Indicium is a financially driven token-issuance DAC built using PeerAssets, hosted on the Peercoin blockchain. It will form algorithmically chosen indices and baskets of cryptocurrencies and issue assets corresponding to the value of these baskets. Peercoin dividends and voting rights will be given to Indicium (IND) holders as a representation of ownership in the DAC. A federated approach will be taken, where a group of founders or a board of directors will perform managerial duties to facilitate operation. A full business outline can be downloaded here. (333.6 KB) ##Series A Investment Details

Start date: Fri, 14.04.2017 00:01 UTC

End date: Wed, 24.05.2017 23:59 UTC Accepted currencies: PPC and BTC

Funds will be held in multisig reserve until all three founders (Fractals, Nagalim, and Mhps) come to consensus on how funds are to be spent. All of these funds are to be used for realization of the Indicium business proposal and at the discretion of the token holders.

3-of-5 Multisig Participants: @Nagalim, @Mhps, @Peerchemist, @Saeveritt, @Backpacker69 Minimum Series A Funding Goal: $50,000

Maximum Series A Funding Limit: $250,000

The Indicium price will be formed after the conclusion of series A funding based on the submitted bids. If the maximum funding limit is reached no further bids will be accepted (first come, first serve). All series A tokens will be awarded at the same concluding price.

If the minimum goal is not reached all funds submitted in bids will be returned to their sender or the address in the first input to the transaction in question if a sender cannot be identified.

Total Initial Indicium Distribution: 100k Series A: 50k Series B: 40k Founding: 7.5k PA advisors: 1.5k Organizer: 0.5k Reserved: 0.5k

To place a bid in Series A funding please message the @Indicium account on the Peercoin forum (https://talk.peercoin.net) with a cryptocurrency amount to be sent (minimum 0.4 BTC and/or 500 PPC), and a Peercoin address that you own to award the IND to. Currency conversion prices will be chosen at 23:59 UTC on Wed, 24.05.17 when Series A funding closes.

Please wait for confirmation for your bid from the @Indicium account via private message before sending anything to the following multisig addresses:

PPC: pA3NKquAb6c2wPvUGfrJYmP2mZDM7sGmFj

BTC: 38nfHH889UxL1MRBmS8hJh23bbXyNf9Hma

Bids may be rejected at the discretion of the founders or multisig participants.