Sentences with phrase «token contributed to the project»
In each round, the three group members earned 0.5 money units for each token contributed to the project, regardless of the individual contribution.
http://www.sciencemag.org/ Not exact matches
The ABYSS token sale is also based on this model that allows the participants to control the withdrawals of the funds and also allow them to close the project and refund their contributed money if the project team fails to implement it.
By joining a bounty program, you agree to contribute to a crypto project in return for free tokens.
The investor can now cash out his token that he received by contributing to the project and make huge profits.
«Since Cofound.it works with only the highest quality, legally compliant projects, Ethfinex can offer our users the ability to contribute directly to the trusted projects they support, and subsequently, make the tokens immediately available for trading.
In addition, the collaboration will also let members of the Ethfinex community directly contribute to the presales of Cofound.it projects by utilizing Ethfinex's token trading platform.
The coin is being distributed via a token sale, with people looking to back the project able to contribute to the project by participating.
According to a post that appeared on the project's Medium channel last month, The Abyss token raise «will represent an advanced and improved ICO mechanism, allowing token holders to control the fund withdrawal limit, also providing an option to vote for refund of the remaining contributed money in case the team fails to implement the project.
A key element that contributed to the failure of these projects is the lack of real fundamentals or «tokenomics» as there's a mismatch between the planned utility of the issued tokens and its application in its projects within real - world usage parameters.
It allows «token holders to control the fund withdrawal limit, also providing an option to vote for refund of the remaining contributed money in case the team fails to implement the project, with Oracles (appointed industry leaders) acting as arbitrators.»
Initially, the smart contract would be programmed to allow people to contribute funds in exchange for tokens native to the project.
The second wave of users will be open - source projects, where people can contribute to open - source projects and pay / reward with tokens of the project to get governance over the product being built.
PITCH Tokens are used as a payment mechanism for services on the network, and as an economic incentive to accredited investors and business experts who contribute their time investigating projects that pitch on the platform.