Pledgecamp (PLG) Initial Coin Offering - ICO Details & Financial Information

ICO NamePledgecamp
SymbolPLG
Start DateFebruary 18, 2019
End DateMarch 19, 2019
CountryCayman Islands
PlatformEthereum
Ends
3 Months ago

The future embodiment of this solution will be a decentralized application (dApp) called Pledgecamp. Pledgecamp will be the first platform to offer Backer Insurance—a security mechanism that holds campaign funds in a smart contract governed by backer vote. This financial incentive holds creators accountable to their promised timelines and provides a basic security mechanism for backers.

It's #CommunityThursday, and today we are putting your knowledge of Pledgecamp to the test with a community quiz!

Throughout the day, we'll be asking questions about the project to our Telegram community. The first user to answer a question correctly will earn a 100 PLG reward!

#BuildWednesday Our Latest Engineering Update is here!

Last week we continued planning partnership integrations with Binance and Klaytn, working on platform functionality, and integrating credit card payment processing.

Read more:

https://t.co/AmLfh0ymAL

Zano received over $3.2 million in funding from 7,000 backers for their mini drone. The company spent at least some of the funds on luxury items such as high end Macs and a new BMW. The project ultimately failed.

Crowdfunding needs #BackerProtection.

https://t.co/wzV9iIEugL

#TokenTuesday #crowdfunding What is the Initial Creator Fund, and how will it help creators and vendors in the early days of the platform? Read all about it here:

https://t.co/Y0XyhnT9nq

CMU fund (https://t.co/29H1Jgo3zI) is based out of Beijing, investing widely throughout China with $20 billion USD in assets under management. CMU Fund and Pledgecamp will work to stimulate entrepreneurship and funding in China. #MoonMonday

https://t.co/bAikaJEsWf

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Price0.0100 USD Sale300,000,000 Payment ModeN/A
Minimum InvestmentN/A Distribution20% RaisedN/A
Soft CapN/A Hard CapN/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.