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 - 2729x
Nano - ICO - not available, capitalization - $359M, ROI USD after entering the exchange - 300x
Byteball - ICO wasn’t held, capitalization - $78M, ROI USD after entering the exchange - 6,3x
Quark Chain - raised - $20M, capitalization – not available, ROI USD - 3,67x
Hedera 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 ACTIVITY
The project popularity in the social networks and discussion forums
The 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.
