THEKEY -- A High Quality Project to Embrace a New Year

SINGAPORE, Jan. 4, 2018 /PRNewswire/ -- In Dec 2017, the long awaited THEKEY project finally unveiled itself. The ICO market was quick to respond as the telegram group for the project grew from a few hundred people to well over 9000 people in just two weeks. At the time of this report, the total community number in telegram has already surpassed twelve thousand.

THEKEY Project revolves around the development of an identification verification (IDV) tool with blockchain based dynamic multi-dimension identification (BDMI) by using Personally Identifiable Information (PII) which is exclusively authorized by government authorities. THEKEY is a Decentralized Ecosystem of Identity Verification Tool Using National Big-data and Blockchain. Both WeChat and AliPay are in cooperation with THEKEY.

On 22 December 2017, not long after the launch of resale, THEKEY has already received total funding of approximately 70% of the hard cap while it is still in the pre-distribution stage. On 25 Dec 2017, presale closed well ahead of initial schedule. If an ICO is still decided to be necessary later on, it is expected to end ahead of schedule as well. Industrial analysts attribute the success of THEKEY project to the fact that it is one of the several projects of the year that actually meet the four golden rules of a high-quality ICO project.

#1. Real Needs for the Product

Piling up buzzwords does not guarantee that the project would become the next hit. A real need does. Identity verification is a universal need in the digital world. Whether you are opening your home door, claiming your insurance, or entering another country, you will have to first prove that you are indeed yourself. Funny as it may sound -- until recently there has been no product that can provide undeniable identity verification. THEKEY is the first one of its kind to provide such decentralized, undeniable ID verification services. The solution can find broad applications, including government agencies, insurance companies, financial institutions, and many areas in our daily life.

#2. A Strong and Competent Team

THEKEY team possesses solid experience in blockchain and big data applications, as well as industry-specific knowledge such as medical informatics. For a new venture, business plan will invariably change along the way. But a competent, experienced and determined team will always adapt themselves to a new plan and guarantee the success of the project. The strong market sentiment in THEKEY pre-ICO is the best indication that both institutional and individual investors have high confidence in THEKEY project.

#3. A Product that Stands out

There are more than twenty blockchain-based projects related to identity verification. THEKEY, with 23 copyrights, 15 patents under processing and being tested in two cities, is a clear winner and stands at the forefront of the line-up. THEKEY is the only product that has been able to tap into existing government data of 210 million people. It saves considerable time and effort on data collection and data processing. Because of the enormous amount of data at hand, THEKEY is able to generate more reliable results compared with the other solutions. In addition, users do not need to install any app or upload any data to use the technology, ensuring a convenient user experience.

#4. Strong Partnership and Pre-sale

Partnership with strong players and robust presale results are good indicators of a successful project. Moreover, THEKEY is developed on the NEO ecosystem. The public chain to be developed later would be on the NeoContract system. THEKEY project contributes to building up the neo ecosystem. At the same time, THEKEY can directly leverage on NEO's solid infrastructure.

To learn more about the project and how to participate in ICO, you may visit the links below and please join the telegram group.

Website: https://www.thekey.vip 
Telegram group: https://t.me/THEKEYOFFICIAL 
Twitter:  https://twitter.com/thekeyvip 
Medium: https://medium.com/@thekeyvip 
Facebook: https://www.facebook.com/TheKey-1439094662870680

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https://www.thekey.vip