Notice on the Start of the Second Phase of ELLA IDO

June 27, 2023, 08:00 (UTC+0)

ELLA will initiate the second phase of its IDO on June 27 at 15:00 (UTC+0). The second phase of the IDO will restrict the amount each address can contribute to 1,000 USDT, in order to ensure the fairest distribution of ELLA Tokens. A total of 225,000,000 ELLA Tokens will be distributed in proportion to user contributions in the second phase. The corresponding ELLA Tokens will be issued uniformly after the conclusion of the second phase of the IDO.

The second phase of the ELLA IDO will be distributed according to the proportion of contributions. The specific rules are as follows:

The total amount is 270,000 USDT, and each address can only contribute 1,000 USDT. ELLA Tokens will be distributed in proportion to the amount each user contributes;

1. The calculation method for ELLA Tokens received from IDO investment: the number of USDT successfully contributed by a user = 270,000 * (user's contribution / total contribution). By dividing this contribution amount by the price, you can obtain the corresponding number of tokens;

2. The USDT that users were unable to successfully invest will be returned to their wallets after the IDO ends, and the successful amounts invested will be matched with the corresponding ELLA Tokens.

3. The second phase of the ELLA IDO will run from June 27 at 15:00 (UTC+0) to June 30 at 15:00 (UTC+0). After the end of the second phase of the IDO, users' USDT and corresponding ELLA Tokens will be distributed in proportion to their contributions.

June 27, 2023