Website

Nitro (NOX)

ICO

Last updated: May 04, 2018

Nitro an independent, blockchain-based online collaboration platform, which seeks to allow participation in the video-games economy.

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Overview

Project industry	Gaming & VR
Whitepaper	Open

What is Nitro

Nitro consists of 2 key components, the Nitro Marketplace and 2 tokens that holders can use for different purposes; NOX (Nitro Token), a club card with privileges attached and NOD (Nitro Dollar), a USD-pegged sub-token to be used as a form of ingame currency.

With NOX, holders can:

1.Participate in the economy by voting on games to be funded,

2.Receive a discount when purchasing NOD, to be used as a form of in-game currency,

3.Receive bonuses for activities taken in the network.

Nitro will fund games voted in by NOX holders on the platform. Promising Game Studios (PGS) will have access to much needed funding and will be able to connect with gamers earlier on in the development cycle.

Details

Pre-sales: Nov 18, 2017 - Nov 22, 2017
Public sales: Nov 30, 2017 - Dec 25, 2017
Token supply: 120000000
Soft cap: 75,000ETH
Hard cap: 61,466,900 USD(fiat)
Raised: 2,694,156 USD

Bounty

Bounty: 2%
Translation: 20%
Social media: 30%
Bitcoin talk signature campaign: 20 %
Other: 30

Token info

Ticker: NOX
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 NOX = 0.543475 USD
Token price in ETH: 1 Token = 0.001250 ETH
Bonus program:
First 24 hours - 25% bonus
Subsequent 48 hours - 15% bonus
Token distribution:
50% - pre-sale and crowdsale
3,33% - reward pool
2.5% - fixed-rate for publishing
5% - interactive limited
6% - team
1% - advisors
32,17% - Reserve for future issuance and use
Funds allocation:
10% - Operations
10% - Marketing
10% - Platform Development
60% - Funding Games
10% - Working Capital