THE VISION OF THE PROJECT.
The shift in the use of artificial intelligence instead of humans to carry out jobs through automation and machine learning will transform the structure of the society.
A new opportunity has now been opened to participate in the creation of wealth, this will help by the growth and progress of technology. This idea of tokenization will allow people from different aspects of life to share the values that will be created from this new protocol.
THE IMPLEMENTATION AND DISTRIBUTION.
THE ECOSYSTEM OF INSHARE AND INTOKEN.
This ecosystem includes the underlying technology and the smart contract that will govern the issuance and the distribution of INTOKENS and INSHARES.
THE IMPLEMENTATION OF ERC WALLET.
The designs and contracts have been made to optimize for simplicity, for efficiency and as well for security purposes.
The InTokens and In Shares available are ERC20 and ERC223 complaints smart contracts that are effectively running on the Ethereum blockchain.
The project presently have no plan to implement their own blockchain and this is for the purpose of managing InTokens and InShares, there is, however, a right to move on to a new smart contract platform if it is found to be significantly better and more efficient.
The concept of the entire InToken Ecosystem will definitely emerge out of a coherent and a tightly coupled smart contracts, each of this contracts will provide an essential subset of functionality.
THE InToken (IN) Smart Contract.
The intended InToken smart contract will be able to manage, make withdrawals and approve the transfer of tokens for each of the address. This contract will be adherent to the Bancor protocol and eventually, it will be able to implement Bancor’s version of the ERC20 smart token.
The Available Information Managed in The Ethereum Blockchain.
• The balance will be InTokens per IN address.
• Transfers will be made between IN address.
• There will be approval for withdrawing tokens from the INT addresses.
• The token supply will be the current amount of INTs in circulation, which will be controlled by the minting and the burning of tokens.
The Inbot Mediator Gateway (IMG) SMART CONTRACT.
The introduction processes, as well as the allocation of token rewards, is usually done by the Inbot Mediator Gateway (IMG), it is this contract that runs the business on the Inbot Ambassador platform.
Here are some of the information’s managed on the Ethereum blockchain.
There are five available intro stages that are managed by the Inbot Mediator Gateway and they include: (i) The process when the intro reward is opened.
(ii) The process when a vendor accepts an intro suggestion from an ambassador.
(iii) The process when a vendor will endorse the introduction.
(iv) The processes when a vendor or an ambassador withdraws.
THE AVAILABLE SOLUTION FOR MINIMIZING THE AMOUNT OF ETHEREUM TRANSACTION FEE.
The price surge and the increased transaction fee of Ethereum is no news, InToken will revise the strategy for managing the introduction process with the use of Inbot Mediator Gateway Contract and also paying regular dividends directly with the Inshare co.
The maximum amount of available InTokens will be 13 billion. A total of 5.8 billion Intokens will be made available to the public, 2 billion of the token will be kept as a reserve for the inbot, Inc. shareholders, this are the people who will be ready to forfeit their shares in the process.
There will be a reserved amount of 800 million tokens that will be allocated for liquidity, this will be managed for Bancor protocol, this will be done to enable anyone purchases InTokens with Fiat currencies, in a bid to create rewards directly from the wallet interface.
THE AVAILABLE TOKEN SUPPLY AND DISTRIBUTION
The ICO will have a soft cap of €3,000,000 and then a hard cap of €38,000,000.
Every token left unsold will be added to the reserved liquidity which will provide easy purchasing of tokens for all businesses, this will enable the platform a fast growth.
After a successful token rollout, there will be an effective token distribution and they are:
• Employees and advisors will have 9.6%.
• The ICO cost will have 1.2 %.
• The Inbot Reserve will have 6.2%
• Inshare Dividends will have 30.8%
• ICO will have 44.6%
• ICO bounties will have 7.7%
The available model will encourage the use of tokens for introduction, it will increase the level of activity of the platform, and the value of Inshares, as well as the value of InTokens, will as well be increased.
ICO budgeting will have two programmes whose aim will be to reward community members and they will include;
Airdrop for telegram group chat membership and referral reward program.
FUND USAGE.
For the sake of community building, we will have 10.0%
For the acquisition of vendor, we will have 25.0%
Operations will have 20.0%
The R and D will have 45.0%.
Source
Website: https://inbot.io/
Whitepaper: https://docs.google.com/document/d/12siRqjuHIHelPS-NaVVZxnq4AJ1hGlDXoGo6DeVw51U/edit?usp=sharing
Twitter: https://twitter.com/inbot_int
Facebook: https://www.facebook.com/inbotambassador/
Reddit: https://www.reddit.com/r/ico/comments/810n4m/inbot_airdrop_and_presale_is_on_click_on_wallet/
Telegram: https://t.me/intoken
Authored by: geeboy88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874835
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4