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How to participate in ComedyPlay Private Token Swap

Below are a few instructions on how to participate in our upcoming private token swap scheduled for the 29th to the 31st of May.

Step 1;

Read our private swap terms and conditions thoroughly.

Step 2;

Register to join our private swap by logging onto; https://mycomedyplay.com/join-the-private-sale/

On this form, you will have to enter your name, country of residence, email address, amount of Ether (ETH) intended to be swapped for CCP Tokens, and your ERC 20 compatible ETH Wallet Address.

Step 3;

24 to 48 hours before the start of the private swap on the 29th of May, 2018, you will receive an email with the details of our smart contract ETH Wallet address to which you will be sending your pledged amount of ETH and your ERC 20 compatible Wallet Address will be credited with a corresponding amount of CCP tokens within 24 hours of your contribution.

DO NOT PARTICIPATE IN THE PRIVATE SWAP USING ETH ADDRESS FROM A CRYPTOCURRENCY EXCHANGE. YOU NEED AN ERC 20 TOKEN COMPATIBLE ETHEREUM WALLET. This is because CCP Tokens are ERC 20 compatible. For the list of compatible wallets please see below.

The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard):

The following hardware wallets are also known to be compatible with Ethereum tokens

Incompatible wallets

Do not use the following wallets to participate ComedyPlay Private Token Swap. First move your ETH to a compatible wallet in the above list:

  • Any Bitcoin exchange
  • Any Ethereum exchange
  • Jaxx
  • Exodus
  • Coinbase
  • Poloniex
  • Kraken
  • Bitstamp
  • Bitfinex
  • Bitrexx
  • Cex.io

MyEtherWallet: Example how to participate in our private token swap

To participate in ComedyPlay Token Swap you need to fill your transaction with following details

  • Address – this will be given to you by email 24 to 48 hours before the start of the private token swap.
  • Data – this is your personal reference number and it changes for every transaction. Do not share this with others. If you leave data field out your transaction is rejected. You need to click Advanced options to see this.
  • Gas limit: 250600 – gas tells that this is a smart contract transaction and is more expensive than normal Ether transfer. Note: Double check your the gas limit field value after filling Data field. MyEtherWallet may reset the gas value to an invalid number after inputting the data field.
  • Amount Fill in the Amount how many Ethers you wish to send, usually in a range 0.5 – 1000 ETH

Please contact us info@mycomedyplay.com if you are having any challenges.

How To Participate in a Token Swap

The first requirement to participate in an TOKEN SWAP event is the ownership of cryptocurrencies. Start by register-ing an account on a digital currency exchange. The next step is to load fiat currency such as USD, EUR, or Yen, in your account, and purchase the desired cryptocurrency, Ethereum (ETH). After the purchase, you can store your digital currency in a web wallet or choose a hardware cryptocurrency wallet.

At the time of an TOKEN SWAP, start by carefully understanding the TOKEN SWAP agreement, which includes the details such as target price per coin, timeline, and other rules governing the transaction. Every company recommends specific wallets for the transaction, so go ahead and download the wallet. The norm is for TOKEN SWAP projects to provide a receiving wallet address on the TOKEN SWAP web page that people can send their contributions to. Investors are encouraged to send any amount they are comfortable with provided it corresponds with the price per project token. The project team then in-turn delivers corresponding token amounts to the investor’s wallet. The tokens can be stored on web, mobile, or hardware cryptocurrency wallet.

The key takeaway is to understand the offerings up front and read the industry outlook of every project before investing.

Find out the risks and benefits of the project, and do due diligence before investing any amount of money.

Credit; ICOWatchlist.com

What is a Private Swap?

This is a different event designed to raise money for your whole ICO or swap campaign and products. This event is usually run or executed much earlier than the main swap or ICO events.

Private Swap is usually an activity of founders and their advisers when they show and pitch projects to crypto funds, VCs, angel investors or the larger community. It is an initial amount of funds raised, which is usually used to fund your pre token swap campaign. For instance, some project Token Sale do reserve about 30% of tokens for private investors. At this point, Institutional investors are able to ask for biggest discount, for example they ask for 50% if crowd sale starts from 35%.

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