ReapChain
ReapChain
Token: REAP


Secure and transparent Blockchain-based IoT ecosystem

ICO dates
Start date: 2020-07-22
End date: 2020-07-22

Registrated in: Estonia

Platform: Ethereum

PREMIUM ICO

ReapChain categories
Electronics IoT
Video
ReapChain token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries Cuba,Iran,Iraq,Liberia,Sudan,Syrian Arab Republic,Zimbabwe
Hard cap 18000000 USD
Tokens for sale 1470000000
Token distribution in ICO
30%
30%
Price 0.03 USD
Acceppting ETH,USDT
ReapChain aims to establish a safe and transparent IoT ecosystem by blockchainfying the end-to-end section of the IoT industry.
ReapChain is a hybrid blockchain with a Shell-Core Structure. It solves the trilemma of existing blockchains 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 through PID of things and distributed storage service of ReapMiddleChain.
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 that can solve trillemma of the existing blockchains “scalability, security, and decentralization” through a unique consensus algorithm and ReapMiddleChain, and enable the distributed processing of a large amount of data generated from the IoT industry.

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.

Vision
To establishing the IoT integrated platform utilizing the protocol of ReapChain.
・ Implementing new hybrid blockchain unique to ReapChain.
・ Processing a large amount of data through ReapMiddleChain.
・ Securing IoT device authentication and data security through PID of things.

ReapChain is creating a new IoT Blockchain world with technology that has both complete security and transparency.
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ReapChain Roadmap

1
2019.1Q
ReapChain Mainnet planing and design
2
2019.2Q
ReapChain Mainnet Planing (Ver 0.1) development
3
2019.3Q
ReapMiddleChain (Ver.0.1) design and development
4
2019.4Q
Reap Platform & Reap SDK (Ver.0.1) design and development Smart Contract establishment and Reap Wallet (Ver.0.1) development
5
2020.1Q
ReapChain MVP (Ver.0.8) Verification Test ReapMiddleChain MVP (Ver.0.8) Verification Test Whitepaper Ver.0.8 release Seed Sale
6
2020.2Q
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
7
2020.3Q
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 ICO and exchange listing Token Generation (TGE) and Distribution
8
2020.4Q
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
9
2021.1Q
Commercialization service environment establishment and operation stabilization
10
2021.2Q
Service infrastructure scalability construction
11
2021.3Q
Mainnet official open
SUHO KWON
SUHO KWON PM [ReapChain]

DANIEL KWON
DANIEL KWON PL, Blockchain Engineer

HURST CHOI
HURST CHOI PL, Blockchain Engineer

YONGHWAN HEO
YONGHWAN HEO PL, Blockchain Engineer

JANGGWAN JO
JANGGWAN JO PL, Blockchain Engineer

SEOKBAE PARK
SEOKBAE PARK Blockchain engineer

AIDEN KIM
AIDEN KIM Blockchain engineer

JAEHYUK KWON
JAEHYUK KWON Blockchain engineer

Aiden Kim
Aiden Kim
BlockChain Dev. Team Leader
BlockChain Dev. Team Leader
Sungjin Kim
Sungjin Kim
CTO
Jake Lee
Jake Lee
co-CEO
Co-founder, CEO