Pillar ICO (July 15th) ... Next Big Thing? ... Here is some information and some videos to help your research.

starsteem (53)in #beyondbitcoin • 7 years ago

Pillar ICO:

The Pillar token sale starts on July 15th at 08:00 Greenwich Mean Time and ends 60 hours later on July 17th at 20:00 GMT. Of the 800 million tokens issued, 560 million will be for sale to the public. The price in ether will be the same throughout the sale and will be announced on July 14th.

https://us.pillarproject.io/
Pillar Gray Paper: https://us.pillarproject.io/wp-content/uploads/2017/07/PillarProjectGrayPaper.pdf

The Pillar Wallet (from thier website)

"Having waited patiently for 15 years, we believe the moment is here now. We will start by building the world’s best cryptocurrency and token wallet. We will focus on the user experience - to make it as easy as possible to set up and use a wallet. There are a few excellent wallets - we have our work cut out for us. But since our target is to build a dashboard for your digital life, our wallet will be different. Our wallet will be mobile first. It will include a browser, and we hope to include one or more exchanges. We want the experience to be as easy as possible. We’ll be targeting specific use cases and personas and working to make their experience as familiar and powerful as possible. Almost everyone is a beginner. Almost everyone finds managing private keys challenging. Almost everyone doesn’t appreciate the complexity behind wallets and exchanges and smart contracts. This is our mission - to simplify, build a strong foundation, and keep adding what our customers want next."

The European Commission’s Fire Study of Next Generation Internet recently concluded that ...

1. Internet should ensure citizens' sovereignty over their own data and protect privacy;

2. Internet should ensure diversity, pluralism and a right to choose; and

3. Internet should avoid the concentration of data in a few proprietary platforms.

4. Personal Data Spaces was seen as a very important technology area for all the above top ranked values.

Pillar beilives that they address these issues. They want to give people a better, safer dashboard to their digital world, starting with an open-source wallet. We have two main objectives:

Replace accounts with atomic ownership. We all have dozens of accounts. With accounts, you log in and all your valuable data is trapped inside the app or the service. This presents huge concentration risk. By switching from accounts to wallets, each person owns his/her own assets and can switch vendors freely.
Replace apps with services. Apps on our phones are miniature desktop apps. This harkens back to the days of paper-based processes, showing once again that humans always adopt the old ways of working to new technology. Now that we all have superconnected computers in our pockets, we believe the personal data locker will replace iOS and Android to become the operating system for all your devices.

The decentralization movement and technologies like blockchain will lead to a fundamental reversal of power, putting people in control of their digital lives.

Jsnip4's take on this ICO is shared by myself, so I am sharing this video with my peeps. I think Pillar will be a game changer and again this is one ICO referred to in Clif High's report. Joe even quotes Cliff's take on the ICO in this video. Check it out...

David Siegel of the Pillar project speaks with Jake Brukhman on Jake's youtube channel (https://www.youtube.com/channel/UCyvV4hIPfAjCod5KkM3Xl_Q)