PHI Token, the first wealth management marketplace that combines traditional finance and the crypto world, has announced an exclusive partnership with us to launch a utility token sale.
PHI Token PRE-ICO
Held exclusively by Eidoo, the PHI token pre-ICO will start on March 3th at 8 a.m. CET 2018, and it will end on March 8th at 8 a.m. or when the pre-ICO hard cap of 3,524,578 PHI will be reached.
For the pre-ICO, the PHI token price will be 1,27824$ (21% discount compared to ICO price).
PHI Token ICO
Then, on March 8th at 1 p.m., the Phi Token ICO will start with a price of $1,61803.
It will last until March 13rd or when the ICO hard cap of 1’493542 PHI will be reached.
KYC Process
To participate in the PHI Token ICO, you need to be verified on our ICO Engine website first.
If you have already registered your KYC on our website, you don’t need to do it again.
In fact, this KYC process will be the same for all ICOs we organize and for all Eidoo services, with no limits of time.
This means that you will need to complete this KYC process only once.
For this ICO, you will need Tier 1 only for all amount.
Please note: Chinese and U.S. citizens won’t be able to join ICOs.
After completing the KYC process, you need to download the Eidoo app to be able to send your ETH to the PHI token team.
Read here how to complete the KYC process: Italian guide; English guide.
About PHI Token
PHI (Platform for Hybrid Investment) aims at creating the first platform for investors who want to diversify their funds into any vehicle class — including cryptocurrencies — managing everything through a single interface.
The several managers who will offer their services through the PHI platform will be rated by users to evaluate their performance.
PHI tokens will be exploited by managers for the use of the platform through a form of Proof of Stake and used by users for payment of services with a 30% discount if paid in PHI instead of other currencies.
Also, the 15% of the performance fee income collected by the PHI platform and 50% of the annual tax reimbursement provided by the Maltese legislation will be earmarked for the purchase of PHI tokens on exchanges to be later destroyed.
The company behind PHI, Diaman, has been working for 16 years in the financial consulting field, with some of its management teams having a successful track record for the last 15 years and this ensure that the company has a just working revenue stream.
Some example of the financial software that will be propose in the PHI platform is www.irating.it and www.ex-ante.it, the first one just ready for the freemium version and the credits that will be sostitute by PHI Token once the Token Generation Event take place on 5th April.
The PHI platform will allow you to choose different managers or consultants, different depository banks, offering a complete overview of all the existing financial instruments, including digital currencies.
The difference with other crypto related project is the use of the blockchain for improve the transparency and security in the financial field and the use of the PHI Token to reduce the cost of distribution; so the PHI Token is related to a business model only partially involved in crypto investment and this feature give a greater stability to the project itself.