Idea & Token
OneLedger is a blockchain protocol connecting different blockchains and providing inter-network exchange for businesses. Business customers will be able to use OneLedger modularization tools to build their business applications, which then will communicate with OneLedger protocol by using its API gateway. The applications will interact with different public and private blockchains synchronously through side chains. In addition OneLedger will use a system of sharding. As a result the ecosystem gets very high network performance and transaction speed. One more option is to create a decentralized exchange that will use side chains and have the same features – extreme performance and transaction speed. With OneLedger, customers will also be able to use and transfer DApp applications, as well as get assistance with AI support and stream optimization. The project has a number of competitors, though the target market is still open and each of the main players has a capitalization of $200+ million.
The utility token called OLT will be used on the platform for transactions between users, nodes, and developers. Users will pay a network fee to nodes for using the services on the platform. In the early stages anybody can become a node. Developers, from an individual developer to a large team, will need OLT tokens to deploy their modules to the platform. They will define smart contracts for using their services – they can be free, with a one-time fee, or based on a subscription. A total token supply is 100 million. The distribution is as follows: 32% – sale, 25% – community reserve, 15% – team and advisors, 15% – marketing and partners, 10% company reserve.
The team of 9 specialists is bringing their previous experience in building blockchain protocol, developing consensus algorithms, cloud and high-performance computing, and information security. The project CEO David Cao has 19 years of experience in IT (including as a developer), blockchain, and enterprise architecture, previously worked for such companies as IBM and Xerox. Nine advisors add their experience in distributed ledger technology, security, legal, marketing, and conducting ICO campaigns.
OneLedger has a highly demanded idea, a solid market waiting for the projects like this, a strong team and partners. Even weaker projects in this sphere have already got their market share and grown up significantly. From this point of view the project is very promising. We only want you to pay attention to the absence of MVP which is planned to Q2 2018. Its release may change the project disposition to any side.
An excellent project with a demanded idea and led by a solid team. It’s not a unique one, but stronger than its competitors, therefore it has everything for success.
OneLedger ICO datesexport to calend
OneLedger enables you to focus building your business application through OneLedger modularization tools, which will communicate with OneLedger protocol using its API gateway. This mechanism will make your business application interact with different public and private blockchains synchronously through corresponding side chains implemented in OneLedger platform.