Obsidian Platform

Obsidian Platform

Created using Figma
Created using Figma
The Obsidian Project aims to offer unrivaled private communication by marrying a secure messenger application with a cryptographic coin that enables a decentralised communication network. This provides resilience against attacks on the communication servers by replacing them with decentralised nodes which anyone can host, and thus receive Obsidian coins as compensation. The app is currently in "Public Beta".
Risk: High
  • Market
    Price
    Open 24H
    Range 24H
    Volume 24H
    Change 24H
  • CCEX
    5 months ago
    $ 0.0100
    $ 0.0100
    L: $ 0.0100
    H: $ 0.0100
Aug 12, 2017
Aug 19, 2017
100% completed
$4 073 497
152% cap completed
Cap 13 000 ETH
past
  • 2192 ODN
    =
    1 ETH
Token Details
Ticker
ODN
Company Details
Registered Country
United Kingdom
Additional Details
Categories
Platform, Software

About Obsidian Platform

The Obsidian Platform coalesces blockchain and private anonymous messaging and consists therefore of two main parts:

  • The Obsidian Coin (ODN)
  • The Obsidian Secure Messenger (OSM)

Obsidian Coin is based on the STRAT coin by Stratis, which is in turn based on Bitcoin. Our use of the Stratis C# code base enables us to strategically choose new features as they are tested and proven on the Stratis platform. ODN can also be kept in sync with tested new features from Bitcoin, including features such as the SegWit scaling solution.

The Obsidian Secure Messenger (OSM) is based on so far unpublished prior work of one of our developers who is leading the messaging architecture of our project. It is currently available as a working alpha version which should be available for preview in the coming weeks.

At this point, the ODN coin and the OSM messenger are not yet mature and not linked. The initial scope of this project will be the decentralisation of the messengerƅs storage, making the messaging nodes available for hosting by anyone, providing the nodes an ODN fee per message, and offering light wallet functionality in the OSM messenger client to be able to pay for the traffic produced.

Initial Coin Offering and Distribution

The crowdsale will end when either all 58.8 million coins being offered for exchange are sold for the fixed exchange rate detailed below, or on 26th August 2017 at 03:00 UTC. There will be an initial coin emission of 98 million ODN. Staking rewards in year one are 10% of the initial amount of coins. We plan to reduce or remove the staking reward model once we have gathered additional data about the Obsidian network economy. The exchange rate for ODN coins is fixed at:

  • 1 BTC = 21433 ODN & 1 ETH = 2192 ODN
  • 15% ODN (14.7 million coins) will be distributed among the members of the core team.
  • 25% ODN (24.5 million coins) will be sent to multiple accounts to be used for direct OSM licensing, integration, and ongoing development. ODN from this allocation will in addition provide ODN options as an incentive for 2nd tier developers, designers, marketing, advertising and any other ongoing Obsidian costs.
  • 60% ODN (58.8 million coins) will be sent to another escrow address and this part will be offered to the interested parties in the ICO and Pre-sale.
    • 50% of this will be available to exchange for ETH and BTC in the ICO.
    • 50% will be reserved for VC funding and strategic partnerships.

After the ICO completes, the total distribution model will be as follows. 50% of the final amount raised in the ICO will be divided into two escrow accounts:

  • 30% will be used for advertising, marketing, developers, daily operational costs of the company and similar expenses. This will also include a monthly salary for the core and 2nd tier members of the team.
  • 20% will be kept as company assets, for ensuing compliance with all the appropriate regulatory agencies.
  • The remaining amount will be divided between the core founding members. The final use and distribution of the second half of the ICO final amount will always be decided by majority vote of ICO founders and is intended for funding ongoing Obsidian-related work.

Features

The Obsidian Project takes the power of existing secure messaging services one step further, by fundamentally changing the architecture from a server-centric network to a decentralised network that is owned and run by its users, and financed with the Obsidian coin. The WhatsApp and Facebook mobile messenger applications alone process 60 billion messages per day. It is our dream to make each of these messages much more private than they currently are, with our Obsidian Secure Messenger line of mobile applications.

Obsidian Platform Roadmap

  • 2014

  • Obsidian Secure Messenger (OSM) client development commenced, ongoing through 2017.
  • 2016

  • Core team extended, OSM standalone app audited for security by multiple independent members fo well known German computer club.
  • 2017

  • - Annual roadmap planning and strategic milestones generated.- OSM alpha client working outside of the Obsidian blockchain- White paper published- Obsidian genesis block created- Obsidian core code refactored for native compilation to .NET core- Obsidian Platform Limited incorporated in the UK- ICO presale- Alpha node client release to testnet- ICO launch- Full node client release- Work commences on OSM and light wallet integration- Obsidian Shard (PoS node) development commences- OSM parallel network integration- Obisidian Service Node development completed- Nw partnership and innovations announced- New features and additional services revealed before the end of the year

Activity

Activity:
145
MEDIUM
Posts:
1 637
VERY HIGH
Views:
78 691
VERY HIGH
Activity:
145
MEDIUM
Merit:
100
MEDIUM
Posts:
513
HIGH
Views:
14 891
VERY HIGH
Users:
194
MEDIUM
Posts:
141
MEDIUM
Followers:
3 626
MEDIUM
Likes:
3 413
MEDIUM
Followers:
8 222
HIGH
Tweets:
201
MEDIUM
Members:
624
LOW
Alexa
Rank:
1 827 863
VERY LOW
Delta:
608 782
Year commits:
83
Watchers:
22
Stars:
13
Forks:
5
Open issues:
9

Team

Verified 13%

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

Head of Marketing
verified
Lead OSM Developer
unverified
Software Engineer
unverified
Lester Shad
DevOps Engineer
unverified
Lead Developer
verified
Front End Developer
unverified
Brayden Abick
Front-End Engineer
unverified
Sonny Ross
Illustrator
unverified
Mustafa Uzun
Graphic Designer
unverified
Community Manager
unverified
Community Manager
unverified
Sam Dakovic
Moderator
unverified
Lasse Kristensen
Moderator
unverified

Advisors

Verified 25%

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

Advisor
verified

2 ICOs

$4 536 142

Advisor
unverified

Last News

$ 0.0042
-12.40%
Coin Stats
Daily, %:
-12.40%
Weekly, %:
-28.57%
Monthly, %:
-44.44%
Market Info
Market Cap:
$ 105.255 K
Volume 24h:
$ 900.04
Circ. Supply:
25.000 M ODN
Ticker:
ODN
ICO profit
X 0.0000
ICO Price~$204.96
3.41
risky+
5.0 7
ICO Profile Vision Activity Potential Product Team

Obsidian Platform Reviews

bitcoinexchangeguide.com
reviews

Obsidian is a blockchain platform with one flagship product called the Obsidian Secure Messenger, or OSM. The developers are currently preparing to release that messenger to the public, along with a cryptocurrency. The cryptocurrency will be used to power the Obsidian ecosystem, including all future applications developed on the Obsidian Platform.

The main benefit of Obsidian Secure Messenger is that it offers powerful end-to-end encryption. Currently, that messenger is available in public alpha testing, although it’s not currently on-chain.

Read More
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO