Implementation of blockchain technologies into the aspects of human interactions is aimed at bringing unprecedented system self-organization in the context of reliability and security. Though this undertaking is not as simple and requires complex solutions for seamless functioning of the blockchain mechanisms and increasing transactional speed within the system. Furthermore, the current state of blockchain technological progress does not give a reasonable technical answer to such challenges as huge processing power consumption and pollution.
The stated above challenges can be resolved by implementing MULTIVERSUM solution offering complex data organization and the concept of Proof of Integrity validation which will replace current data interaction practices (Proof of Work or Proof of Stake).
MULTIVERSUM is going to develop a 4th generation blockchain and can be viewed as an early adopter of new blockchain mechanisms. At the moment a fundraising campaign is ongoing in the form of ICO - a new way of investment activity based on issuing the underlying crypto tokens of the project. MULTIVERSUM innovative approach can really attract a lot of institutional investors and private individuals and I think that this project is worth investigating in more details.
Website: https://www.multiversum.io/
Whitepaper: https://www.multiversum.io/whitepaper/WP_English.pdf
Multiversum Concept and Goals
MULTIVERSUM is aimed at developing unique features of blockchain mechanism so that to make it suitable for different spheres of human activity (financial, administrative, industrial). In order to overcome the existing challenges of data transfer and chain splitting MULTIVERSUM has offered new techniques for crypto-validation and distribution based on improved Smart Contracts and Open Source solution. These techniques allow creating an organized data storage solution (Relations Crypto Database) based on Microservice Approach that can handle series of data and complex data structures faster and in a cost-effective manner.
The key GOAL of MULTIVERSUM is to offer the best available product in the market (at time of delivery) through a collaborative effort of self-organizing and cross-functional structures. This becomes possible if to involve AGILE - an established software development methodology which allows for adaptive planning, continual improvement, and flexible response to the changing environment.
Multiversum Features and Advantages of the 4th Generation Relational Blockchain
Unique MULTIVERSUM features give possibility to manage complex data scenarios and implement any kind of application on created technology, these features include: crypto relational database, Proof of Integrity protocol, divisible/re-joinable chains, advanced API offer, reciprocal chain confirmation, biometric data integration, self-managing crypto cluster, reverse access denial, freezable wallets, ERC20/ERC23 integration, and many more.
The complex interaction of the above-stated features will result in the following advantages of MULTIVERSUM Relational Blockchain 4.0:
👉 High-level security and traceability standards for funds transfer by using biometric data;
👉 Transaction speed and throughput (less than 0.2 seconds required to transfer funds across wallets);
👉 Development of new protocol - Proof of Integrity;
👉 Low transaction costs along with next to zero environmental footprints;
👉 Multiversum-hosted tokens allow for optional rollback;
👉 Fast and more scalable competitive solutions in the context of a business perspective;
👉 Hosting coins and tokens from other solutions on MULTIVERSUM chain including external confirmation method;
👉 Improving horizontal scalability and computation capacity by adding processors and not replacing them;
👉 Establishing Relational Blockchain with different types of processed data in the multidimensional structure.
Token Specifications and ICO Review
MULTIVERSUM project has issued the MTV tokens serving as the utility for a decentralized network for supporting and exchanging value in a cost-effective manner. These tokens are managed in the Ethereum ERC20 network and can be bought and exchanged in Ethereum-supported wallets. Tradable MULTIVERSUM tokens also may serve as an investment tool and can be bought at the stage of ICO and stored by active traders or long-term investors in their wallets.
More token specifications and ICO details are submitted as follows:
▶️ TOKEN SYMBOL: MTV
▶️ TOTAL SUPPLY: 141,000,000 MTV
▶️ SOFT CAP: 5,000,000 USD
▶️ HARD CAP: 35,000,000 USD
▶️ MTV TOKEN PRICE: 1 MTV = 1 USD
▶️ ICO: 01-05-2018 to 10-06-2018
ICO is held in several stages so both institutional investors and private individuals will be able to pre-purchase MTV tokens and receive several types of bonuses depending on the stage of ICO (see the dates below):
MTV tokens distribution will take place according to the following scheme:
Project Team
MULTIVERSUM project team is quite large and consists of successful industry experts and advisors having a lot of experience in the related fields: blockchain technology, infrastructure and integration, Frontend & Mobile Development, operations management, software engineering, personal identity verification, data science, finances, fintech and marketing etc. The list of the team members/advisors and their details can be found on the official website of the MULTIVERSUM project: https://www.multiversum.io/ It must be emphasized that a large and well-structured team must lead the project to the scheduled financial results in due time.
Conclusions
MULTIVERSUM project is very promising in terms of developing a new and unprecedented blockchain structure. The concept of the project and its implementation will give the possibility to create the 4th Generation Relational Blockchain and resolve a lot of issues related to the speed of transactions, poor user experience, lack of transparency in managing user data, integration with various business applications. Both businesses and users will be able to take advantage of fast and secure blockchain mechanisms and managing their finances in the controlled and smart way by using MTV tokens and ERC20/ERC23 integration. This project is worth investigating in more details because the unique and innovative Proof in Integrity protocol can really lead to facilitating the development of social and commercial blockchain projects. I would conclude that this undertaking is very encouraging in terms of high ROI so let us take a closer look in order to see the emergence of the new blockchain entity.
PROJECT CONTACT DETAILS:
Website: https://www.multiversum.io/
Whitepaper: https://www.multiversum.io/whitepaper/WP_English.pdf
Telegram: https://t.me/MultiversumOfficial
Twitter: https://t.me/MultiversumOfficial
Facebook: https://www.facebook.com/MultiversumBlockchain/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2955830
The author of the article (on Bitcointalk):
https://bitcointalk.org/index.php?action=profile;u=1144629
Any feedback on MULTIVERSUM project would be appreciated.
Thank you!