Introducing HackenAI (HAI) Token Sale on OceanEx GO!

OceanEx Official
4 min readMar 27, 2020

We are pleased to announce that OceanEx GO! project — HAI token sale will start on April 13th, 2020 21:00(UTC+8). We have prepared VET Special for users to participate in.

About HAI

HackenAI is the all-in-one continually developing personal cybersecurity application they developed to help keep the digital identity and online world safe. Data protection and guarding online privacy is becoming an increasingly essential element of our digital lives. If you want to know more about OceanEx GO! project-HAI,please refer to OceanEx GO! Launches the New Project — HackenAI(HAI)

HAI Token Sale Information

· Token Name: HAI

· Token Sale Hard Cap: 400,000 USD

· Total Token Supply: 1,000,000,000 HAI

· OceanEx GO!’s Allocation: · 40,000,000 HAI (4% of Total Token Supply)

· Subscription Token: VET

· Public Sale Token Price: 1 HAI = 0.01 USD (price in VET will be determined within 72 hours prior to the token sale)

· Token Sale Method: Weighted Average Allocation

· HAI will be issued on the VeChainThor Blockchain

Subscription Rules

· Token Sale Period: · 21:00, Apr. 13th, 2020 (UTC+8) — 21:00, Apr. 14th, 2020 (UTC+8).

· During the Token Sale Period, participants can subscribe HAI tokens by using VET subject to their Maximum Token Subscription Amounts. The tokens used for subscription will be locked and deducted from your balance for the lock-up period.

· New Token Distribution: OceanEx will distribute new tokens and refund the rest of VET to participants’ accounts before 10:00, April 15th, 2020 (UTC+8).

OceanEx GO! allocation

· Token Available for OceanEx GO! : 40,000,000 HAI

· The OceanEx GO Token Sale is open to OCE Club Members and VET X Node holders Only.

· Special Bonus: If you are a VeChainThor X Node Holder or an OCE Club Member higher than Level 1 , you will be granted a special Token Subscription Price Discount based on your X Node type and OCE Club membership level. If you have both an X-Node and an OCE Club membership, you will enjoy the more favorable bonus out of these two structures. (See table below)

*For each user, the minimum subscription amount is 1,000 HAI, and maximum subscription amount is 10,000,000 HAI

Token Sale Allocation Calculation Rules

If the token sale is oversubscribed:

· The project tokens received = (total token available for current session) x (your new token subscription amount) / (total new token subscription amount received in current session)

· Investment cost = the project tokens received x (token price in VET) x ( 1 — any discount applied)

· Refund = your total VET subscription amount — the investment cost

In any other cases, your token subscription amount will be fully distributed. You’ll be refunded the rest of VET if any discount applies to you after IEO.

Listing Time

HAI (HackenAI) is going to be listed on OceanEx on April 27th. The details are below:

  • HAI/BTC trading pairs will be opened on April 27th, 2020 (UTC+8).
  • Withdrawal function of HAI will be opened on April 30th, 2020 (UTC+8).
  • Deposit function of HAI will be available on May 8th, 2020 (UTC+8).

Note:

· Every account can submit applications for new token subscription at most 10 times during OceanEx GO Token Sale. The total subscription from each account cannot exceed the account’s maximum token subscription amount for that session.

· Users need to complete Verification (KYC) and accept IEO Sale Agreement before participating in the session.

* Risk Warning:

1. All projects selected by OceanEx GO! are startups blockchain projects, which contain
uncertainty in terms of the application and sustainable development afterwards, so please make your decision after conducting comprehensive research and consideration.

2. The project tokens you finally received depends on your subscription amount and all other participants subscription amount in total. Unsuccessfully subscribed VET will be returned to your account. You should also be informed and noticed that VET will be suffered by price fluctuation during the event period, please pay attention to the risk.

Note: OceanEx (includes OceanEx GO!) currently does not serve customers from the following countries/ regions/ territories: USA, China, Japan, Sudan, Syria, North Korea, Iran, Liberia, Cuba, Ivory Coast, Macedonia, South Sudan, Belarus, Congo,Zimbabwe, Central African Republic, Albania, Lebanon, Libya, Eritrea, Somalia, Myanmar, Yemen, Afghanistan, Iraq, Bosnia-Herzegovina, Burundi, Chad and Venezuela.

OceanEx Team

Mar/27/2019

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OceanEx Official

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