The ether to US dollar ratio is fixed at crowdsale launch moment and remains unchanged during the entire crowdsale period.
There is special offer for early birds:
- 120 BRAIN per US$1 during first day of crowdsale
- 110 BRAIN per US$1 during first week of crowdsale
Crowdsale is successful upon collecting the fund equivalent to minimum US$4,350,000, excluding Pre-ICO fund. If collected funds are less than the minimal threshold, it is to be returned to token holders withholding commission and overhead costs.
Funds collected on crowdsale is to be spent on Project Stages processing according Section 6.
When the crowdsale period is over, NeuroProtect smart contract issues Team tokens. These tokens differ from usual tokens and may be used only for project control purposes, they can't be burned, sold, alienate or back exchanged. Team tokens allow only to appraise Project stages result. Amount of Team tokens is 10% of total BRAIN token issue. Further ether receiving and BRAIN tokens issuing are not provided.
Number of processed Project Stages depends on funds collected during crowdsale. Project Stages correspond to drug development stages according to Good Clinical Practice (GCP) standard. So each successful stage completion corresponds to the product's new level of acceptance as medicine.