Disrupting slow, costly and malleable current electoral procedures, Agora developed a blockchain solution to succeed where traditional methods have failed.
Agora’s end-to-end verifiable voting technology eradicates fraud and corruption by creating a complete, audit-able, undisputed, open and transparent record of the election on a custom blockchain.
Agora Token Review has shown that Agora practically wants to bring voting into the 21st century using blockchain. Using blockchain, Agora wants to make voting systems cost-efficient, quick, and secure. Moreover, they want to incentivize and engage more voters.
With blockchain, voting can be done remotely and instantaneously. Moreover, as votes are stored in an immutable ledger, votes are unable to be manipulated during any point of the voting process. Since blockchain records are also public for all to see, the voting process under Agora woulda become transparent and easily verifiable.
The token sale has a soft cap of $1.25m and a hard cap of $20m.
The ICO price is set at $0.041.
Presale started May 14th, 2018 and is still live (though whitelist has closed). 80.16% of token sale tokens are available for presale vs. 9.84% for the crowdsale. For presale investors, there is a 4 month lockup on bonus tokens and no lockup on normal tokens.
Voting is something that could really use innovation via new technology like blockchain but from an investment standpoint, Agora isn’t looking too good. Agora receives a 1/10.