Your C-CEX stakes already can be considered HEAT tokens. Their amount will be adjusted upwards to match with the final rate (more than 1 HEAT per token) if not all 25M tokens are sold during the ICO. So whatever amount you see at C-Cex is the minimum amount of HEAT you'll have. Currently it looks likely that amount will be adjusted up during the distribution.

All 25M are distributed to stakeholders in September in any case.

If ICO isn't fully reserved, 1 000 000 HEAT are locked up as an incentive and released for development crew after 1 250 000 blocks (1 year).

HEAT Weekly crypto roundup #4 is out! Happy reading:

https://heatledger.ghost.io/crypto-roundup-4/

This is not planned for the initial release.

1500 BTC raised so far and a little over 24 hours to go.
Looking forward to see where we will end up.

Will the stock options be calculated before or after you claim your HEAT?
I have purchased some by direct deposit and some from C-Cex. If they are calculated before I claim my HEAT I could lose out on 1 stock option for each ICO option I have used.

Of course we have no idea about the value of a stock option but it would be nice to know.

It ends at 23.59 gmt on monday. So 26 hours and 15 mins left.

They'll be calculated, meaning the # of HEAT required for each option, before the HEAT distribution for sure.

Release of the options in the "physical" form (we intend them to be publicly tradeable before the IPO) is still something we have to clear, and see what's possible legally. From what I know this is the first time in history real registered stock options for company stock are given in large scale based on cryptocurrency holdings.

Most likely HEAT holdings on an exchange can't receive options, so you'll have an opportunity to withdraw your HEAT from exchanges to use them for the options.

You can send more from the same address or different address.

To claim HEAT tokens, you'll need to have access to any addresses you've sent the investments from.

Sending directly removes any intermediary exchange account risk but means more work for you to claim tokens in September.

We've been working on it for soon half a year, with earlier incomplete development versions already used for demoing sub-areas for partners. So it's rather advanced by now, and the genesis estimate is realistic based on our past progress and the todo list at this moment.

Note that many of the features advertised are pretty much ready to be slapped on (from FIMK & the projects - of course not that simple but relatively speaking what comes to the total workload). So recently it's been the HEAT core we've been working on and will continue to do so for almost whole of the month ahead.

It will indeed carry many of the key features advertised.

Some key features, like splitting of the storage layer, will be added after genesis but rather in the course of months, not years.

Openledger, C-CEX and Alcurex will enable HEAT trading and withdrawals right after they've received the genesis block tokens.

Other exchanges not scheduled yet. Notice that the HEAT client has a decentralized exchange built-in, which will necessarily yield wide exposure as it's "on your face" for all the HEAT client users. Our goal is to carry at least BTC/HEAT exchange there shortly after initial distribution.

Additionally, we'll likely have some backup token exchange arrangements on the FIMK AE.

I think there must be some shades of gray between considering Ronny's exchanges sufficient and on the other end starting an uncertain yet tedious process of complete Polowhoring

Openledger certainly isn't enough, whereas listing on Polo and Bittrex from our experience involves procedures whose business viability are questionable. But maybe it's different for a fresh platform carrying significant ICO success recently when compared to rather obscure FIMK from 2 years back. Poloniex listing will be worked towards.

We'll be arranging the legal stuff, team building and company stock release while having the cooloff period of 4 weeks before the token distribution. This is well warranted as the resources are still scarce before it gets rolling properly. Emphasis for marketing is built during this cooloff period and allocated starting from the token release.

HEAT is a long term project, and it's not our goal to hit a price explosion upon token launch. Rather, we'll want to avoid that. Any rate above ICO rates will be just fine, whether it's 2x or 20x. Lower rates, well they're not that usual nowadays either.

Yes it is, pending clearing in the Finnish authorities database
https://tietopalvelu.ytj.fi/yritystiedot.aspx?yavain=2632757&tarkiste=6F2F5FD1A9DCD627A99BD02A8DADDC5ED1FDE31E
Founding shareholders now before funding round 2 are myself and lead developer Mr. de Klerk.

Yes, some investor channels however more so with businesses with whom we already have Joint Venture agreements, customer relationships and contracted projects pulling (obviously paused during the ICO hassle and before we get more workforce to attend to all projects required).

Thanks to yourself for the excellent questions.

This worries me a bit: Do you have some personal beef with polo because they didnt want to list FIMK? That would be really sad. For investors polo listing is very important.

Exactly!

No beef - they probably just haven't paid real attention to how listing us would benefit their business. There must be hundreds of projects trying to get listed, and when we last contacted them before the HEAT ICO details it didn't look any different. It might be well different now, we'll have quite much more ammo after the finished HEAT ICO figures...

HEAT is leaning towards decentralized exchange. So our stance is that getting on Poloniex or any centralized exchange is far from being a single main focus of Heat Ledger Ltd. But like I said, there are many shades of gray between being the main focus, and complete lack of interest, and we acknowledge the market's needs.