ADVISORY NETWORK - Blockchain based Consultant Software

funkyies (0)(1)in #blockchain • 6 years ago

Hello to all and welcome to my ICO review . For those of you who don't know me yet, let me introduce myself. My name is Funke and I'm an experienced writer who enjoys what he does very much. I'm here to give you all the information you might need or want about the Newest Blockchain based Consultant Software. I plan to make them “easy read, to the point” because what's important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.

Today, let us all learn and experience together all about ADVISORY NETWORK . If you don't know anything about them, don't run away, that's why I'm here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it's best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.

AdvisoryNetwork offers connection solutions between organizations and individuals that provide advisory services for end users through voice calls and video calls. AdvisoryNetwork is Blockchain Software as a Service (BSaaS) that provides a Business to Business to Consumer (B2B2C) model, where:

AdvisoryNetwork provides software solutions for service providers and end users.
Service providers supply consultancy services to end users, they need to update their information about services, experience, advisors, and advisory rates per call minute.
End users easily find the right service provider, and know the service rate for each advisory minute before consultancy. Consultancy can be done by voice call or video call.

I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind ADVISORY NETWORK”. If the team behind the product or service in question haven't the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:
Who are the people/team behind this?

What experience and knowledge do they possess?

Okay, so, because I've already done all the research needed beforehand and thoroughly ADVISORY NETWORK I can very happily confirm that this company has a fabulous team onboard. Here they are:

AdvisoryNetwork includes the following main components:

AdvisoryNetwork Management Platform: Backoffice system manages tenants (organizations, individuals who want to implement online advisory services), company profile and advisors as well as call costs.
AdvisoryNetwork Hub: The mobile/desktop app enables the end users to easily search for online advisory services, view company profile, individual advisor information and call rates per minute, and finally make a voice/video call to the advisor.
AdvisoryExpert: mobile/desktop app is for service advisors to receive and answer calls from end customers.

DECENTRALIZED APPLICATIONS (dApps)

With traditional applications, a server is used as a back end service for front end tiers, which can easily cause denial of service attacks, security attacks. In other words, this server unintentionally becomes a single point of failure of the system.
Therefore, the Ethereum decentralized application is used to help resolve the above limitations. As a result, a backend service is deployed in the form of a smart contract running on ethereum nodes, which enables the service to run non-stopable, prevent the denial of service attacks, and ensure the sercuirty at highest level.

Implementing the backend in the form of dApp brings many benefits, but the storage and updating of data in dApp requires computation fee, which means that if the more data is stored and the more logic computation is done, the higher transaction fee is needed. Therefore, we propose a hybrid solution that combines the decentralized application and the centralized application, where:

Decentralized applicaton provides minimal service while still ensuring the system can operate without a centralized application.
Centralized application provides extended services, supports system administration, and provides additional information. When Centralized application is down, the system can still work, but the extended information will not be accessible.
ETHEREUM CONGESTION

Occasionally, Ethereum network is overloaded due to too large number of transactions, which results in delayed execution of StartCall method of Smart Contract. To overcome this issue, a Lighning Network protocol is used to enable transactions in the Ethereum network, thereby minimizing transaction costs.

ICO DETAILS

Token Information

TOKEN ALLOCATION

Token lock

To ensure our commitment to the roadmap, all team tokens will be locked for 3 years. This is part of ensuring that the plan is properly implemented under the commitment.

Note: Only the founder token is locked to ensure a commitment to build the product. The investor token is not locked.
FUND ALLOCATION

Most of the funds are used to develop products.

ICO Timeline

The accepted currency during the ICO is Ether and BTC
4 Million USD.
If Hard Cap of each period is reached sooner, next period will be taken automatically.
If the Crowdsale campaign does not reach SoftCap, all funds will be returned automatically to the ADN holders by the Ethereum smart contract.
ICO pre-sale

ICO public-sale