General Overview
n99 Unleashing Human Potential . Instead of depending on centrally managed software and infrastructure n99 leverages what is known as the Safe Network to anonymously and securely manage the movement of data that n99 originates. This means that no one group or entity will be able to be at the control of whether the people get to create or not. It's cryptocurrency: Safecoin is anonymous, instantaneous in clearing, and has no transaction cost to move. That is why n99 is built on a ground breaking technology. It's decentralized organization will be able to participate in the acitivities on n99 and voice their opinion.
Unlike most databases, the Safe Network is distributed across the Internet, making it practically impossible to shut down, and it's secured by network consensus, making the real-time record impossible for any one individual or group to successfully tamper with. Since the Safe Network itself is an amorphous data switching system n99 is designed to be a robust creative platform leveraging the Safe Network's power. Creative output stored through n99 can never be changed or deleted if the terms do not allow for this. Therefore, n99 is an ideal platform for all kinds of creative activities.
For the purpose of the crowd-sale we will be accepting only Bitcoin, MaidSafeCoins and Safe exchange coins . The crowd sale serves three vital purposes: It will support development, operations, maintenance and internationalization / localization of the n99 platform, and associated legal, promotional, administrative and logistical expenses involved in securing its widespread adoption and success. Development expenses include work on network infrastructure.
The crowd-sale takes place as an auction. If one person put $1 and no other purchases of n99 SEEDS had been made, then that person will own 100% of the n99 SEEDS. If someone stepped in and added $9 then the person who had paid $1 will now be reduced to 10% ownership since the addition of the $9 had made the total $10, and the person who put $9 would own 90% of the SEEDS. The distribution will be determined based on the price of Bitcoin, Safe Exchange Coin and MaidSafeCoin as an average of the last 7 days of the trading price of both Bitcoin,Safe Exchange Coin and MaidSafeCoin. If you had spent MaidSafeCoin at $0.02 and at the conclusion of the crowdsale they are $1.00 you will receive your proportion relative to the new price average from the last 7 days leading to the conclusion of the crowd-sale. The first two weeks will see a 25% bonus, for the second 2 week period the reward will be 15%. In the 5th week the bonus will be 5%, and the last week no bonus will be applied.
Crowdsale Details
Please note that crowdsale details are subject to change.
Length of Crowdsale: 45 Days
Crowdsale Start Date: April 1st, 2016, 909pm [GMT]
Crowdsale End Date: May 15th, 2016, 909 pm [GMT]
Number of SEEDS in Crowdsale: 99,999,999 (Ninety nine million Ninety Nine hundred thousand Ninety Nine hundred and Ninety Nine)
Distribution: 1% Founding Team; 99% Software Sale;
Sale Site: n99.io/crowdsale.html
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