Alchemint – Providing A Stable Cryptocurrency
Alchemint is a NEO blockchain powered decentralised network built to provide a stable digital asset (Stablecoin or SDT) to the community in the execution of smart contracts. This network is not regulated by any corporate entity, third party or person. Anyone and everyone has free access to monitor the volume of circulation of stable digital asset on the Alchemint platform.
Security assurance is offered by the smart contracts under the Alchemint platform to members of their community. The collateral of members are secure from fraud and the Stablecoin was created to sustain a market value that is stable over time. By so doing, members of the Alchemint community are assured of the stability of their respective collateral.
Alchemint And LeekICO Enter Strategic Cooperation
Alchemint had decided that the SDT will be made public through the LeekICO platform. LeekICO is a secure, fair and transparent Initial Coin Offering platform where cryptocurrencies are made accessible for public sale.
Through LeekICO startups have been able to expand their reach beyond their respective locality to a much wider global audience through the provision of crowdfunding services.
LeekICO also offer both digital asset management and consultancy services. Alchemint decided to strike a strategic cooperation with LeekICO because of its successful handling of the public token sale for “New Kind of Network” and “THEKEY”.
The SDT Token Public Sale Is On!
SDT the utility token for Alchemint has been made available for sale to the general public on the LeekICO platform. The public sale of SDT commenced on the 12th of June (14:00 PM UTC+10) and is scheduled to end on the 17th of June, 2018 (14:00 PM UTC+10). The total SDT available for the public sale is 200,000,000 representing 20% of the 1,000,000,000 SDT tokens supplied by Alchemint with a “Hard Cap” of $30,000,000 USD.
It is expected that SDT will trade at 1 NEO to 675 SDT and 1 ETH to 7,625 SDT. The minimum contribution is fixed at 1 NEO or 0.1 ETH (NEO is indivisible) while the maximum contribution expected is 56 NEO or 5 ETH. The value of NEO was decided and pegged on June 11th, 2018. This is a full day before the SDT Public sale began.
How To Participate In The SDT Public Sale
You can participate in the SDT token sale by going over to the LeekICO website where you can apply for the token. If you want to apply for SDT, you can go the the LeekICO website here. In filling out an application, applicants will be expected to provide important information as well as requested documentation.
They will be required to comply with the requirements for both Anti-Money Laundering (AML) as well as Know-Your-Customer (KYC). Every documentation provided by applicants will be processed by LeekICO within 2 days of submission.
However, there are country restrictions to the public sale. If you are resident in any of the countries listed below, you will be ineligible to participate in the SDT public sale on the LeekICO platform.
The restricted countries are;
- United States of America