In this article, I bring to my followers, a review of the crowdfunding platform called the Peoples Token(PPL).
About PPL Token
Peoples token is a decentralized and transparent platform built on Ethereum blockchain
Peoples Token aims to connect together all the token holders, market participants, ICO investors, entrepreneurs , traders and startups to exchange cryptocurrency markets ideas, get updates on ongoing community-based projects and crowdfund the development of innovative ideas.
Providing a free decentralized community-based platform will give PPL token holders a voting rights to be part of funding projects development and accurate and comprehensive crypto markets analysis and trends thereby eliminating ICO frauds rampant in the industry.
Each member of the community forum can vote for the funding of projects with only one ethereum address associated with the owner. A prospective project must satisfy the requirements that the PPL token is the main contributing resource for the project, is backed by a comprehensive whitepaper,the project up to 25% development level and a clear and concised project finance details in order to be funded.
PPL TOKEN SALE INFORMATION
Peoples Token’s Initial Coins Offering starts on 10th August 2018 and ends on 24th September, running for a period of 45 days. For the token sale information, we have:
Name: Peoples Token
Symbol: PPL
Platform: ERC20
Token Price: 1 PPL = $1
Payment Currencies: ETH, BTC, BCH, ETC, LTC
Softcap: $ 1,800,000
HardCap: $7200,000
Minnimum Investment: 0.1 ETH
Maximum Investment : 100 ETH
A fixed supply of 8million tokens will be issued while 7.2 million will be available for ICO. At end of the token sale, unsold tokens will be burnt to ensure transparency.
FUND DISTRIBUTION
40% of the ICO fund will be used for the funding of new community-based and open source projects—subject to community voting
To ensure the liquidity of the PPL token, it will be listed in some of the biggest decentralized exchange, hence, 10% of the crowsale fund is allocated for exchange listings.
8% will be spent on PPL Forum Development. A place where the PPL Token community exchanges information and updates on ongoing community-funded projects and crypto related news.
To ensure a highly- secured wallet, devoid of any breach in the event of hack, 10% of the fund realized from the token sale will be reserved for the development of a robust wallet for PPL tokens.
The PPL platform intends to embark on aggressive marketing and promotions in order to achieve a wide coverage and build a vibrant community by reserving 9% of the crowdsale fund, a significant amount for the purpose.
The Roadmap
Recognising that successful projects begins with ideas, I therefore present the development blueprint of the PPL platform.
The 1st quarter, 2018, involves the development of PPL Community idea while the launching of the token sale platform starts on the 2nd quarter. The 3rd quarter features the crowdsale and exchange listings. The 4th quarter is for the release of the Peoples Token Community Forum. The PPL community project funding and PPL wallet launching begins on the 1st quarter 2019. Finally, the 2nd quarter, same year will involve the launching of community project and PPL token internal exchange .
The Team.
In the mission to build the most community -based crowdfunding platform, PPL token have assembled a team of veteran entrepreneurs with years of cumulative experience in Business Administration, Computer Science and Blockchain Technology, amongst others.
For more information, visit :
Website : https://www.peoplestoken.org
Whitepaper: https://drive.google.com/open?id=1bZ4zLk8__O5xvzj_pr84SPDsBdQuAaOM
ANN: https://bitcointalk.org/index.php?topic=4738371.new#new
Telegram: https://t.me/peoplestoken
Author
Arinze280
https://bitcointalk.org/index.php?action=profile