As with 2017, 2018 is also shaping up to be the year of the ICO boom. The first quarter of 2018 had seen some really interesting and innovative projects coming up with their ICOs, hoping to cash in as much as they can. Though there are some that really shined in terms of fundraising, the overall performance of the ICOs in Q1 of 2018 hasn’t been that satisfactory. Probably our ever-ballooning expectation is to blame here!
However, ICOs in the 2nd quarter seems to have managed to put a better show in that respect. There are some ICOs that started in Q1 and finished in Q2, then there are some which completed their entire ICOs within Q2. But here we will inspect those ICOs that have started in Q2 but are still going on or just about to finish, and these are the ones, in our opinion, is the cream. Some have quite expertly managed to hit their hard cap, while some have such a great vision or strong team that their token is bound to be successful later if not now. Just a caution, we may have thrown in a little quirky one here as having a dark horse in the list always spice things up, call it a little-calculated gamble of ours.
INTRO is a platform designed for real estate agents, and they are attempting to use their blockchain-based system to make real estate property cheaper and easier to sell i.e. more lucrative for all parties involved in construction markets. Launched in 2017, INTRO TECHNOLOGY RUS is a Russian firm which originated from Gosstroy Group – a major Russian real estate development holding – with the separation of their IT division.
INTRO conducted their pre-sale in January and made available 2000000 tokens. Next, INTRO’s pre-ICO ran for about 2 months – 26 March 2018 – 31 May 2018. The firm released 10,000,000 ITR tokens for the event and each token at that time was priced at $0.28 USD. During the event, the token was at a 30% discount rate.
As soon as the pre-ICO was over, INTRO has started their 5-stage token sales starting with Stage 1 on 1 June 2018; Stage 2 on 1 July 2018; Stage 3 on 1 August 2018; Stage 4 on 1 September 2018; and Stage 5 on 1 October, thus ending on 31st October 2018. INTRO will be distributing a total of 148,000,000 ITR tokens during this 5-months long public sale event. The interesting thing about this 5 stage ICO event is the firm offered the ITR tokens at a varied discounted price – stage 1 – 25%, stage 2 – 20%, stage 3 – 15%, stage 4 – 10% and the final at no discount.
The firms have set a soft cap goal of 3,000,000 USD and the hard cap goal of 15,000,000 USD. As per the report, INTRO has managed to raise total $277,871 on its first two ICOs. And in the process, the price of ITR token has risen to $0.4 USD. While you need to buy a minimum of 12 USD worth of ITR, the maximum you can go is up to 5,000,000 USD. The team is accepting BTC, ETH, LTC, DSH, BCH cryptocurrencies as well as EUR and USD for purchasing ITR. One thing to note here is if you are not from China or Vietnam, you are free to buy the ITR token.
The INTRO team has allocated the funds raised from the ICO as follows – 25% to development of products, 20% for legal services, 20% for marketing and sales, 7% to the remuneration for the team members, 7% for new market research, 8% for infrastructure, 8% for licensing, and fees 5% for other costs.
The team has generated a total of 200 million ITR tokens – a utility token. And these tokens are distributed as 80% for token holders, 15% for Team‘s share, 3% for Advisors’ share, and 2% for their Bounty campaign. If there is any more token left after the completion of the ICO, those will be destroyed.
The team has also provided a graph for its token price on its website which projects a value of $2.73 by 2019, $8.20 by 2019, and $10.93 by the end of 2021, of course, that is based on the assumptions of expected subscribers or users.
So what are the problems INTRO is trying to tackle? Buyers consider a real estate purchase as a long-term investment. And in many countries (especially the BRICS), the purchase of ready-made properties or even second-hand properties are often not feasible either due to lack of availability or the huge cost involved or both. Therefore, a lot of buyers opt for off-plan or incomplete houses as these cost much less. But these properties really are risky investments due to low market transparency i.e. have limited records, no unified register for identification, not being an organized sector and lack of management. Also, these are often abandoned due to lack of proper resource and on time cash inflow.
The INTRO System was mainly designed to secure such investments and provide a common platform to all the market players to make such transactions. INTRO uses an AI (Artificial Intelligence) to collect and process the data of all under-construction properties from the official state registries, which are then stored in the Blockchain. The firm currently has two products. The INTRO Analytica, a BI, processes all these raw data for property rights claims and also makes market analysis and forecasts. Thus, it ensures that there is no violation of properties rights or personal data of the INTRO users. On the other hand, the INTRO Sale is a private online auction platform where all the buyers and sellers can sell and buy properties. The smart contracts ensure up to 30% discount on property sales. As per INTRO’s whitepaper, the firm provides the following solution –
- A dynamic database for the off-plan properties.
- The automated linguistic analysis is employed for data tokenization. Then the property ownership records are matched with building plans with the use of AI technology. This way, the system detects and corrects errors caused by the human factor or changes in building designs.
- The system analyses floor plans of under construction buildings. Each off-plan property can be found on the plan and marked as “sold” when its developer cedes property rights to the investor. This allows for instant monitoring of sold and stock properties.
- A special module in INTRO checks the relation between investment volume and construction phase.
- INTRO users can access the anonymized state records on off-plan development agreements. It helps investors and homebuyers to find a reliable developer and profitable property.
- The module for private property auctions allows developers to quickly sale of properties and close cash flow gaps without damaging the general sales plan.
The firm already has two complete products – INTRO Analytica & INTRO Sale. And over 20 large Russian construction holdings, several governmental agencies, and industry associations are currently using these two products. INTRO’s user profile includes the representatives of National Association of Housing Developers, Chelyabinsk Interregional Union of Builders, Union of Construction Companies of Ural and Siberia and other professionals from 18 different parts of Russia, where INTRO business is already present. The firm’s roadmap shows the start of the development of COINvest and INTRO Restate in September just after the completion of the ICO, with the eventual launch in May 2019. This shows that the firm has already validated their products among investors and developers, and ready to target the market of BRICS countries especially Russia, Brazil, and India.
The INTRO team has a very very strong team out of members having expertise in from real estate, mortgage lending, IT and local government and an excellent team of advisors from different fields. Though you may point out the lack of sufficient blockchain advisors apart from Amarpreet Singh, I don’t think that’s going to be a major issue at all given the IT prowess the team has. They can quickly cover that.
Kirill Badikov – He is the founder of INTRO. He also has been the Founder and Management Board Chairman at Gosstroy, JSC. In 2015, Kirill was appointed for the position of the Director of the state Mortgage Housing Lending Agencies in Ufa. In 2012, he was elected to the Ufa Municipal District Council, and in 2016, re-elected and appointed as the Deputy Chairman of the Municipality Council.
Denis Vechkanov – Co-founder of INTRO, Denis has served as an Executive with 13-year managerial experience in various fields: Business Valuation, Online Sales, Production, and Retail. Since 2015, the Executive Director in the retail chain ‘Matrix’ (44 local shops in Russia and online shop). He is a graduate of the Hult International Business School (MBA, 2016).
Oleg Obolensky – He is another Co-founder of the firm and has over 15-years of IT experience. In 2005/2012, he worked in Yandex, the leading Russian search engine, where he supervised several software development divisions. In 2012/2015, he was the Development Director at Rambler. In 2016, Oleg became a co-founder and the Chief Technical Officer at INTRO RUS, where he is now managing the development office software products.
Denis Smoliar – He is the Leader of the INTRO Development Team. He has over 10-years of IT experience. In 2011-2016, he was the team lead in Rosgosstrakh Bank; in 2016, he joined INTRO RUS team. He is the Head of the Development Division and supervises the project of blockchain integration in INTRO products’ ecosystem.
Timur Zainullin – Timur serve as the Head of Government Relations at the firm. He has 10-years-experience in public and political work. In 2014-2015 was elected as a deputy in the Ufa Municipality Council. In 2015, he took a position of the deputy Chairman for housing policy and infrastructure development in the Youth Chamber of the State Assembly of Bashkortostan. Since 2015, Timur has become a member of the Youth Assembly of BRICS.
Diana Imamgaiazova – He serves as Head of Communications at INTRO. With over 10-years experience in media communications, she was published in Russian and foreign mass media: The Kommersant, RBC, Deutsche Welle, The Local and EWDN. During the last 3 years, she has been engaged in international communications for IT startups, including coLanguage and Truecaller projects. Diana holds a Master’s Degree in Management (Higher School of Economics, 2013) and Media Communications (Stockholm University, 2016).
Alexander Kolesnikov – He is the Head of Marketing for INTRO. He has been working in online marketing and b2b sector for more than nine years. Developed international contacts in the logistics company “Russian Trading Partner”. Alexander has worked as a CEO in mebeel.ru e-commerce project and CEO in Mister Kim furniture wholesale company. He is also the co-owner of the Inbreak Digital Agency.
Jason Hung – He a serial entrepreneur and inventor in mobile technology, blockchain ecosystem, digital marketing, AI and ERP related business. He is the co-founder of Treascovery, Chidori, TimeBox, and CoinArt. And help on more than 25 ICOs as an advisor.
Amarpreet Singh – Amarpreet serves as the Blockchain and ICO advisor to the firm. He is one of the leading advocates and contributing member of Global Blockchain community, Senior Advisor of Global Blockchain Foundation and is an Advisory Board Member of many Blockchain projects around the world.
Phillip Nunn – Serving as the ICO advisor to INTRO, Phillip is the CEO of Wealth Chain Capital and Managing Director of Stockholm IT Ventures (SVAB) – one of the first main market listed companies (Previously $1bn market cap). With 15 years of experience in financial services, he is one of the world’s leading figures and voices in digital technology, Blockchain and the impact of these on the world.
Vladimir Nikitin – He is cryptocurrency enthusiast, ICO advisor and a professional consultant with over 10 years of experience in the legal, finance, marketing, retail, and IT industries. He is currently consulting multiple firms including EverLife.AI, Indium Project, Immo Foundation, Tombola, EZ Exchange and Rubius Inc.
Valeriy Kolyada – Marketing Advisor to the firm since 2017, Valery has been engaged in marketing since 2004; In 2014, he entered the field of online marketing, starting from blogging and internship in Aviasales Marketing. Then he launched own online project, StrakhovkaRu, now the leading search engine for private insurances in Russia.
Marat Vailev – Financial Advisor Financial Advisor for Investment Projects. He worked as an investment advisor in insurance and production sector in Russia and the US, including projects for Grant Thornton, State Street, and Rosgosstrakh. He specializes in analysis of investment projects and the financial strategy of businesses. He earned Ph.D. degree in Economics, MBA, and PMP project manager’s certificate.
Albert Mannapov – Serving as Facilitator at INTRO, he is the CEO of business accelerator “Way to Innovation”, one of the largest IT accelerators in Russia. He runs educational and networking events for startups and the tech-community across the Ural region. He is among the first crypto evangelists in his region and a co-host of the International Blockchain forum in Ufa (October 2017)
Aleksandr Lazarev – A Business Coach at INTRO, he has over 10-years experience in Sales and Coaching. Until 2016, he headed Kvartal real estate agency in Ufa. Currently, he is the managing partner of Assensus Interaction Academy, a business coach, and a tutor. In 2016, he won at Rosneft science and technical conference, and in 2013, at the Ufa Business Coach contest.
Dmitry Pogorelov – He is a Project Manager as well as Information Protection Advisor at INTRO Technology Rus. Dmitry has over 14-years IT experience. He headed the IT division of MegaFon in Bashkortostan; later became IT Director at Ural Loto. Dmitry earned the Ph.D. degree of Technical Sciences in Information protection.
Dinar Semenov – Trader Trader and Investment Advisor. He has been involved in the trading business for over 5 years, working in the investment division of Sberbank and in Otkrytiye Broker. Recently, he has switched to crypto trading and consulting. In addition to the main specialization in finance, Dinar has an education in Business Informatics (USATU 2015)
The vision Eternal Trusts has come up with is quite incredible. They are offering a blockchain-based platform to formulate the purchase of products and services of advanced biomedicine of the future autonomously directly to the customer or user through the use of trust fund.
Eternal Trusts conducted their pre-sale between 22 March 2018 and 30 May 2018, distributing 200,000,000 ETT tokens. The ETT token is an ERC20 type utility token. The token price was set at 0.01 USD during the event and the firm managed to raise $1,000,000 at the end of the pre-sale.
The Eternal ICO began on 01 June 2018 and will end on 01 Oct 2018. The firm will release a total of 1,750,000,000 ETT tokens during the ICO, selling each token at a price of 0.021 USD. However, with the bonus event running parallel to the ICO, 250,000,000 ETT tokens will be given for $0,014, 500,000,000 ETT for $0,018 and the rest 1,000,000,000 ETT for $0,021. The sale also offers 5% bonus if you buy more than 10 ETH worth of tokens.
The project’s soft cap is set at 7,000,000 USD (fiat), and there was no hard cap at the time of the pre-sale. The hard cap target is decided to be 25,000,000 USD after the successful run of the pre-sale actually. So far the ICO has managed to raise 5,036,141 USD i.e. about 20% of its hard cap goal at the time of the writing. The way ICO is progressing, though it may not hit its hard cap, we expect it to come pretty close to it.
You can buy the tokens with BTC, ETH, BCH, LTC, and DASH. But if you are from any of these counties – Afghanistan, Central African Republic, China, Iran, Pakistan, Singapore, Somalia, Sudan, Syria, Taiwan, United States, Yemen – you are out of luck, as the firm has banned the ICO sale there.
To purchase these tokens, Eternal Trust has adopted whitelisting where after you submit a KYC, the experts decide on who to allow in the purchase and award the tokens in multiple ‘waves’. The first wave was till July 1 and second one till August 2. Note here that the team will give away the ETT tokens in your ETH-compliant wallets after the end of the ICO. The team is yet to announce a date when the tokens will be available on exchanges.
The firm has generated total 3,000,000,000 ETT number of tokens. And they have distributed the tokens between multiple segments – 65% for token buyers, 10% for the Team, 5% for advisers, 5% for bounty, and 15% is kept for reserve.
Eternal Trust has opted to allocate the money raised from the ICO as follows – 3% for research and development, 35% for sales and marketing, 13% for payroll, 3% for Supervisory Boards’ remuneration, 4% for administrative cost, 2% for legal expenses, and 1% for other expenses.
An interesting feature Eternal Trust offers is the concept of DAO Directors. If you have more than a threshold number of ETT tokens, then you can act as a DAO director, and therefore have the right to cast a vote (level 1), to issue proposals for setting up the Purpose Execution Flow (level 2), and to offer proposals and initiate voting to change the structure and parameters of the whole DAO (level 3).
The Eternal Trust platform brings technologies of the future like cloning, stem cell storing and DNA for treating several life-threatening ailments to the doorstep of customers. These technologies are neither legal or accessible at the moment, as they are under research. But once available for sale in the future, a user can hire or contact such biomedical researchers over Eternal Trust platform by paying them in ETT tokens. The system will automatically generate smart contracts for every step and keep track of those. The users’ ETT tokens will be held in the form of trusts signed with the Eternal Trust and kept in the blockchain for data security i.e. prevent against loss and forgery. The firm will keep these trusts safe for over centuries. Therefore, Eternal Trust is building an AI framework that will independently search for suitable contractors for users.
So what are the areas of future biomedical service Eternal Trust is eyeing? Here is some example –
- Human life extension through organ replacement – artificial or donor
- Extension and protection of people with anabiosis or cryopreservation.
- Transferring human consciousness to other substrates while preserving their brain chemistry; also scanning and emulating consciousness on a computing platform.
Eternal Trusts has an excellent team of professionals and advisor from different fields like asset management, trust establishment, blockchain development, and biomedicine – probably one of the best team in current ongoing ICOs.
Kirill Silvestrov – CEO of Eternal Trust. An investment banker with more than 15 years of experience in C-level positions. Portfolio investor in biotech companies. He has served as VP of Alfa Bank and Antanta Capital, as well as worked as Head of Sales at TKB capital. He has an MBA from INSEAD business school.
Mark Lea – Mark is the Head of Legal. He is an ex-adviser to the Government of Singapore on the establishment of trust legislation and the Trustees Act of Singapore. Under his leadership, changes and additions were made to the Hong Kong Trust Law. He is an adviser to the Malaysian government on the development of the Labuan legislation, including the Trust Law, the Associations Act, the Foundations Act. He is an international adviser to the Government of Samoa and is the creator of the new law on trusts Foundations Law & Trustee Companies Bill.
Benit Vulic – Benit is the Chief Investment Officer of Asset Management of the firm. He has more than 10 years of asset management experience in leading global investment companies including Uralsib, Analyst Macro, LCL. He has experience in managing “funds of funds” and active portfolio management. The developer of the Eternal Trusts investment strategy.
Artem Ananyan – Artem is an Economic analysis and financial modeling professional with 15 years experience. Majors in capital markets for over 10 years. He has extensive skills in tailoring investment projects and deals in fields of the stock market, mutual investments, and securitizations. Artem has served as Deputy CEO for GFT Group and Gazfintrust.
Evgeny Butyukov – CTO of Eternal Trust. Senior web engineer with six years of experience developing commercial systems in the B2B segment. Founder of Batyukov Studio LLC. The main area of expertise: architecture design for web applications and e-commerce software development.
Diana Decca – Chief Strategy Officer for the firm, Dr. Diana Deca, a neuroscientist and a philosopher, she is experienced in postdoctoral neurophysiologist combining two-photon imaging and neurophysiology. Majored in Philosophy of Science, held positions at the University of Oxford, Technical University Munich, Norwegian University of Science and Technology, University of Southern California, OS Fund and Carbon copies.
Ilya Sapranidi – Chief Marketing Officer to the firm. Ilya is a Researcher at Carboncopies on Neurotechnology. 8 years of R&D experience in Neurocomputing, 4 years in Innovation Management and Technology Entrepreneurship. Student of MIT Global Startup Labs 2017.
Randal A. Koene – Advisors for Biomedicine, Randal A. Koene is a Dutch neuroscientist and neuro-engineer. He has co-founded carboncopies.org, the outreach and road-mapping organization for advancing Substrate-Independent Minds. He has worked as a Professor at the Center for Memory and Brain of Boston University and co-founder of the Neural Engineering Corporation of Massachusetts.
Robin Hanson – He is the financial advisor to Eternal Trust. Robin Hanson is an associate professor of economics at George Mason University and research associate at the Future of Humanity Institute of Oxford University. He has a doctorate in social science from California Institute of Technology, master’s degrees in physics and philosophy from the University of Chicago, and nine years experience as a research programmer, at Lockheed and NASA.
Aleksey Pupyshev – Smart Contracts & Product Architecture advisor to the firm. Aleksey has experienced Data Scientist and Artificial Intelligence Applications Consultant and a Neuroscientist. He has previously served as a Data Science & Engineering Group Manager at Wrike, a former artificial intelligence expert at MailRu Group. Founder, Research & Strategy at Ventuary, an analytical platform of token sale campaigns. Organizer of the Blockchain Analytics MeetUp.
Dinesh Atoliya – Advising on Smart Contracts & Blockchain, Dinesh is the CTO of Techracers, a large blockchain solutions provider and a partner of Eternal Trusts. He is an accomplished executive with more than 10 years of experience in bringing focus to innovation, revenue growth, and building teams.
Jillian Godsil – Advising Eternal Trust on Public Relation, Jillian has held senior positions with global PR companies in Sydney, Singapore, London, and Dublin. She was PRO of Iona Technologies (Ireland’s first company to float on NASDAQ). She is a freelance journalist with CryptoCoin.News, The Irish Independent and The Irish Times. She has her own radio show on DublinCityFM. She is an advisor to a number of ICOs, has been named a Crypto Queen by In Zero Conferences as well as listed in the 50 most influential women in blockchain roll call.
Sergey Kiselev – Hired as strategy advisor, Sergey is the former partner of the consulting group Mckinsey in the CIS with more than ten years of experience in determining company development strategies and working with the regulation of various industries. He is engaged in the development of business in Europe in the innovative transport sector, including cloud and blockchain technologies.
Igor Karavaev – Advisor on Investor Relations for the firm. He is a serial advisor for Investor Relations projects, top-expert ICOBench. Executive Director Skolkovo Foundation, a leading high-tech incubator startup. Head of Strategy, Business Development, investments of the largest multinational companies.
As you might have guessed from the name, it is another project related to biotech. But how GENEXI differs from Eternal Trust is that the Russia-registered firm focuses on the drug counterfeiting, quality assurance, and transparency part in the biotech industry.
The blockchain-based platform offers a complete solution that helps biotech start-ups and projects help find advisory, financial support and network building. While users can join the system to find accurate data on bioproducts, distributors can offer their services, as well as third-party service providers, support other members of the GENEXI community. The firm will also provide the marketplace for side services, such as research centers, laboratories, and institutes. What it means is GENEXI team has a solution for the entire supply chain management, providing both the platform and a foundation to connect biotech producers, distributors, retailers, and end-consumers.
GENEXI’s pre-sale round ran for a month, from May 1, 2018, to May 31, 2018. The firm offered a 20% bonus during this period. The GEN token is an ERC-20 type utility token and priced at $0.01 USD.
The firm is conducting the ICO event in 4 rounds from June 1 to August 31 and like the pre-sale has offered varied bonus offer for each stage. While the Round 1 (1 June – 14 June) offered a17% bonus, Round 2 (15 June – 05 July) 9% bonus, Round 3 (06 July – 26 July) 5% bonus, the Round 4 (27 July – 31 August), which is currently going on offers a 2% bonus. The bonus tokens will be distributed after the ICO. Though there is no whitelist, a KYC is needed to be filled up for participation and for that you need to upload your photo, a photo of your document and both of you together!
The soft cap goal GENEXI has set for it is $20,000,000 and their hard cap target is $70,000,000 USD. So far they have collected $13,307,069 by selling 1,517,640,636 tokens out of the total 8,400,000,000 GEN tokens available for sale. So what will happen to those unsold tokens? The team has decided to burn those unsold ones once the ICO is over.
Good news is if you want to purchase the GEN token, GENEXI has given a lot of options – you can opt for either of BTC, ETH, BCH, XMR, DSH, LTC, B2B, and USDT. You can’t buy the tokens only if you are from the US.
The firm will be allocating the funds among various segments like other ICOs – 60% for Community Grants, Partnerships & Software Development; 20% for Marketing and Business Development; 10% for Operational Expenses; 5% for Legal Expenses; and 5%for Misc and Unexpected.
GENEXI has generated a total of 12 billion GEN tokens. The team has distributed the tokens as follows – 70% has been reserved for Public Distribution, 10% for long-term Foundation Budget 15% for Founders and Team, and the rest 5% for Advisors and Early Contributors.
The GEN token is obviously the primary medium of exchange in the ecosystem, and it will be used to transfer value between distribution chain partners – paying up each other for different service or create contract etc. Having the token will also grant you right for specific access to the platform. Lastly, it will also be used as the rewards for the user’s loyalty via the bonus program.
The platform allows a biotech producer to focus solely on development and production of drugs first, significantly cutting the costs of consulting and marketing, thus providing the ability to attract multiple distributors without having to even establish a wide range of products first. As for the distributors and retailers, they will have access to a rapidly growing number of cutting-edge biotech-product available within the GENEXI QA Control System.
The firm’s blockchain-based Product Authenticity Verification System keep full track of the supply chain, authenticity verification, and complete production data and report by saving it in the ledger, making the entire cycle fully transparent. This information is available to all the GENEXI ecosystem participants. Additionally, the statistical data obtained via shipment tracking will contribute a lot to the firm’s market development and could open up an additional source of income through e-commerce processes. This part may sound very similar to what projects like WaltonChain has set up to do, but only in a different niche. Therefore what GENEXI brings to the biotech market is sharing economy, serialization, and transparency to counter fraud.
What makes GENEXI an interesting project is definitely their focus on the booming biotech industry. In the year 2017, venture capital funding for digital health saw $4.5 billion market value – 109% up than in 2016. Also, the market survey suggests that the biotech market value is likely to cross $2 trillion by the end of 2018, and 67% of the revenue coming from the sales of biotech and pharmaceutical products. In 2018, the value of the global healthcare industry stands at $1853 billion USD. Thus the global biotech industry is expected to register a stable annual growth of around 4.9% during the next 5 years.
Katrina Arden – Katrina Arden is a licensed in the State of California, the United States, and in the Russian Federation and is the founder of Blockchain Law Group. She has ample knowledge in managing different domestic and international issues, which includes structuring international transactions, working on the multimillion-dollar lawsuits involving securities fraud and tax compliance and security regulations. In addition to her legal education, she has also acquired a Masters degree in Financial Management.
Alexey Zhelyaskov – Founder of GENEXI, Alexey has over 12 years of professional experience in investment management. He is also the President of JFSC Atlant and has skills in Asset and Investment Management, Project management and Business Strategy. He has built several successful companies in the financial and real estate sector. Alexey focuses on venture capital business, where he supports innovation and facilitates entrepreneurship giving his knowledge to young entrepreneurs. He tries to make investments that solve critical social and environmental issues.
Alexey Kirillov – Alexey is the Co-founder and COO of Genexi. Right from the beginning of his career, he worked in sales, marketing and consulting multinational companies. He mostly worked with Swiss wealth management firms to support the expansion of their operations to CIS markets. Afterward, he started investing in the crypto space and became a cryptocurrency trader and portfolio manager. At present he manages over $20 million portfolios.
Roman Gilvanov – Before joining Genexi, Roman was CEO of IronFX Russia; it is one of the largest European FX brokerages and has more than 80 branch offices around the world. He was a project manager in various IT start-up companies and was managing 15 local teams on three continents. He has Bachelor’s degree in Human Resources Management/Personnel Administration, General from Moscow financial and industrial University synergy
Aleksey Nosikov – Alexey is Head of Operations of Genexi’s office based in Moscow. Founder of Zencomplex and co-founder of Connectius, he was in charge of applying and scaling the social side of the business in Connectius. He has a bachelor degree in Economics from University of the Russian Academy of Education
Sergey Tiurin – Sergey is a doctor of medical sciences having 35 years of experience and is now the Head of Medical Research at Genexi. He is the founder of “BIOS” an innovative company. In 2017, he presented to GENEXI his unique technology of decomposition of bacteriorhodopsin, molecules of which are used in medicine, cosmetology, agriculture, and IT.
Bogdan Stepanov – Bogdan is the Head of Business Development at Genexi. He was formerly an assistant private banker for Union Bancaire Privee, a Swiss private bank. He joined Toscafund as a research analyst and was engaged in hedge fund industry before. He has done his BSc (Hons) in Economics from Queen Mary University of London.
Anton Sklovets – In Genexi, Anton’s focus is to research and manage the quantitative team. Previously he worked for the leading Russian pharmaceutical companies and there he was in charge of the investment side of the business. He has done MSc in Finance from the Financial University under the Government of the Russian Federation
Roel Wolfert – Roel is now the advisor of Genexi. Being the Chief Operating Officer at Qoin, he focuses on policy, legal advice, monetary design and tokenomics development. He is also an external advisor to KICKICO and Bancor Network projects. He has done his MSc in Economics from Maastricht University.
Oliver Bussmann – Oliver is the Founder and CEO of Bussmann Advisory AG and President and Co-Founder of Crypto Valley Association. He is also an advisor to Nationwide Building Society, Ripple, Shapeshift.io and various other startups. He has a Business Administration degree from University of Münster
Malcolm Tan – Malcolm Tan is a lawyer from Singapore. He has an extensive experience in the construction, telecommunications, engineering, IT and financial industries. He is also expert in litigation, corporate law, and acquisitions. He is also a founding member of CoinStreet Asia. He has a Law degree from the National University of Singapore.
Anti Danilevski – Anti is the founder of KICKICO platform and was a producer at Fainfusion games and he leads the biggest Russian crowdfunding community. Since 2014, he is in the blockchain community. He has a bachelor’s degree in Cinematography and Film/Video Production from Saint-Petersburg University of Cinema and Television.
Richard O’Rourke – Richard is the Managing Director at Kinetik NRG and was also former Managing Director of Leapfrog Finance and director at ASPO Ireland for 7 years. He also founded the software company KineMatik in 2000. He has an MBA degree in Energy from University of Warwick – Warwick Business School and MSc in Environmental Policy & Regulation from The London School of Economics and Political Science (LSE)
Manuel Rimarachin – Manuel is the regional representative of numerous ICO projects in South America. Now, he is an active member of the crypto community and presently became an advisor on the implementation of blocking technology into the public sector in Peru. He holds an international MBA degree from the Peoples’ Friendship University of Russia.
Enlte is at heart a decentralized social network or socionet as they call it. The vision it has is very noble. The blockchain-based platform helps to create a peer-to-peer network of people, where the users can share (broadcast) any issue and rate their experiences with others in the Enlte network in real time, creating social awareness and seek help or provide help to each other. Basically, the aim is to create a truly decentralized social awareness system that rewards the user for doing so.
According to Enlte’s website, the entire public-sale is scheduled as follows –
PRE – ICO $0.016 1st March, 2018 – 1st April 2018
ICO STAGE 1 $0.032 1st April, 2018 – 1st May, 2018
ICO STAGE 2 $0.064 1st May, 2018 – 1st June, 2018
ICO STAGE 3 $0.080 1st June, 2018 – 1st August, 2018
CROWDSALE $0.080 1st August, 2018 – 1 st September, 2018
But Enlte has changed their schedule a bit. It has allocated a total of 1 billion tokens i.e. 10% of the total for the public sale. The Enlte team has completed their pre-sale event in the first quarter of this year – from Feb 22, 2018, to Mar 15, 2018 – distributing 275,000,000 tokens during the event. The price of a ELT (also denoted as ENLTE) token at that time was $0.16 USD. But the investor had to buy a minimum of tokens of worth $160 USD. The team has also offered a 100% bonus for first 25 million tokens. Just for the record, the ELT token is a utility token.
For the ICO, the team allocated 750,000,000, after selling about 250 million tokens in their pre-sale. Enlte’s ICO event started on Mar 15, 2018, and ended on May 15, 2018, collecting 1.2 million USD. For the ICO ran from Mar 15 to Apr 15 the token price was $0.032 USD and for the second one from Apr 15 to May 15 the price was $0.080 USD. Currently, their crowdsale event is on which will end on September 3, 2018.
The hard cap goal of the firm is $20,000,000 USD and so far the team has managed to raise $7,000,000 USD i.e. 35% of its hard cap target. You can purchase the ENLTE token with BTC, ETH, LTC or Wave at a price of $0.016 USD each. The entire public sale event is now almost 87% complete and the team has managed to sale about 50% of the tokens (500 million) allocated. The team has announced that all the unsold tokens will be burned. The exchange launch is expected to happen in this September, as soon as the crowdsale is over.
The Enlte team has decided to generate total 10 billion ELT tokens and allocated those as follows – 50% for Public sale, 20% for Reserved, 20% for the Team, 6% for Community, 2% for Marketing, 2% for Legal. It seems this is actually a well-thought-over allocation for this project.
The firm will allocate the funds raised through the entire public sale between multiple segments their company – 5% for App maintenance, 5% for Smart City, 11% for Yolo Implement, 11% for inbuilt Exchange, 16% for Android App, 16% for Web Search Optimization, 21% for IOS and Web App, 11% for Marketing, and the rest 5% for Legal matters.
The ENLTE token has two main rewarding methods in the ecosystem. The users who can earn the tokens as rewards are either the ones who are active on the network by posting or reviewing experiences and the ones who respond to calls for assistance from other users of the network. The main benefit to early investors in the token appears to be the prospect of profiting from increases in token valuation that will likely happen if Enlte gains a large number of users. According to their website, the current user count stands over 450,000.
The team’s idea is not unique in the sense that there are other projects like Sphere and SocialX who also have the vision to create a decentralized social network. But where Enlte stands out is it has actual code on GitHub and the team’s focus on their so-called small-world networking is also novel.
Enlte gives real-time updates of nearby happening and a quick call to action to help others nearby and earn enlte coins in return, it also includes AR, BLE and Nearby Notification. Using location-based searches and keywords, the Entle team aims to make it easy for users in close physical proximity to connect with each other, even if those people might otherwise not be able to find one another. They may choose to share their identity or remain anonymous. The blockchain guarantees that the user identities are not tampered with.
For all these, all you need to do is install the Enlte app on your mobile. There is also a chance to earn a referral bonus of 500 tokens for each individual who register using your referral link. You can also expect to reap big from the inflation of cryptocurrency. Additionally, your phone will mine Enlte tokens passively the more you utilize the Enlte app.
Anupam Sharma – Anupam is a Serial Entrepreneur. He is a programmer with a background in Cyber Investigation and has over 7 years of experience programming data mining software and also in Artificial Intelligent cyber security. Anupam was previously the co-founder and CEO of MPAs Worldwide as well as the ex CEO of Hacksurance and ex MD of Aorso Technologies.
Abhinav Sharma – With over 5 years of experience in sustainable development and information technology as well as 2 years of experience in Reputation Management, Abhinav is currently associated with Enlte as it current COO. He has completed his BSc and MSc from National Institute of Information Technology. He was previously associated with The Ridge – Environment Consultants and Rain Water Harvesting as a Project Coordinator and with ICLEI South Asia as a City Project Associate.
Rakesh Kumar – Rakesh is the Chief Technical Officer at Enlte. He is a Master in Computer Applications (MCA) from Lovely Professional University and has over 7 years of experience programming in Android, Node Js, Java and Socket Programming. He also has around 5 years of experience developing Blockchain systems and Centralised Payment Softwares. He was previously associated with Seasia Infotech as a Senior Android Developer and with Intersoft Professional as an Android developer.
Varun Sharma – Varun is the Creative Director at Enlte. He has over 2 years of experience in Animation, Movies Editing and dramatic content creation and over 5 years of experience in technical tools. He is currently associated with Bullston as a Video Editor and with Gaea Global and NH21 Studio as a Freelance Video Editor. He has done a Film Appreciation Course from Film and Television Institute, Pune and also a course on Video/ Audio Editing, Post Production from Rk Film and Media Academy, New Delhi
Abhishek Rana – With over 5 Years of experience in semantic search algorithms, Abhishek is associated with Enlte as a Search Scientist. He also possesses extensive knowledge of Google Search Algorithms and also of Live Data Search Algorithm with spam protection. He is also a Digital Marketing Expert and has worked with various companies. Abhishek is also a Bachelors degree in Computer and Information Sciences and Support Services from NIIT.
Vladimir Nikitin – Vladimir Nikitin is the chief advisor for Enlte. He is a top-level legal consultant, ICOBENCH EXPERT and Cryptocurrency specialist. He has years of experience in marketing and strategic growth and hence is a consultant for BEATRĪX AG, EverLife.AI, Incodium Project, IMMO.FOUNDATION, Tombola, and many more such startups. He has a Master of Law and a Master of Economics degree from Russian State Social University (formerly Moscow State Social University)
Nikolay Shkilev – Nikolay is the technical advisor for Enlte. He is an Entrepreneur, CEO, ICO Advisor, Crypto enthusiast, Blockchain expert. He founded the “Private Business Club” and owns dozens of successful business projects. TOP ICO ADVISORS was co-founded by him and are one of the top 3 experts at ICObench. He was also a Candidate of Economic Sciences from St. Petersburg State University of Economics and Finance.
Nicolas Cheun – Cheun is Legal & Strategy Advisor for Enlte. He is an extensively experienced Legal Consultant and an Investment Banker as well as a tax & IP specialist in many major corporations. Cheun also has strong knowledge of cryptocurrencies and blockchain technology and is a crypto investor and enthusiast.
Amarpreet Singh – The same one associated with INTRO’s advisory board. Amarpreet is Enlte’s Strategy & Relationship Advisor. He is a Technology/Digital enthusiast and has many years of vast experience in operations, consulting and in the innovation of the Tech industry. He is one of the contributing members of Global Blockchain community. He is also a Co-Founding Member at Malta Blockchain Association, a Board Member (Blockchain Advisory) at GOeureka, the Global Head of Strategy and Business Development for TokenAsia Platform and was even previously employed at Microsoft and The World Bank. Amarpreet has MBA degrees from the National University of Singapore and Fudan University as well as an MA in Economics from Toulouse School of Economics.
Ubex is a global decentralized advertising exchange where companies can advertise effectively, while publishers profitably tokenize ad slots on their resources. In plain words what it does for its member networks’ websites is, through the use of its neural network-based algorithm, it assesses the interests of the visitors, calculates the likelihood of targeted actions for all advertiser offers, and choose the most suitable advertisement. Basically, Ubex tackles the issue of low confidence in purchasing digital advertising for its members.
UBEX is token is an ERC-20 type token. But the UBEX token is neither a security nor a utility token, it is a payment token and will be used within an operational application.
UBEX didn’t hold any pre-sale and directly started with their ICO campaign. The token sale event started on May 21 and will end on August 13, offering a total of 2,880,000,000 UBEX tokens for the ICO. Throughout the event the UBEX team has offered varied weekly bonuses – (May 21 – May 27) – 20%, (May 28 – June 03) -18%, (June 4 – June 10) -16%, (June 11 – June 17) – 14% (June 18 – June 24) – 12%, (June 25 – July 01) – 10%, (July 02 – July 08) – 8%, (July 09 – July 15) -6%, (July 16 – July 22) – 4 %, (July 23 – July 29) – 2%, (July 30 – August 13) – 0%.
A participant has to buy a minimum of 0.01 ETH, but there so maximum personal cap the team has set. Though for participation, UBEX didn’t have any whitelist, they did ask for a KYC. After the ICO, every participant has to provide their personal information to receive their tokens onto their personal Ethereum wallets. The remaining unsold tokens will be burned. The team will give the tokens on August 13 itself, and by August 20 they should start exchange trade.
The UBEX team has set a very modest target for themselves. Their soft cap goal is 4,000 ETH (1,802,760 USD), while their hard cap goal is 24,000 ETH (10,816,560 USD). The team has managed to raise 23,415 ETH i.e. about 97.5% of their hard cap goal so far. With just more than a day to go, it is very likely that they will hit their hard cap target. The current UBEX token price is 0.00001 ETH and you can buy the UBEX token via ETH, BTC, and LTC, well only if you are not from the US, Iran, or North Korea.
UBEX has a total supply of 4,000,000,000 tokens. The team has distributed the tokens as follows 72% to Community (2,880,000,000 UBEX), 15% for Team & Advisors (600,000,000 tokens), 10% for Reserve (400,000,000 UBEX) and the rest 4% for Bounty (120,000,000 UBEX Tokens). The team and the advisors have their tokens locked for a period of 12 months.
The team has intelligently allocated the fund – 30% for Product Development, 22% for Marketing & Partnerships, 18% for Business Development, 14% for Management, 10% for Operations, and 6% for Legal matters.
The mission of the Ubex team is to create a global advertising ecosystem with a high level of mutual trust and maximum efficiency. Using the system, advertisers can automatically purchase ad slots. The UBEX token will act as a payment unit on the Ubex platform. The token is used to credit funds from advertisers’ accounts for the displays of advertising materials that they have bought. The token allows for setting quotas to a specific address within which the owner of the address can use the funds available on the account. Crediting is possible only on condition that the account holder has established the size of the quota and only from the address to which the quota is issued, otherwise the funds cannot be credited.
Another great value UBEX gives is their reward system. The Ubex platform will reward the websites owners providing statistical data for training of the system core with UBEX token – very similar to mining. Also, 5% of the income from all Ubex transactions will be distributed to the data providers.
Their advertising management app prototype is ready. UBEx has partnered with quite a reputed names including MLG Blockchain Consulting, Nvidia, SingularityNET, BitForex, CryptovalleyLabs, Superbloom, Civic etc.
UBEX’s team is actually one of the most important assets that have increased investor interest in their ICO.
Artem Chestnov – Artem is the CEO and Co-founder of Ubex. He has a background in marketing, mostly focused on the European market. He was also Ex-Marketing Director of AB InBev, Belgium. He is a specialist in the blockchain technology, brand and product launches, portfolio strategy, and promotions. Artem did his MBA from INSEAD and also has a Bachelor’s degree in Industrial Management from The Baltic State Technical University and spent most of his career in the Netherlands and Belgium. He was head of marketing and innovations for a major consumer goods company.
Daniel Biesuz – An expert at the intersection of law, business, and technology, Daniel Biesuz is one of the co-founders and Head of Legal of Ubex. He is also the Advisor to many Blockchain & ICO Companies. He closes the gap between new tech and traditional legal and financial business. He has built his career in the legal space, helping the M&A process of companies in Switzerland.
Andrew Rippon – Andrew Rippon, a Blockchain technologies specialist, is the COO of Ubex. He is also a BLOCKCHAIN & ICO Technology and Investment Advisor, a Blockchain Investment Partner, the Co-Founder of Fiduxa and the Board Advisor at EVEN & SKYFChain. He was previously the advisor to Smart Dubai Office, an initiative of the Executive Office of HH Mohammed bin Rashid Al Maktoum and the DESIGN AUTHORITY for the Smart Dubai Platform. He is Fluent in English, French, Italian, and Spanish.
Ekaterina Anthony – She is the Head of Global Sales at Ubex AI. Ekaterina is also the CEO & Founder of FINVESTECH.ch, marketing and legal solutions for ICO/TGO/Crypto Funds. She is a Graduate in Economics and an MBA in finance management from California State University. She has more than 20 years of experience in sales and business development management. She is based in Switzerland and an active member of the Crypto Valley in Zug.
Alberto Maiorana – Alberto is Ubex’s Strategic Partner. He is also a Senior Regional Manager (International Markets) of The Pokémon Company International from Jan 2017. He has more 15 years of experience in marketing and business development and has been working with GM, English Premier League, Star Wars, KHL, UEFA Champions League and on the international level, particularly across Europe.
Alex Korobkov – Alex is Ubex’s IR director and General partner at 4Blocks Capital Partners. He has strong expertise in investments, IR, capital attraction and comprehensive consulting of ICO & VC projects. Alex has more than 18 years of experience in the top and mid-level management positions in Venture capital and private equity. He has worked in 13 countries and has highly developed analytical skills, global thinking applying structural and system approach, diving into details where it’s needed.
Sergio Pereira – Sergio is an advisor for advertising and blockchain at Ubex AI. He is also the co-founder and managing director at ComparaJá. He is a financial expert with over 15 years of experience. He has graduated in Electric and Electronic Engineering from the Imperial College in London and Management degree from there. He also completed his MBA in Business Administration from INSEAD.
Sergiu Draganus – Sergiu Draganus, the Co-founder, and CEO of CryptoCoin.Pro is an IT specialist with over 18 years of experience. He is also a Co-Founder at Swiss Crypto Exchange AG, Zürich, in Switzerland. He has also attended as a speaker on Cryptocurrencies, Blockchain innovation and Big Data Acquisition projects. He was associated with many leading IT companies and crypto projects as CEO, Concept Architect, Board member, and technical advisor.
Ali Kassab -With over 20 years of experience across multinational cloud software and digital payment companies, Ali Kassab is a self-made businessman and serial entrepreneur. He facilitates and provides investment services. He is an innovator and technology enthusiast. He has led successful projects in Europe, North Africa, and the Middle East.
Javier Gonzalez – Javier is the founder of VentureSpec and is the Senior Partner of Southern Europe – Avolta Partners. He is a former Rocket Internet MD and at present gives boutique advisory services. Javier completed his Master’s in Business Administration from INSEAD, Telecommunications Engineer Masters from ENSEA and Systems Analysis at the University of Miami.
Igor Selivanov – Igor is a Senior Full-Stack & Blockchain Engineer. He was very much fond of science and computer games since childhood and had outstanding abilities in the field of choosing non-trivial algorithms for solving problems. After completing his graduation, Selivanov started working in the finance sector. There he took part in many major projects from development of websites and corporate CRM to billing systems.
Blockchain.io, a France-based project, is the new crypto-exchange launched by Paymium.com. Though the firm has just completed their pre-sale and yet to start their ICO, we have decided to include it because of its importance over other ICOs. Blockchain.io is built on Paymium, Europe’s first Bitcoin Exchange platform. The reason to decide on this is it has a dedicated team, a project in motion, a string of noteworthy partners and an existing user base, thus making it one of the most promising ICOs of 2018.
Blockchain.io’s pre-sale started on July 16, 2018, and will end on August 16, 2018. The ICO event will start on September 17, 2018, and end on October 14, 2018. The total token available for sale is 120,000,000 BCIO. The token price is set at 0.7 euro.
Blockchain.io has set up a hard cap of 60,000,000 EUR (68,520,000 USD) for them and has already hit 58.3% of the target. You can purchase the ERC-20 type BCIO token via ETH and BTC. If you haul from these countries you can’t buy the tokens and the list is quite long for that matter. Apart from a ban on US, these are the other countries – American Samoa, Bahrain, Barbados, Ethiopia, Grenada, Guam, Iran, Iraq, Macao, Marshall Islands, Mongolia, Namibia, North Korea, Palau, Panama, Saint Lucia, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, United Arab Emirates, Vanuatu, Yemen.
The firm has generated a total of 200,000,000 BCIO tokens. The team has distributed the as follows – 60% for Token Sale, 16% for the Team, 15% for Inventory, 5% reserved for Airdrops & ecosystem incentives, and the rest for 4% – Advisors.
BCIO token will be used in the ecosystem for multiple purposes apart from the obvious possibility of paying fees in BCIO token. While holding a threshold amount of token will provide the user with polls and surveys participation rights, the system will give BCIO as loyalty incentives for existing user base from Paymium and early users. Another usage is for discounted trading for token holders.
Blockchain.io allows users to access the Internet of Value. On top of the standard features, an exchange offers, Blockchain.io will also provide the possibility for entrepreneurs and institutions to perform their ICOs – from planning or execution to token listing on the platform. Another exclusive feature the exchange will offer is a decentralized settlement, which will allow users to trade without giving the custody of their coins to the platform while benefiting from a high-performance order book.
Pierre Noizat – Pierre Noizat is the Founder & CEO of Blockchain.io and also CEO of Paymium, he co-founded in 2011 as one of the world’s first Bitcoin exchange and Bitcoin payment solution provider. He is a recognized worldwide as an expert in the cryptocurrency industry and is also the co-Founder of the French bitcoin association. Pierre is a speaker at major conferences on the subject. He has written numerous books and articles about Bitcoin and the Blockchain. He has done MBA in Marketing & Finance from Columbia University – Columbia Business School.
Dominique Rodrigues – Dominique Rodrigues is the CTO of blockchain.io and Paymium. He has vast expertise in Cloud Computing: IaaS/PaaS/SaaS, Virtualization / Qemu-KVM / virtual machines orchestration, VDI / Remote apps, C++, Bash, developer, High performance/parallel computing, Clustering, Open Source – Unix/Linux, Seismology, Fortran and MPI developer. He is also the co-founder of Nanocloud Software (editor) and founder of nano cloud (VM hosting).
Pierre Tavernier – Pierre Tavernier is the present CMO of PAYMIUM and Blockchain.io. He was previously the Senior Manager at Kalane Consulting. He took his Master Degree in Management (Grande École), Corporate Finance & Financial Markets from EDHEC Business School.
Guillaume Berche – Guillaume is a Business Developer in Blockchain.io from February 2018 and in PAYMIUM from October 2017. Previously he was analyst & content manager in SI GmbH. He was engaged in Research of potential products to extend the range of product across various categories.
Paul Gaston Gouron – Paul is a Full-stack web developer (Ruby/Js) at Blockchain.io. He worked in both branding and data-based industries for about 5 years. He has good knowledge of Ruby on Rails, Node, React Redux, Sinatra, Backbone, Marionette and at present, he is learning Functional programming with Elixir (Phoenix).
François Véron – François is the Founder & Managing Partner of NewFund – an entrepreneurial, international, early-stage VC firm investing in France and the US. He was also an Investments manager in Cita Gestion from Jun 2001 – Sep 2007. He is currently looking for new investments opportunities for Newfund and business development for portfolio companies.
Xavier Faure – Xavier is a Partner at Spring Invest, Paris, France. Prior to that, he was Partner at 3T Capital, where he was generating deal flow, building a relationship with founders and negotiating deals.
Phil Dardier -Phil is a Partner of Tech VC Funding, M&A, ICOs, Estonian, and E-Resident. He is Specialties in Financial Innovation, Cryptocurrencies, Altcoin, VC Funding Series ‘A’ ‘B’ and ‘C’, ICO, Crypto funds, Impact Investing, Digital Sales & Marketing, Market Infrastructures and exchanges, European Union, Derivatives, and Equities.
Benjamin Grange – Benjamin is the CEO of Dentsu Consulting & COO of Dentsu France, the ACSEL Board member, the Crypto Asset France board member and the advisor for M Capital. As a CEO, he is very successful in the management of complex operations and P&L in turbulent environments.
Eric Poindessault – Eric is an advisor for Blockchain.io. He is a Tech entrepreneur and startup advisor and has over 10 years of experience in entrepreneurship and finance and more than 20 years of experience in software engineering. He is also the CEO of Biggerpan and an advisory board member for Azure Trend. He has an MSc degree in Strategy & Finance from EMLYON Business School.
Smart Trip Platform
Smart Trip Platform is a decentralized ecosystem that connects travelers and service providers and combines various functionalities needed for trips. The platform will have multiple social networking features like chat rooms, blogs, photos & videos, reviews etc. This will enable users to share their travel experience, find travel mates, build up their ratings and become travel influencers, or plan itineraries together to say a few. To travel business, the Smart Trip Platform will offer low commissions, direct access to a vast client base from across the globe, as well as affordable advertising on the platform.
All these will be done by using a token as a payment for all. The token name is TripCash and itis called TASH. It is an ERC-20 type utility token.
Smart Trip decided to do the pre-ICO event in 2 rounds – first from April 16 to May 13, 2018, and the 2nd one from May 14 to June 10. During the event, they made available 2,000,000,000 TASH tokens. While for the first one the token was sold for $0.007 – $0.008 USD, in the second pre-sale TASH price was $0.0082 – $0.0088 USD. Smart Trip offered an elaborated bonus program on token price for its pre-sale participants. Here it is – for round 1 on 1st day – 30%, 1st week – 25%, 2nd week- 25%, 3rd week – 20% and 4th week – 20%; for the Pre-ICO round 2 – 1st week – 18%, 2nd week – 16%, 3rd week – 14%, and for the 4th week 12%. In the pre-sale, the minimum contribution was $100 for round 1 and $50 for round 2.
In the case of ICO, Smart Trip also broke it up in 2 rounds. The ICO round 1 was live from June 25 to July 22 and the ICO round 2 has started on July 23 and will end on November 23, 2018. The team will distribute 1,000,000,000 TASH in the ICO campaign. They are also offering attractive bonus during the event – 10% on the st week, 8% for the 2nd week, and 5% on the 3rd week. The starting price of 1 TASH is 0.01 USD.
The team is also conducting a bounty program. As bounty rewards, the team will distribute up to 5% of the total supply of TripCash tokens after 10 days of handing over of the participants’ work. The bounty will be allocated as follows – 40% for Bitcointalk campaign, 30% for a social media campaign, 20% for content creation campaign, and 10% for translation & localization.
Smart Trip has kept their soft cap target at 1 million USD, but the hard cap goal at 25 million USD. Purchasing TASH is made easier with the option to purchase with BTC, ETH, LTC, BCH, XRP, DASH, and ADA.
The Smart Trip team has generated a total of 5,000,000,000 TASH tokens and distributed it between various parts – 60% for Crowdsale, 10% for Team & Advisors, 10% for Early Supporters & Bounty, and the rest 20% is kept for Reserve Fund.
The firm has allocated the fund as follows – 60% for development and initial Marketing, 15% for marketing, 15% for operations, 5% for legal, and the rest 5% for security purposes.
The TASH token can be used to do a multiple of things on the ecosystem –
- To pay for travel services e.g. hotel bookings, car rentals, tours, treks, etc.on the platform
- Business users can pay for advertising on the platform
- Fees on transactions and cryptocurrency exchange operations
- Rewards for activity on the platform or as prizes for winners of various competitions
- Cashback rewards
- Rewards for members for resolving conflicts on the platform
So what are the services or features the platform is offering? Smart Trip Platform will offer features like detailed pages on individual attractions – like a full-scale travel guide, compiled and edited by users, two-way text and voice translator, currency converter, weather forecast, Important safety tips and emergency assistance, event & festival calendar etc.
Ronald Slobodchikov – A Bachelor of Science in APSM with a Sports Management Concentration from Southern Methodist University, Ronald Slobodchikov’s field of interests lie in marketing, business management, and finance. He is the Chief Operating Officer (COO), Co-founder of The Smart Trip Platform. He had previously interned for Merril Lynch Inc and also for Marketing Arm Group.
Uldis Gaismins – Uldis is the Chief Financial Officer (CFO), Co-founder of The Smart Trip Platform. He has Bachelor’s Degree in Business Administration and an MS in Finance and Financial Management Services from The University of Missouri-Kansas City. He is also associated as a Sales and Finance Associate from Dafi LLC.
Arkadijs Slobodkins – He is the Chief Technology Officer (CTO) and Co-founder of The Smart Trip Platform. He is a Science graduate in Mathematics from the Southern Methodist University with a specialization in Computer Engineering. He is also pursuing his Ph.D. in Applied and Computational Mathematics from the Southern Methodist University. He specializes in numerical linear algebra and high-performance computing.
Jacob Cadena – Caldena is associated with The Smart Trip Platform as a Lead Engineer. He did his Bachelor’s in Applied Mathematics and Masters in Computational Mathematics from The Southern Methodist University. His field of interest is in Machine Learning algorithms like Generative Adversarial Networks and Artificial Intelligence.
Nikola Petrovic – Nikola is the Head of Marketing and Communications Chief marketing consultant for The Smart Trip Platform. He is also the Financial Director at the JKP Vodovod I Kanalizacija Stara Pazova and also the Finance Manager at the Public Utility Company “VODOVOD I KANALIZACIJA” j.p. He has done his Bachelors in Finance and Banking from the Faculty for Business and Services at Educons University and his Master’s in Business/Managerial Economics from the Faculty of Business Economy. He has a demonstrated history of working in the financial services industry and is skilled in negotiation and business planning.
Branko Petrovic – Branko is the Business development officer for The Smart Trip Platform. He is a graduate from The University of Texas at Arlington – College of Business and has previously worked at Circle L Solar as a Senior Sales Representative and at Global Efficient Energy as a Senior Sales Representative. He is a multilingual, experienced and efficient sales professional.
Rick Tapia – Rick is the ICO Analytics Expert for The Smart Trip Platform. He is highly knowledgeable in end blockchain development and project ideation. His specialty is in Initial Coin Offering strategy metrics and implementation and also in the proper formation of corporate structure. He is a Bachelor of Science Business Management from The Indiana Wesleyan University and is a Blockchain Consultant with the Data BlockChain. He is also the Chief Operating Officer of Hellus and an advisor of various startups like Miami Crypto Exchange, EZ Exchange, NextPakk etc. Being an expert in the business analysis of Blockchain Platforms and infrastructure he brings a plethora of experience.
P.B. Stanton – Stanton is a US-based attorney with expertise in Cryptocurrency, Blockchain, and Securities and Banking law compliance and is the Cryptocurrency Attorney for The Smart Trip Platform. He is a trusted ICO advisor and guides The Smart Trip Platform in different phases like tokenomics, project ideation and whitepaper creation and even in full turn-key ICO Launches. Stanton has over 25 years of experience in providing estate planning, sophisticated asset protection, and even tax planning services.
Simon Cocking – Simon is the Cryptocurrency Advisor for The Smart Trip Platform. Simon has a Bachelor’s degree in Digital Technology & Design and a Master’s degree in Computer Software Engineering from The Dublin Institute of Technology and is a business mentor and advisor to many start-ups like Sidera Blockchain Technologies, RSN Entertainment Ltd, CryptoMillionsLotto, Dataeum etc. Simon is also one of the top-ranked in the ‘People of Blockchain’ list and also the Senior Editor at Irish Tech News and Editor in Chief at CryptoCoinNews.
These 7 ICOs discussed here are definitely not on equal footing. But there are a few things that are common between them – they have a really good team especially the advisors and their vision is what selling their tokens during ICOs. At the time when more and more start-ups and established firms are taking the airdrop route, the level of investor interest observed in these ICOs definitely points out how exciting and promising their ideas are and people see the potentials in them too.