SEALCOIN AG Unveils Final Project Timeline, Whitepaper, and Tokenomics Details

SEALCOIN AG, a subsidiary of WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY), has released the final roadmap for its SEALCOIN initiative. The following key achievements and upcoming milestones have been announced:

• Proof of Concept successfully completed on July 25, 2024, confirming the platform’s capacity to facilitate secure IoT transactions.

• $2 million pre-seed funding secured in mid-2024, establishing a strong foundation for further development.

• FINMA application submission is scheduled, ensuring regulatory compliance.

• Platform development kicked off in Q3 2024, using Hedera Hashgraph’s technology for scalability and security.

• Platform production launch and token distribution expected by mid-2025.

• Digital exchange listing projected for Q3 2025, aiming to provide global access and liquidity.

In October 2024, the highly anticipated SEALCOIN whitepaper will be published, offering in-depth insights into the platform’s technical architecture, governance framework, and tokenomics. This comprehensive document will provide transparency about the token’s role in secure and decentralized IoT transactions, utilizing Hedera Hashgraph for optimal performance.

A Beta Version (MVP) of the SEALCOIN platform, along with the token, will be launched on Hedera’s TestNet in Q1 2025, allowing for user testing ahead of the full platform release expected in the summer of 2025. SEALCOIN aims to revolutionize IoT transactions, creating secure, autonomous exchanges between connected devices.

Key Milestones for SEALCOIN:

1. Proof of Concept – Completed July 2024.

2. Pre-Seed Investment – $2 million raised.

3. FINMA Application – Pending submission.

4. Platform Development – Ongoing in Q3 2024.

5. Full Platform Launch & Token Issuance – Expected mid-2025.

6. Exchange Listing – Targeted for Q3 2025.

CEO Carlos Moreira of SEALCOIN AG expressed excitement about the project’s progress: “Our successful Proof of Concept and ongoing platform development have laid a solid foundation. We’re looking forward to sharing our whitepaper, which will provide clarity on our tokenomics and roadmap toward full decentralization.”