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Distichain – ICO Detailed Information


ICO Distichain
Distichain Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start December 1, 2019
End December 31, 2019
Rating 3.9
Status
KYC Yes
Founded
Categories E-Commerce
Token Disticoin
Soft cap $5 000 000
Hard cap $10 000 000
Minimum investment 1 Disticoin
Accepting USDT, BTC, ETH
Whitepaper No
Discussion

Distichain Overview

ICO description, Technical Details and Documents

Distichain is yet another crypto startup that comes from Singapore, the tech Mecca of today. Established by a team of crypto enthusiasts from the United Arab Emirates, Distichain aims to disrupt the area of e-commerce that serves the B2B sector. The realization of the primary goal should be achieved, in no small way, through the incorporation of a utility token named Disticoin, which will be offered to the public through ICO that is due to commence in several hours.

The features of the Distichain ecosystem


Distichain will try to establish its presence in one of the most underrated fields of e-commerce that involves Business-to-Business transactions. The B2B sector has tremendous potential for growth, even though it presents significant challenges for the participants. According to some forecasts, the total capitalization of B2B market would surpass the $6 trillion mark by the end of next year.

Distichain Made for B2B E-Commerce


Evidently, Distichain sees it as an opportunity to enter the space armed with innovative technology that is blockchain. Similar to many other e-commerce startups, the Distichain team began building the ecosystem on the basis of the Ethereum blockchain, thus making its native token Disticoin compliant with the ERC-20 standard.

At the core of the Disticoin network lies the combination of blockchain capabilities with the ones of artificial intelligence. Through this system, the team wants to offer a meeting point for all interested parties, such as buyers and sellers, insurance providers, partners in logistics, as well as traditional banking institutions. By employing the blockchain technology, the project wants to offer a fully secure environment for peer-to-peer transactions, which would be incomparably more cost-effective due to almost negligible network fees, made affordable through the use of Disticoin.

Moreover, should the Distichain platform operate seamlessly, the businesses involved in the B2B trading space could immensely expedite the time for payment processing and allocation, thus making their operations far more efficient. All transactions and dealings that take place in the ecosystem are fully compliant with the AML requirements, while the participants are duly verified via KYC.


The Distichain team

The ICO details


The public sale of Disticoin tokens starts on October 31; it is scheduled to last through a month until November 30. The utility tokens will go at a price of $0,01 per unit with no token bonuses or other perks mentioned in the official papers. Distichain wants to raise at least $5 million in order to continue the development of the ecosystem. The maximum funding goal is set at $10 million. All investors, with the exception of those who reside in the U.S., can buy Disticoin with BTC, ETH, and USDT.  

Author: Alex Paulson for Crypto-Rating.com

Distichain Milestones

* Crypto Rating accepts no liability for any errors in the Distichain ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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