What is Elrond Network?
Elrond introduces a novel blockchain architecture which goes beyond state-of-the-art and is designed for practical scalability via Adaptive State Sharding and Secure Proof of Stake (SPoS). On the one hand our solution offers scalability while preserving security and decentralization; on the other it ensures large scale efficiency and sustainability by eliminating intensive PoW energy and computational waste. Last but not least, we believe interoperability to be instrumental for the future of the blockchain ecosystem, hence we design Elrond to be EVM compliant and cross-chain interoperable.
What are the value drivers behind the token price of ERD?
The main value drivers behind ERD are the underlying technical solutions, such as Secure Proof of Stake and Adaptive State Sharding. The Elrond ecosystem consists of multiple different layers that add value to users of the ecosystem.
Elrond Network ICO Review and Analysis
Review and analysis of Elrond Network by ICO analysts:
Strengths
- The project has attracted a lot of industry experts as advisors and has strong technical team to reach the milestones of the project
- The written marketing materials of the project seem professionally crafted and are visually pleasant, especially the pitch deck
- Community support is pretty good with 10.6k Telegram members and 1.2k Twitter followers
Potential concerns
- The allocation of tokens for advisors, team members and company reserve is 40% of total tokens, which is a little on the higher side from potential investor’s point of view
Elrond Network ICO Rating: A
Elrond Network rating breakdown by ICO analysts - Learn more about the rating and grading here
| Rating category | How to evaluate | Rating |
|---|
| Team legitimity | How experienced is the team in terms of blockchain and project industry track records? | 3.9 |
| First Impression | What kind of first impression the ICO website and whitepaper gives? | 4.25 |
| Potential of tokenization model | How appealing is the token from both project business and ICO investor's point of view? | 3.6 |
| Hard Cap | Is the hard cap of the ICO appealing from investor's point of view? | 4 |
| Token allocation + Fund allocation | How are the tokens allocated after token generation? How are the funds raised from the ICO going to be distributed in moving forward with the project? | 2.75 |
| Professionalism of the available material | How good are the marketing materials of the ICO? | 4.1 |
| Realism of the roadmap compared to the team size and budget | The roadmap is divided into 4 tiers according to different amounts of money raised | 3.8 |
| Partnership network | Has the ICO announced partnerships, if so how big and credible companies are they? | 2.75 |
| Background of the managing organization | Has the managing organization a successful track record in business? | NA |
| Size of social media communities | How big are social media communities, especially Telegram and Twitter following? | 3.75 |
| Reviews on other ICO sites and media | Are there other reviews of the ICO available? | 4 |
| Is it easy to find the relevant information from the provided materials? | Is it easy to find the relevant information from the provided materials? | 4 |
