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Description

Description


RACoin platform is a gambling platform that will be supported by the RACoin, an ERC-20 compliant token. RAcoin's mission is to become a universal payment tool, allowing existing platforms to integrate the cryptocurrency along with traditional means of payment. First, RAcoin will be integrated as a payment method in online casinos and offline casinos operated by RA Entertainment Inc. by June 2018. RAcoin will also be integrated with two leading European gambling and betting platforms, RA Entertainment Inc. 

Full Name RAcoin (RAC)
Start Date N/A
Algorithm N/A
Proof Type N/A
Website https://dashboard.racoin.io/register?ref=uOsOsPdiBEe3AURDsw4X3w
Twitter @RAcoinNews
Facebook https://www.facebook.com/RAcoin-1348409231971565/
Reddit https://www.reddit.com/r/RAcoinNews/
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


RACoin platform is a gambling platform that will be supported by the RACoin, an ERC-20 compliant token. RAcoin's mission is to become a universal payment tool, allowing existing platforms to integrate the cryptocurrency along with traditional means of payment. First, RAcoin will be integrated as a payment method in online casinos and offline casinos operated by RA Entertainment Inc. by June 2018. RAcoin will also be integrated with two leading European gambling and betting platforms, RA Entertainment Inc. 

Team:

  • Alex Gusev: CEO.
  • Ross Clarke: CTO.
  • Michelle Prochnowa: COO.
  • Eric Song: Head of Marketing. 
  • Eugene Potemskyi: Lead Developer. 
  • Alex Kosenko: Managing Partner. 

RACoin will be holding its ICO on the 28th of April, 2018. The ICO token supply represents 25% of the total token supply, so there will be a total of 5,000,000,000 tokens available, for 0.00001 ETH each during the offering. The ICO funding target is 2,000,000,000 RAC, the funding cap is 5,000,000,000 RAC and is expected to end on the 28th of May, 2018 or when the funding cap is reached.

Token Reserve Split (75%):

  • 15% Pre-sale;
  • 10% Angel investment;
  • 10% Team;
  • 20% Foundation;
  • 10% RA Entertainment Inc. Lab;
  • 5% Advisors;
  • 4% Bounty & Marketing;
  • 1% Crowdsale jackpot;

RACoin ICO will feature a bounty campaign and a bonus program, and the token will not be mineable.

Bonus Structure:

  • 1–50 ETH: +5% of RAC;
  • 50–100 ETH: +10% of RAC;
  • 100 ETH and more: +25% RAC;
ICO Status Ongoing
Token Supply 20000000000
Start Date 2018-04-28
End Date 2018-05-28
Fund Raised (BTC) Pre-Sale: 493.556665 BTC 15,587.610842 ETH Token Sale: 4,866,830,200 RAC sold 1,011.497412 BTC 34,232.666.919 ETH collected
Fund Raised (USD) 27740932.14
Start Price (USD) 0.00001
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog N/A
White Paper https://racoin.io/pdf/racoin_whitepaper_eng.pdf?ver=20180411