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
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
|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%|
Calculating the Tokens Purchased
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
- 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
Contingency & Flex
Future Funding Use
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.