Hi Guys ! all of you know I always bring you the information about good crypto related projects through my blog. So today I'm going to introduce you a new cryptocurrency based project called #PO8

INTRODUCTION

PO8 is a blockchain eco system democratizing and decentralizing the marine archaeology industry. PO8 introduces three scalable technologies capable of taking ocean exploration to new heights in search of historical artifacts, and provide decentralized solutions to registration, authentication, and transfer of the world’s most prized artifacts.

First, PO8 creates smart contracts to enable any individual to participate in the search and recovery of treasures and be rewarded for performing bounty tasks aiding recovery efforts. Second, PO8 creates a blockchain artifact registry system ensuring authenticity of artifacts. Third, PO8 establishes a safe and transparent decentralized auction house ensuring responsible commerce of artifacts. This permits P08 to auction off a fraction of the recovered treasures and, subsequently, the open sourcing of the platform to anyone looking to create their own auction for high-end artifacts and treasures on the blockchain.

HOW PO8 WORKS

THEIR PRODUCTS

PO8’s blockchain technology provides a more scalable approach to the recovery and distribution of historical artifacts. Individuals, rather than corporations and governments, will play a more active role in the search, preservation, exhibition and ownership of artifacts.

Maritime Artifact Data System (MADS)

For the first time ever, anyone from around the world can help in the search and recovery efforts of long lost artifact treasures. Simply participate and complete any of our bounty tasks and earn free tokens. Bounty tasks include but not limited to analyzing data such as sonar, magnetometer, geo mapping, historical records, weather patterns, video feeds and more.

A Non Fungible Token Marketplace powered by PO8

PO8 is creating a first of its kind curated digital commodity marketplace for NFTs powered by PO8 tokens. PO8 token holders will be able to buy, sell, lease, trade, auction and leverage their NFTs using the PAZAR Marketplace.

Digitizing Artifacts with Non Fungible Tokens (NFTs)

Recovered artifacts will be digitally imprinted with distinguishable NFTs ensuring the majority artifacts live on the blockchain and physically remain in the custody of the PO8 Foundation for continued studies by the archaeology community, and to be exhibited in various museums worldwide.

Utilizing the Ethereum blockchain and it’s ERC-721 token functionality, PO8 will create NFTs with specifically designed smart contracts containing unique asset data that are cryptographically certified.

ROADMAP

Q3 2017

Registered and established Bahamian Corporation

Historical Research on Nuestra Senora de las Maravillas, PO8’s maiden exploratory mission

Q4 2017

Granted Salvage License by Government of The Bahamas

Assign key advisors

Q1 2018

Creation of PO8 Ethereum based smart contract and wallet

Launch private sale

Q2 2018

Launch pre-sale

Q3 2018

Launch crowd sale

Exchange listing

Begin development of MADS Wallet

Begin development of MADS Blockchain Algorithm Database

Historical data collection of charts, tides, hurricane and other natural disturbances

Submersible drones to collect structural and metallic underground anomalies

PAZAR Digital Commodity Marketplace – Beta Version

Q4 2018

Satellite imaging data collection

MADS Wallet available – beta version

MADS Blockchain Algorithm Database available – beta version

Data mining information collected

MADS token awarded to wallets

Q1 2019

Present to Bahamian Government area of interest for commercial salvaging

Q2 2019

Exploratory submersible drones deployed

Salvage teams and divers deployed

Q3 2019

Salvage teams and divers search

Continuation of data mining and readjusting area of interest

Further Information:

Want to know more about the Eloncity project? Take a look at their official website and their soon to be released whitepaper for more information. Also subscribe to their official communication channels to stay up to date. Any questions, feel free to comment below.

And do not forget to read my previous post about PO8 here: https://steemit.com/ico/@huan00087/review-ico-po8-vn-bringing-marine-archaeology-to-the-blockchain