How to Buy WEL
Note: Due to regulatory restrictions, US persons are prohibited from acquiring the WEL token (see Legal Details below).
For non-US persons, you can purchase the WEL token on Uniswap at: https://app.uniswap.org/explore/tokens/ethereum/0x1e762e1fac176bbb341656035daf5601b1c69be5
Token contract address: 0x1E762e1FAc176bbB341656035daf5601b1C69Be5
All pre-sales have ended. TGE is on Oct. 23.
Public Pre-Sales: How to claim your $WEL tokens
If you have purchased $WEL vouchers and passed the KYC process, the following applies to you:
On Oct. 23rd, you will be able to claim your $WEL tokens.
Vesting is set up with Sablier, an industry-standard vesting tool. (https://sablier.com/)
Sablier creates an airstream that you need to claim. An airstream is similar to an airdrop but instead of being transferred instantaneously it can be “streamed” over a given period of time, thus enabling the functionality of vesting.
How do you claim your $WEL tokens?
WATCH THIS VIDEO: https://www.youtube.com/watch?v=-QFLZtUQ330
PART 1: Claiming the airstream
Step 1: Go to https://app.sablier.com/airstreams/?t=eligible and sign in with your wallet.
Step 2: Check your eligibility by clicking on the magnifying glass icon and click on “Check”.
Step 3: Click on “Claim” and validate the transaction in your wallet
After claiming, Sablier will create the airstream for you. You will see the airstream in the Sablier dashboard.
PART 2: Withdrawing the tokens
Click on “Withdraw” and validate the transaction in your wallet
Important: There will be 2 separate airstreams set up for you: one for the 20% available at TGE and one that will be added later for the remaining amount that is vested.
Important: You need to claim your airstream in order for the vesting to begin. If you do not claim your airstream, the vesting will not begin.
Important: Claiming and withdrawing on Sablier are on-chain transactions, which makes this process secure and transparent. It also means that it will require the wallet to have ETH funds to process the gas fees incurred.
For more details on Sablier airstreams, check their docs: https://docs.sablier.com/concepts/protocol/airstreams
Public Pre-Sales: Steps towards your WEL token application
Go to the Public Pre-Sale Page
Purchase Vouchers: Important: Use the same wallet you log into the pre-sale page for your voucher purchase (on Juicebox). Note: These are not the WEL tokens. The WEL tokens will be distributed to people who are accepted to purchase. To apply, complete step 2.
Apply for WEL Token: Follow the KYC process. You will need your ID and will be required to take a selfie.
IMPORTANT: Buying this voucher does not mean you automatically get the WEL token. To get the WEL token, you first need to pass a KYC check for regulatory reasons. After passing the KYC check, the project team will decide if your application to buy the WEL token is approved or not. If approved, you will get one WEL token for each voucher you bought. This will occur after TGE, which is currently planned for October (subject to change). If your application is not approved, you will get a refund for your voucher, and you won't get the WEL token.
Legal Details
Restrictions on Token Purchasers:
The WEL token discussed here cannot be held by, offered, or sold to “U.S. persons” as defined by Rule 902 of Regulation S under the Securities Act of 1933, or within the United States. It is also prohibited to offer or sell the token, directly or indirectly, to U.S. persons or within the U.S.
Additionally, no entity, person, or corporate body, nor any affiliates or beneficial owners thereof, deemed a Prohibited Person, may own, buy, or sell the token. A “Prohibited Person” includes any individual or entity (government, political subdivision, agency, or instrumentality) that is: (i) a national or resident of, or entity formed under the laws of any U.S. embargoed or restricted country; (ii) a national or resident of, or entity formed under the laws of Cuba, North Korea, Iran, Libya, South Sudan, Sudan, Syria, or Crimea; (iii) listed on the U.S. Commerce Department’s Denied Persons List, Entities List, or Unverified List; the Treasury’s Specially Designated Nationals and Blocked Persons List, Specially Designated Narcotics Traffickers or Specially Designated Terrorists, or the Annex to Executive Order No. 13224; the State Department’s Debarred List; or under UN Sanctions; (iv) restricted from business transactions by any U.S. Governmental Authority; or (v) subject to any economic sanctions enforced by the UN, EU, or UK.
LEGAL DISCLAIMER:
PLEASE CONSULT YOUR LEGAL AND FINANCIAL ADVISORS BEFORE CONSIDERING PARTICIPATION IN THE TOKEN SALE.
Participation in the token sale does not equate to the exchange of cryptocurrencies for securities, investment units, or ordinary shares in any project, platform, company, or entity. The tokens issued and distributed are not intended to be securities or collective investment units in any entity. Token holders do not receive dividends or revenue rights and do not participate in any profit-sharing scheme.
Participants engage for their own account, not as nominees or agents, without the intention of reselling or distributing the tokens.
Participants have sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of participation. They can incur a total loss without impairing their financial condition and can bear the economic risk for an indefinite period.
Participants affirm compliance with their jurisdiction’s laws concerning token sale participation, including legal requirements, foreign exchange restrictions, necessary consents, and relevant tax consequences.
Participation and token holding must comply with applicable laws in the participant’s jurisdiction.
Participants understand the significant risks involved, including potential failure of the network or tokens to function as intended, incomplete token launch or auction, insufficient user interest, and possible governmental investigation or punitive actions. Participants are financially sophisticated, capable of evaluating and bearing the risks, and have acquired sufficient information about Welshare Health to make an informed decision. Participants possess adequate technical understanding of cryptographic tokens, network protocols, smart contracts, token storage mechanisms, and distributed networks to appreciate the risks and implications.
THE PARTICIPANT ACKNOWLEDGES THAT THE INFORMATION PROVIDED IS SUFFICIENT FOR AN INFORMED DECISION AND CONFIRMS CONSULTATION WITH THEIR ATTORNEY, ACCOUNTANT, TAX ADVISOR, AND INVESTMENT ADVISOR.
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