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Description
iTrue provides Self-Sovereign Biometric Identity for Decentralized Web. “Self-Sovereign” also known as self-ownership is the idea that people should own their own data. Using iTrue, businesses cannot just freely use data from users, they must request the data and the user must consent to this usage. Users are rewarded each time they decide to share data with business but it is a voluntary sharing of data. "Biometric Identity” means they can offer face identification online and offline (i.e. visitors to trade centers, hotels, conferences, taxis, etc. so businesses know when to reward or punish someone in case they misbehaved).
ICO Details
True provides Self-Sovereign Biometric Identity for Decentralized Web. “Self-Sovereign” also known as self-ownership is the idea that people should own their own data. Using iTrue, businesses cannot just freely use data from users, they must request the data and the user must consent to this usage. Users are rewarded each time they decide to share data with business but it is a voluntary sharing of data. "Biometric Identity” means they can offer face identification online and offline (i.e. visitors to trade centers, hotels, conferences, taxis, etc. so businesses know when to reward or punish someone in case they misbehaved).
Team:
- Maxim Tkachenko: СEO.
- Mikhail Podlinev: Chief Operating Officer.
- Abhishek Gangwar: Chief CV Engineer.
iTrue ICO began on December 21th, 2018. The ICO token supply represents 60% of the total token supply, so there is a total of 4,800,000,000 tokens available, for 0,003 USD each. The ICO funding target is unknown, the funding cap is 11,000,000 USD and is expected to end on March 21th, 2019 or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (40%):
- 5% Advisors;
- 12% Team;
- 1% Bounty;
- 22% Foundation;
iTrue ICO campaign features Bonus and bounties.
| ICO Status | Ongoing |
|---|---|
| Token Supply | 8000000000 |
| Start Date | 2018-12-21 |
| End Date | 2019-03-21 |
| Fund Raised (BTC) | N/A |
| Fund Raised (USD) | N/A |
| Start Price (USD) | 0.003 |
| Security Audit Company | N/A |
| ICO Legal Form | N/A |
| ICO Jurisdiction | Hong Kong |
| Legal Advisers | N/A |
| Blog | https://medium.com/itrue |
| White Paper | itrue.io/files/iTrueWhitePaper.pdf |
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