Recent Community Questions Regarding our ICO

PinkDate is a blockchain-funded, anonymously operating escort agency, and the first ICO to offer equity positions with return on investment based on revenues. Find out more at pinkdate.is.

We’ve been getting lots of good questions on Slack, Twitter, and Reddit regarding our upcoming ICO! We gathered the most important questions here.

Note: This article has been updated as of January 24, 2018.

1.How are the ERC-20 tokens going to be distributed? When I invested originally through Monero, I was told that dividends would be deposited back into the address.

ERC-20 tokens are for trading. You can always use our investment portal and keep your shares held there, directly off any blockchain.

2. Now, will I have to provide an ETH address for the tokens to be distributed to?

You never need to use ETH if you do not want to sell your tokens. We are considering offering our own private trading platform to maintain privacy for our investors.

3. How will the process of token holders logging in to withdraw dividends work?

If you have your shares on our platform (vs in the ERC-20 contract), then you will need to login and claim your dividends. You then tell us how much to send to which addresses and in which currencies. So you could take 20% out in Monero to 1 address, 20% to Bitcoin Cash, 60% to Ethereum, etc.

4. Will it be based on the ETH address that you’d have registered?

Only for people not wanting to use our investment portal, pure ERC-20 holders. In that case, they will have their dividends, in ETH, immediately available for withdrawal via our smart contract. (But this is transparent so we do not recommend it.)

5. What if one person logged in, took dividends and then transferred them to someone else?

The dividends are based off a snapshot at a published time, like X date, 00:00 UTC. Shares traded after that point have no bearing on the previous dividends. That means you need to keep your old ETH wallet around if you held shares at the dividend date, then sold the shares.

6. Will the holders just be scanned at a particular time and then linked back to an investor account?

The dividends are based off a snapshot at a published time, like X date, 00:00 UTC. Shares traded after that point have no bearing on the previous dividends. That means you need to keep your old ETH wallet around if you held shares at the dividend date, then sold the shares.

7. What if someone holds and isn’t registered?

See #4.

8. How many tokens are currently for sale?

Pre-ICO tokens = 85 million

ICO tokens= 34 million

Total token sale = 119 millions.

9. What will happen to any tokens that do not get purchased?

Any tokens that do not get bought by the end of our ICO on March 11, 2018, will be burned.

Don’t forget, our Pre-ICO closes January 31st, 2018, so there’s still plenty of time to get in on the action. Head on over to https://invest.pinkdate.is to create an account and get started. If you have specific investor questions, reach out to us at IR@pinkdate.is, or head on over to our public Slack channel.

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