1． What is Facepower？
The Facepower Asset Chain (FAC) is the world's first decentralized chain for community influencers and original creators, aiming to rewrite the Internet's traffic ecosystem through blockchain technology. Transforming the traditional Internet's centralized traffic distribution method into one governed by community users and KOLs (key opinion leader), Facepower redefines the Internet's traffic economy ecosystem.
The FAC project protects the rights of ecosystem participants through smart contracts; transmits and protects the value of information through technologies such as DAI and DID, attracts multiple parties to participate in ecological construction; reduces storage and bandwidth costs through DFS to ensure that information security can be accessed. Official Website：http://facepower.cc
2． FAC Token Price：
FAC "Price Limit" trading accepted currency: ETH
FAC "Price Limit" trading total hard cap: 3000 ETH
FAC "Price Limit" trading individual hard cap: based on the user's BGGHP to the total BGGHP ratio (BGGHP countable as valid is maxed out at 10 million)
"Price Limit" trading stage - FAC will trade at 83.33% of the private sale price during "Price Limit" trading stage. (The FAC/ETH trade fee is 0 during this stage.)
FAC private sale price: 1 FAC = 0.00015 ETH
FAC "Price Limit" trading price: 1 FAC = 0.000125 ETH
Public trading stage - After FAC's "Price Limit" trading stage, FAC public trading will begin on April 17, 2019 at 20:00 (UTC+8). At that time, users can trade on the Bgogo exchange's FAC/ETH trading pair at market price.
3．Notes on FAC Deposit and Withdrawal:
FAC deposits will not be available until 1 month after the public trading stage starts. During this period, no new or additional FAC tokens will be deposited to the Bgogo exchange.
4． What is FAC "Price Limit" Trading Event:
All users who hold BGGHP (click here to see what BGGHP is) have the option to take the FAC Exam, which is expected to take 5 minutes. Only users who both pass KYC and take the exam can participate in the FAC "Price Limit" trading event, splitting a number of FAC tokens equivalent to a total of 3000 ETH. Details are as follows:
FAC exam time: 14:00 on April 11, 2019 – 14:00 on April 16, 2019 (UTC+8)
FAC "Price Limit" trading hours: April 17, 2019 14:00 - April 17, 2019 20:00 (UTC+8)
FAC Trading time: April 17, 2019 20:00 (UTC+8)
FAC Exam link: https://jinshuju.net/f/As9XfK
5. Event Process:
1）No need to snap up - as long as the user passes the KYC certification and take the exam, they will be granted the FAC "Price Limit" trading allocation proportional to the total BGGHP held on the platform. You can log into the platform to trade at any time within 6 hours after the start of the event. There will be no need to snap up.
2）KYC - Bgogo users participating in the event must pass KYC certification. Users who do not meet KYC conditions are deemed to have voluntarily waived their trading qualifications.
3）FAC Exam - Users who apply to participate in the FAC "Price Limit" trading event must take the BGGHP Holder Exam.
4）BGGHP - FAC's "Price Limit" trading quota will be allocated according to each user's BGGHP amount. The portion over 10 million BGGHP will not be counted towards calculation.
5）FAC "Price Limit" trading - The FAC "Price Limit" trading event will place fixed-price sell orders. Users with allocations will have 6 hours to finish the trade. The “FAC Allocation” text will display above the trading fees.
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