Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.Focusing on processing speed and validation, the Harmony mainnet aims to revolutionize block creation. By introducing the sharding process, the company reduced node validation times significantly. To ensure the protection of nodes and secure the validation process, Harmony introduced the Verifiable Random Function (VRF) for unbiased and unpredictable shard membership. This means that nodes and validators are assigned and re-assigned in a randomized manner. The project’s Harmony Grants program is an initiative that aims to support innovation and attract developers to the Harmony mainnet.
Attention. There is a risk that unverified members are not actually members of the team
Market Competitive environment:Projects, which launched protocols based on DAG, were attractive for investors in the past and demonstrated high effectiveness of investments after entering the exchange:IOTA – in the course of ICO 1,337 BTC was raised, capitalization - $3,3 billion, ROI USD - 2729xNano - ICO - not available, capitalization - $359M, ROI USD after entering the exchange - 300xByteball - ICO wasn’t held, capitalization - $78M, ROI USD after entering the exchange - 6,3xQuark Chain - raised - $20M, capitalization – not available, ROI USD - 3,67xHedera Hashgraph - at the stage of Private sale $18M was raised, capitalization is unknown.Jura - ICO - raised - $30M at seed round (not official), capitalization is not available.
The project advantages:Very strong team.Well-developed principles of scaling:Sharding with atomic shard-commits;The gradual transition for resistance to Sybil-attack and to maintain liveness when swapping shards.Parallelizing blocks with DAG.Pruning checkpoints with state blocks for storage and bootstrapping against Byzantine DoS (100x space savings).Optimistic confirms to trust but verify low-value transactions with shard deposits (verification in less than 1s).Features and applications unique to Harmony:Location oracles will be used data feed to simultaneously organize thousands of IoT devices;Decentralized maps will be used to incentivize users for the creation or achievement points on them (like PokemonGo);AI Data Marketplace will be used as a high-volume data marketplace and to optimize machine learning performance of the platform.
SOCIAL ACTIVITYThe project popularity in the social networks and discussion forumsThe project is on the radar of the next influencers: ICO Drops, Midgard Research, MM Crypto.Twitter: 3,4k followers, the average number of likes per post is 3, the average number of retweets per post is 1, without any discussion, user activity is low.
23-May. Sergey: For Harmony and Fantom High interest is a preliminary rating. Just to indicate that the project is interesting( waiting for actual metrics).Harmony is something like HashGraph, Dfinity. Probably not everyone will be able to participate.
Harmony aims to create a high-throughput and scalable blockchain for micro-transactions. They have designed their own language Min and built a prototype compiler to demonstrate its ease and the security. It is available on a GitHub. Nowadays there is a lot of competitors in this sphere: Zilliqa ($830M), Rchain ($470M), Credits ($75M), Algorand, QuarkChain and more.Harmony has a solid and experienced team in the field of security protocols, compiler verification, AI technologies, and entrepreneurship. They collaborate with advisors which worked for Google, Chrome, Android, WorldPay.According to the roadmap Harmony aims to deploy 100k tx/sec for payments and financial institutions in 2019.Still, they even have no website, lack of information about token metrics and ICO details. We can not talk about investment opportunities but definitely, it is worth to put this project on the radar.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.