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Description

Description


The Acumen Network is the world’s first global decentralised patent ecosystem. The Acumen platform aims to technology simplifies the process of submitting patents. Patents will be stored on
the blockchain, making them immutable and secure. Licensing patents will be done through
smart contracts, ensuring that all parties meet the agreed upon terms.

Full Name Acumen (AMT)
Start Date N/A
Algorithm N/A
Proof Type N/A
Website https://acumen.network/index.html
Twitter https://twitter.com/AcumenNetwork/
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


The AMT will be token will used to interact with the ecosystem. AMT holders will also receive 20%
of the Acumen Network’s revenue, to be paid out yearly. This rewards are original supporters
for helping us setup the world’s global patent system. They aim to make money by charging 0.5% to 2% fee of the cost of every patent.


Acumen plans to expand the network with the following strategy:

  • Build a strong community on our test net
  • License the technology to countries
  • Reform judicial systems to allow for
    community consensus in patent trials

Team:

  • Emre Cakir: Founder
  • Mihir Dutta: Founder 

Reserve Token Distribution:

  • 43% Retained by the Acumen network
  • 20% Allocated for test net bounties
  • 5% Allocated for founders
  • 2% Pre-Sale

Budget:

  • 40% Operational
  • 30%Core Developement
  • 20%Legal and Compliance
  • 10% marketing and Sales

 

ICO Status Ongoing
Token Supply N/A
Start Date 2017-10-20
End Date 2017-11-20
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.06
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/acumen-network
White Paper https://acumen.network/Whitepaper-English.pdf
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