Place/Date: Seychelles - August 16th, 2017 at 6:34 am UTC · 3 min read
Contact: Jens Peterssen, Source: Nametoken
Nametoken announces its Initial Coin Offering (ICO) for its innovative decentralized domain ecosystem. The Nametoken ICO started August 1, 2017, and continues until September 30, 2017. There will be 98,000,000 NAT tokens released in total with 90% available to the general public.
During the ICO, NAT tokens can be purchased using BTC, ETH, and LTC. The initial exchange rate is 1 NAT = 0.00025 BTC. Participants can receive additional bonuses up to 50% for early purchases. NAT tokens are expected to be traded on multiple exchanges with negotiations currently underway. The effective BTC, ETH, and LTC exchange rates will be set one hour prior to the launch of the ICO. Nametoken seeks to raise 20200 BTC to fund their project.
The funds raised through the ICO will be allocated as follows:
Nametoken intends to begin acquiring premium domains in October 2017. Application development shall commence during the fourth quarter of 2017 with beta testing scheduled for the early part of 2018. Nametoken hopes to be fully operational by the second quarter of 2018.
Nametoken intends to launch the world’s first decentralized domain ecosystem where investors can supply real time input on the potential profitability a domain possesses. This data will be gathered via their intuitive mobile app that will reward users for their participation. Users can gain additional NAT tokens by buying, selling, parking, or registering domains.
There are multiple components that make the Nametoken platform a smart maneuver.
Nametoken’s goal is to create a decentralized domain ecosystem. Decentralization offers unlimited potential for the hosting and domain industries. Through decentralization, customers can save thousands on fees for domain related transactions. Payments can be sped up and automated by utilizing the Ethereum blockchain and all transactions are stored in redundancy.
Nametoken looks to further their market share by offering the public access to a full suite of web services including hosting, encryption, and domain development. The hosting and domain industries are desperately in need of decentralization and Nametoken is at the forefront of these necessary changes.
We invite you to help transform your web space into a safer more secure platform that promotes creativity while utilizing the most advanced technological and business systems available.
Disclaimer Nametoken is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.