XBG Presale FAQ
What is the XBG Presale start and end date?
The XBG Presale opens on the 25th of April at noon UTC for Prometheus Chestplate NFT holders and on the 26th of April at noon UTC for XCode holders. The XBG Presale will remain open for 7 days or until the $10M hard cap is reached.
Where will the XBG Presale be available?
The XBG Presale will be hosted on https://presale.xborg.com only.
How can I participate in the XBG Presale?
There are only two ways to get access to the XBG Presale.
Own a Prometheus Chestplate NFT. The Prometheus Chestplate NFT grants a maximum allocation of $10'000, a discount of 20% on the final XBG price and a 24 hour early access. The Prometheus Chestplate NFT can be bought here. At the time of writing this FAQ, the price is around $300. Keep in mind that the Prometheus Chestplate NFT allocations compound, meaning that holding 2 Chestplate NFTs grants you a max allocation of $20'000. However, the price discount does not compound.
Own an XCode. An XCode is a unique code that grants you access to a $5'000 allocation and a discount of 10% on the final XBG price. The number of XCodes available is limited. There are different ways you can obtain an XCode (XCode allocations don't compound and don't apply if you own a Prometheus Chestplate NFT):
Pre-register your wallet at https://presale.xborg.com. About 30% of all registered wallets will be given an XCode. XCodes will be sent by email.
Win a partner community or creator XCode giveaway.
Be an active member of our community. Join our Discord here https://discord.com/invite/xborg, support us and you may receive an XCode.
Please note that you can't add a Prometheus Chestplate and XCode bonus to the same wallet.
Without an XCode or Prometheus Chestplate NFT, you can't participate in the XBG Presale.
The XBG Presale is also gated by a KYC process, which can be completed at https://presale.xborg.com/kyc. The KYC process will be available until 7 days after the XBG Presale ends.
What is the target raise, max raise and demand for XBG?
The target raise amount is $5'000'000. The raise limit is $10'000'000. The current amount of interest is more than $20'000'000. More information can be found here: https://presale.xborg.com/analytics.
Where can I complete the KYC process? What are the restricted jurisdictions?
The KYC process can be completed here: https://presale.xborg.com/kyc. We use Onfido as our KYC partner. Restricted jurisdictions: United States, Cuba, Iran, North Korea, Russia, Syria, Belarus, Burma, Central African Republic, Congo, Ethiopia, Hong Kong, Iraq, Lebanon, Libya, Sudan, Venezuela, Yemen, Zimbabwe, and occupied regions of Ukraine.
What's the minimum and maximum investment caps for the presale?
It depends on whether you hold an XCode or a Prometheus Chestplate NFT.
Prometheus Chestplate NFT: Minimum investment: $100; Maximum investment: $10'000 per NFT. XCode: Minimum investment: $100; Maximum investment: $5'000.
What is the XBG Presale price?
The final valuation is dynamic and based on the total amount raised. The token price can be found below for both Chestplate and XCode holders. The total supply of XBG is 1B. To calculate the implied fully diluted valuation, multiply the token price by 1 billion. Prometheus Chestplate holders get a 20% discount and XCode holders get a 10% discount on the final XBG price.
up to $5'000'000 raised
XBG price: $0.1
$6'000'000 raised
XBG price: $0.12
$7'000'000 raised
XBG price: $0.14
$8'000'000 raised
XBG price: $0.16
$9'000'000 raised
XBG price: $0.18
$10'000'000 raised
XBG price: $0.2
Are there discounts to the XBG Presale price?
Yes,
XCodes - 10% discount
Chestplate NFT - 20% discount
How will the proceeds of the XBG Presale be used?
We aim to raise $5m in the XBG Presale. Out of the $5m:
$1m goes towards listing fees/security deposits on Tier 1 exchanges
$1m goes towards liquidity
$1m goes towards growth/marketing
$2m goes towards new and current key hires
What were the previous investment rounds?
Pre-seed round - $1m raised, token price $0.025, 1y cliff, 3y vesting, 0% unlocked at TGE.
Seed round - $2m raised, token price $0.045-0.05, 6m cliff, 18m vesting, 10% unlocked at TGE.
How does the referral system work?
Once you've registered your wallet, you can view your referral code. It looks like: http://presale.xborg.com/register?ref=XBG-25BBB445
When another wallet registers with your code, you will earn 5% of what's committed by the wallet in the presale.
The referral fee will be paid in USDC on the polygon network within 14 days after the XBG Presale ends.
What are the vesting terms?
15% released at TGE and 15-month linear vesting. This means that as an investor, you will receive 15% of your tokens at the time of the token listing on exchanges and the remainder of the tokens (85%) will vest linearly for 15 months. The tokens will be claimable daily.
With which currency and on which network can I contribute to the XBG Presale?
USDC on both the Polygon and Ethereum networks.
If you want to invest on Ethereum, you will also need some $ETH to cover the transaction fees.
If you want to invest on the Polygon network, you will also need some $MATIC to cover the transaction fees.
When is the TGE and on which exchanges are you launching the XBG token?
The TGE will occur very shortly after the XBG Presale. We can't announce where the XBG token will be listed.
Will there be a public sale?
No. However, please note that a launch pool might happen on a Tier 1 exchange. We can't communicate further.
Can I use my SwissBorg wallet for the XBG Presale?
No, you need to register and commit capital from a non-custodial wallet like Metamask. Closer to the presale, a YouTube tutorial will be made available.
Are there guaranteed allocations?
No, as the XBG Presale is limited to a $10M max raise, allocations are FCFS (First Come First Served). However please note that Prometheus Chestplate NFT holders have access to the sale 24 hours in advance (On the 25th of April) whilst XCode holders have access to the sale on the 26th of April.
I have invested, where can I claim my tokens?
The claim portal will be made available right before exchange listing at: https://presale.xborg.com/claim
Factsheet
Start and end date
Prometheus Chestplate NFT holders: 25th of April at noon UTC - 2nd of May at noon UTC or $10M max raise reached.
XCode holders: 26th of April at noon UTC - 2nd of May at noon UTC or $10M max raise reached.
Presale eligibility
Prometheus Chestplate NFT holders: $10'000 allocation and 20% price discount
XCode holders: $5'000 allocation and 10% price discount
You can purchase a Prometheus Chestplate NFT here.
The KYC process is mandatory, complete the KYC process here. The KYC process has to be completed a maximum of 7 days after the XBG Presale ends. This means that investors can commit capital before completing the KYC process.
Restricted jurisdictions: United States, Cuba, Iran, North Korea, Russia, Syria, Belarus, Burma, Central African Republic, Congo, Ethiopia, Hong Kong, Iraq, Lebanon, Libya, Sudan, Venezuela, Yemen, Zimbabwe.
Official links
Register: https://presale.xborg.com/register
KYC portal: https://presale.xborg.com/kyc
Presale: https://presale.xborg.com
Claim portal: https://presale.xborg.com/claim (Not live yet)
XBG Presale token price
The final valuation is dynamic and based on the total amount raised. The token price can be found below for both Prometheus Chestplate NFT and XCode holders. The total supply of XBG is $1B. To calculate the implied fully diluted valuation, multiply the token price by 1 billion.
up to $5'000'000 raised
Chestplate NFT holders price: $0.08
XCode holders price: $0.09
$6'000'000 raised
Chestplate NFT holders price: $0.096
XCode holders price: $0.108
$7'000'000 raised
Chestplate NFT holders price: $0.112
XCode holders price: $0.126
$8'000'000 raised
Chestplate NFT holders price: $0.128
XCode holders price: $0.144
$9'000'000 raised
Chestplate NFT holders price: $0.144
XCode holders price: $0.162
$10'000'000 raised
Chestplate NFT holders price: $0.16
XCode holders price: $0.18
Vesting terms
15% released at TGE, 15m linear vesting. This means that as an investor, you will receive 15% of your tokens at the time of the exchange listing and the remainder of the tokens (85%) will vest linearly for 15 months.
Minimum and maximum investment
Prometheus Chestplate NFT holders: Min $100; Max $10'000
XCode holders: Min $100; Max $5'000
The NFT allocations compound, meaning that owning 2 NFTs grants you a max allocation of $20'000.
Network and currency
Investors can invest with USDC on both the Polygon and Ethereum Network.
USDC on the Polygon network. Official USDC contract address:
0x3c499c542cEF5E3811e1192ce70d8cC03d5c3359
USDC on the Ethereum network. Official USDC contract address:
0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
Referral program
Once you've pre-registered your wallet, you can view your referral code here https://presale.xborg.com. It looks like: http://presale.xborg.com/register?ref=XBG-25BBB445
When another wallet registers with your code, you will earn 5% of what's committed by the wallet in the presale.
The referral fee will be paid in USDC on the polygon network within 14 days after the presale ends.
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