PoolofStake ICO and Token Sale Review
The Pool of Stake project is groundbreaking in its concept. That is, to provide the opportunity for holders of proof of stake coins to join together in mining pools of these coins and reap the rewards which come from group mining. This is what the team refers to as, mining 2.0.
About the Project
Many in the industry believe that proof of stake coins are the future of cryptocurrency itself. Holders of such coins can receive bonuses and other incentives just from staking their holdings to support the network. As with many regular mining pools, the benefits can be widely enhanced by joining together to form a mining pool.
The cumulative benefits of being in a mining pool are often enough to encourage many to participate. The concept of this project is based on the same rationale. What makes this token and project unique is the existence of smart contracts to make this a completely trustless and transparent system where every participant can benefit indiscriminately.
Full decentralization and a network of globally distributed nodes make this project even more secure for potential investors. Mining 2.0 is set to be the future of the industry and investment in this project seems like a good opportunity to get behind an expert team and concept.
Rewards will be distributed on a nightly basis to token holders based on an account snapshot at that time.
The ICO itself is set to begin on July 20th and run for approximately one month. Based in the blockchain heartland of Switzerland, the project features a softcap of 2,000,000EUR and a harddcap of 8,000,000EUR. This can be contributed in the form of Ethereum. There will be a minimum required investment of 0.1ETH.
There will be a bonus offering in place of 20% on investments until the softcap is reached. The team are planning for platform releases in the third and fourth quarters of 2018.
Residents from several countries including USA, China, Canada, South Korea, and Israel, will be unable to participate in this ICO.
The token will be known as PSK and native to the Ethereum network. There will be a total sale amount of 53,245,907 PSK tokens made available during the ICO period. This is representative of 76.1% of the total maximum supply.
- Start Date2018-07-20
- End Date2018-08-19
- Payment MethodETHFiat
- Total Supply70000000
- SectorSmart ContractsInvestment