Our MATE™ Token

The MATE token (Machine Access Token Exchange) was designed to allow anyone to participate in the rise of a global ecosystem of human and device connectivity, starting with the enterprise and quickly expanding to the consumer space. The Augmate ICO with rights to receive MATE tokens is ONLY available on CoinList.

The Longer Road

Augmate believes that smart decisions come with knowledge. Our Token sale using a SAFT is structured to give time for the decision. There are benefits for coming in early but we want those who invest to understand what we are about. Explore, ask us questions and join us on the mission to create unified device management without fear of compromise.

Discounts and Vesting

The sale is set up as a series of base-line discounts that are a combination of time and raise hard caps.

Prior to token release, investors in the Augmate SAFT will have the chance to choose additional discounts from 2-6% for vesting periods from 1 to 3 years.

A Series of Discounts

The time and non-vesting discount schedule is as follows. The hard cap for each S is $10 million U.S.
Series Begins Ends Discounts
S-1 Dec 15 Jan 15 Closed
S-2 Jan 16 Feb 28 Closed
S-3 Mar 1 Mar 31 24%
S-4 Apr 1 Apr 20 18%
S-5 Apr 21 May 18 12%
S-6 May 19 Jun 15 6%
S-7 Jun 16 0%

Calculating the Tokens Purchased

The amount of final tokens received by the SAFT investor will be:

Amount Invested converted to U.S. Dollars divided by (1-discount percentage) divided by final price of token represented by the SAFT.

Put another way:

Amount Invested = Number of tokens received multiplied by (1-discount percentage) multiplied by final price of token represented by the

Our anticipated final price of the token as represented by the SAFT will be $ .01 or 1 U.S. cent. With this in mind, an example would be (for illustrative purposes):

  • 1,428,571 tokens received upon distribution
  • $10,000 invested
  • 30% discount rate
  • $ .01 per token as final price

$10,000 = 1,428,571 x .7  x $ .01

Total MATE Tokens Created: 50 Billion

30% will be sold in the Crowdsale

35% will be held as future rewards for users of the platform

15% to be used for the MATE Foundation to Encourage usage of the platform and manage the rewards tokens

15% for Founders and Team Members with a 3 year, even vesting schedule

5% for Early Advisors and Service Providers

INVESTORS

CUSTOMERS

FOUNDATION

FOUNDERS

ADVISORS

Contingency & Flex

Set aside for ensuring there is funding for opportunistic and strategic needs.

Operations

Organization structure and management. Ensure culture is pacing with growth. Attend to financial governance and overall business needs.

Future Funding Use

Marketing

Accelerate global marketing and sales push, support positioning, awareness and penetration of target accounts

Engineering

Build-up of engineering teams in San Francisco, Ukraine and Asia.

R&D

Focused specifically for target industries including healthcare with the goal of creating interoperability systems.

To participate in the Offering, purchasers will need to first register on Coinlist. This process requires, for U.S. Persons, evidence of accreditation status pursuant to Section 506(c) of the Securities Act standards. This can be satisfied in one of two manners: submitting evidence proving asset worth, or providing the contact information for their lawyer or CPA to attest on such Purchaser’s behalf. Additionally, Purchasers will need to provide entity information such as address and social security number or tax ID number to pass a KYC (Know Your Customer) and AML (Anti Money Laundering) checks.

Note Regarding Forward Looking Statements. Certain statements and information in this communication may be deemed to be “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements regarding the completion and timing of the ICO sale and security token offering and our planned use of any proceeds of such sale and offering, and all statements (other than statements of historical facts) that address activities, events or developments that the Company intends, expect, project, believe or anticipate will or may occur in the future. These statements are often characterized by terminology such as “believe,” “hope,” “may,” “anticipate,” “should,” “intend,” “plan,” “will,” “expect,” “estimate,” “project,” “positioned,” “strategy” and similar expressions, and are based on assumptions and assessments of the Company’s management as of the date hereof. 

The Company undertakes no duty to update or revise any such statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance. Whether actual results will conform to expectations and predictions is subject to a variety of known and unknown risks and uncertainties, including the terms and timing of the ICO. This press release is neither an offer to sell nor the solicitation of an offer to buy the ICO or any other securities, and no offer, solicitation or sale will be made in any jurisdiction in which, or to any persons to whom, such an offer, solicitation or sale is unlawful. The securities described herein have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

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