Summary / ICO Structure

Sentinel Chain unlocked the economic potential of the rural unbanked through a unique idea of tokenizing livestock. This allows financial inclusion of farmers around the world by collaterazing their livestocks to effectively access financial products like insurance, loans and more.

1. Project Name: Sentinel Chain
2. Token Symbol: SENC
3. ERC20 Token: Yes
4. Token Metrics:
   a. Hard Cap: 14.4 million USD ($6.4 million raised in presale)
   b. Presale Bonus: 25% ( 25% of tokens will be released upon the ICO, the remaining 75% will be released equally over a period of 3 months)
   c. ICO participants will receive 40% of total token supply
   d. The fully diluted maximum market cap at ICO is $36 million
5. Token Allocation & Used of Funds:
   
   
6. Countries excluded: United States and China
7. Conversion rate: Information not disclosed
8. Alliance Partners
   • Maybank
   • InfoCorp
   • MediShares
   • Vechain
9. Timeline/Plans/Milestones Roadmap

🔲🔳🔳✜	Execution
Q3 2017	Stage 1 Early Supporters Sale Signed an MOU with Maybank to collaborate on financial inclusion technology projects in the ASEAN region
Q4 2017	Stage 2 CrossPay Blockchain trial with TS Group for migrant workers dormitory in Singapore Signed an MOU for CrossPay partnership with CloudWell Ltd. -the national payment provider to Milk Vita (Bangladesh Milk Producer's Co-Operative Union Ltd)
Q1 2018	Stage 3 JAN: Pre-Sale begins FEB: Token Sale Whitelist Registration Pre-Sale ends MAR: Public Token Sale
Q2 2018	Stage 4 SENC to be listed and traded on various token exchanges Beta testing of Sentinel Chain
Q4 2018	Stage 5 CrossPay will go live in the first unbanked market
Q1 2019	Stage 6 Sentinel Chain code review and audit 💥💥Sentinel Chain v1.0 will go live💥💥 Onboarding of the first financial service provider partner
Q2 2019	Stage 7 Integration of Sentinel Chain to CrossPay Integration of financial service provider to Sentinel Chain
Q3 2019	Stage 8 End-to-end testing of Sentinel Chain
Q4 2019	Stage 9 Sentinel Chain v2.0 will go live

Token Purpose

1. Core Usage (e-Payments)
   a. SENC are used as a intermediary of exchange for Local Crosspay Token (LCT) which will be use through CrossPay blockchain and their built mobile app, they will utilize LCT which will be fixed to the user’s local currency. Refer video here
   b. Basically you need SENC token to access the platform so that you can gain access to their available services
2. Insurance Loan & Collateral
   a. To prevent false insurance claims by utilizing a tamper-proof RFID tag a.k.a. Livestock Identification Tag that are attached to the livestocks. Stores information such as geolocation and timestamp
   b. With livestock insurance policy, livestock identification tag and the borrower's identity information on the blockchain provides the declaration to the claim of possession of property as well as the proof of origin. Basically Sentinel Chain provide a way to create credit history; the blockchain contains loan agreements that can be used to authenticate if the livestock has been bound. You can say that future lenders will be able to secure loans to the unbanked sector
   c. SENC may be used as collateral by third party local financing companies as borrowers to secure against offshore lending to minimize high credit risks associated with unsecured loans.