Force Protocol IEO | Coinspeaker

About

The Force Protocol Project is a decentralized protocol layer project which is developed and managed by THE FORCE PROTOCOL FOUNDATION LTD. in Singapore. The Force Protocol Foundation (hereinafter referred to as The Force Foundation) promises to run this project under principals such as fair, open, transparent, and nonprofit operation. The Force Foundation will be in charge of the security of all cryptoassets raised, and support The Force Protocol development and operations teams building. If profit was generated, it will be retained as fund for community activities, rather than being distributed among members. The Force Foundation is approved by the Accounting and Corporate Regulatory Authority (ACRA) and is regulated by the Singapore Companies Act, which operates independently from the government. In order to help The Force Foundation making rational use of the funds and resources under premise of fairness, openness and transparency, Decision committee is set up, with subordinate committees of Code Security Audit Committee, The Force Ecological Construction Committee, Finance and Human Resources Committee, and Market and Public Relations Committee. In this way, development of The Force Ecology can be promoted, application scenarios of The Force Protocol will be expanded, and more institutions, companies, projects and organizations will be absorbed into the Ecology.

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KEY FEATURES

Smart Contract platform: Easily build, freely customize.
Offline broker, online transaction: Lower cost, safe and reliable.
Shared trading book: Global needs, free liquidation.
Automatic broker: Efficient and intelligent, quick transaction.
Sandbox supervision: Complete license portfolio, compliance operation.
Stablecoins: Cross-chain pledge portfolio, stable and efficiency.

IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    Apr 22nd, 2019 5:00 am (UTC)

  • IEO Closing Date:

    To be announced (UTC)

  • Country of Origin:

    Singapore

  • TOKEN DETAILS

  • Symbol:

    FOR

  • Blockchain Type:

    Ethereum

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    1 000 000 USD

  • Total Token Supply:

    1 000 000 000 FOR

  • Tokens for Public Sale:

    50 000 000 FOR (5.0000% of total token supply)

  • Public Sale Token Price:

    1 FOR = 0.02 USD

  • Public Sale Vesting Period:

    No lockup

  • Token Distribution

    Release on the day after lottery

  • Token Sale Format

    Standard

  • Private Sale Token Price

    1 FOR = 0.03 USD

  • Private Sale Allocation

    17.5

  • Private Sale Vesting Period

    Unlock 20% when listed on exchange, 40% after 3 months and 40% after 6 months

  • Seed Sale Token Price

    0.18

  • Seed Sale Allocation

    5

  • Seed Sale Allocation

    Remain in ureleased state

  • Legal Information

  • Company Name:

    The Force Protocol Foundation Ltd.

  • KYC:

    Required

Team

  • Allen An

    Allen An

    Co-founder/CEO

  • Yu Hongxue

    Yu Hongxue

    Co-founder/CTO

  • Lei Yu

    Lei Yu

    Co-founder/COO

  • Xu Chao

    Xu Chao

    Product & Business

  • Zheng Yajun

    Zheng Yajun

    Blockchain Engineer

  • Liu Gang

    Liu Gang

    Chief Product Officer

  • Zhang Linbo

    Zhang Linbo

    Chief Scientist

Advisors

  • Andrew Yi

    Andrew Yi

    Consultant

  • Frozen Xie

    Frozen Xie

    Consultant

  • Tian Hongfei

    Tian Hongfei

    Consultant

Initial Offering News