Po8(piece of eight) advancing Marine Archeology Using Blockchain
Many of shipwrecks happened in the Old Bahamas Channel. The channel is located between Cuba and the Bahamas, so there was a lot of naval activities there. This made heavy loads of gold, silver and jewels be lost in the channels and, up until now, be considered lost forever. The company was inspired by the idea of salvaging artifacts to give them back to the Bahamas.
Introduces you to PO8, what is it? and how it works?, you can find the answer by read this article!
ABOUT PO8
PO8, you can found it online at https://po8.io/, is a blockchain ecosystem adjusting and reorganizing the marine archaeology manufacturing. The Bahamian startup company is making marine archaeology, include in, treasure hunting more inclusive and decentralized. People around the world can participate in treasure hunting expeditions through the tokenization of search and recovery efforts. Through PO8 decentralized applications (DApps), PO8 provides secure, transparent and cost effective blockchain solutions.
The company scalable technologies take ocean exploration to new heights. PO8 is eliminating barriers to entry for people who want to participate in marine archaeology projects, and the decentralizing the distribution of recovered treasures.
PO8 offers three main solutions of marine exploration to new heights in looking for historical artifacts, and give reorganized explanations to registration, authentication, and transfer of the international most prized artifacts. Those three solutions are:
1. PO8 constructs intelligent contracts to provide any person with a chance to take part in searching and recovering of treasures and be rewarded for performing bounty tasks aiding recovery power.
2. PO8 creates a blockchain artifact registry system ensuring authenticity of artifacts.
3. PO8 establishes a safe and transparent reorganized auction house ensuring responsible commerce of artifacts. This allows P08 to auction off a fraction of the recovered treasures and, then, the free sourcing of the space to anyone looking to construct their unique auction for high-end artifacts and treasures on the blockchain. PO8 wants to increase the criterion of fineness in under water recovery searching. Its aim is to focus on the recovery and conservation of these items while also maintaining the integrity of the marine environment in which they are found.
PO8 PRODUCTS
1. Maritime Artifact Data System (MADS)
For the first time ever, anyone from around the world can help in the search and recovery efforts of long lost artifact treasures. Simply participate and complete any of bounty tasks and earn free tokens. Bounty tasks include but not limited to analyzing data such as sonar, magnetometer, geo mapping, historical records, weather patterns, video feeds and more.
2. Historical Open Auction Platform (HOAP)
The company is creating a whole new way of transferring high value assets in a secure, cost-effective and transparent manner on the blockchain. The decentralized auction is an open source platform, making it easy for anyone to get the most value for their prized possessions.
3. Government Artifact Auction System (GAAS)
The GAAS platform serves as a secure escrow service allowing governments, museums and non-profit organizations to register and authenticate artifact treasures to buy, sell and auction historical artifacts between one another. All users of the platform are validated to ensure they are government entities.
4. PO8 Historical Artifact Registry System (PHARS)
PHARS is a decentralized registry platform used to identify historical artifacts and certify their authenticity, through the creation of unique signature identifications that live in the blockchain indefinitely.
PO8 works with the marine archaeology ecosystem, this ecosystem is based on the Ethereum Blockchain. It uses the Ethereum smart contract to interface with the marine archaeology ecosystem. PO8 makes it possible for easy scouting, searching and recovery of lost artifacts. PO8 also makes the distribution of the recovered artifacts decentralized. PO8 encourages the preservation of the ancient relics, also providing a safe and convenient medium for auction of artifacts to be performed. The PO8 means of exchange are the PO8 token and Silver sub-token.
PO8 has solid technologies. Technologies such as Blockchain technology usage(BTU), Decentralized Auctions, Maritime Artifact Data System (MADS), Client applications and Backend Systems. These technologies aids in the smooth running of PO8 platform. The most essential of these technologies is the Client applications, as this will be the enabling interface with the user. The client application technology comprises of the ERC20 Full Wallet, Buyer Client App, Seller Client App and the Data Mining App.
ERC20 Wallet is a wallet which makes use of the Ethereum smart contracts to be able to hold any token such as the PO8 and silver tokens. Buyer Client App aids users to be able to participate in auctions to buy historical artifacts. Seller Client App provides a safe and transparent system for the seller to sell or put historical artifacts up for auction with the aid of the Seller Client App using smart contracts. Data Mining App is also available for miners who wants to earn the tokens for performing servals tasks and getting rewards based on the quantity of PO8 tokens they possess. All these makes PO8 interface user friendly.
WHAT IS GAAS
Government Artifact Auction System (GAAS)
The GAAS platform serves as a secure escrow service allowing governments, museums and non-profit organizations to register and authenticate artifact treasures to buy, sell and auction historical artifacts between one another. All users of the platform are validated to ensure they are government entities.
WHAT IS PHARS
PO8 Historical Artifact Registry System (PHARS)
PHARS is a decentralized registry platform used to identify historical artifacts and certify their authenticity, through the creation of unique signature identifications that live in the blockchain indefinitely.
TOKEN SALE
TOKEN STANDARD
ETHEREUM ERC20
COST PER TOKEN $0.012
TOTAL HARDCAP $30M USD
TOTAL SOFT CAP $10M USD
TOTAL TOKENS 10,000,000,000
AVAILABLE TOKENS FOR SALE 6,000,000,000
DATES PRE SALE
MIN INVESTMENT 50ETH, 25% BONUS
Starts June 15
CROWD SALE
TBD
ROADMAP
Q3 2017
Registered and established Bahamian Corporation
Historical Research on Nuestra Senora de las Maravillas, PO8’s maiden exploratory mission
Q4 2017
Granted Abandoned Shipwreck Salvage License by Government of The Bahama
Assign key advisors
Q1 2018
Creation of PO8 Ethereum based smart contract and wallet
Launch private sale
Q2 2018
Launch pre-sale
Launch Crowd Sale
Exchange Listing
Begin development of MADS Wallet
Begin development of MADS Blockchain Algorithm Database
Historical data collection of charts, tides, hurricane and other natural disturbances
Submersible drones to collect structural and metallic underground anomalies
Q3 2018
Satellite Imaging Data Collection
MADS Wallet available – beta version
MADS Blockchain Algorithm Database available – beta version
Data mining information collected
MADS token awarded to wallets
Q4 2018
Present to Bahamian Government area of interest for commercial salvaging
Q1 2019
Exploratory submersible drones deployed
Salvage teams and divers deployed
PHARS, HOAP and GAAS Dapps available – beta version
Q2 2019
Salvage teams and divers search
Continuation of data mining and readjusting area of interest
Q3 2019
Salvage teams and divers search
Continuation of data mining and readjusting area of interest
FOR MORE INFORMATION:Web: https://po8.io/
Whitepaper: https://po8.io/PO8Whitepaper.pdf
Medium: https://medium.com/@po8
Reddit: https://www.reddit.com/user/TeamPO8/
Twitter: https://twitter.com/PO8Coin
Telegram: https://t.me/joinpo8
Facebook: https://www.facebook.com/po8tech/
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