Hello chaps,
As I was looking into making my next run on Masternode investments .(Yes Masternodes, the future of Crypto investment)
I was hit in the face by this project, a gem that somehow stood out of my radar for all this time.It might as well be for the good as now is the best time to buy from TA and FA point of view.
And here I`m after weeks of in depth FA telling you that this is the long term shot at the stars we were all waiting for true innovation and purpose.
Why?
-Innovation and purpose
Many of you are familiar with the concept of Masternodes and their functionality.
You might say, oh nice here is another Masternode coin - Nope.
Here is the first Ethereum based Masternode network, a solution Vitalik was looking into prior sharding but never elaborated on this technology further than few speeches on various conferences.
What is the difference between other masternodes and Pirl masternodes?
The Masternodes origin from Dash(ex. DarkCoin) Dash created Masternode functionality to introduce governance model, private and instant send. Anonymity and Security. Nice.
Then we get another 300 projects that copy this functionality rarely making a step further to actually make it better...
Pirl Masternodes are a new chapter in the book, providing network scaling and unique features that somehow fall short on other platforms - Decentralized storage and Immutable content. Clearly having it not just because it’s very cool to create the first functioning service nodes on ether based network but actually setting up a tech environment for the actual goal of the project...
Interesting article from their blog will give you more light on the subject - https://pirl.io/blog/importance-service-masternodes
The whitepaper is an excellent read skipping some of the usual whitepaper bulls*its and being straight to the point. This technology is created so they can use it for their own purpose. A purpose worth mentioning.
This technology will be the engine of a single point of entry application that gives in your hands access to the decentralized world. Marketplace, Immutable content sharing, Decentralized File Transfer, Encrypted Messaging and all the other sweets of the future.
-Team & Project funding
No ICO, No Premine - Yes, finally someone who is not here to send us "Ahoy" pictures from the Seychelles. The team is public and transparent consisting of
- 8 developers
- 7 Administrative
- 5 Pirl South Korea Team
Very active and transparent folks, their work is daily monitored at #dev-diary in discord.
It makes me feel good looking at the team page on the website. The team somehow didn't choose the current blockchain tech ICO standards of looking like a counter-strike clan neither did take the chance to make them self appear like superheros with paying for "advisers" the so called big time blockchain superstars whos advising consist of simply being put in the team page.
Bunch of dudes who are hard at work and tend to deliver what is promised.
Good enough.
The feedback from community over the course of the past crypto-bloodbath months is that the team did not lose faith and continued developing and delivering like there is no tomorrow.
The development and overall the project is funded by a share of the BR, a governance that is indeed good choice as it promise continuous engagement and long term development & marketing of the project.
-Community
Their community consist of weird looking individuals. Weird because you can't see the regular "when mun" guys around. You see people interested in the project work. Contributing and spreading the word out, helping each other, discussing mining and cracking ledger to support pirl, organizing their own contests and initiatives.
The first community that reminds me of early dash community. #Pirl-Together-Strong is something I saw them often use while doing their thing. A community to fall in love with.
-Coin info & Market
- Dagger Hashimoto PoW
- Total Supply: 156 million
- Circulating Supply: 22,193,886
- Supply locked in Masternodes: 9,480,000
Market - No comment, you know what this means:
-Upcoming events (short term)
- Company registration
- Signed Contract for marketing
- PirlPay - Beta
- PirlApp - Beta
- Content Masternodes - Beta
- New Exchanges listings
TL;DR
Everything looks like a carefully constructed bomb with a timer set to explode on the next altcoin run - Nearly 50% of circulating supply locked in masternodes, monetary policy kick in less than a month(greatly reducing miners rewards and total BR while increasing MN rewards) Increasing demand while decreasing supply. Specialized marketing company and few key releases in the next months.
Extremely undervalued project caused by late months market depression, set to explode and make an actual difference for blockchain use case.
My personal “Buy” alarm was instantly triggered and this is my top choice besides Phore for bright future project. Details are thought of, innovation is delivered, hard work is visible, team is doxed, community is great. Alt Season champ there, no doubt.
Peace brothers, #DYOR and If you like my review feel free to comment which project you want me to review next.
-Hashitmoto