Canyudo (CYD) Token Sale & Blockchain Platform

Our Analysis

Team: 6.4

Feasibility: 6.3


Overall Rating: 6.35

Short Description: A distributed social tasking application

Category: Charity

Category: Tokens Cryptocurrency

Ticker: $CYD



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Allows users to create and advertise jobs, tasks, events, items for sale and more

  • Connects users with network of other app users with options to add data files and pay in crypto
  • Combines free advertising platform with secure payment system
  • Smart contract execution fees are donated to user-nominated registered charity

$CYD Token Sale Model and Details

Canyudo uses a two-coin system with primary currency Canyudocoin ($CYD), which is employed for payment processing and fees related to smart contracts. Kudoscoin ($KYD) is created via a burn process that turns $CYD into a fully tracked and traceable coin. Kudoscoin will not be available for trade on exchanges.

  • Network: ETH
  • Max supply: 10,000,000,000
  • Opening price: 1 $CYD=0.10 USD
  • Currencies accepted: ETH, BTC, USD, EUR, GBP
  • Bonus (pre-ICO): 100%
  • Bonus (public ICO)1st Month 60%, 2nd Month 30%, 3rd Month 10%
  • Currencies accepted (public ICO): ETH
  • Target raise: 50,000,000 USD

The token sale runs from 4/7/19 through 7/7/19.

For more information on Canyudo's ($CYD) upcoming token sale, view the company's white paper here. 

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