Hi guys! Crypto winter is already over and I got back with my reviews of new promising projects.
Summary
Project name: DeepCloud AI
Hard cap: 3 000 000 $
Token type: BEP-2
Hype level: Medium
Project Overview
What does the company/project do?
DeepCloudAI is building an AI-driven decentralized cloud computing platform for running
decentralized applications, specifically - IoT and Web 3.0 dApps. The platform will provide a fully
functional marketplace for computing and storage resources for companies and individuals -
enabling them to share their excess capacity via decentralized cloud.
How advanced is the project?
At this moment private MVP is launched (Huron Release) and team is working hard to deliver more releases in the near future. According to their roadmap development of the platform will be going till the end of 2020.
Opportunities
- the project has strong and experienced team, advisory board also has deep experience in cloud computing and other related fields
- DeepCloud AI has has a lot of enterprise partners on board that demonstrates good business skills of the team
- hardcap of the project is very reasonable especially compared to market caps of its direct competitors
Concerns
- the project has been under development since 2018 but the team still hasn
t shown a lot of progress in tech development and its unclear when the platform will be launched - there are a lot of strong competitors in the space both centralized and decentralized, so it will be not easy for DeepCloud AI to overcome them
Conclusion
Short term potential: Good
The project has relatively low hardcap and I think that in the current bull market it`s token price has good potential for further growth.
Long term potential: Neutral
Relatively long roadmap and severe competition in the space create risks for development of the project in the long term.
For more information about the project, please visit the following links:
Website: https://www.deepcloudai.com
Telegram: https://t.me/deepcloud_ai
Twitter: https://twitter.com/DeepCloud_AI