Refine Medium ICO Announcement

Published in

RefineUpdate

4 min readApr 9, 2019

At Refine Medium, we have worked hard for the past half a year to get to the stage where we are now and we’re looking forward to proceed our work to make a truly decentralized video platform for the use of the masses. We have worked strictly according to our Roadmap till date and plan on following it till the end. We have started to build the community. The website, whitepaper is online, we would go Live with our MVP before our TokenSale begins. The framework design is solid and complete for the MVP in regards to all the technical aspects and we are excited to build, test and improve the platform moving forward. We’ve created an exciting ecosystem where the XRM token will be used to reward the community for their contribution and activities on our DAPP. Every day we come up with new possible use cases for the XRM token to expand the utility of it and make it more useful for it holder’s and HODLer’s

That’s why we’re proud to announce the ICO for the Refine Medium (XRM)

token.

About Refine Medium;

https://youtu.be/H8ltGTAs-_I

Refine Medium is a decentralised media platform rendering authentic and high quality video content. It is built upon Ethereum technology designed to enable viewers, creators and innovators of the platform to connect via blockchain based smart contracts. A one-of-its-kind platform that will incentivise each and every stakeholder for their contribution to the platform.

Refine Medium is a one-of-its-kind platform that will incorporate complete transparency, upright compensation for its creators at the same time rewarding users to review videos, no geographical barriers, easily discoverable and accessible content, consequential reduction in content piracy and notably low subscription fees for its users. The Refine token is a cryptographic asset that will be vended in the nascent stages of the Refine Medium maturation journey. The token will be snapped up by those who desire to demarcate their stake in the Refine Medium ecosystem and have a stern belief in the decentralized future of the blockchain based- online video industry. Refine Medium aims to transform the existing centralized industry through path-breaking technologies and make the segment more transparent, secure, decentralized and creator-user-friendly, thus, revolutionizing the social experience of its consumers.

Refine Medium is introducing an exclusively customized token to promote all the transactions and economy on the Refine Medium platform. Refine Medium tokens are intended to serve as a native payment system for the network and reward all the relevant parties for producing, distributing and promoting quality video content.

A token sale is an innovative fundraising mechanism based on blockchain technology. Our token sale and the corresponding token creation process will be governed by Refine Medium Ltd. For maximum lipidity and participant safeguarding, the sale will be regulated by a Smart Contract employed on the Ethereum Blockchain. During the token sale, Refine Medium tokens will be exchanged for Ether (ETH) contributions, at a pre-fixed conversion rate. In order to procure Refine Medium tokens, contributors will have to remit Ether to the official Refine Medium token sale Smart Contract address. Refine Medium tokens will be spontaneously remitted to the contributors’ wallet address as soon as the transaction is confirmed. However, Refine Medium tokens will not be tradeable until the token sale has terminated and the tokens are active.

Dates for the Upcoming events;

Bounty: 21st May’19 to 5th November’19
ICO Phase 1: Private Sale: 25th May’19 to 15th June’19
Whitelist (for PreSale): 10th May’19 to 10th June’19
ICO Phase 2: Pre Sale: 25th June’19 to 15th July’19
ICO Phase 3: ICO: 19th October’19 to 20th November’19.

Affiliate Program and Collaboration;

We are having an affiliate program to help grow our community and reward them with XRM tokens for their continuous support. To go through with our affiliate program XRM Bounty Program we have partnered with BOUNTYHIVE.io, who will be holding our affiliate program.

**Refine Medium Bounty Program is Live on bountyhive.io**

ICO Details;

Early Adopter Bonus:
We will be holding PreSale Whitelist and ICO Whitelist to reward the early adopters. There are different bonus for the investors who whitelist themselves during this period.