FundYourselfNow Token Sale: Crowdfunding on the Ethereum network - Smith + Crown

FundYourselfNow Token Sale: Crowdfunding on the Ethereum network

FundYourselfNow is an Ethereum based crowdfunding platform designed to enable greater accountability and transparency through the use of smart contracts.

Project Description

Update: As of September 2018, FundYourselfNow has rebranded to Katalyst.

FundYourselfNow is an Ethereum based crowdfunding platform designed to enable greater accountability and transparency through the use of smart contracts.

  • Milestone triggered payments: Smart contracts can be written so that distributions of crowdsale proceeds are conditional on the development team meeting the goals outlined on their roadmap.
  • Voting: Crowdsale participants can vote to change when and how funds are distributed.
  • Identities and social ratings: Project creators and contributors will have public profiles. Users will be able to rate the quality of their interactions with each other through a social reputation system.
  • Coin marketplace: A built in marketplace will facilitate the exchange of project, crowdfunding, and reward tokens.

Project Details

Incorporation status: Caxton Worldwide Success Limited, British Virgin Islands, 2014
Team openness: Detailed bios with links to external profiles
Blockchain Developer: Zheng Junyi
Technical White Paper:       Doesn’t fully explain smart contract implementation
Available Project Code: Token code only
Prototype: Alpha Demo

Token Details

Role of token: Profit sharing rights
Token supply: 10 million
Distributed in ICO:         8 million
Emission rate: No new coins created
Blockchain: Ethereum
Consensus method: Proof of work

Sale Details

Sale period: June 13th, 2017 to July 31st, 2017
First price: 0.01ETH:FNY
Accepted currencies:
Investment Round: First public offering
Token distribution date: tokens unlocked 1 week after sale ends
Min investment goal: $1.5 million
Max investment cap: None
How are funds held: Smart contract
Minimum Viable Product:       Quarter One 2018
Bonus schedule:
Period Price
06/13 to 06/26          1 ETH:120FYN
 06/26 to 07/31          1 ETH:100FYN

Official Resources