Witnet Price (WIT)

ICO Details:

TOTAL Amount: 1 070 000 USDT

Price: 0.00428

Date: March 24, 2018

Total Issued: 250 000 000 WIT

No more than 2,500,000,000 wit tokens (wits) will ever exist.

70% will be mined by witness nodes through block rewards that will decrease over time.

30% will be minted in the early stage block (first block in the chain). These will be assigned as follows:

• 20% to Witnet Foundation for development, research and engineering grants, community building and marketing actions; as well as rewarding previous Stampery investors*.
• 10% to Republic investors (max. $1.07M) and a separate private sale limited to accredited investors (max. $28.93M).

The Witnet protocol connects smart contracts to any online data source. Sports results, stock prices, weather forecasts or even other blockchains.

The protocol works thanks to a distributed network of mining nodes—called witnesses—who earn Wit tokens as a reward for retrieving web data and reporting it directly to the smart contracts.

Witnet(WIT) token pre-sale platform

• Republic: republic.com