iOlite initial coin offering (ICO)

Anyone Can Write Smart Contracts



iOlite is an open-source, blockchain and machine learning platform, that will allow anyone to write smart contracts, using any language, natural or programming. The platform is developed with the purpose of bringing more mainstream users, commercial and non-commercial, to start using blockchain technology. iOlite tokens will be used to compensate contributors in the iOlite network that help with the machine-learning process: each text parsing suggestion that is accepted by the iOlite Fast Adaptation Engine (FAE), will be compensated with iLT tokens. In addition, authors will be able to share their smart contracts with other iOlite ecosystem members, for fees in iLT tokens.

3.5
7 7 expert ratings
3.2
2.9
3.5
2.5
View rating distribution
Starts in 1 year ago
2018-04-12 - 2018-05-01
Token
iLT
Bonus
Available
Price in ICO
1 iLT = 0.0221 USD
Accepting
ETH,
Soft cap
1,000,000 USD
Hard cap
12,500,000 USD
Raised
2226746
preICO start
Mar 20, 2018
preICO end
Apr 10, 2018
ICO start
Apr 12, 2018
ICO end
May 1, 2018
More on ICO
Report

About iOlite ICO

iOlite — Create Smart Contracts With Natural Language
iOlite is a product which focuses on the mass adoption of smart contract technology by providing an easy to use engine which is capable of understanding natural language to be compiled to smart contract code. iOlite is the ideal solution if you don’t want to spend time learning, instead just start creating smart contracts.
iOlite is based on the research done at Stanford University. They invented the FAE (Fast Adaptation Engine), which is capable of converting natural language or any other desired programming language into smart contract code. The FAE is not just straightaway translating your input to code. The FAE depends on contributors (smart contract experts) that are able to define structures containing language expressions. Furthermore, these structures are tied to smart contract code they write. This allows the engine to browse the structures to find the right expression so it can compile the desired smart contract. Whenever a structure is used, a contributor gets iOlite tokens rewarded.
iOlite relies on the community to make the FAE successful. The FAE helps them by applying Machine Training techniques to help it learn and adopt new structures more easily.
iOlite Labs is currently focusing on Ethereum smart contracts with Solidity as there is a massive need.
What this means is that not only can programmers (in formal languages such as Python, C, JavaScript, etc.) immediately use their existing skills to write smart contracts, but also average people with no programming knowledge whatsoever, can just as easily start developing with natural languages like English. iOlite is dissolving the existing technical learning boundaries for creating smart contracts.

iOlite reviews

Igor Karavaev
ico advisor and investor
Rated on Apr 27, 2018
3
3
3
9%
Purushotham Maralappa
ICO Adviser |Blockchain Community Manager | Business Analyst
Rated on Mar 7, 2018
5
4
3
7%
Ilya Anikin
Business strategy, investment deals, investor relations
Rated on Mar 12, 2018
3
3
3
16%

The problem of an accurate understanding of written speech is complex and has not yet been resolved qualitatively. Now it's just a balance of errors of the 1st and 2nd kind, when some of the errors are missed, and some text is recognized as an error, although there is no error there. This is acceptable for machine translation, but when it comes to payments, the price of the error can be very high, especially because the system will intentionally be attacked by those who know that it may make mistake and who will provoke these errors.

It can not be said that the approach was unique. Now there is, for example, ByteBall.org, inside of which you can write simple smart contracts directly in English.

This system can work, but this must be carefully treated with scrupulous attention to all risks and to the real needs of users. After reading the fantastically academic written whitepaper, I did not see this approach.

Oliver Isaacs
Blockchain Investor, Advisor, Influencer & Speaker
Rated on Mar 27, 2018
4
4
4
5%
Vladimir Nikitin
ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on Apr 22, 2018
4
5
3
9%
Douglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Apr 22, 2018
1
3
1
17%

KYC not complete
the whitepaper is far too technical for the average investor to understand.
cannot find evidence of any functional product.
I do not see any viable ROI to the investor.
I do not see this as a good investment.

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
38%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

iOlite ICO price

Price in ICO

1 iLT = 0.0221 USD

iOlite (iLT) crypto

iOlite coin

iOlite token
iLT
iOlite platform

iOlite (iLT) value

Tokens for sale
650000000

iOlite market cap

iOlite market capitalization
$ 2226746

iOlite investment info

Accepting
ETH,
Min. investment
0.1 ETH
Distributed in ICO
65%
Soft cap
1,000,000 USD
Hard cap
12,500,000 USD

iOlite whitepaper

iOlite team

Apply as an advisor

Stas Oskin

Advisor

Advisors

Sebastian Stupurac

Advisor

Advisors

Richard Kastelein

Advisor

Advisors

iOlite milestones

1
Blockchain 01-Jun-2018 (Expected)

WePower idea

2
Blockchain 05-Mar-2018 (Expected)

WePower idea

3
Blockchain 18-Apr-2018 (Expected)

WePower idea

4
Locomotor 20-Feb-2018

WePower idea

5
Locomotor 27-Feb-2018

WePower idea

6
Plugin 02-Sep-2018 (Expected)

WePower idea

7
Plugin 07-May-2018 (Expected)

WePower idea

8
Plugin 31-Dec-2018 (Expected)

WePower idea

9
TGE - Token Generation Event Lunch

WePower idea

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