 | AlchemyByte (ALB) |
Status
ICO
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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Ticker
ALB
Type
Cryptocurrency
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.
Token Sale Dates
ICO
Start date: Jan 02, 2018
End date: Feb 16, 2018
Funding Details
Soft Cap 1,000,000 USD
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.
Project team
David Hadberg
Mark Shaw
Advisors
Malcolm Cauchi
Petri Tuokko
John Ditz Lemche
CJ Thomas
Rositsa Mileva
Samuel Rondot
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