| About SDREcoin |
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SDREcoin is awarded to members who made purchases at SDRE online or at SDRE’s brick and mortar store partners, regardless of membership tiers.
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SDREcoin is non-expirable for members’ future gratification. SDREcoin can be extracted starting from 1 September 2018.
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The quantity of SDREcoin to be awarded is based on both individual member’s personal spending at SDRE and the quantity of total SDREcoin issued publicly at the time. For example, during the first 35,000,000 SDREcoins public issuing period, member who made purchases of HKD$500 could be awarded with 1 SDREcoin*.
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SDREcoin can be calculated even if it’s less than 1 unit. The calculation unit of SDREcoin is at least 4 digits after the decimal point.
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The total quantity of public issued SDREcoin is 200,000,000. SDRE holds 40,000,000 units of SDREcoin.
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The following table shows the details of SDREcoin reward calculation method:
| Quantity of SDREcoin issued publicly (Upper limit is 160,000,000 unit) | Spending at SDRE required to be awarded with 1 SDREcoin (in HKD) |
| 0~35,000,000 | 500 |
| 35,000,001~50,000,000 | 1,000 |
| 50,000,001~60,000,000 | 2,000 |
| 60,000,001~70.000,000 | 4,000 |
| 70,000,001~80,000,000 | 8,000 |
| 80,000,001~90,000,000 | 16,000 |
| 90,000,001~100,000,000 | 24,000 |
| 100,000,001~110,000,000 | 36,000 |
| 110,000,001~120,000,000 | 54,000 |
| 120,000,001~130,000,000 | 108,000 |
| 130,000,001~140,000,000 | 162,000 |
| 140,000,001~150,000,000 | 243,000 |
| 150,000,001~160,000,000 | 486,000 |
We reserve the right to terminate or vary the above policy. In the event of any dispute, our decision shall be final and conclusive.
These terms and conditions form an integral part of the General Terms and Conditions.