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.
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:
The ICO for Development also enables the Investor to receive higher returns in three ways:
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.
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%
Days Before ICO Closes: