bitcoin blast, bitcoin press release, Caviar, crypto asset, cryptocurrency, digital currencies, diversification, fintech, press release, real estate, token event

Caviar Team with 5-Year Track Record Pioneers Dual-Purpose Token for Crypto and Real Estate, Pre-Sale Begins November 28

Bitcoin Press Release: Global Advisors Join Established Caviar Team of Tech, Finance & Real-Estate Veterans with 5-Yr Track Record of Successful Multi-Million-Dollar Real Estate Debt Fund to Offer Solution-Based Approach in Diversifying Cryptocurrency Investments

28 November 2017, The Cayman Islands – Caviar has announced that the pre-sale of its ICO will begin on November 28 for its pioneering approach to build a dual-purpose token and crowdfunding platform built on the Ethereum blockchain. Caviar’s token offers access to stable real estate and cryptocurrencies, with built-in downside protection and automatic diversification. The team behind Caviar has successfully managed a multi-million-dollar real estate debt fund since 2013, and brings years of experience and research to this project. Caviar is powered by Intelligent Predictive Model (IPM), an artificial intelligence algorithm, allowing for stronger predictive power and more effective asset allocation. In addition, Caviar Platform will allow real estate developers to raise funds for their upcoming projects, and for Caviar token holders to earn additional rewards by staking their tokens. Caviar launches its pre-sale on November 28 with the goal of raising $25 million.

Caviar’s team of advisors includes the esteemed blockchain investment expert David Drake, Chairman of LDJ Capital; Ivan Labrie, a top trader on Tradingview.com; James Sowers, ICO Advisor, Angel Investor and Crypto Capitalist; Gabriel Jarrosson, a French entrepreneur, crypto investor and a founder of a private crypto investment group; NASA-recognized inventor and data scientist David Wirth; Mikhail Savchenko, CTO at Chronobank.io; and James Jamil, Executive Director of the Wall Street Blockchain Alliance. Commenting on what differentiates Caviar and their reasons to join, several advisors shared the following:

 

  • Investors Uniquely Offered Real Assets: “While there are immense profits to be made from the volatility of the market, investors of cryptocurrency are offered little in the way of real assets. Caviar has a compelling offering with a diversified approach in real estate, cryptocurrencies and crypto-assets that lowers the cost of management, reduces entry costs for investors, and removes the problem of illiquidity associated with traditional real estate investments. I am proud to join Caviar’s innovative team of blockchain, real estate, technology and finance experts as they prepare for their ICO,” said Drake.
  • Hedging Exposure in a Bear Market: “In my experience as a trader, I found that Caviar’s offering could be a great alternative for storing value in crypto, without having to deal with security or volatility risks. The fund would deal with positioning in and out of crypto assets, and with security of funds which would result in lower risk than holding any other crypto asset. During a bear market or market correction, crypto assets outside of fiat pegged ones, would suffer a loss in value, which could be severe. An individual holding BTC or any other coin, would have significant risk if holding funds at an exchange, but would also have a hard time securing funds unless tech savvy: it’s a real problem, having no way to hedge exposure without dealing with custodians and associated risks due to how correlated all coins are, and dependent on BTC. I haven’t seen a similar project, outside of the ones that offer tokenized fund management — which aren’t doing too well for now,” Labrie stated.
  • From a Data Perspective — Caviar Different in a Good Way: “Caviar has a two-pronged approach to ensuring profitability for token holders. It relies on hard assets (in this case, short term loans for real estate improvement) to provide limited downside protection, and also a unique predictive model (IPM) I helped develop, which will be used to build a robust and aggressive hedge-fund-like portfolio of novel crypto assets and cryptocurrencies. Unlike other ICO’s on the market, such a system will use an artificial intelligence engine which draws upon large databases collected and aggregated by automated systems. The engine will allow us to capitalize on unique opportunities in the cryotocurrency markets and build positions quicker than other ICO’s,” Wirth stated.

 

Real Estate a Key Role in Diversification Strategy

In a recent Caviar blog post, partner Guy Neumann further explains real estate’s role in Caviar’s diversification strategy. Caviar combines large cap and most stable cryptocurrencies, select new token projects, and real estate, utilizing its’ proprietary Intelligent Predictive Model in order to perfectly time investment decisions. Caviar is the successor to Caviar Capital, which, in the past five years, successfully financed dozens of redevelopment projects and has a 0% default rate, 0 late payments and an average IRR (internal rate of return) of 16% per year. Since its inception, Caviar Capital has consistently outperformed S&P 500 Real Estate and S&P 500 Bond indices by over 300%.

According to Neumann, Caviar’s team requires borrowers to have demonstrated a history of completing at least three real estate development projects in the past. “We work with seasoned developers, those who take their business seriously and do it full time,” noted Neumann.

One of those established customers is Corey Kosiensky, a Connecticut-based Real Estate Developer and Caviar Capital’s client since 2013, who commented on his experience of working with the team: “It’s been a pleasure working with Caviar’s team for the past 4 years. True professionals, Caviar has been a valued partner, helping my real estate development business expand much faster than I anticipated.”

Higher Returns for Real Estate Investment & Diversified Portfolios for Traditional Investors with Digital Currency

By combining crypto assets and real estate, Caviar aims to offer a higher rate of return than traditional real estate investments, while maximizing downside protection. In addition, Caviar will provide traditional investors with the financial benefits of a more diversified portfolio that includes digital currencies. In a recently published back-tested study of Caviar’s historical performance, partner Alex Shvayetsky noted that:

 

“If history were to repeat itself (of course, we cannot guarantee future performance), then based on distributions alone, anyone buying tokens at pre-sale with a 30% discount (token price would be $0.07) would triple their investment within one year. These results are not taking into account any token appreciation, which, based on historical performance and Caviar’s buyback mechanism (future performance is not guaranteed), could be significantly more. And, as impressive as these numbers are, Caviar’s long-term advantage would be even more evident in the bear crypto market. During market downturns, which are inevitable, Caviar would be in a unique position to shift more funds to real estate and still provide returns to investors, as well as exposure to real assets as collateral.”

 

Although cryptocurrency traders can profit from the volatility of the market, they are offered little in the way of real assets.  Caviar provides a unique opportunity for crypto-investors to diversify their portfolio through exposure to real estate.  Caviar’s tokenization approach to investments in real estate, cryptocurrencies and crypto-assets lowers the cost of management, reduces entry costs for investors, and removes the problem of illiquidity associated with traditional real estate investments, as partner Kirill Bensonoff notes in the article “Caviar Token Economics: Liquidity, NAV and Future Growth Explained.”

Join the Caviar Token Generating Event – sign up for pre-sale alerts and information at www.caviar.io.

Media Contact
Contact Name: Kathy Berardi
Contact Email: media@caviar.io
Location: The Cayman Islands

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Caviar Team with 5-Year Track Record Pioneers Dual-Purpose Token for Crypto and Real Estate, Pre-Sale Begins November 28

bitcoin, bitcoin cash, cryptocurrency, ethereum, financemagnets, fintech, ico, news

Bitcoin Fork, Japan Leverage Cap and Global Brokerage Bankruptcy: Best of the Week

Leverate gets MT5 On Monday we reported that technology provider Leverate has begun offering the MT5 plaform to its institutional clients.  Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors Leverate’s Knowledge Manager, Daniel Alkaly, said: “This partnership effectively makes Leverate open for business on MT5.Continue reading →

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Source: Ardor Articles
Bitcoin Fork, Japan Leverage Cap and Global Brokerage Bankruptcy: Best of the Week

bitcoin, bitcoin blast, bitcoin press release, blockchain, coin tokens, coinvest, cryptocurrency, decentralized, digital currency, fintech, ico

Coinvest Project by Microsoft Employees Announces ICO

Bitcoin Press Release: Coinvest, a blockchain project led by former Microsoft employees, has announced an ICO to raise $30 million to fund development of its decentralized stock market for cryptocurrencies.

November 10, 2017, Dallas, TX — Coinvest, an emerging startup comprised of Microsoft alumni, is announcing that it will offer a crowdsale of $30 million in COIN tokens to seed the world’s first decentralized stock market for cryptocurrencies, built on blockchain technology.

Crowdsale funds will be leveraged to continue the development of its products and drive the company’s mission of:

“Creating decentralized tools for the world to seamlessly, securely, and safely invest and use cryptocurrencies.”

Frustrated with the complexity, fragmentation, and quality of cryptocurrency investment options available on the market, Coinvest is determined to democratize cryptocurrencies by creating tools to:

  • Provide mechanisms for consumers to seamlessly, securely, and safely invest and use cryptocurrencies
  • Empower anyone to create investment vehicles for a personally curated index of cryptonized assets using one platform, one wallet, and one coin.

 

At the core of its product portfolio is the Coinvest protocol: A blockchain protocol defining investment transactions between users and the Coinvest smart contracts. Supporting the protocol is the Coinvest DAPP. The Coinvest DAPP empowers anyone to virtually invest in individual assets or a curated index of cryptonized assets through one coin. To do so, users create virtual portfolios and trade their favorite cryptocurrencies using market buy, limit buy, sell, and short orders. Orders are executed with the COIN token which are sent and held in escrow by the Coinvest smart contract.

The Coinvest DAPP and smart contracts keep track of all investment data including assets, distributions, etc. Upon executing sell orders, the smart contract releases invested funds and any profits back to the Coinvest DAPP. Users can then spend cryptocurrencies directly from the DAPP using their wallet or Coinvest debit account. All transactions and funds are digitally automated by open-source computer code and are never touched or managed by any third-party.

Coinvest is creating a future where users have one platform, one wallet, and one token (COIN), that enables anyone to create a digital investment portfolio to invest in multiple cryptocurrencies. Thereby reducing the cost, risk, and complexity associated with investing in cryptocurrencies on centralized exchanges or investment funds. Centralized third parties that are often needed in traditional investment use cases are replaced with smart contracts that act as autonomous agents and programmatically compensate all users, investors, and owners within the entire Coinvest ecosystem.

“By leveraging blockchain, smart contract, and Coinvest technology, investors now enjoy reduced transaction costs, autonomous investment options, and complete trust. For the first time, we are placing the power back into the hands of the public, and empowering them to invest in cryptocurrencies using the most decentralized, cost-effective, and seamless process possible,” says Coinvest founder and executive director Damon Nam.

Coinvest is offering contributors the opportunity to purchase COIN Tokens at http://coinve.st during its crowdsale this winter. Raising the crowdsale max cap of $30 million will create two reserves to ensure liquidity and collateral to back all user investments. Additionally, accelerate the development of additional tools to help investors all across the world.

 Website — http://coinve.st/
Whitepaper — https://goo.gl/3zhLHd

About Coinvest

Coinvest is the world’s first decentralized stock market for cryptocurrencies. Coinvest empowers anyone to virtually invest in individual or a curated index of cryptonized assets through one coin. The company’s mission is to create decentralized tools for the world to seamlessly, securely, and safely invest and use cryptocurrencies. For more information about Coinvest and COIN token, please visit:  http://coinve.st

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

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Coinvest Project by Microsoft Employees Announces ICO

altcoins, aplicaciones, bitcoin, blockchain, criptomonedas, ethereum, fintech, plataforma

Skycoin, la criptomoneda de tercera generación que construye una nueva Internet, anuncia actualizaciones

Skycoin, la criptomoneda de tercera generación del proyecto alternativo P2P Skywire, anuncia varias actualizaciones, incluida una nueva billetera móvil, un nuevo logotipo y una renovación del sitio para reflejar su marca y diseño en constante evolución.

Source: Ardor Articles
Skycoin, la criptomoneda de tercera generación que construye una nueva Internet, anuncia actualizaciones

bitcoin, bitcoin press release, blockchain, cryptocurrency, digital currency, fidentiax, fintech, ico, insurance, singapore, token, trade, trading, ultimate executive

Fintech Start-Up FidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies

Bitcoin Press Release: fidentiaX is building the World’s First Marketplace for tradable insurance policies by leveraging on blockchain technology

October 14th, Singapore Fintech start-up fidentiaX is in the developmental phase of creating the world’s first marketplace for tradable insurance policies by disrupting the status quo by empowering policy holders to monetise policies on the blockchain. fidentiaX will also be setting up fidentiaX Open Source Foundation (fSOF) to proliferate the embracing  of blockchain technology for the insurance industry.

In 2016 alone, the total market size for insurance premiums in the 40 OECD reporting countries was estimated to be in the north of $3.86 trillion dollars and Asia is projected to the be fastest-growing market for life insurance with an estimated real annual compounded growth rate of 10.2%.

findentiaX

The tradable insurance market is faced with inefficiencies such as:

Lack of awareness  Policyholders are unaware that policies are tradable asset which could be sold in the open market for a higher value. In 2015, out of the US$112 billion worth of policies surrendered in the U.S., US$57 billion (estimated 250,000 policies) could be resold.

No Recognizable Marketplace – The lack of a recognizable marketplace makes it challenging for sellers and buyers to connect.

Dependency on 3rd party – In the rare occasion where seller and buyer actually connects, parties need to place trust on a 3rd party to effect the transaction.     

fidentiaX’s marketplace will be a membership-based ecosystem focusing on the key stakeholders and providing the following services:

Policy ledger – Break traditional reliance on intermediaries by creating a digital ledger for policyholders.

Trustless Marketplace – Provides a platform for buyers and sellers to connect and trade policies via the blockchain.

fidentiaX will focus on building its operations within Asia before executing its global expansion strategy. Key countries within Asia are Hong Kong, Japan, Korea, Malaysia and Singapore.

To learn more, please visit fidentiaX’s official website at https://www.fidentiax.com/ and stay updated on their Crowd Token Contribution launch announcement by subscribing to their mailing list. Stay connected through their social channels:

 Join us on Telegram Channel at https://t.me/fidentiaX
Follow us on Facebook – https://www.facebook.com/fidentiaX/
Follow us on Twitter – https://twitter.com/fidentiaX

Media Contact:
Name: Alvin Ang
Email: Alvin.A@fidentiaX.com
City and Country Location: Singapore

fidentiaX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

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Fintech Start-Up FidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies

bitcoin, bitcoin press release, blockchain, digital currency, emerging markets, fintech, investments, micromoney, myanmar, private sale, token, underbanked, vladimir

Blockchain Fintech Firm, MicroMoney Starts a Private Presale for EARLY BIRDS

Bitcoin Press Release: MicroMoney, the Singapore based fintech company, announces private presale.

September 23, 2017, Midview City, Singapore –  MicroMoney, a global fintech blockchain company and lending services provider, announces a private presale for its token-generating event for the early birds among funds and big contributors. This presale started on September 15th, 2017.

MicroMoney is a fast-growing company founded in 2015 with the offices in five Asian countries – Thailand, Myanmar, Indonesia, Sri-Lanka, and Cambodia. The company plans to expand its presence to 5 more countries by 2018. MicroMoney was established as a company focused on micro-financing in the money lending industry, providing customers with online loans without any collateral requirements using machine learning algorithms.

There are still more than 2 billion of the unbanked in the world, especially in the emerging market. These people are excluded from local and global economies as they are still using cash and don’t have access to basic financial services. Taking out a loan is a great challenge for them as well unless they have a credit history.

With over two years track record in providing stable, mature businesses on emerging markets, MicroMoney will solve the problem of the unbanked and unbankable by using blockchain technology and artificial neural network to provide financial inclusion into the global crypto economy.

The private presale campaign was designed only for funds and significant token-buyers with the target to reach $2,000,000 during this stage and $30,000,000 by the end of the whole token-generating event.

Learn more about MicroMoney athttps://micromoney.io/

Media Contact
Contact Name: Vladimir
Contact Email:grin@micromoney.io
Location: Midview City, Singapore

MicroMoney is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post Blockchain Fintech Firm, MicroMoney Starts a Private Presale for EARLY BIRDS appeared first on Bitcoin PR Buzz.

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Blockchain Fintech Firm, MicroMoney Starts a Private Presale for EARLY BIRDS

altcoins, anton dzyatkovskii, big data, bitcoin, bitcoin press release, blockchain, crowdsale, cryptocurrency, financial inclusion, fintech, ico, micro-industry, micromoney, mmt token, pre-sale

Lending App MicroMoney to raise $30Mln through an ICO in October, helping bring 2 Bln unbanked into The New Crypto-Economy

Myanmar – September 18, 2017 MicroMoney, a fintech institution from Eastern Asia, announces today its Initial Coin Offering set to launch on 18 October, 2017. The visionary company has big plans to transform the economy in emerging markets.

According to World Bank, 2 billions people around the world still don’t have a bank account. Unable to build credit, they lack access to basic financial services like personal loans and SME loans. This is a critical problem affecting local economies, especially in emerging countries like the Philippines, Thailand or Myanmar.

Micro-money offers a solution : helping people build their first credit history on the blockchain. It uses new technologies and Big Data to determine a person’s creditworthiness via an innovative neural scoring credit.

“We are proud of the fact that we can help people who have no access to the classical, but outdated centralized economy of bank” says Anton Dzyatkovsky, CEO and founder of MicroMoney

The company wants to lead the way towards to eliminating poverty with mobile and internet availability, along with financial inclusion. The founding team has a clear vision and set of goals following the ICO. Setting the sale hard-cap to $30 Mln, it plans to truly revolutionize the current economy situation in emerging countries around the world including regions Asia, Africa and South-America.

Anton Dzyatkovskii CEO and founder of MicroMoeny is also the lending director of Everest – a blockchain company with similar goals- where he has already raised 25M USD. With more than 15 years experience in the fintech industry and an extended understanding of the Asian market – Anton worked in Singapore and Thailand -. He is fully aware of what could be improve in those countries and believes strongly in changing the micro-industry.

TOKEN SALE

MMT Token price is locked to $1 dollar per MMT Token. Maximum quantity of 60,000,000 will be issued and all the unsold tokens will be destroyed after Token Crowdsale. Purchases will be possible on https://micromoney.io/

Token sale will start on October 18 2017. Pre-sale has already started on September 15 2017 with a 43% bonus on purchase during this period. Early investors will get bonuses as high as 25% bonus on day one.

MicroMoney for the people, Big Data for Businesses

The platform is already functioning in 5 countries and has helped a lot a people with modest resources. It has a large amount of feedback with gratitude. Data don’t lie, indeed, 73% of customers are returned customers for whom the platform opened brand new possibilities. 9 out of 10 customers got the first loan of their life!

It is important to note that behind its easy process lays a complex and sophisticated type of technology : Neural Scoring. Gathering more than 10 000 data from a person’s phone, algorithms can determine the creditworthiness of a person in a record-time of 15 sec. Smart contracts are now being developed to secure transactions within the platform.

Undeniably, with MicroMoney’s innovative Big Data & Credit History Bureau built on Blockchain, thousands of local Businesses will get access to millions of new customers.

“We’re developing a whole new ecosystem to power the New World Global Crypto Economy.” said CEO Anton Dzyatkovsky

Now, MicroMoney plans to expand to China, Hong Kong and by the end of 2020, the company aims to cover India, Africa and South America.

About MicroMoney

MicroMoney is a global FinTech company, focuses on Big Data platforms for banking and financial organizations and micro-financing in the money lending industry. MicroMoney began operations in 2015 and has developed into a fast-growing company with more than 200 employees across offices in Singapore, Thailand, Myanmar, and Cambodia. MicroMoney provides premium micro-financing services for lower income people, underbanked and unbanked customers in Asia.

Learn more about MicroMoney athttps://micromoney.io/
Read the whitepaper here: https://micromoney.io/MicroMoney_whitepaper.pdf
Follow on Twitter at@micromoneyio
Follow on Facebook at@micromoneymyanmar
Join the discussion on Telegramhttps://t.me/micromoneyico

Media Contact

Contact Name: Olga Rusakova
Contact Email: orusakova@micromoney.io
Company: MicroMoney

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post Lending App MicroMoney to raise $30Mln through an ICO in October, helping bring 2 Bln unbanked into The New Crypto-Economy appeared first on Bitcoin PR Buzz.

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Lending App MicroMoney to raise Mln through an ICO in October, helping bring 2 Bln unbanked into The New Crypto-Economy

adel, blockchain, fintech, ico

Adel – Why Fintech Incubator Launches ICO

sponsored

Adel, a global cryptocurrency, community-based project funded platform, is aiming to create a decentralized and self-sustaining macroeconomic ecosystem for Blockchain innovation.

Adel, a global cryptocurrency, community-based project funded platform, is aiming to create a decentralized and self-sustaining macroeconomic ecosystem for Blockchain innovation. As a self-regulating Blockchain startup incubator, which functions with the Adelphoi token, its goal is to become a global leader in community-based crowdfunding exercise, which it’s currently undergoing through its own Initial Coin Offering (ICO), which began in March.

Aimed at supporting and funding the development of Blockchain projects, Adel will utilize an ecosystem based on the Nxt community platform. After researching the digital currency market, Adel chose Nxt’s Blockchain-as-a-Service (BaaS) platform due to the features it presents that Adel can employ for its community. Adel will also use Nxt’s Ardor, which has further features that Adel will use for its project portfolio.

Three phases of the Adel ecosystem

According to one of Adel’s white papers, its ecosystem is relatively independent of governments, international or domestic politics in addition to fiat economies. By leveraging Nxt and Ardor’s Blockchain technology, the Adel ecosystem has been created to introduce the latest security features while adopting best practices in business services. By building a company on top of the Blockchain technology, Adel aims to demonstrate innovation that is both sustainable and profitable for various industries such as IT, banking (fintech), insurance, humanitarian and healthcare initiatives.

In order to achieve this, there are three phases to the Adel ecosystem. Phase one is to create a community portion of the ecosystem by creating the Account Module of the community portal and includes the first ICO round. Upon the completion of the first ICO, phase two will commence, which will focus on the development of the community portal. This includes the forum, voting, project dashboard and trading modules. Phase three deals with the operation and management of the projects, which facilitates their movements into successful solutions.

Created to provide a trusted, community-driven platform that promotes Blockchain innovation, Adel aims to fill a gap in the market that serves investors by connecting venture capital with social media, providing a decentralized alternative to traditional venture capital funding and angel investments.

Members and submitting projects

When it comes to how participation takes place, those who invest more than one Bitcoin in the ICO will be invited to the Adel community and known as members. It is within this community that members have complete voting power based on their ICO contribution.

However, instead of harming the Adel community, it’s thought that membership will provide stakeholders with a level of exclusivity giving them access to information that is not readily available to the general public. For instance a project’s status, that protects stakeholders and the projects that interest them.

When a community member submits their project idea, they become an Innovator. The Board essentially acts as the community’s overseer to make sure that all projects submitted by the innovator adhere to ethical, legal and moral guidelines. Once approved, then it is the responsibility of the Innovator to work with the Project Review Committee and the community to ensure they have a complete business plan. The collective intelligence and participation from a diverse community with different business, cultural, and regional backgrounds, will help to solidify the project plan and establish the foundations for successful project execution.

Once an Innovator’s business plan is nearing completion, it then goes to a community vote. If the community agrees by a majority, it then becomes a Community Innovator Project.

If, however, it fails to receive a majority vote, then the minority members who liked the project could join together and raise the capital for the project. In this case, it becomes a Group Innovator Project.

Adelphoi Coin

Across three ICOs, Adel intends to release a total of 100 million non-mineable Adelphoi (ADL) units with the first ICO already underway, releasing the first 33,333,333 ADL coins. It’s due to end May 31. The current bonus round is 15 percent, meaning that participants receive 15 percent more ADL in their wallet at the end of the ICO, if they contribute before May 11th. On May 12th the bonus will reduce to 10 percent and then to five percent on May 19th. More ADL coins also mean a proportional increase in voting power.

Only members who have contributed more than one Bitcoin will be invited to the community and after the ICO the minimum to join the community will increase to two Bitcoins. At the end of the ICO, the value of Adelphoi will be established, which will be based on the amount of Bitcoin contributions from stakeholders.

Importantly, though, it is the vote from Adel’s members who will be the deciding factor as to which projects get launched. By basing its foundation on Nxt and Ardor features, the Adel ecosystem can develop projects that are effective for the community, taking full advantage of the Blockchain features as they evolve.

Adel is the first Blockchain ICO to offer this type of incubator for Blockchain innovation. On this basis alone, Adel’s Ecosystem vision and ambitions make it the most overlooked ICO at the moment. They offer a unique platform that offers idea creation, job opportunities and a learning platform for entrepreneurs who want to build great projects. They are also the first ICO to be AML/CTF/KYC compliant. Thus opening their doors to mainstream investors who see the cutting-edge opportunities that Blockchain can have for the future of the world and invest in a project that could potentially change the world.

Source: Ardor Articles
Adel – Why Fintech Incubator Launches ICO