Adel – The ICO begins today, May the 1st, 2017 - Users can now take part in the 1st ICO round of this blockchain incubator that will rely on Nxt for its operations.
"Adel is a global cryptocurrency community that is self-sustained and offers its own economic ecosystem with the Adelphoi token. Our community focuses on creating, developing and implementing use cases involving blockchain technology that covers a wide range of digital and physical industries. Supported projects are developed, discussed and decided by community members."
Over the course of 3 ICOs, 100 million Adelphoi ADEL tokens will be premined and distributed to ICO participants. 85% of the tokens will be reserved for ICO contributors. The remaining 15% will be distributed to the development team at a rate of 5 million tokens per ICO.
The 1st ICO round will be open for 4 week and will be available using ShapeShift & Changelly. After the first round of ICO, the total amount will be proportionally calculated and exchanged for 28,333,333 units of Adelphoi.
5 million Adelphoi will then be allocated to the Adel team.
Adel’s ICO will be the first to comply with Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF) and Know your Customer (KYC) regulations.