MEMORITY: ICO Review

MEMORITY: ICO Review | Ecency

INTRODUCTION

Getting a reliable and convenient way of data storage is a major problem in which the world facing in this global village where the security of properties is on the red button. This is not to create the impression that storage platforms but the existing ones like amazon and google drive are not basically reliableand convenient for it users.
Apart from application in the financial field, blockchain-based encrypted decentralized information storage technology can be used for long-term storage of secure data, with protection from modification, deletion or unpermitted viewing.After much research by experts in various field, the result of the team produced a platform called MEMORITY. What then is memority?

MEMORITY
Memority is a blockchain-based platform for encrypted decentralized cloud storage of valuable data. Memority's main goal is to make a self-sufficient ecosystem that incorporates numerous applications to address the issues of organizations, government associations and people in the ultra-secure storage of a wide range of valuable data.

OUR PLATFORM
The platform incorporates an accumulation of autonomous repositories from around the world, which are based on computers users who have given a piece of the memory of their hard drives for file storage. To guarantee a high degree of data security, 10 copies are created for each of the stored files, integrity and authenticity of which are constantly monitored. On the off chance that the quantity of file copies is insufficient or the copies have been fashioned, new copies of the first file are naturally created for new hosters. The procedures for confirming accessibility, authenticity and recovery of files are free from the file proprietor and will work self-governingly as long as the files storage in the framework is paid for.

TOKEN HOLDERS POTENTIAL REWARDS

Memority has an arrangement of members motivation (paying little mind to their parts). Beneath we clarify how precisely the framework draws in users, investors, miners and hosters.

■ Motivation of data owners

can store data in an encrypted shape in a decentralized and totally secure way, paying for the storage with MMR tokens. Additionally, he can give his disk space to data of different users, turning into a hoster, and get tokens to pay for the stored data.

■ Hosters Motivation

can get MMR tokens for giving their disk space to users of the Memority platform to store their data

■ Motivation for application developers

will have the capacity to execute their thoughts and make their own applications, utilizing the framework of Memority, and accepting MMR tokens for this

■ Motivation of miners

gets compensates as MMR tokens for supporting the working capacity of blockchain executing their authority (just at least 10,000 token owners can progress toward becoming miners).

Because of the arrangement of prizes for all members, Memority will be a famous venture in the long haul point of view, which implies that benefits of investors can constantly increment

INITIAL COIN OFFERING (ICO)
Start date of public Pre-ICO: May 16, 2018
End date of the public Pre-ICO: May 30, 2018
ICO start date: May 31, 2018
ICO end date: October 1, 2018
Starting price of the EMT token: 0.1 USD

Amid Pre-ICO and ICO, you might have the capacity to purchase the utility Ethereum-based Tokens EMT (Ethereum Memority Token). They don't expect any benefits and exist just for the comfort of investors at the ICO.

Whenever, through an application or site, they can be traded to inward MMR tokens at a rate of 1:1 with no commissions. There will be no arrival trade. MMR tokens are utilized inside the platform for all activities and are vital for the working of the ecosystem.

The Pre-ICO program enables the main investors to get a reward of an extra 20% of the acquired EMT. This reward will be offered just to those investors who buy tokens from the pre-ICO dedicated pool: 60,000,000 MMR. All files, unsold amid the Pre-ICO, will be added to the ICO hold.