Botchain (BOTC) ICO Review – ICO Token News
BotChain is an open source network, not owned by any single company. Nothing in this white paper constitutes a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction which are designed to protect investors.
Talla is the company that originated the idea behind BotChain. Talla delivers an AI-powered knowledge base bringing enterprises into the future of automation and insight. The Talla platform uses machine learning to automate content management in IT or HR knowledge base contexts, keeping information up-to-date, relevant, organized, and accessible. Users access company knowledge bases through chat – providing rapid and easy means to find answers and maintain worker productivity.
Launched in 2015 by former Backupify.com co-founder (acquired by Datto) Rob May, Talla has raised over $12 million with 2,500 existing AI installations across the enterprise.
Developed in response to market opportunity surfaced in Talla’s enterprise artificial intelligence business, BotChain is a decentralized bot registration, identification, collaboration, and audit platform built on the Ethereum blockchain. Setting the standard for bot compliance, BotChain allows bot developers, enterprises, software
companies, and system integrators to verify bot identity, audit interactions, and control the boundaries of bot autonomy. By driving developmental software standards and creating a marketplace of developers and users, BotChain incentivizes bot innovation and adoption through secure and powerful intelligent machine usage within a range of enterprise environments.
Token Sale & Structure
The BotChain token sale schedule will be available on the BotChain website located at https://botchain.network
BOTC tokens will be available by exchanging either Bitcoin (BTC) or Ether (ETH).
• Forty million (40,000,000) BOTC tokens will be generated
• Tokens will be created and distributed in a one-time Token Generation Event (TGE)
following the completion of the sale. After this, no BOTC tokens will be minted
• Up to 55% (22 million) BOTC will be available for public sale, and distributed 30 days
after the close of the public crowdsale. Tokens sold during the private sale will have a six
• 20% will be allocated for network advisors and partners and to support building the
ecosystem. These will be immediately usable after the platform launch, to allow developers
to provide identity and audit solutions for their customers.
• 25% of tokens are retained to support current and future development efforts and
operations and to compensate team members and stakeholders. These tokens have a
12 month lockup.
Technical Platform Overview
BotChain Network provides the fundamental identity and reputation to enable third party developers to build decentralized applications that help create value for their users. It has been designed for others to build upon and extend the services to meet the additional needs of new and existing market segments.
- Rob MayChief Executive Officer
Rob is a repeat venture-backed entrepreneur and angel investor in 45+ AI and blockchain companies. Previously he was the CEO & Co-Founder of Backupify (Acquired by Datto). He is the author of Inside AI.
- Byron GalbraithChief Data Scientist
Byron has a PhD in Cognitive and Neural Systems from Boston University and an MS in Bioinformatics from Marquette University.
- Job KleinChief Architect
Jon has run engineering teams from early stage to large scale. Most recently, he was Director of Engineering at Drync, and lead the Ad Products Team at Tapjoy. He has a M.Sc. in Complex Adaptive Systems from Chalmers University.
- Anthony HabayebHead of Partnerships
Most recently, Anthony lead strategy and development for Propel Marketing, now Thrivehive, during its growth from $6 to $50M. He previously held partnership and revenue leadership roles at Monster and Yahoo! after starting his career as a strategy consultant with Accenture.
- Henry WagnerBlockchain Engineer
Henry most recently served as a Sr Software Engineer at Akamai Technologies, where he configured management systems and development of enterprise on-ramp technologies. He has a BA from Auburn University and pursued graduate studies in Distributed Systems at the University of Connecticut.
- Brooke TorresDirector of Marketing
Brooke joined Talla Inc in 2015 after advising early stage companies on customer acquisition and go-to-market strategy in the London consumer products market. Before that, she lead social media at The Muse. She holds a BA from Smith College.
- 1April 2018
- 2May 2018
- 3Nov 2018
Identity & Audit
- 4April 2019
- 5Nov 2019
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