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FIC Network (eFIC)



Description

FIC Network is an end-to-end decentralized fixed income securities network that enables the listing, exchange, and securitization of fixed income financial instruments. The Fic Network team plans to build a blockchain-based fixed income market that operate in a similiar way to the traditional financial systems while mitigating the costs, operational friction, and risks along with improved auditability and transparency.

FIC Network token (EFIC) is an utility token that will give users access to the network services.

Full Name FIC Network (eFIC)
Start Date 2017-11-11
Algorithm ETH Token
Proof Type N/A
Website ficnetwork.com/en
Twitter @ficnetwork
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


FIC Network is an end-to-end decentralized fixed income securities network that enables the listing, exchange, and securitization of fixed income financial instruments. The Fic Network team plans to build a blockchain-based fixed income market that operate in a similiar way to the traditional financial systems while mitigating the costs, operational friction, and risks along with improved auditability and transparency.

FIC Network token (EFIC) is an utility token that will give users access to the network services.

Team:

  • Arturs Ivanovs: Founder/CEO.
  • Alvar Soosaar: Co-founder/COO.
  • Aigars Staks: Co-founder.
  • Kalvis Kalnins: Co-founder, Software Developer. 
  • Anatoly Ressin: Temporary Head of Technology. 
  • Agnese Kerubina: Chief Scientist.
  • Peteris Ratnieks: Backend & Blockchain Developer.

FIC Network will be holding its ICO in two phases, the Pre-sale started on the 18th of January, 2018 and is planned to end on the 13th of April,2018. The public sale is set to start on the 16th of April, 2018 and is expected to end on the 4th of May, 2018 or when the funding cap is reached. The ICO token supply represents 50% of the total token supply, so there will be a total of 16,000,000 tokens available, for 0.1 USD each during the offering. The ICO funding target is 4,000,000 USD, the funding cap is 16,000,000 USD.

Token Reserve Split (50%):

  • 30% Reserves (locked);
  • 20% Team (locked);

FIC Network ICO will feature a bonus program, and the token will not be mineable.

Bonus Structure:

ICO Status Upcoming
Token Supply 316500000
Start Date 2018-05-07
End Date N/A
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.1
Security Audit Company Blockvis
ICO Legal Form Corporation
ICO Jurisdiction U.S.A
Legal Advisers WilmerHale
Blog https://medium.com/@ficnetwork
White Paper drive.google.com/file/d/0ByzKCCWTHkioZzRhTThXSi0zcWM/view
FIC Network (eFIC) News

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