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Token Sale Contribution Guide

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Token Sale Contribution Guide 

This is a guide for joining Lendingblock token sale at the pre-sale and main-sale stages.

Warning

There are many scams in the community, do not send your funds to any address other than from official sources. Only send funds from a wallet address that you own (e.g. MyEtherWallet), not a third party exchange address like Coinbase or Bittrex. Any tokens sent through exchange accounts will be unretrievable after the transaction.

If you require a guide for setting up your MyEtherWallet address, you can find the official guide here.

Note: Only ETH will be accepted.
 

Summary of Token Sale information

  • Pre sale starts on 7 April 2018 15:00 GMT till 14 April 2018 15:00 GMT

Minimum individual cap of USD$25,000 equivalent
Maximum individual cap of USD$500,000 equivalent
Price of LND is USD$0.02 excluding bonus
20% LND bonus will be sent 30 days after end of sale
Price of LND is USD$0.01667 including bonus
Price of LND per ETH will be set on the day itself based on ETHUSD
Sale is first come first serve until 181,656,650.4 LND are sold
Recommended gasLimt is 300000
Only whitelisted addresses are allowed
LND will be sent immediately after contribution
LND will be made transferable 7 days after end of sale

  • Main sale starts on 15 April 2018 15:00 GMT till 22 April 2018 15:00 GMT

No minimum individual cap
Maximum individual cap of USD$12,500 equivalent
Price of LND is USD$0.02
Price of LND per ETH will be set on the day itself based on ETHUSD
Sale is first come first serve until 100,000,000 LND and any remaining LND from Pre sale are sold
Recommended gasLimt is 300000
Only whitelisted addresses are allowed
LND will be sent immediately after contribution
LND will be made transferable 7 days after end of sale

How to Contribute

  1. Complete your KYC - please complete your KYC at kyc.lendingblock.com
  2. Contribute to token sale using official token sale contract address

The token sale address is:
lendingblock.eth
0xf9b60A9BFB3eA7152AD948eDac574E38B767Bd3f

When you check this address on EtherScan (https://etherscan.io/), it should say “LendingblockTokenSale”.

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On the respective sale dates,

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If your address is whitelisted, an information dialogue similar to the one below will be displayed

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Check that the information is correct then using your own wallet, you may send ETH to the token sale address to receive LND

Contribute with MyEtherWallet

You may contribute to the token sale through any Ethereum wallet client in which you own the keys to, such as MyEtherWallet, MyCrypto, MetaMask, Mist, Parity, Ledger, Trezor. Here we will show an example of how you can contribute with MyEtherWallet.

  • Go to your MyEtherWallet
  • Select “Send Ether & Tokens”
  • Unlock your wallet
  • Fill in the details accordingly and click “Generate Transaction”
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Click “Send Transaction”

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Click “Yes, I am sure! Make transaction.”

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The contribution is complete once the transaction is confirmed on the Ethereum blockchain

How to check your LND balance

After sending your contribution, LND will be sent to your address immediately but will only be transferable 7 days after the end of the sale. To check your LND balance, you can check your address on EtherScan and it should show up under “Token Balances”.

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You can also check your LND balance on MyEtherWallet by clicking “Show All Tokens”.

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Then find LND and click “Click to Load LND”.

Screen Shot 2018-04-03 at 17.50.13.png

If you are using other wallets, you can add the LND token yourself, the LND token address is

0x0947b0e6d821378805c9598291385ce7c791a6b2

with 18 decimals.