AERGO: universal offer for business on the blockchain

Recently, more and more Internet enterprises are starting to get acquainted and integrate blockchain technology into their platforms. And, as for me, this is definitely the right decision on the part of the management of companies that are striving to achieve efficiency, reliability and quality of customer service with absolutely low maintenance costs for their network and low transaction costs in it. And, although the blockchain technology market is developing by leaps and bounds, yet, there are many unsolved problems or even whole problems. We will talk about the attempt to solve them below.

As many have already understood, we will talk about the top blockchain start-up in 2018 called AERGO. Let's try to understand together what this project is so remarkable and what is the reason for its abnormal popularity in the ICO market at the moment.

So, AERGO position themselves as the very, indispensable fuel for IT businesses built, or who want in the future to introduce into their core sensational and well-proven blockchain technology.

It should also be noted that the developer company responsible for the development and promotion of the project is Blocko Inc., an IT company registered in 2014 in South Korea. It plans to introduce its core technology Coinstack to this platform, which has been running on the Ethereum virtual machine for more than 4 years and Already having a lot of solid corporate customers, including: Cisco, IBM, SK Telecom, KRX Korea Exchange, Lotte Card, Samsung SDS, LG CNS, Microsoft Azure, Hyundai-Kia Motors and others.

As for the AERGO platform, it will consist of three key components:

AERGO HUB - a public interface through which enterprises and developers of decentralized applications will gain access to computing power to run their business or applications. Its main purpose is to perform the role of web hosting on the basis of the AERGO blockchain, as well as managing subnets belonging to this network and performing a number of other important functions that you can learn about from the white paper project, I will leave the link under this article.
AERGO CHAIN is the next generation blockchain protocol that will be the main one in the AERGO network and will perform management functions over the network of subsidiary corporate blockchains. One of the key modules of this protocol will be AERGOSQL - a mechanism for the simplified creation of advanced smart contracts of the new generation, which will eliminate a number of serious problems in creating valuable and quality blockchain products.
AERGO MARKETPLACE is a platform developed by the company where the demand and supply of software, computing resources, various services and other types of products will be reduced to the highest level of convenience.

It is also worth noting that AERGO plans to fully support the creators of open source projects and the AERGO Virtual Machine will “understand” all popular programming languages, which should in turn attract the attention of specialists to this platform.

A few words about the key members of the AERGO team:

Phil Zamani, chief operating officer, has vast experience in technology, previously worked at Banco Santander as head of big data and at Deutsche Telekom as senior vice president of the Cloud Business Unit.

Hunyong Park: Chief Technical Officer, has more than 10 years of experience in database development and distributed systems, previously worked as chief software engineer at TmaxData in South Korea.

Roderick van der Graaf: founder of investment and consulting firm in the blockchain field Lemniscap, graduated from the University of Hertfordshire in the field of aerospace engineering and the University of London with a degree in information technology, has more than 7 years of experience working with private and venture capital in Caldera Pacific and KCP Capital, 13 years engaged in stock trading at Deutsche Bank, HSBC, Rabobank, Bear Stearns, LIM Advisors and All Options.

Vaughn Kim: studied computer science at Boston University, has 9 years of experience in Relational DBMS, has been researching and developing distributed systems for over 6 years.

Jane Lee: graduated from Cornell University in the United States with a degree in hotel management, has 7 years of experience in strategic consulting, a specialist in digital transformation expertise and technology commercialization.

Alison Shim: director of innovation, a graduate of New York University, where she was engaged in research in the field of economics and communications. He has 5 years of experience at Strategy Consulting at Accenture, an expert in market entry and further development.

Also, 13 experienced advisors, 4 business specialists and 6 main developers will work with them on the project.

Project roadmap

At the moment, the roadmap looks very attractive and optimistic, and, given that there are a lot of excellent experts and advisers working on the project, it can be assumed that all products will be executed efficiently and on time. Also, do not forget about the full support of BlockoInc, who already have experience in similar developments and are ready to share it with AERGO, so we are looking forward to launching the main network of the project in the first quarter of 2019.

Early supporters and investors of the project

AERGO Token Metrics:

Token Type: Token on the AERGO blockchain

Token Role: Utility

The total number of tokens: 500 000 000

Available for sale to investors: 30% of the total issue

The purpose of the fundraising: 30 000 000 USD of which almost 29 million were collected at the preliminary sales stage, and the remaining amount will be allocated in the project tokens to the key participants of the project community.

Token price: 0.20 USD

Token distribution:

ICO - 30%

Company reserve - 25%

Development team - 5%

Counselors and supporters - 10%

Community and strategic partners support - 30%

Distribution of funds raised:

Research and development - 40%

Marketing - 15%

Incubation of ecosystems - 30%

Strategic alliances and business development - 10%