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108 Token (108T)

ICO

108 Token is a way of having exposure in crypto assets. It is an index fund of top 15 cryptocurrencies by supply-adjusted market cap.

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Overview

Project industryTrading & Investing
Product typeCryptocurrency
FoundedCayman Islands
Whitepaper108 Token White Paper Open

What is 108 Token

The 108 Token index tracks the top 15 cryptocurrencies, on a supply-adjusted basis, and rebalances the constituents on a monthly basis. This shields the token from the fluctuations of a single currency by diversifying the portfolio. The portfolio is rebalanced on a monthly basis. The 108 Token is an ERC-20 token that can eventually be traded on centralized and decentralized exchange platforms. The basket ensures that user's funds are not subject to fluctuations in one single currency.

Details

Pre-sales: May 16, 2018 - May 31, 2018
Public sales: Jun 01, 2018 - Aug 31, 2018
Token supply: 5,000,000
Soft cap: 10 000 ETH

Legal

Registration country: Cayman Islands

Token info

Ticker: 108T
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 108T = 1 USD
Accepted currencies: BTC, ETH, USD
Token distribution:
96.5% for token buyers
2.5% for 108 token team
0.5% for 108 token advisors
0.5% for bug bounty
Funds allocation:
98% towards using tokens
1.5% towards marketing expenses
0.5% towards legal expenses

Project team

Ramani Ramachandran
Ramani Ramachandran
Ramani Ramachandran linkedin
Aditya Mishra
Aditya Mishra
Aditya Mishra linkedin
Gangadhar Sulkunte
Gangadhar Sulkunte
Gangadhar Sulkunte linkedin
Gautam Seshadri
Gautam Seshadri
Gautam Seshadri linkedin
Rohit Alluri
Rohit Alluri
Rohit Alluri linkedin
Basil Gorin
Basil Gorin
Basil Gorin linkedin
Nikita Sachdev
Nikita Sachdev
Nikita Sachdev linkedin

Advisors

Eyal Hertzog
Eyal Hertzog
BANCOR, METACAFE
Eyal Hertzog linkedin
Hongzhuang Lim
Hongzhuang Lim
Chief Executive Officer at XSQ PTE LTD
Hongzhuang Lim linkedin
INFOSYS, AARIN CAPITAL
INFOSYS, AARIN CAPITAL
INFOSYS, AARIN CAPITAL linkedin
Balaji Srinivasan
Balaji Srinivasan
COUNSYL, GOOGLE
Mary Saracco
Mary Saracco
Infosys, Aarin Capital
Mary Saracco  linkedin
Darius Sit
Darius Sit
QCP Capital
Darius Sit linkedin
Popo Chen
Popo Chen
Founder and CEO Cobinhood
Popo Chen linkedin

Social media

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