- Company Name: Titus Invest Ltd
- Country of Origin: Malta
- Industry: Finance
- Concept Short Description: The Titus Coin project includes thousands of people to acquire merchants for the coin, backed by EUR and with instant transactions in a Bitcoin type blockchain
- Description: Titus Coin is a decentralized coin using open source technology.
The coin is backed by EUR held in the Swedish VIP Coin Sparkassa Financial Union.
The use of supernodes secure instant transactions.
Securenvoy, a world leading transaction security company is securing transactions with a two tier security system.
The ICO will run for a maximum of 5 weeks or until all the coins are sold and is broken down into five tranches with each tranche lasting one week or until the coins are sold. 100,000,000 coins are on offer and there is a set amount of coins on offer each week. The price starting at €1.00 and rising each week or until the coins for that tranche are sold.Once all the coins are sold then the next tranche will become available at the increased price.
The target is to raise €335,000,000 during this ICO
A large proportion of the funds raised will be placed in an independent fund which is managed by a third party to support the value of the currency as well as being able to provide liquidity to merchants who wish to convert their Titus Coins into fiat currency. The rest of the funds will be used for technical development, sales and marketing and business operations.
The size of the fund supporting the coin value will grow from transaction fees from coin usage as well as from investments
- Crowdsale Open Date:
October 15 2017 @ 12:00 am
- Crowdsale Close Date:
November 19 2017 @ 12:00 am
- Accepted Contribution Methods
- Token Name: Titus Coin
- Token Symbol: TTS
- Blockchain Technology: Bitcoin
- Total Token Supply: 402
- Crowdsale Token Allocation: 100
Head of Blockchain Technology
Titus Community Director
Titus Community Chief Marketing Officer
Head of Games Based Marketing
Head of App Development
Dr. Henning Witte