108 Token logo

108 Token (108T)

Status
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.

108 Token White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
108T
Type
Utility-token
Token standard
ERC20
FoundedCayman Islands
Registration countryCayman Islands

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.

Token Sale Dates

Presale Period

Start date: May 16, 2018
End date: May 31, 2018

ICO

Start date: Jun 01, 2018
End date: Aug 31, 2018

Token Allocation

Total Token Supply 5,000,000

Funding Details

Soft Cap 10 000 ETH

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

Token Price and Payment Options

Token price USD 1 108T = 1 USD
Accepted Currencies BTC, ETH, USD

Project team

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

Advisors

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

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