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Celsius Network (CEL) Rank 2123
$0.081186
Celsius Network (CEL) Rank 2123
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0 CEL

Celsius Network (CEL)
Celsius Network (CEL)
CEL

Celsius Network (CEL) Price
$0.08

Celsius Network (CEL) 24h Vol
$65,135

Celsius Network (CEL) Market Cap
$0

Celsius Network (CEL) Circulating
0

Full Name
Celsius Network (CEL)
Symbol
CEL
Algorithm
ETH Token
BTC Price
0.00001093 BTC
BTC Market
0 BTC
BTC 24h Vol
9 BTC
Total Coins Mined
0 CEL
1h
2.42 %
24h
19.98 %
7d
50.79 %

Charts



Description

Description


 Celsius Network is an Ethereum-based value-driven lending and borrowing platform. The Celsius Wallet was designed to allow members to use coins as collateral to get a loan in dollars, and in the future, to lend their crypto to earn interest on deposited coins.

CEL is an ERC20 utility token that powers Celsius Network's credit ecosystem. CEL's utilities include the ability to become a member of the Celsius platform and community, the ability to deposit your cryptocurrencies in the Celsius wallet, the ability to apply for dollar loans with cryptocurrencies as collateral, and the ability to pay interest on these loans at a discount.

Full Name Celsius Network (CEL)
Start Date 2018-11-04
Algorithm ETH Token
Proof Type N/A
Website https://celsius.network
Twitter @CelsiusNetwork
Facebook https://www.facebook.com/CelsiusNetwork/
Reddit https://www.reddit.com/r/CelsiusNetwork//
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Celsius Network is an Ethereum-based value-driven lending and borrowing platform. The Celsius Wallet was designed to allow members to use coins as collateral to get a loan in dollars, and in the future, to lend their crypto to earn interest on deposited coins.

CEL is an ERC20 utility token that powers Celsius Network's credit ecosystem. CEL's utilities include the ability to become a member of the Celsius platform and community, the ability to deposit your cryptocurrencies in the Celsius wallet, the ability to apply for dollar loans with cryptocurrencies as collateral, and the ability to pay interest on these loans at a discount.

 Team:

  • Alex Mashinsky: CEO.
  • S. Daniel Leon: Founding President & COO.
  • Nuke Goldstein: CTO.
  • Keith Baumwald: CMO.   
  • Ronit Dvir Bacalu: CFO.   

Celsius Network will be holding its ICO on March 15th, 2018. The ICO token supply represents 50% of the total token supply, so there will be a total of 325,000,000 tokens available, for 0.30 USD each at the offering. The ICO funding target is 15,000,000 USD, the funding cap is 50,000,000 USD and is expected to end on March 22nd, 2018 or when the funding cap is reached.

Token Reserve Split (50%):

  • 27% Treasury;
  • 19% Team;
  • 2% Partners;
  • 2% Advisors.

Celsius Network ICO campaign will feature Bonus, and the token will not be mineable.

Bonus Structure:

  • 40% $0 – $5,000,000;
  • 35% $5,000,000 – $10,000,000;
  • 30% $10,000,000 – $15,000,000;
  • 20% $15,000,000 – $35,000,000.
ICO Status Finished
Token Supply 650000000
Start Date 2018-03-15
End Date 2018-03-22
Fund Raised (BTC) N/A
Fund Raised (USD) 50000000
Start Price (USD) 0.3
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction U.S.A
Legal Advisers N/A
Blog https://celsius.network/blog/
White Paper https://celsius.network/wp-content/uploads/2018/03/celsius_whitepaper-march14-2.pdf
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