INDICOIN- The first ever ICO from India

[mihir]

''Indicoin: Blockchain redefining Social Service’’ is India’s first Token sale/ICO.

Indicoin is a decentralized autonomous cryptocurrency and a social service platform that enables users to use smart contracts to provide social proof to the community through a  decentralized, unbiased and transparent voting process thereby incentivizing and encouraging the user community to undertake more such social tasks. Indicoin is a first ever social platform where people can not only contribute but also validate through any kind of content post anonymously from anywhere, anytime and also earn through it.

Indicoin tokens give the member of the community the right to raise a proposal and vote for proposals of other members. Every Indicoin holder will be a member of the community on the decentralised App(App). Also, one can stay anonymous.
Suppose I am doing something which will ultimately lead to upliftment of the society. So I raise a proposal on the platform(DApp). Upload my proof of work which can be anything like a live video, images, genuine documentation.

This proof of work is now reviewed by other members of the platform and a transparent and unbiased voting process takes place on the platform. Members can either upvote the proposal or down vote it.  If my proposal is found to be genuine I get Indicoins as a reward. Also, the members who upvoted me will get Indicoins. If my proposal gets downvoted or rejected, members who downvoted will receive the Indicoins. Two consecutive rejection will lead to the suspension of the right to raise the proposal.  
Indicoins are ERC20 tokens built on top of ethereum. So IPFS, Smart contracts(ethereum) and the distribution protocol developed by our team will decide to whom and how many coins will be allocated.

I'll give you an example. One day, I plant a tree in my backyard and upload a video doing so. Now, all the group members will either upvote it or downvote it. Upvote means they are satisfied that I really did it, downvote it if it seems that I did the trick and didn't actually do the job. As a whole, votes will be calculated and if I really did plant the tree I'll be rewarded. This is just an example, there are million other test cases that can be implemented. When people will be rewarded with some thing like Indicoin by doing something good towards society then it will motivate people to do good. More and more people will come in it and demand will go up for Indicoin.

ANN announcement link:- https://bitcointalk.org/index.php?topic=2142084
website:- indicoin.org.in
join telegram to get updates:- t.me/indicoin

[Opnsrc]

I love India.
They have so much developers.
Will look forward about it project.

[mihir]

Thank you for your support and motivation.

[glowing10]

Can you share some information about your ICO how is it going, how much investment raised , what are the concerns raised by your customers , how do you project it for future, what challenges you think which may stop you etc ?

[Rhshahindiana]

Proud for this moment, Seems pioneer in crypto coins, IndiCoin, Definitely interested in this project and want to know more bout the white paper and Bounty offers if running any.

[kimochidesh]

Good luck to INDICOIN team for their ICO. The only drawback I could see is that you guys are taking a lot of time to register yourself on Exchanges.

[mihir]

Proud for this moment, Seems pioneer in crypto coins, IndiCoin, Definitely interested in this project and want to know more bout the white paper and Bounty offers if running any.

Proper announcement thread of INDICOIN: https://bitcointalk.org/index.php?topic=2142084.0
You can find all details including whitepaper on the ANN.
Whitepaper: http://www.indicoin.org.in/wp-content/uploads/2017/09/Indicoin-Whitepaper-1.pdf
Bount thread: https://bitcointalk.org/index.php?topic=2142876.0

[mihir]

Can you share some information about your ICO how is it going, how much investment raised , what are the concerns raised by your customers , how do you project it for future, what challenges you think which may stop you etc ?

ICO is about to start on 1st October. We have raised 900ETH. As far as the concerns stand that the challenges in the India Market which stand our great Market to have the penetration of Bitcoin and how a social cause shall keep the interest of the investors in a Social ICO Project which we have tried to address by our various means.
The idea behind INDICOIN is to create an inclusive community of people who are incentivized to do socially constructive tasks.This creates a new paradigm in which technology is infused with our social fabric.

[deathwish]

Is there any airdrop or campaigns for promotion of this altcoin ? I'm interested in this being the first from India.

[mihir]

Is there any airdrop or campaigns for promotion of this altcoin ? I'm interested in this being the first from India.

There are various campaigns already running for the promotion of Indicoin.
You can check the details on under website under Community Buildup Program.

[deepakindi]

Indicoin is listed on Hitbtc

[cryptomoon1003]

Is Indicoin already listed on exchanges ? If not, do you know what phase is it in?

I am interested to participate

[reliable]

Is Indicoin already listed on exchanges ? If not, do you know what phase is it in?

I am interested to participate

This coin is listed on hitbtc and not much worth of a coin. 1 coin =   0.00000170 btc. Also if you see volume it is just 0.1664 which is not at all good sign and signify that people are not interested in this coin and more sort of avoidable coin.

[copperton]

When is the ICO date ? This seems interesting

[sagybtc]

dont think this is the first ico from India. Already have some other mentions in list before.
But impressive project looking forward to have good results.