Eternal Trusts - Decentralized Application

nemori (26)in #ico • 6 years ago

Eternal Trusts is the world’sfirst fiduciary crypto protocol for creating decentralized appsthatsecurely administer crypto assets through collective decision-making. It replicates the traditional “purpose trust” framework with crypto technologies, making it flexible, transparent, and affordable for the enduser. ET Protocol is powered by EOS.IO, one of the fastest blockchain protocols with low transactionfees, and Hyperledger by IBM. Our platform is ideally fitted to delayed operations algorithmize procedures, connectome once cryopreservation or chemical fixation, and plenty of different equally fantastic, however possible, services, once they become legal, ethical, and out there on the market. The program monitors and spends your embedded crypto currency assets, in the assumption of a designated long-term goal. The Eternal Trust is the only company that is selling people the chance to make healthcare technology extend their lifespan or improve their quality of life by using technology that does not exist or is not legal at the moment. this. The company sells the card before selling the actual token from 1 June to 1 August 2018. The only way a person can become a permanent trustee is to buy a credit card. eternity (ETT).

Mission

The global mission of Eternal Trusts lies within the autonomous execution of a wide range of people’s objectives that can go beyond their lifetimes. Eternal Trusts is a platform that replaces traditional Trust Funds and estate planning institutions with a decentralized, robust, and more publicly accessible set of mechanisms based on smart contracts and allows a wide range of people to select potentially feasible long-term purposes that best suit their needs.

Eternal Trusts combines hybrid intelligence and smart contracts to make the traditional trust funds and fiduciaries obsolete. It represents a decentralized and autonomous financial means to make a long-lasting impact. The “eternal” wallets of ET are built on a blockchain and can operate for centuries, turning to expert voting when needed to seek the best providers to perform the purposes set by their settlers.

The Original dApp of ET

The original dApp of Eternal trusts uses the ET Protocol, the pioneering open supply fiduciary blockchain protocol for making distributed crypto trusts, it is not like those centralized trusts present traditionally, the trustee designed on the ET Protocol is depicted by a system of smart contracts and a reputation-based network of oracles — a group of consultants acting along and being rewarded for the correct choices. decentralized trusts will store and manage clients’ assets as cryptocurrency, tokens, and tokenized ancient assets and funds.
The ET Protocol is hospitable everybody. Any business owner, trustee, or family workplace fascinated by integration the decentralized trust mechanism into its business processes will try this by building their own DApps and establishing their own networks of oracles and repair suppliers which will serve the fiduciary desires of their purchasers and facilitate accomplish their long-run functions.

How it works?

Trusts concluded with Eternal Trusts http://eternaltrusts.io will be maintained using blocking technology, which means that the data will be provided in a reliable and decentralized environment. This is an excellent investment in your tomorrow, because further user plans can be implemented even after hundreds of years.

Advantages of Eternal Trusts are:

Novelty. The consumer's goals recorded in the agreement are involuntarily checked for practicability and then reported on the results of the managers collecting information.
Security. Your dream prospects will also be realized through legal and technical opportunities and campaign arrangements.
Practicality. All actions on your funds will be controlled by yourself and specialists from the program.
Focus on customers. A number of customer satisfaction services are very significant for the company. The consumer is a powerful tool of the company, for the peace and well-being of which it is responsible.

Eternal Trusts solve most of the issues of traditional trusts:

Much lower costs of incorporation and administration;
Extensive range of purposes, including those that will become legal, ethical and executable in the future;
Eternal Trusts exist solely in the crypto world as a decentralized autonomous organization and assets are shielded against regulations.

The most commonly requested services on their platform so far are (in order of popularity):

Financial support for the family going forward.
Dynasty support (including social support, healthcare, education for family members, as they’ll as for those that are yet to be born).
Managing crypto assets until retirement (a pension plan).

Eternal Trusts platform is unable to avoid fulfilling the undertaken obligations written into the blockchain for autonomous execution. The autonomous algorithm, called Purpose Execution Flow, initiates the voting process on present triggers, finds the most optimal solutions for the client with the help of Oracles, analyses potential contractors and, if they meet the predetermined set of reliability criteria, proceeds to purchase the services that the client requires.

Value for traditional fiduciaries
Value for smart contracts template platforms
Value to final clients

The individuals who need an efficient way to transfer assets between family members and other individuals, charities and purposes typically dominate the trusts industry.

ICO

• The starting price is $ 0.010
• Number of tokens - 3 billion. Eternal Trusts Tokens
• Number for sale - 1.95 billion. Eternal Trusts Tokens
• Currency support - BTC, ETH, LTC

Pre-sale

The pre-sale began on March 22, 2018 and ended on May 30, 2018
• The minimum purchase volume is 0.1 ETH
• Additional bonus + 5% when buying more than 10 ETH
• ETT for sale - 200 million. Eternal Trusts Tokens
• For sale - 1.95 billion. Eternal Trusts Tokens
• The planned fee is $ 2 million.
• The price of the token is $ 0.010
STAGE COMPLETED, $ 1 MLN. COLLECTED

Selling tokens
The sale of tokens began on June 1, 2018 and ends on October 1, 2018
• The minimum purchase volume is 0.1 ETH
• Badges of perpetual trusts for sale 1.75 billion Eternal Trusts Tokens
• Soft cap - 1.95 billion Eternal Trusts Tokens
• Hard cap - $ 27 million.
• Price of the token - 250 million ETT - $ 0.014
500 million ETT - $ 0.018 1 billion ETT - $ 0.021
All unsold tokens will be destroyed

TOKEN SPECIFICATIONS
Symbol: ETT
Starting price: 0.010 USD
Total amount: 3,000,000,000 ETT
Distributed at the Token Sale: 1,950,000,000 ETT
All unsold tokens will be burnt
Accepted currencies: BTC, ETH, BCH, LTC, DASH

TOKEN SALE TERMS
Minimum purchase volume: 0.1 ETH
Additional bonus: + 5% when purchasing more than 10 ETH
ETT tokens for sale: 200,000,000 ETT
Targeted presale cap: 2,000,000 USD
Token price 0.010 USD
Distribution of collected funds:

Team Members

EAM Kirill Silvestrov- CEO
Artem Ananyan - Chief Financial Officer
Mark Lea - Head of Legal
Alexander Gorshenev - Chief Technical Officer IT
Igor Karavaev - Adviser
Sergey Kiselev - Adviser
Randal Koene - Adviser
Elena Abramova - Artist, designer
Ilya Sapranidi- Chief Business Developer

roadmap

They believe that financial planning is crucial for every person, no matter whether they belong to the world of high finance, or the crypto community. They also believe in the extended long term growth of the crypto markets and the further tokenization of assets, which is particularly expected to become most prominent in the financial industry. Hence, before dividing their potential clients into groups in terms of their consumer behaviour, they attempt to evaluate the market by the top-down approach, analyzing the data that can be found in open staircase to evaluate the headcount of beneficiaries of value created by the platform.