 | Papyrus (PPR)ICO Papyrus is decentralized ecosystem for digital advertising. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenTechnical details
Papyrus has launched its MVP that consists of an advertising network using blockchain architecture to enable the transparent purchase of advertising inventory. All calculations between advertisers and publishers are controlled by smart contracts with automatic restrictions on payments depending on the quality of results as verified by independent verification service suppliers. The MVP is deployed on Ethereum TestNet Rinkeby and will be launched in Ethereum MainNet after the second Token Generation Event.
What is Papyrus
1. Channel layer - an off-chain mechanism for collecting, securely storing, verifying and processing business transactions data. 2. Papyrus blockchain - a consortium dPoS blockchain based on Tendermint BFT consensus algorithm, with support of EVM smart contracts. It backs the operation of channel layer and implements ad campaigns business logic including ad verification and payments settlement rules. 3. Cosmos Network integration - the Papyrus blockchain is built as a Cosmos Zone, connected to the Cosmos Hub to benefit from ready interoperability with existing public blockchains. 4. Dashboard applications providing access to the Papyrus functions for advertisers/publishers, and integration tools for onboarding existing adtech platforms.
DetailsPublic sales: Mar 21, 2018 - Jul 31, 2018Token supply: 450000000 Hard cap: 17,500,000 USD Raised: 1,500,000 USD LegalBlockchain Platform: EthereumCountry limitations: China, Singapore, United States Registration country: Singapore Registration year: 2017 Office address: 79 Ayer Rajah Crescent, #05-08Singapore | Token infoTicker: PPRType: Utility-token Token standard: ERC-20 Token price in USD: 1 PPR = 0.055 USD Accepted currencies: BTC, ETH Token distribution: 45% - Token Sale Round 1 and Round 2 15% - Network growth pool, block rewards, advisors, automatic rewards for early adopters 15% - Token sale round 3 for ecosystem participants, lockup until 2019 15% - Papyrus Foundation Pte Limited, 2-year lockup with a 6-month cliff 10% - Founding team, 2-year lockup with a 6-month cliff |
Papyrus Roadmap
R&D team assembled
First white paper published
First partners joined
$1.5M raised in token sale round 1
First proof-of-concept in Ethereum
MVP launch and token sale round 2
Enterprise pilots with partners
Launch of Papyrus Testnet & Papyrus Wallet
Launch of Papyrus blockchain network
Project team
Advisors
Social media
