Online (OIO) ICO Review – ICO Token News
Our ultimate goal is to reinvent the World Wide Web experience by placing people’s privacy as our top priority, thus offering a more secure, non-trackable, without malware and ad free Internet. Government agencies and big Internet companies that shall remain unnamed thrive on tracking your every move! Only together we can put a STOP to this! Nowadays websites are full of ads that try to sell you something they think you need by creating an unfriendly and irritating browsing experience. Also, lots of them have hidden malware, scammy ads or mining scripts. Online.io platform aims at making a groundbreaking change of the Internet, by revolutionizing the browsing experience and making it faster, non-trackable, without malware and ad free.
A malicious software is an application that was created for a particular bad purpose. Most existing applications are created for normal purposes while some applications have hidden features which are not doing what is expected, but in fact their purpose is to find, steal or destroy files, track any data or just annoy the user. This started a long time ago: the first computer virus was called Elk Cloner and was first found on a Mac in 1982.
Smart Contracts & Workflows Components
Three Types of Coins
- Online Ethereum token (OIO). OIO Tokens are the key element in the ecosystem. The web operators will be required to stake OIO Tokens in order to use our technology and mine ICE tokens. (through Proof-of-Stake and Proof-of-Online algorithms).
- ICE Ethereum token (ICE). The purpose of the ICE coin is to be used for micropayments and daily use.
- Trust token (TST). Exists only within the private Blockchain. It is used for stimulating users to rank websites and for ranking gamification.
Online Token (OIO)
The Online tokens (OIO) are generated once and sold at the Token Generation Event. Out of the maximum number of tokens generated, 15% of the OIO will be reserved for 1 year by the company and will not be available for sale during that time. After the Token Generation Event the OIO tokens will be available on various exchanges.
The purpose of the OIO tokens is to bootstrap the development of Online.io platform. The OIO tokens will also function as a proof of stake and generate ICE Tokens, 20% of all generated ICE Tokens will be distributed to OIO token holders who keep their tokens on a special wallet. The website operators that implement the Online.io solution will have to possess OIO tokens to be able to receive ICE tokens based on the time spent by their visitors on their webpages. The OIO ICO tokens required to manage the websites, will be kept on an Ethereum smart contract.
ICE Token (ICE)
A fixed number of ICE tokens will be generated every week and will be distributed as follows:
- 20% to OIO token holders;
- 20% founder rewards for future developments of Online.io solution and marketing and partnership purposes;
- 60% to website operators
After the OIO Token Generation Event and after some time since the first production of ICE tokens, they will be available on various exchanges. ICE tokens are mined based on the time spent by end users on websites attached to the ecosystem.
Token Generation Event Overview
Online.io is offering to the potential clients of its platform the right to pre-purchase its own OIO tokens through a Token Generation Event that is projected to start on June 15th, 2018. OIO tokens will be distributed in direct correspondence with the amounts paid by the potential clients during the Token Generation Event.
The design and implementation of the Online.io Token Generation Event has been prepared in accordance with industry’s best practices. Hence, the potential contributors benefit from the enhanced levels of security and are also reassured that the distribution of tokens will be performed according to the smart contract conditions used by Online.io. The funds received during the pre-sale and the public Token Generation Event for the OIO tokens will remain unused until the distribution of OIO tokens to token holders.
To know more about other Token generation events check the ICO events link.
- Alexandru Iulian FloreaCEO & Founder
He is the founder and CEO of Microleaves. Under his management, Microleaves has grown to the World Largest Proxy Network with over 30 million IPs and around 20k customers including Fortune 500 Companies.
- Alexandru EftimieChief Technology Officer
- Sebastian DracopolDevelopment Manager
Over 15 years of experience in Software Development industry, in companies like Electronic Arts, Forbes, Upwork, Vodafone, Sebastian is our Project Management agile wizard.
- Rostyslav BortmanEthereum Developer
Senior Developer with wide experience in working with smart contract functionality.
Rostyslav Bortman, LinkedIn profile
- Roman KorzhBusiness Development Consultant
Senior level results-driven leader with exceptional knowledge in establishing long-term cooperation relationship and generating revenue.
- Andrew MikhailovData Scientist
- Liliya GirinovaBusiness Analyst
Business analyst, interaction and proactive work with clients, describing business logic of tasks, requirements gathering, collecting artifacts and writing documentation under the project, Drawing-up and control of project risks.
- Vadym DolzhenkoNode.js Developer
- Alexandru DobrinArt Director
Talented Art Director who enjoys working in a wide variety of design-related areas and photography.
- Alexandru DaneteCustomer Support Lead
Wide experience as a customer lead, able to solve delicate problems and always seeking to make clients happy.
- Nathan ChristianAdvisors
Ranked as #5 blockchain advisor on icobench, he is part of a dynamic team building applications on Ethereum and Bitcoin Blockchains, writing Smart Contracts and launching ERC20 tokens. Over 35 startups in portfolio. 1.2m Twitter followers.
The idea first appeared in June
June to December: Initial research Phase
December: Validated the potential of the idea
Studying blockchain in terms of platform integration perspective
Risk analysis, associated with blockchain
Starts the development for the TGE Website & Platform
2nd phase of research completed
Development finished for the test network and base contracts code
Development finished for user API
Development starts for data aggregation and financial dispatcher
Smart contract development starts
UI design finished
Private TGE sales starts
TGE platform beta version
TGE platform published accepting user registrations
Malware protection development starts
User validation development starts
Online time tracking development finished
Chrome and Firefox browser extensions development starts
Web dashboard for OIO token owners development starts
ICE token distribution algorithm implemented
Malware protection beta
User validation beta
Private cloud beta, guardian script beta
Wallet development starts
Chrome and Firefox browser extensions beta
ICE token smart contract published
Web dashboard for OIO token owners release
Private cloud release
Guardian script release
Beta version of web dashboard for OIO and ICE token owners release
Chrome and Firefox Browser extensions release
Wallet beta release
Web dashboard for OIO and ICE token owners release
Mobile applications development starts
API SDK for custom integrations architecture
Plug-ins for E-Commerce solutions architecture
API SDK for custom integrations release
Wallet additional security features
Marketplace beta release
Plug-ins for E-Commerce solutions beta release
Plug-ins for E-Commerce solutions release
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