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Reserve
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Reserve

Reserve RSR

Reserve is a stable, global currency and a digital payment system for people and businesses in count...

About

Reserve aims to build a stable, decentralized, asset-backed cryptocurrency and a digital payment system that scales supply with demand and maintains 100% or more collateral backing. Ultimately, Reserve’s goal is to create a universal store of value – particularly in regions with unreliable banking infrastructure and regions where hyperinflation is an issue. The Reserve system will interact with three kinds of tokens: (1) The Reserve token (RSV), which is a stable cryptocurrency that can be held and spent the way we use normal fiat money; (2) The Reserve Rights token (RSR), a protocol token used to facilitate the stability of RSV – this is the token we will list through Huobi Prime; (3) A growing variety of tokenized real-world assets (such as other stablecoins) that are held by the Reserve smart contract to back RSV. The Reserve project is backed by people like PayPal co-founder Peter Thiel, YCombinator Chairman Sam Altman, and other influential Silicon Valley and crypto investors.

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IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    May 22nd, 2019 12:00 am (UTC)

  • IEO Closing Date:

    To be announced (UTC)

  • Country of Origin:

    USA

  • TOKEN DETAILS

  • Symbol:

    RSR

  • Role of Token:

    Utility

  • Finance Information

  • Total Token Supply:

    100RSR

  • Tokens for Public Sale:

    3 000 000 000 RSR (3 000 000 000.0000% of total token supply)

  • Public Sale Vesting Period:

    No lockup

  • Token Sale Format

    Standard

  • Private Sale Token Price

    1 RSR = $0.0020 USD

  • Private Sale Allocation

    1

  • Private Sale Vesting Period

    Shortest release is 25% unlocked, 75% vest over three months, some tokens release more slowly

  • Seed Sale Token Price

    $0.0004

  • Seed Sale Allocation

    12.39

  • Seed Sale Allocation

    Vest over 6 months after main net launch, which is expected in 2020

  • Legal Information

  • Company Name:

    Reserve

  • Country of Incorporation:

    USA

  • Company Address:

    Oakland, California, USA

  • KYC:

    Required

Team

  • Nevin Freeman

    Nevin Freeman

    Co-Founder & CEO

  • Matt Elder

    Matt Elder

    Co-Founder & CTO

  • Jeremy Schlatter

    Jeremy Schlatter

    Tech Lead

  • Miguel Morel

    Miguel Morel

    Co-Founder

  • Charlie Smith

    Charlie Smith

    Business Development

  • Jesper Ostman

    Jesper Ostman

    Protocol Development

  • Cathleen Kilgallen

    Cathleen Kilgallen

    Research and Operations

  • Andrew Masanto

    Andrew Masanto

    Marketing and Strategy

  • Henry Fisher

    Henry Fisher

    Chief of Staff

  • Mark Lee

    Mark Lee

    Legal

  • Taylor Brent

    Taylor Brent

    Protocol Development

  • Josh Furnas

    Josh Furnas

    Head of Product

Advisors

  • Robb Henshaw

    Robb Henshaw

  • Garett Jones

    Garett Jones

  • Paul Atkins

    Paul Atkins

  • Santiago Siri

    Santiago Siri

  • Ben Verschuere

    Ben Verschuere

  • Gary Basin

    Gary Basin

Initial Offering News