|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||July 2, 2019|
|End||October 2, 2019|
ICO description, Technical Details and Documents
The internet is something that we all use every day, without even thinking about it. It grew to become a part of our lives and an always-available tool. Indeed, for a lot of people, it is difficult to imagine living without it. Those who still remember what it was like appreciate it even more.
But, it is important to remember that the internet did not just appear as it is today. It evolved throughout several decades, and while its evolution came most strongly in recent years, the true changes lie underneath the surface. The very structure of the internet remains its most important part, and it is still living and evolving.
Many believe that this structure can somehow be strengthened further with new technologies, such as blockchain. There are even some projects that are working on it, on bringing true decentralization back online. One such project is NOIA Network, which calls itself the 'First programmable internet backbone-as-a-service.'
In order to understand what NOIA Network wants to achieve, we must first understand what CDN is. CDN stands for Content Delivery Network, and most websites use it these days. You may have heard about some of them, including Amazon Cloudfront, Cloudflare MaxCDN, and alike. Each of these services allows websites to be available quickly all around the world, even if there are no servers on which the website is hosted nearby.
Now, NOIA aims to become a similar thing, only a fully decentralized version of it. It uses Segment Routing, IPv6, and DLT to create a world-wide SDN (Software Defined Network) on the public internet
The project's goal is programmable internet that would allow individual infrastructure providers, data centers, as well as ISPs to connect to DLT and sell infrastructure as internet transit. Meanwhile, segment routing allows programming of the data that is sent via the internet to use previously defined routes. This would resolve issues such as internet scalability, BGP security, or internet reliability. Of course, NOIA will first need a token, which is why it plans to hold a token sale at some point in the future.
For the time being, it is unknown when NOIA Network plans to hold its token sale. The sale was announced quite a while ago — it has been more than a year since the ICO was published by ICO-tracking websites. However, the ICO has yet to see the life of the day.
Even so, there are a few bits of information that are known. For example, we know that the token's ticker will be NOIA and that this is a utility token, developed on Ethereum's network. The project already offers a working MVP, and while the token's price is unknown, we do know that investors will be able to obtain it in exchange for Ethereum (ETH) coins.
Finally, it is known that the project was registered in Gibraltar and that it will have several restricted areas, including, China, Japan, and the United States. The rest of the world is free to join the token sale as soon as they go through KYC and Whitelist procedures.
Author: Ali Raza for Crypto-Rating.com
* Crypto Rating accepts no liability for any errors in the Noia Network ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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