The internet has become a great deal more sophisticated over the years, but this rapid development has brought many grievances alongside the progress. Information is money, for that reason millions of people have abused the amazing tools they were given to collect data from users, and then target users with malicious advertisements, without knowledge or consent, stripping them of any semblance of control. To rephrase the words of Dante Alighieri - 'abandon privacy, all ye who enter here'.
This is what it means to be online today.
For the longest time authorities and web experts have tried to solve the problem with privacy online, and the overall security of users. It is a constant cat and mouse game, where no one will succeed, unless the issue is eliminated at its root. Suddenly, an opportunity arose, to utilize blockchain to disrupt not only the advertisement industry, but the way people interact with the world wide web as a whole.
Enter Online.io, a decentralized ecosystem that aims to finally provide users with safe, convenient internet experience, and remove the websites' chronic dependence on advertisement. It is certainly ambitious, but the Online.io development team has got a solid plan to bring it to reality with the help of OIO (Online.io token). Below you can see what that plan entails.
Needless to say, that the core of the project is blockchain, as it removes any possibility for intervention from third parties into the ecosystem and enable unprecedented transparency.
So how does Online.io work?
First of all, when a website opts in to be a part of Online.io ecosystem, it receives a capability to mine ICE tokens depending on the traffic and activity of users on their site. This will eliminate the need for malicious ads, spyware and malware, that plague the web currently, and will reward websites fairly for the content they put out.
A new Proof-of-Online technology has been developed to facilitate that. This technology calculates the users' engagement, time spent on a particular site and collects weekly stats that are converted to ICE tokens.
The community of Online.io will be able to vote on Trust Rating, which will help to drive traffic to verified, safe websites and diminish the influence of websites that take advantage of their users. Thanks to this system even resources that are not in the Online.io ecosystem will be judged according to their merit.
Algorithms for these systems will evolve as the ecosystem grows, in accordance with the arising needs of Online.io community. The ICE tokens earned, will be used on the marketplace in exchange for goods or services, where the payment in fiat, ICE or other cryptocurrencies can be received.
The ecosystem will be available both on mobile and through browser extensions. An integrated cryptocurrency wallet, custom anti malware and ad-blocking software, a tracking script blocker, a built in Trust Rating system – all were brought together in Online.io to make the experience of the user as uninterrupted and safe as possible.
The token generation event will create OIO tokens that are used to help fund the development of Online.io, as well as a proof of stake of the ICE tokens. So the webmasters, who would like to benefit from the ecosystem, will need to hold a number of OIO tokens in order to be able to receive ICE.
If you would like more information about the token sale, the technology that is used to bring Online.io together, step-by-step roadmap of the development or any other aspect of the project, please check out the links below.
Online.io is the course correction that modern internet desperately needs. It is in a perfect place to change the lives of both casual users and webmasters for the better. The technology is crafted with expertise and precision, in a little time there is a very good chance that we will have one of the biggest game-changers in the industry on our hands.
What do you think about the lack of privacy on the internet? Have you been afflicted by malware? Are there any websites that function ad free that you know of? Tell me below.
Author's bitcointalk: OceanWind33
A very cool project, that is actually already very successful. Have my hopes up for this
Tired of using adblock that fails all the time
currently looking for some good icos, cannot believe I missed this gem, thanks
You just rose by 14.29% upvote from @getkarma courtesy of @vladmag21
I am still skeptical.. very hard to make many people use an ecosystem like that even if it is better. Never hurts to get some coins just in case I guess
good idea and the team seems pretty good as well judging by linkedin
gonna join the bounty