POWER Newsletter October 2021

A successful ICO

  • 2400 participants,
  • 23 million $POWER tokens acquired (including 4.5 million offered as compensation during the pre-sale),
  • a total of 3.5 million USDT raised.

Token distribution Q1/2022

  • 32% to be burned,
  • 24% to pay the team.

The quotation on PancakeSwap

  • easy to implement: unlike a CEX (centralized exchange) we will not have commercial outreach time, referencing, technical integration or prohibitive costs for a fledgling token,
  • international by essence,
  • progressive in its volume: we can increase the liquidity at any time if our token interests the market

What to remember about the Shadow Liquidity Pool (SLiP) membership vote?

  • while waiting for the distribution of the tokens and with the agreement of all, the POWER will be put on the market through the reserve of the association,
  • all POWER sold in ICO (including of course those of the team) are “blocked” (“vesting”) in the “Shadow LIquidity Pool” between the end of the ICO and the 1st burn Q1/2022 (note that this is the schedule that was already provided in the whitepaper)
  • sell or buy POWER tokens from this pool through an OTC server called “OTCivic” to secure the exchange,
  • Place your POWER tokens on a personal term investment account called “Réserve Citoyenne” through 6, 12, 24, 36 months staking contracts.

An initial listing (IDO) in several stages

  • week 40 (from 4/10/2021): gather 100% of tokens in the SLiP and allow the first exchanges on OTCivic,
  • week 42 (from 18/10/2021): price ramp-up on OTC between members of ICO participants,
  • week 42 + 20 days (at the latest): OTCivic opens to the rest of the world, tokens will be able to be exchanged with new members who did not participate in the ICO,
  • before the end of the year: introduction of the token on the market on Pancakeswap.

The OTC platform is open

To conclude

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The alliance of POWER and TRUST in your hands ! POWER is the utility token of Civicpower, an application that gives back power to people via digital voting.

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POWER

POWER

The alliance of POWER and TRUST in your hands ! POWER is the utility token of Civicpower, an application that gives back power to people via digital voting.

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