Grabity is a public Blockchain project, to transform the Internet paradigm from a centralized network to a distributed network. Current hardware performance has increased dramatically, even enough for smartphones to have better performance than the previous server. However, it does not use 100% storage space or computing power. Anyone can share computer resources through mastered devices such as smartphones, tablets and PCs, and users can receive as many awards as they provide resources, and DApp developers can use shared computer resources to operate services at lower costs. When the Grabity project reaches the commercialization stage, anyone will be able to use distributed nodes to change the Internet paradigm.
The Orbits Network is Grabity’s decentralized main net that draw a truly distributed 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.
The Grabity Ecosystem consists of nodes, communities, DApp, and platforms, and each institution contributes to the ecosystem based on economic tokens. We present the token economy and various requirements for the ecosystem to function and develop as follows.
Network layer: P2P-based overlay network. Verify and then spread transactions between nodes through layers. The principle is to use the most basic network bandwidth.
Data layer: Blockchain data structure and physical storage space. Including Merkle Tree, Hash Function, Data Block, digital sign and others that store blocks and DApp files that contain transaction history.
Agreement Layer: Nodes that generate transactions directly verify transactions themselves, and transactions that have been verified by most of the closest nodes are generated as blocks. This is distributed to other nodes, and if a node is set to be a malicious attack, transaction details are initialized and synchronized with verified transaction details.
Application Layer: Provide an application interface on the Blockchain. Smart contracts, virtual machines, DApp, etc. Included and connected directly between data users.
Layer of Management: Toolkit and SDK are provided to form ecosystem development and place 3rd Parties.
About The Grabity Ecosystem
The Grabity ecosystem consists of nodes, community, DApp, and platforms, and each institute contributes to the ecosystem based on the token economy. Grabity presents the token economy and various requirements for the ecosystem to function and develop as follows.
Token Economy
Demand for GBT
Consumers who need computer resources should purchase GBT.
Need to purchase GBT to participate the in the ICO on the Orbits Network-based DApp
GBT is DApp’s main currency, and if DApp’s users increase, demand can increase.
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.
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.
GBT ecosystem entry incentives
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.
ICO GRABITY :
Token Name : GBT
Total Supply : 10,000,000,000 GBT
Token for sale : 7,000,0000,000 GBT
Token Price : 1 GBT = 0.0053$
Softcap : $ 30 Million
Hardcap : $ 10 Million
Presale January 15 , 2019
Presale end February 14, 2019
Distrbution of token
For Token Sale : 70%
For Grabity Team : 15%
For Patner and Advisor : 5%
For Bounty , Marketing , Airdrop : 10%
Road Map
2018 Q4
Smart contract Deploy
ERC20 based Token issue
GBT Pre-Sale
2019 Q1
Network Layer Development
(P2P-based overlay network)
Planet Wallet Launching
GBT Public-Sale
2019 Q2
Data Layer Development
Consensus Layer Development
2019 Q3
Testnet Launching
Toolkit & SDK Development
Block Explorer Development
2019 Q4
Application Layer Development
2020 Q1
Management Layer Development
2020 Q2
Orbits Network Launching
GBT-based DEX, DApp Store Launching
For more information about Grabity, you can send message to https://t.me/GrabityENG
Website: https://grabity.io/
Whitepaper: https://github.com/grabityorg
Facebook: https://www.facebook.com/Grabity.io
Telegram: https://t.me/GrabityENG
Twitter: https://twitter.com/GrabityOfficial