Website

SmartCity (STC)

ICO

Last updated: May 04, 2018

SmartCity will be a platform for Smart Cities, where any city can launch its own cloud platform with dedicated name, design, options and smart modules to start its own smart environment. The platform will be totaly based on the SCT – Smart City Token.

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Overview

Product type	Platform
Whitepaper	Open

Technical details

List of smart modules that are planned to be developed by the team: Smart Citizens (Functional) Smart SMS & Notification (Functional) Smart Waste Sorting (Functional) Smart Democracy Smart Bins Smart Parking Smart Governance Smart Land titles

What is SmartCity

Use of tokens in the system:

Monthly fee in SCT tokens that will be calculated every month
The city should have additional tokens to be able to unlock additional features
Some modules will enable the local goverments to recieve payments from citizens in SCT (eg. Smart Parking)
Internal payment for services
Cross border payment for cities services
Citizen incentivized for contributing to the ecosystem
Token will have Voting & Veto rights in important development decisions

Details

Pre-sales: Mar 15, 2018 - Mar 31, 2018
Public sales: Apr 01, 2018 - May 31, 2018
Pre-sale token supply: 10000000
Token supply: 80000000
Hard cap: 2,553,670 USD(fiat)

Bounty

Bounty: 5%

Token info

Ticker: STC
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 STC = 0.02913766 USD
Token price in ETH: 1 Token = 0.000077 ETH
Accepted currencies: ETH
Bonus program:
Week 1 - 1 ETH = 6,500 STC
Week 2 - 1 ETH = 6,000 STC
Week 3 - 1 ETH = 5,500 STC
Week 4 - 1 ETH = 5,000 STC
Token distribution:
90% Crowdsale
5% Reserved tokens
5% Bounty program
Funds allocation:
90% Platform development
10% R&D and Administration