Frequently Asked Questions
Some questions that have come up recently
What is the token symbol for PressCoin?
PressCoin tokens use the symbol NEWS.
What is the hard cap for the PressCoin ICO?
100 Million NEWS.
What is the soft cap for the PressCoin ICO?
2 Million NEWS.
What is the PressCoin contract address?
Why does it show 200M tokens minted?
The Registrar of Companies for England and Wales had issued 200M shares for the PRESSCOIN PLC. Since each token maps to a share of PRESSCOIN PLC, 200M tokens were minted. The management then decided to cap the ICO at 100M tokens, thereby making 100M NEWS tokens available for the crowdsale .
All unsold tokens will be burned at the close of the ICO.
What are the company registration details?
PRESSCOIN PLC is registered by The Registrar of Companies for England and Wales. The Company Number is 11040713.
When do I get the NEWS tokens ?
The tokens for the Pre-Sale phase and the Pre-ICO phase have been dispatched already. The tokens for the ICO phase will be dispatched after the ICO ends. We will distribute all the tokens sold in the ICO phase within a weeks time after the ICO.