Timeline

FARAD Cryptoken

25th August, 2017
Start Pre-Token Swap
100%
1st October, 2017
Start Token Swap
100%
31st October, 2017
End of Token Swap
100%
4th December, 2017
FRD Listing in Exchanger
100%
21th December, 2017
1st SWAPBACK REQUEST PERIOD
100%
20th March, 2018
1st SWAPBACK REDEMPTION
100%
21th March, 2018
2nd SWAPBACK REQUEST PERIOD
100%

UCC Production

31st August, 2017
Production Line 1 Testing & Commissioning
100%
4th September, 2017
Start Production Of UCC
100%
September, 2017-December, 2018
Commisioning Of Further Production Lines
50%
30th April, 2018
FARAD STORE
50%

FARAD Cryptoken
Launch Summary

Pre-token swap

Pre-Token Swap program which will be conducted in 3 batches over a maximum period of 36 days. The first batch starts from 25th August 2017, 00:00 GMT till 15th September 2017, 23:59 GMT. The second batch starts from 16th September 2017, 00:00 till 22nd September 2017, 23:59 GMT. The third batch starts from 23rd September 2017, 00:00 GMT till 30th September 2017, 23:59 GMT.

Token swap

Token Swap program will be conducted in 3 batches over a maximum period of 31 days. The first batch starts from 1st October 2017, 00:00 GMT till 7th October 2017, 23:59 GMT. The second batch starts from 8th October 2017, 00:00 GMT till 15th October 2017, 23:59 GMT. The third batch starts from 16th October 2017, 00:00 GMT till 31st October 2017, 23:59 GMT.

Token Swap Volume

1,280,000,000 FRD

FRD Issue Date

The FRD will be issued in batches not later than 7 days after the closing date of each batch.

Distribution of FRD

For every 100 FRD swapped in this offering, 25 additional FRD will be issued and retained for sponsor, team members, partners and advisor

FRD Offer Swap (Pre-token swap)

US$ 0.125 per FRD in ETH + 10% bonus in FRD

FRD Offer Swap (Token swap)

US$ 0.125 per FRD in ETH

Website URL

https://farad.energy

FRD Issue Date

The FRD will be issued in batches not later than 7 days after the closing date of each batch.