ICO Project Analysis From The Token Fund
Viktor Shpakovsky | May 17, 2018 08:13AM ET
1. Moonlight (Singapore) https://apn.alphapoint.com
In November 2017, at the Consensus conference, AlphaPoint, which is involved in application and implementation of blockchain solutions, has announced its new product, created together with Intel (NASDAQ:INTC). It is called AlphaPoint Public Network.
The goal of this project is to create a secure network, a blockchain system where users can digitize, store and exchange already tokenized assets of the "real world" using secure smart contracts. Thus, the company plans to open new large-scale monetized markets for digitized assets.
Using this blockchain will be developed dapps, which will serve to service the network and secure data exchange and storage. This is a very useful and promising resource aimed at the modern financial services market. It aims to create a counterpart of the classical market, improved by blockchain.
AlphaPoint Public Network will be built using SGX technology, developed by Intel, and AlphaPoint TrustedVM virtual machine. These technologies will ensure confidentiality and security of the platform and of the conduct of transactions.
A real asset, which will be tokenized in APN, will move through public and private blockchains using the AlphaPoint Chainbridge interaction tool. However, the project still does not have a whitepaper and a detailed description of the algorithm of their procedures and smart contracts, and this is its significant disadvantage.
The lion's share of the team are software engineers and developers from the United States, they form a formidable core. The downside is that the team is not sociable at all, just like the project's advisers.
The roadmap of the project covers the period from 2013 to the planned token sale, which is said to start at the beginning of 2018. However, it’s almost the middle of the year, and no information about the token sale is yet available. Postponement is a bad sign, and postponement without announcing dates is doubly bad.
Some key criteria are not yet known: Github, social networks, tokenometrics, dates.
However, for the prospects and competitiveness, it is possible to award the project a final estimate of 65/100.
The analysts at The Token Fund recommend monitoring the project and waiting for the announcement of information on the tokenometric and the dates of the sale.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.