BRIL is issued on the Polygon blockchain based on the ERC20 standard and is classified as a “Type 1 Crypto Asset”' under Article 2, Paragraph 5, Item 1 of the Payment Service Act according to Japanese law. The sale of BRIL is planned to take place on the “Coincheck IEO” platform operated by Coincheck. Details can be found in the “Overview of Token Sale (IEO)” below. The usage status of funds raised through IEO will be periodically disclosed on the issuer's website.
Token Sale and Utilization Plan
IEO Overview
Overview of Token Sale (IEO)
| Token Name | Brilliantcrypto Token |
| Issuer | Brilliantcrypto, Inc. |
| Ticker | BRIL |
| Token Standard | ERC20 |
| Legal Positioning | “Type 1 Crypto Asset”' under Article 2, Paragraph 5, Item 1 of the Payment Service Act according to Japanese law. |
| Max Supply | 1,000,000,000 |
| IEO Sales Volume | 70,000,000 (7.0％ of total supply) |
| IEO Operator | Coincheck IEO (Operated by Coincheck, Inc.) |
| Sales Method | Initial Exchange Offering (IEO) *For more details, please refer to the Coincheck website. |
| Eligible Purchasers | Users who have applied through “Coincheck IEO” (Coincheck account registration is required) |
| Schedule |
05/27: Start of purchase application 06/10: End of purchase application 06/11~06/12: Raffle results and distribution of BRIL tokens 06/17: Scheduled start date of trading of BRIL tokens on Coincheck |