What is EDENCHAIN
Edenchain or just Eden is a blockchain platform, designed for international Enterprises and Enterprise users. it's a Permissioned blockchain (as against Bitcoin or Ethereum that are permissioned). to remain as faithful blockchain idealogies, Eden are implementing a decentralized committee to manage the Permissioned blockchains and guarantees zero censorship on the info.
Eden is making an attempt to solve the key issues that Enterprises face with existing blockchains - performance and non-secured property. As browse any into this text these 2 main aspects are explained at each nook and corner of Edens blockchain resolution.
Token economics.
The top four positives that I see are:
With a complete of one billion tokens and four hundred million on sale at a value of zero.06 cents per token, the price has left an oversized space for token appreciation.
The marketcap for this ICO is twenty four million. as long as the closest blockchain project is quite 30x away in terms of market cap and Korean blockchain front runner ICON is 70x+ sooner than Eden, there's a lot of to grow.
Hyper-deflationary nature of the token. After 2020, there'll be token burn and this may lead to any appreciation of token worth.
Team and Partner tokens are latched up for one year.
The Presale bonus is tight and doesn't offer any reason for pump and dump concern. 2 hundredth in round A and ten in spherical B. this is often as per the simplest practices to slightly reward the first investment.
Team and advisors have 33rd tokens that looks traditional. ten is for Foundation. not sure if that's once more team or another parent company. undecided however Foundation can use the ten. Overall it doesn't matter in brief run as team and partner tokens are latched up for an year, thus investors need not have concern of selling from this lot.
12% tokens are unbroken aside for Platform adoption. this is often a decent move, however looks on the lower aspect to me.
Overall i feel that token metrics square measure sensible for long run token worth ought to Eden deliver on all its guarantees. If Eden will deliver, then the token worth could apace multiply to return to balance with the marketcap of different similar stage blockchains (not even talking regarding the live blockchains here).
Hype and social Media
Telegram has 14000 + members (review - good)
Twitter has 1800+ followers (review - poor)
Medium - couldn't reach their medium page (review - terribly poor). maybe because Eden has its own blogs on wordpress.
Reddit - 170+ subscribers. (review - alright)
Facebook likes - bare minimum (review - poor)
Overall Eden has truthful presence on social media, however its hoopla is restricted to its message chat. this is often not sensible from long run perspective for international investors WHO need to examine the token sky rocket on exchanges. however since this is often a Koren ICO, there may well be a great deal of hoopla inside peninsula.
EdenChain global Protection
EdenChain uses world DNS, Multi-Datacenter patterns, and Virtual private Network technologies to produce secure service against disasters appreciate earthquakes, typhoons, and big scaled attacks by hackers. in keeping with EdenChain, their security claims there would be no interruption from the Eden Chain service zone to continue with no delays.
Programmable Economy
Blockchain technology and economy meshed and created the blockchain investment technology. The economy created as a replacement national economy that capitalizes intangible and tangible valves with blockchain technology and trades through the net while not the employment of a middleman, appreciate a broker, or consultant. The middleman is not any longer within the equation, and also the consumers and sellers deal and sell with one another directly. No profits head to a middle person as a result of the technology involves shopping for and merchandising with one another directly.
Summation of Edenchain ICO review
ICO Name - EDENCHAIN , EDEN
Token Label - EDN
Token type - ERC-20 for now. it can be exchanged 1:1 with main Eden Token once Edenchain is live.
Investment part - ICO Presale spherical B (10% discount) followed by Crowdsale. Presale round A had 200th discount.
Whitelist - Closed for all investment phases
KYC - Yes
Hardcap - 24 million USD.
Tokens - 1 billion EDN. four hundred million out of this purchasable.
ICO Review verdict - Since i lost the ICO whitelisting, i'll attempt to get EDN on exchanges (if it doesn't increase terribly high one day one itself). I feel that there'll be unmet demand. Similar ICOs square measure already quite 10x. Having aforesaid that, the fact that nobody is talking regarding this ICO outside the telegram network or closed private Sale quarters worries American state on its future on the exchanges. i'm hoping that Edenchain can bridge this gap before long and guarantee there's enough hype created to make sure the investors are well rewarded ought to they require to sell on the exchanges sooner (shillers) or later (long term investors)
Key terms and words that epitomize the Edenchain
Permissioned Blockchain
Decentralized management of the permissioned nodes via inclusion of community members, enterprises, users.
Lack of Censorship on information similar to any permission-less blockchain
Secure ability exploitation Intels SGX territory for running author, MVT and Majoriting ballot algorithms and additionally use of HTTPS and ECC-TC cryptography for encoding of information.
High Performance and in theory infinite measurability exploitation Namespaces
High availableness exploitation international cloud DNS
Guaranteed execution of all transactions using first in first out algorithmic rule
Low dealings Fees exploitation first in first out and writer algorithms
High efficiency from running good contracts solely on some nodes
Developer friendly blockchain with Developer Portal (E-Edge) providing blockchain Apis that scale back learning curve to develop and deploy good contracts on the blockchain.
Hyper-deflationary from 2020 as Eden are burning the tokens at a preset rate.
Masternodes
Good tokenomics
Ethereum Virtual machine solidity language support for smart contracts
Roadmap.
Eden has printed its roadmap on its web site. i might have most well-liked the milestones to be explained in some document if not the roadmap itself. I even have seen higher roadmaps and Edens is incredibly temporary. If its temporary as a result of they apprehend precisely what they're doing, then great. If its temporary for a few different reason, then i'm upset.
more information here
Website https://edenchain.io
Whitepaper https://edenchain.io/wp-content/uploads/2018/04/EdenChain-Technical-Paper-v3-en.pdf
twitter: https://twitter.com/edenchainio
telegram: https://t.me/edenchainio
author: dhydra
profile: https://bitcointalk.org/index.php?action=profile;u=1335790
