​​SKALE Network (SKL) will launch its mainnet on June 30th. The first phase of the lunch will not enable token transfers. This will be followed by the Dutch auction on ConsenSys Activate platform. SKALE will be selling 3.1% of SKL with a minimum 90 days staking period for participants. Following the 90 Day Proof of Use Period, the network will turn into an open state where tokens that are unlocked can be transferred and exchanged.

Activate is ConsenSys backed platform that allows users to purchase tokens in upcoming token launches and use tokens for staking, delegating or voting.

SKALE Network is Ethereum scalability platform that has raised around $26.7M USD during several fundraising rounds with participation of Arrington XRP Capital, ConsenSys Labs, Hashed, HashKey, Multicoin Capital and Winklevoss Capital.