TIP Blockchain Project - Let's Take Cryptos To The Masses

in #ico6 years ago (edited)


Tip Blockhain

The Tip Blockchain project aims to popularize the concept of 'cryptocurrency' and 'blockchain technology' among the masses.

CHALLENGES ASSOCIATED WITH CRYPTOCURRENCIES


Though cryptocurrencies are gaining traction among the millennials, there are problems faced by crypto users. Some of the common problems faced using cryptocurrencies are as follows: -

A. Peer to Peer Cryptocurrency Exchange - Currently there are many hassles (including fetching wallet address of the receive) involved using cryptocurrencies which would not attract new users to accept and adopt cryptos. On the contrary, there are so many easier options to sen fiat currencies.

B. Acceptance of Cryptocurrencies by Small Businesses - Even if small businesses are ready to accept cryptocurrencies, there are challenges associated while placing an order (through cryptos as payment mode) over phone. There is a very high probability of error while reading out the store's crypocurrency wallet over the phone.

Due to these limitations, businesses are hesitant to adopt cryptocurrencies.

C. Contextual Information Around Transactions - If several orders are placed over the phone or by users scanning the business address QR code, imagine the time and efforts spent on reconciling the transaction details with customer' orders and it will be a total nightmare for store operators.

Now, here comes the solutions offered by "Tip Blockchain" to deal with such challenges associated with usage of cryptocurrencies.

TIP BLOCKCHAIN SOLUTIONS


The Tip Blockchain platform offers a host of solutions, such as: -

  1. Human Friendly Crypto Addresses - With Tip, users will be able to create human-readable names or aliases on their accounts and transact using these aliases.
    Each address on the Tip Blockchain is created from a cryptographic hash, similar to Bitcoin or any other cryptocurrency.

  2. Transaction Metadata - In addition to address aliases, Tip also provides the ability to attach arbitrary metadata to both accounts and transactions. It's like a special case of attaching metadata to an address.

  3. Discovery - The Tip Blockchain is a fully indexed, searchable platform. Users using Tip platform would be able to discover other users on the Tip Network by searching through the data using client applications.
    Decentralized apps (DApps) can be built on the Tip Network using RESTful API to discover information.

  4. Peer to Peer Instant Messaging - Using the instant messaging feature provided by the 1st DApp built on the Tip Network, users can directly send transactions from within messaging conversations.
    All messages will be exchanged over peer to peer connections without being routed through a centralized server.

  5. Point-of-Sale (POS) System - To deal with the challenges associated with the mass adoption of cryptocurrencies by retailers, the Tip Blockchain project has specific product built specifically for retailers.

The POS system developed by Tip will also include features such as: -

  1. Transaction Management
  2. Order Management
  3. Customer Management
  4. Sales Reporting and Analytics
  5. 3rd Party Integrations

For more details on how the Tip Blockchain solves the above referred challenges associated with cryptocurrencies, please refer section # 4.2 of the project's Whitepaper.

TIP TOKENS


The TIP Tokens will be the utility token used on the Tip Blockchain ecosystem. The Tip Blockchain platform will be hosted on the Ethereum Blockchain Network and the TIP tokens will be ERC-20 compliant tokens.

The Tip platform would allow an ecosystem where users would be able to purchase both digital goods and services along with tangible (physical) goods from merchants hosting their products on the Tip platform and accepting the Tip token.


Tip Token

TIP ICO DETAILS

  1. Symbol - TIP
  2. Hard Cap - 46,450 ETH
  3. Token Pricing - 1 ETH = 10,000 TIP, with 50% Bonus for early bird investors
  4. Maximum Token Supply - 1 billion TIP [The total token supply is fixed]
  5. No. of Tokens Available for Sale - 600 million BOLD (i.e. 60% of token supply)
  6. Payment Method - ETH
  7. Minimum Purchase - 0.01 ETH [For pre-ICO phase, it is 1 ETH]

[Note: - Currently, the bonus is set to 50% for early bird investors, further, it will reduce to 30% after the sale of 150 million TIP tokens. Thereby, the bonus offered would reduce by 10% for every 100 million TIP tokens sold]



TIP Token Distribution

Tip Blockchain Project - Funds' Allocation

TIP PROJECT' TEAM


The Tip Blockchain project team consists of professionals possessing vast professional experience in the fields of IT, blockchain technology, finance, technology, project management, business operations, business development, marketing etc.

The team members have been associated with Fortune 500 companies and global consulting firms, including "Deloitte", "J P Morgan" etc.

The Tip project is led by John Warmann [Founder and CEO], an entrepreneur, blockchain enthusiast and software developer with more than a decade experience in the field of building software systems and creating innovative technological solutions.

For more information on the Tip Blockchain project' team, please refer the following web link: -
https://tipblockchain.io/#team

CONCLUSION


Thus, the Tip Blockchain project is one of the most promising projects aimed to popularize the concept of 'cryptocurrency' and 'blockchain technology' among the masses, by solving the core challenges restricting the mass adoption of 'cryptocurrency' and the 'blockchain technology' in general.

For more information on the Tip Blockchain project, please refer the following links: -

*Website: https://tipblockchain.io/
*Whitepaper: https://tipblockchain.io/docs/Tip%20Blockchain%20-%20Community%20Whitepaper.pdf?x11447
*Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4348249.0
*Telegram: https://t.me/TipBlockchain
*LinkedIn: https://www.linkedin.com/company/tip-blockchain-network
*Twitter: https://twitter.com/TipBlockchain
*Medium: https://medium.com/tipblockchain
*Facebook: https://www.facebook.com/TipNetworkio
*Instagram: https://www.instagram.com/tipblockchain/
*Reddit: https://www.reddit.com/r/TipBlockchain


Published by 'Sameer S'
BTalk Profile URL: - https://bitcointalk.org/index.php?action=profile;u=1978491
BTalk Username: - 'samdude'
Telegram ID: - @Sameer_R


Disclaimer: - Kindly conduct your due diligence before making your decision on this project from the investment and legal perspective.

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