Decentraland Whitelist PBoC ruling, individual contribution cap, whitelist registration and participation.
In order to comply with the recent People’s Bank of China’s ruling, which requests that those who held a token launch return funds to Chinese users, we are going to proceed and return the Ether contributed through Chinese platforms to the best of our ability.
The MANA tokens that were sold through these platforms represent 24,500 ETH. This total amount of MANA will be sold through the previously announced whitelist, which will begin on Friday, September 15th, 1 PM GMT. Given the circumstances, we will open up registration to those community members who have not been able to sign up until now. However, in the spirit of guaranteeing access to the original whitelist participants, we are going to limit the number of people that can register to the whitelist.
Individual contribution cap
The whitelist will spread over multiple days, each with an individual contribution cap. We will honor the same ETH/MANA rate used by these platforms (1 ETH = 11,954 MANA), so as to not alter the total MANA supply. On day one, each participant will be able to purchase up to 3.3 ETH worth of MANA tokens. On the second day, up to 10 ETH each; on the third day, 30 ETH; fourth day, 90 ETH; fifth day, 450 ETH; sixth day, 1,500 ETH. The whitelist will finalize once we sell the total MANA allocated, or at the end of the sixth day. Also, it is important to note that those who skip one day are able to participate on subsequent days, as long as the whitelist has not yet ended.
Whitelist registrationYou can check here and see if you have previously registered for our whitelist. If you have received an email confirmation, no further action is required. Please note: this email is only for confirmation purposes. You will not receive an email from Decentraland requesting that you send funds. Also, you will be able to change the whitelisted ETH address you entered starting Monday 11th, on the same URL.If you have not registered but already are a member of our Slack, you will be able to sign up to our whitelist on the same website, starting Monday, September 11th, 1 PM GMT, through Thursday, September 14th, 11:59 PM GMT.If you are not in our Slack and would like to sign up to the whitelist, please first send an email to [email protected] stating that you would like to join our Slack. We will verify your request and send you an invite. Slack registrations will be open from Wednesday 6th, 1 PM GMT, through Thursday 14th, 11 PM GMT, or until we fill the whitelist. Once you are part of our Slack, you can follow the instructions in point 2, above.
How will those who sign up to the whitelist participate? The only way will be to send funds directly to our smart contract address. You may use ETH wallets such as imToken, MetaMask, MyEtherWallet, or the official Ethereum wallet. We will make the contract address public on our Twitter account and website on September 15th. Once more, beware of phishing URLs, fake domains and emails from non-trusted parties.
We appreciate the community’s patience, understanding, and overwhelming support as we continue to build Decentraland into a truly shared, decentralized virtual reality world.
The Decentraland Team