ENDO solves the problems of fragility, resource-intensive audits and fraud of documents and data. ENDO Protocol ICO rating – 75
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Ended ICO : 20/06/18 – 25/08/18
Roadmap: 4/10 Legal: 4/5 ICO terms: 5/5
Team: 16/20 Token applying: 5/5 Promotion: 15/20
Rank in MA – 13275, Rank in VN – 22708, Rank in IN – 92284, Rank in ID – 22892, Rank in EG – 18660, Rank in TH – 27752, Rank in TR – 38793, Rank in RU – 81782, Rank in VE – 9149
About ENDO Protocol ICO (token sale)
The ENDO solution is an automated data verification service that allows to check the authenticity of brands, medicine and food manufacturers, documents, including passports, foreign passports, driving licenses, photographs of permanent, working visas, and virtually anything you can think of. ENDO is a great tool for checking of international credentials, using several best-tested data sources and allows to quickly verify the identity of the client, even on the basis of minimal information. On the one hand, ENDO automates processes and saves time and money, and on the other – allows to accept new customers, improve the quality of service, successfully fight fraudsters and reduce the level of risk.
EToken is an intra-platform utility token. EToken is the only currency that can be used to pay verification fees and data exchange between system users. If the user decides to store data on third-party servers, or to store hashes on other Blockchains, the User pays with the ET, which is exchanged for the other currency.
ET will be operating a Commission Pool (C-Pool) that will be distributed between the Node holders, the Development team and will be used to fill the pool for other blockchain cryptocurrencies.
Users need ENDO Token to pay organisations for the service they provide through the platform. ENDO Token can be earned through sharing information.
Organisations may use the ET to buy and sell data, available on the ENDO Platform. If the data sold is user data, then the user earns a % of the ET or opts out, choosing to not allow for their personal data exchange.
Node holders will receive a proportion of the ET, acquired through commissions. Similarly, the team of developers will receiving a portion of these commissions. The DPoS architecture will allow for holding the ET in wallets, to pool funds on the nodes and participate in the DPoS.
In other words, the participants of the platform (Community members who have ET) could vote for delegates who support the ENDO Blockchain. This way, the entire Community participates in the consensus, and still follows the delegate model. If a user has ET, they can use them to vote. If these tokens are transferred or spent, the right of voice is lost automatically.