Welcome my friends to the exciting new ICO today and let's take a look at their great idea:
About Memority
Memority - company involved in the development of the project is registered and regulated by the legislation of Estonia:
Registry code: 14453811
Name: Memority OÜ
Legal form: Private limited company
Address: Harju maakond, Tallinn, Kesklinna linnaosa, Parda tn 4-411-1, 10151
Memority is the platform for a completely decentralized, ultra-secure storage of valuable data on the blockchain, which ensures the continued availability of several encrypted copies of data on unrelated storage locations around the world.
The data is encrypted with your private key
No one except the owner can physically view the contents of the files, because they are encrypted with a private key, which is stored only by the data owner
Data is protected from accidental deletion
The system always stores multiple copies of data (default is 10), the monitoring system will periodically check their availability and creates new copies in other stores in case of insufficient number of duplicates
Data is protected from forgery
Unique data identifiers are stored in the blockchain database, the system regularly searches for fakes and restores the correct number of copies with genuine data if files have been forged
The system is completely self-contained and independent
Data storage, the process of files copies monitoring and recovering, data encryption and validation for authenticity are completely decentralized, there is no dependence on any centralized systems.
Blockchain-based data storage ecosystem
Memority's mission is to create a self-sufficient ecosystem that includes a variety of applications to meet the needs of businesses, government organizations and individuals in ultra-secure storage of all types of valuable data.
The Memority API allows third-party developers to create desktop and online apps for decentralized encrypted storage of various types of data without a lengthy investigation into technical details of the blockchain technology. Developers of such applications are rewarded with part of all data storage payments for files that were uploaded with their apps.
Why Memority?
File encryption: Files are encrypted with a private key that only their owner has.
Decentralized storage: The system supports storage of 10 file copies in independent storages.
Protection from data forgery: Completely decentralized monitoring systems check data availability and authenticity.
Motivation of all participants: Payments for storage are distributed between hosters, app developers.
Proof of Authority mining: We use mining technology that does not require pricey equipment.
API for applications development: Third-party developers can create applications for data storage on Memority platform.
About ICO
Memority released its own EMT token in the amount of 1,500,000,000 units. The ICO is allocated 57% of this amount - 855 000 000. ENT tokens, created for the convenience of investors, can be exchanged with the proportion of 1: 1 for MMR tokens, the amount of which will be in accordance with ENT. SoftCap and HardCap amounts to 5,000,000 and 85,500,000 USD respectively. The token price for ICO is 0.1 USD. There is also the following bonus system.
Bonus:
• May 31 - June 30 15%
• 1 - 30 July 10%
• 1 - 31 August 5%
ICO end dates are designated October 1, 2018, so if you are interested in Memority - you have a great opportunity to participate!
ROADMAP
Team
Conclusion
I hope the Memority platform - a project that can change our understanding of security data warehousing, and that moves inevitably to success - has a rapidly gathering work product and generally has a good chance of taking the right place in the information market!
Thank you for your attention. If you are interested in this project, then for the complete picture I recommend you to follow the link below:
Website : https://memority.io
BitcoinTalk: https://bitcointalk.org/index.php?topic=3952669
whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
My profile: https://bitcointalk.org/index.php?action=profile;u=1287832
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