ASURA Ico Info

in #blockchain6 years ago

Asura World is a self-sustainable eSports platform, which focuses on the community ecosystem as a whole.

The Asura World platform can be broken down into four corners:

*eSports Betting

*Professional guides

*Community matchmaking & tournament hosting

*Forum and discussion.

Fueling Asura World is the ASA Coin, an NEP-5 token which provides a range of functions and utility across the platform.

This will be used as a Coin for payments, bets and stakes, and to incentivize the sharing of quality content, professional guides, forum contributions and more. Asura World will provide both free-to-use and paid content.

The platform will also offer multiple avenues for members to earn tokens, by hosting tournaments and/or contributing content which provides value to the community.

The Asura World team is creating the ASA Coin, an NEP-5 token for use on our Asura World platform, powered by NEO.

The creation of the ASA Coin is the first step towards the Asura World platform being powered by the NEO blockchain.

It will apply a single universal utility token to all aspects of participation on the Asura World platform, including betting.

NEO blockchain technology will allow for quicker transactions and greater scalability than is currently possible with similar blockchains.

A total of 1 billion ASA Coins will ever be created.

To achieve the development goals set by the Asura World team, we intend to allocate these 1 billion coins as follows:

Presale – 30% of ASA Coins (300,000,000) will be available for purchase during the presale.

Crowdsale - 35% of ASA Coins (350,000,000) will be available for purchase during the crowdsale.

Growth & Betting Reserve - 25% of ASA Coins (250,000,000) will be for the referral programand to leverage strategic partnerships with key companies to grow the Asura World network.

The Asura World team will seek to run contests with prizes awarded in Asura Coins.

Team - 10% of ASA Coins (100,000,000) will be allocated to the Asura World core team and advisors, to align the team with project delivery.

Unsold Tokens and Team Vesting Coins allocated to the core team will be locked for the first 12 months, and then distributed across a 24 month period.

25% of this core team allocation will be released after 12 months, followed by a subsequent 12.5% every quarter until all coins have been released.

Coins allocated to the advisors will be locked for 12 months and released completely at the end of this period.

All funds contributed in the presale and crowdsale will be used solely for the development, promotion, and growth of the Asura World platform.

*60% Development - This portion will be allocated directly to development work on the Asura World platform.This includes hiring and growing the development team to accelerate development to a level which can meet or exceed the roadmap goals.

*25% Marketing - The marketing budget allows for the digital marketing team to deliver sponsorships, promotional events, tournaments, partnerships, and social media advertising to scale the platform user base.

*10% Legal - Asura World will obtain the appropriate legal advice to ensure that we are consistently operating in accordance with the laws and regulations of all jurisdictions in which we conduct business.

*5% Security - We will be taking all necessary steps to ensure that optimal security standards are followed.

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https://asuracoin.io/whitepaper.pdf

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