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AlchemyByte (ALB)

ICO

Last updated: Apr 21, 2019

AlchemyByte is a digital token backed both by other cryptoassets whose value is determinable and auditable, and by the development work of its laboratory – AlchemySmartLab.

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Overview

Project industry	Blockchain Infrastructure
Product type	Cryptocurrency
Whitepaper	Open

What is AlchemyByte

The AlchemyByte crowdsale also offers Pre-ICO token buyers an additional token (called SLHashByte or SL#Byte) for every 100 AlchemyBytes subscribed for (up to a set limit).

SL#Bytes entitle the holders to participate in a managed membership-based network project called AlchemySmartLab.

Details

Public sales: Jan 02, 2018 - Feb 16, 2018
Soft cap: 1,000,000 USD

Legal

Blockchain Platform: Waves

Office address: Horizon Chambers, Road Town, Tortola, British Virgin Islands

Token info

Ticker: ALB
Type: Cryptocurrency
Bonus program:
The ICO fixed price will be at least 20% higher than the Pre-ICO fixed price.
Token distribution:
2% of AlchemyBytes - Retained by AlchemyByte Inc.
98% of AlchemyBytes - Distributed in Pre-ICO & ICO
2.35% of SL#Bytes - Retained by AlchemyByte Inc.
47.06% of SL#Bytes - Distributed in Pre-ICO
50.59% of SL#Bytes - Transferred to Purpose Trust (Permanently)
Funds allocation:
80% - to the Master Trust (this asset backs the currency)
10% - to the AlchemySmartLab (this finances the projects and adds premium value to the tokens)
10% - to marketing costs, development costs, distribution, advisers and some to the founders.