FAQ

Kryll.io Token sale FAQ

Find here our frequently asked questions regarding the Kryll.io Token sale.

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What Is Kryll.io?

In short, Kryll.io is:

  • A zero dev skill automated strategies building platform
  • A Crypto traders community
  • A user generated trading tools marketplace

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Ok, but what Is Kryll.io, in details?

Kryll.io is the ultimate platform for cryptocurrency traders looking to use the most advanced trading tools and strategies, as well as benefit from the community’s hive-mind to get the best returns within cryptocurrency markets.

The platform provides intuitive ways to create your own trading strategies that can be set to execute automatically. Through a What You See Is What You Trade™ interface you can design trading strategies making use of the industry’s most powerful tools and safely test them with backtesting and sandboxing.

Once your tools prove their worth you can set them to live-trade on your behalf, taking the right positions at the right time, as if you were following the markets 24/7.

On Kryll.io you can also rent out your very own winning strategies to help fellow traders be more successful. You will be rewarded with passive income for sharing your strategies.

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Who is building Kryll?

Kryll.io is created by Cryptense, a Blockchain company based in the European technology park of Sophia Antipolis located in the south of France.

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What is the purpose of the Kryll token (KRL)?

KRL are spent on the platform to fuel live trading strategies. No further expenses will be charged by the platform: no subscription plan, no hidden fees, no commissions on trade, no strategy rental fees…

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What is the minimum investment?

Minimum investment for KRYLL is 500 KRL.

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What payment is accepted during the sale?

Accepted cryptos for payments are: BTC, DASH, BCH, LTC, ETH, ZEC.

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What will the token price be?

The token price will be set to $0.20 at the end of the Token sale. A bonus system allows you to get up to 30% (price down to $0.15) more token at the start of the crowdsale (Feb 7).

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Will there be a KYC process?

The KRL Token sale will be compliant with the security regulations of several key jurisdictions and will follow the KYC regulation process.

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How many coins are there in total?

220,000,000 Tokens will be in circulation if the Token sale hard cap is reached. All unsold token will not be generated.

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Can I mine KRL token?

No. Kryll (KRL) is an ERC20 based token. The amount of tokens is definitive and KRLs cannot be mined.

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Is the KRL token ERC20 compliant?

Yes, the KRL token is ERC20 compliant and can be stored on any Ethereum wallet which supports this protocol such as MyEtherWallet or Metamask.

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How many coins are there in the Sale?

144,000,000 Tokens will be for sale.

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How can I participate in the sale?

In order to participate in the Token sale you will need to have ETH (or one of the accepted coins listed above) on your exchange (eg. Bittrex, Binance, Poloniex, Coinbase) or wallet.

  • The Token sale starts on the 7th of February 2018 at 12:00 noon UTC
  • The Token sale ends on the 20th of March 2018 at 12:00 AM UTC

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What will happen to the coins that are not sold?

Unsold tokens will not be generated.

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Which exchanges will list your token?

After the Token sale, the team will work with the following exchanges in order to have the token listed, so that every trader that hasn’t bought tokens through the initial Token sale will still be able to buy some and hence use the platform in live trading : Cryptopia, Binance, Kucoin, Bittrex.

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What wallet will I need to hold my tokens?

You can keep KRL tokens on your Kryll.io dashboard or use (e.g.) MyEtherwallet.

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Can the developers dump their tokens when the coin gets listed

No, the tokens allocated to developers are locked for 4 months after the sale ends, after the release of the funder edition of the platform.

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Are there any bonuses or discounts available for this Token sale?

Feb 07 - Feb 09Feb 10 - Feb 12Feb 13 - Feb 19Feb 20 - Feb 26Feb 27 - Mar 05Mar 06 - Mar 20
30% bonus
$0.15
25% bonus
$0.16
20% bonus
$0.17
10% bonus
$0.18
5% bonus
$0.19
No bonus
$0.20

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What's a 30% bonus exactly?

If you invest 200 USD before Feb 10, you will get 1000 KRL (regular price) plus 300 KRL as a bonus. That will make the actual cost of a token go down to 0.1538 USD for your 1300 KRL.

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Is there a bounty program?

Yes, you can participate to our bounty program on the dedicated Bitcointalk topic.

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Is there a referral program?

Once registered you will receive an e-mail with your referral link. You can share it with your friends and earn 5% of the number of tokens (bonus included if any) purchased by the person you referred. Payment will be made in KRL once the token sale is over. Spamming will result in account termination.

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I participated in the Token sale. how do i receive my KRL?

Your KRL tokens will be sent to your Kryll.io dashboard. You will be able to move them after March 30th, 2018 to any ERC-20 standard wallet such as MyEtherWallet, Metamask or Mist. You can also leave them safely on your Kryll.io dashboard.

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Do you have a prototype / MVP (minimum viable product)?

We will show a prototype of the platform in March 2018.

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How / where can i check my KRL token balance?

You can check your KRL balance on your Kryll.io dashboard.

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