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Description

Description


TreeBlock is creating an IoT Blockchain Network for general purpose application. “TreeBlock” is a blockchain that combines Hierarchy Sharding and Time Sharding to create Time Sharding Trees architecture that is able to scale blockchain to a significant number Tps on-chain comparing to existing blockchains. This is a public, general purpose blockchain, and open source. With the ability to scale, TreeBlock can be applied to any project that requires a high-performance blockchain. Our blockchain is going to solve 5 existing problems of blockchain: Scalability – Performance – Security – Storage – Tokenomy. With this Time Sharding Trees architecture, a node can be much smaller and we aim to use IoT as nodes instead of big nodes and big mining pools.

Full Name TreeBlock (TREX)
Start Date 2018-12-07
Algorithm ETH Token
Proof Type N/A
Website https://treeblock.io
Twitter @YourootNews
Facebook N/A
Reddit N/A
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


TreeBlock is creating an IoT Blockchain Network for general purpose application. “TreeBlock” is a blockchain that combines Hierarchy Sharding and Time Sharding to create Time Sharding Trees architecture that is able to scale blockchain to a significant number Tps on-chain comparing to existing blockchains. This is a public, general purpose blockchain, and open source. With the ability to scale, TreeBlock can be applied to any project that requires a high-performance blockchain. Our blockchain is going to solve 5 existing problems of blockchain: Scalability – Performance – Security – Storage – Tokenomy. With this Time Sharding Trees architecture, a node can be much smaller and we aim to use IoT as nodes instead of big nodes and big mining pools.

Team:

  • Anh Le: Founder/CEO/CTO
  • James Gonsalves: Deputy CEO. 
  • Rennie Sng: Chief Financial Officer. 
  • Allan Zhang: Chief Strategy Officer. 

TreeBlock ICO began on July 7, 2018. The ICO token supply represents 25% of the total token supply, so there is a total of 2,500,000,000 TREX tokens available, for 0,00005 TREX each. The ICO funding target is 20,000,000 USD, the funding cap is 50,000,000 USD and is expected to end on June 7, 2019 or when the funding cap is reached.

Token Reserve Split (75%):

  • 40% Community Fund;
  • 10% Marketing;
  • 10% Reserve Development Fund;
  • 5% Partners;
  • 5% Founding Team;
  • 3% Advisors;
  • 2% Bounty.

TreeBlock ICO features a bounty campaign as well as the following bonus structure.

Bonus Structure:

  • 10% for orders in first 500,000,000 Tokens;
  • 7% for orders in next 1,000,000,000 Tokens;
  • 5% for orders in last 1,000,000,000 Tokens.
ICO Status Ongoing
Token Supply 10000000000
Start Date 2018-07-07
End Date 2019-06-07
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.00005
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Singapore
Legal Advisers N/A
Blog https://medium.com/@treeblock
White Paper https://treeblock.io/assets/docs/TreeBlock-Ver1.3.2-08-Sept-2018.pdf
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