In today's review we will focus on the approaching, unobtrusive ICO, which has been designed to bring travelers and locals together, to make traveling easier and make it an unforgettable experience! Let me Introduce Pally App.
I had the privilege to challenge the co-founder himself and COO - Afiola Etomi, who exclusively talked about the reasons for creating Pally or their visions for the future. If this conversation missed you,read my previous posts where I was writing about this interview!
Pally is an international company that seeks to break the barriers to travel and motivates local residents to show "hidden" or hard-to-reach places (no tourist guides show)
With slight exaggeration, we can say that Pally is trying to compete with AirBnB, which recently began to mediate "local experiences with tourists". But the interview with Afiola shows that he is confidently emboldened and convinced that the Pally platform will cut off a significant portion of the market.
Evidence that the upcoming PALLY ICO is worth seeing is that the presale, which took place August 25, 2017, and had a hard cap of $ 250,000, was sold out within 11 minutes, while 52 investors participated .
Did you know that:
Token is a common ERC20 token that you can hold in wallets along with ether (My Ether Wallet, Mist, Parity, Metamask, HW Ledger Nano s). In ICO, only ETH is accepted, which you send out of your wallet and then you receive tokens in the same wallet. As always, you can not send from exchanges, if you make this mistake, you will irrevocably lose your "tokens".
Already 10% of the tokens were sold in presale (August 25th), 20% is reserved for future support of the platform, 20% remains the Pally team, and the remaining 50% of the tokens will be offered at ICO, a very common structure.
Hard cap is now very small and due to the success and interest it can be assumed that ICO will be sold out in a very short period. In the case of success, there is a tremendous potential for evaluating the resources invested.
The important thing is that Pally already has a beta version of the product (available for the Iphone or web version here) tested by a 25,000-user community.
The Pally team has 9 members and 6 advisors.
Pally's share capital was acquired through Angels Private Investors
Tokens will be tradable shortly after ICO's termination and are already "set up" on the Etherdelta exchange.
The tokens were sold for $ 0.025, a total of 10 million tokens worth 250,000USD
The average token price, inclusive, is $ 0.076 (if all are sold)
Token Values
Valid for ICO:
Prices are divided into 4 "Tier" or Blocks, each of 12,500,000 Tokens:
Tier 1: 1PAL = $ 0.075 (12.5M Tokens)
Tier 2: 1PAL = $ 0.080 (12.5M Tokens)
Tier 3: 1PAL = $ 0.090 (12.5M Tokens)
Tier 4: 1PAL = $ 0.100 (12.5M Tokens)
Summary of important aspects of the upcoming ICO:
Time: 15.10. - 13.11. 2017 / reaching the hard cap
Hard cap: $ 4,550,000
Total tokens: 100,000,000
Totally sold tokens at 10,000,000
Total token available at ICO: 50,000,000
Minimum investment: 0.1ETH
Token token name: PAL
Official Website: https://www.pally.co/
WhitePaper: https://www.pally.co/doc/en_whitepaper.pdf
Telegram: https://t.me/icopally
Steemit: https://steemit.com/@pally
The distribution of PAL tokens is quite clear. 10% PR, 50% ICO, 20% Dev Team, and 20% Platform
Conclusion
Pally is certainly an interesting ico, which is worth considering for the sake of the idea itself. Another plus is the functional beta version of the application, the very low hard cap and the relatively large user community. The ICO does not deviate from its usual habits and assume a smooth course. Of course, future success will depend on the work of the team and whether the product using PAL tokens will push the market. We recommend reading their WhitePaper, sign up for news and then make the final decision.
Note: This is not an investment recommendation, you are entirely responsible for your money and investments.
