Professional ICO Analytics
Professional ICO Analytics

Forest Foundation (FRST)

Main information

Official site: 

https://forest.io

Bounty: 

Pre ICO date: 

N/A

ICO date: 

Status: 

Weighted Average Rating: 

70.41

Project area: 

Others

Product: 

Forest Foundation is introducing an ecosystem that issues private carbon offset tokens that are backed by real forests.

MVP: 

Country: 

British Virgin Islands

KYC Verification: 

Where can be used: 

Consumers who want to save the planet can buy FRST to offset their emissions.

Rating agencies: 

ICOmarks4.9/10

Blockchain information

Token type: 

​ERC20

Platform type: 

Ethereum

People

Team: 

NamePrevious companiesLinks
Vitally MarinchenkoTyperium, Upwork, RealTract
Valentina NikolicAction Coin, MediaLink, Human Proof Designs
Jonathan WallaceUS Army, Peakridge Partners, Wolfram
Nikhil SethiWolfram, Tokeneo, ArtPro Platform Ltd
Youngshil YoonTransPerfect, Upwork, Vanan Online Services Inc
Enes PlojovicUpwork

Advisors: 

NamePrevious companiesLinks
Daniel Hammer National Geographic, The Earth Genome, University of California, Berkeley
John PalmisanoeTrios Commodities LLC
Alexander PfeifferMcKinsey & Company, Young European Leadership (YEL), Smith School of Enterprise and the Environment
Brian CondenanzaCarlife, Alchemy Coin, Blinked
Yaroslav BelkinBelkin Marketing, PRESALE.MARKET :TOKEN, Utopian Capital
Nikolay ZvezdinEnvinary Group, Bravia Capital, Grant Thornton International Ltd
Dennis OostingSerendipity Blockchain Solutions, Albert Heijn, Bither Foundation

Partners: 

N/A

Financial details

Total token vol: 

4000000000

Token in ICO: 

55

PreICO value: 

N/A

ICO value: 

1 ETH = 30,000 FRST

Token Distribution: 

  • Token Sale : 55%
  • Founding Team : 20%
  • Pre-sale ​8 : 10%
  • Advisory Board : 5%
  • Bounty Program : 2%

Fund usage: 

  • Purchase of Forests : 70%
  • Founding Team ​5 : 15%
  • Legal Costs : 5%
  • Bounty Campaigns : 3%
  • IT Infrastructure : 3%

Competitors: 

    Hardcap: 

    20000000 USD

    Softcap: 

    5000000 USD

    Attracted: 

    -1

    Attracted %: 

    Road map

    What is done: 

    March 2018 FreedomDEX; Launch of FreedomDEX trading platform; Listing sell and buy orders for more than 30 most popular ERC-20 tokens. June 2018 Forest location; Locating of first forests to buy. July 2018 ICO preparation; ICO preparation & Press Tour. September 2018 Starting with Product Development; Starting with Product Development, and expansion of team.

    What is planned: 

    December 2018 IFO Initial Forest Offering. January 2019 FreedomDEX Trading; First trading of FRST tokens on FreedomDEX. February 2019 Satelite implementation; Implement satellite monitoring of forests. Aggregate forest holding exceed 1000 hectares;  First purchase of FRST token by a major emitter. March 2019 Exchanges Listing FRST Token on exchanges. June 2019 Network Global rollout of FRST network. October 2019 Proof-of-Forest Proof-of-Forest Blockchain usage announcement. December 2019 Partnership Partnership with the United Nations and a major industrialized country.

    Road map progress: 

    40%