Updated FAQs

The Blocnation Token (BNTN) will be utilized throughout Southeast Asia’s leading cashless payment community of events and venues. The Blocnation app features include altcoin holding, atomic & etomic swaps, acquiring of event tickets, hostel booking, cashless top up, and cash-back.

No, Blocnation operates on its own decentralized blockchain powered by Komodo. Allowing for both BTC and ETH transactions.

The Blocnation decentralised ICO will begin on May 3rd +7 CET 2018, on
the day you’ll need to visit https://blocnation.io to get started. You can
check out a demo of how to participate using the dICOapp in this video:
https://youtu.be/G643VBZPz5Y.

(New Video for webapp coming soon)

BNTN Token will be available for purchase via the blocnation.io website. Exchanges where BNTN will be available will be announced at a later date.

This is a decentralized ICO so participating in the Blocnation ICO means you will receive your BNTN to the wallet address you use to participate immediately. That’s really one of the beautiful things about this!

social@blocnation.io

Join our Telegram Announcements channel, https://t.me/BlocNATION

The transactions are updated to the webapp in batches so it will take some time for peoples transactions to be displayed. Thanks for your patience, it’ll reach your wallet soon.

This is a decentralized ICO so participating in the Blocnation ICO means you will receive your BNTN to your wallet immediately. That’s really one of the beautiful things about this!

BNTN will be available in four rounds. The first round only accepts KMD however supsequent rounds will accept KMD, QTUM and BTC. You’ll be able to get BNTN as cheap as 0.14 cents, but on average it will be ~ 0.1625 cents. You can check out all the details on the token sale metrics on pg 22 of the white paper

http://playnprint.com/blocnation/wp-content/uploads/2018/03/Blocnation_Whitepaper.pdf

We’ve decided to accept KMD, QTUM and BTC.
If you decide to purchase using KMD you will be able to participate in the first round where BNTN will only be 0.14 cents!   
You can read more about the token sale metrics on page 22 of the white paper here: http://playnprint.com/blocnation/wp-content/uploads/2018/03/Blocnation_Whitepaper.pdf

There will be no KYC for those wishing to participate.

It fluctuates a bit depending on the stage of sale (averaging out at around $0.16USD). Please check out the whitepaper, you’ll find all the details there

Funds raised in Blocnation’s dICO crowdfund will be used to build a high caliber team with various industry background and business experience. Blocnation will require team of developers, marketers, operations specialists, finance experts, legal team and sales executives. Feel free to check out our detailed road map on page 21 of the whitepaper to see what we are setting out to achieve  http://playnprint.com/blocnation/wp-content/uploads/2018/03/Blocnation_Whitepaper.pdf

We’ve decided to resreve 25% of the BNTN Token supply to help fuel adoption of the Blocnation platform. Blocnation may seek to acquire BNTN Token buy back once the BNTN Incentive Reserve is depleted. Post dICO the remaining reserve will be used to compensate node operators, allowing free transactions for users whilst incentivizing node operators for their work. You can read more about incentive reserve in the white paper http://playnprint.com/blocnation/wp-content/uploads/2018/03/Blocnation_Whitepaper.pdf

It’s 500M, you can find details in the whitepaper (p.25)