30th January 2018

BF Token (BFT) Public Sale Purchase Guide

Irvin Htay Myint

BF Token (BFT) Public Sale Purchase Guide

Welcome to the BF Tokens (BFT) MyEtherWallet (MEW) guide. This post provides you with a clear step-by-step process for setting up a MEW wallet to receive your BFT.

We take our BF Token Sale very seriously and have established the correct procedures to conduct a responsible and compliance-driven process for our token sales.

For this reason only whitelisted ETH addresses that also have an account with BnkToTheFuture.com will be able to participate in the BFT sale.

How to get whitelisted

1. From February 6th 2018 10:00pm UTC to February 13th 10:00pm UTC, you will be able to get your ETH address whitelisted here. (Only those whitelisted will be able to participate in Token Sale.). You will also need to enter the details of your BnkToTheFuture.com account, so if you have not done so already please prepare by creating an account and uploading your identity documents here.

2. On February 16th 2018 10:00pm UTC, come back and all whitelisted addresses with accounts on BnkToTheFuture will be able to buy between 10,000 to 100,000 BFT of the 30,000,000 tokens available on a first come, first serve basis until all are sold. Our public sale is already seeing great demand, which means if you’re interested in purchasing BFT, we anticipate you will need to prepare and be ready at that time. Please prepare by creating an account and uploading your identity documents here.

Type of address to whitelist

To be eligible to purchase BFT in the token sale you must only whitelist an ETH address that you control the private key for. This address must be the ETH address that you will send the funds from.

Compatible Wallets

Any compatible ETH wallet can be used to participate in the token sale.

To be compatible, you will need to contribute and whitelist a wallet where you own the private key such as the one discussed below.  

Incompatible Wallets

Do not use an incompatible Wallet.

There are many incompatible wallets, please check to make sure that your wallet meets the compatible wallet criteria before sending any ETH. The following wallets are known to be incompatible wallets; this is not a complete list. Do not use any of the following wallets to participate in the BFT Token Sale

  • Any Bitcoin exchange
  • Any Ethereum exchange
  • Bitfinex
  • Bittrex
  • Bitstamp
  • Cex.io
  • Coinbase
  • Exodus
  • Jaxx
  • Kraken
  • Poloniex

Got Questions?

If you have any questions about this process and need to know more, please join our BFT Community Telegram channel here

Quick Ethereum Wallet Guide

The information below is of a general nature only. We strongly urge you to conduct your own research.

Setting up MyEtherWallet

Many that purchase Ethereum based tokens like the BF Token use My Ether Wallet.

Here is their guide to getting started taken directly from their website:

MyEtherWallet gives you the ability to generate new wallets so you can store your ETH & Tokens yourself, not on an exchange. This process happens entirely on your computer, not our servers. We are not a web wallet. We are a client-side interface that allows you to interact with the Ethereum blockchain. We never save, store, or transmit any sensitive information ever. Therefore, when you generate a new wallet, you are responsible for safely backing it up.

In order to get started:

Create a new wallet.

Back up the wallet.

Verify you have access to this new wallet.

Transfer ETH / Tokens to this new wallet.

Check your Balance

 

Step 1: Precautions

Before you do anything, make sure you are on a computer you trust. We strongly recommend against using any publicly accessible computer.

We strongly recommend using Chrome as your browser of choice, for security and speed reasons. When logging into any website that contains any sensitive information or data, ensure that the website has the green padlock in the address bar as shown below:

Secured connection

This means that the website is secure.

 

Step 2: Go to MyEtherWallet

Once you are satisfied that you have followed step 1, make your way to: https://www.myetherwallet.com/ (Look for that green padlock, shown in step one)

Once you are on the MyEtherWallet website, go to the “New Wallet” tab found in the navigation bar just underneath the MyEtherWallet logo.

MEW

 

Step 3: Create a Strong Password

Create a strong password that you will use to access your wallet. In order to create a strong password we recommend using upper and lower-case letters, and also numbers and symbols (e.g., “@”, “^”, etc.).

An example of a strong password might be: V*N^vh7%T3wavZVa

If you are struggling with creating a strong password, we recommend using this site to create one for you: https://strongpasswordgenerator.com/

Tip: There is a small image of an eye to the right of the box you enter your password in. This will allow you view the password you have entered to ensure its correct.

NOTE: DO NOT lose this password. Losing the password you create will result in your losing your ETH and BFT stored in your account.

Once you have created your strong password and made a note of it, click “Create New Wallet” just beneath.

 

Step 4: Save Your Keystore File

Click ‘Download Keystore File’ and copy this file to multiple locations, such as your Documents folder and an external USB drive. This file contains your private and public keys and is required every time you want to access your account.

NOTE: As the warning states on the website, do not share this with anyone. If they know your password and have this file, they can access your account. This file is for you and for you alone.

Once you’ve downloaded the file, click “I understand. Continue.”

 

Step 5: Private Key

Your ‘Private Key’ is another way to access your wallet, without having your ‘Keystore File’ and password.

NOTE: Do not store this key on your computer. Do not share this with anyone. Anyone with access to this has access to your account.

The best and safest method of securing your private key is to print it and keep it in a safe place. This can be done by simply clicking the “Print” button. It will look something like the below:

If you are unable to print your private key, we suggest making a note of the information provided on your private key. This information is accessible by clicking ‘Print”. If you are to choose this option, be sure to keep it somewhere safe and secure.

 

Step 6: Unlocking Your Wallet

This is the screen you’ll get any time you try to do something in MyEtherWallet – you’ll have to “unlock” your wallet using either your Keystore file and password or your Private Key that’s on the paper wallet that you just printed out.

You can use either – but for now, select “Keystore / JSON File” and then select the file “SELECT WALLET FILE…”. This is where you will need to select file you downloaded onto your computer at the beginning of the wallet creation process.

The name of the file will look something like:

UTC–2017-06-25T16-57-01.504Z–243d975bf1f9f9f9f9e9f9ddf360

Once you have selected the file you downloaded in Step 4, it will prompt you to enter in the password you created in Step 2.

Once you have entered your password in correctly, click “Unlock”. This will now grant you access to your account. This will then take you to a page that will display all of your account and wallet information.

 

Step 7: Your Wallet Address

In order to receive tokens, the sender needs to know where to send the tokens too. Following on from Step 6, the “View Wallet Info” tab, found on the navigation bar will display the necessary information.

To receive your BFT, you must copy and paste from the ‘your wallet address’ located under ‘Your Address’ into the necessary field on the BF Tokens website.

 

Step 8: Add a custom token

There is an Add Custom Token button here where you copy the ERC20 Token address and decimal values to. The Token Symbol doesn’t actually matter, it’s just for your reference.

The ticker is: BFT

Decimal: 18

Contract address: 0x01fF50f8b7f74E4f00580d9596cd3D0d6d6E326f 

IMPORTANT INFORMATION ABOUT THE BFT TOKEN SALE

NO U.S. – BF TOKENS ARE NOT BEING OFFERED OR DISTRIBUTED TO U.S. PERSONS.

BF TOKENS ARE ERC-20 COMPATIBLE TOKENS ON THE ETHEREUM BLOCKCHAIN.

BF TOKENS DO NOT HAVE ANY RIGHTS, USES, PURPOSE, ATTRIBUTES, FUNCTIONALITIES OR FEATURES, EXPRESS OR IMPLIED. THEY CAN ONLY BE USED AS OUTLINED IN THE WHITEPAPER WHICH MAY BE SUBJECT TO CHANGE.

PURCHASE OF BF TOKENS ARE NON-REFUNDABLE AND PURCHASES CANNOT BE CANCELLED.

BF TOKENS MAY HAVE NO VALUE. YOU MAY LOSE ALL AMOUNTS PAID.

THERE IS NO REPRESENTATION, WARRANTY OR GUARANTEE THAT THE PROCESS OF PURCHASING BF TOKENS OR RECEIVING BF TOKENS WILL BE UNINTERRUPTED OR ERROR-FREE OR THAT THE BF TOKENS ARE RELIABLE AND ERROR FREE.

PLEASE READ THE ENTIRE BF TOKEN PURCHASE AGREEMENT AND THE TERMS OF USE OF THIS WEBSITE CAREFULLY AND IN THEIR ENTIRETY PRIOR TO SENDING ETH AND PURCHASING BF TOKENS.

Technical Risks

This BF Token Distribution Contract runs on the Ethereum network; therefore, you need to be aware of certain things.

1. Block Production occurs at Random Times

On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH sent to the BF Token Distribution Contract in the final seconds of a distribution period may not get included for that period. You acknowledge and understand that the Ethereum blockchain may not include your transaction at the time you expect and you may not receive BF Tokens the same day you send ETH. To mitigate this, it may be possible to use the BF Token Distribution Interface to require the transfer of ETH to apply to the entire current period or otherwise the transaction will fail.

2. Network Congestion

The Ethereum network is prone to periodic congestion during which transactions can be delayed or lost. Some individuals may intentionally spam the Ethereum network in an attempt to gain an advantage. Do not assume Ethereum block producers will include your transaction when you want or that your transaction will be included at all. This is a limitation of Ethereum and not the BF Token Distribution Contract.

3. Do not fund Token Distribution Contract from an account you do not control

Tokens are allocated to the account that sent them. If you send from an exchange or other account that you do not control then you may not be able to claim your BF Tokens without their help.

Got Questions?

If you have any questions about this process and need to know more, please join our BFT Community Telegram channel here.

 

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