- Platform: Ethereum
- Accepting: Ethereum
The Nauticus Initial Coin Offering (ICO) runs from March 31 to May 18, 2018, with a presale from March 18. One coin for six innovative solutions, aimed at all types of users, from individuals to businesses, and every level of government. Nauticus provides user-friendly, efficient and secure crypto banking, payments and eCommerce solutions utilizing blockchain technology, underpinned by the Nauticus Coin.
The Nauticus crypto and fiat currency exchange is in development and due to open in mid-2018. It will trade in 100 cryptocurrencies at launch, and more than 300 within 12 months– including Bitcoin, Ethereum, Ripple, Nauticus Coin and many others. Nauticus Coin users will receive 50 percent discount on trading fees in the first year, which will spur the adoption of the coin and support its value.
1 Nauticus will also establish a sustainable blockchain mining center in 2019 to provide revenue, along with sizeable server capacity, and to ensure ultra-fast processing for users of Nauticus services. Profits from the exchange and mine will be reinvested in the business to support the subsequent development of a low-cost eCommerce platform, along with merchant and peer-topeer payment options.
The company will also develop a 'one and done' Know Your Customer (KYC) verification service and create an ICO community with a range of resources and services for new ICOs along with a quality verification system.
The Nauticus Coin will underpin all of these exciting solutions Within 12 months after they are established, using our most conservative estimates, the Nauticus Exchange and blockchain mine are projected to generate revenue of approx. $17.7 million, growing to $74.8 m the following year. Funds raised in the ICO will support the development and launch of the Nauticus Exchange as a priority.
This will provide a platform to implement our strategy to grow the value of the Nauticus Coin. Funds will also be used to construct a blockchain mining center which will provide revenue for further expansion, as well as a large amount of server capacity for Nauticus users. The ICO target is $68 million and will run until the hard cap of $88 million has been reached, or until the conclusion of the ICO period (May 18, 2018).
No purchases after the hard cap has been reached will be accepted. The soft cap is $8 million.
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