Enkronos go to ICO!

Enkronos Apps: a full trusted decentralized blockchain-based accountability system for ethic advertising, marketing, data driven campaigns and projects in a total market of 700 billion USD

We are very excited to announce you our ICO! We can see all the details in our ICO web site. A basic difference from almost all the ICOs is then that we already have a product and an established Company.

As our followers know very well, in fact, the last 3^rd of May we published the 1^st release of Enkronos Apps, in advance of 12 days on the planned date of 15 May. Now we are very proud to tell you that our Token Generation Event (or better, ICO, as everybody calls it) has started its operations.

The Enkronos Tokens (ENK) will be the utility tokens of the “Enkronos Apps” Platform that will be used in all transactions related to distributed credits on the “Enkronos Apps”.

ENK will be then the only way to use “Enkronos Apps”, starting predictably from Q1-2019. Depending on resources consumption, storage and requests to the platform, the Enkronos Wallet will update its balance of available ENK.

Why we created ENK?

Enkronos Apps platform powerful advertising, marketing, AI and big data possible usage (as it happens for any other advanced solution) raises a problem of respect of ethical conduct that till now has not found any acceptable answer also in any other available platforms. This unsolved problem is the main reason of the recent uncertainty that has created collapses in the stock exchange even for giants like Facebook (see Cambridge Analytica case).

The natural evolution of “Enkronos Apps” was therefore the realization by Enkronos of a full trusted, not manipulable publicly available accountability system to guarantee its ethical usage.

This the main reason why blockchain technology is the answer to this issue, since it is the only way to assure everybody that any usage of Enkronos Apps, that will be possible only with ENK tokens, will be registered and traced in a secure way that can’t be deleted or changed.

ENK Supply

ENK follows ERC20 token standard on the Ethereum blockchain.

ENK has already been created and they have been capped, meaning we are not able to create any more in the future. No inflation is intended. The base price of ENK is setted as published on our TGE web site, ico.enkronos.com.

500 million ENK tokens created. 255 million directly sold to public.

Token supply is fixed, we create immediate deflationary currency that will be as valuable as our growing community (startups and crowd) in our ecosystem.

The tokensale will happen in these phases:

Private Sale: June 14, 2018 h16:00 CET – June 25, 2018 h15:59 CET
Pre Sale: June 27, 2018 h16:00 CET – July 16, 2018 h15:59 CET
Public Sale: Sept 18, 2018 h15:00 CET – Nov 20, 2018 h14:59 CET

Legals: No KYC Is Required

From a legal point of view, ENK is a utility token and does not qualify as securities since their sole purpose is to confer digital access rights to our multi-application ecosystem. ENK doesn’t function in any way, solely or partially, as an investment in economic terms.

On these fundamental assumptions of ENK tokens, then, in accordance both with the slovenian law (our jurisdiction) and also the doctrine that is going to be established at many levels in different countries and jurisdictions, such as the ICO guidelines recently published by the Swiss Financial Market Supervisory Authority FINMA, there is no need at this stage to apply the procedures known as “Know Your Client” (KYC) and “Anti Money Laundering” (AML) to any person or entity interested in buying ENK during our “Token Generation Event – Initial Coin Offering” (TGE).

You can read more information about ou ICO on our official web sites and social media pages.

Company Web Sites