Published: May 01, 2018

Orsgroup (ORST)

Website

Status

ICO

Orsgroup is an Artificial Intelligence software company providing product Hypersmart Contracts (“HSC”). Hypersmart Contracts (‘HSC’) is concept of integrating A.I. Algorithms with the decentralized storage and the computing power of blockchain contracts for optimizing business processes (the flow of goods and of information/documents) and automatically releasing payments for transactions

Whitepaper

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Interest lvl

Updated: May 04, 2018

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User Rating

Medium

3/5 • 1 votes

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Ticker

ORST

Type

Utility-token

Token standard

ERC-20

FoundedSwitzerland

Registration countrySwitzerland

Office address230 Park Avenue - 24th Floor New York, NY 10169 EIN 47-5276654 or Herzog-Rudolf-Str. 2 80539 München, Germany VAT Nr. DE 259 281 458

What is Orsgroup

ORS Platform will allow dynamic usage of Big Data (both from businesses ERP systems and from external/public databases).
Managing the stochastic conditions under which almost all B2B and B2C transactions occur.
Use of A.I. algorithms.
Open source and API-based coding shall enable third parties certified offering of Hypersmart Contracts and solutions.
Publishing algorithms to be tested on real customer data and to be monetized

Orsgroup Roadmap

May 2016

Platform Release

March 2017

Development

November 2017

ORS SA

January 2018

PRE ICO

April 2018

ICO

October 2018

Hypersmart Contracts

Quarter 1, 2019

ORS Platform

Token Sale Dates

Presale Period

Start date: Jan 01, 2018

End date: Jan 31, 2018

ICO

Start date: May 14, 2018

End date: May 26, 2018

Token Allocation

Total Token Supply 500000000

Funding Details

Soft Cap 6,150,000 USD

Hard Cap 30,750,000 USD

Funds Raised (as of now) 14,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
China, United States

Token distribution

60% - Token Sale
24% - Tokens kept by ORS SA
3% - Tokens available for the Bounty Program
3% - Tokens allocated to advisors
10% - Tokens available for the ORS SA management team, developers and employees

Funds allocation

65% - Development expenses, including HR (Hypersmart Contracts, Marketplace, Platform)
15% - G&A and legal
15% - Marketing & Distribution
5% - Investments (hosting, etc)