Thrive ICO

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Thrive ICO

Thrive

Thrive is a decentralized blockchain based marketplace where advertisement services are bought and sold at very low prices

Details

ICO Name Thrive
Description Thrive is a decentralized blockchain based marketplace where advertisement services are bought and sold at very low prices
Website URL https://ico.thrivelabs.io/
White Paper URL https://ico.thrivelabs.io/documents/thrive_whitepaper.pdf
ICO Launch 2018/03/10 05:00
ICO Closing 2018/04/05 05:00
Token Platform ERC20
Coin Price 0.31 USD
Coins Offered 53% OF TOTAL TOKEN SUPPLY

What is Thrive?

Thrive is a decentralized blockchain based marketplace where advertisement services are bought and sold at very low prices. The platform enables people to participate and get benefit in form of compensation for the work done by them such as reviewing the content quality of websites within Thrive ecosystem. Thrive intends to bring back the control of the internet to the masses.

Concept

Thrive is a blockchain based decentralized meritocratic ecosystem that intends to reward consumers and publishers all across the globe. It is the world’s most needed marketplace for advertisement you’ve ever wished for.

The platform is based on blockchain technology, hence enables consumers to buy and sell advertising services in a safe and transparent environment at much cheaper rates. Thrive strives hard to take the digital marketing to the next level.

How Does Thrive Work?

The platform intends to break or eliminate the AdWords monopoly of Google. The advertising industry is huge having a multi-billion dollars turn over. But as a matter of fact, it doesn’t bring any good to consumers as well as advertisers in a way that consumers do not become any richer. Same is the case with advertisers who still bear the heavy cost and brand reputation risk. Publishers are not an exception too, they also suffer while being paid less or get banned without any justification. Many people may not know that they contribute to this huge marketing industry by sharing their data whenever they get connected to the internet without receiving even a single penny.

Thrive introduces an upside-down model by enabling consumers to take back the internet control. Now people can have a control over the content they do not wish to share or to receive compensation against it, if shared, at least. Thrive has an ecosystem through which all the data is made anonymous. It is then stored in thrives blockchain network, however, all information is stored in a raw form in a way that any sensitive information is destroyed ensuring the privacy of consumers intact. Thrive also makes people have control over the publishers such that people can rate publishers by reviewing their websites making publishers to stay or get knocked off the system.  With Thrive the cost of publishing and advertising is way too low.

Earn Thrive Tokens

The ICO is currently holding its tokens pre-sale. The crowd sale of the ICO will begin on March 10th, 2018. Investors who wish to earn thrive tokens can contribute either in the pre-sale phase of the ICO or wait until the ICO is launched. Thrive tokens will also be available on major exchanges around the world. People can also get them exchanged for other cryptocurrencies after the ICO is finished.

Buy Thrive Tokens With E-Wallets

Thrive is also based on ERC20 tokens. The platform may also be known as an ethereum based platform. To store ethereum a wallet is needed. Therefore people who wish to buy thrive tokens need to open an e-wallet account first.

Be they buy Thrive tokens or any cryptocurrency an e-wallet is a must. Many exchanges around the world seem to be offering free e-wallets, however, only a few of them are known to be good. That is why people who are looking to buy thrive tokens need to take great caution before opening an e-wallet with any such company.

The ICO Distribution

The ICO is going to be launched on March 10th, 2018. It is expected that the ICO will last for about 25 days. It will end its token sale on April 5th, 2018. The ICO plans to raise a minimum of 30,600,000 USD. There will be a total token supply of 200,000,000 tokens out of which 53% will be made available for the public to subscribe. The ICO tokens will be listed on various exchanges including “After Generation”. The ICO is expected to observe a capping of 250 EURO/ TBA. The starting price of the thrive tokens is expected to be 0.31 USD.

Token Distribution

The ICO plans to distribute its tokens under following proportion;

  • 53% tokens are planned to be distributed to the public during crowd sale
  • 27% tokens will be kept separated as reserved by the ICO
  • 17% tokens are planned to distributed amongst team members of the ICO
  • 2% tokens are planned to be distributed to offer bounty programs
  • 1% tokens are planned to be offered to Advisors and Partners of the ICO

Funds Usage

The ICO plans to use the funds under following proportion;

  • 57% funds are planned to be allocated to Research and Development of the platform
  • 4% funds are planned to be reserved to meet contingencies
  • 4% funds are planned to meet legal obligations
  • 13% funds generated from the ICO are planned to be allocated to Biz/Dev Advisory Board of the ICO including T&E
  • 22% funds are planned to be allocated to Marketing department of the ICO

Team Members

The ICO has following team members

  1. Cataldo Franzone is the CTO at Thrive
  2. Giuseppe Calabrò is the COO at Thrive
  3. Giuseppe Scordino is the CSO at Thrive
  4. Viviana Carcione is the CMO at Thrive
  5. Gaetano Nuciforo is the Blockchain as well as Smart Contract Expert at Thrive
  6. Alessandro Santoro is the Web & UI developer at Thrive

Invest In Thrive

After a careful review of the ICO, we hereby conclude that the ICO has a sound objective to incentivize the consumers sharing their data on the network. It doesn’t only target everyday computer users but also serves as a platform that is equally beneficial for both investors and publishers in terms of advertisement expenses and payment protection. We suggest people should definitely invest in Thrive and give their life a well-deserved chance to make profits.

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