On January 14, 2018, the APEX team announced they’ve nearly reached their hard-cap $25 million private and public presale goal. The business-to-customer (B2C) data and identity blockchain project has stated they will partially refund private sale investors to create more opportunity for a crowd sale.
As the value of NEO has increased in the past few weeks, the APEX team has opted to take measures to ensure the crowd sale can take place for the broader community to participate.
The private presale had sold out prior to the announcement of the public presale made on December 15, 2017. Early CPX investors included NEO, Badwater Capital, Draper Dragon, Crypto Capital Group, and New Margin Ventures.
The Know Your Customer (KYC) and whitelisting for the public presale period began on December 20th, 2017. Within ten hours the APEX team received over 5,500 public presale applications and closed the KYC whitelist process the following day, well in advance of the originally planned presale application window closing on January 3, 2018.
A total of 3,000 individuals were selected – in chronological order – as eligible public presale participants, placed on the whitelist, and will not need to re-apply for the the crowdsale. The deadline for the first wave of contributions for the public presale expired on Sunday, January 7, 2018.
The third and final tranche of the token presale, the crowd sale, is set to take place on January 29, 2018. The specific cap of tokens will be listed one week in advance. There will be 10,000 guaranteed crowd sale participants, and a 7,000 person waitlist for those who don’t place in the top 10,000. Those placed on the waitlist who won’t be able to participate in the crowd sale, will receive a small, yet-to-be-determined token airdrop.
Crowd sale whitelisting will start at 5 PM (Beijing/CST) on Monday, January 15, 2018. Application forms will be made available at https://apex.chinapex.com/
For up to the date information join APEX’s Telegram Channel: https://t.me/APEXcommunity