FAQs
Can US citizen/resident participate in the token sale?
No. US citizens and residents including (Puerto Rico, the U.S. Virgin Islands, or any other possession of the United States) can not participate in HostCoin token sale. The only exception are accredited investors who participate in the Private Sale.
Are there any restrictions?
People from the OFAC list (sanctionssearch.ofac.treas.gov) and following locations are not able to participate in the public token sale: United States of America including (Puerto Rico, the U.S. Virgin Islands, or any other possession of the United States) (except for accredited investors participating in Private Sale), Republic of China (except for Hong Kong, Macau and Taiwan), South Korea, Cuba, Iran, North Korea, Syria.
Where can I find more information on HostCoin?
Tokensale website: HostCoin.io
Are there any ICO communication channels?
Is it Utility Token or Security Token?
HOSTC is the Utility Token. It is NOT a Security Token. Token holder will not receive any profit sharing, dividends or equity in the company.
What is the Token purpose?
The purpose of the HostCoin token is to make purchasing of domain and hosting services more efficient. The whole Hosting services/platform will be tokenized. Webmaster and domineers will be able to perform numerous transactions on the platform much faster, more secure and cheaper than before.
For example, webmaster will be able to pay for all hosting services using HostCoin tokens and domineers will be able to use HostCoin tokens to make fast and easy purchases of domains off all extensions. The payment in HostCoin tokens will be much cheaper than the equivalent payment in fiat and make transaction fees a bare minimum.
But the main purpose of HostCoin token is to bring a universal way to acquire hosting services as well as domain registration allowing anyone anywhere in the world to have a compatible way to Host website and register domains.
When can I transfer tokens to my other wallets?
The tokens will be issued within 30 days after the end of Token Sale. They will be initially available at your HostCoin wallet. Afterwards, you will be able to transfer them anywhere you want.
What is the total Token supply?
The total supply of HOSTC tokens is 100 million. 55 million is allocated to the token sale. The final amount of tokens in circulation will depend on the number of people participating in the different bonus stages.
Do you offer any early bird bonuses?
HostCoin Token sale will be sold in 4 stages. The stages have bonuses as described below:
1st round 25% bonus runs 10 days = 1.25 HOSTC
2nd round 15% bonus runs 15 days = 1.15 HOSTC
3rd round 10% bonus runs 20 days = 1.10 HOSTC
4th round 3% bonus runs 30 days = 1.03 HOSTC
Do you have extra bonus for large checks (ex. Private Sale)?
We offer individually negotiated bonuses to large contributors (Private sale/Accredited investors)
When the Tokens will be issued?
The HOSTC Tokens will be issued within 30 days after the end of Token Sale.
Will Tokens be available on exchanges?
We do not currently want to express intentions to list HOSTC tokens on the exchanges. Therefore, any Tokens that you may see listed on an exchange are not supported by HostCoin and we make no representations or warranties regarding the safety or usability on the HostCoin platform for HOSTC Tokens purchased on an exchange.
Can the Tokens be mined?
11,111,112 HOSTC Tokens are set aside for mining.
THE WORLD’S FIRST "NEXT GENERATION" WEBSITE HOSTING SERVICE BUILT ON THE GLOBAL BLOCKCHAIN POWERED BY THE HOSTCOIN.
