Website

Orsgroup (ORST)

ICO

Last updated: May 04, 2018

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

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Overview

Project industry	Big Data & Data Storage
Product type	Technology
Founded	Switzerland
Whitepaper	Open

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

Details

Pre-sales: Jan 01, 2018 - Jan 31, 2018
Public sales: May 14, 2018 - May 26, 2018
Token supply: 500000000
Soft cap: 6,150,000 USD
Hard cap: 30,750,000 USD
Raised: 14,000,000 USD

Legal

Country limitations: China, United States
Registration country: Switzerland

Office address: 230 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

Bounty

Bounty: 3%

Token info

Ticker: ORST
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.061500 USD
Accepted currencies: ETH
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)