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Decentralized Mindset Institute (DMST) Token

Decentralized Mindset Institute is a major disruption of a $325 billion dollar industry of online courses & the 1st state of the art Decentralized online courses running onthe Ethereum blockchain. The first courses will be provided by the Decentralized mindset team which will be cryptocurrency courses, Money courses, also courses on Global economics, courses on the history of money the history of the federalreserve the history of central banks. The second phase of the Decentralized Mindset Platform will be for users to create their own decentralized online courses of any subject utilizing the DMST course builder software and sale their courses on the Decentralized mindset platform using the DMST token. The benefit of the DMST platform is for the providers of courses to not need to collect payments from trusted 3rd party banks or credit card companies, Paypal, clickbanks, or bevulnerable to internet hackers as the blockchain is unhackable. They will deal peer to peer directly with their clients in a decentralized system which creates fasterpayments using a decentralized token and payment system (DMST Token). Users will also share in the revenue generated by the company through a (POS) Proof of Stake algorithm. Students will not only receive the best Decentralized Knowledge in this industry but they will be trained in a masterful Decentralized mindset manner which will transform there way of doing business forever. There will be a one time very small fee in order to download the course builder app for course providers only with a percentage of those proceeds being added to the stake pool adding more revenue for all participants.

Inspiration & Assignment

One of the greatest exchanges of wealth ever in the history of the world is happening right now in the Cryptocurrency blockchain decentralized world. The public has no idea what this is all about most people are distracted by the daily price of bitcoin with no clue of the functionality of the technology which is decentralization & financial freedom. This is more about the ability to transact without borders, without a trusted 3rd party, without regulations and red tape which can slow down a companies or countries momentum. In a global economy where there’s a global recession capital has been slowed down for various reasons. Today because of so-called anti money laundering laws or so-called anti Terrorism laws money has been slowed down even more which has negatively Affected the global economy from recuperating itself naturally and the people suffer.
Cryptocurrency has so many great things to offer the global economy but people will never understand the power of cryptocurrency if the banks and big corporations have there way as their main goal is to remain a centralized system of economics The decentralized mindset is the missing link in expediting the process of freeing the entire mindset of the world from an enslaved mindset of centralization of money through central banks or so-called 3rd party institutions.

OUR MISSION

Decentralized Mindset Institute is the 1st state of the art Decentralized online courses run on the Ethereum blockchain. The first courses will be provided by the Decentralized mindset team which will be cryptocurrency courses, Money courses, also courses on Global economics, courses on the history of money the history of the federal reserve the history of central banks.
The second phase of the Decentralized Mindset Platform will be for users to create any course of any subject and sale their courses on the Decentralized mindset platform using the DMST token . The benefit of the DMST platform is the providers of courses will not need to collect payments from trusted 3rd party banks or credit card companies. They will deal peer to peer directly with their clients in a decentralized system using a decentralized token and payment system (DMST Token).
Users will also share in the revenue generated by the company through a (POS) Proof of Stake algorithm. Students will not only receive the best Decentralized Knowledge in this industry but they will be trained in a masterful Decentralized mindset which will transform there entire world.

Why DMST Token?

  • Mobile App You can manage everything with the DMST mobile app. Anyone with our DAPP a smartphone, & Internet connection, can either purchase or manage our courses anywhere in the world.
  • Secure Platform Providing a decentralized network on the blockchain with no centralized server which prevents students and course providers from hackers.
  • Blockchain Infrastructure DMST token is a ERC-20 token running on the Ethereum Blockchain and built on the POS token standard.
  • No 3rd Party Hassles Students and Providers of courses will not need banks or credit card companies or so called trusted 3rd parties to process payments.
  • Global System Global system covering any and all aspects of online education and/or informational courses.
  • Multycurrency Wallet All students will have a wallet to stake our token and 10 additional crypto currencies.

Market Research & Statistics

Research & Markets Has announced the addition of the Global E- Learning Market analysis & Trends industry forecast to 2025. The Global E- Learning market is poised to grow at a rate of 7.2% over the next decade to reach approximately $325 Billion by 2025. Based upon the product and the market with technology being of one of the greatest potential for growth. The market is segmented into learning management systems, Mobile E-Learning, Application simulation tool, Rapid E- Learning, Podcast, Learning content management system, Virtual classroom management system and other technologies.

Target Market

According to Forbes the millenials are the most attracted to the cryptocurrency industry for many reasons. Conversations regarding finance & global economic typically put you to sleep or just don’t grab your interest, but when technology disrupts Money and creates the Internet of Money it absolutely gets the immediate interest of the generation called Millennials from 17 to 39 years of age. Some call Cryptocurrency the digital Gold Rush.

Decentralized Mindset Token

Decentralized Mindset Institute is the 1st state of the art Decentralized online courses run on the Ethereum blockchain. The first courses will be provided by the Decentralized mindset team which will be cryptocurrency courses, Money courses, also courses on Global economics, courses on the history of money the history of the federal reserve the history of central banks. The second phase of the Decentralized Mindset Platform will be for users to create any course of any subject and sale their courses on the Decentralized mindset platform using the DMST token . The benefit of the DMST platform is the providers of courses will not need to collect payments from trusted 3rd party banks or credit card companies. They will deal peer to peer directly with their clients in a decentralized system using a decentralized token and payment system (DMST Token). Users will also share in the revenue generated by the company through a (POS) Proof of Stake algorithm. Students will not only receive the best Decentralized Knowledge in this industry but they will be trained in a masterful Decentralized mindset which will transform there entire world.
Initial Coin Offering
Amount of tokens 150 000 000:
  • 66.7%: ICO (100,000,000)
  • 20%: Bounty (30,000,000)
  • 3.3%: Referral Pool (5,000,000)
  • 3.3%: Airdrop (5,000,000)
  • 3.3%: Operation cost (5,000,000)
  • 3.3%: Contest Giveaways (5,000,000)

Decentralized Mindset Token

  • Name : Decentralized Mindset Token
  • Type : ERC20
  • Symbol : DMST
  • Platform : Ethereum
  • General release : 150,000,000 DMST
  • Contract : 0xced8be08a2b5d2cba4e4c0b51e8d173f9568eace
  • Decimal : 18

ROADMAP

  • January 2018
Started Creation of The White PapersThe White papers for the Decentralized Mindset Institute was conceived and Writing with the concept to create the first Decentralized Platform for online courses. This document was created with authenticity and original research with regards to the online course data and information with the intentions to disrupt this $325 Billion Industry. The Decentralized Mindset Institute coin has a POS Stake standard smart contract and a DAPP with the intentions not just to have a coin but to add functionality to our token.
  • March 2018
Start Developing Smart ContractsThe smart contracts where developed with the Proof of Stake Standard as we desired to motivate people to earn rewards staking our token which could add value to our token as well as teach people how to stake. It was really a task to create our smart contract with the specific algorithm 100% rewards the first year, 50% the 2nd year and 3% the next 10 or 11 years after. We ran several test in order to make sure that this Proof of Stake would work as we desired. The DMSI Token will not only be used to exchange for the decentralized course but it will be used for participants to stake.
  • June 2018
Developing ICO Concept and IdeologyThe Initial ICO Plan included bitcoin talk and a Bounty Manager following the ICO traditional methodology. We envisioned the entire world understanding that there is a very strong demand for a more decentralized mentality and reality in order for the people to reach economic financial freedom. We would use the influence of bounty hunters all around the world basically focusing on bitcoin talk as the main source of the ICO bounty team. Our mindset was mainly focused on the ideal.
  • July 2018
Marketing Plan Creation & Advertising StrategyWe have been studying online marketing for over 5 years and we have studied with the top online marketing companies in the industry starting with the great company Empower Network and learning how to blog Vlog and create massive traffic funnels. We have learned the top data service companies within the Crypto Currency Industry. We fully understand CPC, PPC Banner ad marketing, Creating Funnels, Bing Ads and marketing on social media. We decided that we must first understand the market upon which we are trying to disrupt and find the audience that we are targeting and offer them a solution to a big problem which is the same problem for most of us which is transactions, Charge backs, hacking of information and fees of transactions. Our marketing . Our Marketing strategy has the capability of reaching millions within the crypto currency industry. We will accumulate the bounty hunters with a healthy bounty reward program and we will also add our own experience in creating traffic and send this traffic to our bounty manager.We have added contest and major media influencers to our marketing strategy on all the Social media platforms with specific attention to the Crypto Currency market.
  • August 2018
DMST ICO Website starts its Original DevelopmentWe used our own in house web designers from our team to develop our website as we took much pride in the project. We as a team created a vision of creating the First Decentralized Platform for Online Classes. We actually paid a guy in India to do our website in the beginning but to our surprise after half the website was finished the guy ran off with our funds leaving us at a disarray nevertheless our commitment to this project and all the funds which we had already invested we decided to let one of our in-house team members complete the project.
  • November 2018
Testing ICO Platform Site & Finalizing LaunchThe Decentralized Mindset Team start becoming more familiar with the website features and platform testing its functions and testing with test bitcoin and Ethereum. We went through several test making sure that we could provide for participants in the bounty as well as the token purchasers.
  • December 2018
Creation of Bounty Bitcoin Talk platform & ANNThe Team contacted a bounty manager months prior to the creation of the launch. We worked with this guy for 6 months and finally where ready to launch Announcement. We gave him the entire team and the project upon which development started for the announcement!
  • January 2019
We Intended On Starting Our Pre-ICO On Bitcoin TalkWe intended on starting this project on January 2019 on Bitcoin talk. We Officially Announced our ICO to Bitcoin talk on January 14, 2019. A blogger who was looking for recognition saw our ICO on January 03, 2019 and because it was still in construction we still had photos which came with the ICO template for the website . This guy who no one knows as Bitcoin Talk Bloggers hide behind their usernames posted on January the 3rd that we had a fake team but we never officially launched until January 14, 2019 When our official announcement came out from our Bounty manager. It was a witch hunt. We realize that bitcointalk is a centralized platform with many infiltration of the powers to be and have a real problem with a company called the Decentralized Mindset Institute. Immediately our Bounty manager went to our defense and Showed that we officially Announced our Bounty and Announcement on January 14,2019. It was all lies in order to stop a movement called the Decentralized Mindset Institute. It is ironic how we share our entire team and all their qualifications but these blogger on bitcoin talk only use usernames and we know not who they really are in reality.
  • February 2019
Reconstructed the Entire Concept of BountyThe Decentralized Mindset Institute after only 3 days told the entire team that we will prove all wrong and that our vision would continue. We immediately decided no single platform will have the final decision of our dreams and that we needed to decentralize the whole process of an ICO as this is a method that average people have to obtain the funding to develop their ideals. We created a website with all the functionality to decentralize this process. We will not allow anyone or platform to totally control our Destiny or our reach to the public.
  • March 2019
Creation of New Website, Creation of the New Methodology for ICO BountyBased on our experience of being singled out on our first attempt to launch, We decided to never allow anyone to control the flow of our traffic. We also realized that we needed to Decentralize the Process of ICO bounties. and put the People more in control of the future of an ICO or Bounties. Now with this in consideration we created the new website as well as the concept and ideology for the Bounty and ICO.
  • May 2019
Create New Partnership Decentralize Entire Bounty ProcessThe Crypto Currency Industry although has the potential to become the most powerful innovative technology ever in the History of the World, It also has the potential to become the most Dangerous technology with the power to enslave us more than any current government, bank, institution or System if we are not conscious of all its possibilities. Our mission is not just to launch this project but we are creating an entire new way to decentralize the process of the ICO Crowdfunding and bounty platform. We have also made new partnerships which will be announced during the bounty and Initial coin Offer.
  • July 2019
Rebuild Bounty Platform on DMST Platform Restructure The Marketing PlanWe have rebuilt the ICO Bounty platform on the DMST Website, although we have found several Bounty managers capable of managing our ICO on several Platforms our DMST Website has all the capabilities to host the entire bounty process from the Authenticating of the Bounty Manager to the actual posting of the actual postings of all the Bounty Hunters. We are totally independent. We had to develop an entirely new marketing concept.
  • August 2019
Testing of New Bounty Platform. Re-Invent Method of Bounty. Hire New Bounty Manager.The Decentralized Mindset Institute team has now started testing the functionality of the website and its ability to host the entire bounty and ICO without utilizing just one single platform. We have a Team around the world who follow us and believe in the project whom we appreciate for assisting us in the testing of this new concept.
  • September 2019
Creation of the DMSI Announcement (ANN) and start Pre-LaunchSeptember our we started searching for a unique individual Bounty Manager who understood our vision and ready to help us create a unique marketing strategy. We have interviewed several managers not just looking for skill set but also looking for someone who truly understands the word Decentralization.
  • October 2019
Upgraded our ServersAfter Upgrading servers to our surprise several reconnection links where re-established and we had much technical work as the website built is actually several websites within one. Testing of this new server takes place and several testing of website to make sure all is
  • November 2019
Official Pre LaunchWe have now officially assigned a Bounty Manager and ready to create Prelaunch with a unique Affiliate link campaign which participant must authenticate with Bounty manager and separately go to website and receive affiliate link. In order to qualify for Affiliate link campaign Bounty Hunters will receive link and purchase $10 of DMST Tokens to receive 5% commission in BTC of all sales generated with affiliate link paid weekly. Payment must accede $10 in order to receive BTC. All tokens will be 50% off in the Pre ICO Stag. This ICO will make sure that the bounty hunters walk away with value before the company builds its platform and value of the company setting a new standard for ICOs and bounties
  • December 30th 2019
Newsletter Updates & Announcement of PartnershipsThe Decentralized Mindset team and Administration will provide a Newsletter to keep the participants informed as to the projects progress. Our team is not just building a coin we are constantly creating new functionality for our coin which will add to the usability of the coin which in return will create Value. We will at a later date Introduce a major partnership which will assist in the credibility of this company.
  • January 2020
We enter the Second Phase of the ICO BountyThe DMST tokens will now become full price of .10 cents per coin by now you have missed all discounts as we begin to head towards the finish line. Several giveaways and contest will start in order to further reward those who have made the journey successful. Newsletters will continue to inform the bounty participants as to the status of the bounty and the direction of the company in regards to the status of the Platform.
  • February 2020
Exchange Announcement!We will announce which exchange the DMST token will be on in a newsletter and announce the winners of special contest which will involve bounty hunters whom we have a secret surprise for the best performers! ALL Partnerships and developments of the platform will be announced and the start of the DAPP will be announced and updated.
  • March 2020
End of ICO BountyThe Bounty will be finalized on this date and we would have created the movement and awareness of out platform. We also anticipate now having the resources to create the actual platform which will Disrupt a $325 billion dollar Industry called the Online course Industry.
  • April 2020
Distribution of Bounty Tokens & Proof of Stake StartsThe Bounty spreadsheet will be finalized and all participants will be rewarded shares will be divided and special awards will be presented for those who went to the next level with the commitment towards building this platform. The Decentralized Institute will also announce Certain members who participated in the Bounty official members of the team as we will analyze individuals for permanent roles or positions in the company! The Smart contracts will start its algorithm on the proof of stake standard and all those who choose to stake the token will start earning as of this date.
  • May 2020
DMSI Crypto Currency Platform Will Begin Its Development!We will be developing the Platform at this time as we have developed relationships with programmers and coders. We will also start creating a much larger team that will help fulfill the vision. The DMSI team will start creating the development for the DAPP and building our platform with all the passion that we have accumulated throughout this mission.
  • 3rd Quarter of 2020
Platform Launch & Announcement for BETA testing of the DAPPThe DMSI team will start choosing individuals to test our DAPP and Announce the launching of the DMSI platform. We Will start allowing the public to utilize this platform and the Decentralized Payment system as the disruption begins.

Team

DAPP Conclusion

We will make this DAPP with consistency in order to create more usability for the DMST token as well as the Decentralized Mindset Institute courses. DMI will create the biggest decentralized online platform for all courses and instructors of courses who wish to have a more safer environment for transactions as well as a faster effortless transaction process by using The DMST Crypto Currency Token. The Decentralized Mindset Institute DAPP will be first tested on Cryptocurrency, blockchain Technology courses created by the Decentralized Mindset Institute instructors. The DAPP will make the courses more accessible and allow users to earn while they learn.

To get more detailed information please visit the link below:


Author of article:

NAMEDarmanzds
ETHEREUM WALLET0x5D3a65A9A184d6f83aA5fd791D33903e788EeC79
BITCOINTALK PROFILEhttps://bitcointalk.org/index.php?action=profile;u=2715549
FACEBOOKhttps://www.facebook.com/jarjitSingh
TWITTERhttps://twitter.com/JarjitSingh
LINKEDINhttps://www.linkedin.com/in/JarjitSingh
YOUTUBEhttps://www.youtube.com/watch?v=QiV_MYkjPW0
Ethereum is an inflationary currency. Its supply constantly grows, and there is no maximum limit on ETH supply. It’s the same with any fiat currency, actually. There can be as many USD in circulation as the US government wants to print. By the way, the situation is very different with Bitcoin, where the upper limit is set at 21 million BTC — and no more BTC will be mined beyond this point.
The difference between inflationary USD and inflationary ETH is that new ether is mined according to an algorithm. At any given moment, you can calculate how many new ETH will be produced on the main chain in the next 24 hours, week, or month. For example, right now the block reward is 2 ETH per block, and the average block time is 20 seconds. So about 6 new ETH are created every minute, 6*60=360 ETH every hour, and 360*24=8640 ETH every 24 hours.

How Ethereum block rewards work?

In 2Ether, block rewards are dynamic. How much a miner receives for finding a new block depends on the block height, current market price, and the miner’s hashrate. We believe it’s a much fairer model compared to what Ethereum and Bitcoin use now. But before we can explain our block rewards, we need to look at how they work in Ethereum.
As you know, blockchain transactions are grouped into blocks. Miners confirm transactions, and once a certain number is collected, a new block is formed. The maximum size of a block is limited. For Bitcoin, the max size is 1 MB per block, but the number of transactions in it depend on how many bytes each contains. In April 2019, the average number of Bitcoin operations per block reached a record value of 2700 per block.

Dynamic block rewards

In the first stage of the project, 2Ether miners will receive a fixed reward of 5 ET2 per block, with the average block time of 60 seconds (1440 blocks every 24 hours). Thus, circa 7 200 ET2 will be added to the system every 24 hours. At the block height of 388 800 (roughly 9 months after launch), the dynamic reward system will kick in. This section first describes the overall problem of the reduction of block rewards. Next, we describe the solution offered by 2Ether, which will keep inflation low and stable and incentivize small miners and stakeholders.

The problem of decreasing block rewards

One of the most debated issues surrounding Ethereum is the size of the block reward. For miners, block rewards are the main source of income. On the other hand, it’s also the only source of new coins on the market. The number of ethers (Bitcoins, etc.) in circulation is constantly expanding, because miners sell the coins they receive as rewards. This is a source of anxiety, because a currency like Ethereum is inflationary by nature. Some people feel that the normal laws of supply, demand and inflation don’t apply to cryptocurrencies, because the demand is growing very fast that it will readily consume all the available supply. However, if the supply grows beyond a certain limit, the price of ether (or any other mineable coin) can start falling.

The solution from 2Ether

A large part of the Ethereum community was unhappy with this decision. Since the price of ether didn’t show such a strong growth in 2019 as the price of BTC, life became much harder for CPU and GPU miners. This is one of the reasons behind the creation of 2Ether. Our goal is to make sure that all members of the community can profit from mining — and that those who do most for the network earn most. The dynamic reward scheme proposed by 2Ether consists of 3 elements: base rewards as a function of the current supply, adjustment for price and increased rewards for independent miners.
1) Dynamic base reward Here 2Ether is partly inspired by the solution implemented in Monero. The base is calculated in accordance with the following formula: BaseReward = ((Maximum supply — current supply in circulation)/Maximum supply)*(5+(Current supply/15). Therefore, in the hypothetical origin point when the current circulating supply is zero, the reward would be 5 ET2 per block. (The maximum possible supply of ET2 is 18e14.) As more ET2 coins are mined, the base reward will slowly go down. Even when the current supply gets really large,the base reward will remain large enough to attract miners. The base reward calculated according to this formula is completely predictable.
2) Base reward adjustment according to price The idea of reducing block rewards to curb inflation is based on one assumption: that when the influx of new coins is reduced, the price should grow. But this isn’t necessarily the case. A general downturn in the crypto market can cause the price to go down suddenly. For example, any negative dynamics in the Bitcoin market can affect ET2 as a side effect. When the price is down, miners get less fiat for their coins. But since they have to pay their expenses (electricity, equipment, renting the space for the farm, etc.) in fiat, their costs won’t change. The resulting difference (net profit) can easily become negative, forcing them to leave the market.
3) Increased rewards for CPU and GPU miners Every miner whose hashrate doesn’t exceed 100 Mh/s will enjoy an additional increase in their rewards. The resulting reward will be calculated as follows: Reward for GPU/CPU miners = (Price-adjusted reward)*((100Ms/s-Hashrate)/100).

2EtherEX — a decentralized exchange by 2Ether

Between January and September 2019, over $1 billion was stolen by hackers from centralized exchanges. Security risks are pushing more and more investors to switch to decentralized exchanges (DEX).

Free smart contract audit

  • The importance of contract audit
Smart contracts are a crucial element of any blockchain network based on Ethereum. They are self-executing programs that are activated when a designated set of conditions are met. An ICO contract is a classic example. As soon as an investor sends money to a project’s ICO wallet, the corresponding number of tokens is calculated, and they are sent to the buyer’s address. The process is completely automatic.
  • The mechanism of smart contract audit with 2Ether
The main challenge standing before blockchain projects in terms of security can be formulated like this: finding a smart contract audit provider that is both affordable and reliable.
The audit platform from 2Ether will provide an innovative and decentralized solution. Project will have access to various audit options: from largely automated check with limited manual control to extended manual bug testing.

Here are the steps included in the audit procedure:

  • Stage 1 — Preparation
1) The team or founders provides full information about the project: its White Paper, website, tokenomics, technical paper, etc. This is necessary because the community has to verify that the project is legitimate and not a scam. Besides, checking how the functions in the smart contract work requires an understanding of the project itself.
2) If the project is accepted for audit by the community (by means of a vote), developers are invited to supply the code. It can come as a GitHub repository, as a compressed archive on Truffle, or even already deployed in a test network.
3) The team chooses the audit format: entry-level free audit or one of the advanced options. If they choose a premium audit format, they’ll need to pay the
necessary amount. The founders also need to enter their time-frame or deadline for the audit. This way, busy auditors who have a lot on their plate won’t join.
4) If there is a fee, it’s being distributed to the verifiers but remains staked an inaccessible until the end of the audit. Plus, the auditors need to make additional stakes in ET2 to make sure they do their job well.
5) Those verifiers among the community who wish to participate can ask questions of the development team to clarify how the contract works.
  • Stage 2 — First-level audit (Free)
1) Preliminary consideration — the auditors read the code, evaluate the quality of the design, and look at the libraries used. They also consider how well automatic testing can work for the specific contract. If the project chose free audit, but the verifiers see that automated tools won’t be able to detect some critical issues (because the contract is complex), they inform the team about it and suggest a paid option.
2) Automated audit — the auditors pass the code through a number of sophisticated tools that detect most common vulnerabilities.
3) Overall code analysis — for free audit, this is the last stage. The auditors give their evaluation of the code quality. They check that there’s no duplicate code, that all variables are correctly named, that functions are duly visible, etc.
  • Stage 3: Deep audit (Paid)
1) Line-by-line analysis: this is the first paid step. The auditors analyze the code line by line. They look for such vulnerabilities as Race Conditions and Reentrancy, Integer Overflow and Underflow, Front Running and Timestamp Dependencies, DoS attacks, Block Gas Limit issues, Storage Pointer Exploits, and so on.
2) The auditors form a list of all the vulnerabilities they found, dividing them into minor, serious, and critical.
3) Search for coding errors — a smart contract can malfunction simply because there are mistakes in the code and not because of any hacker attack. For this reason, the auditors also need to look at how its functions are written and if all the formulas are correct.
4) Efficiency analysis — the auditors verify that the smart contract uses gas efficiently and if there’s any option to reduce the amount of consumed gas.
5) Test deployment — the smart contract is deployed in a test network and various hacker attacks are simulated.
  • Stage 4 — Post-audit
1) Each auditor prepares a report with a list of issues, their descriptions, and recommendations on how to fix them. For free audit, the reports only cover the issues found by automatic tools and first-level manual analysis. The project team receives the reports and has 3 days to review them.
2) If the team approves the reports as valid, the auditors receive their reward. If the team fails to approve the results within 3 days, the reward is released anyway. If the team finds something wrong with the report, it can initiate an appeal procedure — the result will be determined by the community.
3) Once the team implements the suggested fixes, it can apply for a second round of audit. Since all the bugs that could be found with automatic tools have already been found, the second round has to be manual and carried out by the same auditors.

Fee structure

A project has two options when it comes to IEO fees:
1) Paying a fixed sum upfront and then keeping all the funds it raises.
The amount will be calculated by the system based on the ratings given by verifiers. A project with a very high rating is some fields (presentation, potential profitability, team) can be expected to raise more money, so the amount will be increased. On the other hand, a project with a high utility (for example, in the infrastructure field) can benefit the whole community, so the fee will be reduced. On average, the amount won’t exceed $1000. All this money will be allocated to verifiers and full node owners.
2) A smaller initial fee plus a small percentage of the raised amount.
This is great for projects on a low budget. On the other hand, if an IEO raises a lot of money, the fee can turn out to be much higher than in option 1).

Details about the ET2 token

  • Symbol: ET2
  • Blockchain: 2Ether (derived from Ethereum)
  • Decimals: 18
  • Mining algorithm: Proof-of-work with incentives for CPU/GPU miners
  • Average block time: 60 seconds

ROADMAP

2019Q2 2019
Formation of the team & ideation
Q3 2019
Fork planning & coding
Q4 2019
Network launch & bounty campaign
2020Q1 2020
Launch of the decentralizedexchange
Q2 20202
Ether Wallet 2.0release & gateway integrations
Q3 2020
Introduction of crowdsourcedsmart contract audit
Q4 2020
Implementation of theIEO platform and first IEOs
2021Q1 2021
AI algorithm for contract auditis ready
Q2 2021
AI-based contract auditand IEO evaluation

For more detailed information, please visit the official link of the project below:


Meine ETH: 0xACE2d47039C296a158e6EE1827300e6B098B9B0B

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