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Bitcoin Talk Signature Campaign
Accounting Blockchain reserved 300m AB tokens to be used for the bounty program and referral program at the ICO and ICO waves which will be earned for marketing rewards, lead and traffic generation. Each AB Token is worth USD0.01. The total USD value of the bounty program is $3m.
Token Value: $0.01 at end of ICO.
Bitcoin Talk & ANN
Reward: 100 to 1000 AB Tokens. ($1.00 to $10.00)
Allocated: 50,000,000 AB Tokens
Weekly AB Tokens: available at the start of the ICO.
Junior Members: 100 AB Tokens per week
Members: 200 AB Tokens per week
Full members: 400 AB Tokens per week
Senior members: 500 AB Tokens per week
Hero/Legendary members: 600 AB Tokens per week
SPREAD THE WORD, HELP US REVOLUTIONISE ACCOUNTING & GAIN TOKENS!
How does it work?
I receive 5% bonus tokens of the amount purchased by my referred user!
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What Is a Token?
Initial Coin Offerings (ICOs) started out as an alternative means for funding new protocols and infrastructure in the crypto universe. Through this process, companies create and sell tokens; the tokens can be hoarded as investments, or used to accomplish tasks on their platform.
Some projects, hoping to reassure skeptics and qualify for more institutional capital, explicitly model their cryptocoin projects on traditional investment vehicles. The startup incubator Science, for instance, raised $12 million in an ICO aimed at taking advantage of ICO-mania to kickstart a whole venture fund’s worth of investments in blockchain-related companies. Science structured its ICO to meet Securities and Exchange Commission rules, and buying into the Science ICO was not that different from buying into any other seed investment round.
Others take a more complex view of the role of tokens: Sure, they can fluctuate in value and serve as investments, but we’re creating them because they have a job to perform in making a new technology work. Engineers building new protocols and platforms don’t just take the cash raised in the ICO; the tokens they sell also create incentives and perform basic functions in the systems they’re building, so the tokens won’t just sit in investment accounts. That’s the approach that lay behind the recent $50 million ICO by Blockstack, a startup that envisions a decentralized, blockchain-based web in which your direct interactions with businesses, organizations, and other individuals are powered by its tokens. Blockstack’s system uses its own browser and plans prototype apps from independent developers for data storage, Airbnb-style home rental, music publishing, and personal health records.
Right now, the ICO world happily embraces both these models. A year from now, we should have more evidence to show which one makes more sense. The investment model offers more assurance that any particular ICO won’t be an outright scam; the “put tokens to work” approach opens up more revolutionary technical possibilities.