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Spindle (SPND)



Description

The Spindle is an investment/asset management platform for virtual hedge funds and ICOs based on blockchain and smart contract technologies. The platform will allow any individuals and corporate entities to invest in cryptocurrency hedge funds and/or ICOs using the Spindle application (SPA). Furthermore, the SPA will enable communication via open and closed forums for holders of Spindle’s cryptocurrency (SPD) and the various investment bodies previously mentioned.

The Spindle token (SPD) is an ERC-20 compliant token that will be used as the utility token on the platform.

Full Name Spindle (SPND)
Start Date 2018-09-03
Algorithm ETH Token
Proof Type N/A
Website www.spindle.zone/
Twitter @spindlezone
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


The Spindle is an investment/asset management platform for virtual hedge funds and ICOs based on blockchain and smart contract technologies. The platform will allow any individuals and corporate entities to invest in cryptocurrency hedge funds and/or ICOs using the Spindle application (SPA). Furthermore, the SPA will enable communication via open and closed forums for holders of Spindle’s cryptocurrency (SPD) and the various investment bodies previously mentioned.

The Spindle token (SPD) is an ERC-20 compliant token that will be used as the utility token on the platform.

Team:

  • Masamitsu Hirai: President & CEO.
  • Tsunehisa Kasai: Executive Vice President & COO.
  • Takashi Koga: Executive Director.
  • Lina Seiche: Spindle PR Manager/Evangelist.
  • Masashi Sakuma: Auditor. 

The Spindle is holding its ICO in two phases, the private pre-sale, which took place in March and the main sale. The main sale is set to start in 21st of April 2018 and is expected to end on the 7th of May. The ICO token supply represents 65% of the total token supply, so there will be a total of 6,500,000,000 tokens available, for 0.00033 ETH each during the offering. The ICO funding target is 60,000 ETH, the funding cap is 1,581,000 ETH and is expected to end on the 7th of May, 2018 or when the funding cap is reached.

Token Reserve Split (35%):

  • 5% Institutional Investors;
  • 15% Team;
  • 5% Regal & Advisory;
  • 10% M&A Buyback & Options;

Spindle ICO will feature a bounty campaign, and the token will not be mineable.

Bonus Campaign:

  • 4/29 - 5/6 0.00033 ETH
  • 5/7 - 5/11 0.00036 ETH
  • 5/12 - 5/15 0.00048 ETH
ICO Status Upcoming
Token Supply 10000000000
Start Date 2018-05-09
End Date 2018-05-15
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.00033
Security Audit Company Zeppelin Solutions
ICO Legal Form Corporation
ICO Jurisdiction UK
Legal Advisers Hirotoshi Kakumoto
Blog https://medium.com/@SPINDLE_ZONE/
White Paper spindle.zone/spindlewp_en.pdf
Spindle (SPND) News

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