Pre-Announcing the AERGO Public Token Distribution Event

Granting our community US$3,000,000 to accelerate development of the AERGO ecosystem

Phil Zamani
Aug 28, 2018 · 6 min read
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Future Vision

AERGO envisions a world where radically reshaped trust dynamics create new socioeconomic networks and digitally transform existing ones. Since 2014, we’ve had a first-hand look at how powerful even minimally distributed systems — those based on permissioned blockchain setups — truly are.

We envision a world where radically reshaped trust dynamics create new, open socioeconomic networks; and digitally transform existing ones.

Most of the team behind AERGO comes from Blocko, South Korea’s largest blockchain infrastructure provider. Blocko has developed tailor-made permissioned blockchain products for large enterprises such as Samsung, Hyundai, Kia Motors; and some of South Korea’s largest financial services companies such as Shinhan Bank and Lotte Card.

  • the best of open-source,
  • the best of permissioned and permissionless blockchain networks,
  • the best of trustless environments

The endorsement of AERGO’s vision was amazing. The feedback we’ve received is also now very clear.

What these companies would like to see happen next is the following:

  1. They would like to understand better how the AERGO Platform could help them to build these new future business models and decentralized economies.
  2. They would like to see a new class of enterprise-focused applications and modeled use-cases so that the implied benefits to them are proven.
  3. They would like to see how impactful these distributed networks can become.

Private Token Sale Summary

The AERGO project is a serious project — created by not only one the most capable teams of blockchain and open-source developers — but it now also has serious long-term strategic backers behind it. We will always be truthful to our cause — our customers — and our stakeholders.

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Summary of the planned token distribution
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Summary of the private token sale raise

Investing in our stakeholders

As stated earlier, our future customers and their key technology providers have made it very clear what they want from us. To this effect, we are planning to announce a number of initiatives in the coming months to directly invest in the various communities that underpin all our key stakeholder groups:

  1. Geographic enablers (regional business partners)
  2. Open-source developer community (developers)
  3. Technology providers (blockchain hosts and cloud/telco providers)
  4. Platform users (dApp providers, Blocko’ customers, and partners)

Public Token Distribution Event

Most public token distribution events work as crowdsales. We’ve considered the idea of selling AERGO utility tokens to our general community in this way, though we feel doing this is perhaps not the best way forward for our project.

Introducing RewardDrop

  1. A general public incentive program to reward our most supportive community contributors.
  2. An ecosystem incubation program to attract at least 50 regional business partners — enablers — from around the world.

What’s next?

Very shortly, we’re going to announce more regarding the following:

  • Regional participation exemptions
  • Detailed terms and conditions for the RewardDrop campaign
  • Details on the programs

Aergo blog

Enterprise-ready, open-source hybrid blockchain and…

Phil Zamani

Written by

Chairman and CEO of the AERGO Foundation, CEO of the board at Blocko Inc.

Aergo blog

Enterprise-ready, open-source hybrid blockchain and easy-to-use serverless cloud platform for building practical decentralized apps and business solutions.

Phil Zamani

Written by

Chairman and CEO of the AERGO Foundation, CEO of the board at Blocko Inc.

Aergo blog

Enterprise-ready, open-source hybrid blockchain and easy-to-use serverless cloud platform for building practical decentralized apps and business solutions.

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