With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, the IMPERIVM LTD, a promising developer of products and services built on blockchain technology has BRAIN SPACE.
Brain Space (brain-space.io) is an International multi-platform for talent promotion, IP protection and further popularization of cultural values authors in the modern market.
"While blockchain may allow for more transparent and dynamic pricing, such pricing mechanisms, based purely on market demand, may miss the subtleties of how creative works are also valued based upon their cultural, societal, or political value. This could lead to further commoditization of creative works. How blockchain can digitally ascribe these subtleties to creative works remains to be seen.
Blockchain holds enormous potential to break down barriers that could lead to more efficiency, greater accountability, lower costs and increased remuneration for artists. To reap these benefits, however, the technology will need to be developed responsibly within the right regulatory frameworks.
The need to fund centres of competency around blockchain technology that cut across agencies and functions, develop the talent to understand blockchain and encourage regulators to co-create the solutions using blockchain can not be overemphasized."
With that being said, the urgency of the existence and development of the project “Brain Space” is obvious: it is caused by the severity of the issues of determining the content of the concept «Intellectual Property» in the conditions of the development of modern information technologies and the formation of new approaches to marketing regulation of monetization based on the executed product, with further access to the world cultural arena and universal recognition the highest quality of execution.
But before we go any further, please check out this video presentation to get even more acquainted
What exactly is BRAINSPACE?
As depicted above and as indicated on the official whitepaper of Brain Space, Brain Space (brain-space.io) is an International multi-platform for talent promotion, IP protection and further popularization of cultural values authors in the modern market.
Brief History
The IMPERIVM LTD is a promising developer of products and services built on blockchain technology. IMPERIVM LTD develops and implements technologies that can affect the global market for talent and the use of blockchain technology from social spheres and individual solutions to integration into public resources and large business companies. All the developments are based on the principle of safety, speed and benefit. The experience of the specialists make it possible to guarantee the successful, simple, safe and profitable connection of any solution to the blockchain system.
Below are the main goals of Brain Space:
Optimization and automation of the process of protection of intellectual property rights;
Formation of the source for the possibility of the implementation of future ideas in the cultural direction;
Eradicating piracy;
Providing authors with opportunities for further development;
Ensuring interaction between authors and investors;
Increase the level of legal literacy of the authors.
The Impending Challenges
Low level of private authorial activity
Low level of interaction between business and entrepreneurs with intellectual property (lack of a quality direct “bridge” between the author and business)
Lack of a high-quality and uninterrupted ecosystem available to authors of the “initial link”, as well as the presence of an authority factor among authors and the possibility of excluding the term “turn”
Constant difficulties with tracing the violation of property rights on the object of the author.
The Solution Offered
Providing the author, who is in a sleep and home conditions mode, the possibility of full involvement in publication and popularization with access to an expert audience.
A platform that allows quickly, in a quality and understandable language to establish interaction between the author and the person interested in the usefulness of his work for himself, as well as allowing to ensure rapid organization of the team decision by combining the authors into one project.
Multifunctional platform with the possibility of the maximum rapid development of the author, as a holder of cultural value in the form of his work.
Own algorithm for recognizing duplication of an audiovisual and text object on the Internet, which will speed up the processing of data to identify copyright infringement, up to automatic notification of the author in the case of using his work.
On the Brain Space platform, intellectual property rights holders, investors and persons with legal education will have access to the following services for interaction:
Brain Deposit is a platform for online protection of intellectual property rights by transferring intellectual property objects for storage;
Brain Art is a platform that provides authors with the opportunity to promote their own creativity with the help of a number of tools;
Brain Market is a trading platform that allows authors to sell their intellectual property rights to investors for subsequent use for various purposes;
Brain Protect- a service that will allow authors to get advice from highly qualified specialists on intellectual property rights, as well as the possibility of their further application;
Brain Unity - a service that allows you to attract third-party artists or participants of the site for the implementation of a cultural project;
Brain Invest is a platform designed to attract investment by the authors for the subsequent implementation of large projects that require large expenditures;
Brain Star - a service designed to find producers;
Brain World is a service that provides investors with the opportunity to become part of the Brain Space project by opening a branch in their city and attracting talented authors and performers.
All this allows you to bring absolutely any author to a new level, allowing you to monetize his work, which also has a positive impact on the growth of the platform.
Brain Space is accustomed to sharply raise questions concerning the safety and speed of the technology of our projects and developments. That's why our company decided to build its own data center with a capacity of 2,500 KW, a total capacity of 5 Petabytes, a total of 200 server racks and a total capacity of 40 Gbit / s each.
Token Sale and ICO Details
Token designation: IMP
Total issued tokens: 100% = 2 700 000 000 IMP
Volume of tokens for ICO: 53% = 1 431 000 000 IMP
Private sale: 1 IMP = 0.01 USD
Pre-sale: 1 IMP = 0.03 USD
Token-sale: 1 IMP = 0.08 USD
Restrictions on sale
Private sale: 10% = 270 000 000 IMP
Pre-sale: 17% = 459 000 000 IMP
Token-sale: 26% = 702 000 000 IMP
Method of payment (currency): ETH, BTC
Soft cap: 14 526 000 USD
Hard cap: 72 630 000 USD
Private sale: 10/01/2018 – 10/21/2018
Pre-sale: 11/19/2018 –12/16/2018
Token sale: 01/14/2019 –03/10/2019
Distribution of tokens
17% - Pre-sale
26% - Token-sale
15% - Team
5% - Bounty + Bonus + Marketing
25% - Maintenance of the project platform
2% - Further involvement of users in the project
ROADMAP
MEET THE AMAZING TEAM
Till next time…
For more information, please visit:
Website: https://brain-space.io/
Whitepaper : https://brain-space.io/documents/white-paper-en.pdf
Twitter https://twitter.com/brain_space_
Telegram (Main group): https://t.me/brain_space_ico
Linkedin: https://www.linkedin.com/company/12609199
Facebook: https://facebook.com/groups/imperivmltd
Medium: https://medium.com/@imperivm
Reddit: https://www.reddit.com/user/ImperivmWorld
LinkedIn: https://www.linkedin.com/company/brain-space/
VK: https://vk.com/imperivmltd
Instagram: https://www.instagram.com/brain_space_/
Steemit: https://steemit.com/@imperivm.seo
Youtube: https://www.youtube.com/channel/UCw8BFkDnyQ0VTHZxLkVWkgQ
Github: https://github.com/IMPERIVM-TEAM
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
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