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    CryptoPotato score

    unrated

    Reserve

    Reserve is a stable, global currency (a stablecoin) and a digital payment system for people and businesses in countries with high inflation. Reserve makes it cost-effective to send money across borders. This enables people to send money home to their families, and businesses to pay international suppliers in a stable currency.
    Reserve enables people and businesses in countries with high inflation to protect their money by moving it out of broken currencies into a stable digital currency.
    1) The centralized phase — where Reserve is backed by US dollars, which are held by a trust company. 2) The decentralized phase — where Reserve is backed by a changing basket of assets in a decentralized way, but still stabilized in price with respect to the US dollar. 3) The independent phase — where Reserve is no longer pegged to the US dollar, with the intent of stabilizing its real purchasing power regardless of fluctuations in the value of the dollar.

    IEO Ended

    22 May 2019

    Total Hardcap
    $9,956,800

    Token: RSR

    Finite token number: 100,000,000,000 RSR

    Token Allocation: Foundation：58.6% Strategic Partners：5.0% Team and Advisors：20.0% Current Project Funding：16.4% (3% will be sold through Prime)

    Status: Whitepaper Ready

    Accepted Currencies: HT

    Huobi Global IEO
    No lock-up/Vesting

    Date: May 22: 12 PM (UTC) - 12:19:29 PM (UTC)

    3% of Total Token Supply: 3,000,000,000 RSR
    First Price Limit Round: 12:00 - 12:09, 20% (600 M RSR)
    Second Price Limit Round: 12:10 - 1:19, 80% (2.4 B RSR)

    Individual cap is proportional to lowest daily HT holdings over 7 days period before launch date

    Seed Round
    Vest over 6 months after main net launch, which is expected in 2020

    12.39% of Total Token Supply: 12.39 B RSR ($4.956 M USD)
    Price: 1 RSR = $0.0004 USD

    Private Sale
    Shortest release is 25% unlocked, 75% vest over three months, some tokens release more slowly

    1% of Total Token Supply: 1 B RSR ($5 M USD)
    Price: 1 RSR = $0.0050 USD

    Community

    Twitter

    Telegram

    Project Links

    Website
    Facebook
    Youtube

    More Resources

    Huobi Announcement
    Reserve Blog

    Team Members

    Reserve Team Member

    Nevin Freeman

    CO-FOUNDER AND CEO

    Reserve Team Member

    Matt Elder

    CO-FOUNDER AND CTO

    Reserve Team Member

    Robb Henshaw

    ADVISOR

    Reserve Team Member

    Jeremy Schlatter

    TECH LEAD

    Reserve Team Member

    Daniel Colson

    LEAD PROTOCOL DESIGNER

    Advisory Board

    Reserve Team Member

    Garett Jones

    Advisor

    Reserve Team Member
    Former Sec Commissioner

    Paul Atkins

    Advisor

    Reserve Team Member

    Santiago Siri

    Advisor

    Reserve Team Member

    Ben Verschuere

    Advisor

    Reserve Team Member

    Gary Basin

    Advisor

    Investors

    Coinbase LogoCryptoLotus LogoDistributedGlobal logopreangel logoBlocktower logoneo global capitalRocketFuel LogoVelorum Capital LogoGSR logoArrington logodigital-currency-group-type-3-6Struck Capital LogoFenbushi Cap logo

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