- Rating Report list
TRON [TRX] - Hyped Project, Tech So Far Unproven
Tron (TRX) raised USD $70M in September 2017 through a public ICO. Other prominent investors to back the project include Jihan Wu, CEO of BITMAIN, and Chaoyong Wang, founder of the ChinaEquity Group.
Hydro Rating Report
Hydro is an Ethereum-based financial service platform for enterprises and developers to build customized financial tools. The HYDRO token circulates within its ecosystem as media of exchange. Currently, the project is in its early stage and no clear roadmap is disclosed. The incentive mechanism of HYDRO token is not clear and the distribution of HYDRO is quite centralized currently.
Bitcoin - "The Father Of Crypto"
Bitcoin is a digital currency that enables users to be their own banks, store their assets securely thanks to advanced encryption and send money without any intermediaries to anyone anywhere in the World. Bitcoin is the oldest cryptocurrency with a very good market price. It has made many investors, especially the earliest ones, incredibly rich bringing even 1000x of returns. However, because of this it has become a very speculative asset. Many people are researching Bitcoin only for the sake of profits and not to use it as a fast peer-to-peer payment method
Decred(DCR) Rating : A, Risk: Low.
Rating Overview Rating summary: A • There are several former Bitcoin developers on their team highly experienced in developing cryptocurrency. • The governance mechanism of Decred is purposely designed to deal with the current limitations and technical shortcomings of Bitcoin. Decred’s plans for improving the consensus layer, voting, and distribution mechanisms, are reasonably designed and can help to balance the interest between PoW miners, token holders, and developers. • Decred leaves some room for iteration, which together with its community self-governance can help ensure that this project is efficient in future competition. This project can stay active, reducing division and development delays resulting from internal consumption. Risk summary: Low • The liquidity will improve as DCR is listed on upbit and hubby.pro • Popularity remains at a steady level. The community is dispersed. Its telegram group has an average number of followers but the interactivity level is high. • No milestones of any sort are given. The team updates new features when development is finished. Before any completion is declared by officials, we can only assume development is in good progress.
NEO - Powering the Digital Smart Economy
NEO, formerly known as Antshares, has set out with the goal of initiating the internet’s first fully realized, “smart economy.” It is the first open-source, public decentralized blockchain platform cryptocurrency to originate from China. It was launched by a Shanghai-based company called OnChain. Aiming to act as a digital bridge for converting real world money - NEO's blockchain platform can represent; titles, contracts, assets and business concerns as digital tokens via smart contracts. The platform can then act as a digital marketplace, facilitating the exchange and settlement of financial value between virtual tokenized assets and real-world holdings. NEO, the native cryptocurrency, acts as form of network validation for assets and transactions on the blockchain. It can be used for new block creation, user management of the network, network changes and more. Amazingly, the network is potentially capabale of over 10,000 transcations a second, however this has yet to be achieved on their mainnet.
ChainLink ICO Review – Decentralized Oracle Connecting Blockchain with Outside Data
Most smart contracts that seek to mimic/replace securities, insurance and most other financial agreements, will require access to off-chain resources such as data feeds, APIs and any other sort of resource which exists outside of a blockchain network. Oracles are the necessary middleware that provide this access/functionality to Ethereum smart contracts. With oracles, it is possible to provide programmable contracts that do payouts between two parties once certain criteria have been met, without involving a middleman. Chainlink has developed oracles that can allow a smart contract creator a way to interact with different data providers, payment solutions, and the traditional banking system. Chainlink’s LINK Network is the first decentralized oracle network which allows anyone to securely provide smart contracts with access to key external data, off-chain payments and any other API capabilities. Anyone who has a data feed, useful off-chain service such as local payments, or any other API, can now provide them directly to smart contracts in exchange for LINK tokens. Chainlink supports Ethereum, Bitcoin, and Hyperledger. As Chainlink is a decentralized network, users can receive the rewards of decentralization, trust, and immutability from using Chainlink oracle.
ICON Post ICO Rating Review
ICON is a decentralized network designed to connect independent blockchains. The ICON network is based on a proprietary blockchain technology (an open source project supported by the Korean government). ICON developers claim that their main objective was not to simply connect blockchain nodes, but to conduct a profound research of community-to-community connectivity. ICON’s initiative was to create a protocol (or cryptocurrency) that could be used in the real world within and between actual communities. The ICON network can be broken down into three key elements: ICON network components, connectivity, operation. The idea is that disparate blockchain communities (capital markets, various institutions, etc.) could be connected to form an ICON Republic through a linking Nexus network. The ICON network operates on a loopchain that can facilitate real time transactions based on enhanced Smart Contract. The network will be integrated with ICON tokens (ICX). It is a loopchain-based smart contract digital protocol, which will allow ICON participants to facilitate, verify and enact agreements. ICON operates on loopchain with following technical features: - LFT (Loop Fault Tolerance) is an enhanced BFT (Byzantine Fault Tolerance)-based algorithm that promotes faster consensus and ensures the finality of the consensus without the possibility of forks within the network. - SCORE, loopchain's own Smart Contract platform, ensures contracts to run directly in the node operation environment without a separate Virtual Machine. - Multi-channel feature allows multiple independent channels to be created within the same blockchain network to execute request, consensus, and Smart Contracts separately. - Tiered access system to differentiate access rights to nodes with different functions
Verge: The Privacy Coin using Tor and I2P
Verge is another cryptocurrency that is trying to make its transactions completely private and anonymous. Verge makes its anonymity possible by building its blockchain on top of Tor and I2P services which serve to hide user’s personal data, such as their IP address and geolocation. Verge was originally launched as "Dogecoindark", a fork of PeerCoin. Verge is unique amoung privacy coins that they have a public ledger which lets people observe the network statistics while keeping the transaction Meta data private. They are also one of the few coins that use a combination of different PoW mining algorithms for blockchain consensus. Verge has faced difficulties including allegations of illicit pumps as well as having suffered a mining exploit. This attack was as a result of the unique consensus protocol. There have been some interesting partnerships with the likes of MindGeek being the most prominent. Verge tokens are quite volatile given the technological concerns. However, they do appear to have a relatively strong volume and reasonable volume to market cap ratio.
Dent Rating Report
Dent is a mobile data trading exchange for personal unused data, whose token serves as a settlement tool. At present there’s mobile APP on-line, but the users’ coverage area is not large enough and the demand of market is limited.
NEM Rating Report
NEM is an enterprise-class decentralized application development platform that uses the Proof of Importance algorithm. At present, the core technology development of the project is relatively complete, but the founding members have left the team one after another. Its use depends on the expansion of network scale.
Nano Rating - The Fast and Free Way to Pay
Nano, which launched in 2015 and was initially called RaiBlocks, is a trustless and low latency platform created for the settlement of payments. Its sole purpose was to offer instantaneous transactions while at the same time addressing Bitcoins scalability problems. Like other digital currencies, it seeks to eliminate the use of fiat currency. Its mission is to become an instant, zero-fee, and scalable currency over a decentralized network.
Zilliqa Project Analysis
Zilliqa is a new blockchain platform that is designed to scale securely in an open, permission-less distributed network. The idea of the Zilliqa blockchain was conceived in the Computer Science Lab at the University of Singapore, based on a paper written by Lui Loo, the cofounder of Kyber Network. To date, 2142 Dapps (Decentralized apps) are being built on top of the Ethereum Blockchain, aiming to attract millions of users. The current Ethereum Blockchain max transaction rate is approximately 15 transactions per second, which is obviously not enough to handle the expected transaction volume, even if only a few Dapps succeed. This situation is making Dapp developers seek off/on chain solutions. Zilliqa launched its second testnet and it’s about to launch its mainnet by Jan 2019. Their current transaction volume is 3,000 transactions/sec with 1,000 (4 shards) nodes in the network. With Zilliqa, as the number of nodes in the network rises, so does the number of transactions per second. With a network size of 10,000 nodes, Zilliqa will enable a throughput which matches that of VISA and MasterCard with much lower fees for the merchants (expected throughput is approximately 8,000 transactions/sec). The project is aiming to serve as an alternative, scalable and secure solution for Dapps to be built on.
ethlend - Democratizing Lending with Ethereum Network
Fully decentralized peer to peer lending Smart Contract on Ethereum block-chain for lending Ether by using tokens as a collateral. Borrow Ether by placing Digital Tokens on Smart Contract for collateral. Use any ERC20 Token.
Zcash - Analysis & Research report - CoinCheckup.com
Algo. score rating 4.5/5 (#5) 100% Open channels 100% Team Strength 98% Product Strength 100% GitHub Activity 77% Coin strength 80% Brand awareness See attached PDF Analysis & Research report for more details.
Monetha (MTH): Decentralised Reputation Management Platform
Monetha is a project that makes use of blockchain technology in in a decentralised reputation management platform. They are developing an Ecommerce platform where consumers and producers can safely transact with each other based on a verified reputation. It will also include a payment gateway for safe transactions. The main technology behind the Monetha platform is the Decentralised Trust and Reputation System (DTRS). This is built with smart contracts and it connects the merchants and consumers in a reliable way. There is an algorithm that will then determine the trust rating of each participant. These ratings are all publicly visible and immutable. Given that Monetha is reliably connecting the buyer to the seller directly, there are a number of unnecessary middlemen that are cut out. These include the likes of payment processors, credit card networks and banks. It is the hope of Monetha that these will cut down on unnecessary fees. There is also increased security given that the smart contracts can verify the payments were completed. Monetha is developing a mobile application where users can purchase the goods directly from the merchants. These merchants can then monitor and administer all of their sales on the Monetha payment gateway. They are based in Lithuania and was established in early 2017 by three founders. They decided in late 2017 that they wanted to develop a blockchain ecosystem with a utility token. Monetha completed an ICO that sold 200 million MTH in exchange for $37m. The MTH tokens are ERC20 tokens and they were issued on the Ethereum network. In September 2017 the MTH tokens hit the exchanges and have followed the broader crypto markets through late 2017 and early 2018. They are quite volatile though and over 94% of all volume is being traded on only one exchange. This means that they are relatively less liquid than comparably sized altcoins.
Insolar (INS): Platform Providing Blockchain as a Service
Insolar used to be known as the INS ecosystem. The INS ecosystem was originally envisioned to be a blockchain powered platform which would let consumers buy groceries directly from producers. The new initiative with Insolar is to develop a "Distributed Business Network" or more specifically a sort of a blockchain as a service. Insolar is being built as a unified solution that will allow businesses to develop their own blockchain solutions. They are doing this through the use of three key pieces of technology including Insolar Domains, Insolar smart contracts and Insolar clouds. Insolar domains will be secure and separate from other company domains on the network. Each domain will define its own management criteria and procedures. The rules created by each domain will determine how domain transactions and data are stored and carried out. They will also provide access to off chain blockchain oracles. Insolar contracts are broadly defined and can be anything from decentralized applications to oracles and aggregators. Insolar clouds are a set of nodes that are represented by the computing power and storage of the resource providers. The INS token will be used as a utility token for resource payments on the network. It is an ERC20 token and will be a proof-of-stake hybrid consensus method. There will also be a governance component that will be added with voting functionality. The Insolar team is based in Russia with members who have experience in financial services and other Russian start-ups. The team sold 30m INS tokens in an ICO that took place in December of 2017 taking in a total of $41.5m. The INS tokens hit the exchanges in early January of 2018. They have been very volatile although they do have stable sources of liquidity across four different exchanges.
Bytom - Analysis & Research report - CoinCheckup.com
Algo. score rating 3.4/5 (#257) 100% Open channels 47% Team Strength 73% Product Strength 75% Coin strength 50% Business strength 70% Brand awareness See attached PDF Analysis & Research report for more details. See https://coincheckup.com/coins/bytom for the most detailed data available on Ethereum.
Cardano - Analysis & Research report - CoinCheckup.com
Algo. score rating 4.1/5 (#33) 100% Open channels 100% Team Strength 88% Product Strength 100% GitHub Activity 80% Coin strength 90% Brand awareness See attached PDF Analysis & Research report for more details. See https://coincheckup.com/coins/cardano for the most detailed data available on Ethereum.
ChainLink - Analysis & Research report - CoinCheckup.com
Algo. score rating 3.9/5 (#63) 100% Open channels 66% Team Strength 63% Product Strength 100% GitHub Activity 86% Coin strength 50% Brand awareness See attached PDF Analysis & Research report for more details. See https://coincheckup.com/coins/chainlink for the most detailed data available on Ethereum.
Cryptonex - Analysis & Research report - CoinCheckup.com
Algo. score rating 2.6/5 (#937) 100% Open channels 43% Team Strength 63% Product Strength 20% GitHub Activity 73% Coin strength 50% Brand awareness See attached PDF Analysis & Research report for more details. See https://coincheckup.com/coins/cryptonex for the most detailed data available on Ethereum.