A crypto currency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. Crypto currencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

The IPS-Token is our Utility token. It will operate in a fashion similar to Bitcoin, Ether, or Litecoin. The IPS-Token will be based on Etheruem smart contract. Like any other cryptocurrency, it can be traded, transferred peer to peer (P2P), or exchanged on major cryptoexchanges.

The IPS e-Commerce Portal will be a platform where sellers will be able to post their products and buyers will be able to directly purchase these products from the sellers. Payments will be made in cryptocurrencies.

TokenSale, or Initial coin offering (ICO), is a means of crowdfunding that enables us to issue digital assets (tokens) in exchange of funds received.

Start date: April 16, 2018
End date: May 30, 2018
Number of tokens available: 1,500,000 IPS Tokens
Currency accepted: ETH only
Token exchange rate: 1 ETH = 1,000 IPS
Minimum transaction amount in Ethereum: 0.1 ETH

Yes, following is the bonus structure for early contributors:
Pre-Sale:          40% (April 16 - May 30, 2018)
Pre-ICO:          35% (June 1 - 30, 2018)
ICO, Stage-1:  25%
Stage - 2:        15%
Stage - 3:        05%
Stage - 4:        No Bonus

The minimum transaction amount in Ethereum: 0.100 ETH

Yes, the total number of tokens to be issued in private and crowdfunding stages is 30,000,000, i.e., the 60% of the total supply. The remaining 40% will be reserved for the IPS team, partners, advisors, charity and bountry program. The tokens reserved for IPS team will be locked for 12 months.

Yes, IPS-Token is in compliance with the ERC20 standard and can be stored in any Ethereum wallet supporting this protocol, such as MyEtherWallet, Metamask, Cryptonite, Mist, etc.

Tokens will be sold during Private (Pre-Sale) and Crowdsale (Ico stages) as per schedule given on our website: https://www.ipstoken.io. Investors will be required to register on our website to purchase tokens. We recommend that you do so well in advance. To register click on REGISTER

Investors or Users will have to create an account to participate in the IPS crowdfunding. Please follow these steps to get registered:

1. Go to our Website: https://www.ipstoken.io
2. Click on the REGISTER Tab on the main page or click on the button given below. Register
    Provide your email address and select a password (Minimum 8 letters: at least 1 uppercase, at least 1 lowercase, and at least 1 digit)

3. Check your email to verify that you are the owner of the given email address

4. Once verified, the Registration Form will become available to you. Please fill it out and submit
5. Now, please go to LOGIN tab on the main page or click on the button given here: LOGIN
Note: We will be posting various articles and NEWS that our user will be able to view if logged into their accounts.

IPS-Token will be a payment method for various services. After the TokenSale ends, the token will be available on recognized and well-known cryptocurrency exchanges. Correspondingly, IPS token holders are encouraged to hold on to their IPS tokens, as these will be essential to our exchange loyalty program. For those IPS community members who will purchase at least 5,000 or more IPS tokens the exchange fee will be waived for exchange transactions. More beneficial features will be added for token holders at the time of announcement of IPS-Exchange.

The price of the IPS-Token is set by the market. It will be calculated at the end of each sale period, i.e.,
      a) Within 7 days of the end of the Pre-Sale period; and
      b) Within 8 hours of the end of each ICO stage.

The Market Price for each of the sale periods is calculated by using the following formula:
                     the total ETH contributed by all participants during the sale period
      __________________________________________________________________________________
                          the number of IPS-Token allocated for that sale period

The number of tokens each participant receives is also calculated at the end of each sale period. The number of tokens each participant gets is calculated by using the following formula:
                 the ETH (or ETH equivalent) contributed by the participant during the sale period
     ___________________________________________________________________________________________________
                   the Market Price for that sale period + any bonus tokens to which the participant is entitled

At the beginning, the IPS Wallet will be able to hold more than 10 top cryptocurrencies and these will be directly tradable from and to US$ (e.g., BTC/USD; BCH/USD; ETH/USD). This list will further expand and reach to 50 cryptocurrency within 2 years of the start of cryptoexchange.

Sales receipts through the crowdsale process will be used for:
* Development of a IPS-App, IPS-Exchange, and other products
* Sales and marketing
* Other normal business operations

The mission of IPS is to provide convenient, reliable and effective currency exchange service to IPS community. Security is our top priority. Proper attention will be given to keep the digital assets safe. Our technical team will work 24/7 to keep the IPS System updated with the latest security features.

Yes, IPS tokens are expected to be traded on major exchanges (after announcement).

The IPS-Exchange will be the new and efficient cryptocurrency exchange. It will allow clients to use about 50 of the most common and trusted cryptocurrencies.