INTERCOIN logo

INTERCOIN (ITR)

Status
IEO

We build software that lets any community issue and manage their own currency, give out a universal basic income, and engage in democratic governance and voting on the blockchain.

INTERCOIN White Paper Whitepaper

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Interest lvl
Medium
Learn more about our rating
User Rating
High
3.3/5 3 votes
Ticker
ITR
Type
Utility-token
Token standard
ERC20
Registration year2018

What is INTERCOIN

Intercoin is the next step in the evolution of money. It enables communities around the world to issue and manage their own currency-as-a-service (CaaS), to circulate among their local population. This leads to stronger communities, greater sustainability, less poverty, and more productivity. Intercoin can be integrated into any mobile or web application, and will allow people to pay one another in local currency.

Today, nearly all crypto-currencies are global tokens. Each currency lives on a global blockchain, requiring global consensus about the transactions everyone has made. By contrast, intercoin is architected like the internet — a global network composed of smaller networks, each of which handles its own affairs.

INTERCOIN Roadmap

1
Mar 2020

Token Offering

2
Aug 2020

Intercoin Private Alpha

3
Dec 2020

Intercoin Public Beta

4
Jan 2021

Community Pilot Projects

5
Mar 2021

Intercoin App Worldwide Launch

6
Jun 2021

Launch of Local CPI

7
Jul 2021

Launch of Governance

8
Aug 2021

Launch of Basic Income

9
Sep 2021

Launch of Fundraising

Token Sale Dates

IEO

Start date: May 10, 2021
End date: Aug 16, 2021

Token Allocation

Total Token Supply 100,000,000 ITR
Total Tokens for Sale 25,000,000 ITR

Funding Details

Hard Cap 20,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Iran, North Korea, other OFAC countries

Token distribution


Sold To Public: 40%
Founders: 10%
Earliest Investors: 2.8%
Subsequent Investors: 27.2%
Consultants: 6%
Bounties / Promotion: 2%
Marketing: 5%
Sales: 2%
Charity to Communities: 5%

Funds allocation


Operations: 5%
Team: 8%
Admin Costs: 3%
Offices: 2%
Servers: 5%
Tech Dev: 36%
R&D: 10%
Marketing: 15%
Promotions: 3%
Legal: 8%
Listing Fees: 5%

Token Price and Payment Options

Token price USD 1 ITR = 0.25 USDT
Accepted Currencies BTC, ETH, USDT

Project team

Greg Magarshak
Greg Magarshak
Founder, Decentralized Web Architect
Greg Magarshak linkedin-team
Norman Qian
Norman Qian
Team Manager
Norman Qian linkedin-team
Marsilda Bialczak
Marsilda Bialczak
Media Director
Marsilda Bialczak linkedin-team
Jeremy Romero
Jeremy Romero
Marketing Director
Jeremy Romero linkedin-team
Don Reid
Don Reid
Investor Relations
Sunny Uberoi
Sunny Uberoi
Communications Strategist
Artem Subbotin
Artem Subbotin
Smart Contract Developer
Artem Subbotin linkedin-team
Kevin Jin
Kevin Jin
Decentralized App Developer
Kevin Jin linkedin-team
Igor Martsekha
Igor Martsekha
Native App Developer
Andrey Tepaykin
Andrey Tepaykin
Javascript & Node Developer
Ivan Alekseev
Ivan Alekseev
Visual Designer

Advisors

Elena Rivers
Elena Rivers
Acumen Capital Partners
Elena Rivers linkedin-team
Sara Hanks
Sara Hanks
CEO, Crowdcheck
Dallas Johnston
Dallas Johnston
CEO, Credify
Petar Maymounkov
Petar Maymounkov
Inventor of Kademlia

Social media

Industries

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