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Loomia - Due diligence #29
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Loomia (TILE)
Team
Company
LOOMIA TECHNOLOGIES, INC
File Number: 5471686
Incorporation Date / Formation Date: 27 Jan 2014
Entity Kind: Corporation
Entity Type: General
Residency: Domestic
State: DELAWARE
Smart contract
Github
Product
Product not connect to blockchain, the tile platform.
Vesting
Additional info
Public sale cancelled and replaced with Airdrop
Token distribution
50% in connection with initial token sale
15% to presale, including purchasers of SAFTs
15% to development team
10% to brand partners
5% to advisors
5%, after a one-year lock-up, to third parties, as determined by LOOMIA, to grow and expand the utilization of TILE Tokens
Token allocation
Allocation of Funds:
Uses (4 year summary)
Personnel/OPS: 4,660,000
Marketing, Advertising, Promotional: 2,000,000
TILE Development: 2,180,000
LEL Development: 2,420,000
Software Development: 2,320,000
Contractors: 2,580,000
Legal: 1,700,000
Testing/Certifications: 2,000,000
Raw Materials/MFG: 3,800,000
TOTAL: 23,660,000
Q&A
Flags
Real Team:✅ ✅ ❌ Product not connected to blockchain, the tile platform.❌ - 12 month Vesting schedule for Team and Advisors which won't be coded in the smart contract. Half of Tokens available the date of the TGE.✅
GitHub:
Smart Contract: (N/A yet)
Working Product:
+2 yr Vesting for team:
Have a company:
Transparent: -
IcoCheck
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