|ICO Name||Ellcrys (PreICO)|
|Start Date||July 01, 2019|
|End Date||July 14, 2019|
Current web service providers limit organization accounts to only support single owner/admin who is granted unlimited access to add and remove users and manage the account resources. We see this in services like Github, Stripe, Heroku and thousands more. This kind of account structure cannot work for future decentralized organization where there is no single owner, no leader, no trust and no headquarters. Just people from all over the world working together in an open, trustless, democratic organization structure building centrally or decentrally executed software products.
|Price||1 ELL = 0.1 USD||Sale||800,000,000||Payment Mode||ETH, BTC|
|Minimum Investment||0.1 ETH or 0.05 BTC||Distribution||20%||Raised||N/A|
|Soft Cap||N/A||Hard Cap||N/A|
General ICO Warning:
Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.