Eddie Lee
President
Pledgecamp PLG
Pledgecamp is securing the future of crowdfunding with blockchain protected investments.
About
Founded by Kickstarter serial crowdfunding veterans Jae Choi, Eddie Lee, and Sam Pullman, the San Francisco company is trying to change the current crowdfunding model with a Backer Insurance escrow model that uses smart contracts. Pledgecamp uses a blockchain-powered platform that creates a decentralized market where incentives are aligned. Creators can make campaign deposits where providing transparency to backers through items such as identification documents, business plans and intellectual property registrations help earn their deposit back. Rather than centralized platform control, the ecosystem of participants governs the curation of campaigns, reducing barriers to entry and improving scalability. Assurances for backers (investors) are accomplished through Backer Insurance smart contracts that hold the native token in escrow for funded projects. Backers subsequently can vote on the approval of pre-determined milestones and can receive a portion of their funds back if the project fails to deliver.
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IEO’s Details
GENERAL INFORMATION
- IEO Platform:
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IEO Opening Date:
Aug 22nd, 2019 4:00 am (UTC)
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IEO Closing Date:
Aug 22nd, 2019 8:00 am (UTC)
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Country of Origin:
Cayman Islands
TOKEN DETAILS
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Symbol:
PLG
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Blockchain Type:
Ethereum
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Role of Token:
Utility
Finance Information
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Public Sale Hard Cap:
19 000 000 USD
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Total Token Supply:
1 000 000 000 000PLG
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Public Sale Token Price:
1 PLG = 0.0025 USD
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Token Sale Format
Standard
Legal Information
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Company Name:
Pledgecamp
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Country of Incorporation:
Cayman Islands
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Company Address:
S Church St,, Ugland House, George Town, Cayman Islands
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KYC:
Required
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Restricted Areas:
ALGERIA, BANGLADESH, BOLIVIA, CHINA, ECUADOR, IRAN, MACEDONIA, MOROCCO, NEPAL, NORTH KOREA, PAKISTAN, SYRIA, USA
Team
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Jae Choi
CEO
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Sam Pullman
CTO
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Thomas Leupp
Developer
Advisors
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Randi Zuckerberg
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David Ambroz
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Ryan Scott
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Christian Sullivan
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Dr SungJae Hwang
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Alan Chang
Initial Offering News
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