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Finlocale

ICO
Finlocale bounty

FinLocale is a P2P crypto market that connects Bitcoin buyers and sellers.

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Overview

Project industryTrading & Investing
Product typePlatform
WhitepaperFinlocale White Paper Open

What is Finlocale

FinLocale users can sell and purchase Bitcoin through secure escrow and private online chat. The marketplace will start off as a BTC exchange, but the team plan to add the following features later on: FNL (FinLocale Coin) trading, Payment Gateway Services, ETH and LTC Trading, etc. FinLocale supports various payment types, such as gift cards, credit cards, cash, all cryptocurrencies, etc. The platform will charge 1% exchange fee and a small withdrawal fee. FinLocale also envisages an algorithm-based review and rating system for both buyers and sellers. The team is issuing an ERC20 FNL token that can be used to pay platform fees and get discounts.

Details

Pre-sales: Oct 01, 2018 - Oct 31, 2018
Public sales: Nov 01, 2018 - Dec 15, 2018
Token supply: 500,000,000
Soft cap: 2,000,000USD (fiat)
Hard cap: 25,000,000 USD(fiat)
Raised: 2,520,000 USD

Token info

Ticker: FNL
Type: Utility-token
Token price in USD: 1 FNL = 0.05 USD
Accepted currencies: BTC ETH
Bonus program:
Pre-Sale - 25%
01.11-10.11 - 10%
11.11-20.11 - 7.5%
21.11-30.11 - 5%
Starting 02.10, Daily price increment $0.0001
Token distribution:
50% - ICO
30% - Founding Team
15% - Angel Investors
5% - Marketing and Bounties
Funds allocation:
25% - Development
50% - Marketing
15% - Reserve
5% - Team Hires
5% - Legal

Finlocale Roadmap

1
JANUARY 2018

Conception of FinLocale.

2
MARCH 2018

Research & Team development.

3
JUNE 2018

Demo prototype developed.

4
SEPTEMBER 2018

Whitepaper release;
Alpha version release.

5
OCTOBER 2018

Token sale begin.

6
NOVEMBER 2018

Beta version release;
Projected revenue generation.

7
DECEMBER 2018

Token sale ends;
Production app release.

8
MARCH 2019

Mobile version release;
Q1 results.

9
Q1 - Q2 2019

Projected operation profit;
Token buyback & burning.

10
JUNE 2019

Q2 Results.

Project team

Pandi Paramasivan
Pandi Paramasivan
CEO
Pandi Paramasivan linkedin
Karthikeyan K
Karthikeyan K
CTO
Karthikeyan K linkedin
Rathinam S U
Rathinam S U
Functional/UX Architect
Rathinam S U linkedin
Muthu Kumaran
Muthu Kumaran
Technical Architect
Muthu Kumaran linkedin
Daniel Ruvins
Daniel Ruvins
Ambassador
Daniel Ruvins linkedin

Advisors

Dane Elliott
Dane Elliott
Advisor
Dane Elliott linkedin
Donald Keating
Donald Keating
Advisor
Donald Keating linkedin
Robert Karl Hellgren
Robert Karl Hellgren
Advisor
Robert Karl Hellgren linkedin
Rick Perroset
Rick Perroset
Advisor
Rick Perroset linkedin

Social media

Finlocale web-siteFinlocale RedditFinlocale MediumFinlocale TelegramFinlocale BTCTalkFinlocale LinkedInFinlocale X (Twitter)Finlocale Facebook

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