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Analysis Of ICO Projects From Tokenbox

Published 09/13/2018, 07:03 AM
Updated 07/09/2023, 06:31 AM

1. Aergo (Hong Kong)

Aergo, according to its creators, is in the process of building a fourth-generation blockchain-platform, which differs from the previous three not only in terms of scalability and speed, but also its focus on priority for business customers. The main value of the platform is its functionality of customising applications in the cloud, with the option of choosing which network to use - private or public.

Aergo functionality supports SQL and allows you to connect to corporate accounting systems (for example, Salesforce or SAP) and translate all data into a cloud blockchain in one click. Two other elements of the ecosystem, Aergo Hub and Marketplace, will offer decentralized hosting services and trade processing power. Aergo chose not to use ether and gift the world with another blockchain with DPOS-consensus and a utility-token; master nodes will be credited with Aergo coins in accordance with the extent of completed computing work.

Aergo’s mother company called Blocko has 48 employees, 70% of whom are developers. 5 programmers and 5 marketers moved to Aergo and formed the backbone of the startup team. The project is headed by Phil Zamani, a salesperson with a strong background in the form of experience working on the leadership positions of Deutsche Telekom (DE:DTEGn) and Linux. The technical director of Hun Young Park spent more than two years at the corresponding post in Blocko, and it was his team that started work on Aergo.

It is worth noting that most of the technologies behind Aergo come from Coinstack, a private corporate blockchain network created by Blocko. This platform is currently used by 40 companies, including Korea Exchange, Hyundai Motors, Lotte Card, etc. Taking into account genuine needs of corporate clients, the company created Aergo in order to automate the mechanics of the business transition to the blockchain. The success of Coinstack in the corporate world inspires hope that Blocko will be able to repeat its achievement, but on a much wider scale with an evolutionary version of its product on the blockchain.

In early September, Aergo completed their private sale, wherein the project managed to raise $29 million out of $32 million that was planned for. The remaining tokens are likely to be distributed by airdrop in September/October, with a limit of $50,000 per person. Details on KYC / AML will be available on the Aergo website soon.

The use of blockchain technology in the business sphere is rapidly gaining momentum. Large technology companies, such as Microsoft (NASDAQ:MSFT), IBM (NYSE:IBM) and SAP, have already developed blockchain products specifically for implementation in the business environment. Products such as SAP Cloud, Cloud Blockchain Services, which recently entered the market, can be seen as potential competition.

Aergo offers a product that combines the best of private and public blockchains in one. Opportunities, including interoperability and ease of integration, make AERGO a strong competitor in the field of solutions for the development of corporate blockchains.

The recommendation of the Tokenbox team is to participate in the Airdrop.

The estimation of the project from Tokenbox is 7/10.

2. nOS (China)

Neo Operating System (nOS) is a virtual operating system, a web browser and an application store with access to a new, decentralized Internet. Applications work transparently and openly, your data is secure and only those applications you approve are accessed - that's how developers describe their system.

nOS puts the principle of transparency at the core of the operating system. Thanks to its vision of a decentralized Internet, nOS strives to give users full control over the data that they share on the Internet. To do this, websites and applications place their content in an open and decentralized manner, using NEO Smart Contracts, providing users with full transparency about what happens to their data.

As for dApps, end users only need NEO GAS to perform tasks on the system. nOS automatically converts GAS to the equivalent amount of NEP-5 tokens required for any transaction or smart contract. As in EOS, nOS puts the main emphasis on privacy of data. Developers understand that in terms of usability in the coming years nOS is unlikely to become comparable with Windows and Mac, so mass audience is out of the question. But fans of confidentiality and privacy, which is becoming more and more popular, may be attracted to the idea.

The platform will use the standard NEO Nep-5 (similar to ERC-20) to create smart contracts and write dApps, developers will have access to APIs and tools that simplify the creation of applications. nOS will be available in versions for desktop, smartphone and tablet. While EOS (like Tezos) prefer anonymous development and testing, nOS followed the Android trail and fully opened its code. This has borne fruit: there are more than 1000 commits and add-ons in the nOS branch in Github, and the project already has an MVP and can run test applications on NEO.

Holders of nOS tokens, in addition to the opportunity to make money on resale, will get the right to vote on the platform and the opportunity to choose the new dApps. Although there is very little information about nOS ICO in the public domain, part of the HYIP can be explained by the composition of the project team: Dean van Dugteren, creator of NEON Wallet (wallet NEO), Jeroen Peeters (founder NEOBlog), and other key figures from NEO are among the top management of the new company. Behind the project is a strong team from "City of Zion"

Tokenometrics

The exact date of the nOS ICO has not yet been announced, but, according to insiders, this will be the end of September 2018 after the crowdsdale of NEX, the second major project from NEO.

Information about the Hard Cap and the cost of the token: TBA.

Summarizing, nOS is a highly anticipated project offering a virtual operating system and gateway for decentralized Internet. While the news about the ICO has already spread widely throughout the crypto world, the team still has to publish a document that outlines the real nature of the project.

The recommendation of the analytical department of Tokenbox is to invest in the medium term.

Estimate of the project nOS - 8.5 / 10.

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