IOVO- Internet of Value Omniledger
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: IOVO. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
IOVO, the Internet of Value Omniledger is a next-generation blockchain (DAG) decentralized database ecosystem. IOVO is dedicated to giving control of data ownership and monetization to the people actually generating the data. IOVO will be a universal, secure, and transparent data ownership and exchange system. Its mission is to sustain and promote individual human value.
IOVO aims to promote and enhance human life and value through the use of blockchain technology on its data platform. IOVO has put in measures to make data sharing easier through then adoption and introduction of DAPPs which has been a great and welcome development by members of the platform. IOVO also seeks to change the data analogous paradigm to digital, so as to ensure that data generation will no longer exploited by large corporations. The decentralization that is enabled by Blockchain delimits the middlemen and directly connects users to data acquirers. This blockchain and smart contracts technologies would provide full transparency on how data is collected, verified, updated and guarantees the reward for the collectors and data owners.
With the need for accurate and decentralized data sprungs on daily basis, a need for a decentralized revolution of the data network becomes needed and necessary, Iovo then seeks to tackle the challenges of data ownership and data reliability by creating an ultra-scalable ecosystem that ensures that data is as accurate as possible attesting to the obvious fact that, data needs to be decentralized, disintermediated, and incentivized and accurate. IOVO rising collaborative solutions using the blockchainn and smart contracts now make this mission possible. By using the dAPPS tool, IOVO will be the first ever decentralized platform to revolutionize the data network generation freely and securely between data collectors and acquirers. IOVO aim is to create an ultra-scalable and highly reliable platform, so as to secure the relationship between both parties that is, the data collectors and acquirers.
Benefits of IOVO
Access to a comprehensive global database via data wallet.
Monetization of owned data.
Acquisition of more users.
Users are entitled to data wallet and enjoy full access to IOVO network.
Users have the legal right to their personal data.
There is transparency and security with user’s data.
Users can monetize their personal data or choose to share their data with others.
Users can decide to be anonymous with their data.
dApp and application operators will have access to an exclusive universal database through data wallet.
Companies and data analysts will have access to data research and analysis.
Companies and data analysts will have direct access to with surveyed users.
FEATURES OF IOVO PLATFORM
This is an overlay application that is used to find data and acumens in database systems in IOVO network. This feature can manage and collect data in search of networks that permits a user to monetize a shared data conveniently. The basic features are; network search, data acquisition, multi-level data analysis, data exchange, data export, communication with users, fee management, data analysis patterns, and data wallet management.
The IOVO network collects data from every application developed thereby making the platform to serve as a database platform that protects and store data gathered from IOVO applications.
TOKEN AND ICO DETAILS
TOKEN SYMBOL: IOVO
HARD CAP: $30 MILLION USD
ACCEPTED CURRENCIES: ETHEREUM (ETH), BITCOIN (BTC)
IOVO PRICE: 1 IOVO= $0.12 USD
UNSOLD IOVO TOKEN: BURNED
Private Sale Date: 25.10.2018 – 1.12.2018
Public Sale Date: 20.12.2018 – 31.12.2018
IOVO token will be used to improve the growth and development of the platform, it will be a means of reward to users. it will be used as a payment method for all transactions across the platform.
IOVO is a peer-to-peer network in which users can join it at any time and in other to start making transactions. Every user connected to the Iovo and Dapps network acts as a transmitter of transactions. They are incharge of broadcasting incoming transactions to other nodes in the network. This is to enable every transaction to reach validators in a fraction of a second. The Validators in the other way are responsible for verifying the transactions as they come. They act as check and balance system as such as to check every transaction for correctness and run their smart contract code (if present). Validators are incentivized and motivated to participate in this verification process by the network rewards, which are distributed according to IOVO’s proof-of value (PoV) consensus algorithm, an extension of proof of stake (PoS).
The stability, security and performance of IOVO is guaranteed by the well studied components which IOVO is constructed from.
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
IOVO (Internet Of Value OmniLedger) is an overall open system database for the limit and exchange of data subject to each and every possible sort of quantitative value assets. Be a part of this tremendous project and follow these links for more information;