YGGDRASH

YGGDRASH

Created using Figma
Created using Figma
YGGDRASH is a trust-based multi-dimensional blockchains (branches) built with a vision “Digitize everything into reality” and to connect everything and any blockchain networks.
ICO
Mar 19, 2018
Mar 23, 2018
100% completed
$40 000 000
100% cap completed
Cap 40 000 000 USD
past
Pre ICO
Mar 12, 2018
Mar 16, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
YEED
Accepted Currencies
ETH
Company Details
Registered Country
Singapore
Additional Details
KYC
Yes
Categories
Platform

About YGGDRASH

Improved Data Capacity, Speed, and Expandability
One DApp in Yggdrash ecosystem is an independent blockchain.
Each DApp is not bound to other DApps; enjoy the fast and high quality of independent network.
“Zero” Network Fee - Reputation Scoring System
Yggdrash adjusts the current fee structure of blockchain by applying reputation. YEED is a crypto-currency and plays as one of criteria to evaluate reputation.
Downsizing Data
Yggdrash introduces Akashic Records & Block Box to minimize the size of block data. It reduces efforts preparing node and shorten delay fom several days to less than an hour.
DPOA : Delegated Proof Of Authority
DPOA, agreed algorithm, gives users & operators with high reputation authorities. It assures independence, incentive, and expandability while increasing connectivity.

Features

YGGDRASH’s main-net is called STEM, and its cryptocurrency is YEED.

One DApp in Yggdrash ecosystem is an independent blockchain. Each DApp is not bound to other DApps.

Yggdrash adjusts the current fee structure of blockchain by applying reputation. YEED is a crypto-currency and plays as one of criteria to evaluate reputation.

YGGDRASH Roadmap

  • Feb 6, 2018

  • Homepage, White paper
  • Mar 2, 2018

  • Meet Up in Seoul
  • Mar 12, 2018

  • Pre ICO Launch
  • Mar 16, 2018

  • Pre ICO End
  • Read More
  • Mar 19, 2018

  • Main ICO Launch
  • Mar 23, 2018

  • Main ICO End
  • Mar 26, 2018

  • AML/KYC Start
  • Apr 22, 2018

  • AML/KYC End
  • May, 2018

  • Token Distribution
  • 3Q 2018

  • Release Test net
  • 2Q 2019

  • Release Main net
  • 2Q 2019

  • Release Main net

Activity

Activity:
238
HIGH
Posts:
220
MEDIUM
Views:
2 831
LOW
Posts:
53
LOW
Followers:
815
LOW
Likes:
642
LOW
Rating:
4.60
VERY HIGH
Reviews:
21
LOW
Followers:
6 527
HIGH
Tweets:
151
MEDIUM
Members:
8 727
HIGH
Alexa
Rank:
1 855 528
VERY LOW
Delta:
1 221 275
Year commits:
861
Watchers:
51
Stars:
48
Forks:
12
Open issues:
0

Team

Verified 0%

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

2 ICOs

$64 700 000

CEO and Co-Founder
unverified
CTO and Co-Founder
unverified
Blockchain Analyst
unverified
Blockchain Engineer
unverified

Advisors

Verified 0%

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

Ken Lee
ADVISOR
unverified
Yoonho Kim
ADVISOR
unverified

Last News

$ 0.0022
-8.22%
Coin Stats
Daily, %:
-8.22%
Weekly, %:
-15.98%
Monthly, %:
Market Info
Market Cap:
$ 11.242 M
Volume 24h:
Circ. Supply:
5.000 B YEED
Ticker:
YEED
3.81
stable
5.0 9
ICO Profile Vision Activity Potential Product Team

YGGDRASH Reviews

crushcrypto.com
review

Opportunities:
The project has solid team members who are experienced in the blockchain space, some of whom have previously worked in reputable project/companies such as Bithumb and ICON.
Yggdrash tries to address the scalability issues around blockchain. This is one of the biggest problem for the long-term growth of the blockchain space and the potential is substantial if they can scale and attract adoption.

Concerns:
The GitHub history is very young. Real development did not happen until February 2018. This makes it difficult to see whether the team can build out the idea that they have proposed in the whitepaper.
The roadmap is vague – the only milestones after token distribution are “Release Test net” and “Release Main net”. This makes it difficult to analyze the level of planning that the team has.
Yggdrash is in direct competition with ICON and as stated in the “Yggdrash versus ICON” section above, we believe ICON is a superior platform. The other thing that Yggdrash can do is to focus outside Korea but we believe it would be difficult as the entire team’s experience is in Korea.

Conclusion:
Overall, we are neutral about the short-term potential of this ICO and are negative about its long-term potential. Our thoughts of the tokens for short term and long term are as follows:
For ​short-term holding:
Neutral. Yggdrash should have no problem reaching the hard cap given the market awareness. However, YEED tokens will be distributed in May, which is a longer time period than the average ICO project.
Note: KYC/AML happens AFTER crowdsale and those who failed KYC will receive a refund. The KYC process ends on April 22, 2018 so the refund probably takes place afterwards.
For long-term holding:
Negative. While the team is solid, their background is heavily related to Korea so we believe Yggdrash would have a difficult time gaining traction outside Korea. This makes Yggdrash a more regional blockchain similar to NEO, QTUM, and ICON and puts Yggdrash in head-to-head competition with ICON.

Some kind of niche is needed, be it development progress (Nano, Zilliqa), business development (ICON), industry (Vechain) or geographic focus (NEO, ICON, QTUM), development team (RChain, EOS, Cardano), or investor backing (aelf, Zilliqa). Yggdrash has none of that.

Read More
Coin Bloq

Overall I am actually very bullish on Yggdrash and I do feel it’s going to meet it’s hard cap but it hasn’t got an MVP, so I think many investors are going to actually shy away on it.
For token economics I gave it 50 out of 100, I think they’re asking for a fair amount relative to what they want to do but it’s a whitepaper idea, there’s no MVP.
I thought they had a very capable team, world-class team, I gave them a 70 out of 100. They doesn’t have enough hype in my opinion for what they want to do, I gave them 60 out of 100.

Read More
Crypto Briefing
83%

YGGDRASH is a serious contender among next-generation blockchain protocols. The technology and architecture of the blockchain represent one of the most advanced concepts to date. Most importantly, the team behind the project are exceptionally well-equipped to turn this concept into a reality. With little in the way of product development at this point in time, we will be carefully watching for further updates.

Read More
Crypto Calibur
77
Read More
icocrunch.io
review

The idea is quite ambitious, and being developed to the necessary level it may turn Yggdrash into a serious player in the blockchain world. At the same time, according to their roadmap the test net is only scheduled for Q3 2018 and main net is for Q2 2019, which means the development is still on the first stages. In addition, take into account their competitors that can likely build a product faster. From investment point of view, the short-term perspective is very good due to the hype around this ICO, and the long-term will depend on the progress, and if successful, it will be far more than positive.
The name is actually self-describing. Yggdrash = Yggdrasil + Hash. Yggdrasil is a huge mythical tree that connects wells of the world and locations from the underground and to the heaven; and the hash for blockchain transaction and network.

Read More
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