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Cube Chain

ICO

Published: Aug 05, 2018

Cube Chain is the 4th generation blockchain, that creates a cube with 27 blocks and connects company’s cube to other cubes along with it.

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Overview

Project industry	Blockchain Infrastructure
Product type	Platform
Whitepaper	Open

What is Cube Chain

Cube Chain has created an algorithm of Block Chains called "Cube" to solve the problems of speed reduction and scalability caused by the existing linear connection architecture. Cube Chain creates data blocks quickly and securely in parallel through 24 transaction pools. It has a structure that creates 24 data blocks at the same time and combines 3 special blocks into a cube. Cube Chain combines parallel processing and special blocks to expand the functional elements of the database through the concept of cubes instead of blocks, enabling speed enhancement and data aggregation. Therefore, the development of Cube Chain will show various online services that require the developed block-chain source technology to issue the encrypted currency and require the public database.

Details

Public sales: Jun 30, 2018 - Oct 03, 2018
Token supply: 300,000,000
Soft cap: 3,750ETH
Hard cap: 8,546,250 USD(fiat)

Legal

Country limitations: China, Singapore, United States, South Korea, North Korea,

Token info

Ticker: QUB
Type: Utility-token
Token price in USD: 1 QUB = 0.0634914 USD
Accepted currencies: ETH
Bonus program:
June 30th - August 15th 1ETH = 8,000QUB
August 20th - October 5th 1ETH = 7,200QUB
Token distribution:
POW+POS Compensation 80%
Initial development 10% (2.5% - ICO and 7.5 % were for pre-sale. 2% marketing, 3% - developing Cube Chain, 5% - developing business model and service)
Business model / solution development 5%
Platform maintenance 3%
Marketing 2%
Funds allocation:
10% reserve fund
10% service reserves
2.5% consultant
0.5% airdrop, bounty
7% legal, accounting
15% service operating expenses
55% R&D