We’ve been getting quite a few inquiries on how one purchases our ICO so we thought we would do a quick write-up on how to do so. Below is how to purchase Erotix.
DISCLAIMER: We are not responsible for loss of funds from negligence or a missing step. We recommend you test these instructions out on a small amount of Ether first to prevent any substantial losses.
This tutorial assumes that you already know how to acquire Ether. If you do not know how to acquire Ether, for most US customers the easiest way to do so would be to make an account at http://www.coinbase.com, sign up and buy Ether. From there you will need to send the Ether to this newly created wallet. Please remember to do these things at your own risk.
Once you have acquired Ether, you need a wallet that supports ERC20. ERC20 is a protocol that allows you to buy ICO Tokens built on the Ethereum Network. There are two types of wallets: a downloadable wallet or an online wallet. A good online wallet would be http://myetherwallet.com . The advantage to the online wallet is that you can literally make an account and have a wallet in minutes. The disadvantage of an online wallet is that you may forget your password or the wallet website itself may have its security compromised. The advantage to a downloadable wallet is that you can copy the wallet, back it up to another hard drive, or generally keep the wallet “safe” at home. If the PC is off the internet either by lack of power or disconnected, no one can come in and “steal” your ether by hacking. The drawback to a downloadable wallet is that it must download the entire blockchain before you may begin. This “syncing” process does take 2-4 days of downloading the block data and can reach 50+gigabytes of data.
This tutorial will be using the online wallet MyEtherWallet.com.
Once you are there, double check that you are at the right place by confirming the address in your address bar.
Create a new wallet by making up a password in the main text box. Please make sure you typed the right password using the “Eye” button to the right. If you get it wrong you will never be able to enter your wallet again. Click “Create New Wallet” when you are ready.
On the next page download your keystore file.
Make sure you save it somewhere safe. Copy and Paste it to multiple places if you are afraid you are going to lose it. If you lose it you will never be able to access your Ether wallet again. One recommendation could be to email it to yourself to a secure email that you never use.
Save your private key. Copy/Paste this text into a text file and save it to your computer. Same rules apply as in the previous step: try to make multiple copies and put it somewhere where you know it can’t get lost.
Click “Save your Address”. On the next screen, you will now get to Open the wallet you just created. The previous steps were only to create the wallet, but now you need to “log in” to the wallet, using the info you just saved. You can do this via two methods: by uploading the Keystore file you just made, or by copy/pasting the private key you just made.
Once you are “in”, you will notice you have an “Account Address”. This is your ether address. Send ether to this address and it will arrive here. Once you have an ether balance in this address, you need to buy Erotix Tokens. In order to complete this next step, once you have funds in your ether wallet, click “Send Ether and Tokens” from the top.
You will need to “log in” again.
Send Ether to the address provided from the ICO, and you will receive Erotix tokens in return. This may take up to 2 hours but will most likely occur in a few minutes.
Click on “View Wallet Info”. You may need to “log in” again with your private key or JSON file.
Scroll to the bottom and add a custom token using the following information:
The popular ICO listing site, ICO Alert, has added Erotix to its “Upcoming ICO” list.
For those of you unfamiliar with the site, ICO Alert provides users with information , podcasts , articles , and reports on upcoming ICOs. Along with this recognition, we are excited to see our community growing across all of our platforms!
Community is one of the most important aspects of any successful project. So far we have had great support and input from our members, which can only lead to positive and healthy growth. Being a member of a solid community has so much value within itself, we see the importance in that and will strive to maintain it.
We are thankful to have such devoted supporters and are excited for whats to come!
As announced in our last blog post, we will be hosting a discord promotion to celebrate the announcement of our ICO. For this promotion, we have set aside 5.000 Erotix Tokens and all that you have to do is invite people to join our Discord server!
That’s right, all you have to do is generate an ‘Instant Invite’ link so you can invite people to join our server and in return, you’ll have the chance to earn a share of those 5.000 Erotix Tokens.
The person that manages to invite the most people to our Discord server, will earn the grand prize of 2.000 ERX. The second and third place will earn 1.000 and 500 ERX respectively. The remaining 1.500 is split over five randomly chosen users. This means, that everyone has the chance to earn some Erotix Tokens.
In order to take part in the promotion, you will have to join our Discord server if you haven’t done so already. Joining is easy, just click this link and log in to your discord account. Then, generate an ‘Instant Invite’ link by right-clicking the #general channel and clicking the button:
This will give you a personalized invite link which we can these use to track how many users you have invited to our server!
The Discord Bounty will run until the 28th of February, which is the end date of our ICO. Good luck inviting!
We have officially set the release date and details of our ICO. Our ICO will commence on February the 1st and will run for a total of 4 weeks.
During the ICO, the Erotix Tokens will be sold in four rounds of 10.000.000 Tokens each. Whenever a round has been sold out, the price of each Erotix Token increases thus the earlier you invest; the more Erotix Tokens you will receive.
The first round is priced at 5000 ERX per each invested Ethereum. In other words, for each Ethereum that you invest, you receive 5000 Erotix Tokens in return. Thus with the current Ethereum exchange rate of $1,037.84, the price of a single Erotix Token is set at $0.21.
In the second round, the price goes up to 4500 ERX/ETH. Followed by an increase to 4000 ERX/ETH in the third round with a final price of 3500 ERX/ETH during the fourth and final round.
Furthermore, we will host a pre-sale for friends and early investors. During the pre-sale, investors will receive a generous discount on Erotix Tokens. A total of 4.000.000 Erotix Tokens will be sold during this pre-sale. Further details along with a registration form will be posted soon.
Since it’s been a while since our previous post, we would like to give everyone a run-down on what’s been happening behind the scenes here at Erotix. During the past months, our team has been busy preparing for the worldwide launch of the Erotix Token and the token sale.
The development team has been working on setting up the smart contracts for the token creation and token sale. Concurrently, we have started internal testing of the Erotix Network video tube website. So far, performance looks promising and we have even started with the first implementations of the Erotix Reward algorithm.
In the meanwhile, our marketing team has been working on setting up promotions and designing artwork. The first promotions have already been featured on our twitter account. Next week, we will also launch our first discord promotion so be sure to join our discord server when you get the chance.
Next week, we will release the full details of our ICO after which we shall roll out our worldwide promotion of Erotix. Not only will we start contacting exchanges and media outlets, we will also release many more promotions. All these promotions will be featured on both our Twitter account and Discord Server, so make sure you follow us!