Place/Date: Romania - May 9th, 2018 at 9:08 pm UTC · 3 min read
Contact: Online.io, Source: Online.io
Modern technological advances and the path taken by organizations on the internet has meant a lot of annoying happenings for a normal user.
Modern day free services make money by intrusive ads, malicious parties infect computer systems with malware and viruses, agencies and major online corporations track users and collect data to analyse or sell, violating privacy.
Recent news on unethical data collection and selling by Facebook is a prime example of how user privacy is violated. Today’s users are now more than ever conscious about the hazards of using the internet. Online.io is developing the perfect solution by providing protection from the above issues.
The idea behind Online.io was conceived in summer of 2017. The developers studied the potential and conducted research for nearly 6 months before concluding that such an idea was not only feasible, but now a fundamental requirement.
The following Q1, 2018, was used in studying the blockchain system and how the idea could be integrated into it. The designing of the platform, in terms user interface, smart contracts and website also started at this time.
Q2 saw development of malware protection, browser extensions development and will witness the ICO. The tracking script protection will also be started to develop in this phase.
Q3 of 2018 will release beta versions of browser extensions and full versions of privacy and script protections. The Beta version of the platform’s wallet will also be released for community testing in this phase.
Web dashboard, and alpha wallet versions will be launched in Q4 of 2018, with mobile application development commencing shortly after.
Q1 2019 will have the API SDK, additional wallet protection and plug in architecture for e-commerce seeing the light of the day.
The 2nd and 3rd quarters will be mostly dedicated to marketplace development and release, an integral part of protecting user privacy services, followed by the plug in for e commerce solutions in the last quarter of 2019, making the platform complete and all services up and running.
OIO is the native, Ethereum ERC20 standard token that will be used as monetary coin within the platform. Private sale will commence on 15th June, 2018, while the main ICO will begin on 10th of July. The combined events will see 2.5 billion OIO up for sale with a price tag of USD 0.04 per OIO.
The main ICO will have a 25% bonus that will drop by 5% every 4 days, until it finishes. Tokens not acquired by backers at the end of the event will be burnt to protect value.