ICO REVIEW: Vanta

Vanta - INFINITY Connect Decentralized Network for [Real-time] Connectivity.

Greetings Community, In this new post I will introduce about Vanta project, and for more details let's just go to the following discussion.

About

The VANTA Network is a decentralized and permissionless network that ensures real-time, secure and private connectivity. Through the VANTA Network, both individuals and corporations will be able to develop real-time data transmission services and commercialize those services at low costs. The VANTA Network will eventually aim to allow infinite connectivity among all devices regardless of location.
The VANTA Network’s aim is to allow individuals to create decentralized networks that perform real-time data transmissions as well as process and store that data by selecting intelligent peers, collaborating, and evaluating each other using the VANTA Network protocol and the consensus algorithm.

Benefit

For developersDevelop and operate a real-time communication service that is scalable, reliable, and highly secure at low cost.

For usersUse various high-quality services free or almost free of charge without worrying about privacy.

For organizationsBuild a blockchain-based telecommunication network between different organizations.

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Use Cases

VANTA is a blockchain project dedicated to connecting with real businesses to grow our ecosystem.

CommunicationsReal-time collaboration services, delivery/shopping/car sharing/reservation related platform services that require communication between users, customer service within shopping or reservation services, and social dating services.

StreamingLive video streaming services will include online courses, user-generated video content, sports & game broadcasts and more while VOD streaming services include movies, entertainment, and music.

GamesOnline game interaction data will be transmitted through VANTA, which will provide real-time data processing, a necessity for game developers. Tradable items with monetary value will be tracked by VANTA’s blockchain.

Internet of ThingsSome IoT sensors and hubs require thousands to tens of thousands of data per second. These IoT sensors and hubs can use VANTA to process traffic data, factory operation data, personalized medical and welfare data, connected car data, smart home data etc.

Telecommunication InfraVANTA provides private blockchain solutions to enterprises, public institutions, and hospitals looking to set up telecommunications infrastructure. A blockchain-based telecommunications infrastructure is cost-effective and easier to use.

The Intelligent Network Platform

VANTA’s intelligent network is a decentralized network that performs real-time transmission, processing, and storage of data. It is comprised of intelligent nodes that select, collaborate, and evaluate each other. All the nodes in the network participate in real-time communication work competition based on their computing power, network bandwidth, memory, reliability and contribution. And the nodes that have successfully proved their work can participate in block generation. This process gradually evolves the scalability, reliability and efficiency of the network.

Network Framework

The VANTA Networking Framework is a low-level, non-blockchain, networking framework that delivers the networking performance for real-time communication while securing data against malicious attacks. Built on the PGP encryption standard and inspired by Namecoin’s decentralized namespaces model, this framework provides a rock-solid foundation for VANTA applications. Additionally, authentication and communication channel algorithms based on zero-knowledge proof enables secure data syncing and integration across multiple devices.

VANTA Architecture

VANTA designed an architecture optimized for real-time data. It creates its own platform ecosystem and can be applied as a module to other platforms. Therefore, a wide range of service developers and users will participate, and various services with real-time connectivity will be developed.

Token info

Token - VNT
Price - 1 VNT = 0.00088 USD
MVP/Prototype - Available
Platform - Ethereum
Accepting - BTC, ETH
Hard cap - 15,000,000 USD
Country - Hong Kong
Whitelist/KYC - KYC

Roadmap
According to the roadmap, testnet VANTA is planned to be released in Q2 2019 and mainnet is scheduled for Q3 2019.
VANTA plans to conduct an Initial Exchange Offering (IEO) and not a common Initial Coin Offering (ICO).
The current IEO date is TBA.