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ReapChain

ReapChain

ICO Ended
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Last screenshot taken on
9 Aug 2020 .
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ReapChain is a Blockchain as a service (Blockchain as a Service), and consists of Reap SDK for connecting and authenticating devices, ReapMiddleChain and ReapChain for data processing and storage, and Reap Platform for operating and managing all services.
ReapChain aims to establish a safe and transparent ecosystem of the blockchain industry for all the DApp (Decentralized Application) service providers by providing a usable blockchain.
In the IoT industry, issues regarding security, authentication, and safety have been solved by relying on intermediaries. However, this centralized method has several side effects in terms of cost, security and reliability.
ReapChain offers a new hybrid blockchain with a Shell-Core Structure. It solves the trilemma of existing blockchains “scalability, security, and decentralization” through a unique consensus algorithm and ReapMiddleChain and tries to implement the integration of blockchain and IoT industry by resolving the security and mass data processing problems of the existing IoT market.
In addition, ReapChain plans to improve existing IoT system by preventing data forgery and authenticating each device based on PID of things. Core competency of ReapChain’s technologies serves to establish ReapChain BaaS. And IoT specific platform with enhanced transparency and security is built utilizing ReapChain technologies to provide a secure and transparent blockchain ecosystem.
Platform
8.2
TOTAL SCORE
8.1
ICO PROFILE

(weight: 45%)

9
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Pre-sale Time: 15 May 2020 - 05 July 2020
ICO Time: 22 July 2020 - 30 Sept 2020
Country: Estonia
Token info
Ticker: REAP
Platform: Blockchain , Own Platform
Token Type: Utility
Available for sale: 1,470,000,000 REAP (30%)
Total supply: 4,900,000,000 REAP
Financial
ICO Price: 1 REAP = 0.03 USD
Accepting: ETH, USDT
Hard cap: 18,000,000 USD
Social media
Links: Bitcointalk
Facebook
Twitter
Telegram
Github
Medium
Youtube
Q1 2019
ReapChain Mainnet Planing and Design
Q2 2019
ReapChain Mainnet Planing (ver.1) development
Q3 2019
ReapMiddleChain (Ver.0.1) design and development
Q4 2019
Reap Platform & Reap SDK (Ver.0.1) design and development
Q1 2020
ReapChain MVP (Ver.0.8) Verification Test<br /> ReapMiddleChain MVP (Ver.0.8) Verification Test<br /> Whitepaper Ver.0.8 release<br /> Seed Sale<br />
Q2 2020
ReapChain Alpha (Ver.1.0) Development and verification test<br /> ReapMiddleChain Alpha (Ver.1.0) development and verification test<br /> Reap Platform & Reap SDK Alpha (Ver.1.0) launching and verification test<br /> ReapChain Token Sale-1st Private Sale<br /> ReapChain Token Sale-2nd Private Sale
Q3 2020
Whitepaper Ver.1.0 release<br /> Alpha Integration Test<br /> ReapChain Beta (Ver.2.0) development and verification test<br /> ReapMiddleChain Beta(Ver.2.0) development and verification test<br /> Reap Platform & SDK Beta (Ver.2.0) launching and verification test<br /> Reap Wallet (ver1.0) Open<br /> Pre-Sale and exchange listing<br /> Token Generation (TGE) and Distribution<br /> MCU based PID of thing development<br /> MOU with ITM, Taiwan MCU developing Company<br />
Q4 2020
Whitepaper Ver.2.0 release<br /> Beta Integration Test<br /> ReapChain BaaS based service infrastructure construction<br /> Micro service based Reap Platform service infrastructure construction<br /> Secure BM to spread Reap Platform - MOU with IoT device company<br /> Secure BM to spread Reap Platform - MOU with IoT platform service company<br />
Q1 2021
Commercialization service environment establishment and operation stabilization<br />
Q2 2021
Service infrastructure scalability construction
Q3 2021
Mainnet official open
Screenshots taken on 8 Aug 2020
WOOJUNG KIM
CEO
Participates in a number of projects
JAKE LEE
co-CEO
Participates in a number of projects
KHAN KIM
CSO
Participates in a number of projects
MASON SON
CRDO
Participates in a number of projects
SUNGJIN KIM
CTO
Participates in a number of projects
KEI KIM
CMO
Participates in a number of projects
SUHO KWON
PM [ReapChain]
Participates in a number of projects
DANIEL KWON
PL, Blockchain Engineer
Participates in a number of projects
HURST CHOI
PL, Blockchain Engineer
Participates in a number of projects
YONGHWAN HEO
PL, Blockchain Engineer
Participates in a number of projects
JANGGWAN JO
PL, Blockchain Engineer
Participates in a number of projects
SEOKBAE PARK
Blockchain Engineer
Participates in a number of projects
AIDEN KIM
Blockchain Engineer
Participates in a number of projects
JAEHYUK KWON
Blockchain Engineer
Participates in a number of projects

Advisors (8)

SEUNGHUN HAN
Participates in a number of projects
CHULHO LEE
Participates in a number of projects
TAEHONG KANG
Participates in a number of projects
HYUKJUN KWON
Participates in a number of projects
CHEOLHWAN KIM
Participates in a number of projects
HYUNWOO YI
Participates in a number of projects
DAVID LEE
Participates in a number of projects
JONGWON KIM
Participates in a number of projects
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