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Author Topic: [ANN] [TOKENSALE] Omnitude (eCommerce blockchain)  (Read 5280 times)
omnitude
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January 03, 2018, 04:51:12 PM
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Omnitude (ECOM)


About Omnitude


Omnitude acts as middleware - a smart integration layer that that allows eCommerce providers to adopt blockchain on a 'plug and play' basis, without needing to replace existing systems. This will help to drive mass adoption of blockchain technology, making it quicker, easier, and cheaper to integrate for businesses of all sizes. In bridging the gap between blockchain theory and practice, Omnitude aims to provide quicker, safer and more cost-effective ways to solve a variety of pertinent problems for online retailers, including fraud, supply chain inefficiency, and identity theft, as well as reducing item returns and improving data security. 

Omnitude has specifically chosen Hyperledger Fabric as a blockchain implementation framework because of its stability, security and ability to process large volumes of transactions quickly. We believe this is one of the aspects that sets Omnitude apart and will drive the success and adoption of our ecosystem. 

Omnitude can help achieve:

• The creation of transparent and accountable manufacturing and supply chains

• A significant reduction in eCommerce fraud

• The enablement of a single customer identity for use across any Omnitude connected eCommerce site

• Blockchain integration between enterprise systems such as ERP & WMS

….and many more solutions from Omnitude and the community in the form Omnitude DApps.

What are the existing problems in eCommerce?

With global eCommerce sales reaching $1.86 trillion in 2016 and a projected sales revenue of $4.48 trillion 2021, online retail shopping is one of the largest global markets. However, this industry suffers some serious challenges. For example, 45% of online merchants and suppliers report losses greater than $1 million in revenue due to challenges faced when integrating cross-channel capabilities into their commerce strategy. Online payments are a further instance where eCommerce merchants lose out, with an average of 5.65 cents lost per $100 spent due to fraud. The Nilson Report estimates that $31 billion will be lost to the misuse of online chargeback rights alone by 2020. This is not to mention clean fraud (impersonation of legitimate cardholders), account takeovers, identity fraud, and re-shipping scams. From the consumer's perspective, fraud may arise from fake reviews and flimsy reputation systems which create an allusion of trust - research suggests up to 1/3rd of online reviews are phony and serve to bolster the merchant themselves or damage the reputation of competitors.



How does Omnitude solve these issues?


In this turbulent environment, the need for an effective, state-of-the-art solution prevails.

Omnitude’s implementation of a 'Single Identity' and 'Single Reputation' on a blockchain will provide the means to help merchants reduce the most common form of eCommerce fraud, Identity Theft, whereby fraudulent transactions are undertaken using a different identity, typically spending on someone else’s credit card or account. In providing users with a Single Identity on the blockchain, Omnitude will relieve merchants from the need to keep and secure extensive local databases containing sensitive personal data about their customers. Such databases are at risk of being compromised by ‘hacking’.

Omnitude will also reduce Merchant Fraud (i.e. the collecting of payment upfront, but with subsequent failure to deliver) by facilitating staged release of payments depending on stage of delivery. This will be executed by smart contracts on top of Omnitude which tracks an item's progress as it passes throughout a supply chain (e.g. identified by painted 2D graphene security tags or serial numbers). Micropayments with staged release, transparent traceability, and immutability, all work towards reducing merchant fraud. The risk of Chargeback Fraud is naturally minimised by reducing the use of credit cards.

Implementation of an Omnitude Identity (OID) backed by the blockchain will also be used to ensure merchant reputation is easily verifiable and legitimate. By establishing unique OID's for each consumer, Omnitude is capable of implementing a 'proof-of-interaction' (POI) whereby each transaction made by an OID will be recorded on the blockchain. Each purchaser must have a legitimate POI and reputation to write a review, and production/delivery of the product to that consumer (as traceable through Omnitude) must be confirmed before a review may be written, thereby eliminating fake reviews from the merchant themselves. An economic incentive system may also be established (based on a distribution of the ECOM token) to ensure reputation is further legitimised. Further to this, affiliate fraud (manipulation of traffic to gain more money from signup and advertising statistics) is reduced by the introduction of POI (i.e. affiliate rewards may only be delivered if there is a follow through by the customer).

These are but a few examples of how Omnitude may benefit supply chains and eCommerce, read more about how Omnitude plans to implement these solutions in our whitepaper.


What is the ECOM token?

An ECOM utility token will be launched alongside the Omnitude platform. Merchants, customers, and suppliers will require ECOM to participate in the Omnitude ecosystem.

The ECOM token will serve several primary functions:

1) A native method of settlement between parties to access ecosystem resources.

a. Merchants will make payments in ECOM to other ecosystem participants to use the on-ledger Omnitude solutions for Supply Chain Provenance, Delivery Cycle, Transparency Data, Single ID, Single Reputation and Proof-of-Interaction.

b. Customers will make payments to merchants using ECOM, cryptocurrencies, or FIAT.

2) An incentive for ecosystem participants to operate and secure the ecosystem.

a. The consistency of Omnitude’s immutable blockchain will be guaranteed by a distributed, peer-to-peer network of validating nodes running the Omnitude Core client application. In return for enforcing Omnitude’s Delegated Practical Byzantine Fault Tolerance (DPBFT) consensus algorithm, validating nodes will share in ECOM block rewards.

3) A means to raise funds for long-term development of Omnitude.

a. Through the crowdfunding, the Omnitude Foundation is raising funds for the initial issuance of ECOM, and for the development and launch of the Omnitude ecosystem.

b. The ECOM coins issued during the crowdfunding will be the initial float to bootstrap the ecosystem.



Proposed Token Sale Structure

Ticker: ECOM
Tokens: 100M (Team & Advisors = 12%, Omnitude Foundation = 33%, Pre-sale Investors = 5%, Main-sale Investors = 50%)
Inflation: None (no further tokens issued)
Private pre-sale cost: $0.40 USD/ECOM (Sold out ahead of time even during turbulent market conditions!)
Private pre-sale cap: 5 million ECOM (2 million USD)
Token Sale cost: $0.46 USD/ECOM
Token Sale hard cap: 50 million ECOM (23 million USD)
Total sale cap: 55 million ECOM (~25 million USD)

Token sale will require KYC and $50k USD limit per person, per day.

Following the 1st round, unsold tokens will be made available to all those registered with each
individual able to purchase another $50k USD worth of ECOM until sold out.

This will repeat until the 5th round at which point the token sale will end if still not sold out.

In the event that the Token Sale funding cap is not reached, all remaining tokens will be
burned.


How do I participate and what are the terms of the token sale?

Our main ICO will be launching March 28th 2018 so sign up at our website (http://omnitude.tech) to get the latest.
In the meantime, please also have a read of our technical and main whitepapers (https://files.acrobat.com/a/preview/75fe0af9-d98b-4002-863c-138b43a131ef).


SCAM ALERT:
Our main token sale starts 28 March 2018 and unfortunately, we will be attracting scammers, in every shape and form.


We have new impersonators on Telegram and we've had our whole website cloned and listed on omnitude.online (PLEASE NOTE : our domain is omnitude.tech).

One thing you must know is that we will NEVER EVER send you a wallet address by private message. When you register at our secure token sale platform, you have a UNIQUE wallet address generated for you.

Remember, everything you need is at http://tokensale.omnitude.tech.

If you come across a scam, please alert us immediately on our Telegram.



Omnitude, It’s everything...
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January 03, 2018, 05:35:22 PM
 #2

sounds interesting...can you tell something more about the Team? Nationality, previous experiences?
However, congrats for a nice and informational site.

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omnitude
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January 03, 2018, 05:51:56 PM
 #3

Hey

Sure, we are based in the UK, apart from the info on the site, we've been building these kind of integrations for the past decade.

Omnitude is a blockchain project borne out of an existing enterprise eCommerce agency. We’ve spent the best part of the last 10 years putting up with one of the major problems Omnitude will fix, integrations, we’ve spent most of our time integrating and reintegrating systems.

We know this sector inside and out, we have a pool of staff who know this sector very well and more importantly, we have a lot of enterprise customers who cannot wait to get their hands on Omnitude.

Some of the team have blockchain experience, some do not, however we have an advisor board and are hiring to fill any gaps Smiley
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January 03, 2018, 09:14:54 PM
 #4

Hi everyone! Just added Omnitude ICO to my website https://concourseq.io/Q/Omnitude. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB
omnitude
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January 04, 2018, 04:41:52 PM
 #5

Thanks for all the interest everyone, we will have some further news very soon.

you can also join the community on Telegram

-G
herfie.chen
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January 04, 2018, 05:02:54 PM
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this will be interesting and great idea in Omnitude project evolution of blockchain technology within the eCommerce marketplace. do you have bounty for this project sir?

omnitude
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January 05, 2018, 04:23:18 PM
 #7

Hey Herfie,

We've not made a decision on a bounty campaign just yet, as soon we we've made that decision we will let you know.

thanks,
G
omnitude
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January 12, 2018, 05:02:20 PM
 #8

Hello,

We are planning on having the pre-sale very soon, stay tuned. Pop by the telegram channel for further updates - https://t.me/joinchat/GvyX0g8PC7_JsyUu0fruUw

thanks,

G
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January 15, 2018, 11:00:48 AM
 #9

Community update:

Pre token sale & Token Sale
We are just putting the finishing touches to the investor dashboard and smart contracts, we are aiming to have these ready this week.

This means, provisionally we could be starting the pre sale on Friday 19th January, this will be announced via our social channels, mailing list and website.

The currencies we will be accepting for the pre sale and main token sale are :
BTC, ETH, LTC, XRP, Dash, BCH & Wire.

Please note, any participants wishing to use wire transfer are advised to get in touch immediately to start making arrangements, wire transfers will be a minimum of $10k.

Main token sale, the current provisional date for this will be early February, obviously there are a lot of dependancies on this date, and closer to the time we will announce the date.

PR
The main PR campaign kicks off this week, expect to start seeing a lot of news in both the crypto and mainstream press about Omnitude!

Referrals
Once the investor dashboard is launched, we will also be launching a referral programme, we will release more info about this soon.

Reception
Reception so far has been impressive, our mailing list and traffic is currently growing on average 50% every single day, with visitors now from pretty much every Country on the globe.

Questions
We love your questions, hop onto telegram (https://telegram.me/Omnitudechat) if you want to read the previous and ask any of your own!

Omnitude
It’s Everything




-G
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January 16, 2018, 09:22:42 PM
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Hi. Your project struck me as interesting. When we start selling tokens? Can you tell more about your team, about your experience in this field? What will happen to the unsold tokens?
omnitude
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January 17, 2018, 09:09:28 AM
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Hi. Your project struck me as interesting. When we start selling tokens? Can you tell more about your team, about your experience in this field? What will happen to the unsold tokens?
We will have a pre-sale in the next week.  Our team has been working within the e-comerece environment for more than a decade and works closely with large brands dealing with integrations with systems, we're taking this knowledge and passion and using it to drive an ecosystem that helps with connectivity and more, there is further info in the whitepaper.  We will be burning the tokens is they are not sold after a period but we're still finalizing this. I highly recommend you read the white paper all this information is in it. anything else we'd love to chat on telegram.

thanks,
G
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January 17, 2018, 09:13:44 AM
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Pre-sale is going to start in next weeks that is very good timing because by then cryptomarket would have come out of the recent crisis. Many investors will be looking for interesting projects to invest and this can be one of the best available options then.

IAGON  ⚡️ WE REVOLUTIONIZE THE CLOUD ⚡️
  LINK TO TOKEN SALE | LINK TO DISCUSSION
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January 17, 2018, 09:45:20 AM
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We're delighted to announce a bounty campaign, please find further details here - https://bitcointalk.org/index.php?topic=2767815.0

-G
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January 17, 2018, 11:52:46 AM
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Time and again it has been witnessed that some kind of connection between blockchain technologies and the enterprise systems has to be there. However, down the line these things are lost just like that.
To ensure that things fall in a correct order, there is Omnitude that is all about creating that connection besides keeping it going for long.
So what is Omnitude?
Revolution is a way through which one can achieve success but it can never be said for sure. Therefore, Omnitude has taken baby steps to see to it that all things are absolutely clear before taking a stance.
With Omnitude, there would not be a communication issue between that of the enterprise systems and the blockchain technologies. In simple words, it is a platform that works solely as a middleware. Due to this kind of interaction, a complete transformation can be seen in the working of blockchain. Moreover, you do not have to worry about the way things handle this new system as Omnitude sets itself in a very smooth way.

omnitude
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January 19, 2018, 09:57:34 AM
 #15

We are proud to announce that Simon Cocking and Tiago Henriques will be joining us as Advisors, you can read all about them on our team page -
https://omnitude.tech/team.html

If you have any questions we would love to hear them on our chat channel -
https://telegram.me/Omnitudechat

Omnitude, It's Everything.

Thanks,
G
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January 22, 2018, 03:16:12 AM
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We're delighted to announce a bounty campaign, please find further details here - https://bitcointalk.org/index.php?topic=2767815.0

-G
thank you information there may be a good day your success is always and successful for this project
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January 22, 2018, 10:09:39 PM
 #17

We've Launched our Whitelist! Considering the incredible demand we've seen so far & the issues that most token sales face with oversubscription, we have decided to use a whitelist for Omnitude.

The whitelist will ensure that investors who have supported the project from the beginning will have first access to the token sales.

To find out more please take a look at our Telegram channel - https://telegram.me/Omnitudechat

Omnitude, it's everything.
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January 27, 2018, 06:10:52 AM
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What are ICO Start and End dates?

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January 27, 2018, 10:46:48 AM
 #19

What are ICO Start and End dates?

I think Omnitude is currently in the Pre-sale Whitelist period. Pre-sale ICO will be launching in a couple of weeks so sign up at their website (http://omnitude.tech) and they will notify you. To find out more take a look at their Telegram channel - https://telegram.me/Omnitudechat
omnitude
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January 27, 2018, 01:17:38 PM
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We are pleased to announce our presale, the Omnitude presale will launch on the 30th January 2018 at 11am GMT, it will run until 10:00pm 16th February 2018.

The presale will run as follows:

For the first 60 minutes there will be a $5000 cap per whitelisted person after this for the next 60 minutes the cap will change to $10000

Following these first 2 hours the presale will be open publicly, and the cap changed to $20000.

We will support BTC & ETH.

The whitelist will close on Sunday 28th January 2018.

The final cap for this will be calculated and announced on Monday.

KYC will need to be completed prior to open draw down after the main token sale ends, we do support participants from the US but not China.
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