- No ICO / No Premine. Self funded via a portion of block rewards which goes towards development. Funds are community governed. Completely decentralized.
- Recently appointed a CEO who is a former Deloitte executive and Co-founded a startup which sold for $663 million to Oracle. CEO's past clients also include HSBC, Bridgewater and JP Morgan.
When word gets out that ETH are using Phore code / collaborating with them then it could potentially blow up.
If the new sharding architecture is as good as it sounds (they are apparently better than ETH because Phore will allow different consensus rules to run on different shards, whereas ETH won't which means ETH is limited) then this has the potential to be a $1 Billion + Marketcap which is crazy. Like 350x returns from here.