Smilo is a blockchain platform which supports the combination of hybrid transactions, hybrid smart contracts, and hybrid decentralized applications — with ‘hybrid’ referring to both public and private. Smilo's intent is to use blockchain technology to create an alternative protocol for decentralized applications.
Smilo tokens are Ethereum-based (ERC-20), and a part of the Smilo network itself, as they represent a user’s own personal shares and thus are emblematic of each user’s power to influence the network itself. SmiloPay tokens are the medium with which to pay for all service fees and upkeep of the Smilo network.
Smilo ICO will begin on April 24, 2019. The ICO token supply represents 10% of the total token supply, so there is a total of 20,000,000 SMILO tokens available, for 0.25 USD each. The ICO funding target is 2,500,000 USD, the funding cap is 18,000,000 USD and is expected to end on May 10, 2019 or when the funding cap is reached. Any unsold/remaining tokens will be distributed amongst all Smilo ICO participants through an airdrop.
Token Reserve Split (90%):
Smilo ICO features a bounty campaign as well as bonuses during the Pre-Sale depending on the investment value