Elrond Network ICO Review & Rating
Rating: A

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.

Intent Forms for Developers
We have opened two intent forms for any developer that wants to have early access to our testnet [ https://elrond.com/testnet ] and an intent form for presale participants [ https://elrond.com/presale ].


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.


What is the value proposition of Elrond Network?
Elrond is a complete rethinking of public blockchain infrastructure with following benefits:

    High Scalability – Comparable or surpassing throughput as to centralized counterparts
    Efficiency – Performing all network services with minimal energy and computational requirements
    Robust Security – Enabling secure transactions and maintaining security in face of attacks
    Cross-chain interoperability – Enforced by design, permitting unlimited communication between external services

The ERD token

    Token symbol: ERD
    Total supply: 20 000 000 000 (20 billion)
    Whitelisting: Yes

Elrond Network ICO Roadmap

Q3 2017 Technical work begins

Q2 2018 Preliminary technical Proof of Concept finalized

Q3 2018 Elrond Prototype

Q1 2019 Fully Featured Testnet

Q2 2019 Elrond Mainnent

Q3 2019 Elrond Hub

Q4 2019 Valar society

https://topicolist.com/elrond-network/