Scruge [BIDL]
ENDED: October 31, 2019Transparency Details
We have unverified contact details for this ICO
We have no information about the team
We have unverified information about this ICO
Description
Fundraising market is broken. Having had an unprecedented level of bias andsegregation for years, it denied the opportunity for non-wealthy to invest in early-stageventures and made it extremely hard for founders from underrepresented backgrounds andgeographies to raise capital. As a result, the creation of new wealth has been privatized andcontrolled by ...Read More
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CrowdfundingExecutive Summary
The invention of Bitcoin and blockchain technology has allowed extending benefits of the Internet by allowing anyone with Internet access to transfer value almost instantaneously and in the most secure way known up to date. At the core of Bitcoin's security and freedom of usage is the idea of distributed consensus: uncoordinated actors all over the world are competing to verify transactions. The notion of distributed consensus and digital money has quickly spread out, and soon first entrepreneurs started working on projects that have these concepts at the core of their products. Seeing a lack of interest by traditional forms of financing, like venture capital or banking industry, entrepreneurs have come up with an innovative crowdfunding model – Initial Coin Offering. While this type of funding has been abused a lot by fraudulent actors, it's a step in the right direction: for the first time in history, anyone from anywhere could participate in financing early-stage promising ventures.
Our mission is to democratize capital formation by allowing people from all over the world to raise funds for their ventures and invest in others. We believe what we are doing is of utmost importance towards reducing wealth inequality and preparing people for the world of automation and the declining value of labor. We can imagine the future where regular people work as investors 3-4 hours a day, controlling their previous investments, participating in the community, and looking for new promising startups.
The new digital economy is growing at a rapid pace with the latest trends and standards emerging and replacing the old ones. We accept and embrace innovation and uncertainty, so we want to ensure that we have consistency in developing and updating our product. That’s why we want to put forward these values on which we will base our decisions.
Documents
Whitelist and KYC
The Team
Timeline
Pre-Sale Starts
1st April 2019The ICO/Token/Coin pre sale opens
Happened: 5 Years, 7 Months, 20 Days ago
Pre Sale Ends
30th June 2019The ICO/Token/Coin pre sale closes
Happened: 5 Years, 4 Months, 21 Days ago
Sale Starts
1st September 2019The ICO/Token/Coin sale opens
Happened: 5 Years, 2 Months, 20 Days ago
Sale Ends
31st October 2019The ICO/Token/Coin sale closes
Happened: 5 Years, 21 Days ago
TODAY
21st November 2024