Crowdstart Capital CSC is a Blockchain technology accelerator. CSC plans to raise capital through a digital token sale. . Crowdstart Capital ICO rating – not rated.
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Ended ICO : 01/11/17 – 30/11/17
About Crowdstart Capital ICO (token sale)
Crowdstart Capital (CSC) is a Blockchain technology accelerator. CSC plans to raise capital through a digital token sale. This token sale has two purposes.
Incentivize core development for the blockchain ecosystem.
Enable the provision of consulting and development services to blockchain-related projects close to the needs of the incumbent industries.
The digital token sale will start on December 1, 2017 and will end on February 28, 2018. After the token sale, the CSC team will begin supporting projects, researching further opportunities and the digital token will be listed on cryptocurrency exchanges available for trading after a lock-up period of 40 days starting on March 1, 2018.
Crowdstart Capital ICO (CSC) is one of the first technology accelerators to offer its own ERC223 digital tokens. CSC’s overall goal is to support the evolution of the blockchain technology ecosystem and direct this evolution toward the development of enterprise-ready tools. A portion of the XSC tokens generated will be directly distributed to the active developer community laying the basis for a cryptoeconomic incentive scheme designed to support the further evolution of the blockchain ecosystem.
Developers committing code to key blockchain projects can opt-in to receive XSC tokens for every line of code that is accepted for their respective projects. CSC will set up a smart-contract-based system to pay out tokens according to the accepted commits. Technologies to be supported by these incentives include the core protocols of leading blockchains, e.g. Ethereum, IOTA, Monero, etc.
In a second phase, members of the community will be able to suggest projects to be included in the incentive scheme. Token-based ballots will be used to enable community voting and determine which blockchain projects should be included.
Beside this incentivization of blockchain resources and the allocation towards the core elements of the ecosystem itself, CSC aims to support specific blockchain- directed initiatives and startups through a startup acceleration process.