Image Alt Text

AngelBlock (THOL)

AngelBlock is a DeFi, protocol-based fundraising platform at its core, that is decentralized and non-custodial. Table of ContentWhat is AngelBlockDetailsLegalToken info What is AngelBlock AngelBlock is a DeFi, protocol-based fundraising platform at its core, that is decentralized and non-custodial. Our underlying smart contract infrastructure is built on Ethereum, with the short term objective of building […]

Visit Website

AngelBlock is a DeFi, protocol-based fundraising platform at its core, that is decentralized and non-custodial.

What is AngelBlock

AngelBlock is a DeFi, protocol-based fundraising platform at its core, that is decentralized and non-custodial. Our underlying smart contract infrastructure is built on Ethereum, with the short term objective of building out on other EVM compatible protocols to facilitate a multi-chain world of fundraising for the next phase of growth in Web 3.0.

Our goal

Apart from democratizing fundraising in Web 3.0, our goal is to create a compliant industry standard for token-based raises going forward, that is geographically-agnostic, safer, and more transparent than what is currently available on the market.

How do we plan to achieve this?

  • Implementing MiCa / EU regulatory guidelines into the AngelBlock protocol procedures in the short-run, validated through a due diligence process and having investors go through KYC (above a specific capital threshold). We have longer term plans to do the same in the US if, and when, the regulatory environment allows for it.
  • Incorporating milestone-based voting by investors post-raise to establish guidelines for startups on the required deliverables to receive funding and the terms of the raise.
  • Plugging in reporting tools (ie Messari or similar) to enable timely financial reporting to startups and investors – the accuracy of data will be the startup’s responsibility.
  • Decentralization of the protocol by incentivizing validators through our token economics to do due diligence on startups and ensure governance proceeds accordingly.
  • Leveraged community building for us and startups we will be listing, ranging from DAO formations to tool and infrastructure accessibility.
  • Allowing founders and crypto projects access to our on-chain vesting, cap table management, and token distribution tools, making the process safer, more transparent, as well as efficient (approx. 20% of tokens from sales are sent to a wrong address or in the wrong amount).

Details

Public sales: Feb 15, 2023 – Feb 16, 2023
Token supply: 400,000,000 THOL
Total tokens for sale: 140,310,000 THOL
Soft cap: 1,400,000 USD
Hard cap: 10,100,000 USD
Raised: 4,200,000 USD

Legal

Registration year: 2021

Token info

Ticker: THOL
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 THOL = 0.1 USD
Accepted currencies: BTC, ETH, USDT, USDC, AZERO
Token distribution:
Private Sale – 29%
Treasury – 32%
Team – 15%
DEX Liquidity Pool – 14%
Advisors – 1%
Partners – 2%
NFT Airdrop – 0.5%
Staking Rewards – 6%
Funds allocation:
Development & Security – 38.0%
Marketing Business Development – 15.0%
Reverse & Overhead – 10.0%
Operations & Management – 17.0%
Treasury – 20.0%

ICO Main Sale

Information

Restrictions

Subscribe Our Newsletter