PrimaBlock is a blockchain service for crypto pooling.
It is a tool that is commonly used when investing in an Initial Coin Offering (ICO) or an Initial Exchange Offering (IEO).
Pooling of funds is sometimes the only way for small investors to get in early on projects where the potential for growth and multipliers are greater than the currently traded coins on the exchanges.
Since the minimum project contributions are usually a lot more than what a typical investor can afford individually raising funds through pooling is the alternative.
Unless you have been given a certain allocation from the project most likely you would be contributing to a pool rather than starting one.
But before you contribute make sure you know who is running the pool and which project the funds will be directed towards.
Many times the pool will be anonymous and will only be known to its member because either the project doesn’t allow public pooling or sharing the pool information might violate the SAFT agreement, thus, voiding the allocation altogether.
A lot of these pools are not supported by the ICO/IEO so invest at your own risk.
The person or group that created the pool will usually provide you with some basic information and token metrics regarding the project the funds are raised for.
For this example, the pool is for the BitMax private sale.
Website: https://bitmax.io/
Telegram: https://t.me/BitMaxioEnglishOfficial
White paper: https://bitmax.io/BitMAX_white_paper.pdf
Main round ICO date: No main round
TOKEN METRICS
Token Type: BMAX (ERC20)
Hardcap: $13.1M/ 28,000 ETH
Private Sale: 15K ETH strategic + equity rounds and 13K ETH private round
Public Sale (Pre + main round): N/A
Max supply: 10,000,000,000
Circulating Supply: 2,800 ETH worth Bmax at private sale price on exchange launch(10% of the private round only, all the other rounds are locked). Exchange launches in the first week of August.
ICO base price for this round: 25,000 BMAX/eth
Pool price: 25,000 BMAX/eth + 12% bonus
Vesting period: 10% release on exchange launch with the remaining 90% distributed weekly up to a year as the Bmax are mined in real time
ETH lock rate: TBC
Fee: 4% total
Contribute through this Primablock link:
https://primablock.com/p/Jlt9gypZY_I/contributor
