The Cryptocurrency market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
With my research, I found this project in which I really put my faith: OMNITY. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
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. Omnity does not scratch the canvas; Omnity collects and discover interconnects fairly massive collection of public and private documents automatically loaded via APIs and connectors hidden patterns and unexpectedly high value. OMNITY is a search engine for scientists, students, researchers and so on. Very often students and scientists need the same information, the search does not lead to the desired result, because the popular search engines do not display this information on the first page when searching.
Omnity is based on the fundamental advances in semantic link search technology in which Omnity create landscapes of relationships based on meaning derived from semantic signatures of the whole document. In this way, the knowledge contained in the whole document can be deeply connected, only through shared ideas.
FEATURES OF THE PLATFORM
Billions of federal documents from most major agencies semantically interconnected
Documents interconnected through similar semantic signatures
Linguistic blockchain traces the semantic signs of papers changing over time, place, and authorship. Digital rights control for text-based content in engineering, finance, law, medicine, science in more than 100 languages is available.
Automated semantic search agents called discovery bots can be triggered by drag and drop complete file querying. There is an opportunity by using OM tokens to activate token-driven self-governing searches at user selected periodicity and duration and result reports can be sent periodically to the user.
The internal structure of OMNITY will be based on a neural network, which will identify different dependencies between requests and responses of users in similar and not very topics. The platform will constantly self-study by analyzing each document and drawing conclusions based on the article or work. These publications and extracts from them will be stored on the platform on demand by other users so that each subsequent user can get the necessary information faster than the previous one.
WAYS TO USE OMNITY
Drag and Drop
After logging in omnity.io, just drag and drop the document you want to search about and Omnity will handle the rest.
After logging in omnity.io, click on "my files" and choose the file from your computer and that's it. Omnity will do the job.
Omnity Google Chrome Web Clipper
After logging in omnity.io, just download the add-on and install it. While you are on the web, just select the text you want to search and Omnity web clipper will handle it.
OMNITY PLATFORM TOOLS
This technology is necessary to track the relevance of the information.
Responsible for the storage and retrieval of the desired files and applications for the use of documents to owners. Each document uploaded to the network will be given an identification number, which can be easily found.
Data Recovery Agent
The tool is needed to recover lost or damaged files.
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.
Token Name - Omnity Token
Ticker - OM
Platorm - ERC-20
Supply - Will be fixed after ICO
Token Sale Details
Sale will be held in several stages. Based on the data on the website, private sales should begin in the near future, during which it is planned to sell tokens for $ 9 million. Known total hard cap of the sales – $ 50 million.
Tokens will be distributed as follows:
74% for sales;
15% will go to the reserve;
6% share of employees, advisors and partners;
5% pool of founders.
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.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
For more information, please visit:
Whitepaper brief: https://www.omnity.io/static/ico/whitepaper_brief.pdf