Introduction
Tolar Hashnet is a blockchain based project which is improving the blockchain technology in more advanced manner. It is an open source which is a community governed crypto-currency featuring scalable, fast, secure and fair transactions. They are allowing many computers to take part in a network for distributing the computing power which helped in reducing the risk in any tampering, fraud or cyber-crime. They are also ensuring that providing massive range of digital transactions without any help from a central authority. On removing the middlemen, lot of costs is being save from the transaction process.
What is HashNET?
Hashnet is scalable, more efficient and high-impact decentralized solution to social innovation challenges which is leveraging Distributed Ledger Technology (DLTs). They are providing faster transaction time, masternodes and will have an open source, community governed crypto-currency. It is designed to solve the blockchain scalability problem using the revolutionary algorithm where keeping all the good characteristics from blockchain and increasing speed more than 200000 TPS (Transaction Per Seconds). Tolar is an introduced by HashNET as a utility coin for their project.
Features of Tolar
Providing allocation of community funds and voting process with 100% transparency.
Their network can process 200,000 transactions per second.
It can be run as a full node on smartphone as well.
Every participant can contribute by voting and easily scalable with number of users.
They are also supporting a DApps version with an interchain network.
Energy consumption is very low as compared with other coins.
The Team
Zoran Dordevic – CEO – He has more than 15 years of experience in education and consulting as well as passion for blockchain technology and its educational and business implementation. He’s one of the pioneers in introducing blockchain technology into regular MBA curriculums that set the foundations of the world’s first Blockchain MBA program at COTRUGLI Business School.
Josip Maricevic – CTO & Founder – He has been researching blockchain and related consensus algorithms, atomic cross-chain swaps and of- chain settlement protocols for the past 2 years. He worked for Shazam on application that implements Shazam song recognition technology to identify songs in your iPod library and play them with synchronized lyrics and visualizations.
Drazen Kapusta – Founder & Principal – He’s an entrepreneur with 30 years of business experience. He also serves as Principal of COTRUGLI Business School, the leading business school in SE Europe where he has successfully helped develop the world’s first Blockchain MBA program and Certified Blockchain Developers Program.
Token Matrix
Token – TOL
Total Supply – 1 Billion TOL
Price – 0.000145055 ETH
Soft Cap – 20000ETH
Hard Cap – 45000ETH
Pre-Sale – Live till 31st August 2018
Crowd Sale – 15th to 20th September 2018
Social Media Reach
Facebook – 6.3k+ Followers – https://www.facebook.com/TolarHashNET/
Twitter – 2.1k+ Followers – https://twitter.com/TolarHashNET
Telegram – 14.2k+ Members – https://t.me/TolarHashNET
Verdict
The Social Media hype is excellent, and they are active on their Telegram group.
The Website is well-explained, but Whitepaper is not explained in detail.
There are 24 members in an executive team who are having expertise in Business Development, Management, Sales & Marketing, Social Media, HR, IT, Software, Telecom Industry, Banking and Finance. But, they are lacking in Blockchain experience. Some of them are having working experience in Shazam, Google, Facebook, Microsoft etc.
They have 13 advisors on board who are having expertise in Marketing, IT, Security, Banking, Financial Investments, Cryptocurrency and Blockchain Technology. Some of them are having working experience in Facebook, McDonald’s, Cardstack, HybridBlock etc.
The Roadmap provided till 2019 where MVP is available for this project.
They have partners and investors on board – Blockoxfund, BlockGround Capital, Pod Capital, GC Capital, Diddy Carter, BlackCastle Capital, AngFund etc.
For Detailed Information
Website – https://www.tolar.io/
Whitepaper – https://www.tolar.io/wp-content/uploads/2018/07/Tolar-whitepaper-1.pdf
Bitcointalk Username – ritikagupta
Bitcointalk URL – https://bitcointalk.org/index.php?action=profile;u=1375471
ETH Address – 0xA6119b0AF2EC4A3e8A64f8ADA1dBF152f06eC392
Bounty0x Username - ritikagupta4151