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iTrue

ICO
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iTrue is a Blockchain-as-a-Service solution with a built-in authentication system with biometrics as its core microservice, enabling enterprises and developers to build secure, scalable and extensible applications.

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Overview

Project industryBlockchain Infrastructure
Product typeTechnology
WhitepaperiTrue White Paper Open

What is iTrue

iTrue is a Blockchain-as-a-Service (BaaS) solution that integrates a biometrics-based authentication system. The iTrue platform will allow companies and developers to authenticate their users, build proprietary blockchain network and earn rewards. Users can employ the solution to get authenticated, control and manage their data and get rewarded for sharing it.

The tem is issuing an ERC20 ITU token that will be employed for all payments and rewards on the platform. For example, individuals can use tokens to pay for access to decentralized applications.

Details

Pre-sales: Sep 03, 2018 - Oct 03, 2018
Public sales: Dec 16, 2018 - Jan 16, 2019
Token supply: 4,800,000,000
Soft cap: 7,500,000USD (fiat)
Hard cap: 40,000,000 USD(fiat)

Token info

Ticker: ITU
Type: Utility-token
Token price in USD: 1 ITU = 0.01 USD
Accepted currencies: ETH
Bonus program:
Pre ICO: 40% discount
ICO part 1:
Day 1: 30% discount
Week 1: 20% discount
Weeks 2-3: 15% discount
ICO part 2:
Day 1: 15% discount
Week 1: 10% discount
Weeks 2-3: 5% discount
Token distribution:
60% - For Sale
22% - iTrue Foundation
10% - Team
7% - Advisors
1% - Bounty
Funds allocation:
40% - Marketing & Business Development
40% - Research and Development
12% - Legal Issues
8% - Expenses on Management

iTrue Roadmap

1
Q2 – Q4 2017

Identification of competitors and market analysis

2
Q4 2017 – Q2 2018

Development of technical specifications, project architecture and a system of automated human face recognition

3
Q1 – Q2 2018

Development of Stone storage: Fast and scalable like DB, immutable and transparent like blockchain

4
Q2 – Q3 2018

Development of APIs to connect microservices with Stone storage

5
July 2018

iTrue company registration in Hong Kong.
GDPR took effect. iTrue architecture and its microservices are already designed in accordance with GDPR requirements

6
September 2018

iTrue subsidiaries registration in India and Lebanon.
Filing form D 506 exemption notice for submission to SEC, opening the token sale for US accredited investors

7
October 2018

MVP: facial recognition system and Stone storage. Users can register their faces and log into account without passwords. Blockchain storage that comply with GDPR.
iTrue joined the Bancor Network. iTrue will integrate the Bancor Protocol and follow specific guidelines for creating a Smart Token to offer ITU token.

8
Q3 2018 - Q1 2019

Token Sale

9
Q4 2018 - Q1 2019

Expansion to the Arab Maghreb Union, India and the CIS. Launch of 20 pilot projects in banking, insurance, surveillance, ecommerce industries.
Opening iTrue community for third party developers; Opening the platform for third party microservices developers so they can build own microservices to expand iTrue platform functionality and community

10
Q4 2018 - Q2 2019

Development of a payment system and an IDV system to verify citizens of India, Bangladesh, Russia, Lebanon and Qatar

11
Q1 2019

Launch of the platform for Privacy Control and Data Sharing between Users and Clients. Users will be able to control their privacy and get tokens for its controlled data distribution to Clients

12
Q2 2019

Development of 5 additional microservices to make personal life and business processes easier and safer, available for integration to the projects of iTrue platform third party developers.
Launch the platform for third party developers of applications so they can use iTrue and third party developers microservices by building enterprise/consumer dapps and getting tokens on selling dapps to Business and Users

13
Q3 2019

Launch of a fully-functional platform enabling Web 3.0 projects and DApps

14
Q2 – Q3 2019

Expansion to the countries of ASEAN. Launch of 50 pilot projects in banking, insurance, surveillance, ecommerce industries

15
Q3 – Q4 2019

Development of 20 additional micro services to solve day to day issues of Business and Users.
Development of an IDV system to verify citizens of the China, Thailand and Indonesia

Project team

Mikhail Podlinev
Mikhail Podlinev
Chief Operating Officer
Mikhail Podlinev linkedin
Maxim Tkachenko
Maxim Tkachenko
СEO
Maxim Tkachenko linkedin
Abhishek Gangwar
Abhishek Gangwar
Chief CV Engineer
Abhishek Gangwar linkedin
Antoshi Popov
Antoshi Popov
Chief Strategy Officer
Antoshi Popov linkedin
Evgeny Prosvirin
Evgeny Prosvirin
Frontend Developer
Evgeny Prosvirin linkedin
J. Angelo Racoma
J. Angelo Racoma
Content Strategist
J. Angelo Racoma linkedin
Egor Savushkin
Egor Savushkin
Chief Business Development Officer
Egor Savushkin linkedin
Raul Abdullin
Raul Abdullin
Art Director
Raul Abdullin linkedin
Maria Anishchenkova (Sometti)
Maria Anishchenkova (Sometti)
Lead PR Manager
Maria Anishchenkova (Sometti) linkedin
Pankhuri Bansal
Pankhuri Bansal
Analyst and Research Writer
Pankhuri Bansal linkedin
Elano Silveira
Elano Silveira
PR Manager, LATAM
Elano Silveira linkedin
Heather Lo
Heather Lo
Community manager, ASEAN
Heather Lo linkedin
Ann Okruzhko
Ann Okruzhko
Community manager, CIS
Ann Okruzhko linkedin
Maxim Akinin
Maxim Akinin
CTO
Maxim Akinin linkedin

Advisors

Ahmad Aliek
Ahmad Aliek
Financial Strategy Advisor
Ahmad Aliek linkedin
Raphael Hukai
Raphael Hukai
Chief Technology Advisor
Raphael Hukai linkedin

Social media

iTrue web-siteiTrue RedditiTrue MediumiTrue TelegramiTrue InstagramiTrue BTCTalkiTrue LinkedIniTrue TwitteriTrue FacebookiTrue Github

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