The Crowdfund
Campaign
How does the crowdfund campaign work?
The intent of the Collypto crowdfund campaign is to allow up to 10,000 users to reserve Collypto Medallions and pre-order Collypto (CPTO) Credits. Only medallions reserved during the 30-day crowdfund campaign will be designated as “Founder” Medallions.
Participation in the crowdfund campaign is limited to residents of the United States, and requires a minimum pre-order of $100, paid in USDC. This covers the cost of the identity verification processes associated with obtaining a Founder medallion, as well as one (1) CPTO Credit (valued at $50/each upon launch). Pre-orders above the $100 minimum will have the additional funds applied to their credit pre-order.
I’ve reserved my Founder Medallion. Now what?
After reserving a Founder Medallion, users will need to register and create an account in the Collypto Portal. The Collypto Portal is where users will upload identity documents, verify ownership of their Ethereum account, and redeem their medallion reservations. The portal will facilitate the activation of any of the enhanced security features offered to Collypto Medallion owners.
After the Campaign
Funds collected during the crowdfund campaign that are not associated with the medallion process will be used exclusively for purchasing collateral assets, as outlined in the Collypto Whitepaper and the How It Works section of our website. They will never be used for operating expenses.
Once the crowdfund campaign is complete, users will be able to withdraw their pre-ordered CPTO Credits, through this site, using the same Ethereum account they used for their USDC deposit. While users will be able to begin immediately transacting with CPTO, direct purchase and redemption of CPTO with Collypto Technologies will not begin for 90 days.