Uranus ICO Review

in uranus •  6 years ago 

Uranus is a popular shared platform aimed at becoming Airbnb and Uber for computer resources, allowing the extended computing services range beyond the conventional public cloud. By connecting countless people who contribute computer and user resources, the project Uranus empowering the excess resources in the world. By setting up a publicly extended blockchain and an innovative supply container technology to provide effective calculation services, all users will receive effective calculation services, cost savings and non-centralized.

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1, Information

Uranus is a group coming from China. It's an impressive name for me, it means that the primitive God of the sky, is the symbol of hope and future in Greek mythology, brings light and power to every corner of the world.

Ticker: URAC
Token type: ERC20
Fundraising Goal: 14,200,000 USD (35,000 ETH)
Total Tokens: 3,500,000,000
Available for Token Sale: 35%

Website: http://uranus.io/
Telegram: https://t.me/Uraners
Github: https://github.com/Uraners
Twitter: https://twitter.com/Uraners
Facebook: https://www.facebook.com/Uraners

2, The technology of Uranus

The Uranus system aims to provide a platform based on the right blockchain for sharing existing common computing power, flexibility and pay-per-demand you use and support self-catering users. The goal design that the Uranus platform is to pursue is:

Autonomy system, non-lock provider
The most amazing user experience
Flexible and paid according to your usage needs
High Capacity and scalability
Full support for the original cloud
System architecture

The Uranus system is building a simplified operating platform IaaS & PAAs non-centralized including:

Urablock
Management Tools Uranus
Uratiler
Access ports

However, nothing apart from only listing them out in their whitepaper.
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3, Team

The executive team of Uranus has experience in both science and cloud computing. In addition, they also have expertise in leadership, technology facilities and company-initiated. The operating team has a profound theoretical knowledge and averages 20 years of actual experience in the cloud computing field. They founded many of the products that have successfully produced the top 20 Chinese corporations.

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Supported by a powerful team experienced working with cloud computing technology is a strong point for the success of Uranus. The team, also the CTO for other projects. They have at least 6 years of practical experience in development and successful application of consensus algorithm developed by the public blockchain, evidence of work and development of intelligent contracts.

The whole experience of that group is automatically linked to the project in their social media accounts. The name of the company is transferred from the Chinese cloud Computing Co., Ltd. as the ubicom platform and eventually into the Uranus platform.

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4, Advisor
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The mentors are an essential part contributing to the success of a project, in this case, Uranus has proven their future promising points with really strong mentors. However, none of them mentioned Uranus in their media records, which is a question for investors.

5, Roadmap

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Stage 1: Community version V1 2018/Q3: Uranus will release the community version, in which users can register their own computer equipment and use a small number of applications that have been authentic.

Phase 2-Stage 4: Community version V2, V3, V4 2018/Q4-2019/Q1: Released three commercial versions that support from 100,000; 500,000 and 1 million users respectively.

Stage 5: Ecological version V5 2019

6, Challenges and Opportunities
The recent time is the first step for Uranus to gain more achievements in the future, which are both opportunities and challenges.

Challenge

Whitepaper is the soul of a project, in this case, Uranus has prepared unwary and lack of professionalism. It has some spelling errors, although it is misspelled with 63 pages, with non-professional formatting and style. Uranus is in the process of developing their projects, even the token standards have not been disclosed, besides the questions about the partners/investors.

Their Github still has nothing but I can understand this is probably because of security.

As a guest rating, I see their roadmap is not really clear.

Opportunity

Uranus is supported by an experienced and highly specialized team that is their advantage for future success. They really have experience working with cloud computing and are people working full-time for Uranus. Community members who are interested in Uranus are more and more (Telegram). Their ideas on building their own blockchain, with smart contracts and smart consensus algorithms are very promising in the future. Their website and whitepaper are designed in three language: Korean, English and Chinese, convenient for readers.

The idea of mist computing/boundaries with cloud computing is not the new technologies but is still promising. They have listed the limitations of the current cloud computing platform and provide solutions. However, Uranus does not mention anything about the innovation of their blockchain, with how much transactions will have. Everything only available on whitepaper; As I mentioned in the previous section, whitepaper is the first criterion that investors read, so create it properly, professionally is a wise option. There is no information about token metrics, if the high hardcap, we should put out the question about the ambition of Uranus, otherwise, I think this project should be considered. However, this is not an investment tips, so let yourself research and make decisions wisely.

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