Blockchain 4.0 Here To Stay (Multiversum ICO Review)

in #steemit6 years ago

2018-05-24 at 05-22-16.png

Blockchain development since the inception have undergone from one generation to another. The first generation of blockchain tagged Blockchain 1.0 introduced by Satoshi Nakamoto gives rise to peer to peer value transfer in a distributed ledger system with Bitcoin the first of its kind.

The second and third generation of blockchain which is tagged Blockchain 2.0 and Blockchain 3.0 respectively which was introduced by Vitalik Buterin gives rise to smart contract implementation with Ethereum the first of its kind and the later tries to address the scalability issues been encountered in the former.

These generations of blockchain have continued to center around value transfer and smart contract implementation which makes it hard for Administrative, Industrial, Financial and Governmental use. There is need to address these issues to create a blockchain that would carry these sectors of economy along and there is need for another generation of blockchain to address the issue which should be blockchain 4.0. There has been some blockchain project which claims to be blockchain 4.0 in the past but they have as well failed to meet the demands and requirements of the blockchain 4.0 which includes:

  • High security level
  • Easy on-boarding of existing data
  • Complex Data Structuring
  • High optimization
  • Speed
  • Disaster recovery
  • Eco Friendly
  • And lots more

The search for the blockchain 4.0 to address all these issues and carry every sector of economy along is over as Multiversum is here to stay and to solve all the issues been faced by other generations of blockchain. For this article I will be reviewing Multiversum project for investment opportunity. In my next article I will discuss technical part of Multiversum. So let's get started.

What is Multiversum

Multiversum is an evolved blockchain technology, offering unique features to overcome the previously analyzed inconveniences, with a set of crypto-validation and distribution techniques fit for every environment: Administrative, Industrial, Financial and Governmental [https://www.multiversum.io/index.php#white-paper].

Multiversum like any other blockchain technology except that Multiversum have built in many features that would allow Administrative, Industrial, Financial and Governmental institution to easily use their blockchain to further enhance their institutional performance, data integrity and security level of their institution.

So Why Invest In Multiversum Project?

Like I did mention previously the essence of this article is to review Multiversum project and see if the project is worth investing because currently their door is open for anyone that would want to invest and be part of the Multiversum project. Let's get down to review.

Finding the right blockchain project to invest into is very tasking and as we all know investing into blockchain projects is a risky venture and one have to be very careful when choosing projects to invest into. For this article I will look at four key things I normally consider in any blockchain project before making my decision. I will be highlighting them one after the other.

The Product

The first thing I look out for in a project is the product the project is looking to build. Is there a product yet? Most projects are all ideas on a white paper. Multiversum case is different, Multiversum already have a working product which is available for test, with libraries and Free SDK ready for the developers to start building and integrating on their various projects also their Android and iOS app which is downloadable at app is also ready for sending and receiving payment on the test net.

It is worthy to note that I perform a few transactions with the Android app and my transaction went through pretty fast and I was able to track it on the blockchain using their explorer which is found at https://explorer.multiversum.io/. This alone convinced me about Multiversum project.

Multiversum Team Members

A search on the team members gives me even more confidence about the Multiversum project because the team is made up of people who have work and gained strong experiences and knowledge in their previous place of work and their different endeavors. The founder alone Andrea Taini have worked in many tech giant such as KBC Bank & Verzekering, IBM, Ericsson, MICROS Systems Inc. which was later acquired by Oracle etc., this shows the kind of quality and connection he will bring to make Multiversum project a success. Overly I am rating Multiversum team very high and I believe they will deliver on the Multiversum project and for real they are here to stay.
Find out more about the Multiversum team https://www.multiversum.io/team

Multiversum Token Metrics (Token Allocation)

Token allocation is normally how the project will share the tokens that will be generated during the token generation event and Multiversum will have a total supply of 141,000,000 MTV token and the allocation is as follows:

  • 76% Contributors
  • 15% Founders and team (vesting period of 12 months)
  • 6% Collaborators
  • 3% Advisors, Partnership

Looking at the Multiversum token allocation shows the team really have the investors at heart because the investors have the highest percentage of the tokens which means the project is really for the community because the 76% of the tokens ends up in the hands of the investors and will be in circulation for up to 1 year because the founders and team tokens are locked for 1 year. Most projects will raise millions of dollar from the public and still allocate the highest tokens to the team and founders. I must say Multiversum token metric is really a very good one.

My Conclusion

After researching and reviewing Multiversum project, I have no doubt in my mind that this is a wonderful project because Multiversum project score very high in my score sheet by my standard way of judging blockchain projects / ICO and i am rating Multiversum project very high and I am going to have their token for a long term HODL.

Multiversum Token Generation Event And ICO Information

Token Sale Is Live Now

Token Sale Ends : 10 Jun 2018

Token Name: MTV

Token Type: ERC20 Token

ICO Token Price: 1 MTV = 1.00 USD

Hard cap: 35,000,000 USD

Soft cap: 5,000,000 USD

Total Token Supply: 141,000,000 MTV

Token Available for Public: 76%

Bonus Allocation: Up to 20 %( Depending on the time of purchase)

KYC/AML: Yes

Method of Contribution: ETH

Multiversum Official Contact And Channels

Website: https://www.multiversum.io/

Whitepaper: https://www.multiversum.io/index.php#white-paper

Telegram: https://t.me/MultiversumOfficial

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

Twitter: https://twitter.com/MultiversumBC

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

Medium: https://medium.com/multiversumbc

Disclaimer:
This is not a buy / hold or financial advice I am just sharing my personal opinion on ICO's. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money

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Wonderful review you have here... I will look to invest in this one. Thank you

Thanks for your comment and your support. Thank you.

interesting project. happy to learn about it.

Thanks for your comment. I am happy you learn

I have taken time to go through the project and I must say, it's really a great project to go for. Thanks for bring it to my notice.

I am glad you did. And thank you for always commenting.

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