Topic: | STRATIS | The first blockchain developed for businesses |Full POS - page 1165. (Read 1891162 times)

we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday.    And never seen any terms about extension.

we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday.    And never seen any terms about extension.

That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.

2 days left to receive a 5% bonus.

it's good.

With a 5% bonus.

what BTT member is Nicolas Dorier's ?

any campaign ? how to join it ?

newbies as far as I can not 

Wow new recognizes that which invest until 216BTC  really fantastic !!

Over 216 BTC invested. Nice! 

Yes the ICO will be extended. Investors that have already invested would like the Stratis project to launch.

http://www.finyear.com/Stratis-ICO-Goes-Live-Makes-Blockchain-Apps-Easy-For-Businesses_a36680.html

Stratis ICO

Information for investors

Summary: Blockchain-as-a-service – flexible, off-the-peg ledger deployment

Blockchain or Distributed Ledger Technology (DLT) offers a radically different paradigm of storing and managing information online. Decentralised ledgers lack the points of failure and associated security issues of traditional databases and top-down protocols, whilst at the same time posing their own unique challenges for effective deployment and maintenance.

The advantages in terms of costs, transparency, immutability, security and confidence that are characteristic of blockchain solutions mean that financial businesses, government departments and other organisations are exploring applications of all kinds with a view to delivering services more profitably and efficiently. However, reliable deployment of a new blockchain fit for purpose entails extensive overheads in terms of network infrastructure, development, security and ongoing maintenance. Moreover, use of an existing blockchain (such as Bitcoin) comes with numerous problems for a mainstream business, not least because users have no control over blockchain features or future development.

An attractive model for blockchain service provision exists in cloud computing. Cloud services may be tailored according to the needs of the organisation and infrastructure, platforms and software provided as services via web interfaces – without businesses having to take on the maintenance of these themselves.

Stratis will take a similar approach to blockchain deployment, enabling organisations to provision their own private blockchains, tailored to their precise needs but secured on the parent Stratis chain. This approach means there are few unnecessary overheads whilst allowing businesses to secure the benefits of a blockchain-based solution, developing services via powerful APIs and lite web-based clients.

 

ICO schedule

The Stratis ICO will take place over the course of 36 days, beginning at 17.00 EST on 21st June 2016 and ending at 17.00 EST on 26th July 2016.

Following the ICO, we will deliver a Stratis beta wallet based on Bitcoin Core. This will allow investors to hold and secure their own coins, while also allowing exchanges to list Stratis. Our priority is to deliver the Stratis C# Full Node development framework, while also developing our side chain technology and the blockchain-as-a-service platform in parralel. Although the Stratis Full Node will be developed on top of NBitcoin, significant development is required to create this C#/.NET Full Node framework. We aim to have the Full Node framework and mainnet released in December 2016, please note this a very conservative estimate due to the historical issues faces by other bleeding edge blockchain platforms.

 

Accepted coins, bonuses and security

The ICO will only accept bitcoin, and funds will be held in bitcoin long-term until needed. Investors who wish to participate in the ICO with altcoins will need to convert them to bitcoin first; no altcoins will be accepted directly.

Investors who deposit BTC in the first 120 hours (5 days) will receive a 20% bonus when Stratis tokens are distributed (i.e 1 BTC deposited in the bonus phase will count as 1.2 BTC for the purposes of allocation).

Bonus Breakdown for ico investors:

First 5 days (21st June-25th June) – 20% bonus

Next 10 days (26th June-5th July) – 10% bonus

Next 10 days (6th July-15th July) – 5% bonus

Last 11 days (16th July-26th July) – 0% bonus

 

Escrow Details

Funds will be held in multisig account. Paul Klanschek (TwinWinNerD), CEO of Coinimal, will hold one key. A second key will be held by trusted Bitcoin Escrow SebastianJu , Chris Trew the CEO of the Stratis project will hold the third key.

The funds will be released from escrow when the mainnet is live and investors are able to withdraw their Stratis. There will be a 2 week cooling off period after this milestone has been reached to ensure that the Stratis Foundation have delivered a stable network.

 

Coin supply and distribution

A total of 98 million coins will be distributed after the ICO 85.7% of Stratis tokens (84,000,000) will be allocated to ICO investors, while the remaining 14.3% (14,000,000) will be retained by the core team for development, marketing, partnerships and incentives programmes.

 

Breakdown:

ICO Investors- 84 million

Stratis Team- 8 million

Advisors and partners- 2 million

Bounties and campaigns- 4 million

Total- 98 million Stratis

 

Refunds?

Once you have invested BTC into the Stratis Project you will not be eligible for a refund.

 

Why invest?

Stratis tokens will fuel the Stratis blockchain and also the private chains (side chains) that will be part of the Stratis network. Stratis tokens can be used as a payment method for the decentralised app hosting functionality built into Stratis and the fuel for the Blockchain-as-a-Service platform. We will be developing and engineering many platforms and services on the Stratis blockchain that will help to build a healthy eco system around the Stratis Blockchain.
Consequently, adoption of Stratis and its private chains will entail increased demand of the finite supply of StratisCoins.