Ardor
$0.10685 6.42%
ARDR · 62w

Frequently Asked Questions Regarding the Upcoming IGNIS ICO (Will Update as More Info is Announced)

**Please refer to [this FAQ](https://nxtwiki.org/wiki/FAQ#IGNIS_Token_Sale_FAQ) for more up-to-date information. For help with navigating through the user interface on the client please refer [here](https://www.youtube.com/watch?v=YJxCW5x9D50)** --- ~~This isn't a full FAQ like what I have over at /r/Nxt, but I decided to create this to address the repeating questions that have been coming up. This week, answering direct messages and other methods have been very time consuming on my part and have slowed things down, among other things. Please note though that I'm not part of Jelurida, the development company, but the Nxt Foundation, which provides support to the community and the projects that run on Nxt and, soon, Ardor. So, if they make a new announcement on their [website](https://www.jelurida.com) or [Twitter account](https://twitter.com/Jelurida) that contradicts what is stated here, please follow what they stated instead as it's probably more recent and I just haven't been able to update this yet. That said, I will be updating this FAQ as soon as possible when I get informed of the announcement. All quotes on this post come directly from the [ICO page](https://www.jelurida.com/ico) at the time this post was last updated. **When will the ICO start?** August 5th this year **Will Ardor and IGNIS still launch in Q3?** With the structure announced in the ICO page, since the Ardor Genesis Snapshot, which is required for Ardor to launch, will not happen until at least 2 weeks after the ICO has ended, which has the latest day of October 14th, Ardor will not launch until early Q4. **What coin will be used for the ICO?** >The token sale itself will be conducted on the Nxt blockchain platform. A "controllable currency" called JLRDA will be issued and offered for sale in several consecutive rounds. The price of the JLRDA tokens will be denominated in NXT and will increase at each round. >Purchasing JLRDA tokens will require NXT, however users will be able to e...
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