While blockchain-based applications are still in their infancy, a dramatic increase in industrial and academic interest in blockchain technology is evident. In addition, start-ups, as well as industry initiatives, are presently working intensely on blockchain-based innovations, making the technology one of the most promising drivers of innovation in many sectors and industries. However, the design and implementation of blockchain-based systems requires know-how in various areas, as well as mindful consideration of larger economic and societal issues.
In this first ever ivestment oriented R&D platform to be introduced worldwide. This institution will focus on educating people in blockchain technology to develop solutions within wide range of industries. The residents will learn how blockchain technology is disrupting existing business models and will gain insights in paradigmatic changes occurring from economic, organisational, and computer science viewpoints. As a result, the residents will be able to develop their own, new value creating information systems, which are designed as decentralized autonomous systems. As learning outcomes, the residents will receive computer science, information systems, and business knowledge background in order to analyse existing business processes and their potential to convert them into blockchain-based solutions.
In doing so, they will be able to co-create new blockchain-based cryptographic economic systems.
Within the Intellium Platform, participants will learn how to set up a development environment and how to work with the emergent crowd-funded decentralized blockchain application platforms, like Ethereum, Waves and others. They will be able to design and implement their own smart contracts and will code their own dapps (decentralized apps).
Once basic blockchain elements have been introduced, residents will work on their own blockchain development projects, supported by the participating industry partners.
• Foster understanding of blockchain technology and their business potential for a variety of people.
• Generate new knowledge about commercial, managerial and societal implications of blockchain technologies.
• Educate executives and students about blockchain technology.
• Develop prototypes to evaluate blockchain concepts and assess applicability in existing business processes.
• Build a strong community of blockchain experts, corporates, industry experts and entrepreneurial talents.
• Focus on specific areas such as finance, banking, insurance, trading, education.
Intellium is a think tank and research center which investigates implications of the blockchain technology for companies and their business models. Intellium also provides new research impulses and develops trainings for students and executives.
It is a means of raising enough money to develop the Intellium project. Well implemented crowd sales, with carefully defined objectives and guarantees, are one the best ways to both generate capital and to build a community that has a stake in its success.
The token represents a simple universal measure of the value of operating profitability of the company.
The tokens can be considered as an investment instrument because its market value can significantly change as the project develops. Educating executives and students about blockchain technology, developing prototypes, building a strong community of blockchain experts, corporates, industry experts and should lead to an increase in our operating profit. This financial flow will enable us to participate in new projects, which will lead to a further increase in the price of the tokens because each token will give access to an ever-increasing infrastructure.
The cryptocurrency token Intellium (INTL) is built on the WAVES platform.
Token owners can sell or lease their tokens using the special technical feature of the underlying WAVES protocols. From a technical point of view, this means that ownership of any amount of INTL can be transferred, temporarily or permanently. These are peer-to-peer transactions; therefore, parties must agree on costs and payments between themselves. The holder of the token is protected by his own Blockchain — the protocol works in such a way that the token cannot be transferred on but remains in the wallet of the rentee: in effect, the token is on a «temporary loan». The minimal duration that a token can be rented is 3 months, and there is no maximum period. A rental agreement may be terminated ahead of time by mutual decision of the parties or unilaterally. Formally, the WAVES platform does not allow the inclusion of specific leasing rules (i.e. the price, time, conditions, etc.) into the Blockchain, as there can be too many scenarios of interaction between users. However, within the leasing agreement between the parties, there are guarantees on the fulfillment of contractual obligations of all involved. A token holder can sell as many tokens as they choose. However, the innate features of Blockchain technologies make it impossible to restore the ownership of tokens if the holder has, for whatever reason, lost his private key. The responsibility to reliably store the private key is that of the token holder alone.
10% of the profits made from Intellium platform will be distributed to contributors, via a token buyback program.
The tokens bought back will be burned to reduce the overall INTL token supply. A gradual reduction in token supply will eventually increase on the token value, benefiting all token holders. This program will be executed every 12 months.
20% of the profits will be distributed annually through dividend distribution program via smart contract.
Eligible for distribution are all Intell (INTL) token holders on a predetermined record date.
Intellium provides an opportunity for investors looking for the simplest way to get into the decentralised economy:
Developing on our original Intellium concept, we intend to create larger scale and all-encompassing institutions. A part of the profit made from these businesses will be distributed among token holders. Based on business tasks and received feedback, we can enhance token functionality and add new features. The modular structure of chosen digital platform allows for further development and extension.
The target group of investors consists of individuals who either have some understanding about the cryptocurrency world or those who mainly want to diversify a small part of their assets into the new economy. It is expected that the large majority of people outside the community are still sceptical about blockchain technologies and cryptocurrencies and that it will take time to gain support among them. Nevertheless, inflated equity valuations, negative yields and a lack of alternative opportunities to invest in the current investment environment will force investors to take part in cryptocurrencies and businesses created upon blockchain technology. The exponential rise of blockchain technology used in real businesses is already delivering visible value added effects to the economy. Undoubtedly such a revolution, although gradual, will not be overlooked by the retail investors.
Wawes protocol and routines constitute the core of Intellium digital infrastructure and functionality. The advantages of using WAVES platform are: ease of custom token creation, low cost of operations, built-in decentralized exchange, and integrated work with fiat currencies.
Most of the operations can be performed without leaving the WAVES wallet. We believe that in the future all the Blockchain systems will be combined into one ecosystem; therefore, the WAVES platform was chosen as the key element of Intellium apps. WAVES is making great strides towards this goal, which will, naturally, increase accessibility and create new opportunities.
The term of the token is unlimited and, therefore, does not expire. The number of tokens that can be purchased by the same holder is unlimited. Tokens are not bound to a person or company, and anyone who can certify their ownership of it can use it. That is, the token can be resold or leased on. INTL tokens are divisible. Fractional shares are introduced for the convenience of working with INTL as investment assets. The smallest fraction is 0.001 INTELLIUM Details: Intellium Token
Total tokens: 20 000 000
TX ID: 7H5SQnZ1uVAUM1zRQjv4B4nchSVXPhMuRjVg3y9XotTd
TYPE: Outgoing Asset Issue
DATE: 18/07/2017 17:14:50
SENDER ADDRESS: 3PL4c3ZgSxDHt62VUQwRcg8HDAjK1RsTsLW
TX AMOUNT: 20000000.000 Intellium
DETAILS: Pre-ICO Start: July 21th, 12:00 GMT+3 ICO Start: August 20th, 12:00 GMT+3 Token Full Name: Intellium Token Token Symbol: INTL Role of Token: Proof-of-Membership Total Token Supply: 20 000 000 tokens Tokens on Pre-ICO: 4 000 000 tokens Tokens on ICO: 10 000 000 tokens Tokens distributed among the Team, Founders and Advisors: 6 000 000 tokens ICO Price per token (locked): 1 USD Pre-ICO Price per token for cryptocurrecy contributors depends on current market prices. Accepted Currency: Majors: ETH, BTC, LTC Pre-ICO End: Token cap reached or 30 Days ICO End: Token cap reached or 75 Days Adjustable: All unsold during ICO tokens will be burned Accelerating Bonus Program:
+40% tokens on your contribution of 12ETH, 1BTC, 90LTC and more (Satoshi Bonus)
+30% tokens on your contribution of 6ETH, 0.5BTC , 45LTC and more (Digital Age Bonus)
+20% tokens on your contribution of 4ETH, 0.33BTC, 33LTC and more (Crypto Lover Bonus)
+10% tokens on your contribution of 1ETH, 0.1BTC, 0.9LTC and more (Enthusiast Bonus)
- on random days during the all ICO period HOW TO PARTICIPATE IN INTELLIUM ICO: Complete the Registration Form, and proceed to payments:
Ledgers have been at the heart of commerce since ancient times and are used to record many things, most commonly assets such as money and property. Blockchain technology relies on the concept of distributed digital ledgers, which are essentially asset databases that can be shared across a network of multiple sites or institutions. All participants within a network can have their own identical copy of the ledger. Any changes to the ledger are reflected in all copies within minutes, or in some cases, seconds. Distributed ledgers are inherently harder to attack, compared to traditional centralized versions. Instead of a single database, there are multiple shared copies of the same database, so a cyber-attack would have to attack all the copies simultaneously to be successful.
The technology is also resistant to unauthorized change or malicious tampering, as participants in the network would immediately spot a change to any part of the ledger. Furthermore, the method by which information is secured and updated means that participants can share data and be confident that all copies of the ledger at any one-time match each other. Traditional ledgers achieve a level of privacy by limiting information access to the parties involved and a trusted third party. By contrast, a Blockchain system is transparent: all network participants can examine records in the ledger. Privacy can still be maintained, however, by breaking the flow of information in another place — keeping pseudonymous public keys, which correspond to the participants. The network can see that a transaction occurred, but uninvolved parties lack the information to link the transaction with specific identities. In 2009, Satoshi Nakamoto introduced Bitcoin , the first implementation of a protocol that enables the issuance of a digital bearer instrument without a trusted third party. This was achieved through the use of the ledger replication system i.e. Blockchain.
Bitcoin solves the difficult problem of implementing decentralized digital cash, but its security model limits its efficiency and throughput: its design only supports a single native asset, and its virtual machine offers limited support to custom programs that determine asset movement, sometimes called smart contracts. Ethereum, which launched in 2015, develops the concept of a Blockchain to a fully programmable state replication mechanism. While it includes a much more powerful programming language, it presents additional challenges for scalability and efficiency. Its general-purpose computation model makes it difficult for engineers to reason about security of their applications.
The primary investment focus is on solutions that enable the essential autonomous infrastructure for supranational economy: decentralized computation, data storage and communications, decentralized exchanges, investment solutions, prediction markets, pegged assets protocols, cross chain gross settlement systems, identity protocols, DAO and smart contract frameworks, reputation systems and social networks.
The past and current trend of initial coin offerings (ICO) has led to more than 500 new cryptocurrencies being created which are traded daily.
• One group consists of pioneer currencies based on blockchain technology such as Bitcoin. This type of digital asset serves as an alternative for the transfer of wealth across the globe, being fully transparent, secure and effective. Its intrinsic value lies in its use as a medium of exchange and as a store of value.
• The second group consists of “app tokens” that are more reminiscent of traditional company shares, where the company acts as a decentralised autonomous organisation. Such organisations have been growing exponentially in the last year as the community is perceiving the new economy as similar to the sharing economy. Importantly, such organisations can deliver value added services, which are comparable to the traditional economy but far more efficient and cheaper for the consumer.
Intellium funds will be invested in future Intellium Accelerator portfolio with blockchain investment focus. If the funds fluctuates, the Intellium Accelerator portfolio will be reduced proportionally. We developed a simple model of future profit distribution to token holders using token buyback mechanism.
With the unprecedented rise of cryptocurrencies and blockchain technology, new opportunities are arising in field of investment.
As the traditional type of economy is reshaping its form, the money will flow into cryptocurrencies, either for the speculative purposes of gaining capital profit or by supporting projects that are built on decentralised platforms. Importantly, individual investors with little knowledge of cryptocurrency content do not want to miss opportunities to be exposed to undervalued digital assets.
The purchase of Intellium Tokens carries with it significant risks. Purchasers and fund managers are exposed to the following risks: inherent risk, loss risk, theft risk, regulatory risk, miscomprehension risk. By sending bitcoins, ether or litecoins to address the purchaser agrees that he or she understands and accepts these risks and potential losses of all funds without a possibility to restore. Fund managers do not hold any risks except for risk of losing personal investments.