The Icarus Project
Update: As of right now, there are more aspects to this project to be revealed. We are very excited to reveal these details! Announcements will be made in the ANN!
So... What's This Project About?
We are a team (2 at the moment) of people dedicated to making a change. We know, we know, you hear that all the time, but hear us out. What we want to do ultimately, is help people, and to elaborate further on this statement, we have a mini-road map of words, just for this PRE-ANN:
Short Term:
We would like to implement an application that does data analysis on coins that either submit to the platform, or coins that the community would like us to research. We want to help existing (and future) investors invest with confidence, both safely and wisely. We hope that these efforts help break the stigma around the crypto-space, and ultimately bring in newcomers, which would in turn help everyone in this space. The more people we can educate and put at ease, the more projects that could really make a difference, will get funded. We believe that all the projects that honestly want to do good and make a difference, should not be overshadowed by those who chose to take advantage of their investors and exit with their money. It's still in the prototype phase, but our ideas for the platform are way beyond that. The platform would not tell you what to invest in, but it would calculate and weigh the risks of investing in that particular project by analyzing social presence, verification of the developers, the idea behind the project, and much more.
TL;DR For Short Term:
-Build a community to educate existing and new investors on safe and wise investing to minimize the risk of investing in potential scams
-Build an application, more than likely web-based then stand-alone not far after, to analyze coins either submitted or chosen by the community
-Hopefully bring new people into the crypto community by breaking some of the stigma surrounding the crypto-space
Long Term:
After we have accomplished getting a lot more people comfortable in the crypto-space, we ultimately would like to expand way past individual basis. We would like to talk to charities and non-profits, in an attempt to intertwine the new, exisitng, and future programs with the blockchain. We believe that blockchain technology could help charities and non-profits help a lot more people at a faster rate, by speeding up how quick the funds get to those areas, and how large of a scale they can reach. We plan on soon applying to make our team an actual business in the physical world, because we feel as being a legitimate business would give us benefits we wouldn't have as a crypto-only project. We have talked about it extensively, and we have agreed that if we ever got to the point where this sustains us enough that we could quit our day jobs, and just help people from our community, and around the world; we would do it in a heartbeat.
TL;DR For Long Term:
-Reach out to new, existing, and future charities and non-profits to aid them in taking their work onto the blockchain
-This would allow faster financial aid, and help far more people
-Possibly become a legitimate business to broaden our horizons on both fronts
We are still in early stages of development, and are trying to raise the funds to hire an excellent blockchain developer who has already given us a look at the contract. At this point in time, our goal is to raise the money to bring him onto the team, as well as many, many other developments in this project. That being said, all of the following specifications are what our team would like to have, but they are not set in stone. If anyone from the community has ideas to improve any of the following information we provide, please do not hesitate to reply with your opinion/recommendation! We encourage community input, as we hope to have large community input along the way. We are barely 2 weeks old as a project, but we have an abundance of ideas that could be unique and different than what you're use to seeing in the crypto-space.
Masternode pre-sale will be announced in the discord very soon. We will also update this post when we announce it.
Specifications:
Name:
Icarus
Ticker:
ICRS
Algorithm:
Quark
Max Supply:
40,000,000
Locked Supply:
800,000 (2%)
Masternode/POS Percentage
70/30 Intially (This will work out to be %30 / %70 on higher blocks;Explained below in the Block Reward Structure)
Masternode Collateral:
10,000
Block Time:
60 Seconds
Block Reward Structure:
Block 1-200: Pre-mine consisting of the 2% locked supply. (Pre-mine funds will be broken down in the next section)
Block 201-15,000: 10 [MN=7] [POS=3]
Block 15,001- 30,000: 15 [MN=10.5] [POS=4.5]
Block 30,001- 45,000: 20 [MN=14] [POS=6]
Block 45,001- 60,000: 25 [MN=17.5][POS=7.5]
Block 60,001- 100,000: 30 [MN=21] [POS=9]
Block 100,001- 130,000: 25 [MN=15] [POS=10] 60/40
Block 130,001- 160,000: 20 [MN=10][POS=10] 50/50
Block 160,001-190,000: 15 [MN=6][POS=9] 40/ 60
Block 190,001- X: 10 [MN=3][POS=7] 30/70
Where is the 2% locked supply going?
The locked supply will be spent on airdrops and bounties as such:
Social Media Marketing (including Twitter bounties, Instagram bounties, etc.): 40,000 (This will be for retweet bounties, shoutouts on instagram, etc.)
Translation Bounties: 15,000
Discord Invite Bounties: 30,000 (500 will be rewarded to the top inviter each time a discord invite bounty is hosted)
Discord Games (More info on this coming soon): 15,000 (50 per game for winner)
Sub-Community Bounties (More info on this coming soon): 20,000
Professional Logo and Assets: Best Logo will be awarded 5000 (must include multiple sizes for discord, twitter, instagram, and Facebook profile and banners , wallets, etc.)
Masternode Guide: 400
High Definition Youtube Video(at least 720p): Best video will be rewarded 1000
Undecided as of yet: 676,600
Dear Community; Have an idea for a bounty? Let us know below! We might just do it.
All bounties will be paid out as soon as our chain goes live!
Any wallets used by the team will be made public, with a way for the community too track the funds going in and out of these wallets.
This is a pre-caution we have taken to avoid confusion on whether the funds are being used for whats intended.
Also to put the community at ease, if the Emergency funds are needed, we will take a poll from the community on whats the most important issue to address first.
No funds will be moved without community approval, unless we are paying out bounties.
Translation Bounties (350 each):
Spanish
Russian pending verification
French
Chinese
Japanese
Italian
German
Somali
Polish
Korean
Greek
Swedish
Irish
Navajo
Hawaiian
Portuguese
Dutch
Danish
Turkish
Norwegian
Vietnamese
Romanian
Czech
Hindi
Indonesian
Ukrainian
(If there is anymore languages, please reserve them in the comments. All translations are subject to vetting by one of the members on the team. Languages will be stricken-through as they are reserved.)
*Note: All bounties will be paid as soon as the chain is up and running. We will update our discord and this post as soon as this happens
Twitter
Instagram
Discord
Telegram
Website
If you want us on any other platforms, let us know, and we will create an account there. We understand that not everybody has Discord, Twitter, Instagram, etc.Donations are not expected but are greatly appreciated, as funding is the only thing holding us back at the moment. We are working tirelessly day and night too come up with funding, and we will continue to do so until this project is up and doing great. We appreciate each and every single current and future member in our community. Have a wonderful day!
-The Icarus Team