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IDGO (KINWA)

ICO

The IDGO Project is a blockchain-based tourism and community economy for indigenous people.

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Overview

Project industryIdentity & Reputation
Product typePlatform
FoundedSamoa

What is IDGO

IDGO strives to strengthen the economy and sustainable development of more than 7000 cultural communities across the globe.

The unique heritage of cultural communities is a treasure hardly recognized for its value. The masses yearn to visit their lands and yet the revenue from tourists is mostly taken away from them. IDGO project aims to create a blockchain ecosystem owned by the communities to get a hold of their economy and release their tremendous potential.

IDGO applies the blockchain technology on the issuance of the digital identity cards for indigenous people and the digital passports for tourists. The system offers indigenous people a self-sovereign identity. It also leads to the development of a decentralized credit system which meets the financial regulatory requirements of Know Your Customer (KYC) and Anti-Money Laundering (AML).

The IDGO’s e-Identity has two categories:

  • Digital Identity Card:
  • The Digital Identity Card is eligible for all community’s members upon application to the community. The community is responsible for the issuance and design of the Digital Identity Cards (see below for example).
  • Digital Passport:
  • The Digital Passport is eligible for all non-indigenous individuals. Digital Passport holders can enjoy discounts on travel activities, cultural goods, sightseeing tours and more.

    Exclusive Cryptocurrency that can be used in all trading activities within each community and its authorized stores or partners.

    Some mainstream cryptocurrencies such as Bitcoin and Ethers are inadequate for applications due to their high transaction cost and long verification process. To overcome those disadvantages, IDGO allows a 2-way conversion between Community Tokens and KINWA tokens using the 2-way peg (2WP) technology based on the integration of Ethereum public chain and side chain. Transactions of Community Tokens are processed at high speed on the side chains with zero transaction cost. The system links Community cryptocurrencies with KINWA to ensure currency stability.

    Based on the Self-sovereignty and Community Cryptocurrency mechanisms, IDGO develops various Social Finance services, including:

  • Smart Wallet: To store Community Tokens and to make payments.
  • Decentralized Credit System: Holders can loan out excess tokens to those in need. Borrowers can enjoy a lower interest rate comparing to what commercial banks offer.
  • Details

    Pre-sales: Mar 26, 2018 - Jul 16, 2018
    Pre-sale token supply: 252000000 KINWA
    Token supply: 100,000,000,000 KINWA
    Soft cap: 20,000 ETH
    Hard cap: 120,000 ETH

    Legal

    Blockchain Platform: Ethereum
    Country limitations: China, United States
    Registration country: Samoa
    Registration year: 2014

    Bounty

    Bounty: 12%

    Token info

    Ticker: KINWA
    Type: Utility-token
    Token standard: ERC-20
    Token price in ETH: 1 ETH = 3,000 KINWA
    Accepted currencies: ETH
    Token distribution:
    20% - Reserve for development
    80% - Community currencies issuance
    Funds allocation:
    Softcap:
    68% - Marketing and Promotion
    26% - Development
    4% - Management
    2% - Law Compliance
    Hardcap:
    86% - Marketing and Promotion
    11% - Development
    2% - Management
    1% - Law Compliance

    IDGO Roadmap

    1
    Q3 2016

    Demand Survey and Market Analysis.

    2
    Q3 2017

    Planning and Prioritization, Interviews with Advisors.

    3
    Q4 2017

    e-Identity Solution Design.

    4
    Q1 2018

    Development of e-Identity Solution; Two-Way Peg Technology Design; Token Sale.

    5
    Q2 2018

    e-Identity Application in Orchid Island Release and Workstations Setup; Development on Two-Way Peg Technology.

    6
    Q3 2018

    Backend Development on Smart Wallet; Gift Card.

    7
    Q4 2018

    IDGO Official Service Release.

    8
    Q1 2019

    Feature Enchancement - Development on Social Credit & Merchat Certification.

    9
    Q2 2019

    Expansion of IDGO Service and Community Collaboration.

    Project team

    Jacob Lee
    Jacob Lee
    CEO
    Jacob Lee linkedin
    Mikael Ringuette
    Mikael Ringuette
    Business Development Manager
    Mikael Ringuette linkedin
    Krishnendu Chatterjee
    Krishnendu Chatterjee
    Business Development Manager
    Krishnendu Chatterjee linkedin
    Victory Liu
    Victory Liu
    Project Manager
    Victory Liu linkedin
    Peggy Chen
    Peggy Chen
    Project Manager
    Peggy Chen linkedin
    Nicky Lu
    Nicky Lu
    Project Manager
    Nicky Lu linkedin
    Brady Liu
    Brady Liu
    CTO
    Brady Liu linkedin
    Percy Grunwald
    Percy Grunwald
    Technical Lead
    Percy Grunwald linkedin
    Brown Jhang
    Brown Jhang
    Application Engineer
    Brown Jhang linkedin
    Bryan Lin
    Bryan Lin
    Technology Lead
    Bryan Lin linkedin
    Kimi Wu
    Kimi Wu
    Core Developer
    Kimi Wu linkedin
    Eva Hsu
    Eva Hsu
    Application Engineer
    Eva Hsu linkedin
    Snake Yang
    Snake Yang
    Designer
    Snake Yang linkedin
    Christine Wu
    Christine Wu
    Designer
    Christine Wu linkedin

    Advisors

    A-Wen
    A-Wen
    Chairman of Orchid Island Environmental Education Association
    A-Wen facebook
    Syaman Rapongan
    Syaman Rapongan
    Oceanic Literary writer
    Syaman Rapongan facebook
    Tuwak Tuyaw
    Tuwak Tuyaw
    Bamboo and Rattan Weaving
    Tuwak Tuyaw facebook
    Su-Yen Chen
    Su-Yen Chen
    Artist
    Su-Yen Chen facebook
    SouShan Wu
    SouShan Wu
    Independent Director of Yuanta Financial HoldingS
    Ray Chen
    Ray Chen
    Superintendent of the Taipei Medical University HospitaL
    ShengShi Wu
    ShengShi Wu
    Independent Director of Thunder Tiger

    Social media

    IDGO web-siteIDGO RedditIDGO MediumIDGO TelegramIDGO BTCTalkIDGO TwitterIDGO Github

    MVP

    MVP URL

    User rating:

    4/5 ( 1 )
    0

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