Promether

Differentiation: Promether differentiates itself from similar competitors by claiming to be a “all-in-one” solution which will be fully configurable and modular. In addition, users will be able to access the platform for free. Promether is intended to act as an application building block by giving developers access to a “next-generation security based open-source API” without the need to be experts in networking and security.

Market Penetration Potential: Promether outlines the target markets for the platform: data security, cloud storage, global VPN, cloud computing, instant messaging, cybersecurity, messaging apps, and altcoins. The potential for market penetration is fairly significant. As the concern for privacy increases among the general public, users will search for solutions that will allow them to communicate freely and securely. A solution that is able to combine all the attributes stated above has potential to become a market leader. However, execution of the project will not be trivial and will require a sufficiently thorough development plan, which Promether is lacking.

Solution Advantage: The organization plans to allow the network to be used for free. Additionally, providing an all-in-one solution provides a greater user experience compared to using a multitude of isolated projects. These two aspects when combined, provide an enticing product. Some advantages that the whitepaper lists when compared to other projects are not clear (secure instant communications), however.

Long-Term Vision: Promether aims to “redefine the rules that govern the masses, and build a new paradigm of security on the Internet without authority, trust, centralization, giving up control, or the ever-watchful eye of Big Brother”. With the development of a secure, censorship-free communication platform, as well as a decentralized file sharing and storage service, the organization aims to become a market leader and develop an all-in-one solution for private communication.