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The crowdsale will take place on March 28 - April 3 and the token exchange base rate is set to be 1 ETH = 6000 SPN, with effective token price of $0.10.
The effective price is based on ETH/USD exchange rate and will be updated on the start date of the tokensale.
Will the effective value of SPN token be higher 3 months after the ICO?
The market outcome will be determined as "Yes" if effective price of SPN token equals or higher than $0.10 at 11:59 p.m. (UTC) on July 3, 2018, as reported by a credible source such as Coinmarketcap.
Once the outcome is determined, the market closes for up to 48 hours during which it is possible to dispute the outcome. After that all the shares are liquidated and automatically converted to money.
The liquidation value of the shares which represent the actual outcome of this market will be 100%. All the other shares will have no value.
Please contact [email protected] for any disputes.
The decisions and determinations about the market outcomes shall be at PredictionMarkt’s sole discretion and shall be final.