Memority ICO Review

Memority ICO Review

we have a tendency to area unit developing revolutionary new technologies in information storage field. For over a year our team has been engaged on the event of the Memority platform to assist folks and corporations round the world keep their information entirely safe.

Memority could be a blockchain-based platform for encrypted redistributed storage of valuable information. The system mechanically keeps ten files copies in freelance storages everywhere the globe the least bit time. Files area unit encrypted with a personal key that solely their owner has. Memority employs constant information protection technology as employed in blockchain-based wallets.

The purpose of Memority is that the safe and secure information storage for businesses, government organizations and people. Such a system can operate with user information protection although there are not any additional developers of platform-based applications, developers of the platform itself, or up to ninetieth of hosters are going to be lost at constant time. Full self-reliance, the intrinsic  self-cleaning mechanism and therefore the redistributed nature of the functioning permit the system to exist and work for several years while not outside management.

The Advantages of Memority

The new platform offers several benefits to those desire to store information, a full list are often found within the Memority whitepaper, with simply a couple of of the most ones being:

•           Decentralization of storage: one in all the most issues with the present cloud storage market is that the storage is totally centralized, this clearly creates potential security problems, the Memority platform can facilitate to redistributed this method and store files all across the world.

•           Multiple copies: The new platform can store multiple copies of files to any increase security, they aim to store ten copies of all files that area unit uploaded to the network.

•           The new platform will users to store information free, they will receive credits if they are serving to to store others files.

•           Hosters on the network can receive ninetieth of the payment for serving to to store information, this could clearly attract a great deal of individuals to the network.

The monetary facet and therefore the ICO

Buying into the ICO is easy because the platform is acceptive most of the favored cryptocurrencies aswell as acceptive decree with either visa or mastercard to buy tokens.

The ICO is scheduled  to run till the primary of Oct unless the hardcap is reached sooner.

The hardcap is quite high with this token sale (around $85 million) however they state in their whitepaper that if that's reached then the bulk of the funds are going to be used for an oversized scale selling campaign that is sensible.

Memority platform could be a place wherever 2 teams of shoppers meet: information homeowners and hosters. however it’s not simply the storage, it’s the self-sustaining system that has several applications to fulfill the requirements of business, government organizations and people within the super-secure storage of every kind of valuable information.

For information homeowners Memority solves the matter of knowledge storage with most level of security thanks to the storage formula that uses its own personal blockchain network supported Ethereum. information owner will store information in an exceedinglyn encrypted kind in a redistributed and utterly secure manner, paying for the storage with MMR tokens. System mechanically stores files in ten copies at ten random hosters, and if hosters clean up, the files area unit mechanically traced to a replacement hoster. therefore there’s no approach you’ll lose the files. Hosters will receive MMR tokens for providing their space to users of the Memority platform to store their information.

Above all Memority platform is that the interface for making applications by third-party developers and share for miners. Memority use Proof of Authority mining, therefore there's no would like for giant computing resources five-hitter of payments for information storage area unit distributed among miners.

The most fascinating cluster of beneficiaries from selling and business purpose of read is information homeowners. in keeping with Statista, throughout the might 2017 survey, sixty one of respondents aged eighteen to twenty nine years explicit  that they were mistreatment cloud storage services for his or her information, whereas forty second of respondents aged thirty to fifty nine years and eighteen of respondents aged sixty years and older same constant. This statistics shows that the foremost active cluster of users by age is students and graduates. we will suppose that this age interval is additionally true for Memority’s potential hosters.

Team

INFOMATION:

Web: https://memority.io/

Whitepaper: https://memority.io/docs/whitepaper_memority.pdf

Telegram: https://t.me/memority

https://t.me/memority_news

https://t.me/joinchat/CSoHpA-mgTHkEDDZ92Lk-g

Twitter: https://twitter.com/frvrty

Github: https://github.com/Memority/memority

Facebook: https://www.facebook.com/mmority/

Bitcointlak: https://bitcointalk.org/index.php?topic=3952669

Medium: https://medium.com/@memority/

My bitcointlak : https://bitcointalk.org/index.php?action=profile;u=2251884