[IoP] Fermat presents the Internet of People App Token

[trader19]

The Web of People

When I explain the Internet of People, a totally new concept, some people try to compare it to what they already know: the Web. And probably it is not a bad idea to do so in order to get a first understanding of the concepts behind it.
The Web is a cyber-space created by web servers, a software whose main function is to deliver documents (web pages) once requested by a web browser (or any other App). These documents are formatted in HTML, a language that allows hyper-links to be placed within the content in order to ...

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https://medium.com/@luisfernandomolina/the-web-of-people-43d3dcf4c93#.hrrsysypf

[trader19]

Alpha version of The Location Based Network (LOC) to be released in February 2017!

The Internet of People is about people, and people live in the physical world. That means that they are at some place on planet earth. In contrast to this, companies might have a headquarter, but their location is more diffuse, and their reach is further.
When people need to find each other, one of the search criteria might be their usual or current location. Moreover, most of the people in real life currently interact with ...

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https://medium.com/@luisfernandomolina/the-location-based-network-d03e1e57b2b6#.her8rivts

[Tbone123]

Hey guys I have a small IoP giveaway going on for the 1st 10 people to respond. I just put up my new Fermat IoP website and am looking for feedback as well as introduce new people to IoP. Sooo... if you visit my website review and leave me a comment in the WEBSITE email form on what could be done better or what you like I will send you back 0.5 IoP to the 1st 10 people! Don't forget to leave your IoP address in the email as well.
Thanks!!!
Website: http://www.fermat-usa-in.com

[cordlesslake]

did sent pm! your website look great anyway!

[Tbone123]

did sent pm! your website look great anyway!

Thanks!

[trader19]

OP graphical update, thx @k0er for contribution!!

“AT ITS VERY CORE, FERMAT IS ALL ABOUT FREEDOM AND CHOICE. THE WHOLE DESIGN ORBITS AROUND THE CONCEPT OF USERS DETERMINING THE LEVEL OF PRIVACY THEY PREFER; WHETHER THEY CHOOSE TO HAVE INTERMEDIARIES OR NOT; WHICH CURRENCY THEY PREFER TO USE AND SO ON. FERMAT WAS DESIGNED TO EMPOWER AN ‘INTERNET OF PEOPLE’ IN CONTRAST TO A ‘WEB OF COMPANIES’ AND TO ADVANCE THE PERSON TO PERSON ERA AND ECONOMY.”

       

Who is Fermat?

We are a group of hardworking people driven by our vision and collaborating to change the path to another future. We are pioneers, developers, inventors, and dreamers, discovering new paths, trying to change the world.

We are neither a corporation or company nor driven by any third party economical interests. We don’t believe in concentration of power because we think that in the wrong hands it could lead humanity to a catastrophic failure. We believe in freedom and the power of technology. We believe in people. We are happy to use our skills to recreate over the internet the same level of private person-to-person interactions that we have to protect outside of the internet.

Fermat’s Vision

We have been living inside an ongoing trend towards centralization of power and control. In present time a handful of entities (giant companies or conglomerates including some states) dictates with the control over politicians and military what a huge percentage of the world population can or cannot do. In this current scenario, it is not difficult to predict that fights between such interest groups are likely to happen and someday in the future, some entity may try to control it all (in a devastating big fail).

Anticipating that future, we envision the world where people can freely interact electronically without unnecessary third party interferences. Both for social and commercial interactions. No spying, no censorship, no taking a cut on private transactions between individuals, no mining of self-defined private information, no unnecessary middlemen. The world where people are more important than entities like companies and states, a world where people have the choices and the means to interact directly with each other. This is the Fermat project vision and to reach this goal we first have to build the Internet of People.

What is the Internet of People?

What we need to enable now is direct device to device communication, with data being stored in end user devices and apps built to interact with each other directly over the Internet but without going through the web or requiring any service from any company or institution. We need P2P Apps that can run independently of any entity.The Internet of People is a set of P2P networks, designed to enable direct device to device P2P communication using P2P apps. The main purpose of the network is to allow my device to connect directly to your device without using any service of any company in the process of establishing the connection or during the interaction.
One of this P2P Networks is a blockchain that runs the token system needed to incentivize operators to run all the components of other P2P networks that form the Internet of People.
We call our token the IoP and its existence is what we are announcing here today.

Fermat presents the Internet of People App Token

IoP Token Specifications

Token holders will be able to:

• Propose projects to be funded by the blockchain after being approved by token holders.
• Vote for projects to be funded by the blockchain.
• Run IoP nodes and participate in the mining reward proving their stake on IoPs.

Tokens in small quantities (micropayments) are also needed for::

• End Users need them to pay Profile Servers to host their profile at the IoP Network.
• End Users need them to pay for other IoP Network services like Proximity and Reputation.
• Funding their online identities.
• Connecting to other people.

ICO, Crowdfunding Market Value and Exchange

We are not planning an ICO. We have no plans of a crowdfunding campaign either. The project is not holding tokens. We are and want to stay independent. Our development funds were secured by our early token sales to angel investors of pre-mined tokens.
We are, however, planning to take the IoP token to the market soon – after this announcement. We expect a market value of $12 per token since that was the last price contributors received during these early days of the project.

Project Status

The project is 27 months old. The first year a handful of people joined forces to forge the vision and design the system architecture. The second year more than a hundred people collaborated to prove the concept was viable. We are now at the beginning of the third year, already producing production quality code. Over the course of the next 12 months, we expect to release all the Internet of People components (there are many, and it is a technically challenging project). From there we will move on to bootstrapping the P2P economy, creating tools and client-side infrastructure to easily develop device to device P2P Apps.

Funding

We are currently funded by early token buyers (angel investors). During the next 12 months, we transition to a DASH-like Contribution-Voting-System paid by the blockchain with the issuing of new tokens (issuing go to miners and a significant part goes to contributors approved by token holders voting over the blockchain). We enter the market with our App Token in Nov 2016.

EXCHANGES

   

IoP WALLETS

 

GITHUB

                           

Documentation

   

Call to Action

We recommend you reading the following documents in this order, to have a better understanding of what we are doing:

• The home page of our website. Our current featured article will give you the needed context of the project. There you will find links to the press coverage, too, that can tell you how journalists interpreted our work.
• The script of our presentation. This will show you step by step in plain English what we are building and why.
• Internet of People’s vision presentation. This will give you an idea of what the world with the IoP will look like.
  
• The Internet of People whitepaper. It will give you more technical details. Expect a technical overview of the project.
  
• The Software Requirements Specifications document will get to the technical details needed to actually implement the code of each component. Also, will give you some sense of where we are now and the current problems being discussed.
• The Fermat long-term vision whitepaper will give you an idea of what is beyond the Internet of People.
  

[Tbone123]

Excellent! Lots of useful information all up front I love that!

[trader19]

The Exchange of Crypto-Addresses Use Case

There is a strategical path of adoption we will follow in parallel to our critical path. This path is about penetrating the cryptocurrency industry where dozens of cryptocurrency projects have the same problem that the Internet of People can help them solve.
Every cryptocurrency project has their wallet to enable users to store their tokens. Bitcoin has several standalone desktop and mobile wallet apps. It also has centralized wallet providers, with their mobile apps, which we ..

continue reading:

https://medium.com/@luisfernandomolina/the-exchange-of-crypto-addresses-use-case-c03326ac60a6#.uqjol1r5g

[trader19]

Chapter Referrals

In the end of November we launched our Chapter Network with quite a remarkable success. That month the community consisted of about half a dozen chapters, mostly central European countries. On December it exploded, reaching more than 60 chapters from all around the globe and extending to all major languages. January was a month to get organized and define goals.
Our proposal was simple, to mine our tokens it is not enough to download a program and put it to run on a computer. You need to add more value, and what we need at the current stage is to spread the word about Fermat. That is why chapter members run local social media in their own countries. For each task they tackle, they are entitled to a mining license.
But an extra incentive was needed to grow the network. We all know that in the crypto-world everything is about incentives. For that reason, a mining license is possible to be acquired just by referring a founder of a new chapter in another country. By doing so, the referrer enjoys for the life-span of the project a mining license as long as the referred chapter is active.
But what many people didn’t realize is that the referral mining license is the only one that you can ..

continue reading:

https://medium.com/@luisfernandomolina/chapter-referrals-e2ee74076f52#.u60d20r0c

[trader19]

Google Hangout | with Luis Molina | Founder of Fermat

You don't want to miss this, on Saturday 04 Feb / 20CET we will have a "Ask Luis anything" Hangout. ! join us and tune in !!

Get your invite now!!! Email Sarah at sarah@fermat.org

[trader19]

Google Hangout | with Luis Molina | Founder of Fermat

You don't want to miss this, on Saturday 04 Feb / 20CET we will have a "Ask Luis anything" Hangout. ! join us and tune in !!

3 hours left!!!! Get your invite now!!! Email Sarah at sarah@fermat.org

[k0er]

WALLETS Version 3.0.0. for TESTNET

Please update ASAP

Install guide OSX and Ubuntu

[RevEx]

Internet of People has been added to REVEX.CO !

You can now write your opinions and experiences about Internet of People at https://revex.co/internet-of-people

[DesertDuke]

Love the website, good explanation of what IoP is planning to achieve long term, good graphics, will buy some of this today.

[CroDam]

It is still possible to find country without chapter and become a chapter for your country.

Check the doc:

https://docs.google.com/spreadsheets/d/1BI2l4jPPmh0I2V2ePWLTgLJUpWPymdpQ1-E-qUEfpyQ/edit#gid=0

Mining licenses are rewarded for:
Testing
Twitter
Facebook
Blog
and much more.

If your country is free contact me and I will help you to set up a chapter and you will get mining license.

[trader19]

IOP is being added to bitsquare.io decentralized exchange!!

[trader19]

The New IoP Core Wallet 3.0.1 Introduces The Internet of People Governance System

New Version, New Features
The IoP Core Wallet 3.0.1 is the latest version of Fermat’s Wallet. The changes may not be recognized immediately, but this is a very important Update for the next steps Fermat will take. This new version enables the long awaited IoP Governance System. It will help the project to truly become decentralized and is a first step to direct democracy via the blockchain.
What is the IoP Governance System?
The current IoP Governance System is created to help the community to start their own projects or apps using the IoP infrastructure. The key point to success is to find people that are [.....]

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https://blog.fermat.org/the-iop-core-wallet-3-0-1-and-the-iop-governance-system-c424f47f7fb3#.a8bw9nsqq

[CroDam]

Hi, seems like quite a revolutionary project.

How can I mine IoP?

Hello,

everything is described here:
https://bitcointalk.org/index.php?topic=1686369.0

If your country is free PM me, if is not try contact your local chapter and ask how you can help.
If you have any more questions fell free to contact me.

BR

[no1dead]

I find your coin on bittrex, please tell me how much fund do you raised from the ICO and what is the ico price for IOP token? The price looks very high on bittrex, is the total supply very small? It seems very precious, let me buy more.

[robelneo]

I am in the process of getting my local license but unfortunately my wallet is not yet fully sync I would like to put some fermat coin to test it's functionality,I tried to look it in my directory but I cannot find fermat directory and I cannot find a nodes in the announcement,can anyone here help me to sync my wallet,I have the latest version.