GRABITY – ico review
Hello everyone, today I will introduce you to a new project, a project in the field of Internet change in the future, namely GRABITY
To introduce this project, we first summarized the contents by Whitepaper: “Since the advent of the Internet in the 1960s, it took more than 30 years to commercialize. Bitcoin began in 2009, but the technical performance of Blockchain still needs to be standardized and commercialized, like Dot -Com Bubble in the early 2000s, many IT companies have tried to combine more Likewise, Internet businesses cannot develop without Internet technology, and the Blockchain-based business market will be difficult to establish until technology development.
Grabity is committed to becoming a standard protocol with the priority of developing public blockbusters. Grabity will build a truly decentralized network that is optimized for P2P communications to commercialize concurrent transaction processing and distributed storage technology through Genesis Hoisting and Defrag Function.”
Grabity is a public Blockchain project, to change the Internet paradigm from a centralized network to a distributed network. The current hardware performance has increased dramatically, even enough for smartphones to have better performance than the previous server. However, it will not use 100% storage space or computing power. Anyone can share computer resources through mastered devices such as smartphones, tablets and PCs, and users can receive many awards because they provide resources, and DApp developers can use sharing resources on computers to operate services at lower costs. When the Grabity project reaches the commercialization stage, anyone will be able to use distributed nodes to change the Internet paradigm.
The Orbits Network is a major decentralized Grabity network that attracts P2P networks that are truly distributed by utilizing all idle / wirelessly connected computer resources. Transactions from Orbits Network are also 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 a separate section for each to use distributed storage technology and Defrag Function technology that can remember each part and execute in streaming format.
Function of the GBT Token
Token Economy from Orbits Network provides value through interaction with participating tokens distribution as tokens and node consumers, such as computer resource consumers, platform users, ICO participants, nodes who want more awards, and computer resource providers and get GBT as a gift. Consumer computer resources can use the Orbits Network to use GBT for less than the cost of building or maintaining an existing server, and providers of computer resources can obtain GBT by providing Network Orbits with idle resources or extra devices from their own devices
GBT ECONOMIC TOKEN
The Economic Token of the Orbit Network will also give a value through tokens and nodes, such as computers, user platforms, ICO participants, more nodes, and resource providers and GBT as a gift. Customers who use computers can use the Orbits Network using GBT for less than the cost of building an existing server or server, and can also support GBT by providing a network with them.
Total Token amount: 10,000,000,000 GBT
Token Token sale amount: 7,000,000,000 GBT
Percentage of sales Token from total Token: 70%
Hard cap : 30,000,000 USD
Soft cap : 10,000,000 USD
Tokens except for the pre-sale and public sale are sold in private rounds.
Unsold tokens are due to be incinerated.
Token Sale Rate:20%
Token Sale Rate:30%
Smart contract Deploy
ERC20 based Token issue
Network Layer Development
(P2P-based overlay network)
Planet Wallet Launching
Data Layer Development
Consensus Layer Development
Toolkit & SDK Development
Block Explorer Development
Application Layer Development
Management Layer Development
Orbits Network Launching
GBT-based DEX, DApp Store Launching
If you want to know more about grabity, Below are some useful links where you can find more pieces of information
Forum Username : Cengsuwi45
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566297
wallet address : 0x113185977068cF841A70f619CB33F3deEF865A76