Welcome to another article.
This time we will answer the most frequently asked questions by our community.
Which chain are we on?
$GNOX token is built on BNB chain also known as Binance Smart Chain (BSC).
When does the presale start?
The presale will go through two phases. Phase #1 will start on 12/May/2022 and will end on 12/June/2022, while phase #2 will start on 12/Jun/2022 and will end on 12/Jul/2022.
What is the total amount of tokens available for presale?
2.750b tokens, 1.375b for presale phase #1, and 1.375b for presale phase #2.
What is the presale price for $GNOX token?
In both phases of the presale, the token price will be 0.0152$.
Do I have to make a purchase to be able to use my referral link and earn a bonus?
No, you don’t. You can refer your friends without making a purchase of your own.
What is the referral system everyone is talking about?
The referral system provides users with an extra incentive to share our project with others. You can invite a friend or two and receive a portion of their investment in $GNOX tokens for an extra bonus to your current or newly earned position. Maybe you are an influencer who wants to take your earnings to the next level. Either way, the Gnox Referral Program has something for everyone. Currently, the bonus provided is 10% of the investment in $GNOX tokens from anyone who uses your referral link. The referred individual will also receive an extra 10% of their investment in Gnox tokens. Talk about a win-win situation!
Where do the referral and purchase bonuses come from?
These come from the total supply of $GNOX tokens. No new tokens are ever minted.
Is there a tax on buying and selling after launch?
Yes, there is a 10% tax on buying and selling. You may find the tax breakdown below:
1% of every transaction is redistributed to holders in $GNOX, which is automatically paid every 60 Minutes.
1% of every transaction is transferred into a Liquidity Pool for Pancakeswap to create a stable price floor.
2% of all transactions are dedicated to marketing efforts to create a consistent flow of new users and token price appreciation.
6% of every transaction is transferred into the DeFi Treasury.
July 18th, 2022 on Pancakeswap.
What is the launch price for $GNOX token??
This is dynamic and can and will change depending on how many presale tokens are sold in total. For example, if only half of the presale tokens are sold, the starting price will be less than if 100% of the tokens were sold. Any unsold presale tokens will be burned before launch.
In which crypto currency may I participate in the presale rounds?
The presale will run exclusively on the BSC chain, however, contributions can be made with,
May I use a CEX such as Binance, Kraken, Coinbase, Bitfinex etc. to make the purchase of the presale?
Yes, you may. But you will need a hot-wallet like MyEtherWallet, MetaMask, Trust wallet, Mist wallets etc. to receive Gnox tokens. You cannot receive your Gnox tokens to any CEX.
I wanted to purchase $GNOX tokens with 1k BUSD, but I sent a different amount, now what?
In case you send a different amount, the number of $GNOX tokens received will update accordingly.
Why are there no tokens visible in my wallet, although my payment went successfully through?
Tokens will appear in your account after payment is successfully made and approved by our team. Please note that $GNOX tokens will be distributed after the token sales end date.
What is the vesting schedule for presale tokens?
There will be no vesting period, all unlocked at launch day.
What are the hard and soft caps for both presales?
None. The total amount raised will dictate starting liquidity.
How can I ensure my funds are safe?
Gnox has completed the KYC process with Soken.io. You may view our KYC certificate from here, and you may also view the Soken tweet from here. Gnox will also have a smart contract audit performed during presale phase one provided by yet another high-level 3rd party provider. Finally, our DeFi treasury wallet will be a publicly visible Multi-Sig wallet that can be viewed at any time. Our team is highly engaged with the community and is always available to be reached directly if needed.
Thank you for reading, and we will have more FAQ added later on.
See you on the moon!