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CLAP Public Sale FAQ

When and where can I buy CLAP?

You will be allowed to buy CLAP during two sales: a Flash and a Public Sale. Here are the terms of each of them:
Flash Sale and Public Sale details
* Please note that we reserve the right to modify this rate before the sale in the vent that ADA volatility alters our forecasts significantly
** This amount may vary depending on the current ADA price.

What currency can be used to invest?

You can buy CLAP during the sales with ADA. If you want to go through other crypto or fiat currency, you can contact us at [email protected] We will put you in touch with regulated broker and exchange partners.

What is the CLAP Token Sale price?

We are selling our CLAP in exchange for ADA with the ratio: 1 ADA <-> 30 CLAP*
Note that there is a 20% discount on the Flash Sale where 1 ADA will be worth 36 CLAP*!
* Please note that we reserve the right to modify this rate before the sale in the vent that ADA volatility alters our forecasts significantly

Is there a maximum/minimum to invest in the ICO? If yes, how much?

Yes we defined a min and a max cap to allow as many people as possible to participate!
Min cap: 200 ADA* Max cap: 50K ADA*
* Please note that we reserve the right to modify this rate before the sale in the event that ADA volatility alters our forecasts significantly

How many CLAP tokens are allocated to the rounds of Public Token Sale?

200 000 000 CLAP tokens will be sold during the ICO and will be immediately circulating.
These 200M circulating tokens will be sold in two sales:
  • 40M in Flash Sale
  • 160M in Public Sale

What if there are still tokens remaining after the rounds?

The remaining tokens will be burned. This will rarefy CLAP tokens and enhance its value.

Will the tokens bought in private and public sale be locked? If yes, how long?

CLAP tokens sold during public sale won’t be locked, they will be immediately circulating. On the other hand, those sold in private sale will be initially locked with a 50 % release every 6 months. (Please check Vesting Periods question for further details)
To be announced.

What is KYC and why do I have to complete it?

KYC, or Know Your Customer, is the procedure that companies carry out to verify the identity of their customers in accordance with legal requirements and regulations.
We operate in a French territoriality and in a global financial framework that requires us to respect these procedures in particular:
  • the regulatory framework for issuing a token (French PACTE law)
  • the international Anti Money Laundering (AML) procedure

What is the start and end date for KYC registration?

To be announced! Stay tuned!

What should I do if I have any issues with KYC registration?

First of all, you can verify if you are from a country allowed to participate in the ICO in the Terms and Conditions of Cardashift: https://cardashift.com/terms.pdf (bottom of p.3). If you did not find, please do not hesitate to reach us through our email address: [email protected]

What countries can people participate from? Can people from the United States of America participate in the token sale?

Please check the list of countries allowed to participate from in the Terms & Conditions here: https://cardashift.com/terms.pdf