ALFA-ENZO

I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know’s, I always carry you along with any information about good crypto related projects through my blog.

INTRODUCTION:

An initial coin offering (ICO) or initial currency offering is a type of crowdfunding using cryptocurrencies. In an ICO, a quantity of cryptocurrency is sold in the form of “tokens” (“coins”) to speculators or investors, in exchange for legal tender or other cryptocurrencies such as bitcoin or ethereum. The tokens sold are promoted as future functional units of currency if or when the ICO’s funding goal is met and the project launches.

An ICO can be a source of capital for startup companies. ICOs allow startups to avoid regulatory compliance and intermediaries such as venture capitalists, banks and stock exchanges. ICOs may fall outside existing regulations, depending on the nature of the project, or be banned altogether in some jurisdictions, such as China and South Korea.

ICOs have been prone to scams and securities law violations. Fewer than half of all ICOs survive four months after the offering, while almost half of ICOs sold in 2017 failed by February 2018. Despite their record of failure and the falling prices of cryptocurrencies, a record $7 billion was raised via ICO from January-June 2081

The first token sale (also known as an ICO) was held by Mastercoin in July 2013. Ethereum raised money with a token sale in 2014, raising 3,700 BTC in its first 12 hours, equal to approximately $2.3 million at the time. An ICO was held by Karmacoin in April 2014 for its Karmashares project.

ICOs and token sales became popular in 2017. There were at least 18 websites tracking ICOs before mid-year. In May, the ICO for a new web browser called Brave generated about $35 million in under 30 seconds. Messaging app developer Kik’s September 2017 ICO raised nearly $100 million. At the start of October 2017, ICO coin sales worth $2.3 billion had been conducted during the year, more than ten times as much as in all of 2016. As of November 2017, there were around 50 offerings a month, with the highest-grossing ICO as of January 2018, being Filecoin raising $257 million (and $200 million of that within the first hour of their token sale).

Kik had previously issued $50 million in tokens called “Kin” to institutional investors, and sought to raise an additional $125 million from the public. In connection with this ICO, an unidentified third party executed a phishing scam by circulating a fake URL for the offering through social media.

By the end of 2017, ICOs had raised almost 40 times as much capital as they had raised in 2016, although still amounting to less than two percent of the capital raised by IPOs. According to industry newsletter Cointelegraph, companies raised around $6 billion via ICOs in 2017; 37% of that amount was made by only 20 ICOs. Already by February, 2018, an estimated 46% of the 2017 ICOs had failed.

ICOs are sometimes called “token sales”. Amy Wan, a crowdfunding and syndication lawyer, described the coin in an ICO as “a symbol of ownership interest in an enterprise — a digital stock certificate” stating that they are likely subject to regulation as securities in the U.S. under the Howey test.

Ethereum is (as of February 2018) the leading blockchain platform for ICOs with more than 80% market share. Tokens are generally based on the Ethereum ERC-20 standard. According to Cointelegraph the Ethereum network ICOs have resulted in considerable phishing, Ponzi schemes, and other scams, accounting for about 10% of ICOs.

On January 30, 2018, Facebook banned advertisements for ICOs as well as for cryptocurrencies and binary options. By April 9, 2018, ICO advertising has been banned not only by Facebook, but by Twitter, Google, and MailChimp.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called:ALFA-ENZO

ALFA-ENZO

ALFA-ENZO network platform is a new blockchain based project in pole rank to develop what is proposed as the first mass-market cryptocurrency. The platform aims to establish that through the provision of a standard unmatched distributed commerce ecosystem that will solve the problems that are in place. The project platform has come with the solution specially built to meet the speed and scalability required for mainstream utilization. By such providing properties like quickness and intuition for all users on the platform.

Furthermore, The Alpha-enzo platform seeks to make transactions on the blockchain easier, better and for users to optimally utilize the blockchain potentials. Alfa- enzo is developing an open network that delivers better decentralized applications, protocols and ecosystems that can exercise a high global appeal user- base with flexibility and top-notch user experiences.

Alpha-enzo is an innovation with a super-enhanced design to aid massive adoption by relying network effect to offer cryptocurrencies. Alpha-enzo platform works on services by offering clients future entrance to the field of online advertising.

The Vision

Each user should be able to sell, buy, store funds, quietly use decentralized applications, but there is no platform that would implement it. (Creating revolutionary platform)

Fast and secure data transfer. Data processing speed. Any user wants to have quick access to the content.

Dissemination of information about cryptocurrencies should acquire a viral character. With the help of social networks and other information mechanisms, people need to be explained that we have entered a new digital age and the blockchain system is an integral part of it.

The Problem

Consumer data being collected and shared without user consent and Coins are not backed by a universally acceptable value basis.

Advertisers not getting sufficient ROI.

Decreasing publisher revenue is leading to low quality content which shows No easy way exists to use crypto for goods and services

Too many middlemen - Data middlemen, traffic middlemen, and ad middlemen. All are driving up costs and contributing to excessive consumer ad overload.

Most business marketing research never gets done, because it is cost prohibitive.

The Solution

Alfa-Enzo is the solution to problems by building a hyper-agile solution to steward the most useful distributed platform in existence

User Control

Give users the right to opt-in to specific industries, and only share data they are comfortable sharing

Transparency

Built for speed, convenience, scale, and privacy and Data transfers and money transfers are openly viewable

Free Unbiased Data

Give advertisers the ability to choose the appropriate media outlets, without paying hefty upfronts

Community Oversight

Data collection and sharing should use open-source auditable code

Compensation

Compensate users for their time and trust. Time is the oldest first-principle concept.

The EON ecosystem

To attract a global audience we need to develop utility that will bring interaction between partners to a new level. EON(ENZO OPEN NETWORK) is an innovative ecosystem that allows people and data to function as a single market in time, while data can be managed by private blockchain. EON should provide transparent and fast data transfer system, as well as reduce the network-wide load. To achieve this goal it need the following:

Ecosystem participants completely control their data, because each user receives a private blockchain tied by a master chain.

EON combines proof of work and share to create an activity cost function that gives each member of the network chance to get Enzos tokens.

EON miners earn Enzos by helping CAPTCHA, which enables the processor to conduct transactions and add them to a public order.

To guarantee lightning-fast transactions between two members of the network, EON uses offline channels associated with the smart-contract.

For transaction verification, you can call the Samaritans. Samaritans are equivalents of knots. The Samaritan Protocol requires adoption of a node and is organized by a smart-contract.

This protocol is called "handshake" and serves to exchange real goods, as well as to ensure security when meeting face to face.

AlfaEnzo ecosystem consists of several elements:

Alfa

This is a mobile application. It is a type of messenger that allows you to communicate using peer-to-peer messages. A prototype mobile app is already running on iOS.

Push

This is a social advertising platform built on the principle of self-service by users. It very accurately defines the targeting and delivers the advertising message with 90% probability of click.

Vallet

This is the wallet that is attached to each application in the EON system. The wallet allows users to create their smart contracts for secure exchange of anything.

The ENZO (NZO) Token

EON offers its own Enzo (NZO) token with a saved internal value. This token will be provided by time, so its value can not be inflated or depreciated. Developers want to correctly assess, measure and reward users for their human time resource. The value of token is related to network ecosystem effect. NZO token is equivalent to 365 days with daily units in Zs. Distribution of tokens depends on participation. As more and faster network grows, as more expensive token becomes.

Token Details

Token: NZO

Standard: ERC20

Platform: Ethereum

Token Supply: 21,000,000,000

ICO

Token sale period: 4.07.2018 - 4.07.2019.

Pre-sale will start at 0.04 USD per token and will change throughout the year.

Stayed tuned for more posts on Alfa Enzo

For more information, please visit:

Website: https://www.alfaenzo.io/

Whitepaper: https://www.alfaenzo.io/libs/pdf/blackpaper.pdf

Telegram: https://t.me/whenenzo

Twitter: https://twitter.com/alfaenzo

Facebook: https://www.facebook.com/enzonetwork

Medium: https://medium.com/alfaenzo

Reddit: https://www.reddit.com/user/alfaenzofoundation/

YouTube: https://www.youtube.com/channel/UCsfKqraAZ5rQDVqX9i1XaUQ?view_as=subscriber

Bitcointalk username:Samuel321

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Alfa enzo campaign project