Edenchain is a project that has garnered significant public attention and is well positioned to overtake incumbents such as Ethereum, Neo, EOS and ICON. Edenchain was designed for enterprise users in mind and will be the platform that can help speed up enterprise adoption of blockchain technology.

https://edenchain.io/

Let's talk about Edenchain and why it is so special.

Edenchain, a permissioned blockchain that is scalable, reliable and secure

What does all of that even mean?
Permissioned: Edenchain balance the trade-offs between a public blockchain like Ethereum, which does not scale well and lacks security in transmitting data between on-chain and off-chain data. Enterprise users are very unlikely to adopt public blockchains because they need to use data from external sources, and public blockchains lack the security for them to do so.

Scalable: The team aims to achieve 1000 TPS per namespace, and using Edenchain's namespace technology, they can have an infinite number of namespace, processing transactions in parallel. This allows Edenchain to scale easily to meet the demands of each company, without wasting too much computing resources on running nodes. Why do you need a blockchain platform that provides you with 1mil+ TPS if all you need is 3000TPS? Minimal waste of computing resources, and ideal for enterprise users of all sizes.

Reliable: All transactions are processed on a first-in, first-out basis. The transaction fees are fixed, so there is no worry that transaction fees will soar during peak usage. This reliability and predictability suit enterprise users who need certainty in fees and also on when the transactions will be processed.

Secure: Data stored on the blockchain is secured, yes, but what is less discussed is security between external data and data on the blockchain. There are a lot of avenues which an attacker can intercept and modify the data. Data can be intercepted when it is being transmitted from the external database into the nodes, or from the nodes onto the validation layer. Edenchain elegantly combines the usage of cryptography (HTTPS, ECC-TC) and hardware solution, (Intel processor SGX enclaves) and e-oracles to ensure that integrity of data sent from the external sources is preserved.

This culminates in the E-Bridge architecture designed by Edenchain, which provides trusted connectivity between on-chain modules and off-chain modules. Data reliability is guaranteed to be reliable through use of Median Voter Theorem, and data transfer is reliable because of HTTPS and ECC-TC encryption.

Team: Well-rounded team, with the relevant experiences across sectors

Developers - 4 core developers (James Ahn, Jenny Ryoo, Hokyun Kim, and Brian Park) with over 70 years of experience in high technology development, and have continually been at the forefront of groundbreaking technology. They have shown the ability to adapt to new technology and this is where their years of experience becomes an asset. They're not just some fresh graduates from ivy league schools with no business experiences. They have been working on projects for the Korean government and large corporations in Korea, helping them to optimize their use of computing resources and adopting new technology to make their services more efficient.

More information about the developers is available here: https://edenchainio.wordpress.com/2018/04/13/an-opportunity-to-get-to-know-more-about-our-founders-and-core-developers-2/

Management: Kangho has been added as a Chief Strategy Officer and he brings with him, a wealth of experience as a portfolio manager for Franklin Templeton, overseeing their strategy and management of fixed income, derivatives and alternative assets. He is also a member of the Society of Blockchain Developers in Korea.

Business development: Recently, the team has added several new team members to develop Edenchain's businesses globally. HJ Moon has been appointed as the Chief of Business Development, overseeing the overall business development strategy for Edenchain's global ambition.

Richard Jahnke is a Silicon Valley-based Venture Capitalist and brings with him more than 16 years of professional investment management, research and deal experience across the broad Technology sector. He will be in-charge of developing Edenchain's business in Europe and in the U.S.

The team has also delivered on their promises to grow aggressively, evident from the recent signing of the MoU with Across Asia Alliance, which has more than 21 VC firms and 780 traditional startups in their network! Edenchain will be leveraging on this network to pitch to the 780 startups to conduct reverse ICOs and provide them with ICO advisory. It is interesting how the market has not realised how huge this alliance is!

Read more about it here: https://edenchainio.wordpress.com/2018/04/20/edenchain-signed-mou-with-across-asia-alliance/

Financials: Token metrics

The basic information about token distribution are as follow:
Total supply: 1billion EDN
Hard cap: 24 mil, for 40% of token sold
Price per token: 0.06USD per token
Bonus for presale: 10-20%
Lock-up period: All tokens are distributed over 5 months

Supply of Edenchain Tokens
The interesting part about tokenomics for Edenchain is their hyper-deflation model, where a portion of tokens used in transactions will be burnt, reducing total supply of the tokens significantly over time. This indicates that the supply of tokens will gradually decrease over time, resulting in an appreciation of token value due to scarcity.

Edenchain also features masternodes, which will lock up a significant portion of token supply. More details on the masternodes will be announced in 3Q2018. The use of masternodes further reduces total circulating supply of tokens, creating further scarcity.

Demand for Edenchain Tokens

Besides masternodes, which locks up supply and drive demand for the tokens, there are several other demand drivers for Edenchain Tokens.

• Transaction Fees - Incurred when transactions are made
• Exchange Fees - Incurred when users trade tokens on Eden Exchange platform
• Service Deposit - Deposit paid by service providers to use the EdenChain Platform

Over time, we expect to see that the demand for tokens will exceed the supply of tokens. It's not hard to imagine what happens to price of Edenchain Tokens as demand increases and supply decreases!

Token Distribution:

Overall, Edenchain delivers a comprehensive and elegant blockchain solution for enterprise users, and it will be very quickly adopted by large enterprises and startups.