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IRIS Network

Blockchain Infrastructure

Overview

IRIS Network is Inter-chain Service Infrastructure and Protocol. Technology Foundation for a Distributed Business Ecosystem

Features

Among key characteristics of their product, IRIS lists the following:

  • Incorporation of a service-oriented infrastructure into Cosmos
  • Integration of business services offered by heterogeneous systems, including public & consortium chains as well as legacy systems
  • Interoperability of those services across an internet of blockchains

The IRIS network design features:

  • Definition of standard ABCI transaction types supporting registration, binding, invocation, query, profiling and governance of IRIS Services (a.k.a. iServices)
  • iService providers act as adaptors of business logic residing in public and consortium blockchains as well as enterprise legacy systems
  • iServices can be invoked across an internet of blockchains over an extended IBC protocol

Crowdsale

Token details
Ticker IRIS
Additional Token Emission No
Token distribution
  • Private Sale: 20%

  • Core Developer Team: 20% (4-year vesting period starting from IRIS Hub launch, during which the team will vest 1/48th of its IRIS tokens each month)

  • IRIS Foundation: 15% (reserved to support the operations of the Foundation)

  • Ecosystem Development: 45% (swap with zones connecting to IRIS Hub; grant to potential users; awards to outstanding partners; potential public sale)

Funds allocation
  • Foundation Operations: 10% (including service providers and contractors fees, for example, auditing, consulting, legal and other third party fees, and other overheads)

  • Software Development: 50% (including costs, fees and expenses directly attributable to the development of launch)

  • Developer Enablement: 10% (including funding hackathons, awards to volunteers and training programs)

  • Research and Development Sponsorships: 10% (including conference, research programs and university outreach)

  • Marketing and Promotion: 20% (including business development, community programs and outreach, together with related travel, communication, publication, distribution and other expenses)

Ratings

Type of scores
Score
Status
Hype score Low Active

Advisors

Name
Position
Score
Social
Advisor
4
Advisor
1

Funding Rounds

Fund
Status
aum
Strategy
Live NA Venture

Media about IRIS Network Powered by Finrazor

Rating Review and Analytics

Investment rating Info NA
Hype score Info Low
Risk score Info NA
IRIS Network ICO Contacts
More on ICO
Token IRIS
Product Type Ecosystem
MVP No
KYC Yes
Whitelist No
IRIS Network (IRIS) widget
Rating Get this widget
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