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Update (7/5/18): “XCLR” token was originally “CLR” token
ICO Alert Quick Facts
- ClearCoin powers the real-time buying and selling of digital media advertisement.
- Starting price $0.01 = 1 token / ending price $0.10 = 1 token
- November 18, 2017 — March 31, 2018
- 800,000,000 total available / 1,000,000,000 total supply
- The team has made millions of dollars of revenue in ad tech with major clients like CocaCola, Exxon Mobile, and McDonalds.
What is ClearCoin?
ClearCoin addresses media and advertising in the trillion dollar cryptocurrency economy. We’re founded by a team of technology veterans that have worked with large scale advertisers and media companies on media buys. Blockchain technology is promising for digital currency as it solves the double spending problem. Blockchain technology will also solve supply chain problems, especially in media and advertising.
— ClearCoin Team
Q&A with ClearCoin Team
ICO Alert: For those who are not familiar with ClearCoin, can you explain what it is and what the team aims to accomplish?
ClearCoin: ClearCoin addresses media and advertising in the trillion dollar cryptocurrency economy. We’re founded by a team of technology veterans that have worked with large scale advertisers and media companies on media buys. Blockchain technology is promising for digital currency as it solves the double spending problem. Blockchain technology will also solve supply chain problems, especially in media and advertising.
ICO Alert: How does the ClearCoin token (XCLR) function within the platform and why is it needed?
ClearCoin: While our token is built on the Ethereum blockchain, our distributed ledger that tracks ad inventory is built on Hyperledger Fabric. XCLR serves to power the distributed ledger technology that tracks ad inventory for quality and fraud. Analytics companies in the digital ad industry have recently exited for sums near $1 billion. Blockchain technology brings a new level of analytics and quality checks to the industry.
ICO Alert: What benefits does your blockchain technology offer to the digital advertisement community?
ClearCoin: It is estimated $16 billion is lost every year on ad fraud. Blockchain technology can reduce or eliminate this number.
ICO Alert: What kind of divestment restrictions do you have for your team?
ClearCoin: Tokens are distributed to the team on platform and there are incentives for team members to maintain their interest in the company.
ICO Alert: What is your strategy to acquire clients and how is it different from your competitors?
ClearCoin: The last company I founded works with 50 of the Fortune 500 on ad buys. Find me a “competitor” who can say the same.
ICO Alert: What does the user base/community look like currently?
ClearCoin: 7,000 users, 3,000 sales, $2 million closed.
ICO Alert: What kind of solutions do you have for early ICO contributors if ETH value continues to rise?
ClearCoin: We accept 60 cryptocurrencies, so we have seen payments in everything from XRP, ETH, BTC, BCH, LTC, and many others.
ICO Alert: How far along is the project today and when can contributors expect to use the platform? What does the roadmap look like for 2018?
ClearCoin: We’re running ad campaigns actively and using Hyperledger to track results and do quality checks. The roadmap is pasted below.
ICO Alert: As a non-ClearCoin question we like to ask for unique predictions for the ICO and cryptocurrency space in the future. Where do you see both in the next 3–5 years?
ClearCoin: The market cap will be north of a trillion dollars.
The main ICO will begin on November 18, 2017 and will end on March 31, 2018. There are a total of 800,000,000 ClearCoin tokens (XCLR) available during the main ICO, representing 80% of the total XCLR supply. There is no hard cap however, they expect to max at $40 million for this period.
$0.016 = 1 XCLR token (timestamp)
ClearCoin accepts 60 cryptocurrencies as payment for XCLR tokens. PayPal is also accepted within CoinPayments to accommodate fiat currencies.
ClearCoin is an ERC-20 token, so it’s important that contributors use ERC-20 compatible wallets to send funds to the ICO smart contract, and to receive the XCLR tokens.
Token Distribution Information
There are a total 1,000,000,000 CRL tokens being created, with 800,000,000 available during main ICO.
Contributors will have their tokens distributed shortly after the end of the ICO. Visit the ClearCoin website for more information and the contribution address.
Use of ICO Proceeds
View Jay Singh's profile on LinkedIn, the world's largest professional community. Jay has 6 jobs listed on their…www.linkedin.com
Jay has spent 14 years in technology. His ad tech companies have produced millions of dollars of revenue. Jay has closed millions of dollars of venture capital with well-known Silicon Valley investors. He has worked with brands like Pepsi and Coca-Cola on their digital advertising. Jay founded the company ViralGains in 2012, which has closed $30 million of venture capital with dozens of Fortune 500 customers. He founded the company Viral Media Solutions in 2008, which advertised for brands like Coca-Cola and Procter & Gamble. Jay’s history of starting valuable advertising technology companies has exposed him to all aspects of the business: engineering, product, operations, finance, sales, and marketing. Jay has managed teams as large as 25 people. Jay is an alumni of the major global technology accelerators MassChallenge and 500 Startups. Jay studied business and marketing at Suffolk University and the University of Massachusetts Amherst. Jay is based in Burbank, California.
View Tammy Leigh Kahn's profile on LinkedIn, the world's largest professional community. Tammy has 12 jobs listed on…www.linkedin.com
Tammy works with ClearCoin on product development, market strategy, and streamlining operations. Tammy has spent a total of 15 years in digital marketing, e-commerce, and business development including leadership roles in both agencies and technology companies. Tammy is also the Vice President of Market Development & Agency Relations at G2 Crowd, a B2B marketing platform backed by $45 million of venture capital. She is formerly the founder and CEO of MarketMeSuite, one of the first social media marketing management platforms. Tammy founded MarketMeSuite in 2009 and closed $2.6 million of investment capital while building a user base of 80,000 businesses. Her company was acquired in 2014 by Vivial to integrate with their local online marketing software platform. Tammy is currently an advisor to MASS Exchange, a media trading technology company working on the $140 billion television advertising market.
View David M. Garrity, CFA'S profile on LinkedIn, the world's largest professional community. David M. has 5 jobs…www.linkedin.com
David Garrity has over 25 years of experience in the financial services industry. He has held senior roles, including CFO and board of director positions for both publicly held and private companies, and has extensive experience in several disciplines including operating, advisory and research, and is CEO of New York City based consulting firm, GVA Research. He currently serves as Independent Director on the Board of BTCS Inc., a publicly-held U.S. company involved with digital assets and blockchain technology development and application. During 2008 and 2009, David served as CFO and Board Director at Interclick, Inc., a behavioral targeting Internet advertising network. From 2007 to 2011, Interclick revenues grew organically from $7 million to $150 million (115% compound annual growth), making it one of the fastest growing companies listed on Nasdaq. In December 2011, in an all-cash offer, Yahoo acquired Interclick for $270 million.
View Taylor Short's profile on LinkedIn, the world's largest professional community. Taylor has 2 jobs listed on their…www.linkedin.com
Taylor has been an engineer and user experience designer for six years. He’s built products that incorporate modern artificial intelligence, 3D data mining, and remote digital employees. Taylor works with back-end technologies like Tensorflow, Jupyter, Flask, Nodejs, NPM, and Matlibplot. He works with front-end technologies like Sketch, Reactjs, Typecript, Sass, Nuclide, Relay, and D3. In 2013, Taylor started Soulbot Automation Agency, a technology business that creates Remote Digital Employees (RDEs) for companies seeking to create automation in their business. In recent years, Taylor has written code for blockchain and smart contract technologies. Elliot is one of the top UX writers on the publishing platform Medium. He has published articles under the name Elliot Soren on topics like “A Beginners Guide to Making Yourself Artificially Intelligent” and “The Evolution Process From A Junior Level Designer to Becoming a Design Lead.”
View Yura Monchak's professional profile on LinkedIn. LinkedIn is the world's largest business network, helping…www.linkedin.com
Yura has been a software development and IT integration specialist for 13 years. He’s an early developer of blockchain technology, including Solidity and web3.js. Yura has experience as a solution architect, backend developer, and network engineer. He’s been an engineer for Android and iOS projects including a mobile ad tech project. Yura has programming experience with SQL, MySQL, NoSQL (Mongo & Redis), C, PHP, Perl, Shell, Python, Ruby and others. He has a depth of experience in billing systems, VoIP, Networking, VPNs, and security. Yura has expertise in building scaled systems and administration of servers and databases. He studied applied physics at the Kyiv National Taras Shevchenko University.
View Matthew May's profile on LinkedIn, the world's largest professional community. Matthew has 10 jobs listed on their…www.linkedin.com
Matthew works with ClearCoin on its financial, tax, audit, and growth strategies. He works in a similar capacity with Storj, an ICO that raised over $30 million. Matthew’s company Acuity is a leader for cryptocurrency and blockchain powered companies. He has dealt with the financial complexities that arise from companies dealing with both cryptocurrencies and fiat currencies. Matthew is experienced with the latest strategies and regulations for companies that deal with cryptocurrency. He has spent 20 years with different accounting firms, including Ernst & Young and PricewaterhouseCoopers. Matthew has experience in a wide range of financial services including tax, bookkeeping, audit, consulting, transaction advisory, and more.