Santa-Clara, CA. March 3, 2021 – The Taraxa Foundation, a non-profit body supervising research and development of the Taraxa project, announced a public sale kicking off on March 4 at 6 PM PST. The token sale follows the launch of Taraxa’s public testnet and the release of a flagship application, with the main purpose of distributing TARA tokens to community members and funding ongoing technology and community development. The offer and sale of the Tokens is not being made within the United States or to any U.S. persons (as defined under U.S. federal securities laws). You will be required to provide documentation and verify your eligibility in order to participate.
TARA token purchasing options and allocation.
The token sale will take place over two phases from March 4 till March 15, with pre-registration starting at 6 PM PST on March 4. Through the sale, investors will be able to purchase TARA tokens, with the price ranging from $0.008 to $0.012 with different locking periods. All options will be offered simultaneously, and participants will be able to purchase any combination of the options. The minimum check size across all options is $1,000. Any unsold tokens will be allocated back into Community and Ecosystem development.
How to participate.
The latest information can be found at Taraxa’s token sale information page. Taraxa is working with Tokensoft to conduct the public sale – the same Silicon Valley-based platform that has helped The Graph, Avalanche, and Findora conduct thier public sales. Registrants will need to go through a KYC process in compliance with relevant regulations and regulatory rulings.
A blockchain ledger purpose-built for audit logging.
Taraxa is a public ledger platform purpose-built for data via audit logging to track informal transactional agreements started in 2018 in Mountain View, CA, by two Stanford graduates, Steven Pu and Justin Snapp. Taraxa’s protocol features a slew of innovations, such as extremely high logic processing throughput, low inclusion latency, and low finalization without sacrificing security or decentralization. The core team hails from Stanford, Princeton, Berkeley, and Brown, with a balance of technical & business backgrounds from Qualcomm, EMC, Cadence, and Monitor Deloitte.