Post
Topic
Board Announcements (Altcoins)
Re: ico Achain
by
YGung
on 30/08/2017, 20:16:53 UTC
What is the current supply/max supply of this coin? It looks interesting, but I want to estimate the marketcap to determine its current value.

from Whitepaper:

"Achain's token is called ACC with an initial circulation of 1 billion. To maintain Achain
and reward block-producing node, the initial production of ACC is limited to less than 5% per
year with a year-by-year decreasing in reward for block proportion over time and increase in
anti-attack ability of Achain distributed network."

***they changed the name of the token to ACT*


ICO details from their website:

"ACT ICO Subscription Rules

1. ICO Sale Time: At 20:00 on July 7, 2017, and ICO will stop immediately if any one of the following conditions has been reached.

* The subscription has reached 3000BTC or equivalent ETH

* ICO has reached the deadline 20:00 on July 21, 2017:00

2. Exchange Rate:

* The first week after 20:00 on July 7, 2017, 1BTC=100000ACT,1ETH=10638 ACT   ***Based on July 7th ETH/BTC open price this = ~$.02***

* The second week after 20:00 on July 14, 2017, 1BTC=95000ACT,1ETH=10106 ACT

3. Each person is limited to purchase 10BTC or 94ETH.

4. After the end of subscription, the approval stage will start, and the amount of successful subscriptions or refund situations will be announced within 72 hours."