MADANA ICO (PAX)

Blockchain based data analysis platform

MADANA is the first ever ICO to be launched on Lisk's blockchain. MADANA is a blockchain based data analysis platform. MADANA enables users to control the privacy of their data, while monetizing it anonymously. MADANA offers GDPR compliant means for processing of data, opening the door to a novel business model for future services and apps.

Start Date

01 Sep, 2018

End Date

30 Nov, 2118

MADANA Score Analysis

Madana aims to renew faith in data collection by creating a private, regulated data collection platform. There aren’t many decentralized data marketplaces in the crypto ecosystem so far. However, specific competitors were not explored in the whitepaper. The CEO, CTO, COO are experienced, but the CEO’s and CTO’s previous experience could not be verified. Furthermore, there is no dedicated development team. Madana is aiming to develop a prototype project (utilising their platform) beginning Q1 2019. The lack of development team could affect the product’s realizability. The head of marketing is experienced, whilst marketing efforts have been average and response has been quite low. Another thing to consider is that all partnerships presented on their website could not be verified with evidence.

MADANA Use of Token

PAX is MADANA's native token. PAX is issued on Lisk's blockchain. 55 million PAX tokens are offered for sale via the ICO, which correspond to 55% of the total token supply. PAX tokens will be used for monetization of data. PAX tokens will be used to pay participating data producers as well as plug-in providers.

  • Organization

    MADANA

  • Platform

    Lisk

  • Coin type

    Utility Token

  • Category

    Technology

  • Max cap

    43,508,512

  • Max supply

    100,000,000 PAX

  • Price

    1.17

MADANA Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Pre-Sale
    • 01 September, 2019
    • 31 October, 2019
    • 15,000,000 PAX
    • 0.58
    • Claim
    • Main Sale (TBA)
    • 30,000,000 PAX
    • 1.16
    • Claim

MADANA Distribution

MADANA Use of Proceeds

MADANA Team Members

  • Christian Junger
    Christian Junger CEO & Co-Founder
  • Dieter Schule
    Dieter Schule COO & Co-Founder
  • J.-Fabian Wenisch
    J.-Fabian Wenisch CTO & Co-Founder
  • Julian Schiemann
    Julian Schiemann Head of Marketing
  • Nicolas Pettican
    Nicolas Pettican Head of Development
  • Eugen Salkutzan
    Eugen Salkutzan Community Manager
  • Yan Schreier
    Yan Schreier Strategy & Marketing
  • Stefan Lockowandt
    Stefan Lockowandt Strategy & Organization
  • Martin Picard
    Martin Picard Business Developer
  • Mark Georg
    Mark Georg Business Developer

MADANA Advisors

  • Max Kordek
    Max Kordek Advisor
  • Oliver Grün
    Oliver Grün Advisor
  • Malte Brettel
    Malte Brettel Advisor
  • Marc Reinhardt
    Marc Reinhardt Advisor
  • Hans-Dieter Jostarndt
    Hans-Dieter Jostarndt Advisor

MADANA Past Events

  • 30 June, 2019

    Setup initial team

  • 30 September, 2019

    Angel investment phase

  • 31 December, 2019

    Advisory Board

  • 31 March, 2019

    Relocation to berlin

  • 30 June, 2019

    Legal phase, Team growth

  • 31 December, 2019

    Whitelisting, Pre-sale launch

  • 30 June, 2019

    Pilot project with key partner

  • 31 March, 2019

    Begin market rollout