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Substratum (SUB)

ICO

SubstratumNode lets anyone become a web host on the decentralized internet. Unlike many technologies based on blockchain, SubstratumNode focuses on an intuitive user experience. Anyone can earn Substrate (SUB) by turning their computer into a host.

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Overview

Project industryInternet & Telecommunications
FoundedUnited States
WhitepaperSubstratum White Paper Open

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What is Substratum

Substratum is creating an open-source foundation for a decentralized web which will provide unrestricted access to content and sharing of information for users across the globe.

Our mission is to bring forth the free and fair internet of the future by combining proven technological building blocks with emergent technologies in an innovative and holistic way to help solve many of the problems that plague the modern internet.

Substratum will gain mass adoption by revolutionizing the hosting industry with perrequest billing via micro-transactions and incentivizing users to run nodes to create the network by paying node hosts in Substrate. This is all being managed by blockchain technology and machine learning.

The Substratum Network

The Substratum Network is an open-source network that allows anyone to allocate spare computing resources to make the internet a free and fair place for the entire world. It is a worldwide collection of nodes that securely delivers content without the need of a VPN or Tor.

Because there's no single authority delivering or monitoring content, censorship and geo-restricted sites won't be an issue on Substratum Network. It doesn't matter where you live or what content you're accessing, everyone in the world sees the exact same content.

The concept for the Substratum network first originated as a closed system that would only provide content within its private network. By leveraging computer resources and decentralizing content it would enable several hosts to render sites across several hosts. What became difficult was the time and scale it would take to move so much content into this private network. On inception the network would not even provide 1% of the world’s website content. The alternate solution was to find a way to provide content in a way that could still travel peer to peer, would be secure, and would allow access to all the internet has to offer.

Substratum Node

A Substratum Node is the foundation of The Substratum Network.

It is what the average user runs to earn SUB and dedicate some of their computers' resources towards the network. People who run a Substratum Node can be rewarded with cryptocurrency for each time they serve content.

The purpose of Substratum Node is to mask and un-mask CORES packages for clandestine routing.

Substratum Nodes work together to relay CORES packages and content on the network. When a user requests a site, nodes use algorithms to find the most expedient and secure way to get the information to that user. Multiple nodes work to fulfill a single request in order to maintain a necessary level of anonymity.

Details

Public sales: Aug 14, 2017 - Sep 14, 2017
Token supply: 472,000,000 SUB
Soft cap: 1,000 ETH
Hard cap: 150,000 ETH
Raised: 13,800,000 USD

Legal

Blockchain Platform: Ethereum

Token info

Ticker: SUB
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 SUB= 0.0744 USD
Accepted currencies: BTC, ETH, LTC, XRP, BCH
Bonus program:
Pre-ICO 5,750 SUB = 1 ETH
Week 1 3,500 SUB = 1 ETH
Token distribution:
Product Awareness: 30% of Total Budget Product Development: 60% of Total Budget Network Infrastructure: 10% of Total Budget

Substratum Roadmap

1
2017.2

Founded - MVP, Whitepaper, Company

2
2017.8

ICO token sale (preICO 2017.08.07 & ICO 2017.08.14)

3
2017.9

Targeted exchanges: Bittrex, Liqui, Binance, Yunbi

4
Q4 2017

Substratum Network v1: SubstratumNove, Developer Toolkit, SubstratumStore, SubstratumDNS

5
2018

Substratum Network v2: CryptoPay, SubstratumBridge

Project team

Justin Tabb
Justin Tabb
Solutions Architect
Justin Tabb twitter
Abram Cookson
Abram Cookson
Lead Software Developer
Abram Cookson twitter
Jason Wollam
Jason Wollam
Senior Software Engineer
Jason Wollam twitter
Kevin Marois
Kevin Marois
Senior Software Engineer
Jason Burns
Jason Burns
Design Lead
Michael Stockwell
Michael Stockwell
Advisor
Michael Stockwell linkedin

Social media

Substratum web-siteSubstratum RedditSubstratumYouTubeSubstratum TelegramSubstratum BTCTalkSubstratum TwitterSubstratum FacebookSubstratum Github

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