The RGE Token Generation Event will be conducted by the Rouge Foundation OÜ, the Estonian registred entity that supports The Rouge Project.
The token sale terms are prepared by the law firm Hedman Partners and will be available on this page from April 2018.
The Rouge Token
|Token type||Ethereum open source ERC20|
|Total supply||1 billion|
|TGE distribution||500 million maximum|
|Price per token||equivalent to $0.076 (USD)|
(in ETH, as determined on the 4th June 2018)
|Utility||Please see our white paper|
The TGE will start on the 4th June 2018 00:00 UTC and will end on the 8th July 2018 00:00 UTC (or earlier if all 500 million tokens are sold before that). Unsold tokens will be transferred to the reserve pool Y+2 if the TGE distribution doesn't reach 500 million.
Token price in ETH will be set at the start of the TGE to be equivalent to $0.076 (USD). That means that our theoretical TGE distribution maximum raise (e.g. ETH=$500 and including pre-sale discounts) is $28 million (USD).
There will be two project reserves:
- 300 million tokens will be locked until the end of the TGE + 1 year minimum (reserve pool Y+1)
- 200 million tokens will be locked until the end of the TGE + 2 year minimum (reserve pool Y+2)
The RGX pre-sale
The Rouge Project is using an innovative method to give time-based discounts to early participants. This method allows you to keep the full potential of ETH appreciation between the time of the pre-sale participation and the token main sale itself.
In a classic TGE (or ICO) discount pre-sale, if you buy tokens with a 50% discount when ETH is at $500 but ETH appreciates to $1000 before the main TGE, you have lost all your discount! With the Rouge solution, your whole discount is preserved.
For each tiered discount level, we have created a smart-contract named “RGXm” with m being a multiplier discount (x12 for RGX12, x9 for RGX9, etc). RGX are also ERC20 tokens and cost 0.001 ETH but this price is just a unit of account of your level of participation to the pre-sale and is not connected to the Rouge [RGE] TGE price. You can see RGX as a "discount coupon" of the main RGE token.
Please refer to the white paper for the precise rules or just simply use the RGX/RGE calculator on this page. The charts on this page are based on a ETH price of $500 USD but you can change the base price in the calculator.
|RGX6 (x6 discount pre-sale smart-contract)||not yet open|
|RGX7 (x7 discount pre-sale smart-contract)||not yet open|
|RGX8 (x8 discount pre-sale smart-contract)||private pre-sale only|
|RGX9 (x9 discount pre-sale smart-contract)||sold-out|
|RGX12 (x12 discount pre-sale smart-contract)||sold-out|
|RGX15 (x15 discount pre-sale smart-contract)||sold-out|
|RGX20 (x20 discount pre-sale smart-contract)||sold-out|