Nuco Cloud Soft Cap Secured
1.8mln Euro deal signed with Globiance
Malta based crypto exchange Globiance and Iron Eagle Capital GmbH have signed an IEO token sale agreement.
Globiance has purchased NCDT tokens in the value of €1,800,000.
With this deal Iron Eagle Capital GmbH has secured the soft cap of nuco.cloud and also it’s development.
„We are happy to inform our customers and supporters that after many months of hard work, lots of trips and sleepless nights, we have finally reached our ICO/IEO soft cap. This deal allows us to proceed with the further development. Our Team is already working on nuco.cloud and we will soon announce more details” – Tobias Adler, CEO of Iron Eagle Capital GmbH.
Nuco.cloud is a sharing economy platform for network computing based on BOINC – Berkeley Open Infrastructure for Network Computing.
It is the first ever blockchain project to receive a grant from the German Federal Ministry of Economics –https://www.bmwi.de/Redaktion/DE/INVEST-DB/iron-eagle-capital-gmbh.html
The platform allows users to monetize unused computing power of smartphones, computers and servers through the nuco.client app.
The system combines computing power of providers into a decentralized “supercomputer” and sells it to the clients using the nuco.cloud blockchain for instant payment.
The system will work on “pay on demand” which means no contracts and no subscriptions. Payments will be automatically charged from the client´s wallet and then instantly distributed to the contributing providers of computing power.
Customers will only pay for what they request which means estimated cost can be reduced by more than 75% compared to the top market players like Amazon Web Services, Google Cloud Computing and Microsoft Azure.
In order to develop the platform, nuco.cloud has issued NCDT (NuCo Development Tokens) based on ERC-20 standard (with a current supply of 8,901,775 tokens, excluding the tokens purchased by Globiance). Once the platform is fully developed, NCDT tokens will be swapped to NUCO tokens which will become the payment unit for the nuco.cloud to purchase computing power using the nuco.cloud blockchain.
All Nuco.cloud tokens are classified as the utility tokens and will be exchangeable to other cryptocurrencies and FIAT via third party providers e.g. crypto exchanges.
- 23 May 2019 – 31 July 2019: EUR 0.08 per NCDT;
- 1 August 2019 – 30 September 2019: EUR 0.16 per NCDT;
- 1 October 2019 – 31 December 2019: EUR 0.32 per NCDT;
- 1 January 2020 – 31 March 2020: EUR 0.64 per NCDT;
- 1 April 2020 – 30 June 2020: EUR 1.28 per NCDT.
For more information about Globiance please visit https://globiance.com.