ETERNALTRUSTS PROJECT ((ICO 2019))-FIDUCIARY SERVICES FOR THE CRYPTO WORLD

gelogelo (12)in #blockchain • 5 years ago

Good day everyone all over the world, and I extend my greetings to all my dear readers. I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know’s, I always carry you along with any information about good crypto related projects through my blog.

INTRODUCTION:

Millions of new investors began trading cryptocurrencies. Of course, as with any investment vehicle, there are many different trading strategies, so it’s important to identify which one suits you best.

To be successful in the world of cryptocurrency trading you must know the market very well, but above all, you must know yourself. Perhaps this is even more important than knowing the market, and your future in the world of crypto may depend on this level of self-honesty.

Cryptocurrencies receive news coverage on a daily basis recently, and investing in them can be fun, profitable, and rewarding. respectively over the last years as interest investors flock to the digital currency market, and research has comfirm it that over 100,000 new users sign up every day. And this is just the beginning.

The starting point is familiarizing yourself with the market caps and prices of popular currencies. The cryptocurrency market is highly speculative, so staying up to date with circulating news is critical. Much of the market seems like a gamble at first glance, but you can become an intelligent cryptocurrency investor by learning about each of the tokens and by a particular project that I will be presenting to you in this article.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: ETERNALTRUSTS

WHAT IS ETERNALTRUSTS?

Eternal Trusts combines hybrid intelligence technology with smart contracts to make the traditional trust funds and fiduciaries a thing of the past. ET represents a decentralized and autonomous financial means capable of making a long-lasting impact according to your own futuristic scenario. The blockchain-based “eternal wallets” of ET can operate for centuries, turning to expert-backed hybrid intelligence to seek the best providers capable of performing the grand purposes set by the settlors, be it supporting multiple generations of their offspring financially, contributing to a global charitable cause, or even extending their lives by preserving their biomaterial for the long-term.

EternalTrusts is the world’s first fiduciary crypto protocol for creating decentralized apps that securely administer crypto assets through collective decision-making. Eternal Trusts Protocol replicates the traditional “purpose trust” framework with crypto technologies, making it flexible, transparent, and affordable for the end user. The ET Protocol is open to any business owner, financial service provider, trustee, or family office interested in accepting cryptocurrencies, integrating blockchain into its business processes, and offering a brand new model of trusted asset administration to their clients. ET Protocol is powered by EOS.IO, one of the fastest blockchain protocols with low transaction fees, and Hyperledger by IBM.

ABOUT EternalTrusts

The CEO of Eternal Trusts is a man named Kirill Silvestrov, who has a background in investment banking. The company’s other employees listed on the Eternal Trusts website have backgrounds in areas such as asset management, trust establishment, blockchain development, and biomedicine. Silvestrov and most of the employees at Eternal Trusts appear to be natives of Russia.

Nowadays, one of the methods to guarantee that a person’s legacy can have a lasting influence is setting up a trust fund, a special type of legal agreement that provides a trusted third party with the right to hold and spend assets according to a specific goal set by the trust settlor. The trust market has not experienced any radical change with the advent of new technology and is still based on centuries-old principles. Currently, it exceeds 20 trillion dollars under management. Although unlike Wills, Trusts allow their Settlors to protect assets from third-party claims and avoid probate, their legal structure is currently incapable of securely incorporating digital assets such as apps, cryptocurrencies and tokens. Moreover, the management fees involved are not affordable for most people, and the range of potential purposes is constrained by the limited expert networks that collaborate with trustees.

The mission of Eternal Trusts, as a cutting edge organization spearheaded by experts in blockchain and finance, is to revolutionize the centuries old fiduciary industry and make it secure, autonomous, transparent, flexible and affordable by creating the world’s first fiduciary crypto protocol. The inherent qualities of cryptocurrency-based solutions allow us to design an innovative model of a Trust Fund which absolutely outperforms and outcompetes its traditional predecessor. We make this model available for integration to all trustworthy companies that provide financial services today.

The Eternal Trusts protocol combines private and public blockchain technology to make traditional trust funds a thing of the past. The decentralized apps built on ET are an effective financial instrument with a long-lasting impact that operates autonomously according to a complicated spending scenario. ET-powered apps can store crypto capital for centuries, turning to the expertise of so-called networks of oracles — groups of reputable, trusted parties to be in control of asset administration and rewarded for making optimal decisions. These networks are tasked with managing assets and seeking the best providers capable of performing the grand purposes set by the dApp end users, be it supporting multiple generations of their offspring financially or contributing to a global charitable cause.

Eternal Trusts COIN ANALYSIS & BLOCKCHAIN USE WORKS

The motto at the top of the Eternal Trusts website is “A dream that is destined to succeed.” The company aims to provide a way for people to prolong their life or improve their quality of life using methods that are either not scientifically possible or not allowed on legal or ethically grounds at this point in time. Essentially, Eternal Trusts customers dictate products or services they want that will prolong or improve their life and the company will carry them out once science and technology allow for it.

In an interview, Silvestrov mentions technologies like cloning, being cryogenically frozen, or storing stem cells and DNA to treat diseases as several potential options to “pre-program a second life” and achieve “genetic immortality.” He states these are technologies that are being developed and could be available to people in the future.

Eternal Trusts would serve as a platform for people to request such procedures when they’re available. Money in the form of ETT would be saved in a trust and only used when those in the science community working with Eternal Trusts have the capabilities to carry out the person’s wishes.

Trusts signed with Eternal Trusts would be stored in blockchain so that the data is stored in a safe, decentralized location. With the use of blockchain, smart contracts through Eternal Trusts can be put into action as soon as science makes it possible to clone, freeze, or utilize stem cells or DNA in whatever way was ordered by the customer.

Eternal Trusts believes that its expertise in managing trusts and assets make it capable of fulfilling such promises. Silvestrov points out that assets will be stored securely and that trusts can last for several hundred years until the technology for cloning and other ventures to prolong human life can be utilized properly. Moreover, Silvestrov adds that as long as there is electricity, blockchain will exist and smart contracts with Eternal Trusts will remain intact.

ETERNALTRUSTS EXPLANATION VIDEO

ETERNALTRUSTS TEAM & ADVISORS BOARD

ETERNALTRUSTS ROADMAP

ETERNAL TRUSTS ICO ANALYSIS

The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the

ETERNALTRUSTS PLATFORM

Smart contracts and legal agreements with Eternal Trusts can only be paid for using ETT. This makes it imperative to buy ETT either during the pre-sale or token sale if you wish to become a client of Eternal Trusts. The pre-sale will take place from March 22 to May 30, 2018, with 1 ETT coming at a cost of $0.01 USD. The pre-sale cap target is $2 million. The actual token sale will take place from June 1 to August 1, 2018. The soft cap is $7 million while the hard cap will be determined after the pre-sale. Among the currencies being accepted are Bitcoin, Ethereum, BitcoinCash, DASH, and Litecoin.