ENDO: Blockchain Protocol For Secure Data Verification
I welcome you my dear subscribers and readers. Today we will talk about a very technological and interesting project, ENDO, that is all set to provide a fast, simple, and secure way to verify products authenticity and other services.
Lately, a steadily increasing number of ICOs are being launched, and consequently, there is an increase in problems that plague these kinds of investments, such is the mistrust that potential investors have in the Crypto-Asset industry, because it’s somehow hard to differentiate between a legitimate and illegitimate ICO project. As a result, even high quality and legitimate startups or existing companies struggle to have a successful ICO.
This calls for many stages of verification and due diligence to ensure that an investment is sound, well-organized and have general quality assurance. As a Crypto-Assets writer and enthusiast, it’s a must to carry out research/due diligence in validating the legitimacy of an ICO project before writing on or recommending it. I have a number of questions I ask and things I look out for in an ICO project before I could give such a project a yes-yes. One of the things I look out for is “the Goals, the Team and the Partners” of the project. And in this particular ICO project I’m writing about, it’s a yes-yes. Trust me, this is a great project.
I personally have done a lot of digging on ENDO token and I am yet to find any major red flag that would make me give up on investing in their ICO. Knowing how much the core members of the team have sacrificed to build everything from the ground up gives me more hope about the company as a whole. ENDO reputation speaks for itself and is strongly supported by various facts and by real business model that works every day. By investing in the project you can be 100% sure of the reliability of your investment, as you invest into business with real assets and real people.
ENDO venture is a piece of the blockchain information administration part, making the open doors endless. Actually, ENDO does not have any desire to make an item, but rather an administration, ready to be utilized with straightforwardness by application designers who plan to actualize the "acknowledgment" stage.
ENDO is a develop venture with a relatively prepared stage (MVP), where it is conceivable to as of now enlist LINK by testing the dynamic modules in testnet, for example, ENDO Documents and ENDO Workflow. The center of the stage, has a most extreme preparing rate of 65,000 exchanges for every second. At present the item is in testnet on a few modules and will dispatch the mainnet on all modules toward the finish of 2018, and afterward have the capacity to interface with more blockchain in 2019, in conjunction with the dispatch of the devoted application.
The task has been a work in progress since 2013 and went up against a develop perspective in 2017, when it was chosen to sort out gathering pledges (ICO). Numerous long periods of advancement for a task that guarantees to be effective.
ENDO is an administration is the stage that makes an interface layer between the most well-known blockchains and applications, delivering specially appointed APIs. The motor on which the stage moves comprises of a self-ruling blockchain which, by methods for a convention, interfaces with Bitcoin, Ethereum and, in 2019, likewise with savvy contracts on EOS, and hence connects with information stockpiling frameworks more secure as Dropbox and Google Drive or decentralized like Storj, IPFS, and so on ...
What makes Endo so novel?
Alongside its extraordinary security techniques, which incorporate hashing of information and encryption with a private key. Any individual who needs to impart data to another client can do this with Blockchain innovation, which considers in excess of 65,000 exchanges for every second.
Endo flaunts an extensive variety of clients for whom their protected stockpiling and exchange framework would be important. From law offices to colleges and airplane terminals, wherever secure capacity and information exchange is required at a similar speed and security, Endo happens in its framework.
ENDO: Utility token
EToken (ET) is an inner stage token of ENDO which is an utility token. This is the main methods for trade that can be utilized to pay for checking and trading the information. Moreover, these tokens will be utilized for check of information, to vote in favor of the advancement of a convention, and to invigorate the designers.
The group additionally took the abnormal state unpredictability inalienable in the token incentive into thought. To handle this issue, the cost of administration will be fixing to the dollar. As put by the organization,
"When you change the cost of the token, which is dictated by free sources, the quantity of administrations rendered per one unit of the token will change. In this manner, paying little respect to the cost of the token, this won't antagonistically influence the request, and its quality on the stage will develop."
Backing innovation: Ethereum-based blockchain
The venture depends on the prevalent stage to direct the ICOs i.e. Ethereum blockchain. Later on, ENDO will likewise be coordinating the EOS blockchain that signifies "savvy EOS contracts will exist as applications on the ENDO stage."
With respect to the guides, however the group hasn't posted any names yet, as per their site, the 6 consultants will be reported soon. It additionally takes after KYC systems to guarantee security and administrative consistence.
Token Distribution
The aggregate token supply is 100 million at the cost of $0.375 per token that will be later sold in retail with $1 value esteem.
A major piece of the token i.e. 40% will be utilized in the token deal. Boost +C-pool is assigned 15 percent while another 15 percent goes to the liquidity finance. The group and guides will get 14 and 12 percent separately. The rest of the 4 percent is partitioned, 2 percent each, amongst abundance and referral.
For more info.pls visit the site below:
Site: https://endo.im
White Paper: https://endo.im/whitepaper
Telegram: https://t.me/endo_en
Facebook: https://fb.me/endoprotocol
Twitter: https://twitter.com/endo_protocol
Author: thegracey
BTT Profile URL: https://bitcointalk.org/index.php?action=profile;u=2073243
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