Ultrain ICO

Ultrain ICO

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Creating a Programmable Business Society
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Jul 1, 2018
Jul 31, 2018
100% completed
Raised funds - no Data
Token Details
Accepted Currencies
Company Details
Registered Country
Additional Details
Yes , till Oct 20, 2018

About Ultrain ICO

Ultrain Technology Limited is the next generation public-blockchain technology venture that focuses on building a high performance decentralized blockchain platform through its programmable tech-infrastructure. Ultrain is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial applications. With its groundbreaking innovations in cryptography and based upon a complete decentralized public network, Ultrain is able to provide multi-folds more advanced technical performance to fundamentally solve the performance and scalability issues comparing to other traditional public blockchain platforms.

Ultrain ICO Roadmap

  • Jun, 2018

  • Nova
    Internal Testnet Online;
    External API Framework Completed;
    Smart Contract Development;
    Framework – Robin Online.
  • Sep, 2018

  • SuperNova
    Public Testnet In Operation;
    Enterprise Service Access Network Online.
  • Jan, 2019

  • Black Hole
    Blockchain OS Core Structure Completed;
    Network Management Based on Democratic Voting System.
  • Apr, 2019

  • White Hole
    Public Network Operational;
    Sales of Mining Rigs.
  • Read More
  • Apr, 2020

  • Big Bang
    Ultrain‘s Eco system in Operation;
    AI Machine Learning Platform Online;
    IOT Edge Computing Established.


4 187
30 Days Growth:

Ultrain ICO Team

Verified 0%

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

Ray Guo
Co-founder& CEO
Co-founder& CSO
William Li
Co-founder& CЕO
Shen Yufeng
Chief Architect
Wang Husen
Chief Cryptologist
Li Xiaoguang
Vice President of Strategy
Qian Qian
Senior Strategy Manager
Wu Feng
Strategy Analyst

Ultrain ICO Last News

$ 0.0315
Crypto Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
$ 8.913 M
Volume 24h:
$ 831.295 K
Circ. Supply:
282.24 M UGAS

Ultrain ICO Reviews

ICO Pantera
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Size of Potential Market
As ever, despite the presence of a significant number of projects tackling similar issues, a sizeable market still remains for the Ultrain team to target. The movement towards the commercial utilization of dApps continues to press ahead, as does serious developmental work regarding the use of both AI technology and IoT devices. As a result, the team have identified that their business approach can be applied to fields such as public utilities, transportation, manufacturing, agriculture and finance. However, they identify gaming, healthcare, and the sharing economy as prime candidates for launching and running dApps on their platform. Whether positive or negative, the Ultrain team are aiming to have a wide appeal and aim to offer their solution across the board.

The Ultrain whitepaper goes a long way to generating a feeling of transparency as it highlights the project’s internal economy, token metrics, and fund allocation, with specific details given regarding any fees and revenue/token allocations taken up by the team or Foundation. In addition, short bios are given for team members while commercial partners and community leaders are also profiled in good detail.

The white paper outlines the core functions of Ultrain and explains how the platform will facilitate high performance trusted computing, artificial super intelligence on the chain, and blockchain based value IoT. While the yellow paper details the smart contract design of Ultrain and covers Dynamic-and-Adaptive Sharding, the Friendly Developing Environment, and Flexible Smart Contract Interaction. It also covers Ultrain’s consensus mechanism in great detail, and the technical aspects of the project are well covered.

The roadmap is a quite simplified document and does not include a particularly detailed vision. The main idea conveyed is that the team has already developed their testnet and enterprise service access network, and plans to deploy the public network some time before April 2019. In addition, the implementation of AI machine learning and IoT computing networks are set to take place from April 2019 to April 2020.

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Crypto Calibur
Ultrain is an ambitious project that aims to make usage of AI and IoT technologies an everyday occurrence. In addition, it is aiming to establish itself as a highly scalable blockchain platform that houses a wide range of dApps. As a result, Ultrain is operating in an extremely competitive market sector and going up against projects such as Ethereum, EOS, Cardano, Hedera Hashgraph, and platforms will a regional appeal such as Neo and Icon.
On top of this, their platform infrastructure that aims to bridge DLT, AI, and IoT technology may prove to be too difficult to realistically pull off, with the proposed IoT economy still years away. Also the project appears to be too wide ranging, and will need to develop itself in China and across Asia, before becoming a global presence.
With that being said, the project contains various strong features such as simplified smart contracts written in the widely used JavaScript language and providing an alternative to ERC-20 and NEP-5 tokens.
As Ethereum continues to work on scaling, and Neo and EOS go through a period of uncertainty, their remains the possibility for another platform to establish itself. Ultrain is well positioned to become a significant presence in China and has a very strong team and strong business partnerships. The team have solid experience of working for Google, Alibaba, Alipay, Nokia, and various leading organizations. In addition, partnerships have already been secured with leading Chinese companies such as Taihe Maitian, UC Express, Hangzhou H-CRM Technology, and Shanghai Mixmarvel Technology. On top of this, Ultrain is smartly developing a global base of influential regional community leaders, and has already secured $20 million in funding from a number of leading funds including Draper Dragon, FBG Capital, DanHua VC, Arrington XRP Capital, Morningside Capital, and Ceyuan Capital.
However, there is still little to go on with no MVP available, and participants must be happy with a small allocation for private investors, with the majority f tokens being generated by mining. As a result, Ultrain may suit the long term investor, or anyone enamoured with the project who can wait until the tokens hit the secondary market.
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Market Competitive environment:
There are both large centralized players AZURE, Google Cloud, and projects with blockchain - Golem, SONM, iExec, Hypernet, DeepCloud on the market of cloud computing.
The competitors’ indicators are as follows:
Golem - capitalization - $323M, from the date of exchange entering the GNT price increased 22 times;
SONM – in the course of ICO $42M was raised, capitalization - $44,8 M, ROI USD - 0,8x
iExec RLC - capitalization - $63,8M, from the date of exchange entering the RLC price increased 2,7 times;
Elastic - capitalization - $14,7M, from the date of exchange entering the XEL price dropped 4,86 times;
Perlin.Network (at the stage of the Private sale, capitalization is unknown);
Dfinity (at the stage of Private sale $4M was raised, capitalization is unknown);
Hypernet, DeepCloud, Blockcloud are at the stage of preparation to ICO.

Technological advantages:
Well-developed infrastructure (but at the same time many things in it are questionable)

The project popularity in the social networks and discussion forums
The project is not detected on the radar of influencers.
Facebook: 63 followers, the average number of likes per post is 0, the average number of comments per post is 0, user activity is low.
Twitter: 432 followers, average number of likes per post is 1, average number of retweets per post is 0, average number of comments under the post is 0, user activity is low.
Youtube: 8 subscribers, average number of views per video is 20, average number of comments under each video is 0, user activity is low.
Medium: 66 followers, the average number of likes per post is 1 without any discussion in the comment section, user activity is low.
Telegram: 5k members, admins on the Telegram-channel are responding quickly, user activity is high, but not naturally generated.


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