Website

Codex Protocol (CODEX)

ICO

Published: Jun 08, 2018

Codex is a decentralized registry for assets like art, fine wines, watches and more.

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Overview

Project industry	Art & Music / RWA / Protocol
Product type	Protocol
Whitepaper	Open
Onepager	Open

What is Codex Protocol

Codex issued a native token for several purposes: to access and pay fees to the registry to create, amend and transfer titles. Codex token is further used to align incentives within the Codex ecosystem.

Once an item is on The Codex, its future ownership is immutably tracked. When items are first loaded onto The Codex, any associated information needs to be verified.

Codex Protocol relies on Validators to research and load this information or to verify it if loaded by end-users.

Codex could support an application that enables buyers to post bounties for appraisals of a Codex Record that appraisers can complete for by appraising the authenticity and value of the piece.

Details

Public sales: Jul 24, 2018 - Aug 24, 2018
Token supply: 400,000,000
Hard cap: 15,000,000 USD
Raised: 12,000,000 USD

Legal

Country limitations: China, United States
Registration country: United States
Registration year: 2018

Token info

Ticker: CODEX
Type: Utility-token
Token price in USD: 1 CODX = 0.067 USD
Accepted currencies: ETH
Token distribution:
40% - Token Sale
20% - Operating Company Reserve
20% - Community Pool
10% - Founders & Early Backers
5% - Advisors
5% - Team