THE NEW PARADIGM OF INTERNET: GRABITY

ORBITS NETWORK
The Orbits Network is Grabity's redistributed main net that draw a truly dispense P2P network by utilizing all wired/wirelessly connected idle computer resources. Transactions from Orbits Network are managed efficiently through using Genesis Hoisting technology, which can process transactions simultaneously and quickly. In addition, Smart Contract and resource files can be stored in separate portions into each by using the distributed storage technology and Defrag Function technology that can recall each part and execute in a streaming format.

GENESIS HOISTING

Genesis Hoisting is a technology that sets up the distributed ledger and transfer all blocks to the super node when the storage space of the devices of each node reaches a certain amount. The term Genesis Hoisting is used to refer to the process of overwriting file after the calculation of providing a block index number that is one higher than the existing block in the process of overwriting the file after calculation.

WHAT IS GRABITY?

Grabity is a public Blockchain project, for the transformation of the Internet paradigm from centralized network to a distributed network. Current hardware performance has improved dramatically, even enough for smartphones to have better performance than previous servers. However, it does not use 100% of storage space or computing power. Anyone can share computer resources through already-possessed idle devices such as smartphones, tablets, and PCs, and users can receive rewards as much as they provide resources, and DApp developers can use the shared computer resources to operate services at a lower cost. When the Grabity project reaches the commercialization stage, anyone will be able to make the use of distributed nodes to switch the Internet paradigm.

TOKEN ECONOMY

The Token Economy of the Orbits Network provide value through interaction by distribution of tokens that participate as token consumer and node, such as consumers of computer resources, platform users, ICO participants, node that desires more reward, and providers of computer resources and obtains GBT as reward. The consumers of computer resources can use the Orbits Network using GBT for less than the cost of building or maintaining existing servers, and the provider of computer resources can obtain GBT by providing Orbits Network with idle resources or extra devices of their own devices.

DEMAND FOR GBT
.The reward for providing computer resources after the main net launch can be expected to increase the demand for GBT, determined from the additional computer resources and GBT.

.Consumers who need computer resources should purchase GBT.

.GBT is DApp's main currency, and if DApp's users increase, demand can increase.

SUPPLY OF GBT

The initial 10,000,000,000 GBT for the development and operation of the project are issued from the Ethereum network. The ERC20-based GBT will be replaced with the Orbits Network-based GBT after the main net launch. In addition, since the main net, GBTs are issued in addition to consideration of the inflation rate for the purpose of compensating computer resource providers. The rate of inflation can be flexible, but will be determined in a way that does not exceed 5% to protect token holders and ecosystem participants.

TOKEN SALE

Total Token amount: 10,000,000,000 GBT
Token Token sale amount: 7,000,000,000 GBT
Percentage of sales Token from total Token: 70%
Hard cap : 30,000,000 USD
Soft cap : 10,000,000 USD
Tokens except for the pre-sale and public sale are sold in private rounds.
Unsold tokens are due to be incinerated.
Pre Sale
Token Sale Rate:20%
Bonus:10%
Public Sale:
Token Sale Rate:30%
Bonus:0%

TOKEN DISTRIBUTION