BIOMETRIDS

Februari 10, 2018

Biometrids is a platform for identication using facial recognition by mobile device. The Biometrids platform allows people to identify themselves to others using the face recognition built into their phones. By using an immutable distributed ledger, every person in the chain will be unique. One face means one ID, and every ID is unique. If you are recorded in the chain once, you will never be able to manipulate that ID again or copy the ID. This will prevent identity theft and scams, and will also ensure users are who they say they are.

Our platform will bring the identity into new dimensions. A decentralized ID will help people to be free, and make the world a more trusted place. A decentralized ID will keep you anonymous, But still guarantee that you are. What if you someday will need to identify your self, to use the internet? And people could give you bad votes, if you did scam people? How would that change the internet in the future? There are a lot of use cases for Biometrids. Read a lot more use cases in our whitepaper when its release between 15 and 20 nov.

Face recognition is quite complex. Here is a sneak peak into how we separate a face recognition system into 4 pieces to create a complete system.

We use machine learning to ensure facial recognition. Even though your appearance may change over time, your facial contours will always stay the same. If a company or user needs to identify you, they can send a request for your Biometrids wallet. A request will pop up on your screen and you simply scan your face. This will validate your corporate identity or user. We are building a platform that other blockchain projects can implement. This could be wallets, banks, companies, real estate partners, and more. If a wallet developer wants to use the system, they simply implement the API; afterwards, you can use your face to login to your wallet and you will be able to pay them directly. The day stores have implemented a lot of wallets, so it will be very simple to make payments. Simply scan your face and accept the payments requested. And off you go. The same process will be used for public services. If you get stopped by the police, then simply scan your face and they can read your driver’s license on their device. The list of opportunities goes on and on.

We got the solution to solve the Identity problem on the blockchain. Today we face a common blockchain problem, with the identity. KYC, that they are forced to by the government. Therefore we need a decentralized identity, that can help solve this problem.

PRE-ICO 25 nov. 5,000,000 coins available
ICO 16 dec. 70,000,000 coins available.

Name of the token will be IDS. There will be a total of 100,000,000 IDS.

5% will be sold in pre-ICO.
5% will be for bounties and advisors.
70% will be sold doing the crowdsale.
10% will be for team.
10% will be for foundation.

Pre-ICO will run for one week and the price will be 910 IDS / 1eth. The crowdsale will run for four weeks and prices will be:

Week 1: 665 IDS / 1eth
Week 2: 550 IDS / 1eth
Week 3: 500 IDS / 1eth
Week 4: 450 IDS / 1eth

Pre-Ico and crowdsale will run until end date, or until all coins are sold. The 10% for team and the 10% for foundation will be locked up for three years. Every unsold coin during the ICO will be locked for five years. After five years, they will be sold back to early investors in a private fundraising campaign. They will not be sold on exchanges.

Biometrids ICO Roadmap

2016
The initial idea took place then.

2017
Thorough discussion and accurate market study.

2018
Stage 1 one launched successfully. It was also getting adopted to exchanges.

2019
Beta version will be tested by the users.

2020
The full test is planned. Release date.

2021
Final release and community meet up.