Full Name:IONCHain Token
IONChain aims to solve a wide range of the current problems of IoT networks in terms of data security, data circulation, data sharing and data transactions, thus enhancing the efficiency of the whole IoT ecosystem. IONChain introduces the concept of “One Device, One Coin, One Code” which facilitates the integration of IoT devices with the IONChain blockchain network. With the use of Edge Computing technology, it enables every device on the IoT network to be utilized as a mining machine, making every IoT device that uses IONChain subject to mining rewards. Owing to the use of blockchain technology, the data source will always be reliable and verifiable on the IONChain network. Furthermore, the value of the data is quantified and data transfers are fast and secured. This makes it easier for IoT standards to emerge, unlocks a plethora of new IoT application scenarios and boosts the whole industry to enter the next level of development.
Description of Token (Utility/Use Cases):
a) Rewards for the IoT devices used as miners;
b) The longer you hold the tokens, the bigger your chance to be elected as the IONChain council member;
c) Compensation for the cost of running data search, statistics and smart contract analysis. Nodes running smart contracts will get awards accordingly;
d) As the fuel for running DAPP on the IONChain, the node running the API called by DAPP will receive the reward corresponding to the running consumption of API;
e) As a transaction fee for transferring the IONC currency between accounts, the billing node award is paid accordingly;
Detailed Roadmap and Milestones:
1. 2017.8, IONChain project set up, core team established.
2. 2018.2 Release whitepaper and raise fund.
3. 2018.8 Release IONChain main network and wallet.
4. 2019.3 Formulate the standards of smart chip version 1.0.
Core Members Introduction:
Founder: Terry Liu, https://www.linkedin.com/in/tao-liu-500bbb10/
▪ 16-year experience of consulting and system architecture.
▪ Technology team management experience of over 300 members.
▪ Former CTO of Zhiwang Fintech, Founder of Zhiwang blockchain
and IoT system.
▪ Former senior director of Accenture.
▪ Integrated technology expert, and design integration solutions for
Huawei, China Mobile, SAIC and so on.
▪ Senior blockchain lecturer for master courses in Fudan university.
▪ MBA of East China Normal University.
Technical Director: Robert Feng, https://www.linkedin.com/in/robetfeng/
▪ 15 years experience of developing and architect.
▪ Founder of technical blockchain community BlockChainBrother .
▪ Core developer of Hyperledger project .
▪ Sponsor of Hyperledger Explorer open source project .
▪ First author of 《Practical application of blockchain》 published by China Machine Press.
Product Director: Danny Yu,https://www.linkedin.com/in/danny-yu-6aba7a146/
▪ More than 10 years’ experience on IoT device design.
▪ Industry includes agriculture, medical, intelligent community,
intelligent scenic spot and intelligent gateway.
▪ Host and complete top-level design projects for IoT system and
application scenario landing.
Marketing Director: Junjie Lee,https://www.linkedin.com/in/%E4%BF%8A%E6%9D%B0-%E6%9D%8E-379853a0/
▪ 20 years experience of television media & PR; achieve both provincial and national awards.
▪ Former COO & Chief Editor of ChainB (the leading blockchain media of China).
▪ Co-founder & Former VP of Marketing and Content Production in Uni-Live.
▪ Graduated from Fudan University.
BD and Ecological Construction: Eric Fang, https://www.linkedin.com/in/eric-fang-78723134/
▪ Co-founder of Shidian Capital.
▪ Over 10-year working experience on marketing development and
business management in telecommunication industry, and worked for Huawei US, HTC China and China Unicom (shanghai), etc. Practical experience on managing enterprise with various attributes and intercultural teams.
▪ More than 5-year experience about ecosystem build-up for startup investment. In 2011, started the first entrepreneurship NGO in shanghai and it is now one of the deputy chairman entities of Shanghai Entrepreneurial Alliance. One municipal entrepreneurial incubator which takes up 2000 square meters is running by himself.
▪ 2-year experience on cryptocurrency investment, project management. Have invested more than a dozen different projects. Independent and profound research skills. Master of Information Technology from University of Birmingham, National Senior Entrepreneurship Consultant, travelled over six continents, enjoyed long-distance running, exercises and reading.
Chief Architect: Daniel Wu, https://www.linkedin.com/in/gcc2ge/
▪ Blockchain and encryption expert.
▪ Core developer of Hyperledger.
▪ Start working in blockchain development from 2014.
Token Contract Address:
The Verified Contract Source Code Link:
The Number of Decimals of Token：18
Market Cap: 8.5m USD(2018.7.9)
Circulating Supply: 200000000(2018.7.9)
Token Price：0.035USD (2018.7.9)
ICO price:0.00008 ETH