Blockchain.io ICO details
Start Date: 2018-5-14
End date: 2018-10-14
- Category: Platform
- Token: BCIO
- Platform: Ethereum
- Type: ERC20
- Initial price: 1 BCIO = 0,7EUR
- Tokens for sale: 120,000,000
- Accepting: BTC ETH
- Hard cap: 60 000 000 EUR
- Site: Blockchain.io site
- Twitter: https://twitter.com/blockchainio
- Facebook: https://www.facebook.com/blockchain.io/
- Github: https://github.com/Paymium/api-documentation
- Reddit: https://www.reddit.com/r/blockchainio/
- Bitcointalk: https://bitcointalk.org/index.php?topic=3681257.0
- Medium: https://medium.com/blockchainio
- Telegram: https://t.me/joinchat/E1faPRKlcHR1QAPtPkhc8w
Blockchain.io – Your Gateway to the Internet of Value
In the coming Internet of value, decentralized blockchain-operated value networks will become mainstream and compliant, enabling billions of Internet users to exchange value as quickly and as easily as they exchange information today.
Multiple cryptocurrencies will co-exist. Each cryptocurrency will serve the needs of a community of users to securely trade any type of assets, rights, goods, or services that is of value to them in a decentralized value network, i.e. without supervision by a central authority.
As a cryptocurrency exchange, Blockchain.io will play a major role in the Internet of Value’s ecosystem. It will be the marketplace where cryptocurrencies will be traded against each other, a gateway to and a bridge across the multiple value networks powered by different blockchains/cryptocurrencies such as Bitcoin (BTC) and Ether (ETH).
Blockchain.io will combine the efficiency of a low-latency full-featured centralized exchange with decentralized “trustless” cross-chain settlement. The project leverages the latest developments in cross-chain atomic swaps, cryptographic protocols, and payment networks such as Lightning and Raiden. These developments will overcome the scalability issues of decentralized blockchains, allow transactions across heterogenous blockchains, increase the speed and lower the cost of these transactions, making them ready for mass adoption.
Blockchain.io is driven by the highly experienced team of cryptocurrency experts who, seven years ago, founded Paymium, a fiat/bitcoin exchange catering to the underserved Euro market. Blockchain.io shares Paymium’s highest security, reliability, and accountability standards. It strives to overcome the shortcomings of rival crypto exchanges that have repeatedly caused severe losses for issuers and token holders. To achieve this, the team relies on its advanced knowledge of cryptographic technology, its operational in-depth understanding of the crypto world, and a strong company culture committed to security and compliance.
Together with Paymium, Blockchain.io aims to become the leading cryptographic exchange in Europe by 2020.
In the same way as the Internet redefined global communication, Bitcoin and other cryptocurrencies are now reinventing money and value transactions.
Before Bitcoin, money was defined by State sovereignty over a territory. From now on, any community can mint its own money in form of a cryptocurrency or digital token and start trading without any central supervising authority.
In 2017 alone, Initial Coin Offerings (ICOs) raised around $5 billion. Each project was financed by a community of token holders who became its ambassadors. There are now already tens of millions of token holders.
Digital tokens are like better, smarter cash. They are programmable money. Immediately liquid, indefinitely fragmentable, and instantly transferable, they can be programmed to meet the needs of particular assets, rights, goods, or services or of specific communities. The coming years will see a multitude of cryptocurrencies. New cryptographic developments and payment applications will allow us to transact in all these currencies, with the traditional “fiat” currencies retaining their role as price anchors.
Exchanges will be the marketplaces where cryptocurrencies will be traded against each other and with fiat currencies. Cryptocurrency exchanges will be the bridges between blockchains powered by Bitcoin, Ether and other cryptographic protocols. We confidently expect the Internet of Value to gain mass adoption, just as the free peerto-peer networks that preceded it on the Internet, namely email and the Web, did.
The Internet of Value will trigger new waves of innovation in financial systems and beyond. It will bring financial inclusion to the billions of people who are still unbanked today.
Blockchain.io’s vision of the Internet of value is built on clear and distinct paradigms:
Cryptocurrencies Power the Internet of Value
In Blockchain.io’s vision the Internet of Value is the next level of evolution of the Internet. The internet of value enables users to securely trade assets, rights, goods and services, globally and around the clock, without the involvement of a centralized authority, or traditional financial intermediaries, or so called ‘trusted’ third-parties.
The Internet of value is built on multiple decentralized, automated, transparent, and secure blockchain-based value networks. Different networks operate different versions of the blockchain, which in turn are fueled by different cryptocurrencies such as Bitcoin, Ether, or Litecoin. Each network meets the needs of certain types of transactions, such as high-value payments or title registry, or the needs of specific trading communities, such as a network of autonomous objects or an industry sector.
Blockchain.io as the leading exchange in the Internet of Value will enable users to trade across all these value networks.
Cryptocurrencies with a True Utility Will Thrive
Currently, the burgeoning cryptocurrency ecosystem is in accelerated motion and is encountering turbulences. Initial Coin Offerings (ICOs) have lowered the barriers to minting cryptocurrencies as tokens. Many ICOs have been hastily promoted and have flooded the market in large numbers. Buyers have rushed to buy in, often driven by the fear of missing out on the ‘crypto’ opportunity rather by an informed assessment of the value of the coin/ project.
As of February 8, 2018, there were more than 1,500 cryptocurrencies with a total market capitalization of more than $400 billion, including 138 cryptocurrencies with a market value higher than $100 million, of which 25 have a market value greater than $1 billion.
The increased attention of the media and the general public for the crypto world has potentially created a short-term bubble. Yet, those digital currencies that have a true utility in contributing to the long-term growth and expansion of the Internet of value, such as Bitcoin and the leading altcoins, Ethereum, Ripple, and Litecoin, offer short and longterm growth perspectives that could offset losses caused by those that will fail.
Cryptocurrency Exchanges Enable Users to Navigate the Internet of Value
Cryptocurrency exchanges enable users to trade across multiple value networks powered by heterogeneous blockchains.
As the number of cryptocurrencies grows, cryptocurrency exchanges become the marketplaces for listing and trading cryptocurrencies. In the current context, users mainly buy cryptocurrencies as a store of value, in anticipation of a future value increase. As exchanges list multiple cryptocurrencies in one place, supply information about them, enable comparisons, and set bid/ask prices according to demand, they help separate the valuable cryptocurrencies from the useless ones. Investors become increasingly discriminate in their choices of cryptocurrencies as a store of value or as a utility token.
As technological and regulatory barriers to the Internet of value will be lifted, cryptocurrencies and decentralized value networks will gain mainstream acceptance. To trade on these different networks, users will need to buy multiple digital currencies and to exchange them as their needs evolve.
Blockchain.io will list a careful selection of cryptocurrencies: Proof-of-Work (POW) coins such as Bitcoin, Ether or Litecoin, Proof-of-Stake (POS) coins like Qtum or Stratis, Directed Acyclic Graph (DAG) coins, and other cryptographic protocols yet to be designed and minted.
Blockchain.io Main Functionalities
Blockchain.io aims to be the cryptocurrency exchange of trust for individual and institutional traders and investors. It aims to combine a state-of-the-art low-latency cryptocurrency exchange with advanced decentralized settlement using the latest “trustless” cross-chain trading protocols to settle trades without the need for a trusted third-party or counterparty.
Ultra-Secure & Decentralized
- The centralized part of the exchange offers highly secure custody services with cold storage and cryptographic proof of reserve.
- Cryptocurrencies are held in cold storage (offline) for at least 98% of reserves.
- A cold wallet access requires multiple signatures.
- A cold wallet private key is split and held in a number of different vaults in multiple locations.
- Other in-house security processes and technological features.
- Internal procedures protect the exchange from social engineering attacks. Periodic technical audits and timestamped logs allow detection of any tampering attempts in the accounting database.
- Decentralized settlement relies on fair-exchange protocols allowing atomic swaps of cryptocurrencies to eliminate the counter-party risk inherent to a custodial exchange.