Gramarye Media Lumiere Token ICO: Legit Crypto Asset Security System?
Gramarye Media is the first major studio to be funded by a cryptocurrency offer through an SEC compliant ICO. It uses blockchain utility tokens to provide rewards and incentives to users on the platform. Besides production, the platform will also own distribution channels in order to capture the entire value chain.
The Lumiere (LUM) token are the platform’s native currency built on the Ethereum platform. The token’s presale commenced in June 2018 at a 30% discount and they are expected to be delivered by August along with Wallet instructions.
Gramarye focuses on a core idea and develops content around it across the different media channels so as to create multiple avenues for revenue.
Users will be able to vote on distribution of profits earned by the platform based on the proportion of tokens owned. Each smart contract developed on the platform will be audited for transparency.