The Innercore's Token Sale
is now available at a price of 1/100,000 ETH. Start date was Aug. 15th 2018 and the tokensale will end Sep. 15th 2018. Hard cap is 200 million CORES
Innercore token to power the decentralized application infrastructure
CORES will power the official platform's financial ecosystem. The Token store value and seamlessly transfer that value between the platform participants. After the token sale end the value of CORES will fluctuate based on the demand for CORES, the price of ETH, and other factors. Don`t miss to join the token sale!
Token sale smart contract address:
0x25DF2EdC10A16f05E579d127A902Cac6FdFf940E
To take part visit https://innercore.network/
Innercore Token Sale is designed to be different
The innercore token sale is designed to be different then others. It`s trying to keep it as small as possible, taking in only as much capital as necessary to launch the platform and attempt to reach profitability.
August 15th - 10%
August 20th - 7.5%
August 25th - 5%
Bonus CORES token will be sent upon the close of the Token Sale, along with the base tokens.
100,000+ CORES - 5%
1 million+ CORES - 7.5%
5 million+ CORES - 10%
Bonus percentages are cumulative and the highest eligible tier will be used for all contributions. The appropriate percentage of referred ETH will be paid out at the end of a successful token sale. CORES serve a utility function and streamline platform operations.
The Smart Exchange Enables Instant Programmatic Buying and Selling of CORES
After the Token Sale concludes, Innercore will launch an internal exchange called the Smart Exchange. This allows tokens to be traded instantly via a smart contract on Ethereum. External exchange integrations will begin shortly thereafter. The value of CORES within the Smart Exchange is determined via the Bancor formula, which is a self adjusting algorithm designed to establish a true market price in a programmatic manner, based on demand for the token.
The token operates under the following principles:
Utility First
The primary purposes of CORES is to drive transactions between developers and resource providers.
In large part, the value of CORES is derived from the amount of activity within the platform. The more activity, the higher the potential need for CORES.
Whenever CORES are purchased through the Smart Exchange, the incoming ETH is held by the Smart Exchange and effectively backs the token. When CORES are sold through the Smart Exchange, ETH is then transferred back to sellers.
Due to the manner in which exchange rates function within the Smart Exchange, when the fiat price of ETH increases, the fiat price of CORES within the Smart Exchange increases proportionately.
After the token sale, token supply is constrained mathematically through the programmatic algorithms used to determine price.
When CORES are sold through the Smart Exchange, they are immediately burned, reducing token supply.
The people behind Innercore have bootstrapped companies to profitability and have also raised funding through multiple rounds of venture capital. While money can be a blessing, it can also be a curse. We believe the best strategy for Innercore is to raise the minimum amount required to give the platform a chance to become naturally profitable. If we can achieve this milestone, we'll be in the most fiscally sound position possible and we will never be forced to raise more capital, nor will we have the need to waste excess capital on initiatives that are not core to the company's mission.
To take part visit https://innercore.network/
