SPACOIN

OFFICIAL BOUNTY THREAD

Introduction

The concept of beauty and beauty care has been grasped by human kind for the longest time. In the early time, only with the use of natural herbs, beauty and beauty care was neither of high attention nor effectiveness. In the 21st century, the continuous development of society has made modern women’s demand for beauty increase and still, there’s no sign of cooling down. Together with their tremendous success in professional world, women today have become much more attractive and elegant in their appearance. Capturing that trend, Spa Foundation was officially established Spa foundation is the pioneer organization with its leading role in the beauty industry without the interference of cosmetic surgery in Vietnam, Laos, Cambodia and on its way to conquer the whole Southeast Asian and Asian markets (Myanmar, Thailand). It sets its own target to expand to the worldwide playground in the near future.

The project has been developed continuously for 3 years by the talented and enthusiastic founders. Significant achievements of SPA foundations within 3 years of establishment and development:

Being the biggest SPA chain in Vietnam, Laos, Cambodia with 30 existing branches.
Operating with more than 300 dedicated and professional beauty technicians
Possessing more than 8 types of the most up — to — date beauty technologies
More than 3.000.000 clients have been served and fully satisfied with their chosen services.

Mission

a. Kay Spa Mission: “Bringing robust beauty and confidence to millions of Asian women.”

b. Core values:

Commitment: “Come as you are, leave more beautiful” — delivering the beauty care services with the most advanced methods.
Duty: Improving the quality of Spa worldwide, minimizing costs and expenses, building an ecosystem for global beauty care.
Safety: using natural extract products suitable for all skin types.
Service: customer satisfaction is our first priority.
Community: Creating jobs for thousands of women, connecting clients with various beauty care systems throughout Asia.

Token Distribution

Token sale

The investors can purchase SPA tokens by BTC or ETH

Pre-sale:

Start: 22:00 GMT + 7, November 6th 2017

End: 22:00 GMT + 7, November 12th 2017

Token Exchange Rate: SPA/BTC = 0.00001 (1000 satoshi).

SPA/ETH rates will be updated on the website one time per hour.

Pre-sale token distribution : 40,000,000 SPA tokens.

Crowdsale:

Round 1: 5,000,000 SPA token will be sold every day at 22:00 GMT+ 7. Start: December 12th 2017 End: December 21th 2017 Token Exchange Rate: The price will be announced later, but the price will be higher than the pre-sale at least 20%.

Round 2: 7,500,000 SPA token will be sold every day at 22:00 GMT+7. Start: 22th December 2017 End: 25th December 2017 Token Exchange Rate: The price will be announced later, but the price will be higher than the pre-sale at least 20%. Crowdsale token distribution : 80,000,000 SPA tokens.

Bounties

Bounty campaigns are often organized by individuals, groups or companies who want to promote a certain coin, platforms or services on Bitcointalk. SpaCoin users can assist by advertising on social media channels, or translating the whitepaper, news posts, etc. A total of 5 million Spa token is allocated for the bounty campaign and will be distributed after the ICO has completed and depending on the effectiveness of the campaign which our platform will track.

Funds Distribution

40% Business Development: Our main objectives will focus on building a strong team that entirely concentrate on developing a user platform. In order to accomplish our goals, we will be head-hunting for competent business leaders who have the experience and capability to push the project forward to its full potential. This includes finding a legitimate CEO to spearhead the project as well as to build up a qualified sales team that is capable of putting our best foot forward at beauty care seminars, conferences, fairs, and other events relevant to the beauty care industry.

20% Marketing: Marketing expenses will be used for partnership development and direct consumer marketing. Sales costs will be largely incurred through direct B2B sales.

20% Software and Infrastructure: It is of utmost importance for us to ensure that we perform our tasks with the best technologies in our possible effort and we will have a strong specialized development team in place to ensure that the platform is on the cutting edge of the industry.

20% Contingencies: There are always unforeseen challenges that arise when operating a business and a certain amount of our budget will be allocated to deal with those types of circumstances.