Chainium ICO

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Chainium

Chainium is a blockchain based decentralized network that helps businesses and investors to come into contact with each other without involving third parties.

Details

ICO Name Chainium
Description Chainium is a blockchain based decentralized network that helps businesses and investors to come into contact with each other without involving third parties.
Website URL https://www.chainium.io/#
White Paper URL https://www.chainium.io/uploads/files/Chainium-Business-Whitepaper-v3.pdf
Token Platform ETH (ERC20)
Coin Price 1 CHX = 0.00017 ETH.
Funding Cap 8 Million
Coins Offered 50% of the total token supply

What Is Chainium?

Chainium is a decentralized blockchain based marketplace that intends to bring disruption in the global market of equity. The platform helps individuals and businesses who wish to raise capital to expand their operations. The Chainium acts as a bridge to connect both investors and corporations with each other directly through the blockchain technology. The platform has provided a fundraising solution to small, large and medium enterprises. Entities are able to access a wide range of sophisticated tools as well as listed market techniques for a nominal fee. At chainium, investors can also access various equity offers free of cost.

Concept

Chainium is a blockchain based decentralized network that helps businesses and investors to come into contact with each other without involving third parties. The platform intends to bring an innovation in the traditional fundraising system. By introducing blockchain technology, the chainium has made the capital accessibility much easier. Earlier, fundraising required entities to go through complex and lengthy procedures of crowdsourcing including IPOs, bank negotiations, regulatory approvals, and multiple rounds of engagement with advisors. Chainium has simplified the procedure by employing smart contracts. Now investors and businesses can directly interact with each other and conclude capital needs.

How Does Chainium Work?

The platform intends to disrupt the universal equity market and introduces innovative fundraising business model by incorporating blockchain technology. It allows its users to sell and buy shares securely and conveniently. Those who wish to use chainium need to download the app available on Microsoft Store, Google Play Store, and App store for windows, android, and iOS-based mobiles and tablets. As mentioned earlier, the platform is powered by blockchain technology, it creates uninterrupted links between investors and corporations involved in the sale and purchase of shares by eliminating the need for a middleman. Hence, the applicable annoying third-party fees and reconciliations parameters are avoided.

Once the chainium app is downloaded, corporations or sole proprietors can define the value of their business along with the applicable price of its shares, the count of shares they intend to sell and the expiry timing for the offer placed. Investors have the option to review the offers made, they can also choose to trade previous shares. Users can then make payments using cryptos or fiat currency. When the shares offer gets expired, the business will receive capital proceeds either in cryptos, regular or fiat currency.

Earn Chainium Tokens

People who wish to earn Chainium tokens need to participate in the crowd sale of the ICO which is currently in progress. By participating in the token sale of the ICO during early days of the launch of the ICO, investors who wish to earn chainium tokens can also receive a bonus of up to 30%. Investors can also earn chainium tokens by getting them exchanged for other cryptos from supported exchanges worldwide.

Buy Chainium Tokens With E-Wallets

To buy Chainium tokens, you need to open an e-wallet first. The platform is powered by ERC20 standard tokens. They need to be stored in e-wallets. Investors can also use their e-wallets to receive tokens in and send ethreum from their w-wallets. The token distribution will take place one week after the token sale ends. Many exchanges around the world offer cryptocurrency e-wallets for free. Make sure that you open an e-wallet account with a legitimate company before you buy chainium tokens.

The ICO Distribution

The token sale of the ICO was planned to be launched in March 2018. The exact date of the launch of the ICO is not available on the official website of the ICO. There will be a total token supply of 200,000,000 tokens in the ICO out of which 50% tokens will be made available to the public to subscribe. The ICO will observe a hard capping of 8 Million, however, no information is given concerning the soft capping of the ICO. The starting price of the ICO token is expected to be 1 CHX = 0.00017 ETH.

Token Distribution

The ICO plans to distribute its tokens under the following proportion;

  • 50% tokens are planned to be sold to the public during the ICO
  • 5% tokens are planned to be distributed to token sale cost
  • 20% tokens are planned to be distributed to founders and management of the ICO
  • 20% tokens are planned to be kept as the platform’s reserve.

Funds Allocation

The ICO plans to allocate its funds under the following proportion;

  • 50% funds are planned to be spent on development of Information Technology
  • 25% funds are planned to be allocated to improve IT infrastructure
  • 20% funds are planned to be allocated to meet the operating cost of the Business
  • 5% funds are planned to be allocated to meet regulatory and compliance requirements

Bonus Offers

The ICO also intends to offer bonuses to its early contributors. There will be a total of 30% bonus available for early contributors of the ICO.

Team Members

The ICO has following team members;

  1. Sascha Ragtschaa is the CEO and Co-founder of the ICO
  2. Florian Batline-Staber is the COO and another CO-FOUNDER of the ICO
  3. Ermin Dzinic is the CTO and also a co-founder of the ICO
  4. Helen Tanner is the lead marketing officer at Chainium
  5. Lejla Trokic is the technology partner at Chainium
  6. Kenan Trokic is also a technology partner at Chainium
  7. Mark Westcott is an advisor to the Company
  8. Iain Robertson is also another advisor to the Company

Invest In Chainium

After going through a detailed analysis and review of the ICO, we hereby conclude that Chainium is one of the best ICOs we have reviewed so far. It’s objective is undoubtedly achievable. The ICO intends to bring revolution to the current fundraising system by incorporating blockchain technology. We believe the ICO is working well their way to success. We, therefore, suggest people invest in chainium with full confidence.

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