Essentia (ESS)

ICO

IEO

Last updated: Apr 11, 2021

Essentia is a masternode powered blockchain that enables interoperability and cross-chain transactions.

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology
Founded	Switzerland
Whitepaper	Open

Bounty program

What is Essentia

The aim of Essentia is to build a global decentralized cryptosystem which offers the best, and latest, blockchain innovations in one convenient environment. It offers fast, stable, secure and private transactions over its network and is designed to remain up to date with incoming technology. Every feature implemented Essentia One blockchain is tailored to create a single ecosystem capable of implementing the latest and most efficient technological practices.

The Essentia engineers have already begun implementing the best features currently available, these include a masternode network, staking technology, token swaps, dApp capability, multi-wallets, and identity management. Essentia remains true to the fundamental principles of decentralization: transparency, open-source code, and interoperability.

An enormous effort has been made to incorporate these features into a single essential unit. This work has enabled the Essentia team to offer a unique product entirely differentiated from any competitors.

These are the primary features of the Essentia blockchain network:

Security and scalability.

Decentralized system powered by Masternodes.

Atomic swaps.

Essentia superwallet.

Anonymous Peer-To-Peer currency.

Growing large community on multiple social resources.

Higher network security based on PoS (Proof of Stake) consensus instead of PoW (Proof of Work).

The proactive, experienced and highly skilled dev team.

Details

Public sales: Jun 25, 2018 - Jul 25, 2018
IEO (Bibox Launchpad): Apr 06, 2021 - Apr 06, 2021
Token supply: 1,755,313,373 ESS
Hard cap: 20,100,000 USD
Raised: 25,500,000 USD

Legal

Country limitations: CHINA, CUBA, IRAN, NORTH KOREA, USA
Registration country: Switzerland
Registration year: 2017

Office address: Essentia One SArue du Rhône 1141204 GenèveSwitzerland

Token info

Ticker: ESS
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 ESS= 0.04438536 USD
Token price in ETH: 1 Token = 0.000067 ETH
Accepted currencies: ETH
Token distribution:
46% - Crowdsale
18% - Team
10% - Advisors
11% - as Project reserve
10% - Masternodes
5% - Ambassador program
Funds allocation:
56% - development
16% - marketing
9% - Business Development
4% - Legal
6% - Management and operations
9% - Others