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Author Topic: A new DLT developed from the ground up  (Read 1153 times)
CryptoSpark (OP)
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October 11, 2017, 09:54:14 PM
Last edit: November 22, 2018, 04:47:48 PM by CryptoSpark
 #1

We are developing a completely original DLT concept from the ground up based on work conducted for European water utilities that need a highly scalable yet secure way to record smart meter and water distribution data on a decentralised ledger. All the properties of a blockchain including decentralised design, fair concensus mechanism, smart contracts, immutable ledger but in a way that can scale for smart cities and smart grids where millions of devices need to generate transactions without limitations of transaction throughput.

This isn't an announcement for an ICO and so this may not be the correct place to post this question but what other industries real need this type of throughput? Logistics and supply chain is an obvious one but what other industries have such operational requirements?
R3x
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October 17, 2017, 07:45:27 AM
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AtThe Olympus ICO is being run in strict accordance with UK and EU law to ensure that Atlas City Finance and purchasers of Olympian coins are not miss-sold or misrepresented by the sale.

The offer set out in the Olympus ICO is made to and directed at qualified sophisticated and accredited investors only. Fewer than 150 persons, other than qualified investors, per EEA state may also qualify as sophisticated investors.

To take part in this ICO, persons interested in the ICO offer will be able to register at the Atlas City Finance portal (https://www.atlascityfinance.com) from 25th October 2017 where they will then be able to complete a short application process. This application process is to allow Atlas City Finance to work through a process to ensure investors meet the investment criteria for the ICO. Chosen investors will then be contacted and invited to carry out purchases of Olympian coins. Persons completing the ICO registration and purchase process during month 1 will be entitled to a substantial discount as set out in the discounting bands set out in the investor prospectus. Over the proceeding two months this discount is reduced to ensure early investors can buy tokens at the best price. Remaining tokens may be made available for a further 3 months without discount right up to the public launch of the Olympus blockchain.

Persons interested in taking part in the Olympus ICO should register and complete their application as early as possible to ensure they are offered ICO coins at the best possible price and to avoid disappointment in the event of a quickly selling ICO. Persons should register at the Atlas City Finance once registration is open on the 25th October 2017 where they will be able to download a prospectus and apply to take part in the purchase of Olympian coins. Offers are time limited to ensure tokens are made available to serious investors but there will be support to ensure investors get the right level of flexibility and information to complete their purchase.

The ICO token offering is capped as follows.
Total ICO coin offering 650,000,000
Total coin supply that will ever exist: 2,301,507,151
Percentage of ICO coin supply offered to company founders: 5%
ICO token price: Final price to be calculated at the start of the ICO. Estimated without discount to be approximately 0.000085 Bitcoins per coin.

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