Abab

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Ico logo abab.jpg Decentralized marketspace for accommodation rent
Rating 2
Team Vision Product
0 0 0


Summary[edit]

Abab.io is a decentralized marketspace for accommodation rentals where a blockchain solves the issue of trust between the host and the guest.

Token AbabCoin
Price Determined at the time of the tokensale launch.
Platform Ethereum
Accepting ETH
Soft cap 5,000,000 USD
Tokens for sale 298000000
Country Russia
preICO start preICO end ICO start ICO end
2017-07-13 13:13:13 2017-07-31 00:00:00 2017-09-15 00:00:00 2017-10-15 00:00:00


About[edit]

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




 


Team[edit]

Team photo 168-1233.jpg
Aleksey Nebotov
Project Team Lead
Team photo 168-1234.jpg
Sergey Latatuev
Project Architect
Team photo 168-1235.jpg
Denys Matuzenko
Project Front End Developer


Team photo 168-1236.jpg
Yaroslav Lunev
Head of Communications
Team photo 168-1237.jpg
Alyona Kazakova
Community Manager
Team photo 168-1238.jpg
Bogdan Medvedev
Project Back End Developer



Milestones[edit]

  1. PreICO
    13-23 June 2017
  2. MVP
    5 September 2017
  3. ICO
    15 August - 15 September 2017
  4. Start of attracting partners
    February 2018
  5. Start of attracting hosts
    May 2018
  6. Start of promotion for guests
    June 2018

Ratings[edit]

Expert photo benchy.jpg

Benchy - ICO Analyzer Bot
Rated on 2018-09-26

Rating
Team Vision Product
0 0 0