The first hour of the sale will be a Power Hour. At this time, tokens will be available at a rate of750 GGS to 1 ETH. Then the rate will change to650 GGS to 1 ETH. Every week, the rate will decrease linearly until it hits500 GGS to 1 ETH.
The token sale will have a hard cap that, when reached, will immediately disable additional sales. The cap will be measured in Ether and set in the token sale smart contract to a value approximately equal to $6 million USD based on the ETH/USD price at the start of the token sale.
The Gilgam.es Token initial distribution will be in the form of a pre-sale. Anyone will be able to acquire GGS at a discount rate by pledging ETH into the token sale smart contract. People who have other cryptocurrencies such as ETC, BTC or XRP can create GGS via a third-party conversion service that will be available on the pre-sale page. The sale will last four weeks from20/06/2017 to20/07/2017 . These dates are approximate, as the actual start and end time will correspond to Ethereum block numbers.