Team ICO – TMC Intial Coin Offering Blockchain Contribution Graph?
About Team ICO
Team ICO is another one of the innovations that have peppered the blockchain community in 2017. Maybe history will look back at these times and say that these were the most exciting times in the blockchain ecosystem. Team ICO brings with it yet another way to use the blockchain for the benefit of the world.
Team ICO is a Blockchain Contribution Graph.
It is quite literally going to be a contribution graph of the world, distributed in the blockchain, thereby guaranteeing the authenticity and mutability of individual contributions to the industries and the world in general.
Who Puts The Team In Team ICO?
The founder of Team ICO is Francis Dierick, who is also the force behind the development and blockchain design. He has over 20 years of experience in the software industry and he has been a developer who has worked with the web, mobile, and the blockchain. He joined forces with Ycombinator when his latest development, Fitchat, was accepted to the Ycombinator Start-up School.
In fact, in a way Fitchat may be considered as the predecessor for TeamCoin, as the technology for it was initially developed for Fitchat.
Joining Francis in the Team is Vidar Andersen with extensive experience in the western start-up ecosystem. Vidar is the Advisor/Europe & Asia for Team ICO and it fits his profile as he is also the co-founder at the Plone Project.
Puja Abbassi is Advisor/China and also into blockchain development. He is a mentor at Chinaccelerator and a member of the Linux Foundation and the Cloud Native Computing Foundation.
The team certainly has the experience behind them to bring Team ICO to fruition and eventual success.
Who Contributed What, And Where?
This is essentially the problem that Team ICO is proposing to solve with their blockchain solution.
Your contributions to the world are going to be in the blockchain soon. Team ICO is set on building a “Universal Contribution-Graph” register, which is verified, distributed, and immutable. This universal contribution graph register will contain the projects and who contributed to them, along with what their contribution actually was.
This is somewhat like your resume which is kept, distributed, and verified online, with details of all the projects that you have been a part of.
When you hold the TMC Token, you can create contributors, projects, & roles in the platform. Based on votes, the authenticity of the contributors, roles, and projects are verified. Token holders can pay for the verification and also pay for the vote-based modifications.
As the supply of the TeamCoin gradually decreases, the utility of the blockchain will drive up the value of the cryptocurrency.
When the TeamCoin ICO has gone live, the ICO price is set at 1 ETH for 25 TMC. A steep valuation compared to some of the other recent ICOs set to go live.
Contributions That Stay
If you are a contributor to any project or start-up, the objective value of your contributions are accessible for any future prospect. Since you are objectively judged on what projects you have worked on, this distributed blockchain register will help keep your contributions safe in case of differences.
The Team ICO can also tell you the current status of a start-up. An inactive contributions graph of the start-up signifies that the start-up is dead.
Team ICO promises to help answer the question as to whether an advisor on the board had any significant roles to play in the start-ups.
When you are undecided on the fair splitting of the profits, the verified contributions graphs can come in handy for start-ups as well as contributors.
Paying To Build Your Resume
Having a decentralized and immutable tracking method for all of your contributions to major projects and companies can be very beneficial to any working in a multitude of different industries. All that remains to be seen is whether the general population will accept and adopt Team ICO on a global scale.
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