[ANN][IND][Closed] Indicium - Index Funds on a Blockchain Agnostic Protocol

[Indicium]

We are pleased to announce that Indicium has received over $150,000 at current rates.  We have begun the process of waitlisting pledges and will continue to do so until pledging closes on Wed, May 24th at 23:59 UTC.  As a reminder, prices will be chosen using financial instruments such that direct price manipulation will be avoided as much as possible.  As such, the final price may deviate from naive 'last price' mechanisms.  If the final price is such that the current bids exceed $250,000, the multisig will return the funds of the most recent blockchain transactions first.  If the final price is such that current bids fall short of $250,000, we will prompt the waitlisted users to send their funds such that we attain funding as close to our limit as possible.  These users will have one week to send funds and secure their bid.

Please DO NOT send additional funds to our multisig addresses until prompted after Series A closes.

[1498189797]

1498189797

[Sentinelrv]

Nagalim has released a great Medium article on Indexing Cryptocurrencies.

[Indicium]

At current cryptocurrency rates, Indicium has received pledges and bids amounting to $205,000 (including wait listed pledges) with a wait list of 11 pledges so far. With 10 days to go before Series A closes, it is likely that we will be able to fill all requests, so please feel free to continue pledging.

To submit a pledge and be placed on the waitlist, send a private message to the Indicium account containing a cryptocurrency amount to be pledged (minimum 0.4 BTC and/or 500 PPC), and a Peercoin address that you own the private key to.

[Indicium]

There are ~2 days left in Series A funding. At current cryptocurrency prices we are still under our $250,000 funding limit, including the wait listed pledges. If you do not have a wait list position number, you are not on the wait list. Please feel free to continue pledging via private message up until Series A closes on May 24 at 23:59 UTC. Pledgers will be given one week to fulfill their bid on the relevant block chain after Series A closes. This will be made clear in individual private messages to the relevant parties.

[Indicium]

Series A has now closed. Prices were chosen using a 24-hour moving average on btc-e.com at 00:00 UTC on May 25th, 2017.

Bitcoin Price: $2341
Peercoin Price: $2.110

Using these prices, Indicium has been pledged over the $250,000 funding limit. As such, we are currently processing the wait list up to Position 10. All participants in Series A should have received a private message from the Indicium account.

Total Pledged Funds: $279,449

If bidders wish to calculate their approximate IND owed, please us the following formula, where I is the number of IND owed, P is the number of Peercoin that was bid, and B is the number of Bitcoin that was bid:
I = ( 2.110 P + 2341 B ) / 5

Thank you to everyone that participated, and to the Peercoin and cryptocurrency community as a whole. We are excited to build this project with you all!

[IntelligentIdiot]

will this project run a bounty campaign? if so i would like to reserve translation to Filipino and/or Esperanto languages.
thanks and good luck with this project

[Indicium]

Thank you for your offer, but we are not looking for translators at this time.

[Indicium]

Indicium has concluded the collection of Series A funding with a maximum of $250,000. This is a great success! We will move forward with the creation of a minimum viable product and establishment of the distributed autonomous company. While it is not possible to be certain about the individuality of the Series A participants, we believe that over 30 unique IND token holders were created in this Series A round of funding.