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ICO Review: EdenChain

edenchain ICO EdenChain is built for the enterprises of tomorrow – scalable, flexible, reliable and secured. Most importantly, Eden focuses on optimal resource management and security – a pragmatic approach to how businesses use blockchain.

Through hardware integration, EdenChain strives towards a balancing act between leveraging the strengths of public blockchains with transaction volume and security demands of enterprise companies.

ICO Overview
Dates:
MAY
Token Symbol:
EDN
Price:
1 EDN = 0.0600 USD
Accepting:
ETH
Type:
ERC20
Platform
Ethereum
Country:
Korea
Our Rating:
4.57/5


Tokenomics
Hard Cap:
$24M USD
Soft Cap:
N/A
Presale:
27%
Bounty
Min Investment:
TBD
Max Investment:
TBD
% Sold in ICO:
40%
% Held by Team:
18%
Total Coin Supply: 1,000,000,000 EDN
Lock Up Period: TBA
KYC: CHINA, IRAQ, USA can’t participate
Bonus Details: UP TO 20% (PRE-SALE)
Competitors: N/A

The Product:



EdenChain is a blockchain platform technology that can capitalize and trade all types of assets with the programmable Economy Platform technology. By using the blockchain Smart Contract, you can capitalize all tangible and intangible asset value into a Token (Tokenization). We use smart contracts to integrate real and virtual economies, creating a new and enormous economic system and programmable economy.

Programmable Economy:

1) It can lower transaction costs because there is no middle man.

2) It can redistribute the profits that the middle man has monopolized.

3) It creates a new market that has never existed through the capitalization of domestic and foreign materials, which potentially can enrich many peoples’ lives by returning the economic benefits back to them.

The Team:



James Ahn, Founder and CEO – CEO of DeepNumbers Inc.a machine learning company focused on the financial sector for a year. CEO at MHR Inc., a cloud computing company with openstack speciality, for 8 years. CTO at CyberRenassance Inc.

Alan Moonsoo Kim, Advisor – Founder and CEO of BeNative, a corporate language service, for 5 years. Founder and CEO of Smatoos an online news site covering the convergence of education and technology for 7 years.

Kangho Kim, Chief Strategy Officer – 10 years’ experience in the financial market. Partner at Byzantine Partners, an investment firm focused on blockchain technology, for 2 months. Portfolio Manager and Research Analyst at Franklin Templeton Investments for almost 6 years.

Roadmap:



2018 Q2
EdenChain ICO; Alliance Program; 1st Developers meet-up; HelloEden ICO Platform Alpha Version Open; Partnership with potential clients. HelloEden(ICO Platform) launch; EdenChain Alpha version; Wallet Alpha Version; EdenCoin Issuance.

2018 Q3
2nd Developers meet-up; Financial investment consortium; Partnership with major blockchain network. EdenChain Service Launch; EdenChain Beta Version; EdenExchange Alpha Version; Web Wallet Launch.

2018 Q4
CO on EdenChain; 3rd Developers meet-up; CleanDeal Service Open; EdenChain Real Service PoC; Partnership with major blockchain network. Testnet OpenEdenChain Platform Open; Custom Coin Issuance Service Open; EdenChain API Service Open; Mobile Wallet.

2019 Q1
ICO on EdenChain; Blockchain Conference; 4th Developers meet-up; Partnership with major blockchain network. Platform migration to Cloud; E-Oracle Network Launch; EdenChain Optimization; Mainnet Open.

Reviews
Ico Drops
HIGH INTEREST
ICO Bench
3.9/5
Track ICO:
4.1/5
Our Rating
Prototype:
3/5
Team:
5/5
Product:
5/5
Social:
5/5
Token Dist.:
4/5
Hype:
5/5
Communication:
5/5
Total:
4.57/5


Final Thoughts:



This will be one of the biggest ICOs of the summer, and probably all of 2018. The team is stellar, the product is one of a kind, and the hype is through the roof. What excites us most about this project is it’s ability to integrate decentralized blockchain solutions into real world commerce. This platform will allow secure interoperability between on-chain and off-chain services and fast speeds capable of scaling. We think this could be a great coin to add to your portfolio.



Links:


Website: https://edenchain.io/
Whitepaper: https://edenchain.io/EdenChain-Technical-Paper-v2-en.pdf