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Home Capital Raising

Blockchain financial provider Exscudo set to launch ICO on April 25th

Published by CryptoNinjas.net
04/04/2017

Exscudo is building a gateway between the traditional economy and cryptocurrency markets. It includes solutions for private and institutional investors, traders and those who casually use banking services.

The ICO date is now set for Exscudo, a very promising and cutting edge blockchain financial provider developing a complete ecosystem for cryptocurrency assets on its unique and proprietary EON blockchain.

The ICO will launch April 25th, while pre-orders will begin on April 12th.

The company last month announced the first product to be launched will be the Exscudo Channels mobile application during Q2. The Exscudo Channels app unites the functions of a mobile multicurrency wallet and a secure messenger, which allows for the secure and encrypted messaging and crypto wallet functions all in one.

Exscudo’s complete ecosystem includes the Exscudo Exchange, charts, the above-mentioned Channels app, trading terminals, proprietary financial-based EON blockchain, merchant gateways, and payment cards.

Tokens will be symboled as EON based on the blockchain technology behind Exscudo.

A one-time EON emission of 240,000,000 is planned. To be distributed in the following way:

1% – Bounty campaign, 1% – Advisers and Ambassadors, 62.8% – Investors and ICO, 3% – Supervisory Board, 12% – Team, 20% – Technical tokens for stabilization of the distributed network at the early stage, and 0.2% – Testing and bug bounty.

ICO Conditions:

  • 150,720,000 EON coins for sale
  • 1 EON = 0.0002 BTC fixed price
  • 37 days long ICO
  • Bonus – Investors can book EON tokens in advance. Buy them within 48h after the ICO launch and in presale and get more than what you paid for with a 10% bonus. The first 10 days will get a 5% bonus, second 10 days a 2.5% bonus with no bonus tokens after that time.

All pre-orders are fixed in a ‘book’ – a list – and closed after receiving payment during the first 48h of the ICO. Users who have pre-ordered coins have priority, but the orders are closed in turns according to the list. The first booked are paid in first.

Other ICO advantages for investors:

  • Profits for node owners – All node owners receive daily payouts of commissions from transactions on the EON network. The more EONs the user holds, the bigger is the chance to sign a block and to get a reward.
  • Zero commissions on Exscudo Exchange – Everyone who participates in the ICO will get a zero commission rate for all operations on the exchange for a daily trading-exchange volume equal to the amount invested. This lifetime privilege is assigned to your account.

Below is a timeline of Exscudo’s short term timeline for the rest of 2017:

  • Launch of the announced chat wallet app (decentralized secure messenger and multi-currency wallet) (Q1/Q2 2017)
  • Open beta testing of the exchange (Q2 2017)
  • Launch of exchange services (listings server, web-services of multi-currency wallet) (Q2/Q3 2017)
  • Launch of trading on the exchange (Q2/Q3 2017)
  • Launch of the mobile phone trading terminal for Android (Q2/Q3 2017)
  • Launch of the mobile phone trading terminal for iOS (Q2/Q3 2017)
  • Launch of accounts with the integration of fiat currencies and the launch of branded cards (Q2/Q3 2017)
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