Company Eristica

Having written about various launches of blockades, I often mention that I'm basically talking about an idea or concept. This can be interesting and promising, but nevertheless, this is something that has not yet received technical implementation.

Today, for a change, I'm going to study an established and successful block-chain. Besides, it's a heavyweight. Founded in 2015 by Eristicanow is a platform with 1.5 million users. In 2016, the project won a competition among IT start-ups, held by Winter Capital and McKinsey. In March 2017, Eristica was declared one of the most promising start-ups at the Mobile Only Accelerator (MOX) event. MOX is part of SASV, a venture company specializing in creating an investment infrastructure for start-ups. A year after its creation, the Eristica project became an inspiration for the Hollywood film Nerve. The company also has agreements on monthly preliminary installations of its application on smartphones in Asia.

The idea of Eristica came to its founder Nikita Akimov- graduated from the Department of Mathematical Methods at Moscow State University and a talented musician when, one day in 2014, he took a bid to study 15 guitar solos for a couple of weeks.

The task was published on social networks, and in the end, followers asked for video evidence that Nikita was playing these solos. This episode gave birth to the idea of ​​a platform on which participants could challenge each other by downloading a video of their tasks. The implementation of the system based on blockages made it highly automated, with a set of standardized rules related to the type and conditions of the call.

The rules include the provision of video evidence that is evaluated by the community, confirming that the challenge really passed. Each task is created as a smart contract. Fulfilling the terms of the intellectual contract, the participant automatically wins the call and receives a reward. If he does not fulfill the challenge, the reward will be transferred to his opponent. Users who do not participate directly in the calls can win the prize by becoming the winner of a particular task. In addition, the platform API allows you to integrate complex mechanics into popular multiplayer games. Winning problems, users gradually increase their ratings, which gives them an incentive to continue solving problems.

At the same time, the platform can become a conveyor belt of viral videos, attracting the attention of millions of viewers. API platform allows you to integrate complex mechanics into popular multiplayer games. Winning problems, users gradually increase their ratings, which gives them an incentive to continue solving problems. At the same time, the platform can become a conveyor belt of viral videos, attracting the attention of millions of viewers. API platform allows you to integrate complex mechanics into popular multiplayer games. Winning problems, users gradually increase their ratings, which gives them an incentive to continue solving problems. At the same time, the platform can become a conveyor belt of viral videos, attracting the attention of millions of viewers.

One interesting technical aspect of the Eristica platformis that it does not use the Ethereum block chain for its operation. One of the main problems of the Ethereum flowchart is the low transaction speed, which already caused some serious problems for projects with a high level of user activity. A recent example is the incident with the CriptoKitties project, the huge popularity of which eventually led to the clogging of the Ethereum network. The Eristica project team finally decided that Ethereum is not a good option for a platform with 1.2 million active users and switches to BitShares. BitShares is a decentralized exchange platform that uses Blockchain technology from the industrial Graphene level. With a performance of 100,000 transactions per second, BitShares effectively addresses the scalability problem,

From December 2017 to February 2018, Eristica sells tokens to distribute 687 575 392 ERT tokens.

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ETH : 0x41A2aF6c53d03C78722cFc4536E65559D977f90d