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Korrax

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
Token Sale
ICO token supply 750,000,000
Token details
Ticker KRX
Type Utility-token
Additional Token Emission No
Accepted Currencies

BTC

ETH

USD

STR

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 Medium Active

Team members

Name
Position
Score
Social
CEO
NA
Co-Founder
NA
Co-founder, CTO
NA
Marketing Lead
NA
PR & Marketing
NA
Head of Finance
NA
Head of development
NA

Advisors

Name
Position
Score
Social
Advisor
1
Executive Advisor
NA
Blockchain Advisor
NA
Global Wallet Advisor
NA
Latin America Advisor
NA
Global Advisor
NA
Executive AI Advisor
NA
AI Advisor
NA
Strategic Advisor
NA
Global Strategic Fund Management
NA
Russia Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA
Token KRX
Price 1 KRX = 0.07 USD
Product Type App
MVP Only design
KYC No
Whitelist No
Whitepaper View
Korrax (KRX) widget
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