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Authorship a stage towards making this a fantasy a reality. Despite the fact that significantly more should be improved the situation finish decentralization of the web, the fruitful advancement of their site stage will demonstrate the cynics wrong who trust this can’t be accomplished in this present reality.
Moreover, the creation will reclassify the book business. By bringing writers, readers, interpreters and distributors on a similar stage, it will stamp the start of another period where the issues, difficulties, and disadvantages of the conventional book industry will no more be available to make composing and perusing books troublesome.
-What does ATS stand for and what is it?
Authorship Token. The ATS, an ERC-20 token based on the Ethereum technology, is a unit of exchange on a new Blockchain based book publishing system. Authors, publishers and translators are rewarded with ATS tokens in exchange to book sales, while readers are able to spend ATS tokens in order to purchase books. The tokens will be exchangeable to/from real money both directly on the Authorship platform (deposit/withdraw area) and through several cryptocurrency exchange platforms who are going to list the ATS tokens.
While we can only speculate about the future value of ATS tokens, 500%-1000% is usually a common among successful ICOs.
-What crypto-currencies are accepted in the crowdsale?
We accept Ethereum (ETH).
On a case-by-case basis we can also accept Credit Card / Wire payments. Please contact us for this payment methods.
-What amount is being raised? What is the cap of tokens?
We are targeting a minimum raise of $500,000 and a maximum of $15 million, with a fixed total supply cap of 100 million Authorship tokens. There will be no follow-on offering.
-What is the price of ATS?
1 ETH = 2000 ATS (minimum)
The exact price of 1 ATS will be determined after the sale ends. The price will be determined based on the amount raised divided by 100 Million tokens. The minimum price an investor can receive is 2000 ATS tokens for 1 ETH.
-Which wallets are compatible?
The address accepts deposits from ERC-20 compatible wallets. The tokens will be sent to the wallet address the deposits were made from. DO NOT deposit directly from an exchange.
At the end of the crowdsale, we will be distributing the ATS tokens to all investors.
-How will tokens be distributed?
20% of the tokens (20 Million) will be reserved to be distributed as a marketing budget towards the first 100,000 authors who will be using the Authorship platform. They will be distributed on a monthly schedule , within 24 months, based on the platform’s growth rate.
80% of the tokens (80 Million) will be distributed to investors through the crowdsale.
In order to prevent any potential conflict of interests, no tokens will be distributed to the Authorship development team.
The ATS tokens will be distributed to investors within 1 week after the crowdsale ends.
-What is the ATS tokens contract address?
Please DO NOT sent ETH to the address below. This is the tokens address, not the address where you must make the deposit.
Please watch the contract below in your Ethereum wallet in order to be able to see your tokens.
The ATS token contract address is : “0x2dAEE1AA61D60A252DC80564499A69802853583A”
Token Symbol: ATS
Token Name: Authorship Token
Token decimals: 4
For interested investors and complete transparency, here is the source code of the contract.
Source: http://authorship.com/contribute/
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