|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, 2018|
|End||December 31, 2019|
ICO description, Technical Details and Documents
One of the biggest problems in regards to energy these days is the fact that there is so much of it needed to fuel modern society. Meanwhile, the efficiency is not nearly as high as it could be, which is why a large portion of energy gets wasted. To try to combat the issue, energy efficiency and emission reduction became a huge goal of many industries, including the crypto/blockchain industries.
There are multiple projects out there that are designing new ways of energy reduction while keeping the efficiency on the same level, or improving it further. Heating is, obviously, a very big part of it, and crucial for survival. Experts in various sectors are attempting to bring new, innovative solutions, and as mentioned — these efforts also entered the blockchain industry, with Saiterm currently being one of the leading projects in this area.
Saiterm has a goal of developing new, cutting-edge technology products designed to reduce energy emissions and consumption. The company's technical staff has decades of experience, and they have been the leaders in this technology ever since the company was founded.
Their main goal is the interior heating sector, particularly when it comes to homes and offices. To that extent, they developed SPRING heating system, which they use as a practical example of what they can do.
The company had recently decided to start a crypto initiative as well, dedicated to the same goal. With that in mind, they have developed their own token, SAIEX, which is currently holding its year-long ICO.
As mentioned, Saiterm ICO is currently on-going. It started back on December 1st, 2018, and it will end on December 31st, 2019. The token, SAIEX, is created on Ethereum's network as a utility token. Its price is $1 per token, and interested investors can purchase it in exchange for fiat currencies, as well as for a number of cryptos, including BTC, ETH, LTC, DASH, XRP, and XMR.
The minimum investment is $10, in exchange for which the investors would receive 10 SAIEX. The project already has a working MVP, a bounty, as well as a bonus. It is registered in Malta, and there are no reported restricted areas. In other words, anyone who wishes to participate in the ICO is welcome to do so, provided that they go through a KYC procedure.
Finally, the project is offering 50 million units for sale. While the ICO is already halfway through — there was no announcement regarding the soft or hard caps.
* Crypto Rating accepts no liability for any errors in the Saiterm ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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