This is a Long Post that has been put together regarding CPCHAIN. Some info from reddit some from other places. This is just my opinion and Its a coin that I Hold and I see a Big Future in it personally, others might disagree, but thought id share it with you. This didn’t even go to ICO it sold out in 2 days in Private Sale. Not a lot of people know about it yet. Just take a look at it. Especially the partners. #CPCHAIN
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CPChain’s goal is to deeply integrate Blockchain technology, encryption computation and enhanced scalability via cloud storage, to enable IoT devices to interact with different data sets over cross-chain applications. CPChain will be the transmission vehicle for comprehensive data acquisition, data sharing, storage, and application use in the IoT industry, allowing vendors and suppliers to monetize real time data on the Blockchain.
Currently $0.242821 USD
0.00002890 BTC
0.00029000 ETH
General Information
Hardcap: 30,000 ETH
Private sale price 1 ETH = 10000 CP ≈ $0.10 at the time
Circulating Supply : 230mill for next 3month
CPCHAIN did not have an Actual ICO. It got Sold out in Private/Presale Phase
Available Exchanges: EtherDelta, IDEX (Please read the
Total Supply: 1 Billion
CPChain WILL have Masternodes but as of writing this there has been no further information provided regarding it.
Token Distribution/Metrics
Of the 1 Billion Total Supply:
(This information was verified through Page 32 of the Whitepaper)
- 40% to Overseas Community and Institutional Investors
- 25% to Founding Team, Development Team and Consultants�-This 25% is locked for 3 years. Released in batches each year as a reward for the team.
- 35% to Community Governance
The ICO was a private sale with 100 eth minimum requirement.
Start and End date: Jan 23rd-25th, 2018
Price: 1 ETH = 10000 CPChain tokens.
Bonus: 20% off (lock up required), 30% off for more than 1000 ETH (lock up required).
Lock up information: (According to 3-3-4 rule) 30% will be distributed as the project ends, 30% will be distributed in 3 months and 40% will be distributed in 6 months after initial token distribution concluded.
Partners and Investors
QTUM
Financial support for the CPchain material chain and infrastructure. Also will act as technical partner for the iteration of the CPchain main-net later in the year
Metaverse
Support improvement in the digital identity system. Focus on efficient and convenient digital personal data and asset transfer helping guarantee security of transactions and personal privacy
HPB
Strategic partner/Investor will jointly develop and promote Blockchain Platform, Hardware and technology in the application scene, with technological innovation to serve the social and economic development
VeChain
Cited as a strategic partner on their website. Currently unable to find any specific info on what this partnership entails. Web discussion lists possible partnership of the IoT Identity solution.
Torque Capital Investors
They are fast becoming a must follow name in the crypto VC space. Torque has confirmed investment into this project, and with a stellar line-up of prior investments, you can be sure Torque will be a positive addition.
SAIC Motor Corporation Limited (SAIC)
SAIC (formerly Shanghai Automotive Industry Corporation) is a Chinese state-owned automotive design and manufacturing company headquartered in Shanghai, China, with multinational operations. A Fortune Global 100 company and one of the "Big Four" state-owned Chinese automakers (along with Chang'an Motors, FAW Group, and Dongfeng Motor), the company had the largest production volume of any Chinese automaker in 2014 making more than 4.5 million vehicles. Its manufacturing mix is not wholly consumer offerings, however, with as many as 1,000,000+ SAIC passenger vehicles being commercial vans.
MainNet Launch: October
CPChain Founders
Dr. Chengnian Long
Co-founder and chief scientist Dr. Chengnian Long is a IEEE senior member and professor, who sits on many technical committees in the industries of education, commercial operations and security. Professor Long Chengnian's main research direction is the Internet of Things (IoT) and distributed intelligence system based on blockchain technology and has written over 50 Publications on the topic of IoT.
Dr. Zhao Bin
Supporting Co-founder Dr. Bin Zhao is also the CEO of Tongxinluo Chain. He has over 12 years of Research and Development experience in communications, Internet of Things and the Fintech industry, as well as extended R&D team management experience and has 3 patents in the field of IoT.