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Author Topic: ico Achain  (Read 1008 times)
Alan_zi1
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June 30, 2017, 04:14:47 AM
 #1

Achain, the intelligent contract platform
Born for enterprise-level distributed applications
Benchmarking ETH “overturning-level” smart contract platform
 
Achain is an efficient enterprise-level distributed application platform

which is a Turing complete intelligent contract virtual machine realizing

the processing of independent intellectual property rights. Matching up

with the unique RDPOS distributed consensus mechanism, it forms a

platform with unique advantage in enterprise-level distributed

applications.
 
The Achain project is planning to have ICO on July 7. At the same time,

opening source is advanced and community is prepared, making it possible

to become a fundamental asset issuing public chain.
 
Achain project official website: http://www.achain.com/
Mobile phone version official website: www.achain.com, updating the

mobile phone adaptive version and information of some investors
 
The English white paper is being translated, please pay attention to the

official website recently!
Contact way:
Email: hi@achain.com
QQ group: 485443298
Wechat: Achain_secretary
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YGung
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August 28, 2017, 03:32:30 AM
 #2

bumping this post as this has just hit an exchange, and it seems like a potentially big project (at least in China for now) considering the success of the Achain ICO and Simons Chain ICO (First Dapp ICO on top of the Achain platform).

OP, have English translations been completed for technical whitepaper and business whitepaper yet?  Checked the website; no go there.

mgao6767
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August 28, 2017, 04:48:57 AM
 #3

Interesting... Quietly done ICO already...
mgao6767
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August 28, 2017, 05:00:57 AM
 #4

Saw that they finish ICO in a minute. A quick read through the whitepaper. Only top 99 accounts/nodes can generate blocks?? what?
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August 28, 2017, 05:23:26 AM
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I think you should look for higher rank to add images for you, just to make the Ann more attractive, images appear more to people 

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NotoriousBIG_PJ
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August 28, 2017, 08:21:56 AM
 #6

What is the current supply/max supply of this coin? It looks interesting, but I want to estimate the marketcap to determine its current value.
YGung
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August 30, 2017, 07:47:18 PM
 #7

Saw that they finish ICO in a minute. A quick read through the whitepaper. Only top 99 accounts/nodes can generate blocks?? what?

I mean, that's fairly common for a DPOS like system where blocks are forged...

So all of a sudden link is working for English Whitepaper:

https://www.achain.com/Achain_tech_white_paper_translate.pdf

https://www.achain.com/Achain_business_white_paper_translate.pdf

Amongst other things, I like the focus of security and bug finding on the smart contracts, a problem that Ethereum has faced occasionally from bad contract code being exploited.  Like the modularity in the consensus mechanisms too.

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August 30, 2017, 08:16:53 PM
 #8

What is the current supply/max supply of this coin? It looks interesting, but I want to estimate the marketcap to determine its current value.

from Whitepaper:

"Achain's token is called ACC with an initial circulation of 1 billion. To maintain Achain
and reward block-producing node, the initial production of ACC is limited to less than 5% per
year with a year-by-year decreasing in reward for block proportion over time and increase in
anti-attack ability of Achain distributed network."

***they changed the name of the token to ACT*


ICO details from their website:

"ACT ICO Subscription Rules

1. ICO Sale Time: At 20:00 on July 7, 2017, and ICO will stop immediately if any one of the following conditions has been reached.

* The subscription has reached 3000BTC or equivalent ETH

* ICO has reached the deadline 20:00 on July 21, 2017:00

2. Exchange Rate:

* The first week after 20:00 on July 7, 2017, 1BTC=100000ACT,1ETH=10638 ACT   ***Based on July 7th ETH/BTC open price this = ~$.02***

* The second week after 20:00 on July 14, 2017, 1BTC=95000ACT,1ETH=10106 ACT

3. Each person is limited to purchase 10BTC or 94ETH.

4. After the end of subscription, the approval stage will start, and the amount of successful subscriptions or refund situations will be announced within 72 hours."

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