Exciting news DevvSquad! We’re gearing up for our much anticipated Public Sale, and we want to make sure you’re fully informed and ready to participate. Here’s everything you need to know about the process, key dates, and what happens if you miss out.
Expression of Interest Closure
Deadline: The Expression of Interest form will close on January 12th at 23:00 UTC. However, it will remain open as a waitlist.
Announcement: We’ll announce the closure via Twitter, email and Telegram. FYI we are already oversubscribed
Email Notification: Successful applicants will receive an email instructing them to complete their purchase by January 15th at 12 am UTC. This includes completing KYC (Know Your Customer) and depositing their funds into escrow.
Allocation Process
Initial Allocation: We fully expect to exceed our hard cap, as such all successful whitelisted entries prior to the deadline will potentially see their allocations adjusted by a set percentage to align with demand and available supply.
Waitlist Allocation: We also expect that for a variety of reasons certain purchasers will either reduce the amount they buy or drop out of the sale. The remaining allocation after the initial round will be offered to the waitlist, again adjusted to meet the hard cap.
Final Round: In the unlikely event that there are still remaining tokens any leftover allocations will be available on a first-come, first-served basis, concluding the sale.
Key Dates to Remember
January 12th
23:00 UTC: The form transitions from Expression of Interest to Waitlist.
January 13th
Deduplication and Allocation: The database of purchasers will be reviewed, deduplicated and allocations will be adjusted, successful applicants will be contacted.
January 14th
Email Notification: Successful applicants will be sent an email with a link to the sale and instructed to complete KYC and payment procedures.
January 16th:
5pm UTC Twitter spaces AMA with our CEO Ray Quintana
January 19th
23:00 UTC: Closure of the first round of KYC and Escrow payments.
If at this point there are no dropouts and the Hard Cap is Met
Announcement: We’ll notify the community that the sale has concluded.
If there are drop outs and remaining tokens
January 20th:
Waitlist deduplication and allocation adjustments.
January 21st:
Email notification to successful waitlist applicants who can then register and purchase.
January 26th, 23:00 UTC:
Closure of the waitlist round of KYC and payments.
In the unlikely event that there is still a small amount of tokens available
January 27th:
There will be a final email to everyone on our database and we will announce the opening of the final first-come, first-served round via Telegram and Twitter.
January 30th, 23:00 UTC:
Close the final round. We will then share an overview of the sale with the community.
January 31st: Distribute all tokens prior to listing.
Stay tuned for further updates and make sure to follow us on Twitter and Telegram for real-time announcements. This sale is a significant event for DevvE, our partners, clients and our community, and we’re excited to see your enthusiastic participation!
