A digital asset, in essence, is anything that exists in a binary format and comes with the right to use. Data that do not possess that right are not considered assets. Digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances such as: personal computers, laptops, portable media players, tablets, storage devices, telecommunication devices, and any and all apparatuses which are, or will be in existence once technology progresses to accommodate for the conception of new modalities which would be able to carry digital assets; notwithstanding the proprietorship of the physical device onto which the digital asset is located.
Types of digital assets include, but are not exclusive to: photography, logos, illustrations, animations, audiovisual media, presentations, spreadsheets, word documents, electronic mails, and a multitude of other digital formats and their respective metadata. The number of different types of digital assets is exponentially increasing due to the rising number of devices that are a conduit for digital media, e.g., smartphones. Due to this steadfast growth of software applications and immense diversity of user touchpoints covering a wide span of devices, our view of the total digital assets universe is growing. In Intel's presentation at the company’s "Intel Developer Forum 2013” they named several new types of digital assets including: medical, education, voting, friendships, conversations and reputation amongst others. In 2015, Forbes and other sources characterized bitcoin as a digital asset.
IDA Digital helping individuals and companies to digitize real-world assets, using advanced blockchain technology to improve transaction efficiency and systemic trust in ecosystems through strengthening ownership rights, tracking resources, and recording transactions. The main advantage of digitizing assets on the blockchain, compared to traditional centralized systems, is that all transactions related to assets are tracked on a perpetual ledger independent of the issuer. A significant advantage of the shift from circulating digital assets to a centralized system to a socially distributed transactional model, is that each channel of resources can create its own hub for circulating assets.
IDA is expanding this market to other BRI regions throughout Southeast Asia, the Middle East, Europe and Africa. This platform will also support the expansion of the ecosystem of assets in various categories of assets and industries that are unlimited including natural resources, smart cities, health supplements, technology, international trade, and more. IDA Token IDA Token will be used as a unit of exchange between participants in the IDA ecosystem. The purpose of introducing IDA Token is to provide a safe and convenient way of payment and settlement between participants who interact in the ecosystem of the IDA Ecosystem. While the MRT is a digital representation of real assets and equity shares in the IDA Ecosystem. However, to really allow circulation
The asset digitisation platform of IDA is a global marketplace helping asset holders and investors to use tokenisation to convert and exchange digitised resources over the blockchain.
- Asset holders can create and offer their own secondary tokens, thereby adding value to assets.
- Consumers in the ecosystem can exchange asset tokens to transact across asset categories.
- Ecosystem participants can potentially receive incentives through participating in transactions.
Two-tiered Asset Structure
While transactions in the IDA Ecosystem are of digital assets, they are a digitised representation of real world assets or equity stakes (as represented by secondary MRT tokens). That is to say a real asset or equity stake is transacted in a digitised form.
This requires first creating a unique digital representation for each asset and equity stake. In practice, assets and equity stakes each have different attributes, posing a challenge for instituting a unified and standardised digital representation. Thisrepresentation will only become more challenging as the volume and variety of assets in the ecosystem grows.
- For IDA to support seamless low-cost transactions across the platform, each digitised asset needs to be shared in a compatible format accepted by all parties. IDA has introduced a two-tiered asset structure to offer two forms of tokens:
- One is a Material Resource Token (MRT) that third parties can issue for any authorised real asset or equity stake following review and approval. MRTs are anchored to real assets or equities
- The other is the IDAToken, which prompts the growth of the ecosystem and is used as the common base currency for circulation across the platform.
IDA tokens will be used in the following ways:
- To provide a technology base and support for MRT
- As a technology solution and payment mechanism for issuing secondary MRT representing real assets and equity shares.
- As a payment for account transfer fees in the MRT market
- As payments for IP protection and other service fees in the IDA ecosystem.
- Computational resources are needed to execute transactions / maintain blockchain operations from distributed ledgers, so that this service / resource provider will require payment for consumption of these resources (i.e. "mining" on the IDA Ecosystem), and the IDA Token will be used as an exchange unit to measure and pay for the costs of computing resources consumed.
- IDA tokens will be an integral and inseparable part of the IDA Ecosystem, because without an IDA Token, there will be no incentive for users to issue resources to participate in activities or provide services for the benefit of the entire ecosystem.
ICO Token Details :
IDA Platform: ETHereum
Type: ERC20
The first token round will issue 2.6% of the specified volume, or 0.26 billion IDA Tokens to collect $ 6,148 million dollars equivalent to MAN / BTC / ETH. The main participants in the first round will be the initial contributors and private buyers. The results will be used for developer fees, R & D to increase IoT asset tracking and cross-chain technology, developing foreign markets, community incentives, administrative staff, legal advice and discretionary spending. The total supply of IDA Tokens will be 10 billion, without additional expansion.
The first round will issue 1,596 IDA Token billons, to be purchased with MAN / ETH / BTC. The main users are as follows:
Initial contribution: a total of 3.96%, locked for 360 days, a total of 396 million IDA Tokens. Private buyers: a total of 12%, a total of 1.2 billion IDA tokens. IDA Foundation
Token Allocation
Roadmap
2018 June
Laos wood assets enter the ecosystem IDA
IDA and MATRIX begin joint development of IDA digitizing asset
block Sigfox provides IDA with global IoT technology solutions
2018 July
IDA White Paper 1.5 released in Chinese, English and Korean
Start building global community
2018 August
Roadshow global
Sales of complete tokens to establish Foundation
2018 September
Anticipation of expansion of global asset holders
Complete initial asset guarantee
2018 October
Build basecamp for
2018 Southeast Asian Timber November
Develop public chain IDA
Infrastructure Internet of Things
2018 December
Portal online entrepreneurs IDA
2019 January
Launch of research projects blockchain IDA
2019 February
Launch project digital media IDA
2019 March
Complete blockchain public IDA
Asset wood Laos in blockchain
2019 April
Completion of platform IDA
2019 May
Development System VR / AR
2019 June
Waking market MRT
Establish Herbal Asia east
release a digital wallet chain cross
2019 July
Anticipation circulation of digital assets associated with MRT enter the ecosystem IDA
Anticipation 1-2 scarce resource projects that enter the ecosystem IDA
2019 August
Improving the system of VR / AR
2019 September
Anticipating MRT-bound high-value digital company shares entering the IDA ecosystem
New Economic Assets Forum
2019 October
Anticipation to expand the system for commercial assets associated with the MRT to include real goods, liquid assets and equity.
2019 November
The global expansion of the IDA Team's IDA digital asset ecosystem
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For More Information :
|| WEBSITE || WHITEPAPER || ANN || TELEGRAM || FACEBOOK || TWITTER || GITHUB || LINKEDIN || YOUTUBE ||
AUTHOR : Letty sits
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247
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