october, 2017

20octallday20novalldayAcumen ICO (AMT)Putting the power of patents in the hands of the people

Event Details

The AMT will be token will used to interact with the ecosystem. AMT holders will also receive 20%
of the Acumen Network’s revenue, to be paid out yearly. This rewards are original supporters
for helping us setup the world’s global patent system. They aim to make money by charging 0.5% to 2% fee of the cost of every patent.

Acumen plans to expand the network with the following strategy:

  • Build a strong community on our test net
  • License the technology to countries
  • Reform judicial systems to allow for
    community consensus in patent trials

Team:

  • Emre Cakir: Founder
  • Mihir Dutta: Founder

Reserve Token Distribution:

  • 43% Retained by the Acumen network
  • 20% Allocated for test net bounties
  • 5% Allocated for founders
  • 2% Pre-Sale

Budget:

  • 40% Operational
  • 30%Core Developement
  • 20%Legal and Compliance
  • 10% marketing and Sales

Time

October 20 (Friday) - November 20 (Monday)

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