EdenChain: Investment Opportunity (powerful ICO)

in ethereum •  7 years ago 

Cryptocurrencies have drawn in a lot of investment interest. One of the key focuses is on ICOs as they provide a means to be an early investor in some of the most ground-breaking technologies. However, there’s presently an eruption of ICOs offering all kinds of products for virtually every industry. Given so many options, it can be challenging to pin down on a valuable opportunity. Conveniently, there’s plenty of data to provide guidance on what the market deems truly valuable.

In my compilation of the ROI of 200+ recent ICOs, you can see that blockchains have (high) positive ROI. Blockchains serve as the most successful category in the ICO space. And now blockchains are themselves building differentiations with an aim to target specific goals. Consequently, blockchains that are developing third generation advancements, aimed at scalability, are performing better than their peers. A new opportunity is arising: EdenChain.

EdenChain is already ahead of its peers as it has settled down several important partnerships. Its ability to smoothly hone partners is understandable; EdenChain isn’t aiming for a vague development that has a high through-put, instead this blockchain is being tailored as an enterprise solution: scalable; permissioned; secure; adoptable. These adjectives, if attached to any product, would make it highly desirable to enterprises, however, EdenChain is providing these benefits through one of the most important technologies of our time: blockchain.

This piece has a look at what EdenChain can be worth; a holistic view would involve what EdenChain’s peers have achieved and the overall outlook for an enterprise solution such as this.

EdenChain Valuation

Recent third generation launches are Zilliqa and Credits; EdenChain is an early-mover so there aren’t many existing competitors. A comparison with existing projects’ market cap can provide a good insight into the expected value of EdenChain.

EdenChain’s ICO hard cap places the project at 4% of Zilliqa’s market cap and 25% of Credits’ markets cap. The hard cap is $24 million and clearly undervalues the project (in comparison with its competitors). Additionally, EdenChain goes beyond just being a blockchain as its tailored for enterprise utility. Enterprise technologies are a major industry in their own rite. Corporations like Oracle and SAP are valued in the hundreds of billions and their core product line is comprised of enterprise software. EdenChain is providing the next major enterprise technology and it sits saddled to follow in the steps of the two enterprise software giants.

A Varied Service Range


EdenChain’s team has set sights on a varied pool of target companies; this is achievable since this blockchain is designed to be able to build marketplaces; its paving the way for being to able to attach a degree of monetizable value to anything. Consequently, the team asserts that this blockchain will be the enterprise solution for some of the most important traditional companies that target energy, healthcare, and finance. It is also aligned with the present and future needs of leading companies in the ad space, commerce, and IoT—EdenChain even has a focus on bringing efficiency and optimization to the ICO process through HelloEDEN.

The token metrics are quite good as despite 40% of the tokens being allocated for the public sale the hard cap is only $24 million. A good portion (15%) is dedicated to building future partnerships, another testament to the team’s desire of building something for the long-term.

EdenChain’s Essential ICO Links

🌐 Website: http://edenchain.io/
💡 Whitepaper: https://edenchain.io/wp-content/uploads/2018/04/EdenChain-Technical-Paper-v3-en.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3144036.0
💻 Telegram: https://t.me/edenchainio

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A great idea with burgeoning partnerships, basis in technology which has proven to be the most successful in the past and a very achievable Hardcap, EdenChain sounds like a very promising project.

EdenChain is offering a scalability solution combined with added security measures and a means to streamline its adoption. So yes, the prospect is very promising :)

Excellent post.

Your comparison to Oracle and SAP really puts things in perspective.

EdenChain sounds frightfully undervalued.

Glad that my analysis helped. This is perhaps the only blockchain that can be compared to major enterprise software providers, at least with a long-term perspective.

this is a good post for us thank you for sharing.

Glad you liked it :)
Thank you for the support

good

Glad you liked it!