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Korrax (KRX)

Exchanges & Wallets

Overview

Cryptocurrency Korrax (KRX) used in fully encrypted messenger app Ravn, designed to keep track of and incentivize user participation within the app. 

Features

Ravn messenger app will be using the Stellar network to issue Korrax (KRX) tokens. Every existing Ravn account will be supplemented with a Korrax (KRX) wallet.

The Ravn Stealth Protocol includes: AES-256 encryption, BIP 32, BIP 44 and BIP 39 and cloaked app activation. Users will be able to spend Korrax (KRX) on features within the Ravn app, transfer Korrax (KRX) to other users, exchange Korrax (KRX) for other crypto or fiat currencies, and use Korrax (KRX) in smart contracts (sports betting, lotteries, party bets, polls, tipping, document contracts).

The Ravn messenger app uses its own platform for the creation and execution of smart contracts (Ravnpay). Custom AI-based oracle is in development.

Crowdsale

Pre-sale
Pre-sale start date 07 Jun 2018
Pre-sale end date 04 Jul 2018
Pre-sale token supply 250,000,000
ICO
ICO token supply 750,000,000
Legal
ICO Platform 3
Token details
Ticker KRX
Type Utility-token
Additional Token Emission No
Accepted Currencies

BTC

ETH

USD

Bonus Program

Pre-Sale:

  • Week 1: 30% bonus
  • Week 2: 25% bonus
  • Week 3: 20% bonus
  • Week 4: 15% bonus

Sale: 

  • Week 1: 20% bonus
  • Week 2: 15% bonus
  • Week 3: 10% bonus
  • Week 4: 5% bonus
Token distribution

50% - Participants

40% - RAVN Inc.

10% - Private Placement

Funds allocation

Pre-Sale:

  • 45.5% - Marketing
  • 27.5% - Stealth Wallet Development
  • 12% - Additional Product Feature Dev.
  • 10% - Operating Costs
  • 5% - Servers / Tech Upgrades

Sale: 

  • 40% - Global Users Acquisition
  • 20% - Blockchain / Smart Contract Dev.
  • 20% - Oracle AI Development
  • 15% - Operating Costs
  • 5% - Servers / Tech Upgrades

Ratings

Type of scores
Score
Status
Hype score High Active

Team members

Name
Position
ICO
Social
CEO Member of this ICO only
Executive Advisor Member of 2 ICOs
Global Wallet Advisor Member of this ICO only
Co-Founder Member of this ICO only
Co-founder, CTO Member of this ICO only
Marketing Lead Member of this ICO only
PR & Marketing Member of 8 ICOs
Head of Finance Member of this ICO only
Head of development Member of this ICO only

Advisors

Name
Position
ICO
Social
Advisor Member of 2 ICOs
Blockchain Advisor Member of this ICO only
Latin America Advisor Member of this ICO only
Global Advisor Member of this ICO only
Executive AI Advisor Member of this ICO only
AI Advisor Member of this ICO only
Strategic Advisor Member of 2 ICOs
Global Strategic Fund Management Member of 5 ICOs
Russia Advisor Member of 34 ICOs

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info NA
Token KRX
Product Type App
MVP Only design
Whitepaper View

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