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Omnitude Initiates Main Crowdsale Round for Blockchain eCommerce Portal

Published 03/31/2018, 07:28 AM
Updated 03/31/2018, 07:31 AM
 Omnitude Initiates Main Crowdsale Round for Blockchain eCommerce Portal

Omnitude, a provider of plug-and-play blockchain solutions for enterprise eCommerce platforms and a pioneer of a radical approach to the connectivity concept, is pleased to announce the start of its main token sale.

The project successfully completed the pre-sale round, raising the targeted 17% of the total amount in two weeks. This outstanding result was achieved despite dire market conditions and clearly demonstrate strong interest in the project.

Created by Omnitude as middleware, the platform provides e-commerce operators with a hassle-free solution that allows them to integrate blockchain technologies into their existing systems. It makes the integration process much easier, faster and cheaper, paving the way for blockchain technology mass adoption. The Omnitude platform converts blockchain from an abstract concept into a practical tool, offering online retailers cost-effective solutions for their most urgent problems, among them fraud, security breaches, and supply chain inefficiencies.

Those who choose to invest during the ICO will become part of the growing Omnitude community and benefit from the ongoing development of the project. The company aims to attract open source developers to build their own applications to enhance and promote the growth of the entire Omnitude ecosystem.

The ICO buyers will be protected against market volatility via the transparent and secure model of spreading token ownership across participants, with a daily cap of £50,000 per person. The crowdsale is being launched on a tested investment platform whose proven ICO security track record rests on the use of individual wallets for each participant rather than one smart contract address.

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The collective experience of the team leaders exceeds 70 years of working in business, technology, and eCommerce segments. Vladimir Kalynyak, founder of eCommerce platform CS-Cart, has joined the project to drive product development. Martin Brougham, a leading innovator in international supply chain, will become COO, Americas.

The advisory board of the project features well-respected specialists, including blockchain expert Sally Eaves, retail innovator Antony Welfare, and payment systems specialist Michael Donald.

Omnitude’s proof-of-concept development is supported by several customers and partners. Among them is CS-Cart, one of the world's leading multi-vendor eCommerce platforms, operating in over 160 countries with more than 35,000 retailers. The proof-of-concept with Swisscom will feature a single sign-on (SSO) Omnitude online profile across Omnitude-based eCommerce websites and a stock dataflow system to track real-time stock levels and automate replenishment across eCommerce websites via a live smart contract.

Chris Painter, founder and CEO of Omnitude, says:

"Omnitude is a radical concept in blockchain. The vision for Omnitude is much bigger than one single application. Not only do we add value through our easy to implement eCommerce middleware solutions, but we are pushing the mainstream adoption of blockchain technology by building an ecosystem. We will share our code, learnings, and resources to help kick-start other blockchain start-ups and app development projects, and we think this is an exciting space for developers too. This token sale is an opportunity to join us on an exciting journey, and be part of something big."

To participate in the token sale, visit their official website.

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This article appeared first on Cryptovest

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