
Published at Tue, 15 Jan 2019 15:08:05 +0000
Capitalizations Index – B ∞/21M

Published at Tue, 15 Jan 2019 15:08:05 +0000
The main ICO of , a platform to discover, share and gain ideas and knowledge, is successfully underway since it started on December 8, 2017. Qurito, aiming to sell 250 Million Quro Tokens in its , is on the way of revolutionize the way people learn and share things.
The Background
The Qurito platform is designed with the intention of providing authentic and meaningful content to the users. The great part is that all of it is advertisement free and doesn’t incorporate unwanted content. This leads to users exploring and growing in a way that is both time and energy efficient.
How Qurito is different
There are a number of existing knowledgeable platforms; however, Qurito differentiates itself via its incentive program. The state-of-the-art rewarding system of the platform rewards users for their respective contributions over the platform. This strategy leads to the generation of more qualitative and quantitative content for the users.
The Problems Qurito addresses
The existing platforms don’t provide high-quality content shared by users in the form of Q/A, Forums, Polls and other means. There is a poor structure, making it difficult for the users to index and search for their required information faster. Above all, the biggest problem that these platform overlook is the reliability of the information, which is low due to absence of any incentive given against genuine, quality, and timely feedback.
The Core Elements
Qurito is the first, blockchain based, decentralized, globalized platform that rewards knowledgeable, curious and passionate people for their intelligence and knowledge. Users are rewarded with Quro Tokens upon answering questions, taking polls, participating in surveys, discussing in forums and teaching. The platform experiences an increasing volume of qualitative content. There is a strong element of reliability since users are given a unique rating on the basis of their profile and how strong it is in terms of contribution.
The Latest Technology
Qurito is being designed taking into an account all technicalities and critical factors like Design (UI & UX), Programming a strong backend engine, and Hosting the content on a reliable and popular platform. Latest and smart technologies like Artificial Intelligence and Machine Learning are to be integrated within the system. In addition, SEO will help in ensuring maximum content outreach. Maintaining an easily indexable content, leveraging on the latest technology enables a great user experience overall.
Get the Quro Tokens
Qurito will be run via Quro Tokens, being offered in the Main Sale. Quro Tokens are deposited into the main wallet. The derivation of Qurito token ensures security, scalability, and stability, which also encourages currency liquidity. Users can earn Quro either via User Activity (Q/A, Forums, Polls) and Web Analytics (Search Engine Traffic and Social Media).
To know more about the platform and participate in its on-going ICO, please visit
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Companies are rushing to try and make peer to peer, blockchain based value transfer quicker and simpler right now and this company thinks it’s been able to do just that.
bitcoin just and interest in the space has never been higher. Companies of all shapes and sizes are popping up, looking to take advantage of the rush to develop and establish the blockchain-centric infrastructure that’s going to serve as the foundation for technological advance for many years to come and many of these are conducting ICOs to try and pick up funding. The ICO space, however, and likely as a direct result of the above statement, is pretty crowded right now and a company that wants to stand out and – in turn – to attract investor capital through an initial offering has to serve up something unique. Reports have that a company called SonoCoin is about to launch its efforts to do just that and, at a glance, the company looks as though it certainly checks the ‘unique offering’ box.
SonoCoin has developed a blockchain based peer-to-peer value transfer system that uses a digitally encrypted audio file as its transfer token. In contrast to bitcoin, which uses a Proof-of-Work (PoW) protocol, SonoCoin uses a Proof-of-Stake (PoS) protocol to verify transactions and, again unlike bitcoin, the exchange token can be sent via any means through which a standard data/audio file can be sent – email, messenger application, etc.
The company has developed an algorithm that takes a transaction hash, a secret key and the index (which is defined as the number of outputs when the coin was formed) and converts it into a .wav file.
This file can then be sent from one device to another (basically, so long as the devices have a microphone and a speaker that can emit, recognize and interpret sound, which pretty much all mobile devices do right now) and, on receipt, an application (which is already available for some devices) specifically designed to interpret these SonoCoin sound files will record and register the transaction.
The company is currently conducting a presale of its tokens and intends to move into the second phase of this presale on December 14, at the end of next week. During phase one and phase two (phase one has been active since this time last week), a total of 30 million coins will be issued. Subsequent to the presale, 40 million coins will be issued as part of the full ICO.
How successful the ICO will be remains to be seen but the assumption is that, post-completion, SonoCoin will look to pick up a listing for its coins on the major exchanges in the space – Bittrex, Poloniex, etc. and it’s at that point that we’ll really get an idea of the market appetite for this sort of alternative-format type value transfer.
for anyone looking to get a better idea of how SonoCoin works.
What do you think of this sort of application of blockchain technology? Will the ability to transfer value via sound files aid mainstream adoption of algorithm-based peer-to-peer transactions? Let us know in the comments section below!
Image courtesy of via Flickr
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