AERGO is rare, shiny star in today's ICO market. AERGO is a real product, with stellar team, real world use cases and solutions how to tackle problems that people and corporations face. Token sale is well executed, bringing high value strategic partnerships and making sure wide-spread community adoption at the same time. It is hard to predict anything in blockchain industry, but we can be sure that AERGO has everything lined up and prepared to fly.
AERGO is here to enable developers, businesses and the IT suppliers.
AERGO is an open platform that allows businesses to build innovative applications and services by sharing data on a trustless and distributed IT ecosystem.
It's a serious disruptor, very different to current solutions. AERGO brings 4th generation (enterprise ready) blockchain protocol together with IT platfrom that uses state of the art technologies. AERGO plans to build all-round ecosystem of decentralized applications (dApps), technologies and service providers that leverage secure cloud delivery models. AERGO underlying technologies will be open-source, promoting truly open and decentralized system.
AERGO's core is based on COINSTACK, state of the art blockchain platform from Block Inc. that has been deployed to 25M users in over 20 in-production systems. Blocko is now developing and working on core, key technologies for AERGO.
AERGO will tackle current roadblocks that enterprises face when trying to adopt and use public and private blockchain environments. Those are:
- Lack of reliability
- IT integration difficulty
- Software development difficutly
- Privacy issues
- Scalability problems
- Interoperability constraints
AERGO's platform key features are:
- AERGO SQL - making smart contracts as easy as possible with new smart contract engine with SQL language
- Sidechain technology - side chains with low operating cost, free from tx fee fluctuations enabling you to have your own mainet for your services
- Deterministic DPOS - better performance, maximized network stability and service quality
AERGO's core elements are:
AERGO chain strives to be an open source blockchain operating system. and powerful public internet of blockchains
AERGO hub connects secure dAPPs with AERGO chain.
AERGO marketplace is a one stop shop for software applications, computing resources and other services optimized for AERGO chain.
AERGO token is native, utility token that aims to serve a multitude of different functions. Broadly speaking, AERGO token is intended to be the medium of exchange within the AERGO ecosystem.
Token metrics are favorable. Total token supply is 500,000,000.
Tokens for sale: 30%
AERGO community incentives and strategic partners: 30%
Reserved by token issuer: 25%
Advisers and key backers: 10%
Employees of token issuer and affiliates: 5%
Selling 30% and reserving another 30% for community incentives and strategic partnerships shows team has long term vision and community in their hearts. 25% is reserved for future use, advisers and key backers get 10%, while employees and affiliates get 5% showing team is not greedy.
Use of proceeds:
R&D: 40%
Ecosystem incubation: 30%
Marketing: 15%
Strategic alliances and business development: 10%
Miscellaneous: 5%
We see that most of the capital raised, 70% of it goes to research and development (R&D) and Ecosystem incubation which is crucial in early ecosystem stages. 1/4 goes to marketing and biz development leaving 5% to miscellaneous expenses.
Roadmap
Roadmap shows team has been working on AERGO for some time now, with test net just around the corner and main net coming in few months time.
AERGO Team and Advisory Panel
Being such a all round complex and extensive project, AERGO has gathered amazing team with proven expertise in required areas. Team is made out of:
- AERGO Board
- Committee Heads
- Technology Team
- Business Team
- Advisors
Since team is, like a project, stellar but big, I would advise readers to check them out in AERGOs whitepaper on link https://paper.aergo.io/AERGO_Whitepaper_v5.2.pdf between pages 63-66 or on website https://www.aergo.io/team/
LINKS
Join AERGO's community: https://get.aergo.io/r/oGruadyk7I5z
GitHub: https://github.com/aergoio
Web: https://www.aergo.io/
Telegram: https://t.me/aergoofficial
Twitter: https://twitter.com/AERGO_IO
Medium: https://medium.com/aergo
Conclusion
AERGO is objectively top-tier project that has huge use-case for enterprises but also for private users. AERGO has a world-class team with superior industry and blockchain experience that can deliver on that. Combining that two, AERGO has potential to become leader in blockchain industry and I don't think anybody would be surprised by that.