Basic Information
English name of Token: ASCH
Ticker of Token: XAS
Chinese name of Token: 阿希币
Country of Incorporation: Singapore
Investors:Zhang Shousong.
Industry&Facts & figures:
CCTIME：CCTime, focusing on spreading valuable information, is a distributed sharing platform of social news developed on ASCH side chain technology.
oumei Cottage：Koumei Cottage(KMC), which is called “Kong Ming Wu” in Chinese, is a decentralized market predicting application based on ASCH platform.
Help China：Help China is a mobile application of light-social, news and platform based on ASCH chain with the function that users can allocate and accept assignments online, chat and browse news.
BlockPets：BlockPets is a game based on the blockchain running on the ASCH chain. Users can obtain the virtual value of the game forever.
Hello Kimi：Hello Kimi is the first cloud pets social casual game platform in China based on ASCH side-chain technology.
Dream World：Its a distributed shared 3D virtual space platform based on the earths world. Its the most privacy preserving and widely participated social interaction platform. Its a digital materialized world experience platform based on VR and AR. Its a platform for value added and maintenance of digital assets.
Propitious Dog：Leaving 2017 Year of the Rooster, 2018 Year of dog is coming. As Spring Festival which is Chinas most important traditional festival arrives, Chinas first encrypted zodiac collection applications based on blockchain technology will be released on the ASCH Chain platform.
3UDAO：33U is a democratic performance organization, which is driven by TOKEN on top of machine trust. It is positioned as the home of block chain technology, Blockchain project rating, incubation and investment funds raising.
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SubSpace：SubSpace is based on the value of the game for players to play autonomy as the core, developed by ASCH side-chain technology distributed intelligent game platform.
Description of the project:Asch is an efficient, flexible and safe decentralized application platform, which was initially designed to lower the threshold / barrier to entry for developers. With the use of JavaScript as its application programming language, the platform makes use of relational databases to store data, drawing similarities between developing a DAPP and developing a traditional web application. This type of platform carries a great deal of appeal to developers, as well as small and medium enterprises, since its ease of use results in greater productivity, fuelling and facilitating a more prosperous ecosystem in the process. Asch is open in design and is not limited to any particular niche market such as finance, document storage, copyright certification, etc. The APIs which it provides are underlying and abstract, and they can be combined freely so as to facilitate a variety of applications. In terms of the consensus mechanism, Asch has inherited and enhanced the DPOS algorithm, simultaneously reducing the probability of forking and double spending by a significant degree. Furthermore, Asch's side chain, i.e. the application mode, not only improves scalability by delaying the expansion of the blockchain, but also makes DAPPs more flexible and personalized. Asch is a forward-looking, low-cost and one-stop application solution, which is believed to be a new generation of incubator for decentralized application.
ICO details:
Total available supply:Initial 100million。（Block rewards will decrease over time, and the specific time will be based on the height of a future block. The block rewards of Asch system start from the beginning of 464500 block. The initial reward is 3.5 coins. Every 3 million block decreases once and it lasts about 1 year. After 15464500 block, the reward is no longer decreasing and each year has slightly less than 1.5% inflation rate.）
Tokens in circulation: 114,855,331（2018/5/22）
Pre-sale start date: N/A
Pre-sale amount: N/A
Pre-sale price:N/A
Public sale start date: 2016/5/22
Public sale amount: 75million XAS
Public sale price: 1BTC=37500XAS($0.015)
Token distribution:
Total quantity of initial public offering 75%
The awards of early recommenders and activities 2%
The awards of early supporters 1.5%
The awards of App developers 6.5%
The funds of promotion, operation and cooperation 5%
The token reserved by the core team 10%
Other Information
Official site:www.asch.io
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.