Essentia is a modular, decentralised interoperability and data management framework that allows users to take full control and ownership of their data, IDs, information, privacy and assets and that can be used indifferently by humans, machines, IoT devices and more. Essentia safely connects and relates the user/machine’s anonymous, pseudo anonymous or public digital IDs with their multiverse of data which is encrypted and stored on decentralized resources or locally.

Essentia can be used by individuals for decentralized passwordless login, KYC registrations and by companies  for GDPR Compliance and Smart Contract Oracles.

ESS Tokens are ERC20 tokens based on the Ethereum network and are managed mainly by the ESS-Fuel module. ESS will work as the fuel of the Essentia Framework.

Team:

• Matteo Gianpietro Zago: Project Lead 
• Mirco Mongiardino: Product Lead 
• Vladimir Holubovych: Operations Lead 
• Privacy Conscious: Blockchain and Architecture Lead

The Essentia ICO will take place on a TBA date. The ICO token allocation represents 46% of the total token supply and will be available for a 0.00006666666 ETH base price. The ICO funding target/cap is set at $31,900,000.

Token Reserve Split (54%):

• 18% to founding team
• 10% to advisors
• 11% as project reserve
• 10% to Masternodes
• 5% to bounties and promotions

The Essentia ICO features both a bonus and a bounty campaign.