Chrysaliscoin ICO and Token Sale Review
Chrysalis Coin is a volunteer donation based project which will be allocated to special needs children. Blockchain will play a key role in this project since the donations will come in the form of Chrysalis Coin. These coins will be mined with equipment purchased through funds raised in the ICO. Over time, certain percentages of gross revenue will be allocated as donations to children’s special needs charities.
Project Outline and Objective
Blockchain technology and the values of community go hand in hand, it is no surprise then to see charity platforms being launched. The blockchain provides a secure and highly transparent mechanism through which these projects can operate. Where many people fail to trust in the non-transparent traditional industry, they can trust in the backing of blockchain.
The project will initially reinvest 30% of monthly gross profits to investment portfolios. These portfolios will generate the operating revenue for the project to increase purchases of mining equipment and further increase profits. Ultimately, investor’s tokens will be subject to an increased percentage buy back price at a later date with all additional profits being allocated for donation to children’s special needs charities.
This inspirational project wishes to connect the positive points of modern blockchain technology with the heartfelt social action of giving. These are strong moral foundations which can be backed the immutability and transparency of the blockchain.
- Start Date2018-06-11
- End Date2018-07-21
- Payment MethodBTCETHUSD
- Total Supply25000000