StopTheFakes is the first decentralized service in the world, whose purpose is to unite rights holders and consumers in the fight against product piracy.
Any company, as a legal owner, will have the opportunity to quickly detect (by creating an application for the search of offenses), localize (with the help of the user who finds and fixes) and document violations of their rights. And the user will be rewarded for help in the fight against infringement of intellectual property rights, copyright and related rights. The information is protected from changes and deletions with the help of blockchaine technology, the obligations of applicants and performers are guaranteed by smart contracts.
The project envisages the creation of the StoptheFakes.io system, which eliminates a multibillion-dollar counterfeit market. And since most of the transactions in the world are related to the sale of goods and services, we would like to provide an opportunity for small companies and private entrepreneurs to fight piracy, as large companies do.
In the project there are 2 stages: preliminary ICO and ICO-sale. Pre-ico commencement date: January 21, 2018 . Completion: February 21, 2018, also, at 9 am. The number of medals is available: 1 305 000. Currency accepted: ETH, BTC. Exchange rate of the token: 1 ETH = 2400 STFcoins. Bonuses: in the first two days: 40%, from 3 to 10th day 30%, from 11 to 30-day - 25%.
ICO sale begins on March 21, 2018 at 9 am Eastern time and ends on April 21, 2018, also at 9 am. The number of available tokens: 20 271 000. The currency and the exchange rate is the same. Bonuses on the first day will be 15%. From the 2nd to the 10th day - 10%, from 11 to the 20-th -5%.
To ensure the full operation of the service, tokens are created based on Ethereum. Smart contracts will protect the service from unauthorized access, fraud and other illegal interference. The project will have its STFCoin token, which will be the only way to pay. They will be bought by clients in order to reward them. The number of tokens is limited, and the principles of Blockchain technology guarantee protection against forgery. A total of 29,000,000 tokens will be issued. Repeated or additional issues are not planned. Exchange rate: 1 Ethereum = 520 STFCoins.
Distribution of issued tokens:
69, 9% (20 271 000 tokens) - on ICO trade;
4, 5% (1,305,000 tokens) - for preliminary ICO trading;
10% (290,0000 tokens) for the needs of the fund;
5, 6% (1624 000 tokens) - on bounty and other incentive programs;
5% (1450000 tokens) - for team pay (frozen for half a year);
5% (1450000 tokens) - to consultants and advisers (frozen for three months).
People who purchase goods daily, view photos and videos, and, also, play will be able to obtain a license at a lower price. So, the quality of the products will improve, as the trademarks will be easier to protect themselves from the illegal use of their products and smuggling.
In June 2016, the idea of the StopTheFakes project was born. In the spring of 2017, the team developed a token trade. The end of 2017 was marked by the development of the community, the involvement of experts, the dissemination of ideas. Currently, it is planned to launch a prototype mobile application. In the spring, trade will take place, and in September the number of users should reach 850,000.
You will learn all the detailed information, read the Technical Paper.
Project team: Mikhail Krzhanovsky - Chief Executive Officer.
On the idea of creating a project, he said:
"The counterfeit market is more than $ 461 billion in the hands of criminals. This money goes to financing criminal organizations, terrorism, drug ... Our system will make a significant impact on intruders. It will allow rights holders to sharply reduce the costs of fighting for their rights and increase legitimate profits. "
Social network of the project:
https://www.facebook.com/www.stopthefakes.io/
https://twitter.com/StopTheFakes_io
Author: Rggadi