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Nimiq Exchange Token (NET) Price Chart Market Cap (NET*/USD)

Nimiq Exchange Token (NET) Price Chart Market Cap (NET*/USD)

Full Name
Nimiq Exchange Token (NET)
Start Date
2017-06-06
Algorithm
N/A
Proof Type
N/A
Facebook
N/A
Nimiq Exchange Token (NET) Block NumberBlock Number
N/A
Nimiq Exchange Token (NET) Block TimeBlock Time
N/A
Nimiq Exchange Token (NET) Block RewardBlock Reward
N/A
Max Supply
N/A
Nimiq Exchange Token (NET) Net Hashes Per Second Net Hashes Per Second
N/A
Description

Nimiq Exchange Token (NET) Coin Description

Nimiq is a Browser-based Blockchain & Ecosystem Written in Javascript ES6 designed to make cryptocurrency easier for the enduser. Using WebRTC and WebSocket connections, Nimiq's ecosystem native to the web, allowing users to sync in seconds and to mine directly from the browser.

The Nimiq project is not live yet and the team has issued IOU tokens that can be traded. These tokens are callred Nimiq Exchange Tokens (NET) and they are ERC20 tokens based on the Ethereum blockchain. NET tokens will later be exchangeable for real Nimiq tokens.

Technology

Nimiq Exchange Token (NET) Coin Technology

Sorry, detailed technology about Nimiq Exchange Token (NET) is not currently available

Features

Nimiq Exchange Token (NET) Coin Features

Sorry, detailed features about Nimiq Exchange Token (NET) is not currently available

ICO Status

Nimiq Exchange Token (NET) ICO Details

ICO Status
Finished
Token Supply
210000000
Start Date
2017-06-28
End Date
2017-07-08
Fund Raised (BTC)
60,000 ETH
Fund Raised (USD)
14400000
Start Price (USD)
0.00571428571
Security Audit Company
N/A
ICO Legal Form
N/A
ICO Jurisdiction
N/A
Legal Advisers
N/A
White Paper

Nimiq is a Browser-based Blockchain & Ecosystem Written in Javascript ES6 designed to make cryptocurrency easier for the enduser. The Nimiq project is not live yet and the team has issued IOU tokens that can be traded. These tokens are callred Nimiq Exchange Tokens (NET) and they are ERC20 tokens based on the Ethereum blockchain. NET tokens will later be exchangeable for real Nimiq tokens.

The Nimiq ICO started the 6th of June, 13:00 UTC and ran for 10 days. With almost 4'400 valid contributions the Contribution and Creation Cap where fully met and reached in just 10 days. During this time, Nimiq gathered 4,992 BTC in exchange for 10,500,000 NET tokens. ICO specifications:

  • NET are standard tradable ERC20 tokens.
  • Exchange rate: 1 NIM = 10 NET.
  • Tokens created in sale: up to 10'500'000 NET.
  • The sale is capped at 60’000 ETH.
  • Bonus: 
    - First two weeks: 1 ETH = 175 NET 
    - Last two weeks: 1 ETH = 125 NET

These tokens will be exchanged for Nimiq tokens at a 10:1 exchange rate, which means the ICO supply is 5% of the total Nimiq supply (21M). 88% will be distributed in mining rewards. The remaining Nimiq tokens will be distributed as so:

  • 5% Token Sale Contributors (no vesting, ~25% circulating supply yr 1)
  • 2.5% Long-term Endowment Foundation¹ (10 year vesting)
  • 2% Good Cause Partnerships and Sponsorships² (10 year vesting)
  • 1.5% Early Contributors (6 month vesting)
  • 1% Creators (3 year vesting)

 

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