Edenchain - review of the project ICO

in edenchain •  7 years ago 

Website: https://edenchain.io
WP: https://edenchain.io/wp-content/uploads/2018/05/EdenChain-Whitepaper_v1.2.pdf
Telegram: https://t.me/edenbounty

Eden-a new marketplace,unprecedented in size,covering the whole world.Eden solves such a problem as intermediary.In the current world ,all trade takes place through trading platforms,exchange markets,etc.The percentage from profit increased with each intermediary added to the chain of the acquisition process.Eden is going to remove the need for such people and organizations,creating worldwide blockchain network for trade through tokenization and programmable economy.Which fiatos and cryptocurrencies will the platform support?Each new participant is asked this question,and there are two answers:within platform all tangible and intangible assets that are traded on the platform will be transferred to the equivalent price of the number of tokens that will be traded inside Eden,and tokenize is likely to be possible any currencies.A programmable economy is an economy within the blockchain, based on the capitalization of tangible and intangible assets for free trade within the blockchain platform.The economy,based on the blockchain technology will bring many advantages,such as reducing time and costs for transactions,reducing prices by eliminating intermediaries,free circulation of the product,regardless of local needs or problems.It’s planned to issue one billion EDN tokens,with an initial price of $0.06 .
The company is aimed at 24 million dollars.
40% of the total number of tokens will be distributed for sale.
15% of the total number of tokens will be distributed between strategic partners of Eden.
13% of the total number of tokens will be distributed between founders and shareholders.
12% of the total number of tokens will directed to the needs of the development platform program.
10% of the total number of tokens will be left on the foundation that is turnover in the system.
5% of the total number of tokens will go to the bounty program and spending on marketing.
The last 5% will be distributed between consultants and members of the Eden team.

The project roadmap
In the first half of 2018,ICO was launched,alliance program was initiated,first developer meeting was held,alpha version of the ICO program of HelloEden was launched,a partnership with potential customers was concluded.
Also EdenChain E-Explorer MVP and Edenchain E-Edge MVP were developed
In the third quarter of 2018, the second meeting of developers will be held, a consortium for financing will be held, a partnership with the main blockchain networks will be concluded , an ICO HelloEden platform will be launched, EdenChain will receive a beta version, an alpha version of EdenExchange will be released and a digital wallet will be available.
In the fourth quarter, ICO will be held at EdenChain, a third developer meeting will be held, CleanDeal service will be opened, EdenChain will prove PoC,that is proof of concept or proof of platform operation.
The partnership with the largest blockchain networks will also be finalized. The OpenEdenChain test platform will be opened, the service for releasing coins will be opened, the opening of the EdenChain API will take place, it will be possible to create a mobile wallet.
At the beginning of 2019,the EdenChain ICO will still operate, a conference will be held, a fourth meeting of developers will be held, partnerships with the main blockchain platforms will be finalized , Eden also migrates to cloud technologies, E-Oracle Network will be launched, EdenChain will be optimized.
Thus, by the end of 2019 Eden will already be testing the platform on the blockchain technology and it will begin its migration to cloud services, this will make it even more accessible and fast. Also, users will have time to see the product in which they can invest and lay the start of the worldwide Eden network. Since Eden will be able to tokenize all kinds of assets and produce safe, less expensive and faster transactions, it can be applied in completely different industries such as Internet of Things, finance, general economy, game industry, ICO and many others.
The company is based in Seoul, South Korea.

Eden is an ambitious platform that can capture the entire trading market,or rather rebuild it and improve it, creating an independent ecosystem without intermediaries,at the same time,improving the efficiency of transactions and eliminating the need for intermediaries.

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