Here you have the first part of Aergo's project review Aergo 4th generation highly scalable blockchain p1
Project
Official website: https://www.aergo.io/
Telegram: https://t.me/aergoofficial
Telegram Announcement channel: https://t.me/aergoannouncements
Twitter: https://twitter.com/AERGO_IO
Medium: https://medium.com/aergo
Linkedin: https://www.linkedin.com/company/teamaergo/
AERGO Whitepaper: https://paper.aergo.io/AERGO_Whitepaper_v5.2.pdf
AERGO CHAIN Whitepaper: https://paper.aergo.io/AERGO_Chain_Technical_Whitepaper_V1.0.pdf
Aergo consists of three major functions: Aergo Chain, Aergo Hub and Aergo Marketplace
Lets go to make some explain to Aergo technology, how it works first. Aergo’s Core technology is based on advance open source technologies and coinstack from Blocko it’s a leding blockchain technology and enterprise IT integration services company with operations in United Kingdom, South Korea and Hong Kong.
Coinstack based blockchain systems have already been deployed to 25mln users in over 20 production systems. The new technologies that Aergo is going to provide include super fast and efficient blockchain protocol and you call powerful SQL smart contract engine and advanced IT integration APIs and easy to use developer tools.
AERGO Chain is a proposed blockchain designed to mitigate issues currently experienced with public blockchains.
It aims to include an SQL based smart contract platform as well as advanced features, such a distributed version and concurrency control.
AERGO Hub is a blockchain hosting service that acts as a the public interface for building, testing deploying and managing independent blockchains based on AERGO Chain. Enriched with tools and supporting services, AERGO Hub seeks to bring to life the AERGO Chain blockchain protocol and supporting services.
AERGO Marketplace aims to enable the sale and purchase of peer-to-peer computing assets.
Computing assets would include:
• Storage
• Computing Power
• Algorithms
• Contents
• and more
AERGO Marketplace will be accessed via the AERGO Hub public interface.
AERGO Horde - the main module of AERGO Hub - is the proposed matching platform, the purpose of which is to provide the ability to install several blockchain connections on one or several nodes and manage them. It is designed to function as software for infrastructure providers who want to participate in the AERGO Hub ecosystem. All participants must set up AERGO Horde for work and placement as a node.
I am recommended a very interesting Aergo Debut Stage video presentation in Seoul:
and another one interview of Chairman & CEO Phil Zamani to ICOdrops team:
Token Metrics
Some info on the token metrics:
- Total Supply: 500 million
- Tokens for Sale: 30%
- Company reserves: 25%
- Employees and Team Tokens: 5%
- Advisors/Key Backers: 10%
- Community Incentives/Strategic Partners: 30%
So summary of the private sale is:
- Hard cap: 30mln$
- Token Price: 0.20$
- Token sold: 144mln (28.8% of Total supply)
- Fund raised: 28.88mln$