Read more about ICO Argentas: review, rating, road map, overview
Returns since ICO
ICO Token Price
0.4 XLM = 0.12 USD = 0.10 EUR
100,000,000 AXU (ca. 10-12M USD)
Available for Token Sale
100,000,000 AXU (pre-sale), for ICO planned 600,000,000 AXU
Presale price 50% of ICO price
Min/Max Personal Cap
From 500 AXU
Incorporated company's country
Argentas is about decentralizing global banking. As a powerful second generation blockchain project, Argentas helps to build new open global financial system. The Argentas ecosystem will be formed around its core HydraNet blockchain, network interfaces and bridge entities, and an eventual decentralized application economy. Token name AXU - Argentas Exchange Unit (Stellar network - confirmed & verified). Presale lasting normally until hard cap is reached. Focus on introducing the token to community and allowing enough time and availability.
Initial network research and development. Preparation of primer, white paper, presentation, website, token distribution, terms & conditions, social media content.
Work on team and recruitment, preparation of legal and operating structures. Release of technical white paper.
Token distribution (private presale and ICO). Continued communication and content creation. Preparatory development work. Effecting final operating structures.
Development of HydraNet Protocol Development of HydraNet including the native digital asset Development of the Wallet (native, multiasset) and Exchange (native decentralized + gateway interface) applications.
Continued development of the protocol and platform.
Launch of the Minimal Viable Test Network of HydraNet Testing and security audits of HydraNet .
Deployment of the stable version of HydraNet . Launch of Wallet. Launch of Exchange. Launch of application development and creation of HydraNet-based ecosystem. Development of partnerships and expansion of use cases for HydraNet.
Launch of HydraNet bridges (including the optional bridge model bank that as an operating entity is subject to licensing that may take longer). Expansion of gateways and network dapp ecosystem.
Further development of a global network of gateways. Expansion of the HydraNet ecosystem through continued direct and third party decentralized application development, partnerships and user volume growth.
Will there be a Pre-Sale?
This is the presale (we call it pre-distribution) of the AXU tokens. ICO will be later during the second half of the year.
How much was raised in the Pre-sale?
The presale is currently ongoing and can continue until its hardcap of 100M AXU tokens is reached. 100M AXU tokens at the price of 0.4 XLM corresponds to 40M XLM, which in turn at today’s rates is around 8 MUSD, but the fiat currency amount depends on the XLM/USD rate at any given time.
Do I need to go through the Whitelist process? How do I join?
For the pre-distribution phase there is no explicit whitelisting process, because we have the ability to freeze any accounts holding AXU tokens in the event we see that the account holding them is not clean. This way we try to make the process as easy as possible for the token purchasers.
Do I need to go through the Know Your Customer (KYC) process? When?
For the pre-distribution phase there is no explicit KYC process, because we have the ability to freeze any accounts holding AXU tokens in the event we see that the account holding them is not clean. If you are US resident or a resident of a country subject to US or UN sanctions, you are not allowed to participate in the token distribution.
When will your token price be calculated and is it calculated on
ETH or USD?
The token price at the pre-distribution phase is fixed at 0.4 XLM for 1 AXU. The price of XLM (Stellar lumens) fluctuates every day, but at the current rates 1 AXU is approximately 0.08 USD. We do not express the price in USD or ETH, only in XLM, because the tokens are distributed on the Stellar (XLM) network and are XLM compatible. So token purchases are made in terms of XLM. There are detailed instructions on the website on how to get XLM and acquire the AXU tokens after you have clicked the “Get AXU” button on the homepage and ticked through the boxes that pop up.
What bonus did Pre-sale participants receive? Is this bonus locked?
There is no explicit bonus, but the presale price per token 0.4 XLM is at least half of the price at the ICO phase, so the price will double at the ICO phase. This is effectively the same thing as a double bonus, when you will now get the tokens half the ICO price during the presale phase.
When can I get my bonus tokens and what is the lock up period?
As explained above, there are no bonus tokens, but the price at the presale phase is half the ICO price, so that is effectively the same thing as a double bonus.
What is the wallet address to send funds to? (Showing only
the prefix and suffix of the address)
Stellar works differently from Ethereum. You don’t simply send funds to an address but you react to an offer of AXU tokens made on the Stellar decentralized exchange. We use the stellarport.io decentalized exchange, where the AXU tokens are listed and verified. It is very easy and simple, as simple as buying any cryptocurrency on an exchange and can be done with a few clicks. There are detailed instructions on the website on how to get XLM and acquire the AXU tokens after you have clicked the “Get AXU” button on the homepage and ticked through the boxes that pop up, and also in this article: https://medium.com/argentas/how-to-acquire-axu-tokens-4205e1472171 On medium.com/argentas there are also translations of the same available e.g. on Russian, French, and Japanese, and other languages will follow.
What is Token Contract Address?
The AXU tokens are acquired through an offer transaction on stellarport.io decentralized exchange rather than sending to a contract address. This is normal for Stellar compatible tokens. It is simple and safe, and you will receive and see your tokens immediately.
When will I receive my tokens? When can I transfer?
Immediately after having bought them. They will appear on your wallet account (stellarport strongly recommended). You can basically transfer them immediately, but that is not recommended, because any useful market for the tokens is likely to develop after the ICO phase as usual.
Which exchange(s) will the tokens be listed in?
XLM (Stellar lumen) based tokens are transacted on the Stellar decentralized exchange that is part of Stellar. They have been made available, listed and verified stellarport.io decentralized exchange, where we recommend to acquire them. There is of course no existing or active trading on the tokens during the pre-distribution phase but only after the ICO phase, which is normal to all tokens. It is likely that a number of other exchanges will have listings of the AXU token after the ICO phase, but the advantage of Stellar compared to Ethereum is that the tokens can be immediately be made available and listed on a decentralized exchange on the Stellar network such as stellarport.io.
What will happen to the unsold tokens?
Unsold tokens would be kept in reserve for further purposes, but the total supply is fixed at one billion (1,000,000,000) AXU tokens. The presale hardcap is 10% of that i.e. 100 million tokens.
Which countries are restricted from investing?
If you are US resident or a resident of a country subject to US or UN sanctions, you are not allowed to participate in the token distribution.
Do you have an Minimum Viable Product (MVP)? May I see it?
The plans are detailed in the whitepaper and other documents on the website, but the MVP will be only available some time after the ICO phase, as finishing it will require significant resources obtained through complete token distribution, as is normal in these cases. This is due to the very comprehensive and extensive nature of the project inclusive of its proprietary blockchain platform: the project will not be creating applications on existing blockchains that could be done in a faster or simpler way to show the MVP quickly, but it is done in the comprehensive manner requiring a robust proprietary blockchain that will require considerable amount of effort as is normal for such major projects. We have build fintech platforms from scratch before by same key people so we have very clear and realistic assumptions of the work required for that: we focus on high quality from inside out rather than rushing any less satisfactory MVP. The faster the token distribution program is completed, the sooner we will be able to make such pieces of work available.