Hacker Gold "Money never starts an idea; it is the idea that starts the money." - William J. Cameron Hacker Gold (HKG) is the official token of the Virtual Accelerator. HKG allows anyone to be involved and signify their appreciation of the best projects participating in the event. HKG allows you to acquire tokens initiated by the individual startups during the incubation period of the hackathon. Having these tokens, in turn, provides you with preferred voting rights on the way that funds are used to develop the applicable startup’s idea. Startups’ tokens issued after the hackathon do not come with preferred voting rights. The amount of HKG collected by an individual team is a de facto crowd expression of the perceived potential of the project. As such, it provides a baseline for future crowdfunding by the team once the hackathon is over. The teams who collect the most HKG will have the largest acceptance by the crowd and will have a clear signal of the strength of their potential. • For the duration of the hackathon tokens initiated by startups will be listed on the virtual exchange that forms part of the platform and can be purchased using HKG. The only way to gain preferred voting rights on a startup’s development is to buy tokens initiated by that startup during the hackathon event. • The emission process. HKG will be available for 9 weeks, starting from 4 weeks before the hackathon starts and ending after the 5 weeks of the event are complete.

hack.ether.camp - Page 7 hack.ether.camp Page 6 Page 8