ICO Project Peace Token (PCT)
Tokensale Start: 10/01/2020
Tokensale Finish: 25/02/2020
Peace Token is a project that integrates cryptocurrency assets into everyday life and creates a charitable foundation. The project team will also develop a mobile application with which users can buy and sell products. Funds from the charity fund will be directed to help low-income people, in addition, the fund will provide educational and medical services.
Business Model Overview Peace Token (PCT)
1. The validity of income
The project will receive income from the provision of services to users on the platform. Users will not pay commissions for transactions on the platform. The project team will direct 20% of the platform’s profits to a charity fund. The PCT token will be used to conduct transactions on the platform.
2. Number of currencies accepted
The project accepts 4 liquid currencies, namely: BTC, ETH, LTC, XLM.
3. Token emission
The project has a limited number of tokens. A total of 200 000 000 PCT tokens will be issued (p. 5 White Paper).
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 50%.
In the provided flow chart, the project goals are indicated until 2021 (p. 18 White Paper). The distribution of funds collected during the ICO will be as follows: 50% - "Project development", 8% - "Marketing", 20% - "Charity", 7% - "Operating expenses", 10% - "Legal expenses ”, 5% -“Project team”.
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which increases its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 2 000 000 and $ 6 000 000, respectively.
7. MVP availability
The project does not have a developed MVP.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments by 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