Sikoba Token Presale

(new!) Continuous token sale contract

Our "continuous token sale contract" has been deployed at address:

[ 0x4994e81897a920c0fea235eb8cedeed3c6fff697 ]

To contribute, just send Ether (at least ETH 0.01) to that address. Transferable ERC20 compliant tokens will be issued immediately. Tokens for private sale contributors will be issued on Friday, 2 June.

Summary of terms: One presale SKO is now represented as 1,000 SKO1. Contributions are accepted between 01-JUN-2017 and 31-OCT-2017, or until a cap of approximately US$ 400,000 is reached. The number of SKO1 tokens received per 1 ETH sent declines from SKO1 1,650 at period beginning to SKO1 1,200 at period end. More details on github. You can also consult the security audit report - test cases and results are in the test/ subdirectory.

Our commitment for the future: SKO1 will eventually be convertible into SKO, and 1 ETH during the ICO will get at most 1,000 SKO.

Reclaim ETH form the token presale (threshold not reached)

The first token presale has ended on 15 May noon UTC. As the funding threshold was not reached, participants can reclaim their ETH from Ethereum account [ 0x812ade7bc90c34e8b2ca92590e525305c85f2d03 ] - see procedure to reclaim your ETH if you need help with reclaiming.

Private token sale

Some participants of the presale chose to participate in a private token sale, in which we raised ETH 180.99. This has helped us to pay for some presale expenses.

Green paper - being written now (will be re-opened for public comments in June)  } { presale slack channel } { twitter } { interview on Medium } { Coin Interview }

{ contact: Aleksander (Alex) Kampa - +352 691 468 581 Skype:alex.kampa }

Sites mentioning the presale: { Smith + Crown } { Tokeninvestor } { TokenMarket } { Satoshi Fund } { Metacoin } { Bitcoin PR buzz - press release } { Invest It in - review }

Risks and limitations

The Sikoba token presale (”Presale”) is organised by Sikoba Ltd. (”Sikoba”). Sikoba is a company registered in the UK with registration number 10283521. The registered adress is 1 Fore Street, London EC2Y 9DT (previously: 20-22 Wenlock Road, London N1 7GU). The laws of the United Kingdom apply to all aspects of this presale. The official website of Sikoba, as referred to below, is

Sikoba reserves the right, at its discretion, to change, modify, add or remove portions of content under this section by posting the amendments on the Sikoba website. Information presented in this section, or elsewhere in any form or context, does not constitute a solicitation for investment, nor does it pertain, in any way, to an offering of securities or similar, under any definition in any jurisdiction.

The section outlines the Risk and Limitations of Sikoba with regards to its presale of cryptographic tokens (”Sikoba tokens”). The following section applies to purchasers of Sikoba tokens (”Purchasers” collectively, and ”Purchaser” individually). Ownership of Sikoba tokens represent only the right to use a distributed software system (the ”Sikoba network”) and ownership grants no right to claim value from Sikoba Ltd. or the Sikoba network in any way, now or in the future. Ownership of Sikoba tokens does not grant, expressedly or implied, any voting right or rights to capital or similar, in Sikoba or any other entity. Purchasers should have no expectation of influence over Sikoba Ltd. or the Sikoba network. Purchasers expressedly acknowledge and represent that they fully understand all risks, costs and terms which applies to purchasers of Sikoba tokens and agree to be bound by all applicable terms, express or implied, presented on the Sikoba website or in any other medium. Purchasers also represent and warrant, to the extent permitted by law in the United Kingdom that you or any representative are authorised to purchase Sikoba tokens and that you are of legal age, or that you have received permission from a legal guardian who has reviewed and agreed to all applicable terms.

Sikoba does not claim that presale tokens have, or will ever have, any value whatsoever. Sikoba assumes that all purchasers have considered all risks, but not limited to, those presented in this section and to the extent necessary has consulted an lawyer, accountant or tax professional.

You are responsible for your own purchases. You are responsible for conducting your own due diligence to ensure you are acting within any applicable law in your jurisdiction(s). The Purchaser understands that there is no warranty whatsoever on Sikoba tokens, express or implied, to the extent permitted by law, and that tokens are purchased on an ”as is” basis.

By purchasing Sikoba tokens, to the extent permitted by law, you are agreeing not to hold any of the Sikoba parties liable for any losses or any special, incidental or consequential damages arising from, or in any way connected, to the sale of Sikoba tokens, including any losses associated with all risks associated with the technology, specifically but not limited to, of Sikoba tokens.

By purchasing Sikoba tokens, the Purchaser:

Important considerations

Market potential

The Sikoba network aims to operate in the sector of peer-to-peer IOUs, a market with unchartered potential. Purchaser’s acknowledge that there is no guarantee that the market for peer-to-peer IOUs will grow or even exist in the future. Sikoba has no visibility as to when, if ever, the Sikoba tokens might gain acceptance and value.

Time to market

Purchasers acknowledge that any estimation with regards to time to market is an speculative estimation. As the Sikoba network still is in its infancy, the estimation may differ from day to day, as a result of the significant technological hurdles existant as a result of the functionalities the Sikoba network wishes to implement.

Complex operational technology

Purchases of Sikoba tokens should only be undertaken by individuals, entities or companies that have significant experience with, and understanding of the usage, intricacy and complexity of cryptographic tokens and in particular with the storage and transmission mechanisms of such tokens. Purchaser’s will be responsible for managing Ethereum accounts used to participate in the Sikoba token presale. Purchasers acknowledge the inherent operational risks involved in using Ethereum accounts, and the fact that Sikoba will not be able to assist in any way, in case a participant loses access to their Ethereum account.

Failure to launch project

The Purchaser understands that while the Sikoba team will make all reasonable effort to launch the Sikoba network, it is possible that an official completed version of the Sikoba network may not be finished, released or operational. It is also possible that a finished version will be shut down due to a lack of public interest, regulation or any other reason at the discretion of Sikoba Ltd. A failure to launch the Sikoba network, or a lack of public interest, may significantly compromise the value of Sikoba tokens.