Dear BitMax.io Users,

 

DeepCloud AI will launch token public sale for BitMax.io users at 10:00 a.m. EDT, July 18th, 2019. As the organizer, DeepCloud AI takes full legal responsibility for its token public sale. BitMax.io only provides technology and execution support for this public sale. Details are as follows:

Please click here to view details of DEEP Public Sale. (PC only)

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BitMax.io will list DeepCloudAI (DEEP) under the trading pairs of DEEP/USDT, DEEP/BTC. 

Deposit to start at 10:00 a.m. EDT on July 18th, 2019.

Trading to start at 10:00 a.m. EDT on July 19th, 2019.

Withdrawal to start at 10:00 a.m. EDT on July 20th, 2019.

All trading pairs are only eligible for Reverse-Mining and regular trading.

 

Refund Service for BTMX Token Holders:

 

Users with BTMX Position ≥ 10,000 (including pending unlock from private sale) for 20 consecutive days are eligible for the Refund Service at the price of 1,000 BTMX. Details are as follow:

 

  1. Within 24 hours after DEEP listing, users can click “Refund” button on the DEEP public sale page to submit a refund application of the public sale.
  2. At the time of refund application, users must maintain sufficient DEEP balance in the user cash account, i.e. at minimum 50% of the public sale quota per release schedule. After the submission of refund application, the corresponding portion of DEEP tokens in the user account will be immediately locked up and automatically deducted. The initial payment of USDT will be refunded. The rest of 50% will no longer be available.
  3. In the case of insufficient DEEP balance (i.e. less than 50% of the public sale quota), the user will not be able to proceed upon clicking Refund button.
  4. Upon the confirmation of purchase, the refund service will take effect immediately and cannot be altered or cancelled.
  5. The BTMX used for the payment of refund service will be subject to permanent lock-up.

 

 

Eligibility Rules: 

  1. Users are required to complete KYC V2 before they can participate in the public sale.
  2. Users are required to agree and acknowledge DeepCloud AI public sale T&Cs. 
  3.  Users from the following countries and regions are prohibited from participation: the United States, Balkans region, Belarus, Myanmar, Côte d'Ivoire, Cuba, Democratic Republic of the Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syrian Arab Republic, Zimbabwe, Algeria, Bangladesh, Bolivia, Cambodia, Ecuador, Nepal, Afghanistan, Burundi, Central African Republic, Singapore, Mainland China, Ethiopia, Guinea, Guinea-Bissau, Lebanon, Sri Lanka, Libya, Serbia, Somalia, South Sudan, Thailand, Tunisia, Trinidad and Tobago, Ukraine, Uganda, Venezuela, Yemen.

 

Terms & Conditions:

  1. Quota per Regular User Account: 5,000 DEEP; Quota per BTMX Holder with BTMX Position in Cash Account ≥ 10,000 (including pending unlock from private sale, excluding BTMX in Margin Account and BTMXP): 10,000 DEEP
  2. Upon the confirmation of public sale and payment, the user needs to submit the BitMax.io account and public sale code on DeepCloud AI official website within 24 hours to complete the application of the public sale. Any failure in timely submission will result in the user being deemed to voluntarily give up the public sale quota and no longer be eligible for participation. Subsequently, the initial payment of USDT will be refunded.
  3. 50% of DEEP will be unlocked and deposited to user’s account before initial trading platform listing. The rest of 50% will be unlocked and deposited to user’s account at the rate of 16.67% each month from the 1st to the 3rd months after the token listing.
  4. The public sale will only be available to the users from the countries and regions where the local laws and regulations permit the participation.

 

 

Project Introduction of DeepCloud AI

DeepCloud AI is building an AI-driven decentralized cloud computing platform for running decentralized applications — IoT and Web 3.0 dApps. DeepCloud AI will provide a spot market for computing and storage resources for enterprise-level users and individuals, for the purpose of sharing their excess capacity on a decentralized cloud, and with an AI matching engine. With the rise of Blockchain, Internet of Things (IoT) and AI at the Edge, DeepCloud AI envision a great future ahead and leveraging Artificial Intelligence (AI) for resource management allows DeepCloud AI to offer a revolutionary cloud infrastructure for decentralized applications.

 

Token: DEEP

Total Supply: 200,000,000

Initial Circulation: 3,750,000

Offering Price: 0.1 USDT

Official Website:https://deepcloudai.com/

White Paper:https://www.deepcloudai.com/paper/Whitepaper_DeepCloud_AI_Version2_00_ENG.pdf

 

 

Token Distribution

Public Sale: 2.5% of total supply

  • 50% unlocked at TGE (t)
  • 16.67% unlocked t+30
  • 16.67% unlocked t+60
  • 16.67% unlocked t+90

Pre-Sale: 3.13% of total supply

  • 20% unlocked at TGE (t)
  • 20% unlocked t+30
  • 30% unlocked t+60
  • 30% unlocked t+90

Private Sale: 9.38% of total supply

  • 19 month schedule release starting 90 days post TGE

Team: 15% of total supply

  • Locked for 2 years post TGE. With 10 months vesting period: Unlocks 10% every month over 10 months.

Advisors: 5% of total supply

  • Locked for 2 years post TGE. With 10 months vesting period: Unlocks 10% every month over 10 months.

Bootstrap initatives: 15% of total supply

  • These tokens will be set aside to be used to grow the platform. These tokens will not enter the circulating supply on exchanges and will be offered directly for usage of our platform as an initial growth mechanism.

Reserves: 15% of total supply

  • These tokens will held in reserve to act as a buffer against any unforeseen expenses or future growth
  • Unlocks after 2 years post TGE

Marketing/Engagement/Master Nodes: 10% of total supply

  • These funds will be distributed to individuals, developers, companies or startups willing to build and/or promote interesting tools, services or dApps on top of DeepCloud’s Fabric. To maintain constant media outreach and to ensure our project remains visible to the blockchain community, a 5% sum has been set aside for influencers, media, events, conferences and other non-crucial but necessary post TGE exposure for our project, such as Master Nodes.

Foundation/Ecosystem: 25% of total supply

  • These tokens are retained by DeepCloud AI to support the network and ecosystem.
  • Releases in phases 5 years post TGE
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Thank you for the continued support.

 

BitMax.io Team

July 3rd, 2019

 

Telegram Group: https://t.me/BitMaxioEnglishOfficial