Catalyst Sales is an innovation launched by BTS that gives users the opportunity to receive bonus tokens to encourage them to learn more about and try out the token issuer’s network.
The sale will open at 10am UTC on 27 August. The sale is extremely limited, with less than 0.09% of the total FET ever in existence available during the sale. When the sale opens, 1 million FET tokens will be sold at the spot price, with successful contributors receiving an additional FET bonus of 50%. The bonus tokens will be distributed in four equal tranches on 6 September, 16 September, 26 September and 6 October respectively.
You don’t need to have a verified Bitfinex account, but you will need to complete KYC verification to be eligible to purchase tokens offered in the sale. Please make sure you complete verification in plenty of time before the sale starts. Verification takes time to complete and we anticipate that the Fetch.ai Catalyst Sale will sell out quickly. For step-by-step instructions on how to participate in the sale, please visit: https://tokensales.bitfinex.com/help/purchase
All FET based trading pairs will also be eligible for 0% maker fees on Bitfinex until 18 February 2021.