Completed
Concept,Applications
6.7/10
Intelligent Rating
5.7/10
Ended-Jun 11, 2018 Rating-6.4/10
ShoCoin(SHO) is a unit of cryptocurrency for peer-to-peer exchange of value within the ShoCard IM Platform. ShoCoins(SHO) can be purchased or sold on the Stellar exchange and other supporting exchanges that list cryptocurrencies. ShoCard’s patented Identity Management platform is intended to be easy to use and to remove friction and cost for both users and service providers.
Basic Details- | Financials- |
Name of ICO | ShoCoin | Token– | SHO |
WEBSITE | shocoin.io | presale- | |
Field of work | Payment,Identity | Mainsale- | Completed |
country | | softcap | 10,000,000 USD |
Pre-sale - | Completed | hardcap | 20,000,000 USD |
Start-end | 2018-02-12 - 2018-05-28 | Total /max | 1,000,000,000 SHO |
Sale start | May 28, 2018 | Price usd- | 1 SHO = 0.11 USD |
Sale ends | June 11, 2018 | Curr Accepted | ETH |
Platform | Stellar | Eth=/eth | |
Type | | Btc=/btc | |
Algorithm used | | Min buy | |
Blockchain used | Yes | Bonuses | |
Nosale country | USA | |
Social details - ![](http://icomuch.com/re.png) | Whitepaper Download Link : English Chinese
Onepager Download Link
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Competition already existing - NYA |
Uniqueness than competitors - Security, Ease of use |
Unique selling point if any - Privacy, Partners – PWC, King&Spalding, Customers – Bank Aljazira, Emirates etc. |
Detailed intro of ICO
ShoCoin is a unit of cryptocurrency for peer-to-peer exchange of value within the ShoCard IM Platform. ShoCoins can be purchased or sold on the Stellar exchange and other supporting exchanges that list cryptocurrencies.
ShoCard’s patented Identity Management platform is intended to be easy to use and to remove friction and cost for both users and service providers. This creates economic incentives for using the product. Furthermore, different service providers can use this platform to allow a user to exchange information beyond their simple identity – things such as a credit report that is certified by a credit reporting agency. Exchange of such information requires further compensation between service providers requiring it. Even the user can be given an incentive for utilizing it. ShoCoin is token used for such an exchange to expand and ease the sharing and validating such information and to create proper micro-compensation for each transaction. The ShoCoin token exchange allows service providers to trade and monetize their identity services (e.g. a certified user credit score with a lender or leasing office). These tokens are also used to offer incentives to users for using their digital identity and to compensate ShoCard for its services.
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Incorporated ShoCard and formally started the company
- Built 1st version of Mobile Blockchain ShoCard & presented at TechCrunch Disrupt.
- Filed 1st provisional patent
- Raised $1.5M seed round from Morado Ventures,AME Cloud Ventures, DCG & Enspire Capital.
- Hired initial team.
Signed up SITA as first public client
- Began growing number of B2C clients in US and internationally.
- Clients in financial sector and air travel
Began development of enterprise IdP using SAML & OpenID Connect
Raised $4M in Series A from prior investors & Storm Ventures, Correlation Ventures, UMC and Danhua Capital
Received 1st patent with priority May 2015 date
Launch ShoBadge – Enterprise Identity Solution
Completed initial implementation of ShoCoin into the ShoCard Platform
- Introduce complete KYC solution via ShoCard.
- Received 2nd patent with priority May 2015 date.
Begin pre-sale of ShoCoin to institutional investors
Announce new client engagements and partnerships
Commercialize ShoCoins into the identity management economy at growing scale
- Begin integration of ShoCoin into client solutions.
- ICO.
Commercialize ShoCoins into the identity management economy at growing scale
Aggressively grow client base and user growth
Team |
![](https://max.icomuch.com/data/0/s/Shocoin/armin.png)
Armin Ebrahimi
FOUNDER AND CEO | ![](https://max.icomuch.com/data/0/s/Shocoin/ali.png)
Ali Nazem
VP, BUSINESS DEVELOPMENT | ![](https://max.icomuch.com/data/0/s/Shocoin/gaurav.png)
Gaurav Khot
CHIEF TECHNOLOGIST |
![](https://max.icomuch.com/data/0/s/Shocoin/kons.png)
Konstantin Richter
ICO PROJECT LEAD AND TOKEN STRATEGIST |