SID (Share Internet Data) is a peer-to-multi-peer decentralized internet sharing system that allows sharing internet from one person's Android smartphone to another nearby in an automated manner. Certain users will be able to get free Internet access by obtaining tokens in exchange for consuming advertising. Those trades will be done through blockchain, on a public exchange to ensure full transparency.
SID is an Ethereum-based token that will serve as a medium of exchange on the network.
SID Token ICO starts on September 15th, 2018. The ICO token supply represents 41% of the total token supply, so there is a total of 4,202,500,000 SIDT tokens available, for 0.1 EUR each. The ICO funding target is unknown, the funding cap is 80,000,000 EUR and is expected to end on December 31th, 2018 or when the funding cap is reached. Unsold Tokens after each deadline are put in Company Pool for another future Token sale.
Token Reserve Split (59%):
SID Token ICO campaign features bonus and bounties.