Constellation Labs ICO Review

Constellation Labs

An Unbounded Blockchain with Microservices

Constellation Labs Score



Constellation is building a fault resistant, horizontally scalable, distributed operating system that can implement full nodes as a mobile client. It employs asynchronous ExtendedTrustChain, Proof-of-Meme consensus model, smart contracts with a microservice architecture to allow highly available services to be chained and composed into distributed applications with just an understanding of each microservice’s SLA and/or signature.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Working MVP with demo video, the test net will be live in July. – Token will be distributed within two weeks after the private sale completed in Mid Jun. – Reasonable hard cap ($33.69 Million) for blockchain infrastructure project. – 4 year token lock-up period for founders and team. – 2 years token lockup period for advisors. – Developed their own community portal to incentivize community support and developers.

red flags

– Road map is only up to July 2018 when test net goes live. The subsequent timelines will only be published after the token distribution. – Test-Net code will be only published after the test net is live in July. – The project adopted the similar technologies as Hashgraph such as DAG and gossip protocol. There is a potential competition of them.

Constellation Labs
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Medium

Some of the advisors have relevant experience in crypto.

TEAM SCORE

Medium

Although team does not have all star blockchain developers, but they all gained experience from the past project Rakugo.

HYPE SCORE

Low - Medium

Not much hype on this project, probably because there is no public sale and team didn’t put much effort on marketing.

TOKEN SCORE

Medium - High

Total 4 Billion token supply, and there will be on 11% circulating token before the main net launch 30% of the token sold in private sale 4 years lockup, 12-month cliff for founder and employees 2 years lockup, 3-month cliff for advisors

CONCLUSION

This project is trying resolve the similar existing blockchain issues that Hashgraph is trying to do, but they would have different market as Hashgraph is positioned more for enterprise. The private sale has been over subscribed by $30M which shows great market demands, and since there is no more public sale (only airdrop for the community), we believe it will perform well after the exchange listing.

5.8

ADVISOR

7.2

TEAM

4.8

HYPE

6.8

TOKEN

3g

CATEGORY

All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).

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