Tolar: Decentralized Solution to Leverage the Distributed Ledger Technology

Overview:
Tolar is a revolutionary distributed ledger technology which is built on the HashNET technology which is aiming to provide the safe and secure transactions in the crypto community, backed by well experienced team and advisors, working in the token mechanism

Problem:
Even though blockchain technology bought many advantages in the current technology, still it has some significant problems, one of the major problem is environmental effect, the whole network of bitcoin mining consumes more energy than ensures consumed by countries like Singapore and Portugal ,another hurdle in the bitcoin payments is, it takes few hours to finalized the authenticity of transaction this limits the acceptance of payment for the merchants.
Decentralized applications are very much useful for the speed transactions and it has huge potential in the future, but markets are failing to adopt the dApps.

Solution:
To solve the difficulties in the blockchain, Tolar came up with revolutionary technology called HashNET which is global leader of all the distributed ledger technologies.

HashNET:
It is the innovated technology which is scalable and efficient decentralized solution, leveraging the DLTs and increasing the transaction speed.

Features:

Governance system:
It has governance system called Magnus Consilium, it conducts the voting for the investors and stake holders to participate the Hash Network. It will be part in the community in tenders and POS (Proof of stake). It accepts the tenders based on criteria like social impact, Decentralisation and governance, Outreach, Contribution and Extensiveness

Token economy:
Tolar issues Ethereum based utility token called “TOL” which can be used in the internal ecosystem of the platform for the services availed in the platform and reward distribution.

Token details:
Token symbol: TOL
Total supply of tokens: 1,000,000,000
Softcap: 20,000ETH (Reached)
Hardcap: 45,000ETH
Pre-Sale is live Now
Crowd Sale: 15th Sep to 20th Sep 2018

Team:

Josip Maricevic- CTO
He worked on development of a few significant blockchain products, He worked for Shazam on application that implements Shazam song recognition technology to identify songs in your iPod library and play them with synchronized lyrics and visualizations. he is an owner of software development agency Moon Code, which is offering services of developing custom Blockchain based projects, alternative cryptocurrencies and Ethereum smart contracts.

Drazen Kapusta-Founder and Principal
He’s an entrepreneur with 30 years of business experience. Drazen also serves as Principal of COTRUGLI Business School, the leading business school in SE Europe where he has successfully helped develop the world’s first Blockchain MBA program and Certified Blockchain Developers Program. He serves as the President of the COTRUGLI Fund which is focused on organizing and leading numerous humanitarian projects.

Zoran Dordevic-Board member
He has more than 15 years of experience in education and consulting as well as passion for blockchain technology and its educational and business implementation. Zoran is one of the pioneers in introducing blockchain technology into regular MBA curriculums that set the foundations of the world’s first Blockchain MBA program at COTRUGLI Business School.

Verdict:
Pros:
• Social media hype is very good, its telegram community has 14k+ members
• Advisory team is great, they have 14 advisors from Marketing, IT, Security, Banking, Financial Investments, Cryptocurrency and Blockchain. Some are experienced in Shazam, Google, Facebook, Microsoft.
• MVP is available on their website
• Partnered and investors are Blockoxfund, BlockGround Capital, Pod Capital, GC Capital, Diddy Carter, BlackCastle Capital, AngFund etc.
• Roadmap is drafted well, it is showing the goals to be achieved till 2019
• Strategic, partnership with COTRUGLI Business school

Cons:
• Even though whitepaper has detailed explanation, it is written in complex terms which will be difficult to understand for an average investor.

Links:
Website: https://www.tolar.io
Whitepaper: https://www.tolar.io/wp-content/uploads/2018/07/Tolar-whitepaper-1.pdf
Telegram: https://t.me/TolarHashNET
Facebook: https://www.facebook.com/TolarHashNET/
Twitter: https://twitter.com/TolarHashNET

Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a
Bounty0X username: @anushkamehta