English name of Token: Ripio Credit Network
Ticker of Token: RCN
Chinese name of Token: N/A
Country of Incorporation: Cayman Islands
Investors: Tim Draper, Overstock.com, Boost.vc, Pantera Capital, Fenbushi Capital, BlockTower, Alchemist Ventures, LinkVC, Nirvana Capital, Zenith Ventures
Industry & Facts & figures: Lending, FinTech
Description of the project: RCN is a peer-to-peer global credit network protocol based on cosigned smart contracts and blockchain technology. The RCN protocol connects lenders and borrowers all over the world in any currency through RCN tokens.
Total available supply: 999,942,647 RCN
Tokens in circulation: 490,533,009 RCN(2018/2/12)
Pre-sale start date: Oct 24th, 2017
Pre-sale amount: 107,500 ETH
Pre-sale price: 0.00025 ETH
Public sale start date: Nov 5th, 2017
Public sale amount: 14,500 ETH
Public sale price: 0.00025 ETH
51% of RCN Tokens made available for sale (Up to 42.5% RCN Tokens may be sold to purchasers before the TGE. A minimum of 8.5% RCN Tokens will be made available to the general public via crowd sale).
15% RCN Tokens will be kept as a pool to incentivize the participation of agents and for otherwise bootstrapping the network.
34% RCN Tokens will be held as a provision for partnerships, marketing, and future RCN expenses.
Official site: https://ripiocredit.network
Disclaimer: This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.