So what is this coin which appeared on Binance recently. Let's try and figure it out.
First off it has a weird kind of hybrid "a" and "e" letter at the beginning which I can't type correctly, which offends my meticulous sensibilities since every time I want to type it I have to misspell it with my crappy vanilla English characters only keyboard.. anyhoo, not an important point, but the devil can often be in the details. I figured that probably it was some scandinavian or Russian guys who'd come up with this coin (though it turns out it's actually some Chinese dudes which makes it even more confusing.. onward
I had a moment of sheer panic when I opened the webpage at aelf.io but it quickly changed to English so all is well with the world. The website looks pretty slick so that's a mark in the plus box. Moving on to the whitepaper
THere's not much USP jumping out at me here, most of this is stuff already available with a litany of other coins. So it's a smart contract platform with distributed nodes, PoS etc etc. The "self-evolving" element sounds interesting but effectively they're just talking about smart contract features already available from Ethereum and it's many clones. And by the way, "parallel processing" is not a USP.
Now I'm a simple woman, and when I see this I'm not getting a warm and fuzzy feeling:
What I am thinking is that this whitepaper was written by a computer scientist who doesn't get out much, and I'm also thinking that this looks like a very complex way of telling me that this coin does nothing that 20 (hell 100) coins out there dont already do... so onto the team..
Ma Haobo.. cant find him on linkedin, thats not good
So lets check out Hoopox, of which said individual is a CEO....
OK got it, moving on...to be fair the linkedin profile of Chen Zhuling actually exists, I notice that he has most recommendations for "matlab". That doesn't instil an enormous amount of confidence. I mean whatever, but these guys are the main dudes, GIVE ME SOMETHING I CAN PIN MY HAT ON!
The highlight of looking into this coin has to be the very hot girl who appears to be active on the github page, which is nice as she's about the only thing active on the github page. It sure looks like this is the baby of the CEO fella who dragged in a couple of his pals from college to make it look like there was some meat on the bone. And they all look about 12 years old.
SO I cant see much going for this project, the branding sucks, the logo is a ripoff of ripple and a dozen other coins, the name cannot be typed on an english keyboard.. why is there a fullstop after the "f"???
The website is nice, spent a couple of bucks on it.. The whitepaper is boring, incomprehensible and written by a computer scientist, with no USP I can see (maybe I'm thick, if so let me know in comments).
The team are anonymous, the CEO isnt even on linkedin as far as I can tell...
Well you know whatever, I'm sure itll get some speculative pumps on the exchanges but somehow I dont see this saving the world. Peace out!