Published: Mar 05, 2018

Vega (VEGA)

Website

Status

ICO

A decentralized venture capital crowdfunding platform built on Ethereum

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

VEGA

What is Vega

- Founders say that it's similar to The DAO - Vegas funds will be directed to Ethereum-based projects seeking early fundraising - Vega Tokens are a representation of a holders voting right and stake in the fund - Any Vega Token holder can create project proposals through which investment decisions are made - Developer Funding Initiative (DFI) allows any token holders to propose a development contract for Vega`s improvements that anyone developer is allowed to bid on

Token distribution

The maximum supply of Vega Tokens will be 12,000,000. Initially, 3,600,000 (30%) will be created for the presale and Initial Token Sale (ITS), and the rest will be able to be accessed when and if token holders determine the fund needs to raise more money. Developers and early project team members will be issued 18% of the total token supply.