 | ShoCoin (SHO) |
ShoCoin is the token that enables compensation for exchange of identity validation and attributes.
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What is ShoCoin
Shocoin users will be able to use ShoCoin on a platform called ShoCard which was invented by the same company (also named ShoCard). Shocoin users need to create a ShoCard ID first and then log in. ShoCoin is going to be the main cryptocurrency of the app, so it will be very important if you want to access its features.
Service providers and governments will also benefit from the company, as they need personal information and it can be a cumbersome idea to make each user register every time that it needs to use a new service.
ShoCard ShoCoin is a way for users to have their identity verified and, instead of having to pay for it, be actually paid for their service. The company promises that its platform secures the user data using encryption and always keeps the data private and well stored.
ShoCoin Roadmap
Incorporated ShoCard and formally started the company
Built 1st version of Mobile Blockchain ShoCard & presented at TechCrunch Disrupt. Filed 1st provisional patent
Raised $1.5M seed round from Morado Ventures, AME Cloud Ventures, DCG & Enspire Capital. Hired initial team
Signed up SITA as first public client
Began growing number of B2C clients in US and internationally. Clients in financial sector and air travel
Began development of enterprise IdP using SAML & OpenID Connect
Raised $4M in Series A from prior investors & Storm Ventures, Correlation Ventures, UMC and Danhua Capital
Received 1st patent with priority May 2015 date
Launch ShoBadge Enterprise Identity Solution
Completed initial implementation of ShoCoin into the ShoCard Platform
Introduce complete KYC solution via ShoCard.
Received 2nd patent with priority May 2015 date.
Begin pre-sale of ShoCoin to institutional investors
Announce new client engagements and partnerships
Commercialize ShoCoins into the identity management economy at growing scale
Begin integration of ShoCoin into client solutions.
ICO.
Commercialize ShoCoins into the identity management economy at growing scale
Aggressively grow client base and user growth
Token Sale Dates
ICO
Token Allocation
Funding Details
Token distribution
37% - Reserved
25% - Operations
10% - Pre-sale Investors
10% - Community
5% - ICO Expenses
11% - Ecosystem Partners
2% - Advisors
Funds allocation
50% - R&D and Operations
30% - Business Development
15% - Marketing
3% - Token Launch
2% - Legal
Token Price and Payment Options
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