TreeBlock is creating an IoT Blockchain Network for general purpose application. “TreeBlock” is a blockchain that combines Hierarchy Sharding and Time Sharding to create Time Sharding Trees architecture that is able to scale blockchain to a significant number Tps on-chain comparing to existing blockchains. This is a public, general purpose blockchain, and open source. With the ability to scale, TreeBlock can be applied to any project that requires a high-performance blockchain. Our blockchain is going to solve 5 existing problems of blockchain: Scalability – Performance – Security – Storage – Tokenomy. With this Time Sharding Trees architecture, a node can be much smaller and we aim to use IoT as nodes instead of big nodes and big mining pools.
TreeBlock ICO began on July 7, 2018. The ICO token supply represents 25% of the total token supply, so there is a total of 2,500,000,000 TREX tokens available, for 0,00005 TREX each. The ICO funding target is 20,000,000 USD, the funding cap is 50,000,000 USD and is expected to end on June 7, 2019 or when the funding cap is reached.
Token Reserve Split (75%):
TreeBlock ICO features a bounty campaign as well as the following bonus structure.