Monday, May 28, 2018

MEMORITY - For Valuable Data Storage Fully Decentralized And Very Safe In Blockchain

Foto Memority.

Welcome my friends to the exciting new ICO today and let's take a look at their great idea:

About Memority

Memority - company involved in the development of the project is registered and regulated by the legislation of Estonia:

  • Registry code: 14453811
  • Name: Memority OÜ
  • Legal form: Private limited company
  • Address: Harju maakond, Tallinn, Kesklinna linnaosa, Parda tn 4-411-1, 10151

Memority is the platform for a completely decentralized, ultra-secure storage of valuable data on the blockchain, which ensures the continued availability of several encrypted copies of data on unrelated storage locations around the world.

The data is encrypted with your private key
No one except the owner can physically view the contents of the files, because they are encrypted with a private key, which is stored only by the data owner

Data is protected from accidental deletion
The system always stores multiple copies of data (default is 10), the monitoring system will periodically check their availability and creates new copies in other stores in case of insufficient number of duplicates

Data is protected from forgery
Unique data identifiers are stored in the blockchain database, the system regularly searches for fakes and restores the correct number of copies with genuine data if files have been forged

The system is completely self-contained and independent
Data storage, the process of files copies monitoring and recovering, data encryption and validation for authenticity are completely decentralized, there is no dependence on any centralized systems.

Blockchain-based data storage ecosystem
Memority's mission is to create a self-sufficient ecosystem that includes a variety of applications to meet the needs of businesses, government organizations and individuals in ultra-secure storage of all types of valuable data.

The Memority API allows third-party developers to create desktop and online apps for decentralized encrypted storage of various types of data without a lengthy investigation into technical details of the blockchain technology. Developers of such applications are rewarded with part of all data storage payments for files that were uploaded with their apps.


Why Memority?

  • File encryption: Files are encrypted with a private key that only their owner has.
  • Decentralized storage: The system supports storage of 10 file copies in independent storages.
  • Protection from data forgery: Completely decentralized monitoring systems check data availability and authenticity.
  • Motivation of all participants: Payments for storage are distributed between hosters, app developers.
  • Proof of Authority mining: We use mining technology that does not require pricey equipment.
  • API for applications development: Third-party developers can create applications for data storage on Memority platform.

Token sale

Crowdsale terms
  • 20% bonus Pre-ICO: May 16th - May 30th
  • 15% bonus ICO: May 31th - June 30th
  • 10% bonus ICO: July 1th - July 31th
  • 5% bonus ICO: August 1th - October 31th
  • Token price: 0.1 USD
  • Soft cap: 5,000,000 USD
  • Hard cap: 85,500,000 USD

Roadmap

2016 The idea of Memority was born
May 2017 Memority platform development Start
December 2017 Closed Alpha release
April 2018 Memority Open Alpha release
May 2018 Users feedback collection
July 2018 Beta release
August 2018 Memority platform 1.0 development Start
Q3 2018 Client application optimization
Q4 2018 Platform architecture optimization
March 2019 Memority platform 1.0 release.

To contribute and Know the progress of this offer, you may visit some of the following Links:


The bitcointalk name: Aray80
ETH Address :

0x61379f78587FaF5cd5e8006007Dd97AF8b6b966F