Prometheus (PRO) ICO review
Prometheus has created a fully functional MVP, which will be a base for our platform. It allows the user to connect to the database through a few clicks, select a table and column to transfer to a blockchain, select the type of blockchain (Prometheus, Ethereum, Cardano, Stellar...) and choose whether the action will be performed only once or repetitively. A reverse process can also be made to move data from the blockchain to the database. Users can transfer the desired part of their business to a blockchain. Prometheus wants to help with the implementation of blockchain technology. Developing a blockchain for a specific business can be very expansive and time-consuming. Every business will be able to affordably use blockchain technology for real-world use cases. We have 2 level protection for the ICO participants: 1st is if soft cap is not passed. 2nd is monitoring of the platform development via independent specialist. Participants will be returned ETH via smart contract.
What is Prometheus?
Prometheus platform enables the integration between the part of the business process and blockchain technology.
Prometheus has created a fully functional MVP that allows the user to connect to the database through a few clicks, select a table and column to transfer to a blockchain, select the type of blockchain (Prometheus, Ethereum, Cardano, Stellar...) and choose whether the action will be performed only once or repetitively. A reverse process can also be made to move data from the blockchain to the database.
Why is integration between business process and blockchain so important?
By moving data from the database to the blockchain, the data is no longer subject to change and manipulation. This solves the problem of trust within a business process or organization. For example, if the grades of the passed college exams were saved on the blockchain, these grades could no longer be manipulated. Supply chain example: if packing and shipping data is stored on a blockchain, the end customer knows when that product is packed and how it is transported.
Which problem Prometheus wants to solve?
Prometheus wants to contribute to the implementation of blockchain technology. Building blockchain is expensive and demanding for companies looking to intergrate their business with blockchain. Prometheus wants to create a platform that will allow any company to efficiently and conveniently transfer the part of its business to the blockchain and thus to improve its business operations and increase its competitiveness.
Protection of the ICO participants
Prometheus is absolutely transparent about the development of the future platform. With our product and our organizational capabilities, we are confident in the successful execution of the project. Because of this reason, we offer ICO participants absolute protection, something not yet seen in the ICO world:
If the soft cap of $530,000 is not passed, which is required to develop a future platform and successful business model after the ICO is completed, Ethereum will be automatically returned via a smart contract.
After passing the soft cap (hard cap is $11,000,000) Prometheus will propose several independent experts with authority in software development who will check that the development of the platform is in accordance with the roadmap. All ICO participants will vote for their favorite, while buyers of over $ 1,000 will be able to nominate their expert. If an expert determines that the development of the Prometheus platform is not going according to the roadmap in the forecasted period, all purchasers will be refunded the invested amount deducted by the proportional amount of $530,000.