Enkronos – Fully Trusted Blockchain Credit System For Ethic Data Driven Campaigns

ICO 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.

After my research, I found this project in which I really put my faith: Enkronos. 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.

Enkronos Apps is a powerful multi-application ecosystem for advertising solutions, marketing and promotions, gamification, artificial intelligence, augmented reality, internet of things, big data and e-democracy, just to name a few areas. All the applications that will be published share a unified authentication system (SSO) that will also facilitate interoperability and greatly enhance every data-driven project in a common cloud-based environment.

The Enkronos Tokens (ENK) will be the utility tokens of the “Enkronos Apps” Platform that will be used in all transactions related to distributed credits on the “Enkronos Apps”.

ENK will be then the only way to use “Enkronos Apps”, starting predictably from Q1–2019. Depending on resources consumption, storage and requests to the platform, the Enkronos Wallet will update its balance of available ENK.

A basic difference from almost all the ICOs is then that we already have a product and an established Company.

Why we created ENK?

Enkronos Apps platform powerful advertising, marketing, AI and big data possible usage (as it happens for any other advanced solution) raises a problem of respect of ethical conduct that till now has not found any acceptable answer also in any other available platforms. This unsolved problem is the main reason of the recent uncertainty that has created collapses in the stock exchange even for giants like Facebook (see Cambridge Analytica case).

The natural evolution of “Enkronos Apps” was therefore the realization by Enkronos of a full trusted, not manipulable publicly available accountability system to guarantee its ethical usage.

This the main reason why blockchain technology is the answer to this issue, since it is the only way to assure everybody that any usage of Enkronos Apps, that will be possible only with ENK tokens, will be registered and traced in a secure way that can’t be deleted or changed.

Enkronos Apps will be open to Third Parties Apps

Enkronos Apps allow and promote creation of applications that have no logic similarities apart from using the same and secure SSO environment and the RESTful API connection of Enkronos Apps. Any application that would like to integrate Enkronos Apps, can do that, by reading through our extensive documentation.

By publishing your application, the app will be visible in the Enkronos Apps listing for all of its creators to use.

A third-party application can choose which part they wish to use (they can use all, or nothing):

A secure and safe sign in environment (SSO) for each application they own
Access to extensive resources which solves problems
We estimate that starting from 15 June 2018third parties (developers and companies) will be able to release their apps in Enkronos Apps platform.

The already existing applications and the soon available are:

Contest Dream (already published on “Enkronos Apps”)

Loyalty Venue (already published on “Enkronos Apps”)

YourGamify (already published on “Enkronos Apps”)

Swee.io (new app, release scheduled on 30.06.2018)

McAudience (new app, release scheduled on 31.07.2018)

FeelGrid (release on “Enkronos Apps” scheduled on 30.11.2018)

CryptoState (prototype, release on “Enkronos Apps” scheduled on 30.06.2019)

ENK follows ERC20 token standard on the Ethereum blockchain.

ENK has already been created and they have been capped, meaning we are not able to create any more in the future. No inflation is intended. The base price of ENK is setted as published on our TGE web site, ico.enkronos.com.

500 million ENK tokens created. 255 million directly sold to public.

Token supply is fixed, we create immediate deflationary currency that will be as valuable as our growing community (startups and crowd) in our ecosystem.

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

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.