Announcing Partnerships with CoinList and Republic Crypto

Token Pre-Sales on CoinList and Republic Crypto

Today, we’re excited to announce that we are partnering with CoinList and Republic Crypto to launch Props pre-sales for accredited and non-accredited investors, respectively. We are the third token to launch on CoinList (following their successful partnerships with Filecoin and Blockstack), and we are proud to be the first to launch on Republic Crypto’s platform. Our partnership with Republic Crypto, in particular, ensures that Props will be widely distributed among all of our earliest supporters, all of whom are now eligible for unique benefits.

We are humbled to kick off our token sale with your support. If you’re an accredited investor, please sign up on CoinList to ensure you get regular updates ahead of registration (November 29) and the sale (December 11) designed for accredited investors.

If you’re an non-accredited investor, please stay tuned for information about how to sign up on Republic Crypto for a separate pre-sale closer to the sale date (December 11).

CoinList has established a strong reputation for its compliance processes and security controls, and Republic Crypto is the first compliant and inclusive blockchain financing and investment platform for non-accredited investors.

For those eager to participate beyond the CoinList and Republic Crypto pre-sales, Props will be holding a public Token Distribution Event in Q1 2018.

Timeline

We have worked hard to structure a token sale that will best benefit the long term health of the Props platform. Our updated timeline is below:

Hardcap

The total purchase cap for the Props token sale will be set at $25 million.

CoinList Details

CoinList is a leading platform for token-based financial services. CoinList’s infrastructure has supported $850 million in investments on its and AngelLists platforms, including the token sales for Filecoin and Blockstack. CoinList only selects partner companies like Props after a rigorous diligence process involving their technical and market advisory committees, which comprise the world’s sharpest crypto investors, luminaries, and developers.

Details

• For regulatory reasons, only accredited investors may participate through CoinList
• Registration opens on November 29
• Participants must register before December 11 to guarantee their allocation
• Allocations will be distributed on a first-come, first-served basis
• The CoinList sale opens on December 11
• Minimum contribution will be released closer to the registration date
• May participate with USD, Ether or Bitcoin
• Props tokens will be released in Q1 2018

Republic Crypto Details

Republic Crypto — part of a family of leading startup platforms including AngelList, Product Hunt and CoinList — is the first compliant and inclusive blockchain financing and investment platform for non-accredited investors. It’s a trusted, SEC-registered platform. We’re proud to partner with Republic on a token pre-sale so that we can provide early access to our entire community of supporters.

Details

• All whitelisted Props community members (in our Telegram group or subscribed to our email list) will have first access the Republic pre-sale
• A total of $1.07 million will be available for non-accredited investors. This is the maximum allowed for regulatory reasons, and we’re proud to offer all of our supporters the opportunity to participate.
• Contributions will be recognized on a first-come, first-served basis
• The Republic Crypto sale opens on December 11
• Minimum individual contribution limit will be set low to encourage widespread participation, details to be released closer to sale
• Maximum individual contribution limit will be capped to encourage widespread participation, details to be released closer to sale
• May participate with USD or Bitcoin
• Props tokens will be released in Q1 2018

Token Distribution Event (TDE) Details

When the platform is ready to launch (Q1 2018), we will hold a Token Distribution Event and sell remaining tokens to those supporting the Props ecosystem. We will honor guaranteed allocations during the TDE, with higher individual limits for early community members on our whitelist (2x before Nov 1 and 1.5x afterwards).

Next Steps

We’ll keep you updated as important sale dates approach over email (join list here) and in real time in the Props Telegram group. Please invite friends who are interested in the Props token distribution event to join both, so the community can continue to grow and support one another.