Tokensale info courtesy of ICO Drops
Ticker: SKM
Token type: ERC20
ICO Token Price: 1 SKM = 0.0376 USD (0.00006 ETH)
Fundraising Goal: 12,000,000 USD (20,000 ETH)
Total Tokens: 1,500,000,000
Available for Token Sale: 26%
Whitepaper: 36 pages
Project Summary:
Messaging platform to decentralize servers and store messages
Intends to scale to 1000TPS
In 2016 Telegram has about 15,000,000 messages from 100,000 users
(17,361 tps) [source: https://telegram.org/blog/15-billion]The userbase in 2018 stands at 200,000 users (source:
https://telegram.org/blog/200-million)
Token Utility:
• Used to buy premium services such as large file uploads and video
calls
Thoughts:
• Scalability needs to come before people will adopt such a platform
• The concept is noble but using blockchain to store data will
ultimately bottleneck tps
• A better implementation would be some sort of DAG implementation with
gossip protocol rather than a blockchain solution.
Disclaimer: This is not investing advice and simply my personal thoughts
and opinions. I am not liable for any decisions made from this post. I
am also not affiliated with any investment or advisory firms and do not
engage in activity with such entities.
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ETH: 0xa0b9Ec81eC4dcb269D5cc27E717bb967c441233e