The ICO of Myriads| How does it work?
Hello all
How are you today? I’m fine... actually.. if I’m not fine now I don’t blogging now.
Good morning, good afternoon and good evening… sorry in my country is morning now.
Ok guys…. For this time I will give you information about the Myriads product. Actually is it same but not at all with my write on the other blog. If you wanna know, you can visit on https://medium.com/@HendraKholis/about-myriads-the-token-based-erc20-is-it-like-ethereum-basic-297b5601af85. That’s the definition about product, but for now I wanna show you about the ICO of this product. As we know ICO is Initial Coin Offering, but if you wanna know about it, you can visit my previous blogging on https://steemit.com/blockchain/@andra-ierma/the-cryptobank-based-p2p-the-first-social-or-datarius
Ok… that’s it the definition of ICO, but it is an another product, just take it the definition.
As we know again Myriads based on ERC20 or Ethereum. So many basic of this. 😊
But no problem, it is good for the construction of this Project.
About the ICO or Token sale, Myriads it should be work, but how?
Ok check this out the picture…. 😊
the Machine learning
Data chunks
That’s it how does it work of this product bas on Machine Learning and Data Chunk. And now the build and train of predctive model
End-User Interface
for Next is Measure Model Accuracy
Next Predictors Mining Software
for the Proof how it work, you can look at this
API for ML developers
on above we know the work of this Product, next we have to learn moe.
There are three types of nodes in Myriads Network
- Machine Learning Nodes (PoW)
- Prediction Nodes (PoW)
- Verification Nodes ( PoW + PoS )
Ok and now we learn to main of this Topic, about the Token Sale this Product
Myriads.IO Project has received over USD 1,100,000 in venture capital funding from private Chinese VC fund and bank. According to non-disclosure agreement, we can not name investors. Before Myriads.IO Project launches as a full-fledged service it will undergo an token sale exercise.
The MRDS Tokens crowdsale and the corresponding token creation process will be organized around smart contracts running on Ethereum. The token sale will be launched at 14:00 UTC on March 20, 2018 and closes at 14:00 UTC on May 19, 2018 (60 days). Below are details of the token sale.
Company name: MYRIADS IO LP
Head office address: 101 Rose Street Lane, Edinburgh, United Kingdom, EH23JG
Blockchain platform: Ethereum
Token name: MRDS
Min transaction amount: Unlimited
Max transaction amount: Unlimited
Total Token Supply: 270,000,000 MRDS
Hard cap: 108,000,000 MRDS
Soft cap: No soft cap is set
Initial rate: Token price is locked to 1 ETH = 25,000 MRDS
Whitelist is limited to:
- 1500 KYC Verified Contributors
- 7500 Unverified Contributors
For Funding Breakdown Summary:
• Core Development — 40%
• Marketing and Sales — 35%
• Security and Legal — 20%
• Operating Costs — 5%
For Time-bonuses for early buyers
• 20 March 2018 - 4 April 2018 — add 50% bonuses
• 5 April 2018 - 20 April 2018 — add 25% bonuses
• 21 April 2018 - 6 May 2018 — add 10% bonuses
For Bounty Program
• Bitcointalk Signatures Campaign — 40%
• Facebook Campaign — 20%
• Twitter Campaign — 20%
• Publishing Campaign — 20%
Certifiacte of registration
Legal Documents
Partnership
Ok. That’s it explaination about Myriads, hopefully can make us a knowledge about ICO and this product. For information about it. You can look at :
Website : Myriads.ie
Facebook: https://www.facebook.com/MyriadsIOpage/
Twitter: https://twitter.com/MyriadsIO
Youtube: https://www.youtube.com/channel/UCVbDUqJqOs9weboSpQKaMsg
Github: https://github.com/MyriadsIO
Ann thread: https://bitcointalk.org/index.php?topic=2898857
For support: https://t.me/MyriadsSupport
For news channel: https://t.me/MyriadsIO
Whitepaper: https://myriads.io/Myriads.IO.WhitePaper.pdf
Done… all of my explanation of ICO Myriads
Please leave it comment and upvote, for any crticial construction and suggestion.
…. see you next time and happy Sunday….
------------By3------------
wow it's amazing!