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Blockpit

ICO Ended
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Tax Reporting and Portfolio Monitor. Blockchain agnostic token (Atomic swaps via Blockpit platform).
Cooperation with KPMG and Austrian Ministry of Finance. Track your portfolio in real-time, get a personalized tax report, set customized alerts and take part in the development of new features.

Many people have been actively trading cryptocurrencies for years and the number of speculators and investors grows bigger every day, as media attention about this topic rises.

With over 50 different exchange platforms based all over the world and more than 1,500 different coins and tokens traded, it can be hard to keep an overview of split up funds. This can be fatal when tax authorities demand an explanation of your sudden income. Especially since every transaction is seen as a taxable event, even between different cryptocurrencies.

Most countries that demand taxes on cryptocurrency income use the FIFO (first-in-first-out) method to calculate the realized profits. However, depending on the country of residence there may be other forms of calculations applicable. With the rising popularity of cryptocurrencies many governments see the need for stronger regulation. At the same time fiscal authorities spend an increasing amount of resources to research the blockchain and track down transaction paths.

The average user might not be aware of the financial fraud he or she is eventually committing, or is simply not able to get a clear documentation of his or her trading history to prove the source of income. To deliver a solution to this problem, Blockpit provides a monitoring platform combining all sources of cryptocurrency income into one complete record. Including but not limited to trading profits, mining income, ICO participation, hardforks, airdrops, master nodes and more.

The process is a one-time setup, where read-only access to exchanges and blockchains is given by the user via API and public keys. Past and future transactions are imported in almost real-time to always keep the documentation up to date. Our licensed tax advisory partners are located in multiple countries and offer their seal of approval to liquidate risk of financial fraud with the click of a button.

Our vision is to offer a standardized, secure, precise and automated tax preparation process and offer an ecosystem for licenced tax advisors to connect to. This will ultimately result in a convenient and legal way to handle cryptocurrency taxes for our users.

6.9
TOTAL SCORE
6.2
ICO PROFILE

(weight: 45%)

6
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
ICO Time: 20 Oct 2018 - 20 Nov 2018
Country: Austria
Token info
Ticker: TAX
Platform: Ethereum
Token Type: ERC20
Financial
ICO Price: 1 TAX = 0.10 EUR
Screenshots taken on 29 May 2020
Florian Wimmer
CEO & Co-founder
Participates in several projects
Mathias Maier
CTO & Co-Founder
Participates in several projects
Lukas Krainz
CMO & Community
Participates in several projects
Gerd Karlhuber
IT Strategist & Co-Founder
Participates in several projects
Patric Stadlbauer
Tax Expert & Co-Founder
Participates in several projects
Benjamin Wendtner
Back-end Developer
Participates in a number of projects
Friedrich Bachinger
Front-End Developer
Participates in several projects
Wolfgang Essl
Full Stack Developer
Participates in several projects
Helena Schrommovà
Market Development
Participates in several projects
Nina Buchgraber
Marketing & PR Manager
Participates in several projects
Dominik Wurm
UI/UX Lead
Participates in several projects
Nicola Filzmoser
Community & Social Media
Participates in several projects

Advisors (6)

Gert Weidinger
Participates in several projects
Michael Petritz
Participates in several projects
Jürgen Höbarth
Participates in several projects
Matthias Tarasiewicz
Participates in several projects
Oliver Stauber
Participates in several projects
Philip Raffling
Participates in several projects
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