Questions about Space Impulse and Plasma
Space Impulse is a marketplace for the procurement of products and services from suppliers in the Space sector.
Currently procurement processes are generally lengthy and inflexible. Through our marketplace, customers get easy access to a wide variety of suppliers and seamlessly manage the purchasing process.
Plasma (SPI) is a utility token based on the ERC20 standard. All transactions on the Space Impulse marketplace will be carried out in Plasma.
The Plasma token will be freely tradable on major exchanges and is fully compatible with the most popular Etherium wallets supporting ERC20 tokens.
A utility token is a functional token that through smart contracts, can be used in many different ways. In the case of the Plasma token, it can be used to pay for products and services within the Space Impulse marketplace as well as to enjoy reduced payment fees in the platform.
Using our own token gives us major advantages, specifically the mechanics of the platform itself, as with SPI we can eliminate transaction fees entirely. If we used Etherium or Bitcoin, we would be just another service accepting payment in cryptocurrency. With our own token, we become a proper marketplace with no middleman and instant validation.
The SPI token is issued on the Ethereum Platform. However, on later stage, as per our roadmap, we will migrate all tokens to our own blockchain.
YES. You can check all our progress in our GitLab public repository.
Questions about the Token Sale
The price per SPI token is 0.00015 ETH during the pre-sale and 0.00020 ETH during the ICO.
For the payment, all you need is a personal BTC or ETH wallet. Please do not send BTC or ETH directly from exchange wallet addresses.
To receive the tokens, you will need an Etherium wallet compatible with ERC20 tokens.
By restricting the ability to purchase Plasma tokens using only BTC and ETH, the most established and popular cryptocurrencies, we increase greatly the security of the ICO.
To participate in the token pre-sale, the minimum purchase amount is 0.15 ETH or 0.015 BTC.
To participate in the general token sale, the minimum purchase amount is 0.01 ETH or 0.001 BTC.
There is no maximum purchase cap at this time.
The maximum total supply of SPI tokens is 246,000,000.
50% of the maximum token supply, i.e. 123,000,000 SPI. Of which, up to 5% are allocated for the pre-sale and the remaining 45% for the ICO.
All tokens unsold during the Token Sale will be burned.
The Soft Cap for the Space Impulse ICO is 1,500 ETH, while the Hard Cap is 24,000 ETH.
If the Hard Cap is reached before the end of the ICO, the token sale will be deemed complete.
If the Soft Cap is not met, all funds will be returned to the investors at the conclusion of the token sale.
As soon as the Soft Cap is reached, the token sale will be deemed successful as the project will be considered sufficiently funded to take off. The team will start using part of the contributions to speed up the development of the project as specified in the ICO funds distribution.
The tokens will be automatically sent to you as soon as your purchase is confirmed. They will be visible in your ERC20 wallet but will not be transferrable until the token sale has ended.
NO! Please do NOT send Ether, BTC, or any other cryptocurrency or token from any exchange wallet address (like Coinbase or Binance). You will NOT receive your tokens and you will lose any funds sent from an exchange wallet.
YES. SPI tokens will be initially tradeable on at least one exchange that will be announced at a later stage. We will regularly communicate any new listing via our newsletter.
Refunds are not possible, but in the future, you will be able to trade Plasma tokens on exchanges for other cryptocurrencies and fiat currencies.
Yes. Plasma tokens allocated to the team and advisors will have a 1-year lockup and vest in the following 2 years after the ICO.
The Plasma token is a utility token for the development of, and use in the Space Impulse marketplace. Plasma tokens are NOT stocks or any other investments instruments or securities and should not under any circumstances be considered as such. A Plasma token is NOT a share, stake, debt, security, or equivalent rights, including, but not limited to all future profits, shares, and intellectual property rights of Space Impulse that might receive future revenue. The Plasma token does NOT represent any voting or governance rights to the development, operations, ownership, and decision process of Space Impulse. For more information, please refer to our Token Sale Terms document.
The laws surrounding ICOs are constantly changing. You will need to ensure you are complying with the relevant laws and regulations of your own country before participating in the token sale.
You can freely inspect our Smart Contracts here:
SPI token contract:
Token sale contract:
Questions about the Plasma Token
You will receive and store your Plasma tokens in any Ethereum wallet supporting ERC20 tokens. At present, you cannot store the tokens on any exchange-based wallet.
If you cannot see your Plasma tokens in your wallet, please add a custom token to your wallet, using the following parameters:
Token Contract Address: 0x896029f4e13e6D62ba0D97fb5B16110fcA132C14
Token Symbol: SPI
No. SPI tokens run on the Ethereum blockchain, so they don't need to be mined.
Not at this moment, but we have allocated a percentage of SPI tokens for our bounties program which will be announced in the future.
Initial Coin Offerings (ICOs) and Token Sales have many inherent risks. As with any investments, you should thoroughly research, perform your own due diligence and consider consultation with a professional or financial advisor.
We use the most secure encryption standards available to protect all of our user data.
On your end, make sure that you use unique passwords for each account you have and keep these passwords safe. Never give your private data to anyone, Space Impulse will never request your password or anything of that nature. The Space Impulse team and moderators will never request you to send them directly any money or cryptocurrency. If someone contacts you directly asking anything of that nature it's almost certainly a scam.
Know Your Customer (KYC)/Anti Money Laundering (AML) is a universal standard required to ensure the legitimacy of our customers and the origin of their funds. We need to make sure anyone purchasing our tokens is using his/her own, legally obtained funds to rule out any kind of illegal activity or fraud.
For our KYC/AML process, we require a selfie with a valid photo ID issued by a government, proof of address or residence, and sometimes other documentation depending on the situation. The participants’ personal information and identity proofs are then computed and compared to a legal database.
Please let us know if you have any question about this process. Contact form
Interested parties are invited to review the team section of the Space Impulse Website.
You can reach us through our contact form or via our social media.
Space Impulse OÜ is a registered company in Estonia with registration number 50098410.
The company’s address is Narva mnt 5, Tallinn 10117, Estonia.