CryptoPotato score
Harmony
Binance Launchpad
Binance Launchpad
Harmony Review and Rating
Pros
- Potential: Scalability was always a big issue in the blockchain industry. Many successful projects are providing different kind of solutions (Zilliqa- 140M USD market cap, EOS- 5B USD Market cap, Hedera Hashgraph, Algorand, etc.). Harmony is purposing an innovative solution which combine a cutting edge technologies which were already tested in other products (Google's UDP, Omni Ledger and Unikernels) which according to their statements could process up to 10 M TX's per second which will allows them to be fast enough in order to process IoT devices, financial institutions, and energy grids. For the short term, the project is being launched on the Binance launchpad. Binance is the leading institute in the blockchain industry, and so far all of the launchpad's projects yielded great results.
- Community: Community: 10K on telegram and 4K on twitter. Also, this project enjoys a lot of attention since it is being launched at Binance Launchpad, and the Binance user base is in a sense the community
- Technology: Innovative technology which according to the statements can process up to 10M tx per second, the technology core components are focusing in 3 areas: 1. Transport network - Google’s UDP and Bloom tables. 2. Consensus protocol: Applying OmniLedger protocol with sharding technology. 3. System tooling – Unikernels, multi-core in Rust, zero-copy streaming.
Cons
- The competition in this market is enormous, and Harmony will have to find a way to overcome this competition.
- Token Use: The token use part in the whitepaper is not detailed enough; the consensus mechanism is a PoS based algorithm. The tokens are the fuel of the network and are used to incentive the nodes and for the staking to prevent un honset behavior.
IEO Ended
28 May 2019
$23,000,625 / $23,000,625
Token: ONE
Token type: BEP2 Asset
ICO price: 1 ONE = 0.003175 USD
Finite token number: 12,600,000,000 ONE
Availability: Users from the following countries will not be able to participate in token sales on the Binance Launchpad platform: Albania, Belarus, Bosnia, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, Croatia, Cuba, Herzegovina, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova,Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe, Afghanistan, Burundi, Canada, Cambodia, Ethiopia, Guinea-Bissau, Guinea, Kyrgystan, Laos, Malawi, Malaysia, Mali, Mozambique, Myanmar (Burma), New Zealand, Sri Lanka, Tanzania, Thailand, Timor-Leste, Trinidad & Tobago, Tunisia, Turkmenistan, Uganda, United States of America (USA), Uzbekistan.
Status: Whitepaper is ready.
Accepted currencies: BNB
Binance IEO
12.5% of Total Supply: 1,575,000,000 ONE ($5,000,625‬ USD)
1 ONE = 0.003175 USD
Seed Sale
Raised: $18,000,000 USD
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