Website

Everest (ID)

ICO

Last updated: Nov 30, 2019

Everest is a decentralized platform incorporating a massively scalable payment solution, EverChain, with a multi-currency wallet, EverWallet, and a native biometric identity system, EverID.

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Overview

Project industry	Blockchain Infrastructure / Ethereum Ecosystem
Product type	Platform
Founded	United States
Whitepaper	Open

What is Everest

Everest has created a comprehensive value delivery and data management solution based upon four core technologies:

EverID, a user-centric, self-sovereign identity system that is designed to bridge the digital and physical worlds through individual biometric identity. Each individual identity and each transaction are recorded into a durable, permanent, auditable storage system powered by private Ethereum blockchains and an IPFS Storage Array. Everest will continue to add biometric identification methods to EverID as the capabilities of mobile terminals change. EverID allows individuals to be in control of their identity information, how that identity information is used, and by whom.

EverWallet, leveraging EverID as the definitive source of identification of the individual, provides value exchange and document storage to anyone, without requiring them to own technology. Able to hold vouchers for goods or services, as well as currencies, denominated in USD-pegged CRDT tokens ensures that the value oft he items remain stable during and after delivery.

EverChain, a private, permissioned instance of the Enterprise Ethereum blockchain is the robust transaction system that records all of the value transfers, identity verification, API transactions, and activity on the Everest platform.

Everest Supernodes host the centralized resources needed to operate the Everest Platform, which ensure that the individual’s information is always available and backed up and that the platform is able to interact meaningfully with external resources.

Details

Public sales: Nov 01, 2018 - Nov 30, 2018
Token supply: 800,000,000 ID
Soft cap: 2,000,000 USD
Hard cap: 20,000,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: China, Korea, Pakistan
Registration country: United States

Token info

Ticker: ID
Type: Utility-token
Token price in USD: 1 ID= 0.09 USD
Accepted currencies: ETH, BTC, Fiat
Token distribution:
38% - Seed, Presale & Bounty
37.5% - Strategic Partners, Team Members, Founders, Board Memebers and Advisors
24.5% - Reserved for Future Employees, other Value Exchange and Future Sales
Funds allocation:
29% - Infrastructure
20% - Engineering & Integrations
19% - Legal, Licenses, Ops
15% - Sales & Marketing
10% - Regional Rollouts
7% - Customer Acquisition