Relying on third party services for something as critical and personal as email, photos or videos is dangerous.
Companies can be hacked, bankruptcies can happen and users are left at the mercy of a few unkwnon power-brokers.
For the artists that make amazing videos, games, music and other copyrighted content, giving up a large percentage of your revenue can be very discouraging. Plus content creators usually become locked-in to those centralized platforms with the overhanging danger of arbitraty rule changes cutting their revenues.
Phantasma brings a decentralized content distribution system running on the blockchain, with strong emphasis on privacy and security.
The recent advent of smart contract blockchain networks like NEO and Ethereum opens a huge opportunity for a vast new array of innovative decentralized services and applications (dApps). The dominant paradigm of the ’Cloud’ (cloud computing, storage, services etc.) can now be seriously challenged - decentralized systems are becoming increasingly competitive by giving two main advantages: ability to aggregate an immense set of disparate small economic resources (thus gaining economies of scale), and the increased transparency and freedom from not being dependent on a trusted third party (i.e. Amazon’s AWS or Microsoft’s Azure).
This new computational and economic environment is however still in its infancy, and lacks a great many of the basic building blocks and infrastructure required for the full development and realization of decentralized applications, systems and services. One of the most needed components, is a service for customizable communication and data sharing between dApps.
To tackle these issues, we present Phantasma - a new generation of decentralized content sharing platform.
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Senior Technology Executive, ICO Advisor, CryptoCurrency Enthusiast, Investor Rated on Jun 7, 2018 Modified on Jun 7, 2018
4
4
4
22%
Team:
- Company is highly technically focused, CEO is a City of Zion developer
- Sergio does have some business development and financial experience which is good for managing the funds
- Some really good experienced advisor picks
Facets to explore:
- !! NO KYC for this company yet here on ICO Bench. Have contacted the CEO about this.
- Would like to see more professional experience in the management team in to run the business.
Product / Vision:
- Any Dapp enhancement protocol projects are needed to mature the market
- Like the adoption of existing decentralized storage mechanisms including a home grown option
- Like the choice to go with NEO; and makes sense that it may need a private chain in the future
- Good strategy to take high tps activities off chain
- Nice touch with vesting schedule recommendations with different vest classes
Facets to explore:
- There are a few components in here related to costs of decentralized networks that are painted a little "rosey", especially related to high bandwidth services like real time storage access or streaming video
- This is a little in the weeds but technically UDP comes with it’s own set of headaches, especially if you are talking about wifi connected devices. This is a nit and manageable.
Notice: I do not provide investment advice. Please see my profile for important disclosures.
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Proposal and design of Phantasma. Development of initial Proof of Concept.
2
Q4 2017
Submission of Proof of Concept to City Of Zion dApp contest, where it was one of the top 5 winners. Website launch and team formation.
3
Q1 2018
Initial draft of the white paper. Presentation of Phantasma at NEO devcon in SF. Continued development of the core protocol.
4
Q2 2018
Phantasma public token sale. Prototype of the first Phantasma dApp : secure email.
5
Q3 2018
Release of Phantasma SDK, which will let any third-party developers start building their own Phantasma based products, along with release of Oracle Nodes, as an example of SDK usage.
6
Q4 2018
Phantasma relay nodes will finished and released, allowing Phantasma apps to break free from the transaction speed limits of blockchain. The SDK will be upgraded to support the new feature and Phantasma Chat will be developed to showcase the Relay nodes.
A development competition will be held at this point.
Start of split of Phantasma from NEO network into its own blockchain, using the NEOX protocol for cross-chain interoperability.
Testnet will be released.
7
Q1 2019
Release of Phantasma Storage, as expansion of the Relay system. The SDK will be updated to support Storage.
Release of main net, native tokens to be issued according to NEP5 ownership. Porting of the SDK to support native blockchain. Storage nodes will start being rolled out to public, so that anyone can take part of the Phantasma network.
8
Q2 2019
Phantasma Digital Commerce will be released to showcase how to do more complex logic with the programmable blockchain gates.
9
Q3 2019
A service to discover Phantasma dApps will be created from point, forward, once the third-parties developer support has reached critical mass.
10
Q4 2019
Phantasma video streaming will be released to showcase how to do a dApp dealing with heavy data loads.
