Asura Coin ICO
|ICO Name||Asura Coin|
|Description||Asura is a decentralized blockchain based e-sports platform which is self-sustainable.|
|White Paper URL||https://asuracoin.io/whitepaper.pdf|
|ICO Launch||2018/05/21 20:14|
|ICO Closing||2018/06/15 20:15|
|Funding Target||$25, 00,000|
|Coins Offered||60% of the total token supply|
What Is Asura Coin?
Asura Coin is a decentralized blockchain based e-sports platform which is self-sustainable. The platform intends to develop an ecosystem which is self-evolving as well as self-regulated. Asura Coin has five major sections including live streaming of esports tournaments and betting, professional guides, tournament hosting, community matchmaking, and the fueling the community center. Unlike other ICOs, it is based on NEP-5 tokens which enable the platform to offer a wide range of utility and functions across the network. It will also be used as coin for making payments, stakes, and betting purposes. These tokens will also be used to incentivize users for their positive contributions to the platform.
Asura Coin is a blockchain based decentralized self-evolving ecosystem that focuses on esports betting. That platform aims to create an ecosystem which is sufficiently self-regulated. It has five major sections to offer and is based on NEP-5 standard tokens. This is also known as the platform’s utility token. The platform plans to use this tokens for various functions, it will be used to incentivize people for their positive contribution to the platform plus it will enable people to make payments and bet around. The platform also allows its user to host multiple tournaments and generate content that adds value to the community. Since the platform focuses on esports betting, therefore, it will initially be focusing on four games namely counter strike, King of glory, Dota 2, league of legends.
How Does Asura Coin Work?
The platform intends to revolutionize the traditional eSports betting by incorporating blockchain technology and smart contracts execution. The platform strives hard to introduce a fairer and transparent digital currency based eSport platform where players can enjoy a friendly environment to play games and bet around. The platform is committed to improving the user experience and to make the community wonderful. The platform allows its users to take part in the decision-making process for different aspects of the platform. Asura Coin has unique betting rules that make it look different than other traditional betting platforms. The platform’s utility tokens are ASA coins.
Earn Asura Coin Tokens
Asura Coin allows its users to earn Asura Coin tokens following various ways. The most obvious way to earn Asura Coin tokens is to contribute to the crowd sale of the ICO. However, users can also earn Aura tokens by contributing positively to the platform such as creating a content that adds value to the platform, placing bets on the platform, participating or hosting various tournaments are all such methods that can make people earn Asura Coin tokens.
Buy Asura Coin Tokens With E-Wallets
Unlike most of the ICOs, Asura Coin is based on Neo tokens. It also accepts NEO as its supported form of payments. Therefore people who wish to buy Asura Coin tokes need to send NEO to the platform. The ICO will also be listed on various exchanges around the world. People can also buy Asura Coin tokens from all such exchange in exchange for other cryptocurrencies. Investors can also buy Asura Coin tokens from people willing to sell them after the token sale of the ICO ends.
The ICO Distribution
The ICO plans to hold its token sale on May 21st, 2018. It is expected that the ICO will last for about three weeks. The ICO will end on June 15, 2018. There will be a total supply of 1000,000,000 tokens. The soft cap of the ICO is defined as $25, 00,000 whereas the hard capping of the ICO is expected to be $12,000,000. The starting price of the ICO tokens is however not known yet.
The ICO plans to distribute its tokens under the following proportion;
- 65% tokens are planned to be distributed to the general public during the pre-sale and crowd sale of the ICO
- 25% tokens are planned to be distributed for the growth and betting facilitation of the ICO
- 10% tokens are planned to be distributed to the team members of the ICO
The ICO plans to allocate its funds under the following proportion;
- 60% funds are planned to be allocated to the research and development department of the ICO
- 25% funds are planned to be allocated to the marketing department of the ICO
- 10% funds are planned to be allocated to legal affairs department of the ICO
- 05% funds are planned to be allocated to the security department of the ICO
The ICO also plans to offer bonuses to its early contributors. People buying Asura Coin tokens in the early days of the launch of the ICO. Up to 15% bonus will be available for the people who will buy Asura Coin tokens in the first hour of the second day of the Asura Coin tokens sale.
The ICO has following team members;
- Peter Shen is the CEO and Co-Founder of the Company
- Eman Abdollahi is the COO and Co-Founder of the Company
- Haoyang Feng is the CTO and Technical Lead of the Company
- Nathan Frater is the Marketing Manager and Growth Strategist at Asura Coin
- Steven Ngov is the Web Developer and Digital Specialist at Asura Coin
- Dang Tie Peng is the Blockchain Developer at Asura Coin
- Kang Ji Hye is the UI/UX Developer and eSport Content Creator at Asura Coin
- Huang Pan Ding is the Betting Odds Statistician and ZTE Nanjing at Asura Coin
Invest In Asura Coin
After a careful review of the ICO, we hereby conclude that Asura Coin can be a worthwhile investment opportunity since it anticipates a revolutionary change in traditional betting style. If Asura Coin becomes successful in achieving its objective it will be beneficial for all eSports betting lovers. The objective of the ICO seems workable, therefore, we believe the ICO is likely to succeed. We suggest people invest in Asura Coin but have some research before.Visit Broker