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Antigua and Barbuda ICO FOR DEVELOPMENT

ico cnet blockchain crowdsale token sale ico trackerThe ICO for Development (ICOD) is the first of its kind. It is designed to provide a real return from projects that actually exist and help people by providing good jobs and supporting charities on the Islands.

CNET created the ICO for Development out of a need to provide funds for development that is supported by the government.

The Antigua and Barbuda Government is supporting this ICO for Development as a new way of funding development in the Caribbean.

In addition, the ICO for Development is an advantageous risk-benefit for its investors.

This makes it possible for Investors to directly participate in projects that impact peoples’ lives. These projects will:

  1. Generate significant returns for the investors.
  2. Improve life for the people on the island of Antigua and Barbuda.

The ICO for Development also enables the Investor to receive higher returns in three ways:

  1. Investors in the Antigua and Barbuda Development Coin receive 50% of the Net Income from the Projects. Ether is sent to the Investor’s accounts as their share of the 50% of the Net Income.
  2. The other 50% of the Net Income from the Projects is reinvested in the Projects. As the Projects grow and produce more income, the value of the Investor’s Antigua and Barbuda Development Coins increase.
  3. The Antigua and Barbuda Development Coin is part of the Antigua and Barbuda eWallet, and will be used by businesses on the Islands to sell trips and products at a discount.

With the recent hurricanes, it has been particularly difficult for Caribbean countries to receive funding through traditional channels, but the ICOD will grant both transparency, safety, and potentially faster liquidity options for investors involved in this “crowd-funding” initiative.

The Initial Coin Offering for Development (ICOD) is based on the Ethereum blockchain, allowing the Antigua and Barbuda Development Coin (ADC) to be used by Antiguans and other interested people in their daily lives via the Antigua and Barbuda eWallet.

Platform: Ethereum

Start Date: 14/03/2018

End Date: 28/03/2018

ICO Token Supply Amount: 100,000 ADC

Token Maximum Supply Amount: 4,000,000 ADC

Start Bonus Percentage: 20%

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Antigua and Barbuda ICO FOR DEVELOPMENT
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Antigua and Barbuda ICO FOR DEVELOPMENT
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The ICO for Development (ICOD) is the first of its kind. It is designed to provide a real return from projects that actually exist and help people by providing good jobs and supporting charities on the Islands.
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