SPON Coin Values SPON
Instant Sponsor (IS) has built an integrated solution to seamlessly connect sponsors and the rights holders via a blockchain-powered peer-to-peer (P2P) trading platform. Instant Sponsor aggregates and tokenizes global sponsorship inventory available for sale by the rights holders ranging from teams/athletes to festivals and community events. Sponsorship tokenization creates efficiency, provides access and opens a currently existing sponsorship ecosystem to global players. The platform serves as a one-stop-shop for sponsors to browse and buy global sponsorship opportunities transacting securely under one payment system free of currency exchange rate volatility and bank transaction fees and, as a result, maximizing every dollar spent. The Instant Sponsor proprietary AI-powered algorithm effectively matches a sponsor’s target demographic with the demographics of the rights holder’s audience, enabling to achieve an outsized ROI.
The SPON token is an Ethereum-based (ERC20) cryptocurrency. It will allow the members to access the platform available goods and services.
Team:
Instant Sponsor Token ICO will begin on January 14, 2019. The ICO token supply represents 63% of the total token supply, so there is a total of 400,909,090 SPON tokens available, for 1 USD each. The ICO funding target is 3,000,000 USD, the funding cap is 35,000,000 USD and is expected to end on February 28, 2019 or when the funding cap is reached.
Token Reserve Split (37%):
