Paragon Coin

Paragon Coin is a new cryptocurrency venture and launching via an Initial Coin Offering (ICO). Paragon Coin and most cryptocurrency start-ups raise capital through an initial coin offering, or I.C.O., a type of fund-raising campaign in which investors buy receive virtual “tokens” using Bitcoin, Ethereum or another cryptocurrency. Paragon Coin and other cryptocurrency start-ups are generally unregulated, used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists. Why buy Paragon Coin? In Paragon Coin ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project which potentially reaping massive rewards.

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Paragon CoinToken/Coin ID: PRG
Platform: Ethereum
Accepting: USD
Business Category: Platform
Launch Date: 2017-09-15 – End Date: 2017-10-15
Website: https://paragoncoin.com/en

Paragon Coin Related Links: Paragon Coin Facebook | Paragon Coin Twitter | Paragon Coin Whitepaper

Paragon Coin Market Cap

About Paragon Coin

Token Crowdsale Project Details

Total token supply: 200,000,000

100,000,000 token for Stage 1 Token Crowdsale 50%

The initial token price will be set at $1 when it goes on sale on September 15. During the first 5 hours of the Token Crowdsale we will offer an early bird 5% discount, price will remain at $1 for the remaining of the first 24 hours and will increase $0.05 each 24 hours for 30 days or until all tokens sold.

50,000,000 tokens reserved for Stage 2 Token Crowdsale 25%

Stage 2 will happen no sooner than 2021, and all tokens will be sold at market price, not at a fixed $1 USD value.

The remaining 50,000,000 PRG will be held in reserve as follows (important note: all percentage below will be adjusted in accordance with actual amount raised, e.g. if we sell 70M of 100M tokens, the following numbers will be multiplied by 0.7):

Paragon Reserve Fund 40,000,000 PRG
Community Controlled Reserve 10,000,000 PRG

The Paragon Reserve Fund operates as part of our business model, ensuring a stable token with a bright future. It is in our best interests to ensure that the PRG purchasing power grows over time and market manipulation is avoided.

TOTAL ALLOCATION

FOUNDERS – 10MM**
TEAM – 5.7MM**
INSTITUTIONAL INVESTORS – 2MM
RESERVED FOR INSTITUTIONAL INVESTORS – 3.8MM
FRIENDS AND FAMILY INVESTORS – 5MM**
BOUNTY – 350K
ADVISORS – 1.95MM**
STAGE 1 PRESALE – 5MM
STAGE 2 PRESALE – 10MM
STAGE 3 PRESALE – 25MM
EARLY INVESTORS – 1.2MM

** – Prohibited from liquidating PRG at a rate of more than 20% of their position within the first calendar year

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