Token Sale

CashScripter Token Sale (ICO): Cash flow automation and analysis

Update: The CashScripter sale is over early because they sold all available XCS tokens. The sale raised 150 BTC worth about $186,000 at the sale’s close. 

Project Description

CashScripter is holding a token sale/ICO for a new blockchain “inspired by NXT” that seeks to be a platform for cash flow automation and analysis. Users can develop a cash script, which are a set of commands recognized by the blockchain, to automate payments and budget allocations.

Cash scripts feature native analytic tools that can be used to help users evaluate the efficiency and dependability of their scripts.

Token Details

Role of token: A utility token to pay fees and as part of the proof-of-stake consensus process

Token Supply: 70 million

Amount Distributed in ICO: 30 million

Emission Rate: No new tokens will be created

Mainnet Release Date: 3rd quarter, 2017

Consensus Method: Proof of Stake

ICO Details

Sale period: March 1st, 2017 to May 31st, 2017

Token Distribution Date: Tokens distributed at time of purchase

Minimum Investment Goal: None

Maximum Investment Cap: 150-250BTC, based on the price and maximum number of tokens available

How are funds held: Not specified

Official Resources

2 Comments

March 09, 2017 at 11:02 pm, Freequant said:

And what does “cash flow automation” mean?

Reply

March 14, 2017 at 12:56 pm, Weston Anderson said:

Hi there Freequant,

That’s a fair question; the phrase “cash flow automation” is a bit jargony. In the context of this project, it refers to the ability of users to automate payments by setting conditions that will trigger the execution of a set of transaction commands (a dumb contract).

The CashScripter team has optimized their commands to facilitate the automation of predictable cash flows. For example, monthly bills, budget allocations etc.

Of course, many blockchain projects have this capability, or something very similar.

Hope that answers your question.

Reply

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