Covalent

Covalent

Created using Figma
Created using Figma
A Privacy-Preserving Data Utilization Protocol
To be announced
Additional Details
Categories
Platform

About Covalent

Covalent enables to create a completely trustless world database for the first time in the human history. Covalent brings military-grade safety protocols for everyone and boasts an extreme level of scalability through off-chain computations. While Ethereal is limited by the computational power of a single machine, Covalent is free from this limitation. Covalent brings the new trustless decentralized data layer, where any user can have access to anybody’s data without compromising privacy. This feature will inevitably attract developers and create a vast ecosystem of Covalent based DApps, triggering the birth of the new internet.

Activity

Followers:
4 073
MEDIUM
Tweets:
174
MEDIUM
Fake Users Detected:
4.96%
30 Days Growth:
394
Members:
23 705
VERY HIGH
30 Days Growth:
-5704
Alexa

Rank:
1 119 467
VERY LOW
Delta:
-1 058 689

Covalent Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Raymond Gao
Leadership
unverified
Vincent Li
Leadership
unverified
Shundan Xiao
Leadership
unverified
Joyce Ji
Leadership
unverified
Abrar Shariar
Engineering & Outreach
unverified
Nazim Uddin
Engineering & Outreach
unverified
Tarik Moon
Engineering & Outreach
unverified
Tonmoy Mollik
Engineering & Outreach
unverified
Md Riazul Islam Riaz
Engineering & Outreach
unverified
Nazmur Rashid Noor
Engineering & Outreach
unverified
Danny Yang
Engineering & Outreach
unverified
Yana Bai
Engineering & Outreach
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Shuoji Zhou
Advisor
unverified
Jia Tian
Advisor
unverified

Covalent Last News

N/A
5.0 14
ICO Profile Vision Activity Potential Product Team

Covalent Reviews

icoscoring.com
ICO review website

Plenty of strong competitors in the intersection of AI and blockchain. 

Covalent will create its own Virtual Machine where computation will be carried out off-chain by a single node, and all other nodes will only need to verify its proof of computation. There is no link to GitHub and it seems that the product development has not been started yet, only WP is available. The roadmap has not been published yet.

COVA tokens will serve as the main and only method of payments on the platform. Now, there is little information available about the token role.

The token metrics are not yet available and are to be announced.

Several funds have already invested in Covalent. The list includes Bluehill, FBG Capital, ZhenFund, NodeCapital.
Covalent will issue ERC-20 tokens.

Recently, Covalent conducted 3 rounds of AirDrop. There will be a 4th round soon. More than 1.5M COVA tokens were distributed among 35K community members.

For comparison, SingularityNet raised $32M in December 2017, OceanProtocol raised $22M in March 2018. Lightstreams and ioex will only conduct their ICO's soon.

6 out of 8 team core team members do not claim Covalent as a workplace on LinkedIn. The team is scattered around several timezones and located in San-Francisco, Boston, Chicago, Princeton, and Shanghai. There are no team members with blockchain experience. The co-founder does not have business experience.

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