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SMSchain (SMSTO)

ICO

Last updated: May 04, 2018

Smschain is a framework between Telecom companies, which will deliver A2P (Application-to-Person) SMS through users wanting to exchange their unused SMS for financial rewards.

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Overview

Project industry	Internet & Telecommunications
Whitepaper	Open

Technical details

SMSChain Protocol is a protocol built on-top of the blockchain infrastructure with a native token. Sending Entities distribute the tokens for sending text messages and the Miners earn tokens by delivering the messages to the end receivers. SMSChain Protocol consists of 4-subprotocol levels, which define the rules and algorithms for different parts of the distributed delivery network operations: SMS Market Protocol (Orders) Message Flow Protocol (Messages) Antifraud/Anti-Spam Protocol Billing Protocol (Billing) Testing Infrastructure Protocol (Test)

What is SMSchain

SMSCHAIN provides an Android application and technical blockchain infrastructure that enables the delivery and semi-automatic trade of SMS messages between Units and SMS Aggregators.

Token info

Ticker: SMSTO
Accepted currencies: ETH
Token distribution:
70% of all tokens for public sale. 25% of all Tokens will be kept by the SMSCHAIN team for development and growth purposes. 5% of all Tokens will be used for marketing, a referral program, and bounty campaigns. Funds Allocation: 10% Contributors 15% Marketing 55% Development 10% Administration 10% Other

SMSchain Roadmap

OCTOBER 2017

Pre-ICO Token Generation Event starts

NOVEMBER 2017

Pre-ICO Token Generation Event starts

DECEMBER 2017

Blockchain Node software development

FEBRUARY 2018

Creation of the first alpha blockchain Node software version with basic functionality.

MARCH 2018

App software development compatible with blockchain

MAY 2018

Alpha app software release

JUNE 2018

Beta app and node software version with extended functionality. Setup of the first nodes, connection of test SMS aggregators, initial SMS traffic tests.

JULY 2018

Release of the final app and node software version, initial small-scale tests with real SMS traffic.

AUGUST 2018

Gradual increase in SMS traffic to working limits, corresponding system adjustments, expansion in terms of units and nodes connected to SMS aggregators and as a result, a significant increase in SMS transactions.