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Description

Description


Nimiq is a browser-based blockchain & ecosystem Written in Javascript ES6 designed to make cryptocurrency easier for the end-user. Using WebRTC and WebSocket connections, Nimiq's ecosystem native to the web, allowing users to sync in seconds and to mine directly from the browser.

The Nimiq project is not live yet and the team has issued IOU tokens that can be traded. These tokens are called Nimiq Exchange Tokens (NET) and they are ERC20 tokens based on the Ethereum blockchain. NET tokens will later be exchangeable for real Nimiq tokens.

Full Name Nimiq Exchange Token (NET)
Start Date 2017-06-06
Algorithm N/A
Proof Type N/A
Website https://nimiq.com
Twitter @nimiq
Facebook N/A
Reddit https://www.reddit.com/r/Nimiq/
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


Nimiq is a browser-based blockchain & ecosystem written in javascript ES6 designed to make cryptocurrency easier for the end-user. The Nimiq project is not live yet and the team has issued IOU tokens that can be traded. These tokens are called Nimiq Exchange Tokens (NET) and they are ERC20 tokens based on the Ethereum blockchain. NET tokens will later be exchangeable for real Nimiq tokens.

The Nimiq ICO started on the 6th of June, 13:00 UTC and ran for 10 days. With almost 4'400 valid contributions the Contribution and Creation Cap where fully met and reached in just 10 days. During this time, Nimiq gathered 4,992 BTC in exchange for 10,500,000 NET tokens. ICO specifications:

  • NET are standard tradable ERC20 tokens.
  • Exchange rate: 1 NIM = 10 NET.
  • Tokens created in sale: up to 10'500'000 NET.
  • The sale is capped at 60’000 ETH.
  • Bonus: 
    - First two weeks: 1 ETH = 175 NET 
    - Last two weeks: 1 ETH = 125 NET

These tokens will be exchanged for Nimiq tokens at a 10:1 exchange rate, which means the ICO supply is 5% of the total Nimiq supply (21M). 88% will be distributed in mining rewards. The remaining Nimiq tokens will be distributed as so:

  • 5% Token Sale Contributors (no vesting, ~25% circulating supply yr 1)
  • 2.5% Long-term Endowment Foundation¹ (10 year vesting)
  • 2% Good Cause Partnerships and Sponsorships² (10 year vesting)
  • 1.5% Early Contributors (6 month vesting)
  • 1% Creators (3 year vesting)

 

ICO Status Finished
Token Supply 210000000
Start Date 2017-06-28
End Date 2017-07-08
Fund Raised (BTC) 60,000 ETH
Fund Raised (USD) 14400000
Start Price (USD) 0.00571428571
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/nimiq-network
White Paper https://medium.com/nimiq-network/nimiq-a-peer-to-peer-payment-protocol-native-to-the-web-ffd324bb084