Exscudo, the next-gen financial ecosystem that unites the traditional financial system and the cryptocurrency market, has announced its ICO, starting tomorrow on the 25th April. Pre-orders of EON coins until then will receive a 10% bonus. The ICO will run 37 days until May 31st. The price for 1 EON coin is fixed at 0.0002 BTC. All investors will be able to trade daily on the Exscudo Exchange the same amount of money as they have invested.
The pre-order of EON coins is available in the web cabinet. Users are required to create an Exscudo account in order to gain access to access the pre-order, Bounty campaign and the ICO. The signup form is available on the ICO page. Users that have pre-ordered EON coins need to buy them out within the first 48 hours of the ICO to receive a 10% bonus. The company also offers bonus coins for investors that join the project in the first weeks. Users that invest in the first 10 days receive a 5% bonus, and those that invest in the second 10 days receive a 2.5% bonus.
All pre-orders are fixed in a special ‘book’ and closed after the payment during the first 48h of the ICO. Users who have pre-ordered coins have priority, but the orders are closed in turns according to the list, in a first-come first-served basis.
In the event that not all of the coins allocated for investment are sold during the ICO, 50% of the remaining unsold coins will be distributed among the ICO participants, in shares equal to possession of the tokens at the time of the end of the ICO. The remaining 50% of unsold coins will form a non-profit Exscudo fund, with the task of scientific development of the EON blockchain and Exscudo security systems.
The funds raised will be allocated on a public multi-signature wallet. A supervisory board formed by independent experts will approve or block the spending after the ICO.
