Token Sale: August 21, 2017
SIGNATURE BOUNTY PROGRAM IS LIVE: https://bitcointalk.org/index.php?topic=2045388.0
SOCIAL BOUNTY PROGRAM IS LIVE: https://bitcointalk.org/index.php?topic=2057194
An Introduction to Enigma Catalyst
Catalyst is a platform for crypto-focused traders, data curators, and investors.
It is a platform that empowers anyone to build their own crypto hedge fund and participate in the coming Renaissance of the financial ecosystem. Our vision is to enable developers to build winning investment strategies, a strong track record and attract investment from community investors. Catalyst is a playground where developers, quants, and experienced traders can easily build, simulate, and eventually live trade cryptocurrencies using sophisticated programmatic strategies. Regular investors can then invest directly in winning strategies through our system. With this, we’re hoping to make smart-investing in this new emerging asset class accessible to everyone.
The Catalyst Protocol WHO WE ARE TEAM
The ECAT Token - Catalyst's native token
Most generally, Catalyst tokens are used to reward creation by and for the community (e.g. trading strategies, data sources) and are consumed when community members access premium services on the platform.
The ECAT Token Sale
Our token sale will take place beginning on August 21. Please read more here: https://blog.enigma.co/announcing-enigma-catalysts-token-sale-9c699cd5c72a
We are creating a fixed supply of one hundred million (100M) tokens, to be allocated as follows:
50% to be made available in the initial token sale (to be used only for operations) 25% retained as incentives for the Catalyst community 25% retained by Enigma
Use of funds:
Funds raised through the token sale will be used as follows:
60% for product and technology development 15% for blockchain research 10% for operations 10% for marketing purposes 5% for legal and administrative costs
Mechanics of Sale:
Our primary goal for the sale is to have a wide distribution of ECAT tokens. After studying many successful token sales, we saw that having a wide distribution of tokens is key to a cohesive community and to the long term success of the project.
We are considering a tiered sale approach that was first introduced by our friends at Civic to make sure everyone who wants to contribute in our token sale gets a chance. Exact details on the tiers will be released closer to the token sale date. ECAT token sale will only accept Ether and participants will need to create an ERC-20 compliant wallet. MyEtherWallet (web wallet) and desktop wallets such as Parity, Mist can be used to receive ERC20 compliance ECAT tokens after the token sale. No lock-up period will be required for the tokens after the sale.
SOCIAL BOUNTY PROGRAM TO BE REANNOUNCED ASAP!
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Please visit our website to learn more about the product!