Taraxa ICO Review

Taraxa

Democratizing IoT data with infinutely-scalable concurrent contracts

Taraxa Score



Taraxa claims to be “Democratizing IOT data with infinitely-scalable concurrent contracts, trustless light nodes, and encrypted data markets on top of block lattice”. They are a NANO fork planning to create a smart contract platform utilising DAG(Directed Asychlic Graph) structure.To put it in simple terms they are trying to become a mesh between Ethereum and NANO. It could become the next scalable platform for dapps.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– The team is very tech oriented and contains many specialised experts, however it lacks marketing and management staff. – Likewise the advisers are also very technical. Big names in advisory team are Mamoru Taniya (founder of Asuka Asset Management) and Bo Shen( the cofounder of Bitshares). – Great concept, checks all the ICO DOG check boxes. – They are planning to combine all the advantages of NANO and ethereum to come up with a much superior solution to both.

red flags

ICO Token matrics and details : Yet to be announced. Will update this as soon as more details are announced. – No mentioning of token price, hardcap, general lack of Token economics. – No MVP

Taraxa
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Professor Herlihy is the An Wang Professor of Computer Science at Brown University (CEO was also at brown), Professor Herlihy holds a PhD in Computer Science from MIT. Bo Shen: one of the earliest blockchain entrepreneurs and investors in the world and a co-founder of Bitshares and Fenbushi Capital. Yanfeng Chen: Yanfeng is an experienced entrepreneur and technologist in blockchain and IoT.

TEAM SCORE

Unknown

Founder: Steven Pu Co-founder of Master He, Standford Uni Vikram Saraph: Distributed computing, software concurrency, Ethereum hacker; Facebook. Dr.Ilja Honkonen : Distributed computing, space weather modeling, Ethereum & IOTA hacker; NASA, Professor Paul Gazzillo: Programming languages, security, systems; Google, Bloomberg, Willem Wyndham: Programming languages, compilers, security, WebAssembly and Bitcoin hacker; IBM

HYPE SCORE

Unknown

Not much hype, but a lot of influenceres love this project, telegram is growing very quickly.

TOKEN SCORE

Unknown

Very little info on token metrics, massive amounts of tokens.

CONCLUSION

Depending on the final token metrics this could very possibly be one of the best investments of 2018. We will need to wait for more information , theriwhitepaper is well writen and very technical, however we could not find any MVP. So currently this is a whitepaper ICO.

6.9

ADVISOR

6.6

TEAM

4.4

HYPE

4.6

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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