The entry of the Memority digital solution to the blockchain ecosystem has been described by trusted experts as another value proposition that will add to the existing impetus on the space. Memority has come to stay as a platform that consents to users’ quest to stock encrypted data on a blockchain, linking the technology's inbuilt security and stability with the functionality of cloud storing.

The project has the cardinal objective of creating a decentralized cloud storage platform where customers can earn rewards via allocation of the physical memory of their devices. Even enthusiasts of the blockchain movement are of the opinion that Memority has all the trappings of a rational opportunity for investors. With a workable objective which is expected to benefit the masses on a larger scale, investors will not regret investing in this revolutionary Memority project on a full scale.
Memority is bringing a value proposition that is positioned to bring about a far-reaching innovation in the data storage ecosystem, placing in the front burner more protection more than any other establishment in the space. Interestingly, holders of 10,000 and more tokens are a privilege to access the proof of authority mining and this is gotten seamlessly devoid of any costly tools as the prerequisite.

MEMORITY IS REVOLUTIONARY

Considering the fact that Memority is not the maiden blockchain data storage facility, a cursory look reveals it performance leaves behind others in the same field when looking extensively at its own security apparatus in terms of solidity. Stowing multiple copies of a file and creating an ecosystem of applications to enhance the network of hosts and users differentiates this startup from its competitors.
Memority presents a remarkable idea, and its vigorous presence on social media platforms suggests that the project has attracted widespread interest. With competitors in the same endeavor, Memority has a huge advantage and a value proposition with its release of an API that will find the service used in distinct applications.
Memority’s value proposition is not just huge but far-reaching than those of its teeming contenders, it provides a concept with great business model and MMR token creates an opportunity for stable long-term income.
MEMORITY BASICS
Memority brings a value proposition and offers a data storage platform with huge innovations that ensure it is low-cost, more safe and sound.
Looking at the semantics, every data is stored in the form of several and a minimum of ten, encrypted copies in unconnected storage locations around the world. Consumers who provide storage for the files receive disbursements from individuals who store their data. Interestingly, when you act as a host yourself, files can be stored for free.
Basically, having custody of multiple copies safeguards data from accidental obliteration and avoids a situation where the data is misplaced when a node that hosts it leaves the system. Invariably, the system always checks the availability of more than ten copies and creates new if some were deleted. In this stead, this allows Memority to store files virtually forever, even without external administering.
Data is safeguarded by an exclusive key that only the data holder has. The procedure of encryption, confirmation, and certification is a decentralized and not centralized authority that has access to it.
So the issue is that Memority emboldens third-party developers to make apps on their platform to generate a network of data storage applications. Similarly, it affords an API and offers financial reward in the form of a part of the income the platform receives from payments completed for data downloaded with the apps in the space.
In other words, token owners that have in stock over 10,000 tokens on their account can participate in Evidence of Right. That means it is not mining in the regular permutations because no new tokens are created. The miners receive a mining fee, which is 5% of the payment for all the files that are stored in the block they generated.

FUNDAMENTAL FEATURES OF MEMORITY

The Memorita platform has some crucial fundamental features that is instrumental in providing that very crucial extraordinary security that makes Memority a game-changer in the data storage solutions space; this includes encryption where the entire users files laden into the system are encrypted with a remote key only their possessor has in stock, in view of this, no one has the ability to access and view what is contained.
Memority has another feature that safeguards from unintentional erasure and falsification. The system continuously generates 10 copies of the stored file on self-regulating storage locations globally and then observes their accessibility, reliability, and genuineness. The platform is leveraging on the blockchain, hence the database stores exclusive hash identifiers of data that are repeatedly checked for possible imitations or counterfeit.
Trusted experts have also given rave reviews to Memority over the motivation apparatus for the hosters for providing their disk ecosystem; Interestingly, hosters can possibly store their personal data without charges or receive in-house MMR tokens, used for every functionality inside the space.

MEMORITY TOKENS DISTRIBUTION DETAILS

According to infographics, the Memority ICO has effective plans to alot its tokens in the following order
10% tokens are planned to be distributed to the Reserve fund of the ICO
53% tokens are planned to be distributed to the Token sale of the ICO
02% tokens are planned to be distributed to the Bounties of the ICO
15% tokens are planned to be distributed to the Team members of the ICO
04% tokens are planned to be distributed to the Public presale of the ICO
15% tokens are planned to be distributed to the Seed investors of the ICO
01% tokens are planned to be distributed to A quitearly miners of the ICO

CONCLUSION
The Memorita project represents the future of the blockchain technology. Quite interesting aspect of this project is that Data holders obtain a top-notch protected and decentralized storehouse. where they can be rest assured of zero access by anyone close to their files, thereby averting any loss anywhere in the course of the entire paid storage time

THE TEAM:

I cannot end this without commending the team that conceptualized this project, with a vastly experienced team that can hold their own in the tech world. A little history down the lane indicates that the Memority development group is based in Estonia. comprising technocrats and employees working in accounting, software development, marketing among others.
For more insight about the Memority project, please click on the links below:
For more insight about the Memority project, please click on the links below:
Website: https://memority.io/
Github: https://github.com/Memority/memority
Facebook: https://twitter.com/frvrty
Bitcointalk: https://bitcointalk.org/index.php?topic=3952669
Medium: https://medium.com/@memority/
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority

Author's Bitcointalk Username: Jannyh
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1883625