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Forwarded from Shin Chan IEO/ICO Alerts 🔱

📣📣📣Elrond Network(84.95%) 🎯🎯🎯

🌏 Website = https://elrond.com/

💬 Telegram = @ElrondNetwork

🗨 Telegram members = 7,000

Elrond is a high performance blockchain designed to scale globally with targeting 10k tx/sec, minimal latency, negligible fees
. It solves scalability through adaptive state sharding and the efficency through secure proof of stake.Elrond uses adaptive state sharding for unbounded linear increase in throughput, and eliminates computational waste from PoW algorithms by implementing a SPoS consensus.

1️⃣ High Scalability - Comparable in throughput as to centralized counterparts to bring a 1000x overall improvement by being scalable, efficient and secure by using Adaptive State Sharding mechanism, nabling linear scalability as more nodes join the network by parallelizing transaction processing.
2️⃣ Efficiency - (SPoS)Consensus is made by combining random validators selection, eligibility through stake and rating, with an optimal dimension for the consensus group
3️⃣ Robust Security - Combining randomness source, Shard reorganization, consensus group selection, node rating, shard redundancy, threat model, attack vectors prevention to ensure resistance to known security problems like Sybil attack, Rogue-key attack.
4️⃣ Cross-Chain Interoperability - Enforced by design, permitting unlimited communication between external services

💰Hardcap: $4.75M USD

💵IEO Token Price: $0.00065 USD

🏦IEO Exchanges: T1 / T2

💸Largest Discount: 30% Bonus (10% tokens released on TGE, remaining 30% tokens released after each three (3) months)

💎Prototype : Yes

🎯 Allstar Execution Ability : Yes

👨‍💻Team : Pro

👨‍🚀Advisor: Pro

🚊Roadmap = Good

🤝Partnership / Notable Investor = Nash, Netopia Payment

📆 Private Sales / Pre-sale: Ended

🗓 Crowdsale : May / June

📋 KYC Whitelist : TBA

⌛️Token Type: ERC-20

⌛️Total Tokens: 20 Billion total tokens, 40% for token sales(8 Billion Tokens)

📈Exchange Date: TBA

📈Flip : Positive

📊Long-term : Positive

💣 Dump Alert: No

⚖️ Initial Circulating Supply: 6,158,000,000 ERD (About $4M USD, 30.79%)

-------- Highlights Project --------------------

👨‍💻 Team members:

1) Beniamin Mincu - Founder & CEO (Business Lead, Marketing Lead, Community Lead 1 year+ in early started NEM.io Foundation)

2) Felix Crisan - Telecom Industry Consultant 5 years+ in Hewlett Packard(multinational information technology public listed company with 30B marketcap), Technical Solution Architect 1 year+ in IBM(Multinational information technology public listed company with 126B marketcap)

3) Adrian Dobrita - Head of Engineering & Core Developer (Embedded Software Consultant 3 years+ in Intel Corporation(Multinational corporation with revenue $70B USD in 2018 year), System Software Engineer 2 years+ in Continental(Automotive manufacturing company with $44B revenue in 2017 year)

👨‍🚀Advisor members:

1) Fabio Cesar C. - Co-founder at Nash(Co-Founder 1 year+ in City of Zion(Developed Neon wallet, Neoscan, and other), Research Engineer 6 years+ in Schlumberger(Largest oilfield services public listed company with 63B marketcap)

2) Ethan Fast - CTO & Co-founder at Nash(Co-Founder 1 year+ in City of Zion(Developed Neon wallet, Neoscan, and other)

3) Andrei Pitis - VP Engineering and Head of Bucharest Office 2 years+ in Fitbit(Activity trackers, wireless-enabled wearable technology devices public listed company with 1.48B marketcap)

🚊Roadmap: 1) Q1 2019 - Fully Featured Tesnet
2) Q2 2019 - Testnet audit
3) Q2 2019 - Mainnet launch
4) Q2 2019 - Token swap and staking
5) Q4 2019 - dApp store

📌Note: 1) There are some investors worries about team from romania and so do I, but this project looking good for me(Good technology).
2) Not sure if there are any VC and partnership with this project.
3) Advisors can be better.
4) Looking forward to their testnet and more use cases before considerating invest into this project.

⛳️: Passed
⛳️⛳️: Average
⛳️⛳️⛳️: Moon
#Myopinion #DYOR #NotInvestmentAdvice

Multiversx

The Internet-Scale Blockchain | MultiversX

MultiversX is a distributed blockchain network for next-gen applications. Decentralized via 3000+ nodes, scalable through sharding, fast, secure & green.

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