Loci has created “InnVenn", a search tool that draws from an expansive database provided by inventors directly. The system serves inventors by offering immutable proof of intellectual property rights on a global scale presented in an interactive, user-modifiable, and visually appealing Venn diagram of technologies, inventions, patents and ideas. The LOCI token is an ERC20 token used to pay for services in the InnVenn app, and as a medium of exchange to buy and sell intelectual purpose
Team:
The Locicoin ICO will start on the 6th of December and will last until the 31st. The ICO token allocation represents 50% of the total token supply and will be available for a $0.33 starting price. Users can participate in the ICO with ETH. The ICO funding cap has been set $19,000,000.
Token Reserve Split (50%):
The LOCI ICO will feature a bonus and bounty campaign.
Bonus Structure:
Dates: 12/6 to 12/8
Base Rate: $2.50
Net Price: $0.33
Dates: 12/8 to 12/15
Base Rate: $2.50
Net Price: $0.44
Dates: 12/15 to 12/22
Base Rate: $2.50
Net Price: $0.57
Dates: 12/22 to 12/31
Base Rate: $2.50
Net Price: $0.75