a coherent technology and economic architecture that brings Internet scale to existing and future blockchains through off-chain scaling techniques. It can scale out to billions of trust-free, secure, and private off-chain transactions per second. Celer Network is on a mission to fully unleash the power of blockchain and revolutionize how decentralized applications are built and used.
Q3 2018
Q4 2018
Q1 2019
Q2 2019
H2 2019
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
The Celer ICO offers one of the most viable layer 2 projects for bringing scalability to the blockchain. On a technical level, Celer employs novel solutions for accessing liquidity and maintaining availability of user states; two issues facing all off-chain scaling networks. With the right strategies to promote adoption of the Celer Network, the project could be a top contender in the scaling race.
Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping: A
Considering the detailed token metrics, including the lock-up terms for private sale, we believe the project offers great short-term potential.
For long-term holding: S
We really like the long-term prospect of the project. In fact, we believe Celer is one of the most technically advanced projects that we have looked at that is led by a capable team.
We believe on-chain and off-chain scaling solutions are both needed to take decentralized applications to mainstream. No matter how robust on-chain scaling solutions become, the latency is still far higher than off-chain solutions. We believe end users care about user experience more than anything else.
Celer, being blockchain agnostic, has a much higher chance to succeed than projects that are only compatible with a single blockchain. We also like how CELR tokens help the network to become more efficient. Therefore, we believe CELR tokens have a great long-term potential.
Picolo Research presents a favorable ‘buy’ rating on Celer Network. Celer’s off-chain full stack architecture coupled with their cryptoeconomics mechanism puts the project favorable as a more advance technology against its peers. Furthermore, we are confident in the team’s abilities to fulfil the project milestones and the potential possibilities such as scaling solution can achieve.
