Building a public chain for digital assets, Acchain global ICO starts simultaneously

Building a public chain for digital assets, Acchain global ICO starts simultaneously

On May 9, 2017 , the global ICO of the asset digitization platform Asset Chain (Acchain) was launched, and the token ACC will first be publicly subscribed on the official website (acchain.org).

Acchain is a global open public community, asset digitization platform and tool, dedicated to building a public chain connecting different fields around the world, without any participants having to establish a trust relationship. ACC is the native digital currency of the asset chain community. Asset owners, developers, and traders can digitize assets and generate tokens by copying the ACC ledger, and achieve token recognition and circulation through ICO. The issued digital currency can be exchanged and traded with the native asset currency ACC.

The first ICO of ACC will be held from May 9, 2017 to June 6, 2017, for a total of 28 days. This digital asset fundraising will be conducted through chain-level smart contracts, of which 20% of digital assets will be rewards for work done and 80% will be locked in the asset pool. The domestic Accchain official website crowdfunding target is 3,000 BTC, and the foreign platforms ICO COUNTDOWN and coinschedule will each crowdfund 600 BTC. In terms of channel crowdfunding, the US node and the UK node will each crowdfund 2,000 BTC, and the Cambodian node will each crowdfund 2,911 BTC. The entire ICO is expected to crowdfund more than 10,000 BTC.

Asset Chain (Acchain) Route Planning

Lack of sufficient public understanding is a long-standing bottleneck in the development of Bitcoin. Even though blockchain, as its underlying protocol, has attracted more and more attention from enterprises (institutions) and funds, it is still difficult to convey this concept to the public in a simple and easy-to-understand way. Therefore, even if blockchain technology is practiced and applied to different industries, as consumers, they have optimized their experience and do not need to think deeply. Asset digitization is the biggest application of blockchain and the reconstruction of order in the digital age. At present, including the digital currency issued by the domestic central bank or the exploration of blockchain by financial institutions such as China Merchants Bank and Postal Service, it is also to digitize assets in a more open, transparent and secure way.

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