Navibration Introduces a Privatized Token Sale
Navibration, formerly known as Navibration S.L is a technological company based in Spain. The company is officially backed by the Spanish government through the use of a patented piece of tech. The firm recently announced its plans to introduce a three stage process token sale (private sale, public pre-sale, and public main sale).
The private sale has already begun and is one that will see the company accept funding from private investors, at what is by no doubt, one of the most attractive terms of token sale. The company seeks to introduce what is termed as the next-gen navigation system aimed at changing the way global citizens move when visiting unknown destinations.
As it goes about achieving this fete, it will also be seeking to change how people get information about all the places that they visit. One of the most noteworthy parts of the announcement was the fact that the ecosystem, as well as the application that was announced, will be leveraging on the power of blockchain technology.
The firm hopes to achieve this through what it calls the Navibration Experiences. The experiences will comprise of audioguided tours in what is being billed as a first for the social networking platforms in the world. All the content being uploaded to the network will have been created by individual users.
Token Sale Details
A date for the public main sale and pre-sale is yet to be determined. However, the private sale has already started. Venture Capitals and Accredited Investors are being asked to take part in the sale and be a part of something that is bound to change the way people travel. All participants should expect to go through the KYC process.
Pre-sale
Pre-sale start date 15 Oct 2018
Pre-sale end date 05 Nov 2018
Token Sale
ICO start date 15 Nov 2018
ICO end date 05 Dec 2018
ICO token supply 300,000,000
Soft cap 500,000 USD (fiat)
Hard cap size 6,000,000 USD (fiat)
Legal
ICO Platform No
Token details
Ticker NAVI
Type Utility-token
Additional Token Emission No
Bonus Program
First 1,000 ETH sold - 10% BONUS
Second 1,000 ETH sold - 20% BONUS
Token distribution
40% - token sale
20% - community
20% - future Airdrop for token holders
10% - team
10% - mentors and ICO costs
Funds allocation
60% - development
15% - operations
15% - marketing
6% - legal and administration
4% - research
About ICO
Navibration is transforming the way we navigate by using wearable devices that will guide users with vibration. We call this experience navibration! With Navibration you will be able to find your way home without looking at your device even once!
What's more, by issuing our own token we will create a unique global map of destinations, allowing users to develop routes that will be accompanied by narrated stories. We will issue a custom token that will be used to purchase navibration experiences all around the globe, thus creating a unique travel economy!!
Author: chasun
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ETH: 0x566c10921F6d286EDb15371EDa3EA3a59ca06d76
