OMNITY ICO Review - Unifying Knowledge For Faster Insight
Knowledge has many forms for which various means of aggregation and
healing have been developed. With the release of scrolls containing libraries
to create, one of the earliest examples is the Spiral Library of Alexandria in
ancient Egypt. Protected access to knowledge is also a growing challenge. At
the time of the libraries of Alexandria and Bodleian, access to knowledge was
limited by reading skills and spatial proximity. In the field of European
Enlightenment, literacy was a limiting factor, and academic institutions were
developed to facilitate wider literacy.
What is omnity?
Omnity is a healing system of decentralized knowledge and
self-organizing linking private document repositories at all levels
(individuals, businesses, organizations and governments). The semantic
connections in both sets of internal documents and external public data quality
and rating are made by others around the world (see Figure 2). Omnity does not
scratch the canvas; We collect and discover interconnects fairly massive
collection of public and private documents automatically loaded via APIs and
connectors hidden patterns and unexpectedly high value.
The News
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Website
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Token-Based Consumption of Omnity
Users who consume Omnity through tokens enjoy all of the features of
the free user tier, as well as a wider and deeper range of already-built and
commercialized Omnity services:
(A) An Om token or fraction thereof can be used to ingest into Omnity
and query on any number of documents or set of documents, where those document
can be privately archived on either a cloud based and/or a blockchain-enabled,
decentralized public ledger, useful both to validate ingestion time and date
for time-sensitive documents, as well as to detect potential duplicate
documents in Omnity. One Om token enables a 20-page document to be queried,
where one page is defined as 3,000 ASCII characters. Token users can ingest and
store as many documents as desired.
(B) An Om token or fraction thereof can also be used to trigger the
automated production of an information feed, which we term a “Discovery Bot”,
relative to a user-initiated query or set of queries. Discovery Bots can be
produced over a specific unit of time (e.g. hour, day, week, and month) as well
as be triggered by an event (e.g. the accumulation of sufficient content, whose
threshold is set by either the User or Omnity). The total number of and depth
of Discovery Bots generated over a specified period of time drives the pricing
of this service.
Omnity Storage Monitor (SM)
The storage monitor watches all data indexes for existing and new
files. When new files are added to the index, the monitor sends a request to
the file handler to store this file on the DSN. When an existing file becomes
unavailable, the SM sends a request to the recovery agent that retrieves the
file from the DSN and restores it onto the index. There are several potential
reasons as to why existing files might become unavailable such as natural
disasters, data corruption, hardware failures, and network hacks.
Mechanics of Token Sale
Omnity tokens are securities (investment contracts) being offered
within the U.S. pursuant to 506(c) of Regulation D and outside the U.S. in
reliance on Regulation S. Omnity tokens will be sold in multiple stages, with a
private sale followed by a presale and then a public sale. In the United
States, only accredited investors will be able to purchase Omnity tokens. Of
funds raised, 74% will be allocated for Omnity’s operations (as per Figure 11);
15% in reserve, including use for the Early Adopter Program; 6% for employees,
advisors, and partners; and 5% for founders.
Plan of omnity
Token Features
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Bitcointalk user name: cryptoking4672
Bitcointalk profile Link: https://bitcointalk.org/index.php?action=profile;u=2352782
ETH address : 0x58d750b7C78AC7205f23074997FbF4B5c38989bb
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