nOS

nOS

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nOS (https://nos.io/) – the Virtual Operating System for a new, transparent internet powered by the NEO Smart Economy.

1.  The project's economic model:

-    Currency: NEO;

-    Total supply of tokens: 450 000 000;

-    Amount of tokens available for contributors: TBA;

-    ICO hard cap: TBA; 

-    Terms of the token sale: TBA;

-    Token price: TBA;

-    Token allocations: TBA.

2.  Lock-up periods: TBA.

3.  Token release: TBA.

4.  Activity in the social networks (data captured on 30.08.2018):

Telegram EN (https://t.me/nOSplatform) – 36040 users;

Twitter (https://twitter.com/nosplatform) – 12300 subscribers, 114 tweets.

5.  Investors and partners:

NGC fund is mentioned among the investors (http://ngc.fund/) – we think that it doesn't need any introduction. 

 Along with NGC, there's ICO Moonlight (https://moonlight.io/) – a project that is also a part of NEO ecosystem. Crowd sale has ended on August 31 and the project managed to attract 50% of the hard cap, which was $4,500,000. 

It's worth mentioning that such a partnership is rather neutral, because despite the project being a part of the NEO ecosystem, it does not seem hyped around the community, considering the low amounts of the contributions. 

6.   Roadmap:


7.  The token: nOS - Utility. Purpose: establishes the fundamental base for the platform's key features.

8.  Limitations for contributors: Countries that are restricted from participating in the nOS Token Generation Event include United States of America, China, Democratic People’s Republic of Korea (North Korea), and any countries where participating in Virtual Token Generating Events is strictly forbidden.

9.  Whitelist/KYC – ТВА

10. Blockchain: NO. 

11. Patents: NO.

12. MVP: nOS MVP Developer and Consumer Clients are available for download and development; my.nos.app is available for download and is in the active development stage. 

Similar projects:

In our opinion, this project resembles Elastos, Cardstack, and Zeppelinos.

GitHub (https://github.com/nos):

There are 13 public repos on the project's GitHub page, which hold a bit more than 104000 lines of code. The most used programming languages are JavaScript, Phyton, CSS. The most recent update was made on 30.08.2018г.

In regard to the quality of the code, it looks normal from a consumer standpoint. 

 

Whitepaper: 

DApps are important in blockchain development. Analysts claim that the recent decline in the crypto economy has occurred mostly due to the lack of mass adoption of the blockchain technology. Since dApps act as the main layer between the chains and end users, the whole future of the crypto industry depends on their convenience, understandability, security, and functionality. 

nOS project aims to develop dApp infrastructure within the NEO network. 

The project's Whitepaper of 30 pages describes major dApps' pain points, outlines basic positioning of nOS, and draws the fundamental architecture of the offered ecosystem and its component. 

Authors mention the following major issues for the dApps, which the project is dedicated to solving:

  • A lot of dApp projects generate their own tokens (ERC-20 or NEP-5). The necessity of the exchange operations for obtaining required tokens (for using an app) complicates the user experience.
  • The majority of the users don't have experience or knowledge in cybersecurity. In their turn, dApps almost always interact with crypto-wallets, based on working with private keys. This may become a vulnerability for phishing attacks or other hostile actions of some third parties, leading to theft of crypto assets. 
  • Low levels of understandability and intuitive interaction (for an end user) are still a significant barrier for mass adoption of dApps. 
  • The excessive difficulty of the dApps development dramatically slows down the mass spreading of the crypto projects. 

According to the Whitepaper, the most notable features of the blockchain operating system, named nOS, are:

  • The isolated context of nOS dApps execution. The apps run sandboxed on a client's computer. All calls for working with crypto assets (transactions) are being double confirmed by a user via visual interfaces of the OS. It's worth mentioning that the Whitepaper states that nOS dApps will be able to address the assets both on the NEO (NEP-5) network and Ethereum (ERC-20).
  • Decentralised working with data. All the data, that can be processed by nOS dApps can be stored within the GitHub repos, and in the decentralised nOS Filesystem in the future. There will be nOS Protocol involved, which will be utilizing nOS Name Service.
  • The proprietary marketplace, dApp Gateway, is being organised and promoted for selection of various nOS dApps. 
  • Universal Smart Contracts(USC) - smart-contracts templates for dealing with most common scenarios. There are also Master USC – contracts that are already functioning within the network and processing typical operations. The usage of USC makes dApps development significantly faster and easier.
  • The universal converter for the tokens. For cases, when a user does not have native app tokens, but they have GAS (for NEO), or ETH (for Ethereum), the system would offer automatic purchase of native tokens. The Whitepaper does not tell us which liquidity providers would be used (exchanges), but it is not necessary considering constant changes in this field (new players in centralised and decentralised exchanging being established). It is important that this step is extremely simplified for an end user (they work within nOS system interface).

According to the Whitepaper, the client part of the nOS MVP is already available and includes the stack of solutions and documentation for nOS dApps developers. Developers are already able to use the basic components of the standard nOS client's by establishing their own (private) NEO network, or by connecting to the existing public NEO testnet. 

The nOS client includes:

  • Open internet browser, that supports HTTP & nOS Protocol (nos://);
  • Marketplace dApp Gateway;
  • Crypto-wallet;
  • Exchange app (trading) for tokens with simplified and advanced trading;
  • User and account settings.

nOS utility token is introduced as means of motivation for ecosystem's participants. At the same time, according to the Whitepaper's authors, the incentivising process does not resemble the traditional transactional business-model (where the payout is being delivered on a pro-rata basis to the resources consumed). A particular Selective Supply Increase (SSI) model is offered, which implies that the reward for an ecosystem's participant (e.g. an owner of nOS Filesystem's node) depends also on their initial stake, for how much time the stake has been held within the network, and reputation (rating). The reputation system, just like decentralised authority with voting, bases on nOS token.

Preliminary conclusions:

The Whitepaper does not see detailed enough at the first glance, however, more thoroughness is not required for at least two reasons:

  • This system is an additional layer on NEO blockchain, hence the blockchain's architecture, consensus, etc. are not being discussed. 
  • The Whitepaper serves the purpose of the common specification of the requirements and functionality along with the general architecture. Diving deeper would lead to the code developers' level of documentation. The project's technological ideas are not innovative and do not require mathematical proof.

Some of the system's components (like the distributed file system) are purposely outlined on a very high level, while the roadmap is claimed to include a more detailed description and specifications.

Overall the Whitepaper gives the positive impression (though without any excitement). 


The team:

Dean van Dugteren - Founder & CEO

 https://www.linkedin.com/in/Deanpress/ - 326 subscribers

Dean is the developer at the City of Zion (supporting the core and the ecosystem of NEO). He's a founder of VDT. Network, and founder & developer at Click.Dj (popular music marketing software with 340,000 user visits each month)

Matt Huggins – lead developer


https://www.linkedin.com/in/huggie/ - 246 contacts

Matt is also a developer at the City of Zion (supporting the core and the ecosystem of NEO), he supports NEON Wallet.

Matt got his bachelor & master degrees at credible US universities in 'Computer and informational systems'.

He has spent 1 year as a developer at Bloomberg Law team.

Matt acts as a tech lead at Kapost (OS for B2B – marketing and consulting services, 105 employees) since 2015.

Jeroen Peeters – developer & project manager

https://www.linkedin.com/in/jeroenptrs/ - 402 contacts

Jeroen is a front-end consultant for a small Belgian company Events NV, which is focused on developing professional interface solutions for mobile networks and the internet. 

He is a member of City of Zion (supporting the core and the ecosystem of NEO) and creator of Neoblog

He has bachelor's degree in IT at a Belgian university. 

Maurice Dalderup – Full-Stack developer 

https://www.linkedin.com/in/mauricedalderup/ - 500+ contacts

Maurice is a developer at the City of Zion (supporting the core and the ecosystem of NEO) and creator of Neoblog

He had gone through an internship at a small venture Bewire NV (parent company for Events NV), which is focused on: 

•   Enterprise-level applications development 

•   Knowledge sharing 

•   Software audit, including custom services 

Maurice has a bachelor's degree in 'Computer programming' at the same university as Jeroen.

Fabricio Rosa Marques – designer

https://www.linkedin.com/in/fabriciorm/ - 428 contacts

Fabricio is a product designer and illustrator with more than 10 years of experience. 

He was a designer at British company pie.io, along with pitch.io (internet technologies) and others. Fabricio finished KISD in Cologne. 

Almost all of the team members also participate in the City of Zion and are focused on supporting the NEO core and ecosystem. Fabricio Marques stands out for his vast experience, along with him, CEO of the project has a decent track record being a creator of the pretty successful Click.Dj.


Advisor - Roger Lim  

https://www.linkedin.com/in/limroger/ - 500+ contacts

Roger is experienced managing director with a track record of working in VC, blockchain and information technologies. Qualified venture investments, blockchain technologies, managed services, business development, entrepreneurship and mobile devices. 

He consulted Bluzelle, QLink, Tomocoin, 0Chain, Open Platform, Merculet, Blockcloud (ongoing, like nOS).

Roger is founder and partner at NEO Global Capital.

The project has a very proficient advisor, who founded one of the most famous funds in the space. However, he's the only one mentioned, though we would like to see more people with experience backing up the project and able to help with fostering its development. It is possible that we will see NEO founder, Da Hongfei, or similar-level joining the advisory board.


Summary: 

  • The project was introduced during NEO conference this spring and it's supposed to become another addition to the NEO ecosystem. After the first show on the public, the project got significant hype, which after some time started to decline. The project's team doesn't have any well-known members or those with remarkable achievements, but rather skilled. We can point out CEO, who developed a pretty popular music marketing piece of software and highly experienced Fabricio Marques.
  • There is only one venture fund investing in this project - NGC. 
  • The project has a partnership with ICO Moonlight, which wasn’t able to reach its hard cap (low community interest). 
  • There's only one person on the advisory board - Roger Lim – founder and partner at NGC. We consider this insufficient.
  • The project's roadmap is rather tight, we liked the availability of nOS MVP Developer and Consumer Clients along with my.nos.app, which can already be downloaded and they are being actively developed by the team and third-party developers.  
  • Although project's White Paper isn’t impressing, it is of a decent quality and the essence of the project is fully described. The GitHub page looked quite nice, they have the rather well-written code. 
  • Considering the unstable market conditions, we are currently concerned about the project’s success, because dApps aren’t in demand yet and the project is being built on NEO blockchain with a number of scalability issues, which are set to be solved only with NEO 3.0 release (in 1-2 years).

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