Review ICO - Lynked.World

phuongnhi123 (0)(1)in #bitcoin • 6 years ago

Introduce

The electronic money market has undergone a surge recently with total market value of about $ 206.82 billion. Bitcoin, is the first electronic money with a rate of about 53.34% compared to other currencies. Investing in electronic money has witnessed a significant increase for its high profitability. Currently, there are about 13367 active markets for electronic money and more exchanges that overwhelm the market without being able to secure the lost participant's assets resulting in loss due to unauthorized access and stealing. Moreover, cases such as Mt. Gox hack and Bitfinex hack is no longer news because most of us know about it.

Problem with Exchanges.

There are two kinds of electronic money exchanges; decentralization and centralization.

The decentralized exchange is built on an independent technology infrastructure protocol and does not require anyone to coordinate its operation.

Its advantage is that traders can trade without having to worry about the safety of their funds. Traders control and keep their own digital assets in their own wallet while exchanging no direct access to it. Another advantage is the extremely low transaction costs. Examples of decentralized exchange are IDEX, Waves Dex, Forkdelta, etc.

With these decentralized advantages, it is important to note that it also comes with its own child, in terms of liquidity, flexibility and speed of incorporation.

The exchange center is the direct opposite of the distribution deal with the merchant trader holding in the exchange exchange purse that it receives as deposit. Although centralized ownership offers the advantage of providing liquidity, flexibility, and agility, it also puts the user's assets at risk.

Blockchain technology is truly an innovation in how data is created, shared and edited. But even so, blockchain technology is currently facing a significant problem in terms of its performance. For this reason, Lynked.World is a blockchain-based security platform for individuals and organizations who own, control and share trusted digital data and documents.

Solution

Lynked.World solves critical problems faced by individuals and organizations in today’s digital world:

An absence of a guaranteed secure and trusted identity of each individual and entity
No common premise for Trust and Authenticity of data across various use cases
Inefficiency and increased costs due to intermediaries involved in processes
Inability to provide access to many kinds of services over digital platforms due to the non-secure nature of digital identity and associated data

Our Ecosystem

The Lynked.World eco system is a multi-faceted solution comprising of an entire application platform developed from ground up to be able to harness the features of blockchain technologies. Our platform is based on the Ethereum blockchain and comprises of feature rich modules solving real life problems around trust and authenticity of digital identities, documents and data for both consumers and corporates alike.

Function

Digital Wallet
Configurable QR Code
Configurable Forms
Identity & Background Verification
ID based Secure Login
Application Development Platform
Token Sale Details
Token Symbol
LYNK

Initial Token Supply
200,000,000

Start Date for Public Sale
November 15th, 2018 (9:00AM GMT)

End Date
February 10th, 2019 (11:00AM GMT)

Number of tokens for Sale
150,000,000 LYNK

Hard Cap
25,000,000 USD

Token Exchange Rate
1 LYNK = 0.35 USD

Soft Cap
5,000,000 USD

Acceptable Currencies
ETH, BTC

Unsold Tokens

Any Unsold Tokens after the token sale (based on the hard cap of 25 million USD) will be moved to the Community Reward Pool

Additional Token Distribution

New LYNK tokens after the initial issue of 200,000,000 can only be generated from the reserves based on redemption of Lynk Boost Dollars into LYNK. Once the total number of LYNK tokens issued reaches 500,000,000 the company will initiate buyback programs to purchase LYNK tokens from open market to be able to continue the “Community Rewards System”.

Our Roadmap

Below is an indicative timeline for the development of the Lynked.World ecosystem. Scroll to the down to see our planned features and marketing initiatives for the all 8 quarters !!!

Q2 2017
Concept and Initiation of idea
Genesis of Lynked.World
Team Formation

Q3 - Q4 2017
Market Research
Smart contract POC completed
Lynked.World Development Begins

Q1 2018
Launch of Lynked.World Web Portal
Presentation at World HRD Congress
Launch of Lynked.World Beta App (iOS + Android)
Inauguration of Lynked.World Platform @ ICMAI
Identity, Education & Experience Verification

Q2 2018
Mobile App Launch
API for secured login with Lynked.World Digitally Identity
Data & Document sharing with QR code
Launch APAC marketing team
Onboard 25 partners for early adoption
25,000 users on platform

Q3 2018
50,000 users on platform
Onboard 50 organizations
Launch Lynked.World API as a Service (AaaS)
Blockchain based identity/Access card
Blockchain based attendance management system

Q4 2018
Launch ICO
200,000 users on the platform
Onboard 150 organizations
Configurable Profile
Configurable Application Forms
Job Portal
Blockchain based communication plateform

Q1 2019
500,000 users on platform
Advance Configurable profile
Advance Configurable Application Forms
Transaction Authorization using Lynked.World ID
Collaboration with Government organizations for Identity and other verification API

Q2 2019
1,000,000 users on the platform
Digital signature
Q-App
Expansion to Africa
Collaboration with Government organizations for Identity and other verification API (continued)

Q3 2019
2,000,000 users on the platform
Blockchain based E-Auction
Multilingual Support
Collaboration with public sector organizations
Expansion to USA and Australia
Collaboration with Government organizations for Identity and other verification API (continued)

Q4 2019
3,500,000 user club
Blockchain based E-Voting
Multilingual support (continued)
Tie up with top recruitment platforms
API for Digital Signature
Collaboration with Government organizations for Identity and other verification API (continued)

Q1 2020
5,000,000 users on the platform
Secure Partnership with organizations from fortune
500 companies for Identity & Background verification feature
Multi-Layer signature contract on Blockchain
Collaboration with Government organizations (continued)

Q2 2020
7,000,000 users on the platform
Blockchain based E-Voting
Multilingual support (continued)
Collaboration with Government organizations (continued)
Digital Signature Integration with pdf
Collaboration with Government organizations for Identity and other verification API (continued)

Q3 2020
10,000,000 users on the platform
Digital Signature Integration with MS (Word,Outlook)
Collaboration with Government organizations for Identity and other verification API
Custom Applications for Customers
Multi-Layer signature contract on Blockchain
Collaboration with Government organizations for Identity and other verification API (continued)

Q4 2020
12,500,000 users on the platform
Digital Signature Integration with Lotus Notes
Collaboration with Government organizations for Identity and other verification API
Collaboration with Government organizations for Identity and other verification API (continued)

Q1-Q2 2021
18,000,000 users on the platform
Digital Signature Integration with Apple
Digital Signature Integration with SalesForce
Collaboration with Government organizations for Identity and other verification API
Custom Applications for Customers

Q3-Q4 2021
25,000,000 users on the platform
Digital Signature Integration with SAP
Digital Signature Integration with Oracle/Peoplesoft
Custom Applications for Customers
Collaboration with Government organizations for Identity and other verification API