Dear LBank Users:
After a rigorous screening, we finally determined that the LBank Solar mysterious starting project codenamed「Saturn」 is:
PHV (PATHHIVE NETWORK)
We will open the Solar「Saturn」—PHV (PATHHIVE NETWORK) sale on
Sale Start : May 22, 2019, 19:30 (UTC+8)
Sale End : May 22, 2019, 21:30 (UTC+8)
Trading Open: May 23, 2019, 19:30 (UTC+8)
Trading Pair: PHV/USDT
- Token Name：PHV
- Total Supply：3,500,000,000 PHV
- Total Amount For Sale: 10,000,000 PHV
- Purchase Currency：USDT
- Purchase Price：1 USDT = 50 PHV
- Upper Limit one investor：5,000 USDT
- Purchase Time：2019/05/22 19:30:00（UTC+8）
- Purchase Method：Weighted average allocation
- Start Time: April 29, 19:30 - 21:30（UTC+8）
- Purchase limit: The purchase amount is divided into two grades according to the number of positions in the first hour of the sale (5/22 18:30:00). The purchase quota is as follows:
One hour before Subscription, dax position >=2,000
One hour before Subscription, dax position >=20,000
2.1) The dax position used to determine the purchase qualification will be taken for a snapshot an hour before the sale.
(3) Ordering: At 19:30 on the same day, the user will accept the order, and the order will be closed at 21:30. Those who meet the requirements within 2 hours after the start will be treated equally.
(4) Purchase Result: After the user places the order until 21:30, the USDT used for the purchase will be deducted, the actual subscription amount will be calculated within 1 hour, and the following processing will be completed:
4.1 deducting the USDT actually used for purchase;
4.2 returning USDT other than the purchase fee;
4.3 Complete the purchase calculation.
(5) After 21:30 (UTC+8) , we will collect all the qualified orders and distribute the tokens according to the individual purchased orders: total purchased orders ratio. The final result will be announced later.
The distribution calculation rules are as follow:
Personal actual subscription amount = (account effective order subscription amount) * (PHV total limit for the day) / (total PHV total subscription for the day)
Eg: If the total sales amount is 10,000,000, the total subscription amount for all users ordering from 19:30 to 21:30 will be 20,000,000, if you place 100,000 PHV. Then,
Subscription ratio = (10,000,000) / (20,000,000) * 100% = 50%
The amount of Solar project you actually subscribed to =(0.5)*(100,000)= 50,000 PHV
You actually pay USDT=(50,000)*(0.02)= 1,000 USDT
We will sell the results publicly after the sale is completed. In order to facilitate the user to calculate the cost, we will publicize the calculation of the three data that are more important to the user as follows:
Subscription ratio = (the current total sales quota) / (the total number of Solar reservations on the same day) * 100%
Individual actual subscription of Solar amount = (subscription ratio) * (personal effective order subscription number)
The actual amount of USDT paid per person = (Solar price)* (the actual amount of Solar purchased per person)
- Users need to complete identity authentication (KYC) ;
- Must hold 2000 dax or more before an hour the participate offering;
- Users from the following jurisdictions will not be able to participate in this token sale:
Albania, Belarus, Bosnia & Herzegovina, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, Cuba, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova,Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe, Afghanistan, Burundi, Canada, Cambodia, Ethiopia, Guinea-Bissau, Guinea, Kyrgystan, Laos, Malawi, Malaysia, Mali, Mozambique, Myanmar (Burma), New Zealand, Sri Lanka, Tanzania, Thailand, Timor-Leste, Trinidad & Tobago, Tunisia, Turkmenistan, Uganda, United States of America (USA), Uzbekistan.
PATHHIVE NETWORK is the first company in the world to take block chain technology + UAV control system security control as the leading factor. It is developing an open platform based on 3D. Its purpose is to enable anybody in the world to generate personal routes anytime and anywhere to ensure UAV safe driving. PATHHIVE NETWORK hopes to achieve the safe driving of UAV by fully automatic AI navigation system and block chain encrypted communication. The core of PATH Manager system developed by PATHHIVE NETWORK is ATHHIVE AI (Artificial Intelligence Navigation System), which calculates user's route information in real time and provides it to UAV, and then encrypts and saves it safely through block chain technology.
See Mare About PHV On:
- All of the above steps must be completed before the start of the purchase event;
- Solar sales are high-risk investment methods. Investors should be rationally involved and beware of investment risks. LBank does not assume any responsibility for guarantees, compensation, etc. for any investment activities;
- The final interpretation of the event belongs to LBank.info
Thank You For Your Attention!
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