Review of MEMORITY ICO – It’s DECENTRALIZED SECURE DATA STORAGE ON BLOCKCHAIN..

The Memory project is a blockchain-based data storage, offering a high level of security and full decentralization by attracting a large number (at least 10 per one data package) of hosters — users who store encrypted information. The project token has a Ticker MMR.

The basis of the project is the organization of decentralized, ultra – reliable data storage. And without restrictions on the type of information that may belong to individuals, firms, government agencies and other participants in the system.

The emphasis is on ensuring the security and privacy of data through multiple duplication, distributed storage, parallel blockchain chains and own developments, which are described in detail below.

There are 4 types of users in Memory:

  • The owners of the data. They use Memory to store information, paying for services with MMR tokens.
  • Hosters. Provide memory for their devices to store data. The host can be both the owner of the data.
  • Miners. Provide computing power (based on the algorithm Proof of Authority) to support the platform and get a reward for it in tokens MMR. The maximum number of miners is only 10 000, so if you want to participate in the development of the project and earn — hurry.
  • Third-party developers. Use Memory to create your own solutions.

 

Benefits Of Memory

The developers Memority added to your project using the best features and options available storage services a cloud type. Also, unique functions are introduced, for example — storing a hash in the blockchain to protect against data forgery.
There are a lot of options and advantages, let us consider in more detail the main ones:

  • Open API. After the launch of the platform, the developers will open it to everyone who wants to create third-party solutions based on Memory. This will allow to quickly increase the scale, by attracting new members and developers to use Memory. The potential of the platform will allow to create both General-purpose and specialized storage: in Finance, medicine, public administration, etc.the opportunity of material encouragement of third — party developers, Provided by the creators of Memory, with the help of MMR tokens, will stimulate the use of the platform.
  • Self sufficiency. The work of Memory is carried out on distributed computers of participants (hosts and miners) and does not depend on centralized systems: servers, platforms, administration, etc.
  • Encryption. Each owner’s information is encrypted with a unique key that only the owner has access to. Therefore, to display the information stored can only be one who uploaded it in Memority.
  • Protection against deletion. A special monitoring system constantly scans files and maintains the required number of copies.

Ico and Token details

Memority ICO project is still in full swing, but the results are already impressive. Now the following bonuses are offered for token sale: 10% until July 30, 5% until August 31. Soft cap is almost collected: $4.6 million of the required $5 million. Hard cap is quite high- $ 85.5 million, and may not be collected, but an intermediate value of $40 million — is achievable.

The developers plan to invest most of the collected funds in the further development of the platform and marketing. There are several programs depending on the amount of the fee.

Team members

Roadmap

 

Memority in media

Project conclusion

 Availability of the current version of the product, open API and material compensation for third — party developers-indicate great prospects for the development of the project. The presence of a large and qualified team, high enough ratings of the project, as well as the interest of investors guarantee the success of Memority. 

 For More information follows;

Website || Whitepaper || ANN Thread || Telegram || Facebook || Twitter

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