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ShoCoin (SHO)

ICO

ShoCoin is the token that enables compensation for exchange of identity validation and attributes.

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Overview

Project industryExchanges & Wallets
Product typePlatform
WhitepaperShoCoin White Paper Open

What is ShoCoin

Shocoin users will be able to use ShoCoin on a platform called ShoCard which was invented by the same company (also named ShoCard). Shocoin users need to create a ShoCard ID first and then log in. ShoCoin is going to be the main cryptocurrency of the app, so it will be very important if you want to access its features.

Service providers and governments will also benefit from the company, as they need personal information and it can be a cumbersome idea to make each user register every time that it needs to use a new service.

ShoCard ShoCoin is a way for users to have their identity verified and, instead of having to pay for it, be actually paid for their “service”. The company promises that its platform secures the user data using encryption and always keeps the data private and well stored.

Details

Public sales: May 28, 2018 - Jun 28, 2018
Token supply: 100000000
Soft cap: 8,000,000USD (fiat)
Hard cap: 20,000,000 USD

Legal

Blockchain Platform: Stellar
Registration country: United States

Token info

Ticker: SHO
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.110000 USD
Accepted currencies: ETH
Token distribution:
37% - Reserved
25% - Operations
10% - Pre-sale Investors
10% - Community
5% - ICO Expenses
11% - Ecosystem Partners
2% - Advisors
Funds allocation:
50% - R&D and Operations
30% - Business Development
15% - Marketing
3% - Token Launch
2% - Legal

ShoCoin Roadmap

1
February, 2015

Incorporated ShoCard and formally started the company

2
May, 2015

Built 1st version of Mobile Blockchain ShoCard & presented at TechCrunch Disrupt. Filed 1st provisional patent

3
July, 2015

Raised $1.5M seed round from Morado Ventures, AME Cloud Ventures, DCG & Enspire Capital. Hired initial team

4
March, 2016

Signed up SITA as first public client

5
June, 2016

Began growing number of B2C clients in US and internationally. Clients in financial sector and air travel

6
May, 2017

Began development of enterprise IdP using SAML & OpenID Connect

7
June, 2017

Raised $4M in Series A from prior investors & Storm Ventures, Correlation Ventures, UMC and Danhua Capital

8
August, 2017

Received 1st patent with priority May 2015 date

9
October, 2017

Launch ShoBadge – Enterprise Identity Solution

10
December, 2017

Completed initial implementation of ShoCoin into the ShoCard Platform

11
January, 2018

Introduce complete KYC solution via ShoCard.
Received 2nd patent with priority May 2015 date.

12
February, 2018

Begin pre-sale of ShoCoin to institutional investors

13
March, 2018

Announce new client engagements and partnerships

14
April, 2018

Commercialize ShoCoins into the identity management economy at growing scale

15
May, 2018

Begin integration of ShoCoin into client solutions.
ICO.

16
April, 2019

Commercialize ShoCoins into the identity management economy at growing scale

17
May, 2019

Aggressively grow client base and user growth

Social media

ShoCoin web-siteShoCoin TelegramShoCoin LinkedInShoCoin X (Twitter)ShoCoin Facebook

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