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Through our in-depth forensic due diligence, focusing on tokenomics, industry competition and team reputation for blockchain investments from some of the most reputed names in the industry.
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We have 4-6 deals to consider for 2018
Here's a sample of first ICO for 2018
ScoopCoin Overview
Total tokens 1,000,000,000
Ticker SCOOP
Type ERC20
Inflation None
Token sale start April 15th 2018
Sale length 350 Days
5.3 Token Distribution
The ScoopCoin token distribution will be run on the Ethereum blockchain. A total of 1,000,000,000 (1Billion) ScoopCoin will be available for distribution. The first 20% (200 million) will be distributed in the first 10 days. Followed by the additional 700,000,000 which will be distributed over a 340 day period in increments of 2,000,000 every 23 hours. 100,000,000 (100 million)
In order to kickstart the Scoop platform with new content pieces, a specific number of Scoop accounts are created and pre-seeded with ScoopCoin tokens. These accounts will be created before the launch of main net and will get new users in the initial phase of the project. These early users of the account will be accounted for and rewarded for their contribution as per token distribution.
5.3.2 Pre-Sale (First 10 Days)
Of the 1 Billion ScoopCoin available, 20% of tokens will be distributed in the first 10 days. This first 200,000,000 ScoopCoin that will be sold, will be done to provide an incentive for those early investors as it will provide a larger return of tokens with a larger purchase window.
5.3.3 Daily Token Distribution (Remaining 340 Days)
Following the initial 20% token distribution over the first 10 day period we’ll be distributing 2,000,000 ScoopCoin every 23 hours for a total of 340 days. This equates to 700,000,000 ScoopCoin. The ScoopCoin token sale will require a minimum transaction of 0.1 ETH in order to participate and general public can participate in the sale. There will be no maximum transaction amount. If any tokens are left unsold after the crowdfunding, they will be sent to ScoopCoin holding.
5.3.4 Founders
One hundred million (100,000,000) or 10% of the total ScoopCoin tokens to be distributed will be reserved for Scoop founding team as the developer of the Scoop.com software. This 10% cannot be traded or transferred on the Ethereum network for the entire distribution period.
5.3.5 Bounty Program
A token supply of 1% will be separately kept by Scoop for the general bounty program. This program will allow users to gain rewards by submitting genuine bugs and errors found within the Scoop platform.
Each valid submission will be assessed and for each issue discovered the first to report this will gain a reward.
This program will be open for all who’d like to participate and will terminate on the last day of crowdfunding. ScoopCoin tokens earned through the bounty program will take place within the first week of the end of crowdfunding.
5.4 FUNDS USAGE
General and Administrative 35%
Product Development 40%
Legal 10%
Marketing & Operations 10%
Miscellaneous 5%