Essentia (ESS) ICO Review & Analysis — Essentia ICO Review — Pick A Crypto

in ico •  6 years ago 

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Hallo .. Friends meet again with me, this time I will invite you to join Essentia project, where this exchange site is very promising for those of you who are interested to invest your funds in ICO sales they do.
If you are interested in joining the project or you are interested in joining their project, it is a good idea to read reviews that can help you get information that might help you in viewing their mission vision during their project
Here's the review !!

Essentia is a masternoded multi-chained set of protocols connecting centralized and decentralized resources to create new powerful interactions and experiences.

Essentia is a modular decentralised interoperability and data management framework. Although it may sound complicated, it’s composed of two main components: Essences and Synergies

In Essences, entities own their data, interlinking them across multiple services. They can be of individuals, companies, groups or organisations, effectively creating decentralised internet users, making interoperability between them also possible by subIDs, permissions and self-triggering, information related, smart contracts.
Synergies are the connective tissue of operations. They link different platforms, resources and modules together for them to be able to interoperate.
Developers can build on top of them and users can pay for leaner, more powerful and efficient applications on the Essentia framework that run across all the best technologies around the globe, opposed to a single one.
“Your data. Your property. Take the power back and regain control of your digital identity and freedom. One secure seed. Countless applications. Essentia is the key that unlocks your decentralized web experience.”

Positives

The Essentia Team Is Quite Possibly One of the Best Teams We’ve Seen in an ICO in 2018. The Project Lead, Matteo Gianpietro Zago, Has Worked with Fortune 500 Companies Such as Uber, Alphabet, Facebook, Tencent and More. The Advisory Board Boasts Experience with Companies Such as Motorola and Projects Such as Quantstamp and ICON. Essentia’s Website Shows a Team of 29 Members Which Is a Great Amount for a New Project or ICO.
Essentia Is Putting Data Back in the Hands of the People. We’ve Seen Plenty of Projects Look to Do the Same Thing, but Essentia Already Has Integration with Projects like Gnosis, Ethereum, Status, Aragon, Kyber and Many More. Dapps Across These Platforms Can Take Advantage of Essentias Technology with Complete Interoperability. This Puts Essentia Way Ahead of the Rest, Even Before Their ICO.

Investors Should Understand That Essentia Is Creating an Incredibly Complex Platform Made to Make Things as Simple as Possible for the End User. Due to the Complexity of the Platform, Regular People Who Aren’t Necessarily Tech Savvy Will Find It Very Hard to Understand the Majority of the Whitepaper. This Isn’t a Concern for Essentia as a Platform but Something Investors Need to Understand Going Forward. The Website Does Offer A Simplified Explanation For Those Who Don’t Understand The Whitepaper.
Although Essentia Boasts Around 17,000 Twitter Followers at the Time of Writing (May 13th, 2018) and Has All the Major Social Media Channels Linked up, They Haven’t Really Made Any Noise Leading up to the ICO. We Only Found out about the Project Due to Various ICO Calendar Sources. It’d Be Great to See Essentia Put More into Their Marketing, Especially with Their ICO so Close.

Their future roadmap is the following:

Q2 2018 - dApps integration, Beta ESS framework, start developing ESS for government and enterprise, Alpha release of Keyware.

Q3/4 2018 - Alpha ESS token layer, ESS Framework Beta 2 and 3, Launch ESS ICO Launchpad, Cross-chain Modules, Mobile App Beta, Hardware rollout (Keyware, Eggs, etc), dID beta, Launch enterprise and government solutions.

Q1/2 2019 - d’ID rollout, ESS Token Layer complete, Cross-chain operability complete, mobile app stable release, ESS-OS release.

Q3/4 2019 - Resource sharing, distributed computing, decentralized ESS framework.

Conclusion


Overall, we like both the flipping and long-term potential of the ICO. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:

For flipping

Good. There are very few blockchain projects with a functioning product on the Ethereum mainnet. Partly because of this reason, the project was able to complete the presale and raise $23.5 million in around one week. There will be $2 million available in the crowdsale. As such, this project should have plenty of unmet demand.

For long-term holding

Good. Should dApps become mainstream, we believe Essentia will be one of the major platforms to benefit from the trend.

In addition, the masternode mechanism encourages token holders to stake ESS tokens, reducing the velocity of the tokens which in turn increase the scarcity of it.

For more information about the ICO, please visit the following links:

Website: ​https://essentia.one/

Whitepaper: https://essentia.one/whitepaper_draft.pdf

Blog: https://blog.essentia.one/

Telegram: https://t.me/essentia_one

Github: https://github.com/essentiaone

Author:
My Username bitcointalk: huyng3008
My Url bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1543271
My eth address: 0x09F71Fbb0aed9B84559eCFc60f50EaEc77c6CdC8

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