We have been developing Palaamon for many months in our spare time as a research project.
Some features borrow ideas from the open source project Arcite that we have worked on for almost 2 years.
Palaamon has completed the Proof of Concept (POC) phase. Its core concepts (reproducibility, distributed architecture, etc.) are working as expected.
In the next phase we want to develop several workers to solve many concrete problems in the pharmarceutical industry before adressing similar problems in other industries.
To get to the first productive release of Palaamon, some development is still required as well as investments in infrastructure (cloud, premise or hybrid).
We want the next development steps of Palaamon to be supported by an ICO as we believe some Palaamon features will be best implemented as distributed ledger applications.
We are currently setting up an ICO and we will soon give more details on how it will work.