MEMORITY PLATFORM REVIEW
Memority is a team of programmers, blockchain developers, legal and marketing departments. We are developing revolutionary new technologies in data storage field. For more than half a year our team has been working on the development of the Memority platform to help people and companies around the world keep their data entirely safe.
Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. The system automatically keeps 10 files copies in independent storages all over the world at all time. Files are encrypted with a private key that only their owner has. Memority employs the same data protection technology as used in blockchain-based wallets.
Benefits Of Memory
The developers Memority added to your project using the best features and options available storage services a cloud type. Also, unique functions are introduced, for example — storing a hash in the blockchain to protect against data forgery.
SOME ADVANTAGES OF MEMORITY
Open API. After the launch of the platform, the developers will open it to everyone who wants to create third-party solutions based on Memory. This will allow to quickly increase the scale, by attracting new members and developers to use Memory. The potential of the platform will allow to create both
General-purpose and specialized storage: in Finance, medicine, public administration, etc.the opportunity of material encouragement of third — party developers, Provided by the creators of Memory, with the help of MMR tokens, will stimulate the use of the platform.
Self sufficiency: The work of Memory is carried out on distributed computers of participants (hosts and miners) and does not depend on centralized systems: servers, platforms, administration, etc.
Encryption: Each owner's information is encrypted with a unique key that only the owner has access to. Therefore, to display the information stored can only be one who uploaded it in Memority.
Protection against deletion: A special monitoring system constantly scans files and maintains the required number of copies.
How Memority Blockchain Data Storage Platform Works
Memority is developing a decentralized platform that will allow users to store their data on a blockchain. For users, Memority will resemble a familiar cloud storage service, but the platform offers unique differences: its use of a blockchain guarantees that all data is permanently stored, since it could not be lost with the failure of any central server, and its use of strong encryption ensures that even the platform's developers can never access what users save.
Memority's users will need to pay for the service with the platform's internal cryptocurrency, the MMR token. However, users who host an entire copy of the blockchain on their computer (a “full node”) will be able to use the service for free.
Memority is also releasing an API, which can be used to create third-party programs that access the service. The company encourages developers to use the service for as wide a variety of applications as possible, and promises rewards each byte of data they draw to the platform.
The platform is still very in its progress: the open alpha version was released in April 2018, and a beta version is planned for a release in July. The full version won't be released until early 2019.
MEMORITY MMR TOKEN AND ICO DETAILS
The Memority platform has its own token called MMR, but users will only be able to purchase the Ethereum based Token called EMT during the public sale. It will also be used as a reward system for miners on the platform. Once the platform launches, holders of EMT will be able to exchange it for MMR at a 1:1 ratio.
The token is being offered for sale between May 16th and October 1st, 2018. The official ICO begins on May 31st, with a pre-sale running through May, though it appears that the pre-sale is entirely open to the public. A total of 1,500,000,000 tokens have been created prior to the ICO, though only 57% of these are available to the public.
During the ICO, the base cost of tokens is $0.10 USD each, though it appears that a discount is available throughout the entire public sale; during the pre-ICO, buyers receive a 20% discount, and then the ICO is divided into three phases with 15%, 10%, and 5% reductions which last until its final day. Tokens can be bought using Ethereum, Bitcoin, Litecoin, and several fiat currencies.
The ICO does not appear to require any know-your-customer verification, which could put the company in a perilous position as certain jurisdictions become increasingly strict with cryptocurrency investing.
MEMORITY (EMT) TOKEN DETAILS
Pre-sale Time: 16 May 2018 - 31 May 2018
ICO Time: 31 May 2018 - 01 Oct 2018
Token Type: ERC20
Available for sale:
855,000,000 EMT (57%)
Pre-sale Price : 1.2 EMT = 0.1 USD
ICO Price: 1 EMT = 0.1 USD
Accepting: ETH, BTC, LTC, BCH, Fiat
Soft cap: 5,000,000 USD
Hard cap: 85,500,000 USD
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