Excreteum is a decentralized solution to the asynchronous information issue by leveraging existent human capital in a seamless and secure manner for the end user.We aim to foster a vibrant ecosystem through active community participation in the development of digital solutions for peer-to-peer interaction, bypassing traditional circuits of value to accelerate the positive life cycle of practical blockchain applications. Our project is built upon the belief mutually enriching sharing of ideas and development efforts will herald a new age of prosperity in which users are front and center of the financial sector and hold equal share in resource allocation.
Whitepaper - Website - Crowdsale - Blog - TwitterAre you finding it hard to navigate between ICOs of dubious value? Implemented on the Ethereum blockchain as an ERC20 token (ticker: SHET), the Excreteum project reinvents the idea of cryptocurrency by putting you, the user, first and foremost. Our token abstracts investment complexity away through an innovative concept called
Proof-of-Null. By starting with a non-existent nominal value, we ensure SHET token holders do not need to worry: it can't go down from there.
FeaturesOn top of the Proof-of-Null system, Excreteum improves onto existing technologies in several ways. The complete list is out of scope for this topic, and we encourage you to take a look at
our technical white paper. To name some proeminent features:
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Dynamic Stability: with an ERC20 token implementation, Excreteum is pegged to the most innovative blockchain in the crypto space. This ensures high-quality new features without having to develop anything, for maximum stability.
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Dumb Smart Contracts: we take care of the inherent complexity in smart contracts by sticking to proven, simple contracts approved by the community. This allows for fast iteration and optimal security.
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Smart Dumb Contracts: to allocate resources efficiently, we decentralize decentralization in certain situations where computation would be inefficient. Trusted individuals provide an extra layer to the trustless system.
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Democratic Dictatorship: users have their say in the future of Excreteum, with a no deadlock guarantee as the Excreteum Foundation will unilaterally take every decision.
Token DetailsSmart Contract Address: 0xb228668BC6f79be14f42e5985c1853307550fd27
Name: Excreteum
Symbol: SHET
Decimals: 8
Total Supply: 120,000,000
Supply Distribution: 10,000,000 developer fund
20,000,000 marketing fund
90,000,000 to be distributed proportionally in the crowdsale
Initial Coin OfferingThe Excreteum Token Distribution will start on
July 1, 2017 at
13:00 UTC and will be divided in two contribution periods.
July 1, 2017 13:00 UTC to
July 8, 2017 12:59 UTC July 8, 2017 13:00 UTC to
July 15, 2017 12:59 UTCDuring each of these contribution periods,
45 million tokens will be distributed proportionally to all participants, for a total of
90 million tokens with the two contribution periods.
In each contribution period, a participant will receive:
45 000 000 * ( number of ETH contributed by the participant ) / ( number of ETH contributed by all participants )SHET tokens will be distributed shortly after the end of each contribution period.
Our token distribution is now closed. Thank you for your participation!To join the Excreteum Token Distribution, you will need to send ETH to the
Ethereum address on the official ICO page during the contribution periods. The minimum contribution amount is 0.01 ether. Do not send ETH to another address or outside of the contribution periods. ETH transactions are final. The Excreteum Foundation will not provide any refund.
To participate in the Excreteum Token Distribution, your wallet must be ERC20 compatible and you must own the private key.
Compatible wallets include but are not limited to:
- MyEtherWallet
- MetaMask
Exchange wallets are
NOT compatible with the Excreteum Token Distribution. Do NOT send ETH from: Poloniex, Bittrex, Coinbase, Gemini, Kraken. This is a non-exhaustive list. Please ensure your wallet is compatible before sending any ETH.
Press Reviews"Those two things work perfectly together in a seamless way, that brings elegance out" -
Panos Panai, Microsoft corporate VP of devices"It makes sense for our business, for the job candidates and for the communities" -
Sam Ladha, IBM's vice president for talent"Talent generates value and profits. Talent does not generate cost." -
Rick Tsia, MediaTek co-CEO"Excreteum might be the most promising investment opportunity of this century" -
Warren Buffet, GEICO marketing BountiesIn concordance with the improvements we offer on traditional cryptocurrencies, we have designed an innovative bounty program for Bitcointalk.
Instead of signature campaigns and promotions, we want to encourage productive discourse through traditional bounties. The system works as follow: if you reply to this topic in order to say "reserved for indonesian translation" (you know who you are), our algorithm will put a bounty on your head on the black market using a smart dumb contract. Our in-house team of professionally trained ninjas from the Sengoku era will reverse-engineer your IP packets to determine your location, and the community can then bid for the privilege to enact the smart dumb contract.
Punishments may include:
- being tied to a chair and forced to watch the Minions movie, several times.
- having to parallel park with a crying baby on the passenger seat
- an ancient voodoo curse raising your transaction fees to $5 minimum
- your mother shaking her head at you with disappointment
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