Initial
Development
Offering

An elastic approach to funding blockchain projects.

eRAY total supply

2.17

Backed 1:1 by ETH

eRAY total supply

2.17

Backed 1:1 by ETH

Token price
356.28
Since last month
35.57
Since last month (%)
11.57

567.43

Now the tokens can be exchanged into crypto (in case of ethereum — ETH) at any time with a 1:1 ratio. But if the contributors believe in the succes of the project they will likely choose to keep them.

  • Ratio 1:1

    The contributors are guaranteed to exchange these tokens into ETH.

  • 50%

    Opening of a new round when 50% of the stock of crypto currency is burned.

  • Example

    The contributors are guaranteed to exchange these tokens into ETH.

When the token is exchanged back to crypto using the smart contract reserves, the crypto is sent to holder of tokens, and tokens are burnt. When 50% of crypto (ETH) reserves is burnt a next investment round kicks in automatically at a rate set by founders (that optionally can be set at any time, and could theoretically match market price of the token). At this point ETH is automatically converted to tokens at osme rate (let's say 20:1, meaning for every 20 ETH investor gets 1 token and 19 tokens stay within contract for founders to pay contributors).

Changing Parts in Investment Rounds

Every day the amount of tokens investor receieves for every ether invested is increasing making it more attractive to wait another stage of the round, but in increasing the rist that someone will take an opportunity to invest early. Here is an example how the token distribution changes from one stage of investment round to another until the round is finished:

Day: 1

piechart's data representation
  • Project80%

  • Founder10%

  • Investor10%

For every 70 ETH invested

Day: 2

piechart's data representation
  • Project70%

  • Founder10%

  • Investor20%

For every 80 ETH invested

Day: 3

piechart's data representation
  • Project60%

  • Founder10%

  • Investor30%

For every 90 ETH invested

Day: 4

piechart's data representation
  • Project50%

  • Founder10%

  • Investor40%

For every 100 ETH invested

This Approach to Funding has a Few Advantages to Traditional ICOs

  • It ensures that there is no over raise that many people witnessed with ICOs.

  • More power over project to the contributors - the people who create it. Contributors may decide how much of their compensation to keep in tokens, rather than given a fixed amount.

  • Less risk of loosing the raised funds, since only a small amount of crypto is locked, not all the amount raised.

  • There is less wastage of funds on marketing, pr and other bs that the current ICO craze has created.

Now the tokens can be exchanged into crypto (in case of ethereum - ETH) at any time with a 1:1 ratio.

It is a simple idea combining two working technologies. DPOS (of graphene) and Solidity smart contracts. At the time of the writing Ethereum's market cap is roughly 30 billion dollars. If our blockchain reaches 1/1000th of that success, the market cap of Annihilat.io will reach $28m. If we, as founders/investors keep 10% of that, we will make a little bit of money. But on the way to this success 90% that is distributed to contributors may make some good money too.

Brief information for investors

Brief references from basic information. Brief references from basic information

It is a simple idea combining two working technologies. DPOS (of graphene) and Solidity smart contracts. At the time of the writing Ethereum's market cap is roughly 30 billion dollars. If our blockchain reaches 1/1000th of that success, the market cap of Annihilat.io will reach $28m. If we, as founders/investors keep 10% of that, we will make a little bit of money. But on the way to this success 90% that is distributed to contributors may make some good money too.

Brief information for traders

Brief references from basic information. Brief references from basic information

The point of this project however is not only to bring to market another smart contract blockchain, even though we expect it to be much faster. The goal also is to create a precedent for a way projects can be funded. The community of contributors we may gather around us may transform this idea into something completely different and improve the idea greately. Only test will tell. On the other note we hope that the distribution of tokens as form of compensation will create a more or less even spread of stake among contributors and also investors.

FAQ

Here you can find frequently asked questions on this topic and answers to them.

Every day the amount of tokens investor receieves for every ether invested is increasing making it more attractive to wait another stage of the round, but in increasing the rist that someone will take an opportunity to invest early.

The first frequently asked question on this topic?

Every day the amount of tokens investor receieves for every ether invested is increasing making it more attractive to wait another stage of the round, but in increasing the rist that someone will take an opportunity to invest early.

Every day the amount of tokens investor receieves for every ether invested is increasing making it more attractive to wait another stage of the round, but in increasing the rist that someone will take an opportunity to invest early.

Token generation event

The new round will begin at the end of the balance.

Something went wrong! Couldn't get TGE status.

Balance 2.17

Time to a new round

This shows how much to collect and how much is collected ETH.

Representation of values on scale from 0 to 1.17. Goal fulfilled up to 2.17ETH.

This shows how many stages of investment are left.

Representation of values on scale from 3371881 to . Goal fulfilled up to 4430323. Scale name isStarting block.

Whichever completes sooner will end the live TGE.

Stage 70562

Previous price

1.00

Starting block

3371881

Stage 70563

Current price

1.00

Current block

4430323

Stage 70564

Next price

1.00

Starting block

4430341

RoundAmountStartBlockInvestorProjectFounder
337874392.261.935.80
3378313NaNNaNNaN
3378085NaNNaNNaN
337979198.201.800.00
3378223NaNNaNNaN
Summary: 0.9000
337060366.9225.457.63
337182715.0365.3619.61
337179514.4765.7919.74
337176313.9166.2319.87
337177213.9166.2319.87
Summary: 1.0000
337162117.2063.6919.11
337142016.1364.5219.35
337132715.5864.9419.48
337112714.4765.7919.74
337102113.9166.2319.87
Summary: 0.0000

Project Wallets Snapshot

Project balance:

0.000

Project received:

2.170

in total

Project spent:

2.170

in total

AgeTransfersQuantity
5 months ago30.270
5 months ago30.400
5 months ago30.500
5 months ago31.000
5 months ago30.100

To see all translations go to Etherscan