English name of Token: CariNet Token
Ticker of Token: CIT
Chinese name of Token: 海盗币
Country of Incorporation: Caribbean
Investors:Frank Zheng,Charles Xue.
Industry&Facts & figures:
Digital assets ATM machines are landing. Multifunctional wallet is under development. The project has signed the first national data node with the government of Saint Martin and come to cooperation agreements with several other countries in the Caribbean for fully local infrastructure construction.
Description of the project:CariNet Project is a digital finance and free trade system for the Caribbean Area, initiated by the Caribbean Free Trade Zone. The project will establish a blockchain payment and digital finance infrastructures, construct a blockchain intelligent international trading platform and attract blockchain industry companies’ registration. It will enable the Caribbean Area to become a global digital financial center and free trade zone in the new era, and create new power for economic growth within the area. 1.Caribbean Digital Finance and Free Trade System adopts the CariNet Token (CIT) as the rights token within the system.
Except for the application of CariCash official token during the cross-border payment process, all the other services provided by the Platform shall be paid through CIT Tokens. In the meantime, CIT Token will function as an important tool in constructing a blockchain-based user credit system and an honest, self-governed community, which further realize credit certification, community arbitration, decision voting and other functions.
Total available supply:1,000,000,000 CIT
Tokens in circulation: 35,000,000 CIT(2018/7/10)
Pre-sale start date: 2018/4/25
Pre-sale amount: 85,000,000CIT($17,424,660)
Public sale start date: N/A
Public sale amount: N/A
Public sale price: N/A
Founding Team: 10%
Strategic Advisor: 10%
Community Reward: 1%
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.