The SpaceWave blockchain forms the financial layer of SpaceNet, a constellation of next-gen satellites in Low Earth Orbit designed by Astrome. Astrome ICO rating – not rated.
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Active ICO : 23/07/19 – 23/09/19
About Astrome ICO (token sale)
Astrome ICO is a deep-tech global company revolutionizing internet delivery through its innovative millimetre wave wireless communication technology for industry and users in the developing countries. The company aims to launch a constellation of ultra-High Throughput Satellites (ultra-HTS) in Low Earth Orbit. This constellation will have an order of magnitude lower infrastructure cost per Mbps when compared to other constellations that are being launched. Astrome’s ICO financial layer is blockchain enabled, allowing it to deliver its internet services faster and more efficiently while at the same time preparing for the era of Web 3.0.
Astrome ICO intro
Astrome ICO recognizes the booming demand for connectivity, especially in the emerging markets, and the potential for growth it offers. So we developed an innovative technology called mmWave communication technology. Using this core tech, we have designed SpaceNet, a LEO constellation of 198 Next-Gen Satellites to provide connectivity from space.
The SpaceNet constellation will have Web 3.0 design integrated in it, with the SpaceWave blockchain as its financial layer. The constellation will be deployed in these phases; SpaceNet-E (for space trials), SpaceNet-22, SpaceNet-99, and SpaceNet-198.
SpaceNet will meet the connectivity demands of the emerging markets and accelerate their development to make the internet distributed, transparent, and ubiquitous.
SpaceNet Token Sale
The total supply of SPW token at the time of ICO will be 1 billion coins. These token will be initially based on ERC20 tokens. At a later stage, we will migrate to our own blockchain. The ERC20 based SPW token holders will be given 1:1 holding on the new coin once we migrate.
About 200 million tokens will be issued in private sale which begins on July 3rd, 2019. Any tokens remaining in private sale will be added to public sale pool. For public sale, we have reserved 400 million SPW tokens. The public sale will begin on July 23rd, 2019 and close on September 23rd, 2019.
The price of the public sale of tokens will be:
• e1.00 per token for week 1 and week 2
• e1.05 per token for week 3 and week 4
• e1.10 per token for week 5 and week 6
• e1.15 per token for week 7 till end of sale
The minimum amount Astrome ICO wants to raise through the process of ICO is e 10 million. This will be called as “Soft cap” in all our communications. The maximum amount that Astrome wants to raise is capped at e 600 million. This will be called the “Hard cap” in all our communications.