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    Initial Coin Offering

    Overview of the Project

    The objective of the project was to develop a blockchain application in Ethereum platform where the client was allowed to create & launch a decentralized cryptocurrency called EquaCoin as an Initial Coin Offering.

    Client Requirements

    • To create a worldwide cryptocurrency
    • To create an open, secure and stable cryptocurrency
    • To allow a worldwide use on a global scale
    • To provide economic freedom and not a limitation on money creation
    • Open scalability, technological advancement, system transparency, privacy and security.
    • Equazone DAC (Decentralized Autonomous Community)
    • Trading and Exchange in the mobile platform

    ICO Features

    • ER20 compliant token

    This is a token that is said to be tradable on exchanges as it implements common functionality like a transfer () function to move the token from an address to another.

    • The crowdsale ICO Smart Contract

    The program that will run the ICO to distribute tokens to investors in exchange of for their ethers.

    Decentralized Autonomous Community (DAC)

    Every user who purchases an Equacoin will be added as a member of DAC. For each coin, the member will get one vote. In the Equazone page, members can create a proposal. Each proposal must be created with an End date for validity. The created date of the proposal will be automatically considered as the Start date.

    Voting System

    All the members will able to view the list of proposals and they can also view the proposals based on the listed category. Member can either vote ‘Yes’ or ‘No’ for each proposal.

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