Lately, a steadily increasing number of ICOs are being launched and consequently there is an increase in problems that plague these kinds of investments, such is the mistrust that potential investors have in the Crypto-Asset industry, because it’s somehow hard to differentiate between a legitimate and illegitimate ICO project. As a result even high quality and legitimate startups or existing companies struggle to have a successful ICO.
This calls for many stages of verification and due diligence to ensure that an investment is sound, well-organized and have general quality assurance. As a Crypto-Assets writer and enthusiast it’s a must for me to carry out research/due diligence in validating the legitimacy of an ICO project before writing on or recommending it. I have a number of questions I ask and things I look out for in an ICO project before I could give such a project a yes-yes. Few of the things I look out for are “the goal, the business model, the marketing strategy, planned and projected future, legality, the team and the Partners” of the project. And in this particular ICO project I’m writing about, Ethereum Limited, it’s a yes-yes. Trust me, Ethereum Limited is a great project.
Ethereum Limited is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.The tenets of Ethereum limited surrounds the creation and execution of smart contracts that are unbreakable. With Ethereum limited, a user can enter a contractual agreement with another party, and the users are rest assured that they cannot be tired. The platform is created to clamp down on the disadvantages and laws of using the traditional contract system.
Ethlimited wants to bring sanity to the world of contract and ensure that the rate of litigations in courts is reduced, if not eliminated. It intends to allow it users to bask in the euphoria of knowing that their contracts can never be tampered with while holding a crypto coin that is most likely to improve in worth and shoot past the worth of the current Ethereum coins – Ethers.
Day-to-day Activities Where Smart Contract Are Needed:
Insurance companies Insurance companies, instead of waiting for people to file their claims, can start the process through their smart contract.
Copyright. Books, songs, movies, documentaries or anything that may have copyright can take advantage of smart contracts. It is not necessary to manually control the sales of books or songs, the intelligent contract supervises everything and will calculate how much each collaborator is entitled to.
Exchanges. Once the intelligent contract receives both fiats or cryptos to be exchanged, it would continue executing the next action included in the contract.
Parcel Tracking cargo containers would be much easier with smart contracts that monitor the location of the ship, train or plane. Since they are computerized, smart contracts can provide the last known location of the cargo container every hour or every minute without human intervention.
Job. Smart contracts can record the exact number of hours an employee worked to properly track performance and also to facilitate salary wages.
Mortgage. The mortgage loan is a very complicated process and requires a large amount of documents to complete and sign. The smart contract can make the whole process simpler, easier and cheaper for both parties.
Logistics and supply chain. Supply chain management is about the flow of goods from raw materials to a finished product such as automobile production. The smart contract can monitor who is responsible for a given lot number of raw materials, what time it was processed and other things necessary to track the productivity and efficiency of the entire manufacturing process.
Ethereum limited was designed to allow anyone with access to a computer and the internet to create a smart contract with anyone, anywhere in the world. With Ethereum limited, a user in the US can create a contract with someone in South Africa without having to meet in person. All that needs to be done is for both parties to include their terms and conditions in the contract, and voila, the smart contract handle everything.
The contract, including the terms and conditions, is enforced by the smart contracts. The mainstream uѕе оf smart contracts will rеquirе invеnting new аrсhitесturаl ѕоlutiоnѕ thаt combine blосkсhаin with more trаditiоnаl tесhnоlоgiеѕ (web аррliсаtiоnѕ, рubliс APIs, аnd ѕо оn). One example оf thiѕ is a wеb аррliсаtiоn where thе uѕеr can сrеаtе smart соntrасtѕ thаt will bе testable аnd dерlоуаblе оn the blосkсhаin. The current imрlеmеntаtiоn оf thiѕ рrоduсt allows fоr thе сrеаtiоn аnd сrоwdfunding of an ERC20 соmрliаnt tоkеn.
The usage of Ethlimited allows users to create their decentralized apps, dApps, on the platform.
Thе application uses twо hоѕtеd Ethеrеum nоdеѕ, one fоr thе асtuаl mаin Ethеrеum nеtwоrk аnd another for the testnet. Ethereum limited is interested in correcting the laws of Ethereum blockchain.
Thiѕ will аllоw the соntrасtѕ to bе fullу tested bу the uѕеrѕ bеfоrе dерlоуing thеm. In the production environment, we will dерlоу with multiрlе, lоаd-bаlаnсеd Ethеrеum nоdеѕ tо hаndlе the еxресtеd nеtwоrk trаffiс, аѕ well as tо рrоvidе high availability fоr Ethereum limitеd users. Futurе dеvеlорmеnt of thiѕ wеb аррliсаtiоn will inсludе аn ever increasing librаrу оf smart соntrасtѕ fоr the users to сhооѕе from, and a marketplace fоr user-created contract templates.
Thiѕ wоuld еnаblе non-technical users tо сrеаtе blockchain trаnѕасtiоnѕ in the form of smart соntrасtѕ thаt саn rеøесt any type of аgrееmеnt in legal and buѕinеѕѕ contexts. Traditional technologies will соntinuе tо рrоvidе the means to track vеrѕiоnѕ of ѕmаrt соntrасtѕ, usernames on the platform, and соrrеѕроnding еmаil addresses fоr thе рurроѕе оf lоgging.
Ethereum Limited ICO
In order to create a first class user-friendly platform that will enable the creation, modification and execution of smart contracts, acting within the framework of the global legal system, it is necessary to attract funding on a large scale which allows the system in question to start work as well as remain independent. That is why Ethereum Limited is conducting its own collection of funds using the most modern and convenient instrument, the ICO: the sale of tokens.
Ethereum Limited's group, completely, every one of its representatives work for the advantage of the project/organization and are constantly prepared to help in any matter. If there are any doubts or questions, you can always contact support — technical support is ready to help at any time. They are dependably in touch and don't dismiss any issue. For sure, at the present moment when we are discussing ICO ventures this reality is very crucial.
All models made by the Ethereum Limited's advancement group are freely accessible, at the present time you can acclimate yourself with this platform. Ethereum Limited takes an interest in each conceivable crypto, blocking gatherings, and finish up genuine contracts.
ICO/Token Information
Token Name: Ethereum Limited
Ticker: ETHL
Maximum Supply: 10,000,000
Sale of Tokens:
Pre-Sale: $0.50 1,000,000 Tokens
ICO: $0.70 to $1.50 5,000,000 Tokens
Token Allocation
Private Sale: 800,000
Pre-ICO: 1.000,000
ICO: 5,000,000
Airdrop: 500,000
Bounty: 1,300,000
Development: 900,000
Team: 500,000
For more info:
Website : https://ethlimited.org/
Whitepaper : https://ethlimited.org/whitepaper.pdf
Facebook : https://www.facebook.com/ethereumlimited/
Twitter : https://twitter.com/EthereumLimited
Telegram: http://t.me/EthereumLimited
Ann Thread : https://bitcointalk.org/index.php?topic=4521586
Author: tzoe
Bitcointalk profile link:
https://bitcointalk.org/index.php?action=profile;u=1681375