Avalon ICO

Avalon (AVA) is a premier members-only platform, and the first GPO (group purchasing organization) that represents the cryptocurrency consumer-base and its purchasing power. The Avalon Platform will allow members to realize discounts on goods and services they purchase, as well as the opportunity to earn tokens by participating in promotions, scanning proof of purchases, playing games, utilizing p2p smart contracts and so much more, all housed under one exclusive roof. This platform is exclusive to cryptocurrency users.

Avalon
ICO Status: Finished


https://avalon.nu/
ICO: Avalon – the Initial Coin Offering
3.6 (72%) 5 votes


Concept:

Once gaining access, members will be able to login to our decentralized platform, access a giant list of goods and services that are discounted exclusively to Avalon members.
In addition, members will be able to use AVA tokens to gain early access to Avalon, unlock "deeper" discounts, as well as various other methods of interacting with the Avalon ecosystem.
Members who choose to interact futher can take advantage of various methods of earning tokens inside Avalon such as; taking surveys for tokens, watching advertisements for tokens and shopping at selective stores to receive token-cash-back.

By leveraging the accumulative purchasing power of those supporting the Avalon Network (membership base), Avalon will negotiate and advocate on member's behalves to secure exclusive discounts on goods and services, as well as become an advocacy group for cryptocurrency.
Using own people, own data and the ability to connect members of the many cryptocurrency communities into one powerful location, Avalon will allow cryptocurrency and its users to increase its utility without requiring vendors to change their infrastructure.

Whitepaper:
Get more information
Venture

Raised Capital:
Avalon has raised over $25,000 privately to assist with early startup costs; like website, cinematic videos, advertising and partnership forming. Our full crowdfund raising will be held on August 25th.

Venture Round:
Round 1 Venture Round

Price
$1.10 per AVA in Ether
ICO token Distribution:
Escrow and distribution of AVA will be via smart contract and hosted by the firm Tokenlot LLC (Tokenlot.com)
Mining

Bancor
Supply:
The total supply of AVA is fixed (no more will be created) at 10,000,000 and 8,700,000 will be available during the crowdfund on August 25th
Usage:
1. Obtaining AVA tokens is the only way to gain early access to the Avalon platform (Alpha and Beta).
2. After beta, during the official launch, AVA tokens can be used to pay annual fees at a significant discount - as opposed to paying one's membership dues in other cryptocurrencies
3. AVA is an ERC20 token
4. Smart contract to distribute AVA
5. Escrow services secured
6. AVA tokens can be earned and spent inside the Avalon ecosystem.

Competitors

ICO-Competitors
What makes Avalon different from other currencies is as follows:

While there may not be any direct, specific competition to a cryptocurrency specific affinity/discount group, Avalon is eyeballing the market share of "AAA" in the U.S. as well as "ARC Europe" in Europe and Canada.
The data shows that AAA and ARC Europe are tailored at capturing the older market share while showing a distinct lack of technical implementation to their business.
AAA has a median age of 54 and markets heavily towards home owners, older people and specifically Americans. (http://www.aaapublishingnetwork.com/files/ST_Demographics.pdf)

Avalon, will look to widen the entire market share by focusing heavily on the younger demographic that uses cryptocurrency, as well as look to educate non-cryptocurrency users and lead them to their first purchase with their newly used technology (the Avalon membership dues).
In addition, many of the current AAA/ARC Europe users who are in the younger age group tend to have been gifted their membership early in life and have continued to renew their membership due to lack of competition;
Avalon will look to syphon many of these younger users into a benefits platform tailored to their interests.
Initial Coin Offering

Initial Coin Offering Bancor
ICO Launch:
25.08.2017

ICO Finish:
15.09.2017

ICO Tradable on Exchanges since:
still not tradable

Platform: Ethereum
Offices/Locations

Offices and Locations of RootProject
Avalon address:
Avalon Fintech LLC is a registered business in Tampa, Florida. Avalon have founding members located in Australia and France.

Team behind Avalon

Jean-Paul Vasilières

Jean-Paul Vasilières

Co-founder, Lead Developer and Ethereum Architect

JP will bring his passion about the implementation of innovative solutions and prioritizing product quality for Avalon. As our Lead Developer JP brings a level of excellence rivaled by few. Prior to joining the Avalon alliance, JP gained 21 years of project management and software development experience at Infomil, a computing subsidiary of E.Leclerc stores. This company comprises a chain of 650 supermarkets and hypermarkets with a 20% market share of the French retail sector. The company is based in Toulouse, France, and employs 250 people.

Colin Hayes

Colin Hayes

Co-founder and Head Project Manager

Colin brings skills from both the corporate world and the small business world to the Avalon family. More recently, while working for Medline Industries, he was tasked with being the lead analyst of their largest account, with more than 250mm annual spend crossing his desk every year. Colin also is passionate about internet marketing, reputation management and using data to “tell a story”. His primary role will be overseeing day to day operations. In addition, Colin has a functional understanding of C++ and Linux terminal, should the need arise to wear a more technical hat.

JAlex Griffin

Alex Griffin

Co-founder and Head of Design

When it comes to building out projects Alex has seen it all. With experience in other initiatives that require seed funding and the means to launch a project in a relevant ecosystem. Alex had the opportunity to participate in the Homes4Hackers accelerator powered by Google Fiber which has been integral in forming his approach to managing of day-to-day operations. Other experiences include sales for sportsphotos.com, and freelancing his design work to corporations in Chicago. With his experiences he’s gained Alex drives creative strategies, designs, and overseeing of daily project activities.

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