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Topic: [ANN][ICO][CZR] Canon Chain – Reforging The Cornerstone Of The Blockchain World - page 9. (Read 1433 times)

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Website||Airdrop||Telegram||Whitepaper

CZR is now listed on BCEX exchange!
and more exchange listings to follow.


Vision Of CanonChain

Canon Chain is a communication protocol that built on decentralized block-chains technology. All kinds of device in this network (such as a computer, smart phone, vehicle, light bulb,, etc) can exchange information between each other, rather than talking to centralized communication hub as what it is happening now. That is why we call such network as "Foggy Network".

This is a new revolution and upgraded technology of Internet-of-Things (IoT).

Canon Chain's new revolutionary PoP technology can evaluate the computing power, storage capacity, and communication capability of each device within the network precisely in real time. By doing so, it significantly enhances the communication efficiency, and information processing capacity of the entire network. Such technology also make it possible for devices within the network to exchange value with assets (such as capital, real estate, patents, and many other assets) off the chain safely.

Canon Chain has also combined the newest techniques of IPFS, NoSQL, and Lightning Network.

From the physical world point of view, Canon Chain is an open, secure and trusted decentralized operations organization. All connected devices are citizens of the CanonChain: they buy products from other; they contribute their own productivity or means of production for remuneration; they pay a certain amount of tax; they play games under regulation. Different from current IoT devices, the devices that operate in CanonChain are distributed. Services acquired by a Canon Chain device is provided by one or multiple devices on the chain and cannot be identified, as in a "foggy network".

The project has been strongly supported by Chinese government in the hope of building the next generation of device networking infrastructure.




CanonChain Token: CZR

In CanonChain, all contributions will be CZR rewarded. Meanwhile, all consumption of resources need CZR as a payment CZR is allocated by consensus algorithm based on device contribution. CZR is a measure of value transfer. It’s also the fundamental asset for other DeOSes and Dapps running on CanonChain

CZR Allocation Plan
The total cap of CZR: 1,618,033,988
Early investors and private placement: 40%
Founding team, development team: 10%
Community Incentives, Global Promotion, Cooperative Incentives Reserved: 20%
POP incentive reserve (i.e., "pool" in traditional blockchain projects): 30%

CZR Release Mode
CZR is first issued by Ethereum in the form of ERC20 Token, and change to the token on the main chain after it gets online
Users can get CZR by private investment, purchase from exchange and personal transfer

CZR conversion rate during private investment: 1ETH = 6000CZR

Founding Team Vesting
CZR allocated to the founding and development team is vested as follows:
Vest immediately after release: 25%
Vest after one year: 25%
Vest after two years: 25%
Vest after three years: 25%




Team

Sichao Yang
CanonChain co-founder and core team member
Dr. Yang got his Ph.D in Department of Electrical and Computer Engineering and M.S. in Department of Mathematics both from University of Illinois at Urbana-Champaign. His Ph.D. research is on resource allocation and optimization in distributed networks.
Dr. Yang was a senior staff engineer in Qualcomm Inc. (NASDAQ: QCOM), the world's leading wireless communications chip and service provider. He was one of the key contributors to the design and development of the 4th generation mobile communications LTE chip. He also served as a technical lead in Qualcomm's research on vehicular network and autonomous driving, and holds many invention patents.
Dr. Yang has publications on top journals and his work has been cited by world renowned scholar worldwide including MIT, Stanford University, and University of Cambridge, etc. (Google scholar shows the current total number of citations is over 500); he was a reviewer for Mathematics of Operations Research, IEEE Transaction on Networking, Games and Economics Behavior and scientific and other magazines. He was an adjunct professor at Rutgers University.

Hailong Jin
CanonChain co-founder and core team member
Founder of the first third-party payment platform in China;
Member of Payment Industry Expert Committee in Chinese E-Commerce Association;
Founder of Universal Search keyword precise marketing software, which has been installed on more than 30 million PCs and with more than 6 million concurrent users. Founder of sodao.com, the nation's largest beauty network with annual online sales over 500 million yuan. Founder of WiFiSONG.com, the leader in design of intelligent hardware including Wi-Fi router, iBeacon and other edge computing devices.

Joe Thong
CanonChain co-founder
Malaysian, MBA
Co-founder of Popify, Twinova, and Raytheon Capital
Business partner with Samsung, SAP and other Fortune 500 company

Zhihao Shan
CanonChain co-founder
Former legal unit leader in network security bureau in Hangzhou, China
China's first Internet lawmaker
Researchers and developer on cryptography technology



Advisory team

Michael Saunders
Chief Mathematician
Research Professor
Dept of Management Science and Engineering (MS&E)
Stanford University

Yihao Liu
Chief Financial Advisor
Noah Holdings (NYSE: NOAH) Strategic Fund Partners, CEO of Noah Fortune Hong Kong
Former chief representative of the New York Stock Exchange in Beijing O. Assistant Alibaba (NYSE:BABA) listed on the NYSE during his tenure
Former chief operating officer of Merrill Lynch (NYSE: MER, TYO: 8675)

Yuefei Pan
Founder of zinc financial
Co-founder of wemedia
Former Cheetah Mobile global content director and Sohu technology editor.

The BlockConsensus
The BlockConsensus is the world's most professional community and service organization for blockchain entrepreneurs. Based on the future development of the global blockchain, the business incubator, operation, financing and other services are provided for the entrepreneurs. The BlockConsensus serves only the people of faith, and helps those who have faith to succeed.



Investors

Jianping Kong
Founder, Yangtze River Delta Artificial Intelligence Laboratory
Founder, China Blockchain Application Research Center
Chairman, Hengtong Yun (838316)
Co-chairman, Jianan Yunzhi Inc.

Zhengjun Fu
Chairman of the Board, Tianhe Interactive - listed in Hongkong Stock Exchange (1980.HK)
founder of 9158.com, first live show website in China
"Top Ten Entrepreneurs of 2014" organized by Entrepreneur magazine in 2014
Vice Chairman of the Bureau of Zhejiang Economic Development Council

NODE CAPITAL
Node Capital is a venture capital company focusing on blockchain industry. It is also one of the
world’s earliest professional investment institutions of blockchain industry layouts.
Node Capital aims to connection every node of blockchain industry by project investment and
cooperation, thus building industry ecosystem, and promote healthy and stable development of
blockchain industry.
So far, Node Capital has invested many projects of blockchain industry, such as news
information, digital asset transactions, storage, technology development and application.
Including enterprises such as Huobi, Coldlar, Bocheninc, fengwo, Jinse Finance , Lianshang
Technology, Yulian, Qukuai Leida.

Timestamp Capital
Timestamp Capital is a blockchain-focused company that intends to empower the growth
of blockchain ecosystem. The company plans to be a major investor in promising and
innovative projects that can promote the blockchain technology, infrastructures and
applications.

Dr. Cheng Li
Former vice president of China Europe Ventures
Selected as one of outstanding investors on equity investment industry in Zhejiang Province 2015

Yuan Dong

Angel investor
Top ten angel investors in Hangzhou, 2015

Zhangsheng Xu
Founder of Hangzhou Microblogging Information Technology Co., Ltd., pioneer on the
development on WeChat platform
Co-founder of other many projects including ecity, fangtu network, etc.

Yongzhong Qian

Angle investor
Founder of second office

Qiong He
Leader of Chinese section of North American [Suspicious link removed]munity Chinese
Founder, Babbitt University

Fei Liu
M.S. in Management from Zhejiang University;
MBA. Kerry Business School, Arizona State University, USA
Former deputy general manager and secretory of the board, Zhejiang Sanhua Co.
Independent board member, the Ming Jewelry Co., Ltd.
Chairman, Dunhe Investment



CanonChain Roadmap

January 2018  ERC20 tokens issued, CZR listed on exchange
2018 Q2PoP consensus mechanism complete. CanonChain code open source and the public chain goes online
2018 Q2Release world's first blockchain gateway to support PoP Consensus algorithm
2018 Q2Release CanonChain API
2018 Q3CanonChain community open to global developers and fog computation alliance founded
2018 Q4Launch CanonChain Smartphone and start pre-sale
2019Release foggy network protocol v1.0 on CanonChain
2020Release first chip for foggy network protocol and make it open source
2021 ~Low-cost micro-power adapters with foggy network specifications to appear, the world is fully connected for fog computation



Presale

Join our telegram group for latest presale information. We will be opening presale soon with great discount.  Our minimum purchase is 10 ETH. For detail information of presale, please send your inquiry to our email below  
[email protected]



Air Drop Program

Receive Canon Chain Token CZR by joining our telegram group.
20000 CZR Tokens will be allocated to the AIRDROP Program for first 500 users who submit applications through our telegram group.
Link to registration form will be posted in our telegram group.

Join Telegram group link: https://t.me/canonchainEN

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