The Squeezer ICO
What is Squeezer?
The Squeezer team hopes disrupt the blockchain consulting industry.
Companies spent over $US5 billion in 2017 on blockchain consulting. Yet despite this interest, clients still have difficulty developing software that interacts with a blockchain. Businesses have to download the entire blockchain to a server, which could take up as much as 200 GB of space. In addition, application programming interfaces (APIs) are not made to scale as easily as the blockchain. This eventually causes any traditional software that connects to the blockchain to crash.
The squeezer team believes there is a solution to this problem: integrating the blockchain with microservices. A microservice is a component service that can operate independently but can also join with other services when necessary to accomplish larger tasks. An application made up of microservices is called a "microservices architecture" application.
Microservices help to solve the scalability problem inherent in connecting to a blockchain, allowing companies to more efficiently build blockchain applications.
How does Squeezer work?
There are two components that make up Squeezer. First, there is the Squeezer framework. This has already been developed and is currently being used on large web projects. Second, there are the connectors that link the Squeezer framework to whatever blockchain a client wants to connect to. These are currently being developed, and the funds from the ICO are needed in order to finish them.
Once the Squeezer framework is integrated with connectors, clients will easily be able to create blockchain applications through a simple, graphical user-interface. A client will be able to log into multiple websites that store its code using Single Sign-On (SSO). It will also be able to display a project as multiple stages, allowing the entire team to be on the same page in terms of what next step needs to be accomplished. In addition, the interface will include a "deploys" section that allows the client to trigger certain actions on the blockchain that have previously failed or to clear out bad code so as to rebuild it on the next try.
With these features, the Squeezer team believes its product will become the dominant means of developing blockchain applications in the world.
How is Squeezer unique?
Squeezer’s principal competitors are other microservices frameworks and blockchain consultancies.
Current popular microservices frameworks include Serverless, ClaudiaJS, Stdlib, and Apex. However, none of these frameworks provide blockchain integration, and none of them state that they intend to provide blockchain integration in the future.
Current blockchain consultancies, on the other hand, consist of various small enterprises that help clients connect to blockchains the old-fashioned way. They help clients download the entire ledger to a server and create a stable environment in which it can be replicated. This is much more of a hassle than what microservices can provide, so the Squeezer team believes it is uniquely situated to compete in this market.
Who makes up the team behind Squeezer?
The squeezer team is made up of experts in microservices, blockchain, software engineering, and marketing. It includes CEO Nick Chisiu (consultant and engineer for ConsenSys, Modus Create, and Auto Fisher), Marketing Chief Flavius Fulea (Marketing Manager for Hotel Ramada Sibiu), Communications chief Vlad Tarmure, Software developer Ionut Vaida, Business Developer Odi Onyejekwe, and Support Manager Tia Chisiu. It also includes the following advisors: Ali Kassab, Igor Karavaev, James Sowers, and Moffasair Hossain.
More details about the Squeezer (SQR) ICO
The Squeezer ICO is ***launching at 4pm (GMT) on 1 June, 2018 and is due to end at 4pm (GMT) on 30 June, 2018. Investors will need to sign up for the whitelis*t in order to participate. For the public, tokens will be transferable as soon as the ICO ends.
The Squeezer tokens (SQR) will cost US$0.20 each, to be paid in ETH, BTC, LTC, BCH, or fiat. The minimum purchase amount for an individual investor is 500 SQR. The minimum cap to go forward with the plan has already been reached during the pre-ICO. The team hopes to raise US$15 million total.
The June 1 crowdsale will comply with the following allocation strategy:
40% will be sold in the presale and crowdsale
30% will be locked for 12 months and reserved for future operations
20% will be given to the team. These will not be transferable for 24 months
5% will be given to the advisors. These will be non-transferable for 24 months
5% will be given to partners and used in marketing
The funds raised will be used in the following manner:
45% will be used for technical development
30% will be used to pay non-technical staff
10% will be used for marketing
8% will pay for infrastructure
*7% will go to miscellaneous expenses *