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Seele ICO Blockchain 4.0



It is of course Seele ICO
Image result for steemit seele
The Seele project is going to solve a lot of problems now being or trying to be solved by different projects.
  • The Team is very academic similar to the Cardano team.
    You can later check their Linkedin profiles.
seele team.JPG

Team details :
  1. CEO ownes 8 Blockchain tech patents.
  2. He is also the ex-deputy secretary of China Blockchain Innovation
  3. Members of the team were working for Microsoft, Tencent(big social media in China) and Baidu(Google for China)
  4. Overall a real academic team
  5. Core team of 30 people is going to be increased to 200
  6. 2 acadamic advisors
Research partners :
  1. Oxford University
  2. Stanford
  3. University of Collage London
  4. UCLA & Edinurgh Universities
Description :
  • They want to solve the scalability issues of other projects like ETH and are even going to be faster than EOS!
    Maybe you remember or have seen how the Cryptokitties killed ETH. :)
    Seele is going to be able to perform one million transactions per second(TPA)!
    Compared to BTC with 5TPA, ETH with roughly 30 TPA and Arcblock with 100k TPA this is amazing!
  • Meta & child chains are going to be implementet as well. (Like Ethereum and Lisk)
    This allows for transactions to go through the side chains. So the mainchain is not going to be affected too much.
    This allows for apps to be faster.
    That's what they mean with "Heterogeneous forest"
  • VTP(Value Transport Protocol)
    It's created on the heterogeneous network architecture. It covers the unique identification of assets and the strategy for digital asset discovery.
  • Multi-chain ecosystem
    Cross-chain communication is also going to be implemented. (like ICON)
    Different Blockchains can communicate with each other. Usually ETH blockchains can only communicate with ETH blockchains. But this allows for example an ETH blockchain to talk to a NEO blockchain.
  • On-chain and off-chain transactions(settlements)
    Transactions can be processed off and on-chain. This allows the system to be faster than others and it can be more privat than others.
  • VHTTP uses the exchange of human values between off-chain and on-chain.
  • Neural Consensus(brain-like node network) It's a network that works like the human brain.
    Consensus can be done on a large scale

Concurrency
Parallel blockchains working at the same time
  • Quick Value Internet Connection
    Faster Connection and more effective system
Seele Goals :
-Financial industry ecosystem like Wanchain
-Social Apps cross-chain ecosystem
-Internet of things (Iot) data ecosystem like Iota or Vechain
-Ecosystem for governmental use
-Gaming industry
-Recordsystem for Healthcare
-Car industry
Roadmap 2018/19 :
-MVP is already built and the Testnet is going to be launched in Q2
-Exchange listings in Q2
-Tech improvements in Q3
-Mainnet is going to be launched in Q4
-Release of the built tools Q1 of 2019
Token details :
Total supply : 1 billion
Circulating supply : 500 million
Token price : around 0,065
Hardcap : 30.000 ETH
Market Cap : 29 million
Presale contribution min/max : 500-1000 ETH
ICO contributionmin/max : 0.5-5 ETH
Competitors mcap : ADA 10 billion, ETH85 billion
Potential multiplier : x345 - x3000
Lock up period : up to 6 months
Token allocation :
Token Sale : 48.25%
Community Airdrop : 1.75%
Development Team : 7% (Team Building, Talent Acquisition, and R&D)
Early Investors and Consultants : 3%
Foundation : 10% (Construction of Seele’s ecosystem, and Overall Community Development)
Mining Reward : 30% (To boost the performance and security of its network, Seele will award tokens to individuals who participate in the consensus node)
My concerns :
A recent scam has happened on their Telegram group.
Someone pretendet to be an admin of the group and people send him money.
He stole about 2 million $
Lock up period: up to 6 months: so only invest if you can wait that long!
I think it's a good idea to stop the flippers from dumping after ICO!
If you want to join the Whitelist. It starts on the 15th Feb 16:00 GMT
You have to pass the KYC and an exam so you have to have knowledge about the procject!!!
Informations are in the Telegram group in the pinned message.


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