ICO Review GLYFF Privacy for smart contracts and beyond

What is Glyff ?
Glyff is a decentralized internet platform delivering private asset transfers and programmable privacy for smart contracts.

How does it work ?
Adding elements from latest cryptographic breakthroughs to the Ethereum proven design, Glyff balances data privacy and transactional security with computational efficiency, ultimately delivering an easily programmable, high throughput smart contract settlement layer up to enterprise level while enforcing the core principles of the blockchain. Glyff, like Ethereum, allows development of decentralized applications, but with a key difference : the ability of concealing data from the computing nodes. This enables developers to include sensitive data in their smart-contracts, directly on-chain, without compromise on security

The problem
The blockchain is one of the most important recent inventions, enabling business and individuals to instantly send money and information over the internet, without the need for trusted third parties. However, current modelling completely forgoes privacy, with the entirety of data and amounts transacted between parties exposed to the public, whilst most real-world applications – health, financial, IoT, etc – require details of their operations to remain undisclosed and are not compatible with a public blockchain system.

Glyff solution
They are building a next-generation decentralized platform that enables secure value transfers and smart contract execution, in complete confidentiality and with strong correctness guarantees. Glyff, like Ethereum, allows development of decentralized applications, but with a key difference : the ability of concealing data from the computing nodes. This enables developers to include sensitive data in their smart-contracts, directly on-chain, without compromise on security.

Token Details
Token: GLY
Token Type: ERC20
Payment Method: Ether or Bitcoin.
Total sale goal: $5,000,000
Initial supply : 50.000.000 GLY
Base price: $0.16481 per token (subject to changes)
Pre-sale Phase

Start date : 20 December 2018
End date : 19 January 2019
Token price : 0.11 USD
Discount :25%
Tokens for sale : 6,500,000
ICO Phase

Start date : 20 February 2019
End date : 22 March 2019
Token price : 0.13 USD
Discount : None
Tokens for sale : 26,000,000
Distribution
Initial distribution: 50,000,000 GLY
TGE (including pre-sale): 32,500,000 GLY
Glyff reserve: 7,500,000 GLY
Team and early contributors: 5,000,000 GLY
Community and strategic partners: 5,000,000 GLY

Roadmap
Q2/3 2018
Research starts
Prototyping of MVP consensus node and wallet (Sprout)

Q3/4 2018
Consensus node and wallet (early release)
Private test-net launch

Q1/2 2019
Publication of the first whitepaper working draft (Sapling)
Token generation event
Development and code consolidation
Public test-net launch

Q2/3 2019
Programmable privacy
Security audit
Consensus node and wallet (stable release)

Q3/4 2019
Main-net launch
Developer toolchain and documentation
Mobile wallet (Android/iOS)

information:

Website : https://glyff.io/
Whitepaper : https://glyff.io/files/glyff-wp.pdf
Facebook : https://www.facebook.com/Glyff-353989662044849/
Twitter : https://twitter.com/Glyff_io
Medium : https://medium.com/@glyff_official

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