Structure of the CopyrightCoins ICO/Crowdsale

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    A total of 25 billion CCIM have been created, as per the estimation of the New Internet Mediagroup of a market worth of €25 billion by 2020.

    From those 25 billion CCIM, 1 billion CCIM are initially made public. The remaining 24 billion are under escrow at Internet Media Copyright Association (IMCA).

    The governance of this escrow account (including release of additional CCIM to the market) is managed by CCIM owners via a voting system. More details are available on IMCA’s website.

    The 1 billion CCIM made publicly available have two main users: copyright owners and the general public.

    700 million CCIM have been ring-fenced for advances made to copyright owners, which they can convert to Fiat on exchanges (by selling to the market) as they see fit.

    The remaining 300 million CCIM are made available in four ways:

    • Sold as part of the ICO pre-sale (30 million CCIM) – unsold coins are ring-fenced for the bounty and bonus program

    • Sold as part of the ICO (150 million CCIM)

    • Exchanged for services from Advisors/strategic partners (100 million CCIM)

    • Exchanged for services from the core team (20 million CCIM)

    At the ICO, CCIM will be sold to the general public at the base price of 1 Euro per CCIM, structured as follows:

    Offer 1 million to be paid in Euro at 1:1
    Offer 1 million to be paid in USD at 1:1.2
    Offer 1 million to be paid in BTC at 1:0.00019
    Offer 1 million to be paid in ETH at 1:0.003
    Offer 1 million to be paid in Monero at 1:0.009

    Note that early supporters, including the core team, pre-sale investors and advisors, have benefited from a gradual discount of CCIM to the Euro.

    CCIM available to the public

    in CopyrightCoins Tags: CrowdsaleICO
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