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Finally, let us outline POA Network key features:
-We worked hard since 2016, and we are launching Core Network mainnet on 15th of December 2017 during the token sale, when you will get POA native coin compatible with all Ethereum wallets.
-We developed cross-chain bridges (video here) and we will use this technology during our token sale. Contributions will be collected on Ethereum blockchain while native coins will be concurrently issued on the Core Network blockchain.
-POA Network is the first Ethereum-based public network with Proof of Authority consensus, reached by independent validators. Proof of Authority consensus is a modified form of Proof of Stake where validators’ identity serves as stake and establishes the incentive model for validators to act in the interest of the Network. Such consensus allows for shorter block time and cheaper transactions.
-Core Network is the first smart contracts blockchain secured by the US notaries staking their identity.
-POA Network is a blockchain scalability approach, called “horizontal scalability.” POA Network allows launching any number of independent Proof of Authority with Identity at Stake networks and connects them via cross-chain bridges. Such “swarm” or blockchains allows to solve the throughput issue.
-POA Network is one of few working blockchains for smart contracts among Ethereum, Ethereum Classic(see article here).
-POA Network has an extensive potential use as a public chain for banks, healthcare chains, government authorities, etc. with their set of validators such as doctors, scientists, bankers, different government authorities.
Update:
We would also want to be transparent and let our community know that our current whitelist is oversubscribed. Still, we keep the registration open as our approach is not to limit the number of participants but rather grow our community and help wider PoA network adoption. Therefore, we will structure our token sale in the way that all whitelisted applicants will be able to participate.
Update (11/15/17):
POA Network smart contract for pre-sale tier has passed the audit by the external auditor. The terms are outlined here: https://github.com/oraclesorg/oracles-presale/tree/master/audit
According to the rules of the audited smart contract, signing the Early Token Purchase Agreement and passing KYC allows you to participate in the POA Network pre-sale with an amount not less than 100ETH. It means that your address has been added to the list of addresses allowed to participate. It, however, does not guarantee the participation. Should you wish to contribute more (but not less) than 100ETH during the pre-sale, you may do so, though we encourage the participants to stick to the amount initially stated in the agreement to give opportunity for others. In the event a change needs to be made, there is no need to resubmit an application, sign a new agreement and go through the KYC process again.
WARNING!
There will be no private telegram messages asking for contribution! We exchange messages with some of you. But we will NEVER ask for your address in the private telegram message. BEWARE OF SCAMMERS!
Though quoting scotty86 below, this is a SCAM post that's directing you to buy fake tokens:
!!SCAM!! Be aware! This is a scam! Do not trade on EtherDelta POA token from the link in this post!!
Some shit head (sorry can't find a friendlier name for such a person) made his own "POA" Token (Contract Address: 0x9e8df8fD7c6c724880E2D73D8fAF7Fc7fF98c5C4), but the POA Token from Oracles Network has the contract address: 0xc8fe4a2d14Cb9027Ef955D15E8BF811a6DB0Bf74
Do not use the EtherDelta/"Buy POA now"-Link from this article!! The POA token from Oracle Network have not been released so far. Always use https://coinmarketcap.com as entry-point to EtherDelta, if you want be on the safe side.