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Simple Token

Gaming & VR

Overview

An ecosystem (Simple Token - ST) and software suite that lets mainstream consumer applications launch their own tokens.

Features

Simple Token [“ST”] is an EIP20 token. OpenST is a protocol to support token economies in mainstream consumer applications. The protocol enables ST to be staked on ethereum mainnet against minting Branded Tokens on open scalable side chains. The Simple Token software enables companies to launch and manage their own branded token economies based on Simple Token. The OpenST protocol enables the creation of utility tokens on a utility blockchain while the value of those tokens is backed by staked crypto-assets on a value blockchain.

Technical Details

Simple Token is in a fixed supply of 800M tokens generated at token generation event. Simple Token is freely tradable on Ethereum and is the base token on the utility chains where it pays for transaction fees of branded token transactions. There is no block reward for validation of the the utility chains. Validators need to stake Simple Token on Ethereum to validate on the utility chains.

Crowdsale

Token Sale
ICO start date 12 Nov 2017
ICO end date 19 Nov 2017
Raised 21,728,192 USD
Legal
ICO Platform No
Token details
Ticker OST
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

800 million Simple Tokens will be created. This is a finite supply. - 30% of supply will be sold in the first token sale on 14 November, 2017. -27.2% reserved for the Network Accelerator Program. -12.6% to 17.8% (depending on token sale 1 bonuses) for future token sales. -5.61% for early backers, on a 3 year vesting schedules. -10% for advisors, on a minimum 2 year vesting schedules. - 10% for the founding team, on a minimum 3 year vesting schedules.

Ratings

Type of scores
Score
Status
Hype score Medium Active
Risk score Low Active

Team members

Name
Position
ICO
Social
Engineering lead Member of this ICO only
Chief Technology Strategist Member of this ICO only
Director Market Development Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only

Funding Rounds

Fund
Status
aum
Strategy
Live $2,837,000 Venture, Hedge
Live NA Venture, Accelerator
Live NA Venture
Live NA Venture

Development

layout.headers.Pre_launch
Launch
Custom blockchain
Testnet
Mainnet
NA NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Low
Basic Review
Simple Token ICO Contacts
Website

Ended

Raised: $21,728,192

Start ICO 12 Nov 2017
End ICO 19 Nov 2017
Token OST
MVP No
Whitepaper View
Simple Token rating widget
Rating Get this widget
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