Internet of Coins Internet of Coins

Internet of Coins

Internet of Coins is an environment for personal finance. As a decentralized platform it enables an optimally inclusive financial network, interlinking all digital forms of value. It allows you to trade digital assets and currencies peer to peer, with an easy to use interface and the opportunity to earn fees by participating as an allocator.
Risk: High
past
Mar 21, 2017 — Jun 21, 2017
Raised 2 285 775.14 USD
Goal 1 500 ETH
Cap 70 000 ETH
Prices
  • From Mar 21, 2017 Till Jun 21, 2017 —
    50 HYBRID
    =
    1 ETH 1ETH = $864.189
About

Internet of Coins is an environment for personal finance. As a decentralized platform it enables an optimally inclusive financial network, interlinking all digital forms of value. It allows you to trade digital assets and currencies peer to peer, with an easy to use interface and the opportunity to earn fees by participating as an allocator. In the past two years, the groundwork for this system has been implemented by a team that dedicates their time to the creation of an innovative open source financial networking agent called hybridd, that directly links crypto-ledgers together. Existing wallets need no changes or adaptations to allow their blockchains and value systems to be hooked into this autonomous decentralized network.

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The present cryptocurrency industry is fragmented and potentially at risk of becoming financially and politically centralized. Like ourselves, many blockchain enthusiasts would not want this to happen. Many financial actors want to reap rewards by doing business in the cryptocurrency scene. We support this and believe this to be an inevitable development, yet we are also convinced that this must not pose a negative influence on the fundamental freedom of users and developers of cryptocurrencies. Bullhorn Bitcoin walletWe want to enable the free and unlimited exchange of value among crypto-ledger based systems and other financial systems.

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Their vision for the Internet of Coins is an inclusive autonomous network, enabling anyone to participate and build alternative financial instruments and markets, featuring equality in participation, representation and influence. Where peer-to-peer cooperation is rewarded and encouraged by way of incentives through open standards, aiming for inter-systemic equilibrium and freedom. We believe that building yet another system-to-rule-them-all does not represent a way forward. Instead, in our opinion, the best way to ensure freedom and justice for all is to integrate existing and future crypto-technologies into an independent, open and autonomous ecosystem. That is why we designed Internet of Coins to support all cryptocurrencies.

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They have developed an interconnectivity platform with a node-to-node system called hybridd. It forms a web, featuring the ability to connect value systems and synchronize ingoing and outgoing data flows by way of a scalable data chain; an innovation that we call the weavechain. The entire system is modularized. Their ultimate goal is to let every cryptocurrency autonomously become part of a massive swarm of decentralized global financial interaction. We aim to do this by enabling any actor in the network to establish value tokens, known as hybrid assets, that interconnect value systems and blockchains across markets. We strive to allow every cryptocurrency to autonomously interconnect in a large swarm of decentralized economic activity, by using a weavechain. The programming code to make this possible will be open source, available on a not-for-profit basis and freely accessible to all, in order to enable the impartial establishment of what we call the Internet of Coins.

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Features

- The network is self-balancing, anonymized and robust, using threshold cryptography for swarm escrow functionality
- A peer-to-peer network operating over darknets to enable users to transact value across blockchains and value systems
- Value will be transacted by hybrid asset - "hybridd"

Technical Info

Technical details:  IoC tokens will be released on multiple blockchains. It will be connected in an inter-blockchain construct called a hybrid asset, so user can pick one of several currencies of his choosing. The source code:  no Proof of developer:  Public team

Roadmap

  • Incorporation

  • - Funding round completion - Crowdfund platform launch - Hybrid asset distribution
  • Weavechain

  • - Weavechain testnet - Consensus model - Light wallet beta
  • Transports

  • - Encrypted node-to-node transport module - Swarming transport module - In client messaging
  • Read More
  • UX/UI v.1

  • - Complete asset management - Asset recipe standarts - Node Wallet v.1
  • ICO starts

  • ICO ends

  • Interlinking

  • - Hybrid asset interlinks - Advanced token asset management module - Hardware nodes
  • UX/UI v.2

  • - Advanced token asset management UI - Decentralized resources - Live node SDK
  • 2nd stage research

  • - Benchmarking atomic, haystack, escrow swaps - Scaling andd refinement transaction speed - High-volume transactions research and tests
  • UX/UI v.3

  • - Mobile UI beta - DAPP/DAO interfaces - UI oriented REST-API standards finalization
  • Production

  • - Infrastructure live for b2b - Scaling production enhancements - Integration of legacy systems for business
  • Use case based development

  • - UX/UI improvements based on use cases - Node enhancements based on metrics - Mobile wallet v.1
  • Roundup evaluation

  • - Evaluation of achievements - Strategy for longevity and support corporatization

Activity

Status:
Sr. Member
HIGH
Activity:
306
HIGH
Merit:
250
HIGH
Posts:
138
LOW
Views:
23 142
VERY HIGH
Followers:
1 865
LOW
Tweets:
338
HIGH
Alexa
Rank:
1 839 551
VERY LOW
Delta:
-190 214
Year commits:
112
Watchers:
36
Stars:
24
Forks:
1
Open issues:
1

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Godfather of Smart Contracts
unverified
External Consultant
unverified
Translation Coordinator
unverified
Informatics researcher
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Blockchain Advisor
unverified
Community Advisor
unverified

3.42

risky+
5.0 13
ICO Profile Vision Activity Potential Product Team

icorating
-
icobazaar 3.2

Collected:
0 USD
The amount in USD is calculated at the closing date of the ICO
Goal: Cap: 0 ETH 0 ETH ICO: 21 Mar 2017 21 Jun 2017

Please read the disclaimer and risk warning. Show disclaimer and risk warning.