The GLU utility tokens are to be used on the Gluon platform. The Gluon platform is an automotive ecosystem that was borne out of astute innovation. It is used for vehicle monitoring, diagnostics, software optimization, ecommerce and payments platform. GLU is a utility token for use within the Gluon platform. It is transferable. During this presale, there is a 100% bonus available to everyone who purchase the GLU tokens this period.
How to buy GLU tokens
In order to purchase GLU during the Sale Period, and to receive the GLU you purchase, you must have an Ethereum wallet that supports the ERC20 token standard. Company will publish an address for the GLU sale via www.glutoken.com. To initiate a purchase of GLU, you must send an amount of Ether to the Smart Contract System located on the Ethereum blockchain pursuant to the instructions at www.gluon.com.
The possession of a GLU utility token does not confer any more benefits than to use them as a way to obtain the services that are available on the Gluon platform. It will also help to enable usage in the platform when it is completed and launched.
GLU is especially out to help improve the user interface by creating an App. However, the app will be released and made available for download once it gets past the testing phase. “We will release the Android app once it clears beta testing hopefully by end of Summer. The app is currently being tested by Gluon dealers and beta testers”.
GLU Token Sale Information
GLU Token is the official token for the Gluon Platform. Visit www.Gluon.com for more information about the Gluon Platform. Estimated token value in ETH offered in this token sale: 245,993.59 ETH, (subject to variations thru the crowdsale). 200 million (200,000,000) total tokens created, of which 62.5% will be sold in the token sale (presale + public token sale).
First, the GLU company will carry out a pre-sale on August 7th, 2017. This pre-sale will be made before the main sale period begins. However, the public sale will continue until any of these two (2) happens, whichever comes first:
(a) All 125,000,000 GLU Tokens have been sold or 245,993.59 ETH has been received by Company or (b) 11:59 pm, PST on September 18, 2017, whichever is earlier.
However, 37.5% of GLU tokens remain at the Company for market seeding, user incentives, salaries and bonuses. This is to endure that some non sold tokens remained unburned. Hence not all the offered tokens would remain at the company for future use.
From now, no tokens will be added to the supply. And there will be no minimum ETH amount Ethereum ERC20 token ETH is accepted in this token sale. This token sale is unlimited.
Don’t miss the sale. Log on to https://www.glutoken.com/ and get your GLU tokens.