IUNO ICO Distributed banking as a service. For centuries, banks strangled people who were disadvantaged, and created a mechanism of oppression and exploitation. In order to be able to participate in the banking system, people were forced to deliver assets to the best irresponsible gambler and in the worst case to white-collar criminals. Banks design a system to punish their owners and give subsidies to more people. The lower the money, the higher the cost of accessing the banking services, from interest rates to account charges. If you are wealthy, most fees will be exempted and interest rates will be lower. This dichotomy lets people confiscate disadvantaged people in a vicious circle without escape.
Official Youtube Presentation
The problem solved by IUNO
For centuries banks have exercised a stranglehold on the underprivileged and created a system of suppression and exploitation. In order to be able to participate in the banking system people were forced to hand over their assets to a group of irresponsible gamblers at best or white collar criminals at worst. Banks designed a system to punish people who own less and subsidize people who own more. The less money you have, the higher the costs to access banking services — from interest rates to account fees. If you are wealthy, most fees are waived and interest rates are low. This dichotomy keeps the underprivileged trapped in a vicious cycle out of which there is no escape.
What gives IUNO an edge?
The blockchain design of #IUNO guarantees both a high transaction speed with the masternodes and the integrity of the system through the supernodes. This should allow it to be used for efficient and reliable payments, made all the more credible with AI oversight. IUNO’s dual token system should be a lot more practical for everyday payments than most existing cryptocurrencies. The feeless internal/low-fee external system for financial operations should make this far more accessible (and appealing) for the average user.
IUNO was founded by a group of veteran business professionals who have
previously worked with many prominent companies in different fields. The
company will reach out to partners to augment its platform
technologically, for instance by developing its identity management
system. It plans to enter the market through various underbanked niches,
including the expanding legal marijuana industry and the US government
food stamp program.
Token Sale
ICO start date 17 Jul 2018
ICO end date 21 Sep 2018
ICO token supply 110,500,000
Soft cap 3,000,000 USD (fiat)
Ticker IUNIT
Type Utility-token
Accepted Currencies ETH USD BTC
Token Sales Information
Ticker: IUNIT
Platform: Ethereum
Soft Cap: $3 million USD
Token Supply: 300 million
Exchange Rate: 1,000 IUNIT= 1 ETH
Accepted Currencies: USD, BTC, ETH
Platform: Ethereum
Soft Cap: $3 million USD
Token Supply: 300 million
Exchange Rate: 1,000 IUNIT= 1 ETH
Accepted Currencies: USD, BTC, ETH
Token Distribution
Crowd-sales: 36.83%
Marketing: 6.67%
Reserve: 15.83%
Airdrops: 3.33%
Coinmaster: 0.67%
Developer Token: 16.67%
Bounty: 3.33%
Founders: 16.67%
Marketing: 6.67%
Reserve: 15.83%
Airdrops: 3.33%
Coinmaster: 0.67%
Developer Token: 16.67%
Bounty: 3.33%
Founders: 16.67%
ICO and Token information :
Pre-sale
Pre-sale start date 14 May 2018
Pre-sale end date 16 Jul 2018
Team
Advisors
For More Insight About Iuno Project, Visit The Links Below:
Author’s Details:
Bitcoin User Name:Mary Laura
Bitcoin Profile Link:https://bitcointalk.org/index.php?action=profile;u=1593181
ETH :0x35fedB6E70817f046D7AaB2c2bd6ac6129B80f4B
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