“Three and a half billion Nuggets tokens will be sold in the pre-sale and a public sale starting on November 14th, half in each sale period.”

Nuggets‘ pre-sale of digital tokens for its new cryptocurrency platform has commenced.

The platform is based on blockchain auditing, and uses biometric authentication to verify users’ identities without the need to reveal any other personal information. But in individual transactions users can choose to share more personal information in exchange for Nuggets Tokens – the platform’s currency – encouraging users to monetize their data.

The cryptocurrency’s pre-sale was first announced last month, and is now getting underway. Three and a half billion Nuggets tokens will be sold in the pre-sale and a public sale starting on November 14th, half in each sale period. Ultimately, 10 billion Nuggets Tokens will be sold at the platform’s launch, the date of which has not yet been announced.

The Initial Coin Offering is being organized by LA-based investment bank Argon Group, and a discount of 20 percent is available to pre-sale investors who are willing to put at least $25,000 down.