Ever since the world has been introduced to Initial Coin Offerings, thousands of people have made made investments in startups and a great deal of money out of it too. And now i’m gonna introducing to you guys a promising ICO. That’s is Grabity
In Short, Grabity is an open Blockchain venture, for the change of the Internet worldview from concentrated system to a circulated system. Current equipment execution has enhanced radically, sufficiently even for cell phones to have preferred execution over past servers. Regardless, it doesn’t utilize 100% of storage room or processing power. Anyone can share PC assets through authoritatively had inactive gadgets, for example, cell phones, tablets, and PCs, and clients can get compensates as much as they give assets, and DApp designers can utilize the common PC assets to work administrations at a lower cost. Exactly when the Grabity venture achieves the commercialization arrange, anyone will have the ability to make the usage of dispersed center points to switch the Internet worldview.
Grabity decentralized main network was powered by ORBITS NETWORKthat describes P2P networks that are truly distributed by utilizing all idle computer resources that are wirelessly connected.
Transactions from Orbits Network are managed efficiently through the use of Genesis Hoisting technology, which can process transactions simultaneously and quickly.
In addition, Smart Contracts and resource files can be stored in separate sections to each of them using distributed storage technology and Defrag technology.
Function that can remember each part and execute in streaming format.
Network layer: P2P-based overlay network. Verify and then spread transactions between nodes through layers.
The principle is to use the most basic network bandwidth.
Data Layer: Blockchain data structure and physical storage space.
Including Merkle Tree, Hash Function, Data Block, digital sign and others that store blocks and DApp files that contain transaction history.
Agreement Layer: Nodes that generate transactions directly verify transactions themselves, and transactions that have been verified by most of the closest nodes are generated as blocks.
This is distributed to other nodes, and if a node is set to be a malicious attack, the transaction details are initialized and synchronized with the details of the verified transaction.
Application Layer: Provide an application interface on the Blockchain. Smart contracts, virtual machines, DApp, etc. Included and connected directly between data users.
Layers of Management: Toolkits and SDKs are provided to form ecosystem development and place 3rd Parties.
The Grabity Ecosystem consists of nodes, communities, DApp, and platforms, and each institution contributes to the ecosystem based on economic tokens.
We present the token economy and various requirements for the ecosystem to function and develop as follows.
The initial 10,000,000,000 GBT for the development and operation of the project were removed from the Ethereum network.
The ERC20-based GBT will be replaced with GBT-based Network Orbits after the main net launch.
In addition, since the main network, GBT was issued in addition to considering inflation rates for the purpose of compensating computer resource providers.
The inflation rate can be flexible, but it will be determined in a way that does not exceed 5% to protect token holders and ecosystem participants.
Incentives enter the GBT ecosystem
Consumer computer resources can use the Orbits Network using GBT for less than the cost of building or maintaining an existing server, and computer resource providers can obtain GBT by providing Orbits Networks with idle resources or extra devices from their own devices.
Total number of tokens: 10,000,000,000
Token total sales: 7,000,000,000 GBT
Percentage of sales Tokens from total Tokens: 70%
Hard stamp: 30,000,000 USD
Soft cap: 10,000,000 USD
Pre-Sales Tokens: 20%
Token Sale Rate: 30%
- 2018 Q4
- Smart Deploying contract
- ERC20-based Token problem
- GBT Pre-Sale
- 2019 Q1
- Network Layer Development
- (P2P based overlay network)
- Planet Wallet Launches
- GBT Public Sales
- 2019 Q2
- Consensus Layer Development Layer Q2
- 2019 Q3
- Testnet Launches
- Toolkit Development & Development Developer
- Blok Explorer
- 2019 Q4
- Development of the Application Layer Q4
- Development of Management Layer Q1
- 2020 Q2
- Orbits Network Launches
- GBT-based DEX, Launch DApp Store
For more information about Grabity, check out their social media accounts below.
Bitcointalk Username: Kingsraid
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1936096
ETH Address: 0x2611c981AdAb7109E26D0C1798e7B7F20764d5A3