Past ICODec 16, 2018 – Jan 16, 2019
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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|Project industry||Blockchain Infrastructure|
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.
ICO DetailsICO token supply: 4,800,000,000
Soft cap: 7,500,000USD (fiat)
Hard cap: 40,000,000 USD(fiat)
LegalICO Platform: Separate blockchain
Token infoTicker: ITU
Token price in USD: 1 ITU = 0.01 USD
Accepted currencies: ETH
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
60% - For Sale
22% - iTrue Foundation
10% - Team
7% - Advisors
1% - Bounty
40% - Marketing & Business Development
40% - Research and Development
12% - Legal Issues
8% - Expenses on Management
Identification of competitors and market analysis
Development of technical specifications, project architecture and a system of automated human face recognition
Development of Stone storage: Fast and scalable like DB, immutable and transparent like blockchain
Development of APIs to connect microservices with Stone storage
iTrue company registration in Hong Kong.
GDPR took effect. iTrue architecture and its microservices are already designed in accordance with GDPR requirements
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
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.
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
Development of a payment system and an IDV system to verify citizens of India, Bangladesh, Russia, Lebanon and Qatar
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
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
Launch of a fully-functional platform enabling Web 3.0 projects and DApps
Expansion to the countries of ASEAN. Launch of 50 pilot projects in banking, insurance, surveillance, ecommerce industries
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
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