Dear BW users
BW will launch the Filecoin (FIL6Z), six-month futures
Details are as follows:
Time and price: August 4, 2020 to August 6, 2020
First round: 2020.08.04 20:00 (HKT) opening price: 14usdt
The second round: 2020.08.05 19:00 (HKT) opening price: 16usdt
Minimum Purchase: 1 FIL6Z
Maximum Purchase: 500 FIL6Z
Open trading time：please pay attention to follow-up annoucement
Participation method: participate in TLP page, welcome BW global registered users to participate actively.
The new version of TokenLaunchPad is issued according to the ranking of the number of subscriptions. The total number of subscriptions is constant. When the purchase volume of all users> the total subscription volume, the actual number of individual users can be obtained = (number of purchases of a single user / all users Total purchase volume) * Total purchase volume, the remaining purchase cost will be returned to the user account; when the total purchase volume of all users ≤ the total purchase volume of this time, the number of individual users can be obtained = the actual amount purchased by the user, the system will deduct The user's entire purchase cost.
After the completion of the two rounds IEO, will release FIL6Z and return of USDT assets.
After the IEO is completed, the trading will be opened, and mutual transfer between BW and ZB chains is supported. Users can choose to trade on ZB or BW.
Specific switching method: the user successfully purchased fil6z. BW will complete the 1:1 switching of FIL6Z and Filecoin token FIL within 6 months after the main network of filecoin is online. Fil6z switching linearly every month. 1 / 6 of fil6z will be switched after 1 month on the main network of filecoin, and the switching will be completed within 6 months. Details of monthly switching will be announced through the official website.
About filecoin (fil6z)
The interplanetary file system (IPFs) is a global, point-to-point distributed version file system. Its goal is to supplement (or even replace) the hypertext transfer protocol (HTTP), which currently dominates the Internet, and connects all computing devices with the same file system. The principle of using content-based address to replace the address based on domain name, that is, users are looking for content stored in a certain place instead of a certain address. It is not necessary to verify the identity of the sender, but only need to verify the hash of the content. This can make the web page faster, safer, more robust and more durable. Filecoin is the incentive layer on IPFs, and builds a decentralized storage market on IPFs through token incentive model. Fil6z is filecoin's six-month futures.
IPFs website: https://filecoin.io/
White paper: https://filecoin.io/filecoin.pdf