CreativeChain ICO Details
Learn all there is to know about the CreativeChain initial coin offering.
Over the month and a half ICO period 209 BTC was raised from 302 participants, the largest investment was around 17BTC and an average investment size of 0.69BTC. The token acts as the sole means of payment...
Over the month and a half ICO period 209 BTC was raised from 302 participants, the largest investment was around 17BTC and an average investment size of 0.69BTC. The token acts as the sole means of payment on the creative network. 65% of the initial pre-mine has been awarded to the ICO investors. However this is 10.6% of the total supply of Creative coin which be reached in 92 years via a fibonacci sequence mining emission. The following bonus scheme was implemented:
Bonus 21% (March 15th)
Bonus 13% (March 16th)
Bonus 8% (March 17th & 18th)
Bonus 5% (March 19th- 21st)
Bonus 3% (March 22nd- 26th)
Bonus 2% (March 27th- April 3rd)
Bonus 1% (April 4th- 16th)
0% (From April 17 to May 1)
The other 35% of coins available from the pre-mine will be used in the following distribution.
Bounties for Collaborations: 12% CREA
Rewards for all those who support the project in terms of advice, development, dissemination or translation of content into other languages.
Rewards to copyleft content: 10% CREA
To promote the use of free licenses will be spread over 4 years small rewards in the form of donation or sponsorship to copyleft projects registered in the platform that have gained greater interaction or assessment by the user community.
Developers Team: 10% CREA
Incentives and rewards for the team that develos the Core and the platform Creativechain.
These funds are distributed in two annual payments. First payment May 2 and second payment November 2.
Public domain content: 3% CREA
Reserve fund to register and index public domain content on the platform.