IRON

1. Project introduction

Iron Fish is a decentralized, proof-of-work (PoW) based, censorship-resistant, and publicly accessible blockchain project. It is designed to support strong privacy guarantees on every transaction. Similarly to how the invention of the SSL/TLS layer in the '90s paved the way to e-commerce and benefited countless industries, the team believe that privacy is a fundamental requirement to protect the user and expand the use of cryptocurrency.

The team have designed Iron Fish to be a new cryptocurrency from the ground up to enable easy-to-use, fully-private payments by closely following the Sapling protocol. Every account is equipped with a view key to grant its holder read-only permission for the details of that account.

With this protocol, the team are challenging previous patterns of full node usability. The Iron Fish networking layer supports WebRTC with WebSockets, making it trivial for all users to make a true P2P connection with no other setup requirements. The first Iron Fish implementation is built such that it can be extended to run a full node directly in the browser in future iterations. And the focus is to lower the barrier to entry so that any person with a computer feels comfortable enough to run a full node.

2. Team introduction

CEO: Elena Nadolinski

Linkedin: https://www.linkedin.com/in/elenanadolinski/

3. Investment institution

A16z, Sequoia, Electric Capital, MetaStable, Arrington XRP, Terra co-founder Do Kwon, Thesis CEO Matt Luongo and Anchorage co-founder Nathan McCauley

4. Distribution

Foundation: 2.9%

Future Endowment: 0.8%

IF Labs: 0.8%

Core Team: 6.1%

Series A: 2.4%

Series Seed: 1.6%

Series Pre-Seed: 0.8%

Future Airdrop: 0.4%

Testnet Airdrop: 0.4%

Mining Rewards: 83.7%