SMILO PLATFORM : THE HYBRID BLOCKCHAIN PLATFORM WITH A CONSCIENCE
Hello Golos Community, in this article I will present an interesting ICO analysis, called SMILO, based on the following criteria:
THE HYBRID BLOCKCHAIN PLATFORM WITH A CONSCIENCE:
HYBRID
Smilo facilitates hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private.
SUSTAINABLE
Smilo is an eco-friendly blockchain platform through our advanced Smilo BFT+ protocol.
SCALABLE & FAST
Over 100 times faster than Ethereum and other platforms by our unique Smilo Network protocol and Smilo BFT+ consensus.
DECENTRALISED
Fully decentralized and open network available to everyone.
AFFORDABLE
Smilo transactions require a fragment of other transaction fees.
ETHEREUM COMPATIBLE
100% Solidity and web3.js compatibility, allowing easy and fast adoption.
Smilo is a unique full-featured hybrid blockchain platform that will be able to facilitate hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private. As such, Smilo will safeguard the privacy of any individual's data whilst warranting full transparency from the organisations that these individuals interact with.
Smilo is based on the unique and self-made Smilo BFT+ consensus protocol. This consensus algorithm combined with the exclusive Smilo Network Protocol (SNP) ensures secure, scalable, quick, and sustainable transactions. Considering these features, we call Smilo our hybrid blockchain platform with a conscience.
MISSION & VISION
OUR VISION
Our vision is to facilitate a culture of transparency by making collective data irreversible and publicly available, whilst protecting personal data.
This will significantly limit the chance of corruption whilst simultaneously acknowledging the need to protect the individual’s data. A decline of middle men will occur due to the irreversible nature of Smilo’s user-friendly hybrid smart contracts.
The combination of public and private transactions on one blockchain platform, based on the Smilo Network Protocol in combination with the Smilo BFT+ consensus mechanism, defines Smilo as a hybrid blockchain platform with a conscience.
OUR MISSION
Our mission is to create an environment in which the consumer's need for privacy and security will be aligned with the processes of governments, NGOs, financial institutions and corporations. This will be accomplished by warranting full accountability and transparency from corporations, whilst safeguarding the consumer’s needs.
This environment will be hosted on Smilo’s decentralised, secure, fast, and sustainable hybrid blockchain platform. Not to mention, Smilo will make their source code publicly available, meaning that future blockchains, organisations and their applications can apply it to their specific needs.
TOKEN DISTRIBUTION
PRIVATE SALE
- Incentive: Variable; max 50% bonus tokens
- Status: OPEN FOR BUSINESS
- Min investment: $25.000
- Vesting period: Variable; 3 - 12 months after mainnet
- Currency: USD, EURO, ETH, BTC
PUBLIC SALE
- Incentive: 0% bonus tokens
- Status: TO BE ANNOUNCED
- Max investment: $30.000 (1st 24hrs)
- Vesting period: None
- Currency: ETH
- TOTAL TOKEN SUPPLY: 200.000.000 Smilo
- CIRCULATING SUPPLY: 100.000.000 Smilo
- PRIVATE SALE: 63.360.000 Smilo
- PUBLIC SALE: 21.600.000 Smilo
- COMMUNITY BOUNTIES: 15.040.000 Smilo
- HARD CAP: 18.000.000 USD
- SOFT CAP: 2.500.000 USD
- PRICE: 1 Smilo = 0,25 USD
ROADMAP
Q1 2017
- Idea from Elkan Roelen (founder)
Q2 2017
- Forming Smilo’s team
- First written foundations
Q3 2017
- Start prototype development
- Research of different network protocols
and consensus algorithms
Q4 2017
- Whitepaper development
- First partnerships
- Prototype development:
- Implementation of blocks, transactions
and verifications
Q1 2018
- Website launch
- Official BV registration
- Opening community channels
- Prototype development implementation of:
- Smilo BFT+ with SPoRT
- Private transactions
Q2 2018
- Private sale
- Prototype development:
- Implementation of light wallet
- Open-source prototype on Github
- Starting development of:
- SmiloVM
- SmiloContract
- Smilo SDK
Q3 2018
- Private pre-sale
- Starting testnet development
- Starting hardware wallet development
Q4 2018
- Testnet launch
- Light wallet launch
Q1 2019
- Community-driven performance tests
- Consult and help partners with first Dapps
- Start development of Smilo's secret Dapp
Q2 2019
- Public sale
- Mainnet launch
- SmiloContract development
- Implementing new languages
- Language choice based on
community votes
- Mainnet launch event
- Token Distribution
- Exchange listing
Q3 2019
- Hardware wallet launch
- First DevCon Smilo developers
- Multiple Dapp launches by partners
Q4 2019
- Start DEX development
2020
- Extend Improved Sharding
- Multiple hardware wallet support
- Self sovereign identity
2021
- Off-Chain transactions
To find out more. You can connect more with SMILO at the link below:
WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||
Author: SanZoldyck
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=1045517;sa=summary