Hello friends Blogger, still with me Ade prayoga, For this article I will discuss from a project that is FITTOKEN, FITTOKEN is industry future and health, maybe from all readers Blogger still many do not know about vis mission from project of FITTOKEN, let's see just how it was done.
Introduction
The ongoing growth of Fitness and Fitness & Sports Centers for everyday people and professional sportsmen has changed over the past few decades. The more professional sports and sports professionals change with technology, and even though the Fitness & Sport Industry Center does not always move with Digital Technology trends. This Fitness & Sports Center does it behind.
FIT envisioned a decentralized member-based Blockchain based data warehouse to ensure optimum security, portability and personal benefits. Blockchain is a highly transparent system where customers can use FIT Tokens to pay for membership. FIT will be a decentralized and revolutionary App and Fitness Center out there. FIT will build next generation Fitness & Sport Center platform based on blockchain technology. We strongly believe that blockchain technology has tremendous potential to help accelerate the Sport and Sports Industry. So, be the reason to use the crowdsale token mechanism for pre-sales and financial development products that conflict with traditional business capital.
Introduction to FIT Token
Now all the challenges and statistics are presented, the question arises What is it:
(1) FIT Token and how it is
(2) will donate Blockchain and Crypto Currency communities.
What is FIT Token
FIT is the first decentralized Fitness and Sport platform, built on the Ethereal network. COCOK Tokens are developed to disrupt Fitness & Sport Industry by developing Smart and Innovative Concepts that suit everyday people in Blockchain.
Fit Token is a decentralized opportunity for blockchain community members to buy membership and order at Fitness & Sport Entertainment Center from the convenience of their mobile app or web based platform.
The FIT Token app will be a key tool for every Fitness & Sport Center to perform their daily tasks. Fit tokens will be an advanced application for the Fitness & Sport Center Management System that will utilize the Blockchain network. We strongly believe that blockchain technology has tremendous potential to help speed up Online Membership Subscription to the Sports and Entertainment Center.
Who is fit?
We are a group of professionals who have been in the Fitness & Sport Industry with more than 10 years experience, with a good understanding of Fitness & Sport industry.
The FIT Token concept is to create a Sport and Entertainment Center worldwide and incorporate it into the Blockchain community.
Create a new path for Fitness and Health enthusiasts.
Ini coin offering (ICO)
FIT Tokens will launch its own ICO (Initial Coin Offering) on November 24, 2017. The ICO period will continue until January 24, 2018 after which the token sale will be locked. Taking sales token will ensure FIT Tokens may not be devalued due to inflation. Our ICO is a fund-raising campaign based on the Smart Ethereum Contract. To participate in ICO you must have a crypto currency coin, which you will use to purchase our tokens.
Here is a brief overview of the ICO Parameters:
ICO parameters
The total inventory of Token will be limited by 400,000 FIT
Amount to be raised
- Minimum: 3500 ETH
- Expected: 45 000 ETH
- Maximum: 300 000 ETH
Token FIT - Sale Token in Pre ICO Sale
Our pre-ICO will begin on October 30, 2017 and will last approximately 4 weeks until November 30, 2017. In Pre ICO sales, we will sell about 10% of the total made 12, 500,000 Tokens at $ 0.10 per FIT
Fund Allocation During Pre ICO Sale
Funds allocated during Pre-ICO will be used for marketing and development purposes. COCOK coins will spend a lot of money for marketing purposes and will implement long-term marketing plans by planning some digital marketing approaches such as banner ads, press releases, signature campaigns and social media.
ICO FIT main token
At this stage, we plan to launch a major ICO to raise funds and initiate an immediate exchange of FIT Tokens from your contribution. The total inventory of the Token will be limited by 400,000,000 FIT eg 400 Million FIT.
➢ People who want to use or donate to support the new FIT Token will participate in crowdfund by sending FIT Tokens to the project address.
➢ At the end of ICO Utama, each participant will receive a FIT Token in accordance with the amount of ether or value in US dollars they donate. The more FIT tokens in the crowdfund, the more important each sign is.
➢ After the crowdfund ends, the token will be traded on various exchanges where the value will be determined by supply and demand.
➢ Tokens are then sold to provide funds for investment in future project growth, paying team members for the development of their business, and to promote this project further mentioned in Pre ICO.
➢ We use key concepts such as cap, floor, escrow, audit, bonus, and incentives to protect crowdfund participants from unscrupulous projects, and avoid FIT Tokens from inflation. Furthermore, the implementation of this rule will ensure that those who try to deceive the token holders of the Fit Tokens from their hard-earned FIT Token remain unsuccessful and token holders are rewarded for showing enthusiasm for the project. Hard cap value is maintained 100 million FIT Tokens.
Distribution of Tokens
- 200,000 FIT or 50% of the total will be sold to crowdsale participants. This includes tokens that are available during pre-sales and major sales.
- 75,000,000 FIT or 20% of the total will be issued to develop the Platform and provide incentives to key stakeholders, promote the Platform and reward the initial adapters. Subject to lock down periods.
- 75,000,000 FIT or 20% of the total will be used Marketing, Advisors and Owners
- 50,000 000 FIT or 10% allocated to Rewards for platform users.
Token Sales Structure
Wallet for contributions: BTC, ET, DASH, ZCASH, WAVES
Pre-sales: 10% = 12 500 000 pre-sale tokens at $ 0.10
Initial public sales capitalization:
Stage 1: 25 000000 FIT Token @ $ 0.20 per token (0.00075 ETH)
Stage 2: 25 000000 FIT Token @ $ 0.25 per token (0.00095 ETH)
Stage 3: 25,000 000 FIT Token @ $ 0.30 per token (0.001 ETH)
Stage 4: 25,000 000 FIT Token @ $ 0.35 per token (0.0013 ETH)
Stage 5: 42 500 000 FIT Tokens @ $ 0.40 per token (0.0015 ETH)
Stage 6: 42 500 000 FIT Token @ $ 0.50 per token (0.0019 ETH)
Bounty: Prize will be launched to refer and sell FIT Token. 20% will be added to bounty participation. Minimum FIT token to be purchased at Pre-sale: 3000 FIT
Bonus
Dividend Token
All early adopters who buy tokens will receive a 20% bonus from a number of tokens that are purchased privately, and will be delivered to their FIT Platform when it becomes functional.
For more information about their project, you can see the links I have provided below:
Author: dey90
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=731808
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