ONEROOT Project brings together the tangible and intangible resources inside and outside the industry. In the process of optimizing and integrating resources, ONEROOT extends the idea of a shared economy and separates the right to use and the ownership of resources, and proposes the concept of a distributed business engine. With the help of blockchain technology, the co-builders can digitize the right to use resources, including software, hardware, manpower, etc., and establish transparent value exchange and cooperation rules, which greatly improve the resource utilization efficiency. In addition, participants have established a new cooperative relationship based on equal cooperation and common development, which has significant advantages compared with the traditional business model dominated by centralized entities.
Description of Token (Utility/Use Cases):
RNT is designed to have the following functions: 1. After the official launch of ROOTREX, RNT may be directly used to pay transactions fees for transactions on the decentralised exchange on the ICOROOT Platform. 2. RNT would be used on the ICOROOT Platform to pay for fees charged by prime contracts. These fees charged by prime contract transactions will be paid to the Foundation to promote development of the community and ecosystem. 3. RNT may also be used to purchase information / reports on token currency issuances. 4. Traffic providers on the ICOROOT Platform will be incentivised with RNT for trading in information and promoting ICOROOT Platform to users. 5. After the native public blockchain goes live, RNT will be the only currency which may be used as the medium of exchanges for products / services on the native public blockchain – it is envisaged that as the ecosystem on the ICOROOT Platform continues to grow, the frequency and scale of usage of RNT will continue to increase. To the extent a secondary market or exchange for trading RNT does develop, it would be run and operated wholly independently of the Foundation, the sale of RNT and the ICOROOT Platform. The Foundation will not create such secondary markets nor will it act as an exchange for RNT, the ICOROOT Platform only providing the technical infrastructure for decentralised exchange.
Detailed Roadmap and Milestones:
2017.04 Team building
2017.07 ICOROOT was launched and project analysis report was released.
2017.08 Research on basic intelligence contract;
2017.09 Standard smart investment contract finalization, transaction master contract preparation, wallet APP prototype development;
2017.10 The trading contract framework was completed, the exchange Beta version was opened for internal testing, and the wallet Beta version was completed.
2017.11 The investment function of smart contract was put on line, the issuing plan of tokens was determined, and the white paper v1.0 was released.
2017.12 The official version of wallet was released in December, 2017, and crowdfunding and public chain development were started.
2018Q1: realized centralized order relay service, optimized wallet asset management function;
2018Q2 decentralization exchange was launched;
2018Q3 public chain test version completed
Core Members Introduction:
Founder & CEO
Chairman of ONEROOT Foundation
Internet serial entrepreneur, interested in blockchain before the trend
Evangelist and thinker of blockchain and distributed commerce
Co-founder & CPO
Experienced practitioner in blockchain industry, expert in Internet product planning and user experience
Adept at socialized product planning and creative product design
Former senior product expert and leader of product innovation team of Alibaba, former design director of nurunsolution, with 20 years’ experience in Internet product design and user experience
Co-founder & CTO
Technical expert of blockchain, full stack developer, initiator of Decentralization R1 Contract, decentralized exchange developer.
Adept in blockchain, big data, network security, network performance, technical framework.
Former product developer of Shanghai Verystar Network Technology Co., Ltd. and Shanghai Qingfeng Technology Co., Ltd. with over 10 years’ experience in Internet technical development.
Co-founder & COO
Doctor, Chinese Academy of Sciences
Data analyst, senior blockchain researcher.
Expert in data analysis and market operation.
Token Contract Address:
The Verified Contract Source Code Link:
The Number of Decimals of Token：18
The Link to Coinmarketcap.com or feixiaohao.com for Token:
Market Cap: $16,450,617 USD (2018.7.11)
Circulating Supply:241789281 (2018.7.11)
Token Price：0.45 (2018.7.11)