MULTIVEN – The World’s First Blockchain-based Marketplace For The Global $3 Trillion IT Products and
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Multiven, the world’s first and only provider of independent, decentralized and politically-neutral software integrity maintenance and cyber-defense services for all the block-chain nodes and hardware that make up the world’s internet network has arrived.
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Multiven is the world’s first and only provider of independent, decentralized and politically-neutral software integrity maintenance and cyber-defense services for all the block-chain nodes and hardware that make up the world’s internet network. By offering service-as-a-utility, powered by its elite team of Internet experts, security researchers, cryptographers and its artificial-intelligence engine, mySolvr, while leading consumer advocacy that ensures customer choice and value, Multiven is realizing its mission of making the Internet globally available, reliable and affordable for all mankind.
The Internet is the infrastructure upon which all Blockchain traffic traverses. Accordingly, its availability, reliability and security to all cryptocurrencies and decentralized applications cannot be over-emphasized.
Harness and deploy decentralized human-powered artificial intelligence towards defending Bitcoin.
Maintain the integrity of the software that runs all other non-Blockchain Internet networks globally.
Document and map every device (type, geo-location, owner etc.) on the Internet (hardware and software) and make them globally available on the blockchain.
Launch the Multiven Open Marketplace (“MOM”), the world’s first blockchain-based marketplace that will simplify and lower the cost of buying, selling, and sharing of computer and network hardware, software and services between businesses and consumers using Multiven Coins, on a peer-to-peer basis, without intermediaries.
Design, launch and maintain active Bitcoin full Nodes-in-Orbit (“NiO”) to serve as a spatial extension of the global node network that will be out of reach of earthly adversaries.
Multiven Business Model Transition Post ICO
Multiven was founded because there is some problem around the the way the world buys, maintains and sells their computer and network equipment install-base. That problem become the secondary mission of Multiven.
Marketplace Smart Contracts
Through its marketplace, Multiven is targeting two types of markets:First hand/Brand new market is currently centralized around a handful of equipment manufacturers (Hardware and Software) selling hardware and software licenses, at dictated prices, only via a handpicked selection of channel “distributors” who sell to “authorized resellers and partners” who in turn sell to corporate, retail, government and Telecom companies.
Second hand markets on the other hand disorganized, passing through a very large number of independent resellers and brokers. The market has in fact remained untapped due to the absence of an innovative sales channel, connecting parties to buy and sell equipment. Additionally, most medium to large corporate firms and Telecom companies have a high inventory of decommissioned, unused/like-new or unwanted hardware (router, switch, server, processor etc) and software, all available to be monetized.
There are several interrelated strings to Multiven’ s bow. The main ones are:
Multiven Open Marketplace
The Multiven Open Marketplace (MOM) will be a blockchain based marketplace for buying and selling IT-based products and services. Based on smart contracts, it is a P2P marketplace that involves no third parties. The only currency of exchange and for financing blockchain transactions will be MultiCoin. Multiven anticipates that transactions processed in MOM will grow rapidly:
· 2019 — $300,000,000
· 2021 — $30,000,000,000
· 2023 — $90,000,000,000
Monitoring cryptocurrency nodes
70% of the world’s internet routers and switches are manufactured by Cisco Systems and are run using Cisco IOS, thus out of every 10 Bitcoin and other cryptocurrency nodes, seven are controlled by Cisco. However, given that these nodes are concentrated geographically, around 90% of them are Cisco controlled.
This presents a potential vulnerability to attack, possibly exploiting a network backdoor. Multiven aims to monitor in real time and defend every cryptocurrency node and their internet gateways as a free service.
Nodes in Orbit (NiO)
Multiven plans to create space-borne networking platforms, and platforms that can defend themselves against threats, both natural and human. It is planned to launch nine such nodes into Earth orbit by 2022.
Mapping the internet
Already Multiven has mapped over 1.5 million networked devices including their geolocations and complete physical and software profiles.
The Map-the-internet project will transfer this data to the blockchain while continuing to add many additional devices, aiming ultimately to map the whole internet on the blockchain. This will provide a backup resource in case of successful attack. Third parties will be able to access this data in exchange for MultiCoin.
Token Sale and ICO
Multiven Token: Multicoin
Multiven’s ERC-20 compliant token that is the sole medium of exchange in the Multiven Open Marketplace (MOM) is MultiCoin denoted by MTC.
Below is the token’s information:
Token Type: ERC-20
ICO Token Price: €0.50
ICO starts date: 8 March 2018
ICO end date: 21 May 2018
Fundraising Goal: €100 Million
Total Token Supply: 2 000 000 000
Available for Sale in ICO: 200 000 000 (10% of the maximum supply)
Anti-Money Laundering: YES
Cannot Participate: USA Citizens
Token Issued: Immediately, unlocked 2 weeks after ICO
Currency Accepted: ETH
The ICO will take place in 4 separate rounds. These are:
Round 1: 9th March to 6th June; 30 million tokens available — 25% bonus. Max cap per investor: 1,000 ETH + bonus
Round 2: 7th June to 7th August; 40 million tokens available — 20% bonus. Max cap per investor: 500 ETH + bonus
Round 3: 8th August to 8th September; 60 million tokens available — 15% bonus. Max cap per investor: 250 ETH + bonus
Round 4: 9th September to 9th October; 70 million tokens available — 0% bonus. Max cap per investor: 50 ETH
Use of Proceeds
The Multiven platform was launched in 2005 and gained Lucent Technologies as its first large customer in 2007. Between 2008 and 2014 various legal battles took place regarding Cisco which eventually favoured Multiven.
The Multiven HQ relocated to the Netherlands in 2015, and a Paris based sales office was launched in 2016. During development of the Multiven marketplace was initiated. Future milestones include:
· Q1 2018: ICO Public Sale
· Q2 2018: CyberDefense and monitoring of cryptocurrency nodes commences
· Q2 2018: Nodes-in-Orbit (NiO) project initiated
· Q3 2018: MOM Testing and Security Audit
· Q4 2018: Alfa launch of MOM
· Q1 2019: Stable version of MOM
· Q1 2019: MOM Wallet launch
· Q2 2019: MOM Platform and Trading launch
· Q2 2019: Map-the-Internet project commences
· Q3 2022: Launch of Bitcoin Nodes-in-Orbit (NiO)
Meet The Amazing Team
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3075298.0
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.