Zilliqa
payment.
– Team and advisory board: The team consists of highly respected PhDs from top universities in the world. The project is on behalf of Prateek Saxena‘s lab at the University of Singapore, which had published award winning
papers in the field of cryptocurrencies and blockchain solutions.
– Project potential: With the rising acceptance of blockchain technology, start-ups are not the only ones building their applications on top of the block-chain. Big companies with millions of active users (i.e. Kik, AIG,
Unikrn, EnjinCoin and more) are also doing so. There is obviously a demand for a high throughput blockchain infrastructure and Zilliqa is on the right track to achieve that goal.
– Project Status: Testnet is live with 3,600 Nodes enabling 2,488 transactions/sec (approximately 10-15 times the max transactions/sec on ETH/BTC blockchains). The main-net is to be live on Q2 2018 and Dapps development
will start on Q3 2018.
– Token Mechanism: The hard cap is ~48,445 ETH (Equivalent to ~32M USD at the time of writing), if you follow all top 20 tokens by market cap @ coinmarketcap.com, most of them are projects based on their own blockchain
(Not ERC-20 projects) valued from ~1.2B USD (Waves) to ~300B USD (Bitcoin). Their hard cap definitely leaves room for growth in the ZIL market cap price in the near future.
– Competition: Zilliqa is competing with top smart contracts blockchains like Ethereum, EOS, and other upcoming projects. The Ethereum blockchain has been live and tested for around 3 years, the community behind Ethereum
is huge and there is great development to come, with the aim of addressing issues like scalability, power consumption and more. Though, the ecosystem is expected to grow so there is likely room for blockchains to live
alongside each other.
04 Jan 2018
Token : ZIL
Token type: The token has it’s own new blockchain
ICO price: 1 ZIL = 0.0038 USD
Finite token number21,000,000,000 ZIL
Token Allocation: 30% to the public
Availability: Excluding residents in US, UK, Japan and China
Accepted Currencies: ETH
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