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Summary
In the following we describe the V Token (VEE) and its corresponding token sale. Table 1 gives the general overview.
The VEEs are allocated in two phases. The TGE starts with a contribution phase during which contributors invest ETH. The contribution phase is split into pre-sale and main sale. Each of these sales is capped at USD 20M. The cap itself is not automatically enforced within the smart contracts. After the contribution phase, the TGE continues with a token allocation phase during which the price of tokens is determined and each contributor is allocated with tokens based on their contribution.
About Block V
BlockV provides a platform for creating smart digital objects (vAtoms) on blockchains and distributing them among users.