Wemark’s token sale goes live July 24th — full details announced

Wemark launches its token sale with bonus incentives for early contributors.

After a wave of partnerships, product announcements, new additions to the team and advisory board, conference presentations, and participation in leading international blockchain and photo industry panels, the long-awaited Wemark token sale will go live July 24th.

From the day they launch, Wemark tokens (WMK) will facilitate direct transactions between image buyers and photographers, giving creators increased transparency and control. It will also help reduce costs for buyers by dramatically lowering transaction fees associated with intermediary structures of traditional stock photography agencies like Getty and Shutterstock.

Wemark’s token sale officially opens July 24th and will last for two weeks, unless it reaches its hard cap sooner. The sale will be open to contributors with a minimum contribution of 0.2 ETH and a maximum contribution of 250 ETH.

Public sale bonuses (up to 12%!)
After calculating the funds collected prior to the public sale, the remaining amount will be split into four equal parts.

Important: do not wire funds to any ETH address other than the wallet address published on https://contribute.wemark.com. Due to the increased interest in our sale, there are hundreds of scam attempts every week. Please be extra careful and contact us with any questions or concerns you have about our sale or the process of sending the contribution.
As we get closer to the sale, we’re announcing the final ETH rate for our hard cap, soft cap, and price per token.

Soft cap — 3,250 ETH (updated from $1.5M)

Hard Cap — 16,750 ETH, (updated from $8M)

Instead of $0.2 per token, the new price is 1 ETH = 2,375 WMK.

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This post which features the full and final details of the sale is also an opportunity to formally announce that the soft cap was already reached during the private sale.

This means that before the public sale, we were able to raise the necessary funds to develop our product and ecosystem. Although every additional ETH raised will get us closer to our goals, Wemark tokens will be issued regardless of any additional funds we raise. This will likely be an additional vote of confidence and an incentive for contributors and partners to get onboard.

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Please note: At all stages, all contributors must be whitelisted in order to participate in the sale and at this stage, contributions will be restricted from the following countries until further notice: Israel, United States, North Korea, Iran, Iraq, people’s republic of China, Syria, Lebanon.

The only currency accepted during all stages of Wemark’s token sale is Ethereum (ETH).

Please feel free to contact us on Telegram if you have any questions.

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Info about our upcoming Token Sale can be found HERE