Overview

Essentia is a masternoded multi-chained set of protocols connecting centralized and decentralized resources to create new powerful interactions and experiences.

Project stage

Prototype

Detailed description

Essentia is a modular framework that is bootstrapped from a Seed by deriving its extended keys in a hierarchical deterministic way and by associating to them their related “data” that are available encrypted on decentralized storage or on local copies/backups. Such data are associated to their corresponding labelled extended keys and are interpreted by the system, and by its components, as “registry entries,” configurations and content to be used when loading their related modules that compose the framework accordingly.

The Essentia Core at the base of the framework manages the cryptographic layers and executes the sign/ verify/ encrypt/ decrypt/ functions that are the base operands on which the whole framework is built. Data and their operations are managed in isolated memory-boxes that are separated from each other also in order that each extended key is responsible only for its associated module’s data and so, it can only execute operations with its pertinent data and memory-box.

The framework can be used for just loading and running a standalone module or a more complex setup. One or multiple instances of it can be preconfigured, automated and orchestrated in custom constellations, infrastructures or setups. Each time a Seed is loaded, a secure and trustable decentralized environment is bootstrapped accordingly to the datasets bound with it.

Problem

Machines are learning more about humans, and soon humans will be an instrument of machines, not viceversa. In such a quagmire where the users are left blind and without any compass, they are also exposed to a myriad of risks directly/indirectly connected to their interaction with the available technology and IT solutions.

Solution

With Essentia, the user can always have in his pocket this tool to interact with decentralized resources and, through them, with the traditional ones too, while maintaining the complete and exclusive control over his identity, digital life and personal data and therefore solve these problems.

Features

  • The full ownership and control over your own identity, digital life and personal data
  • Anonymous, pseudo-anonymous and real-world-compliant IDs and subIDs at your fingertips
  • The minimum piece of information that the user/machine needs is just his seed
  • The ability to keep everything decentralized, but under one ecosystem only
  • The ability to keep everything private related where desired, by seamlessly creating sub IDs when needed
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : ESS
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 42,000 ETH
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,755,313,373 ESS
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :702,125,349 ESS
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, Cuba, Iran, North Korea, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    Within 7 days of the end of the TGE

    Unsold tokens

    NA
      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Token Sale — Ended
      Start Soon
      End 28 Jun 14:00 UTC
      0.043 USD No - Uncapped 25,500,000 USD
      • Team

        • Matteo Gianpietro Zago photo
          Matteo Gianpietro Zago
          Project Lead
        • Mirco Mongiardino photo
          Mirco Mongiardino
          Product Lead
        • Vladimir Holubovych photo
          Vladimir Holubovych
          Operations Lead
        • Stefan Djokic photo
          Stefan Djokic
          Technical Team Lead
        • Alex Grek photo
          Alex Grek
          Senior Developer
        • Nikolay Hryshchenkov photo
          Nikolay Hryshchenkov
          Technical Team Lead
        • Dmytro Striletskyi photo
          Dmytro Striletskyi
          Technical Team Lead
        • Oleksandr Kozlov photo
          Oleksandr Kozlov
          Software Architect
        • Roman Loboda photo
          Roman Loboda
          Backend Developer
        • Alex Pikuta photo
          Alex Pikuta
          Frontend Developer
        • Anatoliy Kurotych photo
          Anatoliy Kurotych
          Backend Developer
        • Roman Boyko photo
          Roman Boyko
          Blockchain developer
        • Oksana Zaharchuk photo
          Oksana Zaharchuk
          Blockchain, JS, Nodejs developer
        • Ilya Korotya photo
          Ilya Korotya
          Frontend Developer
        • Sergey Zaharov photo
          Sergey Zaharov
          Backend Developer
        • Oleg Grygola photo
          Oleg Grygola
          UI/UX designer
        • Valentine Panasiuk photo
          Valentine Panasiuk
          UI/UX designer
        • Andriy Boiko photo
          Andriy Boiko
          UI/UX designer
        • Viktor Shyshko photo
          Viktor Shyshko
          UI/UX designer
        • Alexander Ruban photo
          Alexander Ruban
          Python Developer
        • Bedros Awanesian photo
          Bedros Awanesian
          Head of Business Development
        • Vlad Pushkar photo
          Vlad Pushkar
          Head of Marketing
        • Alexander Bezrodnii photo
          Alexander Bezrodnii
          CMO
        • Olga Trykush photo
          Olga Trykush
          Community Manager
        • Anna Kunytska photo
          Anna Kunytska
          Community Manager
        • Kateryna Ponurkevych photo
          Kateryna Ponurkevych
          Content Manager
        • Dmytro Horbach photo
          Dmytro Horbach
          Social Media Manager
        • Jung Hoon Han photo
          Jung Hoon Han
          Local Korean Manager
        • Jay Lee photo
          Jay Lee
          Country manager of South Korea
        • Ismail Malik photo
          Ismail Malik
          Icon Foundation
      • Advisors

        • Moe Levin
          Public Sector Advisor
        • Ran Neu-Ner
          CNBC Crypto Trader Show
        • Erik van der Staak
          European Commission Horizon2020/EASME Coach
        • Thomas Graham
          Harvard Law School (LLM)
        • Yann Marston
          Motorola Solutions

      Roadmap

      • Q1 2018
        • Community engagement bonuses
        • Ambassadors Campaigns
        • Meetups / conferences worldwide
        • Self-hosted regular meetup Ams
        • 1st Airdrop after the ICO ends
        • Publishing Essentia for Individuals
      • Q2 2018
        • 1st ESS Hackaton for projects to built on top of the Essentia Protocol
        • Development bounties
        • Security / bug reporting bounties
        • Meetups / conferences worldwide
        • Self-hosted regular meetup 2 cities
        • 2nd Airdrop ~1 month after 1st
        • Start of Essentia for Government solutions: MTK Government and others
        • Start developing Essentia for Enterprise solutions
      • Q3 2018
        • In-framework incentives
        • 2nd ESS Hackathon
        • Development bounties
        • Security / bug reporting bounties
        • Public beta-testing program start
        • Meetups / conferences worldwide
        • Self-hosted regular meetup 3 cities
        • 3rd Airdrop ~2.5 month after 2nd
      • Q4 2018
        • 1st ESS ideas contest
        • Use incentivization programs (ess)
        • 3rd ESS Hackathon
        • Development bounties
        • Security / bug reporting bounties
        • Meetups / conferences worldwide
        • Self-hosted regular meetup 3 cities
        • Launch of Essentia for Government solutions: MTK< Government and others
        • Launch of Essentia for Enterprise solutions
      • Q1-Q2 2019
        • ESSDEV zero (devs conference)
        • Follow up of previous programs
      • Q3-Q4 2019
        • 1st ESSCON + Hackathon
        • Follow up

      Activity