Lambda is a high-speed, secure and scalable blockchain infrastructure project. Through the logical decoupling and separate implementation of Lambda Chain and Lambda DB, we provide infinitely scalable data storage capabilities to decentralized applications and achieve Multi-chain data cooperative storage, cross-chain data management, data privacy protection, data ownership proof, distributed intelligent computing and other services. Additionally, as the underlying service of blockchain, Lambda Chain provides millions of requests per second (RPS) through Sharding technology, which can grow as the scale of the system expands; and it also offers technology service capabilities for future unlimited expansion through sub-chain technology.
Attention. There is a risk that unverified members are not actually members of the team
Use Case: High-speed, secure and scalable, provide unlimited storageRemarks: 1 BTC = 1,250,000 tokens, Hardcap: 2000BTC
The high competition in the filed os decentralized storage platforms might be a downside for Lightstreams development. There is no link to GitHub to validate the product development. The testnet is only expected in Q1 2019. By then, the competing projects will already have their mainnets in operation for a while. The project valuation of $80M seems too high. None of the team members gives the links to their LinkedIn profiles. There are no people with blockchain experience.
Strength and Opportunities:Lambda counts with a very strong investor base. Among them are well known blockchain investors such as FBG Capital, Kosmos, Neo Global Capital, and several other investors. These strong investor base will be useful when it comes to motivate a broader audience to participate in the ICO. There are lock-up periods for team and early private equity investors, which protect ICO investors that Lambda team members or early investors sell their holdings immediately after the ICO.Weaknesses and Threats:It is very easy to claim, that the blockchain that you are developing will be able to provide several millions of transactions per second, but it is very hard to implement this in reality and to reach such a number under real world conditions for a distributed system. ICO projects that write these kind of claims into their white paper risk not being taken seriously by investors.Verdict:Lambda seems to be strong in the Chinese blockchain community. However, as we all know ICOs are currently banned in China which restricts the potential for raising capital in China. It seems that outside of China Lambda has not yet achieved significant traction compared to other projects. The investor base of Lambda looks very solid. Investors need to decide for themselves if the fundamentals are strong enough to make it worth taking the risk and to participate in the ICO.
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