Review : Credits.com – Login, Register, ICO, News, How it works, Reddit
Credits calls itself a new generation of blockchain.
Credits is replacing old technologies by offering new approaches to the construction of registry, processing, consensus, preservation and transmission of data. Credits implemented the principle of very low transaction fees for a widespread introduction of the CREDITS platform.
It’s mission is to introduce the CREDITS blockchain and cryptocurrency technologies everywhere, and make decentralized relationships a reality.
Credits have developed its MVP and the Alpha is nearly complete.
The CREDITS cryptocurrency will be used within the platform as payment for services. It also has the potential to move beyond the platform into its own form of currency. (To signup or access credits website click link below)
On Credits ICO Information :
Credits plans to raise between 15 and 20 million USD during the Pre-ICO and ICO. The company will only have access to 50% of the funds collected (max 7-10 million USD) during the first half of 2018. These funds will be used for development and marketing. Unspent funds will be unlocked after the full release of the platform.
ICO dates
- ICO Feb 01st 2018 – Feb 28th 2018
ICO caps
- Soft cap $15 mln USD
- Hard $20 mln USD
ICO exchange rate
The total number of issued tokens 1 000 000 000. The tokens exchange rate is 1 ETH = 5000 CS (CREDITS)
Token allocation
- ICO – 60%
- Bounty – 2%
- Bug bounty – 2%
- Founders – 15%
- Advisors – 1%
- Operation – 20%
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Unsold tokens
All tokens not sold by the end of the ICO will be destroyed or burned
ICO Bonus
ICO bonus – 0%
WhiteList
During the ICO period the token buyers who have registered in the WhiteList CREDITS ICO will be served first
- 10% frozen through 1 Jan 2019
- 10% frozen through 1 Jan 2020
Founders’ tokens
After the end of the crowdsale, these tokens will be frozen for one year.