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<h1>Everything You Need To Know Following The DAV Token Sale</h1>
<div class="row">
<div class="col-sm-8 col-sm-offset-2">
<div class="token-details">
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<div class="col-xs-6"><p>Token Icon</p></div>
<div class="col-xs-6"><img src="img/fav/android-icon-36x36.png" height="23"></div>
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<div class="col-xs-6"><p>Token Symbol</p></div>
<div class="col-xs-6"><p><span>DAV</span></p></div>
</div>
</div>
<div class="details-row">
<div class="row">
<div class="col-xs-6"><p>Amount Raised</p></div>
<div class="col-xs-6"><p><span class="raised-amount">40,726 ETH</span></p></div>
</div>
</div>
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<div class="col-xs-6"><p>Total Sold</p></div>
<div class="col-xs-6"><p><span>552,110,775 DAV</span></p></div>
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<div class="col-xs-6"><p>Total Supply</p></div>
<div class="col-xs-6"><p><span>1,380,276,937 DAV</span></p></div>
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<div class="col-xs-6"><p>Protocol</p></div>
<div class="col-xs-6"><p><span>Ethereum, ERC20</span></p></div>
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<h4>Following The DAV Transportation Network Token Sale - Everything you need to know</h4>
<p>We’re grateful for the success we were able to achieve during our token sale. During our token sale, we successfully raised <span class="raised-amount">40,726 ETH</span>! Thank you to our amazing community for all your ongoing support. Please note, this "Everything you need to know" is meant to be a helpful quick summary only. The most up to date Terms and Conditions of the token sale are <a href="terms-and-conditions.pdf">here</a>. You can also see the marked copy of those most recent June updates <a target="_blank" href="dav-marked-updates-June-2018.pdf" >here</a>. Please check back for notices for any updates to the Terms and Conditions.</p>
<h4>Expected Use Of Funds</h4>
<p><span>45%</span> - Research and Development</p>
<p><span>15%</span> - Marketing and Business Development</p>
<p><span>20%</span> - Expansion & Operations</p>
<p><span>10%</span> - General & Administrative</p>
<p><span>10%</span> - Legal & Compliance</p>
<h4>Token Allocation</h4>
<ul class="disc-list orange-list">
<li><span>40%</span> of the total number of DAV tokens will be allocated to contributors during the token sale (both presale and public sale).</li>
<li><span>25%</span> of the total number of DAV tokens will be allocated to DAV Foundation to be used for community grants, partnerships and bounties.</li>
<li><span>20%</span> of the total number of DAV tokens will be allocated to DAV Foundation to be used for future development of the “internet of transportation”, and as a reserve for the company.</li>
<li><span>15%</span> of the total number of DAV tokens will be allocated to the team and members of the advisory board. </li>
</ul>
<h4>Token Locking</h4>
<ul class="line-list">
<li>All <span>team tokens</span> are locked and gradually released over a <span>15 month period</span> (linear quarterly cliffs).</li>
<li>All <span>reserve</span> tokens are locked and gradually released over a <span>60 month period</span> (linear yearly cliffs).</li>
<li>At least <span>95% of presale</span> bonuses are locked for periods of <span>6 to 12 months</span>.</li>
</ul>
<h4>Receiving / Transferring DAV Tokens</h4>
<p>
Tokens purchased at the main token sale were sent immediately via smart contract to the contributors whitelisted wallet address.
</p>
<p>To add DAV as Custom Token within your ERC20 compatible wallet:</p>
<ol class="number-list">
<li><span>1</span>Click 'Add Custom Token'</li>
<li>
<div><span>2</span>Enter the Token information below:</div>
<div class="token-information">
<div><span></span>Token address: 0xd82Df0ABD3f51425Eb15ef7580fDA55727875f14</div>
<div><span></span>Token name: DAV</div>
<div><span></span>Decimals: 18</div>
</div>
</li>
</ol>
<h4>Final Note</h4>
<p>
We are deeply grateful to each and every one of you for your support and for sharing the DAV vision with us. As members of the DAV community, you have a leading role in DAV’s development and future. We at the DAV Foundation know that decentralized open-source projects thrive and grow through community contribution and it is only with a strong community can the DAV vision become a reality. We are encouraged by what the future promises and very much look forward to the journey ahead!
</p>
<h4 class="orange"><br>The DAV Team</h4>
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<h5>Full-Stack Developer</h5>
<h6>Location: <span>Tel Aviv</span> Type: <span>Full Time</span></h6>
<p>We are looking for amazing full-stack developers to join us in our Tel Aviv office and help us build the future of autonomous transportation.</p><br>
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<p>We are looking for extraordinary algorithm architects to build our decentralized system that will span the globe and control millions of devices.</p><br>
<p>If you have deep understanding of:</p>
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<li>Distributed processing</li>
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<p>We are looking for an amazing social media manager to join our Tel Aviv office and help us grow our community:</p><br>
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