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      "author": "captinevil",
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      "title": "Fortknoxter...Encrypted Messaging",
      "body": "Fortknoxter is an upcoming ICO centered around encrypted messaging. They call themselves Telegram on steroids,  and while I do like Telegram, this platform has more capabilities. On the Fortknoxter platform private communication can take place through inbox, text chat, calls/video chat and file sharing with encryption on both ends so that nobody can snoop in on private conversations. Its about time.\n\nFortknoxter encryption can be applied to a number of devices including phones, tablets, laptops and desktops. There is a demo version of their product available here   https://demo.fortknoxster.com/register for you to play around with. \n\nThe question I ask myself when looking into new projects is \"do I need a crypto currency to do that?\" In the case of Fortknoxter there is a clear reason why they would need to tokenize their business. Holding all the encrypted data is going to require a massive amount of storage space, and the more the user base grows the more space will be required. Fortknoxter solves their data storage problem by paying those with extra computing power to hold encrypted information. This aspect of the plan looks to be (in my unprofessional opinion) a win/win. The files are held in a number of nodes, with multiple backups of data, which keeps access available in the case that a node goes offline and spreads the data out so that its not being held in a central location minimizing the risk of attack. It appears to me that the Fortknoxter platform is well thought out and solves potential problems before they arise.\n\nInitially sign up to the Fortknoxter platform will be free and FKX tokens would be spent for expansion of services, meaning there would be costs payable in FKX tokens for increasing storage space. Additionally Fortknoxter has incentives for users to earn tokens for helping to grow the platform. There are both referral rewards and loyalty bonuses. \n\nThe team has an IOS dev (Aram Ispiryan), Android dev (Armen Sisakyan) and the CEO (Rasmus Birger Christiansen) has years of experience in the telecommunications industry as well as being a privacy advocate. The feeling that I get when looking through their materials is that the team cares about individual privacy.  Fortknoxter has a  complicated plan as far as generating keys and encrypting data goes. I'm not going to go through the specifics because the white paper spells it out clearly and anyone interested in the project should be reading through the white paper for themselves.\n\nIn conclusion, my post reflects my honest thoughts on Fortknoxter and I intend to apply for a bounty on this post. I encourage you to read through their materials and form your own opinion as what you're reading here is my opinion and not financial advice.\n\nWhite paper https://fortknoxster.com/FortKnoxster%20Whitepaper.pdf\nWebsite https://fortknoxster.com/\n\n![ip.bitcointalk.jpg](https://steemitimages.com/DQmS5FW18PgxEBsCGEiZ1JGubrxnarSMPsAUEUC9EH6bSi2/ip.bitcointalk.jpg)",
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      "permlink": "transcodium-ico-bringing-an-existing-business-from-the-cloud-to-the-blockchain",
      "title": "Transcodium ICO, Bringing an Existing Business from the Cloud to the Blockchain",
      "body": "Transcodium is an ICO that caught my attention because of its existing business and practical application. \n\nWhile I plan to apply for a bounty on this post I feel that it is important to give my honest unprofessional opinions on the project. The first thing I came to understand when looking into Transcodium is that they have an existing business (Medianap) which failed. I do like the project and I'm going to get into potential good points further down, however I think its important to be clear about the business history. Failure is part of life and learning from past problems can add valuable experience to future endeavors. The team seems to think they can correct the problems which led their business to failure using blockchain technology. Originally the cloud was used, which was more expensive and an overall drain on resources. Transcodium seems to think that using a blockchain as opposed to cloud technology would be more efficient, cost effective, and eliminate down time. \n\nSo what exactly is Transcodium?\n\nTranscodium is a decentralized media file transcoding and editing platform.  The token use case allows those with idle devices to rent out computing power (in exchange for tokens) and those who have need to rent that power will pay in tokens. The workers (rented out idle computing power) would receive small chunks of a file, which is broken down by Transcodium algorithms, and convert the file into other more compatible formats. Idle workers with more computing power and better internet connections would gain a master node status for doing more work. Before work would commence an estimate cost will be provided to potential customers. I like the idea of estimates so that customers wont be surprised by the cost.\n\nIn the Transcodium road map is the wallet plan. The wallet is said to include a feature which would connect to exchanges, making token conversion easy for workers. I thought this was a nice add on. The Transcodium token (TNS) is an ERC20 standard token.\n\nThe teams existing business is a double edged sword as far as potential goes. There is always the chance for failure in any ICO or TGE. I hope Transcodium has learned from past failures, and although their white paper makes the case that they have solved their problems at this point its just theory.  Personally I like the idea of being able to use the platform to generate some extra income by using the computing power of my old devices, so I want to see the project become successful.\n\nListed below are links for you to look through in order to form your own opinion and do your own due diligence.\n\nWhite Paper https://transcodium.com/files/whitepaper.pdf\nWebsite  https://transcodium.com/?lang=en",
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      "title": "IUNGO, Decentralized WiFi ICO...",
      "body": "In recent days, with the repeal of net neutrality, some of us in the crypto community have come to be concerned with the future of the industry.  I had a feeling there would be some sort of \"Internet Provider related ICO\" projects coming out, and IUNGO was ahead of the curve (having started their project before the repeal of net neutrality).\n\nThe IUNGO network is intended to rely on existing internet structure as an overlying platform complete with billing, user authentication and end user identification. Reading through their white paper I notice they make mention of bringing internet to remote regions such as rural Africa, which I imagine would be a costly and strenuous task seeing as there is limited infrastructure currently existing in such places. While in my unprofessional opinion, bringing internet access to remote regions is an admirable intention, I see that specific deployment being a drag on platform resources. I would like to make note that bringing internet to remote regions is only one area IUNGO plans to explore and they intend to deploy resources on other higher traffic/infrastructure ready areas.\n\nIUNGO has some good points as far as the ability for individuals and small businesses to earn extra income by providing their services to end users. Initially internet usage would be free for their \"basic\" plan, and IUNGO's token would be used to purchase premium services (VPNs and such). Honestly the main reason for my interest in the project is the potential for competition to existing internet service providers. Personally I would like to have as many options for an internet provider as possible and with the repeal of net neutrality I have some concerns as well as uncertainties.\n\nRičardas Bernotavičius is the CEO and cofounder of the project, here is his LinkedIn  for your research https://www.linkedin.com/in/ricardasb/\n\nEgle Tamosiunaite is listed as legal analyst, when I clicked the link to her LinkedIn it came up profile not found/not public.\n\nIUNGO is the type of project I would like to see more of. I encourage you to have a look for yourself, research the technicalities and form your own opinions of IUNGO. While I plan to apply for a bounty on this post, the statements I've made are my personal opinion and not financial advice. Personally I would like to see IUNGO become a successful project, because I can see a clear and beneficial use case, but there is no guarantee of success.\n\nIUNGO website  https://iungo.network/\n\nWhite Paper https://iungo.network/docs/iungo-network-whitepaper.pdf![ip.bitcointalk.png](https://steemitimages.com/DQmd6yjPp6aUfvbG7RHTok6gu7AXEuG3uFWtFBkEUAkVar3/ip.bitcointalk.png)",
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