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ReapChain

ICO has 3 days left
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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.
7.5
TOTAL SCORE
8.1
ICO PROFILE

(weight: 45%)

6
SOCIAL ACTIVITY

(weight: 35%)

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
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
ReapMiddleChain MVP (Ver.0.8) Verification Test
Whitepaper Ver.0.8 release
Seed Sale
Q2 2020
ReapChain Alpha (Ver.1.0) Development and verification test
ReapMiddleChain Alpha (Ver.1.0) development and verification test
Reap Platform & Reap SDK Alpha (Ver.1.0) launching and verification test
ReapChain Token Sale-1st Private Sale
ReapChain Token Sale-2nd Private Sale
Q3 2020
Whitepaper Ver.1.0 release
Alpha Integration Test
ReapChain Beta (Ver.2.0) development and verification test
ReapMiddleChain Beta(Ver.2.0) development and verification test
Reap Platform & SDK Beta (Ver.2.0) launching and verification test
Reap Wallet (ver1.0) Open
Pre-Sale and exchange listing
Token Generation (TGE) and Distribution
MCU based PID of thing development
MOU with ITM, Taiwan MCU developing Company
Q4 2020
Whitepaper Ver.2.0 release
Beta Integration Test
ReapChain BaaS based service infrastructure construction
Micro service based Reap Platform service infrastructure construction
Secure BM to spread Reap Platform - MOU with IoT device company
Secure BM to spread Reap Platform - MOU with IoT platform service company
Q1 2021
Commercialization service environment establishment and operation stabilization
Q2 2021
Service infrastructure scalability construction
Q3 2021
Mainnet official open
Last screenshot taken on 9 Aug 2020
ReapChain ICO
Screenshots taken on 8 Aug 2020
WOOJUNG KIM
CEO
Takes part in this project only
JAKE LEE
co-CEO
Takes part in this project only
KHAN KIM
CSO
Takes part in this project only
MASON SON
CRDO
Takes part in this project only
SUNGJIN KIM
CTO
Takes part in this project only
KEI KIM
CMO
Takes part in this project only
SUHO KWON
PM [ReapChain]
Participates in several projects
DANIEL KWON
PL, Blockchain Engineer
Takes part in this project only
HURST CHOI
PL, Blockchain Engineer
Takes part in this project only
YONGHWAN HEO
PL, Blockchain Engineer
Takes part in this project only
JANGGWAN JO
PL, Blockchain Engineer
Takes part in this project only
SEOKBAE PARK
Blockchain Engineer
Takes part in this project only
AIDEN KIM
Blockchain Engineer
Takes part in this project only
JAEHYUK KWON
Blockchain Engineer
Takes part in this project only

Advisors (8)

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