SHP Exchange Dynamics: Crowd-sale
Sharpe Platform Tokens (SHP) will be issued at the rate of 2,000 SHP per 1 ETH. This rate will remain constant throughout the duration of the token generation event, or ‘crowd-sale’. Upon completion of the crowd-sale, no more SHP will be minted. The hard-cap for SHP generation, including presale, is $20,000,000, to be pegged to ETH at a time prior to launch of the presale event on November 6th. The public crowd-sale will begin on November 13th at 14:00 UTC. They have implemented ‘dynamic ceilings’ as developed by Status GmbH1 to ensure decentralised distribution of SHP (maximum contribution per person not to be in excess of $75,000 during the crowdsale).