CycloShield (CYS) - ICO Fail or Short Lived | Coinopsy
CycloShield (CYS) - Dead Coins

CycloShield (CYS)

CycloShield was founded in 2017, it is not trading on any exchanges. CycloShield was added to the dead coins list due to being ICO Fail or Short Lived. Founder/CEO is Francisco Martin.

Summary

  • Main reasons for dead coin listing ICO Fail or Short Lived.
  • Started 2017, Ended 2018.
  • Social media ended 2018.
  • Trading ticker (CYS).
  • 1,000,000,000 Tokens total.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is down.
  • The Founder/SEO is Francisco Martin.

Further Details

Notes

Failed ICO and Website down.

Links

https://web.archive.org/web/20180622082949/https://www.cycloshieldcoin.com/ https://twitter.com/CycloShield https://www.facebook.com/CycloShieldCoin https://cryptochip.io/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

The TokenICO Characteristics

The ICO will take place on the date to be announced on our web site. It will be carried out by an intermediary that will hold funds in escrow, this way we will be only allowed to obtain the funds if the ICO reaches the minimum of 2000ETH.

This is the bare minimum necessary to fund this new version of CycloShield Nano and to implement the use of the token as explained, there will be a hard cap of 10000ETH.

The ICO will last until reaching this hard cap or exhausting the time limit, whatever happens first. If the minimum goal is not reached on completion on the ICO period, collected funds will be returned to ICO participants bar the cost of the transactions themselves (gas and/or fees).

The crowdsale will be carried out by a trusted platform yet to be announced.

If the minimum goal is not reached upon completion of the ICO period, collected funds will be returned to ICO participants bar the cost of the transactions themselves (gas and/or fees)

Intended Revenue UseICO Characteristics

Out of the totality of collected funds, CycloShield LTD will use them in the following fashion, naturally there could be changes during the course of the project as the business world is a dynamic environment and we would have to make new strategic decisions.

The distribution will be the same irrespective of what amount is collected on the ICO, always subject to having met the minimum of 2000ETH.

Token allocationICO Characteristics

1x10^9 tokens (1 billion) will be created on completing the ICO. These will be distributed as the graph.

The Reward Pool will play an important part in our vision, being used partly for marketing purposes such as rewarding users for their actions.

The tokens in our possession will be safely stored in a multi-sig wallet and with the majority of them in cold storage, keeping them safe from theft that could cause panic selloffs or a hacker getting hold of them and dumping the market at once.

We also commit to not sell them in any harmful way to its market value.

Value propositionToken buyers

 

Investors in this token will also find that there is a commercial incentive for partners and advertisers in buying CYS. Advertisement is a huge market, targeting the right customers is not only hard, it is expensive. By providing a platform used by cyclists, companies will find it easy to tap into this customer base. However, there is more. They will obtain a better value for money when they pay in CYS to place ads on our app and website.

We believe this will be enough incentive for buying CYS, we will also provide them with guidance of where and how to buy them on our own Online Token Store or recommended exchanges.

  • The app will show highly targeted non-invasive ads, advertisers will be able to feature their ads by paying using CYS.
  • We will work towards making commercial agreements with other brands so that CYS can obtain discounts and other perks when paying with the token.
  • We will do everything in our power to get this token listed on the main exchanges.

Online Token StoreCorporate users

 

Part of our business model is selling Ads on our App. Advertisers will want to reach our high purchasing power audience and we offer then an attractive platform for which they'll have to pay using CYS.

However, Cryptocurrencies are not always easy to use for the less tech-savvy or they have to go through many hoops to acquire them. We acknowledge this fact and have devised a way to reduce friction and bring more Corporate users on board: a Online Token Store to our CYS token.

Any Advertiser will be able to buy our tokens paying with a credit card and get them loaded into their account. With instructions easy to follow, they will get a Web3 wallet, such as MetaMask, up and running in a matter of minutes.

 

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