• Forum has been upgraded, all links, images, etc are as they were. Please see Official Announcements for more information

[ANN] [ICO] ORS GROUP / CONNECTING A.I. & BLOCKCHAIN

ORS_SA

New member
WHO IS ORS?

The ORS Group is a software company of more than 100 IT developers and scientists. It boasts over 20 years of experience in delivering sophisticated A.I.-based optimization software solutions to a large international client base.

Their new product, the Hypersmart Contracts provide access to more than 1,000 proprietary algorithms and hundreds of software solutions to the Crypto Community and to established businesses.

At ORS, we envision a global network of entrepreneurs and independent companies empowered by our ABC technology building blocks: Algorithms, Blockchain and Cryptocurrency.


VISION


We aim to empower 1 billion new (small) entrepreneurs by 2040 by enabling them to compete with big corporations through access to A.I. and Blockchain technology. We at ORS, can foresee a future, in which within a few decades, robots and A.I. will run almost all businesses and unless our children become scientists, there will not be enough jobs for a population of almost 10 billion people. Brilliant minds like Stephen Hawking are worried that the owners of the robotic plants will not want to share the productivity gains and therefore a dystopian scenario might occur: a few giant corporations and extremely wealthy individuals will dominate and control almost all assets. We don't want this for our children! We envision instead a planet with billions of small, and independent companies trading and working together, coordinated through what we call the ABC building blocks of technologies: Algorithms, Blockchain, Cryptocurrency. Billions of entrepreneurs mean billions of financially independent people, free in their liife and free in their mind. This network of people will create a completely new social contract, a much better one and with much less unhealthy concentration of money and power. That's why ORS has entered the crypto space.


ORS INFO


ORS is an established company with a strong track record of delivering sophisticated software and A.I. solutions to demanding clients among the Fortune 2000 list. We have calculated that our software solutions save our clients over $1 billion on a yearly basis. For more information on our history and existing products please visit our website.
We have already sold our the very first Hypersmart Contract to our partners at Eidoo. The Crypto-Robo-Advisor (video) is an A.I.-based Hypersmart Contract that takes into account every users’ investment preferences and risk profiles and on the basis of that makes portfolio rebalancing and diversification recommendations. Please check out what are partners said about the (agreement).

We have successfully closed a pre-ICO round of EUR 10 million.


TEAM


Fabio Zoffi – CEO and Chairman of the Board
Prof. Pierluigi Riva – CTO and Co-Founder
Felice Pollano – Chief Software Architect
Alex Arotsker – Project Manager
Jee Abbey Lee – PR Manager
Bryan Woods – Ethereum Developer
Antonio Vetro – Blockchain R&D
Chiara Allasia – Quant Team Leader
Ruggiero Scommegna – Quant Specialist
Claudia Costa – Software Architect
Eric Achtmann – Advisor
Chandra Subramanian – Advisor
Ingo Fiedler – Advisor
Arnab Naskar – Advisor


MARKET


We are making our A.I. and software optimization tools available to the global community through blockchain


BUSINESS MODEL

Any value chain is basically composed of three major flows: (i) the flow of goods/services; (ii) the flow of information; (iii) the flow of payments. ORS, thanks to its proprietary algorithms, is already able to “extract” extremely high efficiency — conditioned upon data availability — from the processes related to the movement of goods/services within a value chain, by synchronizing the activities of all the participants, even independent ones. However, the flows of information, documents and payments are still very slow, cumbersome, and somehow stuck in the past. With the introduction of blockchain technology we were able to share information in a trusted environment with smart contracts executing transactions without intermediaries. So, the concept of Hypersmart Contracts was born.

Our Hypersmart Contracts are intelligent connectors, which activate A.I. algorithms (off-chain) to solve complex efficiency/optimization problems utilizing data stored on-chain by independent, decentralized organizations; and they can also release instant crypto payments. We are thus making all our algorithms and solutions available to the community at large – providing the ABC technology building blocks: Algorithms, Blockchain, and Cryptocurrency to entrepreneurs(explainer video).


ORS ICO & ORST TOKEN DISTRIBUTION


Token Issuer - ORS SA
Total Tokens in existence - 833,333,333
Tokens to be sold via the Token sale - 500,000,000
Tokens kept by ORS SA - 198,412,698
50% of which will have a 12 months lock-up
period; the remaining 50% will have a
18 months lock-up period
Tokens available for the Bounty Program - 25,000,000
Tokens allocated to advisors - 26,587,302
Tokens available for the ORS SA management
team, developers and employees - 83,333,333
Short name - ORST, type ERC20 of Ethereum blockchain
Accepted cryptocurrency: Ether
KYC requirement to participate in the Token sale – Yes
Price per ORST (at the Token sale), €0.05 (equivalent price in Ether will be
updated shortly before the Token sale)
ICO launch date - April 28, 9 am CET
Hard cap on the Token Sale - EUR 25 MILLION
Minimum amount to be raised - EUR 5 MILLION (already reached in pre-ICO)


BUDGET ALLOCATION


65% - Development expenses (including Hypersmart Contracts, Platform and Marketplace)
15% - G&A and Legal
15% - Marketing and Distribution
5% - Investments (Hosting etc)


BONUS

5% Bonus for all Eidoo wallet users
Others - TBD


TIMELINE


05/16 – RAMS 4.0 Platform Released
03/17 – Deployment Milestones (over 1,000 algorithms and 100+ solutions released)
11/17 – Incorporation of ORS SA for Connecting A.I. and Blockchain
01/18 – EUR 10 million collected in pre-ICO
April 28, 9am CET – Main Token Sale Start
10/18 – Release of first Hypersmart Contract Solutions
01/19 – Release of the new ORS RAMS Platform
 
Back
Top