Taurus

Taurus

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The torus protocol runs completely on the Ethereum block chain, with zero downtime and built-in trust management. Dualsig peer-to-peer contracts are created, signed and shared in off-chain via relays. Once the necessary signatures are collected, a transaction is issued to maintain the contract.
Jun 21, 2018
Sep 6, 2018
100% completed
$737 582
1% hard cap completed
Hard cap 20 000.00 ETH
past
  • 10000 TAUR
    =
    1 ETH
Token Details
Accepted Currencies
ETH
Company Details
Registered Country
United States
Additional Details
Categories
Platform, Cryptocurrency, Business services, Software, Smart Contract

About Taurus

We describe a distributed, open standard protocol that facilitates decentralized trading of digital asset derivatives. The protocol intends to standardize derivative trading and provide a distributed blockchain backend for persisting and executing contracts. The architecture adopts an off-chain/on-chain approach. Contracts are generated and signed securely offline, and may be transmitted over any medium. The protocol leverages multisig contract technology and Elliptic Curve Cryptography in the form of ECDSA to generate and verify digital signatures. The protocol business logic is maintained in a system of smart contracts on the Ethereum blockchain. The protocol operates in two modes: peer-to-peer and moderated, allowing exchanges and/or independent dApp developers to utilize its functionality. Finally, the protocol is an open source project intended to be governed by a proof-ofstake Decentralized Autonomous Organization or DAO . Decentralized governance facilitates continuous integration and development with consensus of the governing the community.

Taurus Roadmap

  • Q3 2017

  • Business analysis.
    Technical feasibility.
    Team formation.
  • Q4 2017

  • Business entity setup.
    Product development.
    Token design.
  • Q1 2018

  • Product development.
    Strategic partnerships.
  • Q2 2018

  • Product development.
    Security Compliance.
    Marketing logistics.
  • Read More
  • Q3 2018

  • Beta release mainnet.
    ICO launch.
    TaurusAPI Service release.
    Exchange partnerships.
  • Q4 2018

  • Taurus v1 release.
    3rd party integrations.
    Decentralized governance R&D.
    Mobile apps development.
  • Q1 2019

  • iOS and Android apps release.
    Cross-chain R&D.
  • Q2 2019

  • Taurus v2 release.
    DAO development.
    Cross-chain development.
  • Q3 2019

  • DAO rollout.

Taurus Team

Verified 0%

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

Rawad Rifai
Co-Founder
unverified
Brett Hayes
Co-Founder
unverified
Aymen Elsalim
Business Development
unverified
Greg Baghdassarian
Software
unverified
May Muhsin
Software Intern
unverified
Muyuan Li
Software Intern
unverified

Advisors

Verified 0%

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

Rees Morgan
Advisor – CEO, QubeChain
unverified

11 ICOs

$737 455

Jorge Sebastiao
Advisor – CISSP, ISO27001 Lead Auditor, ITIL, ISP
unverified
N/A
5.0 4
ICO Profile Vision Activity Potential Product Team

Taurus Reviews

thetechinsider.org
reviews

Positives
Asset Agnostic: Taurus0x decouples asset derivatives and decouples assets. As a result, it supports derivatives for assets of any price. The contract settlement is denominated in ERC20 tokens.
Open Source: Taurus0x is open-sourced and accepts DAO governance. Wrapper libraries and developer tools are available via the bootstrap developer adoption.
Distributed: Taurus0x is distributed and doesn’t have any centralized points of presence. It runs on Ethereum’s blockchain with trust management and zero downtime.
Negatives
Development Issues: Because Taurus0x is planning to make a decentralized derivatives platform, they will need more ongoing development before launching a final product.
Limited Appeal: This ICO is only targeted towards those who are intermediate to advanced investors. This means that there is a limited appeal outside their target market.
Token Size: There is a large number of tokens generated. This can lead to inflation and potentially make it harder for the token’s price to rise and gain value.

Read More
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