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Description

Description


iOlite is a community-driven knowledge base for naturalized languages which allows an easier human-machine interfacing. iOlite is constantly learning how to communicate with machines. It receives text as an input in any language, programming or natural (English, Russian, etc.), and migrates it to the target machine’s programming language, e.g. Solidity smart contracts in Ethereum.

The ILT token is an Ethereum-based (ER-C20) cryptocurrency. It can be used as a mean for value-transfer inside the iOlite network and is required to pay author fees to use smart contracts.

Full Name iOlite (ILT)
Start Date N/A
Algorithm Ethash
Proof Type PoW
Website https://iolite.io/?utm_medium=tbanner&utm_source=cryptocompare&utm_campaign=newsletter
Twitter @iOliteLabs
Facebook https://www.facebook.com/iolitelabs/
Reddit https://www.reddit.com/r/iOlite/
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


iOlite is a community-driven knowledge base for naturalized languages which allows an easier human-machine interfacing. iOlite is constantly learning how to communicate with machines. It receives text as an input in any language, programming or natural (English, Russian, etc.), and migrates it to the target machine’s programming language, e.g. Solidity smart contracts in Ethereum.

The ILT token is an Ethereum-based (ER-C20) cryptocurrency. It can be used as a mean for value-transfer inside the iOlite network and is required to pay author fees to use smart contracts.

Team:

  • Alfred Shaffir: Co-Founder, CEO 
  • Dmitry Kuzminov: Co-Founder, CTO 
  • Vladyslav Makarian: VP R&D 
  • Artem Gorbachev: Blockchain Expert, PHD 
  • Hosam Mazawi: Marketing Manager
  • Richard Sanders: Operations and Community Manager 

The iOlite Public presale will start: 10-March-2018 and will end on the 21-March-2018.

The iOlite ICO will start on the 21st of March, 2018 and will last until the 14th of April, 2018. The ICO token allocation represents 65% of the total token supply and will be available for a $0.0221 starting price. The ICO funding target is set at $1000000 and the cap is set at $12500000. 

Token Reserve Split (35%):

  • Marketing, R&D, operations - 10%
  • Team - 15%
  • Bounties, partners and Service providers - 10%

The ILT ICO will feature a bonus and bounty campaign. The token will be mineable, with its supply increasing on an inflation model similar to that of Ethereum.

 

ICO Status Ongoing
Token Supply 1000000000
Start Date 2018-03-21
End Date 2018-04-14
Fund Raised (BTC) 1159.28 ETH 1,926,746 USD
Fund Raised (USD) 2226746
Start Price (USD) 0.01768
Security Audit Company Zerion
ICO Legal Form LLC
ICO Jurisdiction Estonia
Legal Advisers Attela
Blog https://medium.com/@iolite
White Paper https://www.iolite.io/docs/iolite_witepaper_rev3.pdf
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