There are Quite a few reasons why I think Edenchain is next big thing in crypto and why I am bullish on Eden for long term
Lets check each factor one by one to justify the claim
Here we will see
- Roadmap Analysis
- Partnerships at a glance
- Meetups,Hackathons,Conference-Part of global expansion and Business development
- Comparison with other blockchain Projects
- My reasons to HOLD Eden for long time
Roadmap Analysis
What i like about Edenchain is they are sticking to the roadmap.
Lets have a review of what happend till now and check the progress of Edenchain
They conducted ICO in a very successful manner.
Highlights were
-Tokens were distributed and sold keeping strategic value and geographical distribution in mind
- Very low bonus
- Zero dollars spent on marketing
- Linear token release on exchange listing to prevent dumping
- No public pooling for pre sales ( Most of the pools were refunded )
Partnerships are happening at a fast pace which I really like.
Edenchain is adopting Blue Ocean strategy where they want to collaborate rather than compete so that it can pave way for mass adoption.
They are colloborating with both local and international companies and associations
Some notable partnerships
1) Partnership with Across Asia Alliance
Edenchain signed an MOU with Across Asia Alliance, to strengthen cooperation with partners to promote the use of blockchain technology for companies.
Across Asia Alliance is a huge network of 21 incubator/accelerators with 780 traditional startup companies with proven business models and growing revenue streams.
2) Partnership with ROA Invention Lab
Through this partnership, ROA Invention Lab will actively introduce prominent companies under their accelerator program to develop DApps in EdenChain’s ecosystem. EdenChain will provide the member companies of ROA Invention Lab with EdenChain platform to conduct Reverse ICOs.
3)Partnership with Ditto Music
Ditto Music is a UK-based online music distribution company, distributing music to 160 digital music stores, including iTunes, Google Play, Amazon, VEVO, eMusic, Spotify, Beatport, and Rhapsody. It is a fast-growing and award-winning distribution and label services company that works with over 150,000 artists and in 2018 released Top 40 albums and singles for artists such as Dodie, Dave, AJ Tracey, Yxng Bane and many more. With more than 20 worldwide offices, the last 12 months has seen a rapid expansion for Ditto Music.
- Ditto Music plans to create two exciting use-case on blockchain to revolutionize the music industry
- Enable the tokenization of artists
Through this You will be able to own a token of the artists that you support!
This is what is called programmable Economy -Vision of Edenchain - Toeknising Tangible & Intangible assets. By this musicians can sell their skill,make it tangible asset which is not possible the other way .Hope this helps in understanding what is Programmable Economy.
4) Partnership with Spatium
Spatium is a dual software and hardware solution for cryptocurrency users that provides exceptionally secure and functional platform for storing and managing crypto-assets, and puts users in direct control over their data through the decentralized blockchain. Spatium will become a financial ecosystem that will control no customer funds and will provide a range of financial services, including a P2P exchange and a portfolio investment platform.
There are more partnerships happening than we can see on their official website . Team is tirelessly travelling making partnerships during conferences,meetups,hackathons,Developer meets etc.
Notable meetings include NEM,Tomochain,Quarkchain which we speculate they are working on something which might become official later.
Meetups,Conferences Hackathons :
On a mission to be GLOBAL
-Meet-up with NEM in Seoul
-Meet-up in Zurich
-Trip to Switzerland
-Meet-up in London
-Establishment of a R&D center in Vietnam
-1st Eden summit in Seoul (clear goal to set up regional offices in Singapore, New York, San Francisco, London, Malaysia,
Dubai, China, Moscow, Japan, Australia and Mexico by Q1 2019)
This is a clear indication of the vision of Edenchain in Blue ocean market strategy and global presence.
They are on a spree to set up offices throughout the world through which they can colloborate and support businesses locally.
They are going to recruit more than 20 Business development Managers shortly to make it happen.
4) Comparison with other blockchain Projects
Current Marketing gimmick is High TPS.
What will you call a vehicle which goes at a speed of 250km/hr but has no brakes (Security ).
What is the use of saving in banks where there are high chances of burglary ( No privacy )
This is the case of existing and new gen blockchain. Either they are too slow ( performance), less scalable, High TPS but no security or scalability.
when it comes to Enterprise adoption of blockchain there are many factors which hinder the adaption.
They are security, Low expenditure, technical prowess.
Edenchain will help enterprises to overcome this hurdles and adopt blockchain creating new economy.
Factors pushing Edenchain ahead of other blockchains are as follows
The confluence of security, scalability and ease of adoption will enable Edenchain to achieve our vision of creating a programmable economy.
Why I will hold Edenchain for long term:
-Crystal Clear Business plan & Roadmap
-Clear Revenue Generation Plan
-Highly influential and Hardworking CEO
-Huge plethora of Advisors various industry backgrounds and connections
( Edenchain’s advisors include Benn Godenzi (Co-founder of Interoperability alliance), Mirza Uddin (Two Sigma, largest quant fund, Young Choe (CTO of Pax Datatech) among others.)
**Check out here **
-Strong tech providing scalability,security and adaptibility
-Korean Government support and backing
-Masternodes
-Deflationary model after 2020 ensuring token value and price increase
-Huge scope for ROI – With 1 billion fixed supply and 400 million circulating supply potential of 30X-50x based on comparing other stalwart competitors like Neo,Icon,Eos
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With Love,
Mohammed Lukmon
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