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Scruge (PreICO)

Next-Generation Crowdfunding Platform

Scruge is a DAO for tokenised crowdfunding. Using a decentralised stable cryptocurrency and governance by prediction markets, we bring a transparent and decentralised mechanism for conducting crowd sales.

3.0
2 1 expert rating
Benchy 3.0
KYC
Experts
3.0
3.0
3.0
Review: coming soon PRO
10 days 13 hours left
2019-04-01 - 2019-05-30
Starts in 104 days 13 hours
2019-09-01 - 2019-10-31
Token
BIDL
Type
PreICO Price
1 BIDL = 0.006 USD
Price
1 BIDL = 0.012 USD
Bounty
MVP/Prototype
Platform
EOS
Accepting
EOS
Minimum investment
10 USD
Soft cap
120,000 USD
Hard cap
240,000 USD
Country
Whitelist/KYC
KYC
Restricted areas
USA
Visit ICO website
Report
Changelly

About Scruge

How Scruge works?

1. Before the campaign, founders publish a roadmap, describing timeline and share of overall funding they require at each stage.
2. After the finish of a successful campaign, raised money gets locked in stable cryptocurrency in smart contract on the blockchain
3. When the deadline for milestone approaches, founders present evidence and report on their progress
4. Funders vote whether to release next portion of funds
5. If the majority of investors vote to release funds, then funds are released, and the project continues. If the majority votes no, then unspent money stored in smart contract get returned to funders.
6. Repeat steps 3-5 until all milestones have passed, or money has been returned at some point.

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ICO KYC Report
Not conducted yet
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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