Portal Network Crypto Coin Rank 4738
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Portal Network price in US dollars is currently
1.32
USD, and if converted to
Bitcoin is
0.00001658
BTC. A total of
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ICO Status
Portal Network ICO Details
Fund Raised (USD)
10000000
Security Audit Company
N/A
ICO Legal Form
Foundation
Po.et is an Ethereum-based decentralized ledger built to track ownership and attribution for digital creative assets. POE is an ERC20 Ethereum-based token that represents a proportional share of the the fees and revenue generated from the commercial applications built on top of the Po.et protocol, including generating content licenses and processing license payments among others. $10 million was generated from 2500 investors in only 30 minutes.
Team:
- Max Bronstein: Media & Strategy Lead.
- Jeremy Kandah: Chief Coin Officer.
- Jill Richmond: Marketing & Communications.
- Álvaro Crespo: Mobile Developer.
- Justin Litchfield: Product Development.
- Patricio Mosse: Full Stack Developer.
Strating on the 8th of August, the Po.et ICO will allow users to buy POE with Ether. Po.et is expecting to raise a maximum of $10 million, for which they will distribute 50% of the total 3,141,592,653 POE supply. The remaining tokens will be devided as so:
Token Reserve Split (50%):
- 22% Foundation;
- 10% Integration Partners;
- 10% Angel Investors;
- 08% Founding Team;
Use of Proceeds:
- 45% Poet R&D;
- 05% Legal;
- 15% Business Development;
- 15% Marketing;
- 20% Poet Platform;
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