SMILO - Hybrid Blockchain Platform

in #bitcoin • 6 years ago

Hello everyone, I will introduce the project about Smilo. If you wish to join the Smilo project, let's look at the following review:

What is Smilo ?

Smilo is a unique full-featured hybrid blockchain platform that will be able to facilitate hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private. As such, Smilo will safeguard the privacy of any individual's data whilst warranting full transparency from the organisations that these individuals interact with.

Smilo is based on the unique and self-made Smilo BFT+ consensus protocol. This consensus algorithm combined with the exclusive Smilo Network Protocol (SNP) ensures secure, scalable, quick, and sustainable transactions. Considering these features, we call Smilo our hybrid blockchain platform with a conscience.

THE HYBRID BLOCKCHAIN PLATFORM WITH A CONSCIENCE:

HYBRID

Smilo facilitates hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private.

SUSTAINABLE

Smilo is an eco-friendly blockchain platform through our advanced Smilo BFT+ protocol.

SCALABLE & FAST

Over 100 times faster than Ethereum and other platforms by our unique Smilo Network protocol and Smilo BFT+ consensus.

DECENTRALISED

Fully decentralized and open network available to everyone.

AFFORDABLE

Smilo transactions require a fragment of other transaction fees.

ETHEREUM COMPATIBLE

100% Solidity and web3.js compatibility, allowing easy and fast adoption.

HOW DOES IT WORK?

MISSION & VISION

OUR VISION

Our vision is to facilitate a culture of transparency by making collective data irreversible and publicly available, whilst protecting personal data.

This will significantly limit the chance of corruption whilst simultaneously acknowledging the need to protect the individual’s data. A decline of middle men will occur due to the irreversible nature of Smilo’s user-friendly hybrid smart contracts.

The combination of public and private transactions on one blockchain platform, based on the Smilo Network Protocol in combination with the Smilo BFT+ consensus mechanism, defines Smilo as a hybrid blockchain platform with a conscience.

OUR MISSION

Our mission is to create an environment in which the consumer's need for privacy and security will be aligned with the processes of governments, NGOs, financial institutions and corporations. This will be accomplished by warranting full accountability and transparency from corporations, whilst safeguarding the consumer’s needs.

This environment will be hosted on Smilo’s decentralised, secure, fast, and sustainable hybrid blockchain platform. Not to mention, Smilo will make their source code publicly available, meaning that future blockchains, organisations and their applications can apply it to their specific needs.

Token distribution

Allocation of funds

The total amount of $18 million will be spent over a period of five years. However, we want to launch Mainnet as soon as possible, so the development of dApps can commence. Considering this goal, we expect to spend quite a large percentage in the first year compared to other years. Our figures will be made public so that we can practice what we preach: transparency.

PRIVATE SALE

  • Incentive: Variable; max 50% bonus tokens
  • Status: OPEN FOR BUSINESS
  • Min investment: $25.000
  • Vesting period: Variable; 3 - 12 months after mainnet
  • Currency: USD, EURO, ETH, BTC

PUBLIC SALE

  • Incentive: 0% bonus tokens
  • Status: TO BE ANNOUNCED
  • Max investment: $30.000 (1st 24hrs)
  • Vesting period: None
  • Currency: ETH
  • TOTAL TOKEN SUPPLY: 200.000.000 Smilo
  • CIRCULATING SUPPLY: 100.000.000 Smilo
  • PRIVATE SALE: 63.360.000 Smilo
  • PUBLIC SALE: 21.600.000 Smilo
  • COMMUNITY BOUNTIES: 15.040.000 Smilo
  • HARD CAP: 18.000.000 USD
  • SOFT CAP: 2.500.000 USD
  • PRICE: 1 Smilo = 0,25 USD

ROADMAP

Q1 2017

  • Idea from Elkan Roelen (founder)

Q2 2017

  • Forming Smilo’s team
  • First written foundations

Q3 2017

  • Start prototype development
  • Research of different network protocols and consensus algorithms

Q4 2017

  • Whitepaper development
  • First partnerships
  • Prototype development:
  • Implementation of blocks, transactions and verifications

Q1 2018

  • Website launch
  • Official BV registration
  • Opening community channels
  • Prototype development implementation of:
  • Smilo BFT+ with SPoRT
  • Private transactions

Q2 2018

  • Private sale
  • Prototype development:
  • Implementation of light wallet
  • Open-source prototype on Github
  • Starting development of:
  • SmiloVM
  • SmiloContract
  • Smilo SDK

Q3 2018

  • Private pre-sale
  • Starting testnet development
  • Starting hardware wallet development

Q4 2018

  • Testnet launch
  • Light wallet launch

Q1 2019

  • Community-driven performance tests
  • Consult and help partners with first Dapps
  • Start development of Smilo's secret Dapp

Q2 2019

  • Public sale
  • Mainnet launch
  • SmiloContract development
  • Implementing new languages
  • Language choice based on community votes
  • Mainnet launch event
  • Token Distribution
  • Exchange listing

Q3 2019

  • Hardware wallet launch
  • First DevCon Smilo developers
  • Multiple Dapp launches by partners

Q4 2019

  • Start DEX development

2020

  • Extend Improved Sharding
  • Multiple hardware wallet support
  • Self sovereign identity

2021

  • Off-Chain transactions

For more information about Smilo, please visit the following link:

Bitcointalk username : bitcampaign
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=905392
ETH : 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca

#ico
6 years ago in #bitcoin by
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