Hy my friend all wherever you are, hopefully you are in a good state aja. On this occasion I will share some important information about the Essentia project.
In recent years, we have witnessed tremendous adoption & growth in social interaction via the web in the form of photos, videos, social media, e-commerce, etc. And the whole ecosystem is popularly referred to as Web 2.0. With the advent of the blockchain & decentralization system, a new paradigm known as Web 3.0, assumes great relevance. Web 3.0 will facilitate peer-to-peer interaction with peer brokers and more importantly distribute power among users who interact within the system. The key actors who lead the Web 3.0 revolution are decentralized networks and dapps that solve serious problems. Essentia, a decentralized data management framework is one of them and will act as a new web gateway comprising of decentralized apps, wallets, and other platforms.
While Web 2.0 sees giant companies like Amazon, Facebook & Google controlling user data, Web 3.0 through decentralized services like Essentia aims to empower users by giving them control over their own data and identity. Essentia will present a new way for users to interact with the Web that gives them full information and control over their data, as well as providing a unique opportunity for third parties and decentralized apps to utilize this user's data to build and / or improve their services.
What is Essentia?
Essentia is essentially a decentralized Modular Framework-cum-Operating system. The basic framework basically has 3 core components: ESS-ID, ESS-HOME, and ESS-OS. ESS-ID is a Hierarchical Deterministic (HD) wallet produced by humans or machines to anonymously interact with blockchain. Because it is controlled via a dedicated hardware key, there is a higher level of security. ESS-ID facilitates ownership and exclusive control by users and connects to their 'ID and data. Furthermore, it also consists of a special infrastructure framework, configuration, and data. ESS-Home is a decentralized data environment that will operate within the operating system while the ESS-OS defines the operating system. Acting as a gateway and blockchain interface, 2 in this combination, a robust and reliable modular framework for running transactions, trade, development, mining, interaction etc. For example, with this combo, users will be able to store, restore, access and use, its data from any location. This framework can be used in Browser, Mobile Operating Systems (iOS, Android), on any desktop, server, or dedicated device.
It creates Essences - a complete, decentralized and operable container of complete digital life, with data and assets. It can be owned by individual, company or machine.
In Essences, users have their data, identity and communications. Third parties and dApps can easily access this data stream because pluggable prophecies and developers can build on the Essentia framework to create data management tools, identity solutions, data exchange, decentralized CRM and more.
What did he solve?
Essentia solves the most common problems in today's highly connected world. Information is more valuable than ever and can get high prices on the market. Essentia provides users with a framework that allows them to remain completely anonymous if they want and also gives them the ability to store data about their machines privately.
By using a secure framework such as Essentia, the user can ensure that the product is not utilized. They can filter out what entities are allowed to access data about them.
unique features of the Essentia framework are;
- Modular - Facilitate the integration of dapps, wallets, and services quickly and easily, fitted like gloves.
- Scalable - A high-performing framework that supports a large number of dapps, services and millions of users who interact with it.
- Full Data Ownership - Users control their own data and identity.
- Multi-Chain, Multi-device - Can work in various blockchain and agnostic devices.
- Single Seed - One entry point for accessing countless applications.
- KYC and GDPR Compliant - Great emphasis on privacy and compliance with the legal framework.
Aspect
Private: Only major users, also known as "seeds" have full control over their data. Other computers, servers, or third party entities may access seed information without prior authorization.
Customizable: Essentia is very easy to customize for anyone who will mainly use it. Essentia can be used to protect machine and human identity. Each person or machine will have different requirements and need to customize the Essentia system to meet specific needs.
One Environment: The Essentia Environment provides a central hub that can be used to store various forms of identification, personal data, information about assets, and more. All this information is completely safe and decentralized.
By using Essentia, you can fully decentralize your personal data. Each user has full control over how they share their data.
Tokens and Sales Info
Original tokens are called ESS and ERC20 tokens to be used pay for services and features within the Essentia framework. ESS will be used to pay for storage and upgrades. Furthermore, tokens will also have utility functions such as enabling governance and reputation systems. Details of the ESS token crowd are given below;
Crowdsale Hard Cap: $ 32 million USD.
Payment Received: ETH
ETH: ESS ratio: 1 ETH to 8000 ESS
Geographical Limitations: YES (Investors from the United States and China are not accepted)
Date Crowdsale: TBA
Token Distribution
Team
The Essentia team comes with offices in Amsterdam (HQ), and Lviv, Ukraine. Key people include Mirco Mongiardino (Product Lead) and Matteo Gianpietro Zago (Project Lead).
If you have some questions with this project please visit some of the following links and start subscribing with us.
Website: https://essentia.one/
WhitePaper: https://essentia.one/whitepaper.pdf
Twitter: https://twitter.com/Essentia_one
Facebook: https://www.facebook.com/essentiaone/
Telegram: https://t.me/essentia_one
By Audrey
0x78b383c8944CE0CE0AF242E968080bcF1A72b7C8
Website: https://essentia.one/
WhitePaper: https://essentia.one/whitepaper.pdf
Twitter: https://twitter.com/Essentia_one
Facebook: https://www.facebook.com/essentiaone/
Telegram: https://t.me/essentia_one
By Audrey
0x78b383c8944CE0CE0AF242E968080bcF1A72b7C8
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