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Finlocale ICO

Past ICO
Nov 01, 2018 – Dec 15, 2018

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

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Finlocale ICO ratings

ICOrating.com Finlocale ICO icorating
Hype score Medium
Risk score NA
Investment rating NA
ICObench.com Finlocale ICO icobench 4 / 5
ICOmarks.com Finlocale ICO icomarks 8.6 / 10
TrackICO.io Finlocale ICO trackico 4.3 / 5
ICOholder.com Finlocale ICO icoholder 0 / 5
Our rating
6.3
Claim admin rights for this ICO

Overview

Project industry Trading & Investing
Product type Platform

Features

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.

ICO Details

ICO token supply: 500,000,000
Soft cap: 2,000,000USD (fiat)
Hard cap: 25,000,000 USD(fiat)
Raised: 2,520,000 USD

Legal

ICO Platform: Ethereum

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 ICO 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

CEO in Finlocale ICO - 1
Pandi Paramasivan
CEO
linkedin
CTO in Finlocale ICO - 2
Karthikeyan K
CTO
linkedin
Functional/UX Architect in Finlocale ICO - 3
Rathinam S U
Functional/UX Architect
linkedin
Technical Architect in Finlocale ICO - 4
Muthu Kumaran
Technical Architect
linkedin

Advisors

Advisor in Finlocale ICO - 5
Dane Elliott
Advisor
linkedin
Advisor in Finlocale ICO - 6
Donald Keating
Advisor
linkedin
Advisor in Finlocale ICO - 7
Robert Karl Hellgren
Advisor
linkedin
Advisor in Finlocale ICO - 8
Rick Perroset
Advisor
linkedin

Social media

Web-site Reddit Medium Telegram btctalk LinkedIn Twitter Facebook

User rating:

5/5 ( 1 )

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