Last night there was a pre-sale of the Pillar Token which goes live this Sunday 15 July. I've been pretty skeptical of ICO's in the past but I felt that it was time to get my feet wet on this one.
There were many disgruntled buyers who missed the opportunity because they thought they would have more time, alas they were all gone in 30 minutes. The good news is that it was only the pre-sale, and you can still pick some up on 15 July at the main sale.
Its an exciting project to say the least. It will be a digital interface between you and the digital world. Instead of having multiple accounts, apps, login details and passwords, the Pillar Meta-Token will act as the bridge between all of these and you will only ever be using Pillars, though "underneath" there may be many different tokens that it natively handles for you. Atomic ID and decentralization of all your data means you own your data. It makes each individual a sovereign entity with regards to their data on the internet, and is not stored by a third party on their servers.
The personal assistant means that data and services come to you. What this means is that say you are planning a trip, flights, car rentals, hotel bookings etc. will all be handled by the personal assistant, bringing all that information to you via smart contracts which you then digitally sign. A visit to the doctor means no paper work, and the prescriptions are sent digitally so all you do is show up and collect your meds.
Your passports and identity documents will all exist as part of your digital identity existing on the blockchain, so no unnecessary lines to wait in. As opposed to you searching different websites for things you're looking for, the AI brings them to you from all over the web based on what you're looking for and your interests. You can monetize yourself by seeing only the content you want to see, and provide a platform for advertisers who share your interests to work through.
It really is a digital dashboard for your online life. Being open-source, it means everyone can get involved and innovate on the platform.
In my opinion its one to watch! It feels like the future. I think it is the future.
Thanks for reading.
No matter how good the project may or may not be, these ICOs have really gotta stop. The negative impact they are having on ETH is mental :/
I'm always posting the analysis from my crypto investments and whatnot, so I love discussing crypto. If you ever wanna chat hit me up over @jhcooper7
@jhcooper7 I hear you and I felt the same way. Ethereum is the platform on which these projects are built, so its going to effect ETH's price for sure, but it will be in waves. Money will flow in and flow out, and I would imagine overall ETH as the underlying platform will benefit from it. People who've done nicely out of speculation tend to go back to ETH or BTC to park their profits.
I am one of those disgruntled people who had everything in place but simply didn't see the email in time......I was 15 minutes late 🙄 you're right though this ICO is one everyone needs to keep their eyes on! Upvoted and followed
I feel you @wreckitralph81, at least there are still 500+ million available in the main sale on Saturday :)
I made it in this morning with my Ethereum how about you?
Thats awesome man :) Yeah i got in on the presale. Happy days
This post has received a 0.87 % upvote from @booster thanks to: @hattorihanzo.
I just lost over 350.00 investing in Pillar Token
https://steemit.com/steemit/@rogerwilson/lost-350-00-usd-on-pillar-token