Hey, does someone know when the ico will be started. I can find this information. Has it been already started? Thanks for your answer.
Private presale and Public sale
It is in the interest of the network to have a broad range of POP Token holders from the beginning. Without this, creating a truly decentralized governance model to run The POP Network is impossible.
Given the intense interest in token events, having a presale of POPs is meant to satisfy initial enthusiasm of larger contributors while reserving tokens for the vast majority of participants that may not meet the requirements needed to participate in the presale.
Launch Sale
Even though countless token events have been executed to date, no clear consensus has emerged on the best method to conduct a sale. The POP Network aims to take the best ideas in practice and unify them around The POP Token event.
After the initial sales period, an open sale of POP Tokens occurs at platform launch. The exact method for this process shall be detailed in community channels well before the go date. If incoming funds exceed a predefined amount during the open sale, then the smart contract conducting the sale triggers its resolution at a specific time. Additionally, a maximum level (“kill cap”) is set at which point the sale immediately ends.
Continuous Token Issuance
After the initial token generation event, it is important for POP Tokens to continually be created with the purpose of sustaining long-term development of The POP Network. Newly minted tokens reinforce The Rewards Pool and provide a powerful incentive mechanism to both new and old users.
Although adding tokens is inflationary, the central function of burning tokens to publish is deflationary. With experimentation, finding the right balance which fosters network growth is achievable.
The best defense against token inflation is running a POP Node. By staking tokens to perform activities on the network such as video encoding, storage, and peer-to-peer streaming, nodes get token rewards for their efforts. This encourages token holders to reinforce The POP Network rather than remain passive.
Timeline (no earlier than dates)Private Presale: May 14, 2018 (50% bonus)
Public Sale: June 18, 2018 (25% bonus)
Launch Sale: July 30, 2018 (10% bonus)
