Titanium Blockchain
INFRASTRUCTUR SERVICES
WEBSITE | ANN THREAD | WHITEPAPER |
The Future Is Now
Unlike typical infrastructure services, where a company’s technology may exist on up to several hundred devices, the Titanium infrastructure will reside on the decentralized Ethereum blockchain, which is composed of over 20,000 nodes, with each node potentially being composed of several hundred discreet systems.
Even if several thousand nodes experienced a system failure, there would still be zero outage time, and perhaps, only a performance degradation of the Titanium services being delivered.
Titanium is at the forefront of the utilization of Blockchain technology across personal and enterprise networking systems. Read our whitepaper to see how you can take advantage of this new technology today.
About Us
Today, the largest transportation company in the world owns no cars (Uber), the largest hospitality company on the face of the planet owns no hotels (AirBnB), the largest retailer carries no stock (Alibaba), and the world’s most popular media network creates no content (Facebook). Clearly, we are living in a time of radical change. Why should internet infrastructure be any different?
The EHI Advantage
Unlike 99.99% of Blockchain start-ups and Initial Coin Offerings (ICOs), the Titanium Core Team is not composed of relative newcomers to technology. In stark contrast, the Titanium Core Team has over two-hundred (200) years of combined experience. This is also not the first technology company that Titanium’s Founder and CEO, Michael Stollaire, has ever formed. In 1999, Mr. Stollaire founded EHI, a technology consultancy specializing in enterprise infrastructure management.
EHI and its consultants are known in the industry as top-tier, elite personnel, as shown by their impressive Client List and Testimonials.
Most Blockchain start-ups and ICOs face a very serious problem after they develop a viable product and or service: finding companies and people that will actually purchase them and use them.
Titanium will not have this problem. As EHI’s sister company, Titanium will simply inherit EHI’s clientele, and since EHI is considered a trusted source of excellent customer service and personnel, Titanium will also be held in high regard.
What follows is a short excerpt of some of EHI’s customers, which Titanium will leverage immediately.
BACKGROUND
Since the advent of the idea of an interconnected network in the 1960s, very little
has changed regarding internet infrastructure. While today’s internet has infinitely
more interconnected servers, home computers, and most importantly, users, the
functional technological framework has not changed since the first envisioned by
the computing pioneers of the ‘60s and ‘70s. Of course, server technology has
improved since the first network arrays such as ARPANET, but the fundamental
infrastructure hasn’t changed – it is still based on large data centers and is centrally
controlled by large companies who have their own interests at heart; these interests
are not necessarily yours.
In 1999, the invention of virtualization software allowed for the creation of virtual
machines (VMs) on high capacity servers. This saved companies around the world
billions of dollars and allowed for the rapid growth of the consumer webhosting
industry as hundreds of low traffic websites could be hosted in a very small amount
of rack space as “servers” could be brought into being with the touch of a button.
However, even in this situation, a disproportionate amount of power was placed in
the hands of relatively few companies.
Even today, up to 70% of internet traffic
passes through server farms concentrated in Northern Virginia and operated by a
single company.1 While the status quo works, it is far from the ideal decentralized
and democratized internet envisioned by our technological progenitors and which
is only now becoming a possibility.
Welcome to the new world brought to you by Titanium Infrastructure Services (TBIS);
We Are the Revolution.
A NEW ERA
Today, the largest transportation company in the world owns no cars (Uber), the largest hospitality company on the face of the planet owns no hotels (AirBnB), the largest retailer carries no stock (Alibaba), and the world’s most popular media network creates no content (Facebook).
Clearly, we are living in a time of radical change. Why should internet infrastructure be any different? TBIS is proud to introduce Infrastructure as a Service (IaaS) on the Ethereum blockchain platform. Today the internet, considered collectively, represents an estimated 11.5 million petabytes of data. As enormous as this it, it is dwarfed by the potential of a fully integrated and interconnected global network scattered.
The backbone of the TBIS system is the Service Level Agreement (SLA) which can be constructed to virtually guarantee 100% uptime of all devices, applications, and mission-critical services. The Titanium Control Panel will make it possible for even an inexperienced user to create SLAs that will be able to support enterprise-level support and network infrastructure for any person or company that has decided to be a part of the coming Titanium Revolution.
In short, TBIS IaaS will render current infrastructure services, from web hosting to any network support device, archaic, obsolete and utterly useless. Just as iron supplanted bronze, Titanium is elemental to the future of the internet.
Our team firmly believes in the disruptive power of the blockchain. Already, global business and finance are being transformed and disrupted by blockchain technologies. TBIS has already completed trials that demonstrate that it is possible to create entire infrastructure systems on distributed and redundant systems. Imagine a world in which businesses no longer need to have a networking closet full of expensive and temperamental equipment that rapidly becomes obsolete, requires tender care and reduces productivity through down time or general digital surliness. All of the decaying equipment with yellowing casings can be replaced with digital titanium for a fraction of the cost of acquisition and maintenance of hardware infrastructure, all while increasing
Our Mission
“Our mission is to leverage the power of the immutable blockchain to provide virtual infrastructure services for businesses and individuals, creating a Titanium clad guarantee of reliability which had previously been wholly impossible.”
uptime and reliability and completely eliminating maintenance.
This Token Mechanics and Sale Details summary does not constitute an offer to sell or a solicitation of an offer to buy TBIS’s token, called “BAR”, and is provided for informational purposes only in respect of TBIS’s platform. The following summary reflects TBIS’s current expectations with respect to token mechanics and sale of BAR, which are subject to change.
Soon, the TBIS token (BAR) will be sold. As part of this sale, a fixed pool of BAR will be generated. No further BARs will be created in the future. BAR will be a deflationary currency. Once the sale concludes, a portion of BAR tokens will be allocated and given to the TBIS team as an incentive for the success of our platform, and a separate portion will be held as a reserve pool and expenditure fund. The community will hold 60% of all BAR, the TBIS team will hold 20% of BAR (subject to a freeze period), 10% of BAR will be reserved for various community bounties and 10% of BAR will be allocated for the reserve pool.
The BAR cryptocurrency serves several key operational functions with respect to the TBIS platform for its holders:
1. BAR will be the only means of paying for products and services within the TBIS ecosystem.
2. BAR owners will be allowed to participate in milestone completion votes, which will be used to unlock reserves for BAR expenditure.
3. BAR will serve as the primary mechanism for verifying third-party marketplace smart contracts in a decentralized and secure way.
4. When TBIS smart contracts are deployed by users, the BAR that is paid as a fee will be re-sold and circulated back into the ecosystem at market value.
Titanium BAR
Token Sale BAR tokens will be offered at an exchange rate of 700 BAR for 1 ETH, for a sale duration of approximately sixty (60) days. During the first 72 hours, all BAR purchased will be sold at a reduced rate. The sale is slated to begin on January 1, 2018, at 1PM (GMT-7). A hidden, undisclosed hard cap will be cryptographically signed using the keccak256 hashing algorithm and released as part of the smart contract. If this cap is reached, then it will be revealed and the sale will immediately end. Otherwise, the sale ends once the sale period has ended. The cap can be verified by comparing the revealed value with the hash included in the original contract. A security cap of 350,000 ETH will be hardcoded into the contract, as a safety net against unforeseen complications. This security cap is not the hard cap for TBIS, and is not intended to be reached.
The TBIS team has pre-determined a minimum goal (denoted in US Dollars) that represents the runway necessary for the core TBIS platform to be finished and released.
If the minimum goal is not reached by the end of the sale duration, then all contributed Ether will be marked for a refund. Anybody who contributed will be able to withdraw their Ether from the sale contract. The soft cap figure will be $1,000,000. The hard cap figure will be $35,000,000.
Titanium BAR Pre-Sale and “Early Bird” Bonus Periods
Three (3) bonus periods will be offered at the beginning of the sale to provide early bird contributors a small incentive. During the first 24 hours of the funding period, the exchange rate will be 1.15 BAR for $1 USD, a 15% bonus. For the 48 hours after that, the exchange rate will be 1.1 BAR for $1 USD, a 10% bonus. For the 48 hours after that, the exchange rate will be 1.05 BAR for $1 USD, a 5% bonus. After the early bird periods, the price of BAR will remain at 1 BAR for $1 USD for the rest of the sale.
Note : The exact start date, duration of the discount period, and duration of the sale will be determined by block numbers, and thus are approximated with an accuracy of a couple of minutes.
Note : The exact start date, duration of the discount period, and duration of the sale will be determined by block numbers, and thus are approximated with an accuracy of a couple of minutes.
Any tokens purchased as part of the sale will be immediately allocated to the buyer, but will be locked from transfers until the minimum goal has been reached. In a short amount of time after the sale starts, these tokens will be spendable in the TBIS mainnet demo app, once the minimum cap is reached.
Referral Bonus
During the pre-sale and general ICO crowdfunding periods, a referral bonus of 5% will be paid to existing Titanium BAR Token owners, if they refer other individuals to the Titanium BAR Token sale that proceed to purchase the minimum amount of Titanium BAR Tokens, equivalent to 0.01 ETH or greater.
Secondary Milestone
Voting The TBIS team is committed to delivering on our promises. We believe in our product, and wish to show good faith by remaining accountable to its success. Thus, we are implementing a completion-based release model. Active users who are involved in the TBIS platform will be given a vote in determining if deadlines and milestones have been met. The TBIS team will open votes for each milestone as they are released, and TBIS users will have a window of time to signal the milestone as “complete” or “incomplete”. If a majority of votes signal the feature as “complete”, the reserves associated with that milestone stage will be released.
In the event that a milestone is deemed “incomplete”, we will engage with the community for feedback to determine our shortcomings, and address those as necessary. The vote will then be repeated after a cooldown period, up to a maximum of three votes in total. In the case of three failed votes, the lock will be released at the discretion of the team, no less than one month after the final completion vote.
This protects the long-term functionality of the TBIS platform from being locked over vote manipulation or contentious issues. The specific milestones that have voter-locked access attached are noted in Figure 1. The TBIS team will lock 30% and 10% of the token sale proceeds until the completion of the first and second noted milestones in Figure 8.1, respectively. The specific amounts locked may change according to the results of the token sale and the TBIS team’s needs. Once finalized post sale, these numbers will not change.
OPERATIONS AND ROADMAP
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