ICO_LIST_icon_flow

CryptoPotato score

9/10

Harmony

Harmony​ builds an open marketplace at Google-scale for the decentralized economy. Harmony bases its network stack on Google’s UDP​. It is a high-performance blockchain demands 10x innovations in the transport network, consensus protocol & system tools.
Project ​aims to provide a consensus protocol over the open Internet​ at 10 million transactions per second with 100-millisecond latency and at most 0.1% fee. bandwidth must scale to 10M tx/sec to support data from supply chain IoT devices or energy grids. Harmony devises static types with concise syntax as security specification, analyzes decentralized protocols in formal models, and generates optimized code across networks.
Token will be used for payments and utility across the platform.

Harmony Review and Rating

9

Team

8.9/10

Stage of The Project

9.0/10

Project Potential

9.2/10

Community

9.3/10

Token-Use

8.6/10

White Paper

8.4/10

Technology

9.5/10

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

Total raised
$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

Date: May 27 - May 29
12.5% of Total Supply: 1,575,000,000 ONE ($5,000,625‬ USD)
1 ONE = 0.003175 USD

Seed Sale

Date: Mar 2019
Raised: $18,000,000 USD

Team Members

Harmony team member

Stephen Tse

Co-founder

Harmony team member

Nicolas Burtey

Co-founder & COO

Harmony team member

Alok Kothari

Co-founder

Harmony team member

Rongjian Lan

Co-founder

Harmony team member

Minh Doan

Co-founder

Harmony team member

Nick White

Co-founder

Harmony team member

Sahil Dewan

Co-founder

Advisory Board

Full Professor at UCLA , top class professor with over than 6K citations

Hakwan Lau

Advisor

Harmony Team

Kayuet Liu

Advisor

Harmony Team

Zi Wang

Advisor

Harmony Team

Bruce Huang

Advisor

Investors

Lemniscap logoConsensus capital logoContinue cap logohayek capital logoUniValues Associates logoqtum logoANMI OECD logoBlockchain assets logoBtc12 logoCyphermines logoHm capital logoSkunk Capital logo

Partners

Aminoca-Brands logoBlue-Vista logoHyperion logoPicolo logoQuanta logoTimeless logo

Disclaimer: All ratings published on CryptoPotato are for informational purposes only. CryptoPotato does not provide investment forecasts, recommendations or consulting. Thus, neither CryptoPotato nor its writers can be held responsible for its visitors’ investment decisions. CryptoPotato is not affiliated with and does not endorse or sponsor any listed token sales. CryptoPotato may receive a fee for advertising certain token sales, in which case it will be designated and marked accordingly. CryptoPotato may receive a fee for conducting due diligence before listing, rating and/or evaluating a token sale. CryptoPotato will never accept a fee in exchange for a certain rating score and/or evaluation for token sales. Full disclaimer

Scroll to top