This is a pair of smart glasses, next-gen in smart glasses which is the one of the first if not the first ICO of that I have seen where it’s incorporating a hard product in other words often times it’s a service or something that you download that you can plug into your phone or what not but this is actually a pair of smart glasses and this company is tying that in with crypto currencies and the beauty of the transparencies of the smart chain so very interesting. A little bit about this company, they’re coming at United Kingdom but they’re basing their ICO launch out of Singapore because of the world hub there in Singapore. Its market is called augmented reality platform but basically, they are smart glasses and let me tell you a little about the team and the product and then we can get into the token. There are 13 patents that are held by this company which I think is phenomenal there are 7 PHD’s that are on staff. The company has forecasted by 2023 the market will be 36.4 billion dollars.
Actual hard product is going to be coming out late 2018, early 2019 and the price of these glasses a relatively inexpensive compared to what you might have thought they would cost. because they’re part of tech capital at a U. K. that parent company’s been in business for years they really don’t give us the foot prints a back when they have started this project but they will tell you the different phases that they have completed and where they are now. They are now in their regular ICO sale began November 1 and will end on February 28 unless they sell out first. What I find about this particular ICO is interesting that they’re going to burn whatever they do not sell which what companies will do that but what that does is help enhance the future value of that coin. Little bit about the team there are 7 members on the team and they all have their respective positions, they all have linked in connections you can go click on that connect to them if you like.
You put the glasses on, you read the QR code it pulls up and tell you everything you want to know about the product. Pretty cool, it’s just about in every area of life that you’d be interested in. This is an ERC20 token which means you’re gonna be on ethereum base token which would work out on myetherwallet go and send and receive your tokens. There’s 100000000 tokens that were created and they’re going to sell 50000000 of them in their main token sale so anything that was sold the presale anything that sold in the main token sale whatever is left they tell you all unsold tokens will be burned. The other thing is it’s 25 cents for each token and the team tokens are locked up for 12 months after the ICO and this is called an escrow what that mean is this is the team token, whatever is set out for the team the founders the developers the whole bit they’re not getting their money right away that’s going to be locked up for 12 months and that I think is excellent.
Website: https://www.lucyd.co/
Twitter: https://twitter.com/LucydLtd
Telegram: https://t.me/lucyd_en
Whitepaper: https://www.lucyd.co/wp-content/uploads/2017/11/whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2218055.0;all
Authored by: donniedarko
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