Refund commitment
Each presale participant is included in the 45% refund initiative. The relevant contribution record and agreement terms will be used to determine the applicable refund amount.
Presale participant notice
45% Presale Refund Process
The STORJ token price has moved below its Token Generation Event (TGE) price. As a result, and in accordance with the presale agreement subscribed to, we will begin initiating a 45% presale refund for all participants in the presale.
Initiate refundWhy we are initiating refunds
The market price of the token is now below the TGE price. Under the terms of the presale agreement, this triggers the refund commitment described for presale participants.
We are therefore beginning the process to initiate a refund equal to 45% of each participant’s applicable presale contribution. Refund calculations and delivery will follow the records and conditions set out in the subscribed presale agreement.
What this means now
The process is moving into its initiation phase. Participants should retain their original presale records and monitor verified project communications for individual processing updates.
Refund process
Review contribution records
We will reconcile each participant’s presale contribution against the official presale records.
Confirm refund details
Refund amounts will be calculated at 45% of the applicable contribution under the subscribed agreement.
Initiate distribution
Participants will receive verified communication as their refund moves into processing and distribution.
Participant protection
No additional payment, wallet approval, seed phrase, or private key is required to be included in this refund initiative. Treat any request for those items as suspicious.
Use verified channels
For questions about your contribution record, use the verified support channel included in your original presale communications. Do not rely on unsolicited messages.