RUNEURO Neurorevolution: ICO will start 17-02-17 - Economic model and development plan

in #ico8 years ago (edited)

Here comes an economic model outline and the development plan from one of the most ambitious and promising projects of the year. The team made of high level specialists, professors and blockchain developers, five projects that will be launched one by one judging from the funds raised on ICO and a different mindset focused on the future.
This is reflective neuronet. This is RUNEURO.

ECONOMIC MODEL

 1. The RUNEURO Neuronet users can distribute 100 neurocredits (NCR) monthly to rate each other's proposals and opinions in messaging apps.

2. Neurocredit (NCR) value is determined by the market value of a special exchange unit - RUN token - and is ensured by 100 billion neurons possessed by every member (the members’ neuroactivity is considered to be the greatest value; therefore it is knit to NCRs). The overall neuropotential, the combination of all users’ neuroactivity, build Neuronet Intelligence (NI). Initially the RUN exchange rate is determined by the funds raised during the ICO. Thereafter the RUN exchange rate depends on the market and is supported by RUNDAO Foundation that manages 50% from the overall token supply.

3. Every user can withdraw the fiat currency equivalent to the gathered neuropower (NPW) paid in RUN tokens that is calculated by Runeurobot monthly. The bot uses AI algorithms to sum the neurocredits (NCR) collected from the other users in compliance with their neuropower (NPW).
4. The basic service plan is free. Users can also choose any of the two premium service plans: club plan ($1,5/month) and team plan ($15/month). The users neuropower (NPW) and therefore, his author and curation rewards, and the rewards of those users they upvote, depend on the service plan.

5. The data on the transactions is fixed and stored in the neuronet blockchain. The payouts are conducted by RUNDAO Foundation via WAVES platform. Allocations to RUNDAO Foundation during withdrawals are set at 10%; 5% of these are sent for extra RUN buyout at current market price, and the other 5% are allocated according to DAO concept (every RUN tokens holder can vote for the decisions on using the development funds).   


Faithfully yours,
RUNEURO team member,
designer and editor,
Anastasia (Stacy Fox)

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