Post Accelerator Period “The three great essentials to achieve anything worthwhile are, first, hard work; second, stick- to-itiveness; third, common sense.” - Thomas A. Edison • After the incubation period of the event, the startups continue to evolve their prototype product into a functioning business by developing more features and presenting the user base with a product roadmap. • It’s important to state that is not claiming any rights over the startups coming out from the Virtual Accelerator. The blockchain presence of the startups is completely under the control of their executive team. • The startup will be allowed to initiate 5X more tokens immediately after the event is over. Where X is the number of tokens sold during the hackathon event. The tokens will be available to the general public directly for Ether. Tokens purchased in the second phase of the crowdfund will not come with preferred voting rights. • The voting rights that early adopters have been given for HKG tokens acquired during the Virtual Accelerator will grant some control over the spending of funds and in very extreme cases changing the executive leaders. [see Blockchain Presence section] • Collected HKG volatility - Startups can exchange their HKG tokens for leading cryptocurrencies whether that is Ether or Bitcoin. This process will be made gradual to encourage startups to continue their own kickstarter process, promoting the remainder of their tokens for sale. The HKG volatility of the tokens will be structured as follows: • 2 months after the event is finished, 50% of the HKG amount will be released. • 3rd month will be linear monotonic release of the last 50% of the HKG tokens: 0.03 * 0.5 * (HKG collected).

hack.ether.camp - Page 13 hack.ether.camp Page 12 Page 14