Review Contractium project

zhukanny (36)in #ico • 6 years ago (edited)

Contractium is a decentralized software that will be based on on-the-air smart contracts. The goal of the project is to nullify all paperwork in paper form and create a legally literate coalition that will work on smart contracts.

The product of Contractium can already be tried in alpha testing. Available testing applications for tokens, as well as applications for the creation of smart contracts.

Project Information

The Contractium product will help users create smart contracts easily and through any applications (web, mobile, etc.). It is designed to abolish paperwork between people, which will have a positive impact on the development of any business. The company believes that the next generation of smart contracts is the foundation on which on-the-air smart contracts will be built with technologies responsible for the security of commercial activities between the person who created these contracts and those who enter into them.

The benefits of the project:

It was created in order to use the smart contracts to sign contracts as quickly and as efficiently as possible.
It helps to establish certain connections between several persons.
With its help, there is no need for paper documentation, which is an undoubted advantage, for example, in a situation where people are in different countries.
It saves time and simplifies the lives of entrepreneurs and individuals.

ICO Terms

Token symbol is CTU. The total supply will be 3,000,000,000 and half of it for sales. The token price on ICO is 1 ETH = 15,000 CTU.

The distribution of tokens is as follows:

Public investors and investors - 51%.
The reserved fund - 27%.
Team, advisors, and partners - 22%.

Distribution of funds:

Marketing and branding - 26%.
Operations - 14%.
Administration - 6%.
Team - 4%.
Product development - 51%.

It can be noted that, unlike most projects, this thread on the site is not very detailed, which can be called a minus. The percentage is available only in charts but is not specified in text format.

Roadmap

The project’s Roadmap focuses on the development of technology, operating infrastructure, new partnerships and marketing initiatives.
January 2017 - Formation of the team.
October 2017 - Kickstarted project.
June 2018 - Release of the mobile application Android and iOS.
July 2018 - Private Sales start, MVP Released.
August 2018 - Private Sales end.
September 2018 - Presales ends, Public Sales starts.
October 2018 - Public Sales ends, Token Sale begins.
November 2018 - Beginning of trading on exchanges.
January 2019 - Launch of B2B S-A-A-S for business integration.
May 2019 - Vertical Diversification into other companies.

The project team

The project team includes participants from around the world. They firmly believe in Blockchain and Smart-contract, as the next generation of global industry.

Hung V. Nguyen - is the Co-founder and CEO of the company.
Thanh H. Tran - Co-founder and CTO.
Dennis Poh Wei Song is the Co-founder and Chief Operating Officer responsible for the Singapore market.
Efosa Ighodaro - Co-founder and CEO, responsible for the African market.
Thien Q. Nguyen - Co-founder.
Nsofor Gabriel Uchenna - Business Development Manager.
Gien Tran - responsible for the blockchain and the technical part.
Victor Ugochukwu - Co-founder and Chief Operating Officer responsible for the African market.

The project’s website features White Paper, links to all social networks and a vivid example of how the Contractium application itself will look like. Also, the creators immediately offer to look at the ratings that they put the various applications and companies that have weight in the crypto world. Given a large number of evaluations, it can be concluded that all the top companies that are responsible for advertising and searching for new ICOs show that the project is really interesting.