Space.Cloud.Unit: Distribution to seed investors has begun

SCU GmbH has started as planned with the distribution of the SCU tokens for the seed investors of the Space.Cloud.Unit. A total of 13 million of the 150 million SCU tokens generated as part of the Token Generation Event (TGE) in the summer of 2017 will be distributed gradually.

Düsseldorf, 04/24/2019 - By the end of 2017, numerous seed investors had supported the trend-setting "Space.Cloud.Unit" project by purchasing SCU tokens. Since this happened at a time when the Bitcoin price was at a record level, there were one million SCU tokens for a Bitcoin. In the meantime, SCU GmbH has started distributing the SCU tokens as planned. The 13 million tokens - which had been reserved for the seed investment - are deposited in trust on the block chain and issued to the seed investors on a monthly basis; the process will then be completed on schedule after 25 months.

What is the Space.Cloud.Unit (SCU)?

With the world's first cloud comparison portal, users can compile their cloud according to their own wishes and needs. At the heart of SCU is a virtual marketplace that brings together cloud storage providers and cloud storage seekers. The blockchain project is being developed by File Sync&Share specialist dal33t GmbH, who has also supplied the proven PowerFolder for more than ten years. SCU was financed by a multi-stage ICO, an "Initial Coin Offering", in which self-generated tokens - the "SCU tokens" - were offered for sale.

Work on SCU continues

The main sale of the Space.Cloud.Unit was completed at the beginning of the year. Now the work on the Space.Cloud.Unit under the leadership of PowerFolder continues. The focus is currently on further improving the existing SCU prototype, and a pilot is to be completed in the course of the year. Additional developers, but also general supporters of the project and cloud providers will therefore continue to be sought; further private investors are also welcome at any time. Interested parties can either contact the Space.Cloud.Unit via the contact form (https://space-cloud-unit.io/de/kontakt/) or by e-mail (mail@space-cloud-unit.io).

About PowerFolder

The German company dal33t GmbH, based in Düsseldorf, Germany, has been successfully developing and marketing file sync and share solutions under the brand name PowerFolder since 2007. Its offer includes both public and integrated private cloud solutions (EFSS) as individualized, on-premises services. More than three and a half million users worldwide, most of the German universities and thousands of companies use PowerFolder. With the PowerFolder app, users can access and share their files from anywhere in the world, even on the go. Security takes absolute priority: the data is always encrypted and stored on servers in Germany in compliance with the European Data Protection Ordinance (EU-GDPR). PowerFolder has the backing of the German Federal Ministry of Economics and carries the seal "IT Security Made in Germany".

Press contact:

Matthias Steinwachs
+49 2132 9792298
steinwachs(at)powerfolder.com
www.powerfolder.com
dal33t GmbH / PowerFolder
Emanuel-Leutze-Str.11
40547 Düsseldorf

This release was published on openPR.