Crodo — It is a platform that uses decentralized funds collected in the Cronos ecosystem for early development projects on favorable terms for the influencers and creators of the platform. It implements an improved way of distributing coins between pool members in a playful way with a clear interface.
Crodo is built from automatic decentralized mechanisms, which allows you to evenly distribute tokens according to a pre-calibrated algorithm.
Advantages
Crodo After analyzing the work of other IDO sites, we found the following problems:
- Lack of reminders to participants about the start, approval in the whitelist, the start of the token redemption stage, etc. Because of this, participants sometimes forgot to enter the site on time and lost the chance to buy a token at a bargain price.
— For this, a chat bot was developed in Telegram, which will warn you in advance about an important action.
- Slowly running site servers that do not cope well with a sharp increase in traffic, which leads to problems accessing the IDO site at the right time.
— This problem is solved by using CDN and DDOS protection through CloudFlare.com and hosting servers in Kubernetes on dynamically created virtual servers in DigitalOcean.com
- Staking system without additional motivation to keep tokens locked. This causes the price to drain at an unfavorable market period.
— Titles have been introduced for holding tokens, which are reset if tokens are withdrawn from the site
- Lack of convenient ambassador programs
— An ambassador program was created with the ability to send tasks, monitor their status, view the balance of points earned, reminders of new tasks, a competitive system, an affiliate program
- Participants do not understand projects and buy everything in a row
— Project integration options have been developed to engage the audience for real use
Tokenomics this project
Type: CROD Token on Cronos
Ticker: CROD
Total supply: 100 000 000 CROD
Token contract (TestNet): 0x03b7796B662646f6fEfe1e39131390e2478e6036
Source code: github.com/Crodo-io/Contracts/blob/main/contracts/crodoToken.sol
Initial circulating supply: 21 100 000 CROD
Initial market cap: $3 798 000 USD
Seed price: $0.10 USD
Private sale price: $0.15 USD
Public sale price: $0.18 USD
Token distribution
For our private and public sales rounds are distributed over many different participants. So, we are trying to create the most fair token distribution on launch possible with no single entity holding large supply quantities.
- 5% Seed — $500 000 at $0.10 per token, cliff for 2 month, 10% unlocked each month thereafter
- 6% Private sale — $900 000 at $0.15 per token, cliff for 3 month, 10% unlocked each month thereafter
- 2% Public sale — $360 000 at $0.18 per token. cliff for 3 month, 10% unlocked each month thereafter
- 25% Team — cliff for 12 month, 10% unlocked each month thereafter
- 5% Advisors — cliff for 12 months, 10% unlocked each month thereafter
- 20% Liquidity — Fully unlocked
- 17% marketing — 5% unlocked, 5% unlocked each month. Unused tokens for these purposes will be burned
- 5% Staking rewards — 5% unlocked, 5% unlocked each month
- 10% Ambassador program — cliff for 2 months, 10% unlocked each month
- 5% Company reserve — cliff for 5 months, 10% unlocked each month. Required for unexpected expenses. Some of these tokens will be burned
Circulation supply over time
Discord — https://discord.gg/GrWej2J8