MATE by Augmate

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The Raise Total

$64MM

Price Per Token

$0.015

Raise Start

-

Minimum Investment

$0
Augmate’s current vision is to create a single management and provisioning system for IoT environments using our Augmate Connect platform coupled with distributed ledger protocols

Terms

Fundraise Information

Total Raise $64,000,000 USD
Soft Cap $5,000,000 USD
Raise Status Open since 2017-12-15T00:00:00Z
Minimum Investment $0 USD
Accepted Investors -
Security Type Other
Exemptions -
Instrument SAFT

Token Information

Price Per (MATE) $0.015
Token Issuance Platform -
Token Protocol Other
Token Issuance Info Our tokens will vest late summer of 2019. In order to be compliant with SEC guidelines, there will be a one-year lock up for our MATE tokens. Team members and founders will have a 3 year, even vesting schedule
Payment Options
  • ETH
  • USD

Token Rights

MATEs will be used for rewards such as customer loyalty bonuses or aggregated, anonymized data access as well as for discounted coupon purchases and multi-year contracts.

About

Overview

Total MATE Tokens Created: 50 Billion 30% will be sold in the Crowdsale 35% will be held as future rewards for users of the platform 15% to be used for the MATE Foundation to Encourage usage of the platform and manage the rewards tokens 15% for Founders and Team Members with a 3 year, even vesting schedule 5% for Early Advisors and Service Providers

Highlights

TBD

Team

Pete Wassell

CEO & Founder

Dave Evans

CTO

Dana Farbo

COO

Eddie Quiroz

CIO

Thomas Miller

CXO (Chief Experience Officer) & CMO

Peter Orban

CCO

Advisors

Gregory Rocco

Investor Strategy & Communications

Clive Wang

CEO of digitlens

Ed Maguire

Insights Partner at Momenta Partners

Cristina Dolan

Founder and CEO, InsureX

Margaux Avedisan

Bitcoin entrepreneur

Joseph Daniels

Partner, Co-Chair—Venture Capital and Emerging Companies Group at McCarter & English, LLP

Use of Funds

Operations

20%

Marketing2

20%

Contingency & Flex

10%

Engineering

30%

R&D

20%

Documents