Introducing the Feeed ICO

The Feeed token sale will begin at 20pm GMT (UTC+0) on October 6th 2017

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token sale Details

The launch of the Feeed, and the corresponding token creation process, are organized around smart contracts running on Ethereum.

06.10.2017

Date of start presales ICO

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15.000.000

Number of tokens on ICO

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1 ETH = 500 FXX

Value of token

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FXX

The official name of token

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ETH BTC USD EUR and more

Deposit method

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17.11.2017

End ICO date

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Feeed Core Dev

4,5% of FXX created during the token sale will be allocated to Feeed Core Dev; the founders and team, over a 24 month vesting period. This means Founder tokens will not be immediately tradable, further aligning the Founders interests with executing upon the long term goals for the project


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FXX Allocation Summary

Core
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    Public Contributors

  • 88% of FXX created during the token sale will be allocated to the Public Contributors who send ETH to the smart contract address.

  • Founders

  • 4,5% of FXX created during the token sale will be allocated to Feeed Core Dev; the Founders and Team.

  • Hard Contributors

  • 4,5% of FXX created during the token sale will be allocated to the Hard contributors.

  • Bounty Contributors

  • 3% of FXX created during the token sale will be allocated to the Bounty contributors.


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Project Budget

Funds raised during the token sale will be used solely for the development and benefit of Feeed. Feeed is the first ever open source fundraising built entirely on peer-to-peer technologies, and should be considered an R&D project involving bleeding-edge protocols. A budget has been outlined below, representing a scenario where our first ceiling of 5M€ has been reached.

Core Development

50

50%

To improving the end-user experience of client and implement new features

Security

15

15%

We are commencing security audits in Q4. Each feature introduced will require an audit.

Legal

20

20%

Our legal costs ensures that we fit within regulatory parameters in all new market

Marketing

15

15%

Will cover ongoing community building events end reaching the general public via marketing channels.



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