ICO Project Canyudo (CYD)
Tokensale Start: 01/02/2019
Tokensale Finish: 31/05/2019
Canyudo is a project that provides users with an application for advertising and organizational purposes. Users will be able to advertise, buy and sell products on the platform, and the use of Blockchain technology will ensure secure payment. Companies will be able to create tasks on the platform and hire new employees.
Business Model Overview Canyudo (CYD)
1. The validity of income
The application will be free for users, but the project will receive income from commission fees. The amount of the transaction fee is 1.5% of the transaction amount charged to the sender. The minimum commission is $ 2, the maximum is $ 100. All payments made using a smart contract will be paid additionally, payment will also be $ 2. The project team will transfer a third of the project's revenue to charity, the balance of the funds received will be directed to infrastructure development and further development.
2. Number of currencies accepted
The number of accepted currencies includes 4 liquid currencies: USD, GBP, EUR, BTC.
3. Token emission
In the project there is a limited number of tokens. A total of 100,000,000,000 CYD tokens will be released.
4. Discount on the purchase of tokens
Discount on the purchase of tokens is 30%.
In the technological map provided, the project objectives are indicated until the end of 2019. After the ICO, the developers will allocate funds as follows: 20% - “Product Development and Testing”, 30% - “Personnel and Operating Expenses”, 20% - “Reserve for Charity”, 25% - “Product Promotion”, 5% - "The founders and consultants of the project."
6. SOFT CAP / HARD CAP Ratio
The project has an excellent ratio of SOFT CAP / HARD CAP, which positively affects its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 50,000,000 and $ 200,000,000, respectively.
7. MVP availability
The project has a developed application for the Google Chrome browser.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token-holders.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD