EvoChain

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EvoChain
EvoChain logo
EvoChain ICO Review
EvoChain ICO
Ticker: ECHO
ICO start: 2018-06-01 00:00:00
ICO end: 2018-07-09 00:00:00
Price: 4000 ECHO = 1 ETH
Bonus: 1
Tokens: 303,150,000 ECHO
Tokentype: ERC20
Hardcap: 75,787 ETH
Softcap: 1,000 ETH
Platform: Ethereum
Distributed: 94%
Accepting: ETH

Mutual gain is the philosophy of EvoChain's development process. Rather than a design model centered around an antagonistic mindset that puts crypto in the crosshairs of big banks, we've decided through careful reasoning that the best approach moving forward for all cryptocurrency is one that incorporates everyone's interests and presents a mutual benefit to all parties involved.

Description[edit]

Cryptocurrency has grown from humble beginnings. From once being scoffed at and
largely ignored, to raising eyebrows, to now attracting heavy attention from large financial institutions and governments, Cryptocurrency has earned its stripes. There remains room for improvement nonetheless. Problems exist with no good solutions. And opportunities are rife for existing institutions to take advantage of. Mutual gain is the philosophy of EvoChain's development process. Rather than a design model centered around an antagonistic mindset that puts crypto in the crosshairs of big banks, we've decided through careful reasoning that the best approach moving forward for all cryptocurrency is one that incorporates everyone's interests and presents a mutual benefit to all parties involved.
EvoChain is a blockchain technological innovation that offers businesses and institutions the ability to benefit from blockchain technology, by applying it to smart invoices, and instant issue Visa Debit Card Numbers, enabling purchases through crypto even on sites that don't accept crypto payments, by utilizing smart invoices, no coding required, with no fees. The benefits of smart invoicing include error-proof payment systems in which payment receipt errors are impossible by design. Furthermore, EvoChain is compatible universally with other cryptos. Payments can be made or received in all cryptocurrencies. EvoChain's interconnec- tivity is made possible by a inter-compatibility layering protocol which makes communica- tion between chains simple, secure, and instant. By design, the larger the transaction network grows, the more secure it becomes, the faster it operates, without any scaling issues no matter how many transactions occur.
EvoChain's development will be guided by democratic input from the community. EvoChain's blockchain backbone will be fully compatible with all major cryptos and even mainstream financial institutions. Additionally, 10% of ICO funds raised will be dedicated to research & development specifically for future blockchain technology in general, as well as specifically looking into the viability of applying genetic algorithms to blockchain efficiency. Genetic algo- rithms are used to evaluate maximize efficiency for a given task in ways that are not possible through conventional means. Applying this method to the blockchain will enable us to find the most optimal solutions possible for a set of blockchain tasks. EvoChain's token will be used for anonymized data analytics purposes during this research, and instant Visa Debit swaps.

Roadmap[edit]

June 2017: Start of the project
Goals definition
Concept development
Team formation
Technical infrastructure creation
Platform logic development
Develop Business Plan
January 2018: A. The Evochain protocol
1.Backend
a.Multisig
b.Encryption
c.Transaction Guard / Refunds
Publish WhitePaper
April 2018: PR campaign. Pre-sale preparation and launch
June 2018: 2. Frontend
a. User interface
ICO Token Sale begins and Smart Contract minting continues.
July 2018: Token Sale completes. Investment rounds close. Non-sold tokens burned.
August 2018: Product development and improvement
Platform audit and processing of results
B. Inter-chain currency exchange features built-in to blockchain
Token listing on cryptoecxhanges
June 2019-November 2019: C. Exchanging cryptocurrency for Visa gift cards.
a. Audit security of site and wallet applications, mobile and web
b. Performance evaluation and audit.
c. Launch VISA eGift Debit Card swap for crypto service.
December 2019 - ongoing: Annual Report
Continual support of wallet on desktop and mobile
Continued customer support[1]

Team[edit]

name: title: links: group: photo: iss:
Matthew Long Smart Contract Programmer https://www.linkedin.com/in/matthew-long-70879b4/ Matthew Long photo 2.8
Brent Beeman COO https://www.linkedin.com/in/brent-b-177241138/ Brent Beeman photo 2.8
Raja Challagulla Software Engineer https://www.linkedin.com/in/raja-challagulla-6a68b4158/ Raja Challagulla photo 2.8
Satyanarayana Pavuluri Software Engineer https://www.linkedin.com/in/satya-p-abb029153/ Satyanarayana Pavuluri photo 2.8
Joseph Maresca Chief Marketing Officer http://www.linkedin.com/in/josephmaresca Joseph Maresca photo 2.8
Jiaqi Duan Software Engineer https://www.linkedin.com/in/jiaqi-duan-b05423115/ https://github.com/djq99 Jiaqi Duan photo 2.8
Daniel Bullington CTO https://www.linkedin.com/in/dpbullington/ https://github.com/dpbullington Daniel Bullington photo 2.8
Leyou Hong Software Engineer https://www.linkedin.com/in/leyou-hong/ https://github.com/LeyouHong Leyou Hong photo 2.8
Spencer Lee Software Engineer https://www.linkedin.com/in/spencerminglee www.github.com/slee163 Spencer Lee photo 2.8

External links[edit]

EvoChain on Twitter
EvoChain on Slack
EvoChain on Telegram
EvoChain on Facebook
EvoChain on Medium
EvoChain on Bitcointalk
EvoChain on Github
EvoChain on Reddit
EvoChain on Discord
EvoChain on Youtube
EvoChain Official Website
EvoChain Bounty
EvoChain Whitepaper

Sources[edit]

  1. https://evochain.io/