SPIN opens token sale on Nami Exchange 15/06/2019

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TPO - True Product Offering is a new concept in fund-raising and crowdfunding via exchanges similar to IEO, but with different standards

It is required that the project team has already launched their products and their tokens available for using in the ecosystem.

The projects are to prove their development potential via fundamentals including users growth rate and token usage growth. These fundamentals also play as a milestone to help unlock funds at a certain period of time.

Investors are to prove their understandings over the products by experiencing and using tokens in real cases. In order to join TPO, investors need to complete several “missions” relating to the products and tokens.

Nami Exchange shall be the very first platform applying TPO standard for every fundraising project on Nami Launchpad. The first project to go TPO on them is SPIN.

About SPIN Project

SPIN is an internal token of crypto ecosystem, which can be utilized for many other products to help trader & investors facilitate benefits in the financial market.

  • BitBattle.io - P2P trading contest platform
  • Nami Exchange - exchange platform for digital assets
  • Nami Launchpad - investment platform connecting projects with true products with investors who seek to true value.

About SPIN Public Sale

  • Ticker: SPIN - ERC 20
  • Sale time: 15/06/2019 to 07/07/2019 or until being sold out
  • Total Amount: 20,000,000 SPIN
  • Total session supply: 8,000,000 SPIN
  • Public Sale Price: $0.12/SPIN - $0.15/SPIN
  • Hardcap: $960,000
  • Minimum purchase amount: 1000 SPIN
  • Accept purchase with: ETH
  • Website: https://bitbattle.io/

PIN TPO sale on Nami Launchpad: 15/06/2019 – 07/07/2019 will be divided in 3 sessions with different token price

  • 15/06/2019 – 21/06/2019: $0.12/SPIN
  • 22/06/2019 – 29/06/2019: $0.13/SPIN
  • 30/06/2019 – 07/07/2019: $0.15/SPIN

About SPIN’s functions

SPIN has four main functions, including:

  • Used to predict the price of BTCUSD on BitBattle.io and win money
  • Exchanged on Nami Exchange for profits
  • Pay transaction fee and other services on Nami Exchange
  • Join TPO session on Nami Launchpad

How to use SPIN on BitBattle

SPIN is utilized to give any prediction about the price fluctuations of BTCUSD on BitBattle.io - P2P trading contest platform which allows users to open battle room, compete with other traders and win valued prizes.

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Traders use 1 SPIN to choose UP/DOWN/SIDEWAYS if they predict that BTCUSD would go UP/DOWN/SIDEWAYS in the next M1 candlestick. If they get it right, SPIN will be returned along with rewards

  • Rewards from system: trader get rewarded a random amount of tokens (XRP, XLM, ETH), payout ratio is 80%
  • Rewards from other traders: traders will contribute their ETH in the Reward Pool, compete with each other; the winner will collect all the Reward Pool

SPIN Exchange on Nami Exchange

  • SPIN can be exchanged with many other coins, tokens on Nami Exchange for more profits
  • SPIN is used to pay transaction fee and other services on Nami Exchange
  • SPIN is used to raise funds for TPO standard - projects on Nami Launchpad

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Investor Segmentation

Based on the investment amount, investors shall be classified into three groups:

  • VC /funds : $50,000
  • Shark - big investors : $2,500 - $25,000
  • Small investor : under $2,500

Slot No. shall be classified into three segmentation based on the Hard Cap

  • Small investor - ~50% hard cap, approximately 4,000,000 SPIN ~ $480,000
  • Shark - ~30%, approximately 2,400,000 SPIN ~ $288,000
  • VC - ~20%, approximately 1,600,000 SPIN ~ $192,000

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How to buy SPIN via Nami Launchpad

Visit Nami Launchpad and log in to your account on Nami Exchange or BitBattle

* Please register here, in case you do not have any account.

Users can buy SPIN with ETH

Requirements

Users need to accomplish a mission of experiencing product of project to join TPO

Participating in doing missions and follow the progress here

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After finishing all missions, you can research more information of project as well as token being on sale.

Calculate your own investment and charge money into Nami Wallet to buy token.

How to buy TPO

Please click “Buy token” when it is show time.

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You shall get notification from the system to confirm token volume you buy when you successfully get it.

Follow your TPO purchasing history at “History” Tab

Public Sale shall be over when getting the hardcap or getting to the offering period.

Token shall be sent to your Nami Wallet when token offering period is over.

Click here for more information about Nami Launchpad instructions

Milestone for unlocking tokens and funds

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SPIN Referral Program

Please do not hesitate to be a partner of Nami and get commission up to 7.5% each exchange.

Click here for more information about Partner Program

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