About

The core idea of FACTS is to construct a set of “Factual Content Incentive Mechanism “that is based on blockchain technology, namely Proof of Facts (PoF). Users can obtain the right of reward allocation through any operational behavior on the factual content. By doing so, they help to solve current problems on the Internet such as massive false content, underpowered creation, low propagation efficiency and so on. FACTS evaluates content through the “FACTS Index” assessment model which provides a strong credibility reference for content review panel and users. After the assessment, the trusted content is stored in the Facts Pool and then is automatically used to build Facts Graph through the NLP engine.

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IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    Apr 29th, 2019 4:00 am (UTC)

  • IEO Closing Date:

    Apr 29th, 2019 6:00 am (UTC)

  • Country of Origin:

    China

  • TOKEN DETAILS

  • Symbol:

    BKC

  • Blockchain Type:

    Ethereum

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    1 539 000 USD

  • Total Token Supply:

    9 000 000 000 BKC

  • Tokens for Public Sale:

    1 350 000 000 BKC (15.0000% of total token supply)

  • Public Sale Token Price:

    1 BKC = 0.00114 USD

  • Public Sale Vesting Period:

    No lockup

  • Token Sale Format

    Standard

  • Private Sale Token Price

    1 BKC = 0.00163 USD

  • Private Sale Allocation

    15

  • Private Sale Vesting Period

    Release 25% after exchange listing, the rest will be unlocked in 6 months

  • Legal Information

  • Company Name:

    FACTS Foundation

  • Country of Incorporation:

    China

  • KYC:

    Required

  • Restricted Areas:

    Afghanistan, Albania, Belarus, Bosniaand Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe

Team

  • Yuan Du

    Yuan Du

    CEO & CSO

  • Sweeny Li

    Sweeny Li

    COO

  • Mona Lan

    Mona Lan

    CFO

  • David Dai

    David Dai

    CTO

  • Robin Liu

    Robin Liu

    CAO

Advisors

  • Liren Chen

    Liren Chen

    Chief technical advisor

  • Yuqian Xiong

    Yuqian Xiong

    Chief product advisor

  • Binsheng Wang

    Binsheng Wang

    Chief strategic advisor

  • Kevin Wen

    Kevin Wen

    Chief financial advisor

  • Lucas Lu

    Lucas Lu

    Chief industry advisor

Initial Offering News