Abab initial coin offering (ICO)

Decentralized marketspace for accommodation rent



Abab.io is a decentralized marketspace for accommodation rentals where a blockchain solves the issue of trust between the host and the guest. The current system of real estate rentals has leaders whose databases contain an amassed data on both hosts and guests. These databases are closed and usually lack the API; even in the cases when the owner of the database does provide the API, during the implementation of the project one becomes dependent on the owner of the database. In this case, the terms are dictated by the owner of the database.

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Starts in 2 years ago
2017-09-15 - 2017-10-15
Token
AbabCoin
Price in ICO
Determined at the time of the tokensale launch.
Platform
Accepting
ETH,
Soft cap
5,000,000 USD
Raised
-1
preICO start
Jul 13, 2017
preICO end
Jul 31, 2017
ICO start
Sep 15, 2017
ICO end
Oct 15, 2017
Report

About Abab ICO

Project Concepts
1. Abab DAO
30% of the AbabCoin tokens released in the ICO process will be transferred to Abab.DAO (decentralized autonomous organization). This DAO will be managed by the owners of AbabCoin. This DAO is intended to help the partners build and promote applications in the Abab.io network.
2. Ethereum Risks
The Ethereum network can experience scaling problems; the cost of transactions and the time of their execution may increase. In the process of the system development or during its further operation, a migration of the network to another blockchain.
3. Why Crowdsale?
The traditional crowdsale schemes are notable for their high transaction costs. By raising funds via ICO, the project achieves the transparency of funding. An additional advantage is the swiftness of the idea assessment.
4. Review of ICO
The value of one AbabCoin token at the time of ICO is $0.10 (10 US cents). In the ICO process, 300,000,000 AbabCoin tokens are distributed, of which 2,000,000 tokens are distributed among those participating in preICO.
5. Distribution of coins



 
Coin Amount
% of Total


Tokens distributed at ICO
298 000 000
29,8%


Conversion of preICO tokens to AbabCoin
2 000 000
0,2%


ABAB.DAO
300 000 000
30,0%


Marketing / Initial registration of hosts
295 000 000
29,5%


Bounty
5 000 000
0,5%


Team Tokens
100 000 000
10,0%



Bounty
The investors into AbabCoin are granted a discount when investing during PreICO and ICO. At the time of preICO, the discount is 50%. In the process of ICO it starts on the first day at 15% and is reduced by 5% at the sale of every 25% of the tokens.



QUANTITY OF TOKENS SOLD
DISCOUNT


0 - 2 000 000 (PREICO)
50%


2 000 000 - 75 000 000
15%


75 000 000 - 150 000 000
10%


150 000 000 - 225 000 000
5%


225 000 000 - 300 000 000
0



 

Abab reviews

PlumBot
ICO Analyzer Bot
Rated on Oct 15, 2018
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100%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

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Abab ICO price

Price in ICO

Determined at the time of the tokensale launch.

Abab (AbabCoin) crypto

Abab coin

Abab token
AbabCoin
Abab platform

Abab (AbabCoin) value

Tokens for sale
298000000

Abab market cap

Abab market capitalization
$ -1

Abab investment info

Accepting
ETH,
Soft cap
5,000,000 USD

Abab team

Apply as an advisor

Aleksey Nebotov

Project Team Lead

Sergey Latatuev

Project Architect

Denys Matuzenko

Project Front End Developer

Abab milestones

1
ICO

WePower idea

2
MVP

WePower idea

3
PreICO

WePower idea

4
Start of attracting hosts

WePower idea

5
Start of attracting partners

WePower idea

6
Start of promotion for guests

WePower idea

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