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:

  • IEO Opening Date:

    Aug 22nd, 2019 4:00 am (UTC)

  • IEO Closing Date:

    Aug 22nd, 2019 8:00 am (UTC)

  • Country of Origin:

    Cayman Islands

  • TOKEN DETAILS

  • Symbol:

    PLG

  • Blockchain Type:

    Ethereum

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    19 000 000 USD

  • Total Token Supply:

    1 000 000 000 000 PLG

  • Public Sale Token Price:

    1 PLG = 0.0025 USD

  • Token Sale Format

    Standard

  • Legal Information

  • Company Name:

    Pledgecamp

  • Country of Incorporation:

    Cayman Islands

  • Company Address:

    S Church St,, Ugland House, George Town, Cayman Islands

  • KYC:

    Required

  • Restricted Areas:

    ALGERIA, BANGLADESH, BOLIVIA, CHINA, ECUADOR, IRAN, MACEDONIA, MOROCCO, NEPAL, NORTH KOREA, PAKISTAN, SYRIA, USA

Team

  • Eddie Lee

    Eddie Lee

    President

  • Jae Choi

    Jae Choi

    CEO

  • Sam Pullman

    Sam Pullman

    CTO

  • Thomas Leupp

    Thomas Leupp

    Developer

Advisors

  • Randi Zuckerberg 

    Randi Zuckerberg 

  • David Ambroz

    David Ambroz

  • Ryan Scott

    Ryan Scott

  • Christian Sullivan

    Christian Sullivan

  • Dr SungJae Hwang

    Dr SungJae Hwang

  • Alan Chang

    Alan Chang

Initial Offering News