As the Enecuum adaptive decentralized environment is still under development, we aim to conduct the ENQ Token Sale on Ethereum using an Ethereum-based smart contract. It is proposed that ENQ(ERC-20) will initially be issued as part of the ENQ Token Sale. The total amount of ENQ(ERC-20) will make 126,880,563.75 ENQ
The upper limit of all ENQ in the system is proposed to be 845,870,425 ENQ. The two stages to the release of ENQ are intended as follows.
Stage 1 The allocation of the ENQ(ERC-20) is proposed to be as follows:
a. 33,834,817 ENQ(ERC-20) are proposed to be available for sale under the ENQ Token Sale, which will be subject to the ENQ Token Sale terms and conditions. The price for the sale is proposed to be 1 ENQ(ERC-20) = 0.04 USD until 31.10.2018; 1 ENQ(ERC-20) = 0.05 USD until 30.11.2018 and 1 ENQ(ERC-20) = 0.06 USD until 31.12.2018. It is intended that it will be possible to exchange ENQ(ERC-20) for ENQ at a rate of 1:1, once the Enecuum adaptive decentralized environment is operational;
b. 25,376,112.75 ENQ(ERC-20) are proposed to be reserved for advisers and partners. It is intended that it will be possible to exchange ENQ(ERC-20) for ENQ at a rate of 1:1, once the Enecuum adaptive decentralized environment is operational;
c. 16,917,408.50 ENQ(ERC-20) are proposed to be reserved as a reward in test net and airdrop programme. It is intended that it will be possible to exchange ENQ(ERC-20) for ENQ at a rate of 1:1, once the Enecuum adaptive decentralized environment is operational;
d. 50,752,225.50 ENQ (ERC-20) is proposed to reserve seed investors. It is intended that it will be possible to exchange ENQ(ERC-20) for ENQ at a rate of 1:1, once the Enecuum adaptive decentralized environment is operational.
Stage 2 The distribution of ENQ (after the main net will be launched) is proposed as follows:
a. 42,293,521.25 ENQ are proposed to be reserved as a team reward with lock up period of 1 year after the main net will be launched;
b. 169,174,085 ENQ are proposed to be reserved as a reserve fund with lock up period 1 year after main net will be launched;
c. 507,522,255 ENQ is intended to be available to be mined within 25 years after the launch of the main network and as a program of attracting new miners to the network.
ENQ, the token sale and the Enecuum adaptive decentralized environment are under development. They may be subject to change. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this document is or should be relied upon as a promise or representation as to the future.
This document also cross-refers to the disclaimer from the Enecuum’s whitepaper. The disclaimer from the whitepaper is included below to cover emergency cases with the official Enecuum’s site.
The disclaimer from the above-mentioned Enecuum’s whitepaper.
This whitepaper and any other documents published in association with this whitepaper relate to the intended development and use of the Enecuum platform (“Enecuum”). They are for information purposes only and may be subject to change.
This whitepaper contains forward-looking statements that are based on the beliefs of Enecuum HK Limited, a Hong Kong incorporated company (CR: 2562183) (“Company”), as well as certain assumptions made by and information available to the Company.
Enecuum as envisaged in this whitepaper is under development and is being constantly updated, including but not limited to key governance and technical features. The ENQ token (“ENQ”) involves and relates to the development and use of experimental platforms (software) and technologies that may not come to fruition or achieve the objectives specified in this whitepaper.
If and when Enecuum is completed, it may differ significantly from the network set out in this whitepaper. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this document is or should be relied upon as a promise or representation as to the future.
ENQ is not intended to represent a security or any other regulated product in any jurisdiction.
This document does not constitute an offer or solicitation of securities or any other regulated product, nor a promotion, invitation or solicitation for investment purposes. The terms of the purchase are not intended to be a financial service offering document or a prospectus of any sort.
ENQ does not represent equity, shares, units, royalties or rights to capital, profit, returns or income in the platform or software or in the Company or any other company or intellectual property associated with the platform or any other public or private enterprise, corporation, foundation or other entity in any jurisdiction.
This whitepaper does not constitute advice to purchase ENQ. It must not be relied upon in connection with any contract or purchasing decision.
The purchase of ENQ and participation in Enecuum carries with it significant risks.
Prior to purchasing ENQ, you should carefully assess and take into account the risks, including those listed in any other documentation.
The views and opinions expressed in this whitepaper are those of Enecuum and do not reflect the official policy or position of any government, quasi-government, authority or public body (including but not limited to any regulatory body of any jurisdiction) in any jurisdiction.
Information contained in this whitepaper is based on sources considered reliable by the Company but there is no assurance as to their accuracy or completeness.
References in this whitepaper to specific companies and platforms are for illustrative purposes only. The use of any company and/or platform names and trademarks does not imply any affiliation with, or endorsement by, any of those parties.
You must consult a lawyer, accountant, tax professional and/or any other professional advisors as necessary prior to determining whether to purchase ENQ or otherwise participate in the Enecuum network.
The ENQ emission model is proposed to progress in two stages. It is proposed that ENQ emission will grow in a linear progression as shown in Diagram, where the horizontal axis represents years, and the vertical axis represents the percentage of the total ENQ to be generated.
The upper limit of all ENQ in the system is proposed to be 845,870,425 ENQ.

Stage 1

15% of the total emission of ENQ is proposed to be pre-mined as ENQ(ERC20) tokens in Ethereum network by the Enecuum development team in order to create an initial distribution pool. This equates to 126,880,563.75 ENQ.
This initial pool is intended to be used in the future for exchange of ENQ(ERC-20) to ENQ upon the launch of Enecuum adaptive decentralized environment.

Stage 2

During the 25 years following the end of Stage 1, a further 60% of the total ENQ emission is intended to be available to be mined, and 25% of the total ENQ emission will be premined intended to be used for the Enecuum development team and the reserve fund.