Average rating : HIGH
Celer Network is an Internet-scale, trust-free, and privacy-preserving platform where everyone can quickly build, operate, and use highly scalable decentralized applications. It is not a standalone blockchain but a generic networked system running on top of existing and future blockchains. It provides unprecedented performance and flexibility through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics.
|Private-sale:||Ended - ..||ENDED||7,460,000 / 7,460,000 USD raised|
|Pre-sale:||Ended - Ended||ENDED||23,250,000 / 23,250,000 USD raised|
|Crowd-sale:||19th of March - ...||ENDED||4,000,000 /4,000,000 USD raised|
Raised: 34,700,000 of 34,700,000USD ( 100%)
|Ticker:||CELR||Available for token sale:||30|
|Token type:||ERC20||Private-sale/pre-sale token price:||0.0065USD/0.015USD|
|Accepts:||BNB||Private-sale/pre-sale bonus:||no info/ no info|
|Prototype:||Yes||Pre-sale min/max personal cap:|
|Team:||4 persons||Crowd-sale token price:||0.0067 USD|
|Team residence:||San Francisco Bay Area||Crowd-sale min/max personal cap:||20 / 1500|
|Company residence:||Cant participate:||Afghanistan,Albania,Belarus,Bosnia & Herzegovina,Burundi,Central African Republic,China,Cote dIvoire,Cuba,Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Leban|
Picolo Research presents a favorable ‘buy’ rating on Celer Network. Celer’s off-chain full stack architecture coupled with their cryptoeconomics mechanism puts the project favorable as a more advance technology against its peers. Furthermore, we are confident in the team’s abilities to fulfil the project milestones and the potential possibilities such as scaling solution can achieve.see more
Celer is one of the more technically advanced projects involved in the area of off-chain scaling, and is backed by strong team comprised of academically and technically gifted individuals. In addition, both on-chain and off-chain scaling solutions are still needed to help foster mass adoption, and off-chain solutions appear to have the advantage in terms of speed and end user experience. The Celer Network currently boasts x15 faster transactions than Lightning Network or Raiden. On top of this, the project also boasts blockchain agnostic compatibility which should bode well; however, Celer is operating in an area that appears to be falling out of favour with investors. Projects such as Raiden and Trinity have seen their market caps begin to dwindle while there is also competition in the form of projects like Lightning Network, Loom Network, and Perun Network.
In order to be successful, the Celer team must build an ecosystem of users, and incorporate marketing strategies to draw in users and foster a significant amount of adoption. Currently, no business development strategies have been provided by the team and if the team get this aspect right, then Celer may prove to be one of the stronger performers in the sector for years to come.see more
Part of our strategic investement interest in the field of scalability. The off-chain solution they offer seems quite promising. Amazing team, great VCs and partners. Wish they have something prepared for the crowd.see more
Sidechain Scaling solution to ethereum with claims to execute 1 billion TPS in future . Team/ Tech & Advisors are solid. However the token metrics looks bad especially after the fall in ethereum price. Seed and private round may have significant bonus over crowdsale. Most developments mainet go live by Q2 of 2019 . Better watch and maybe buy on exchangesee more
First of all, Celer Network IEO takes place on the Binance Launchpad that has already brought a lot of attention to the project, and hype around it (BitTorrent - 10x ATH, Fetch.ai - 5.5x ATH).
Celer Network is backed by PhDs from MIT, Princeton, UC Berkeley and UIUC. The project has an all-star team with years of industry experiences from top startups or tech giants like Google, Amazon, Cisco, HP and more.
The project has working MVP and a public testnet 2.0, Sirius. Moreover, Celer has technical partnerships with QuarkChain, Ankr Network, aelf, IoTeX, Qtum, Nervos, Chainlink, Dfinity etc.
Celer network has already raised up to $30,000,000 on seed and private rounds. The hardcap for the IEO is $4,000,000. Taking into account BitTorrent and Fetch.ai public sales we can expect overdemand and Xs in the short-term.see more
|Midgard Research||10 out of 10|
|ICO Drops||Very High|
|MMCrypto||5/7 — //|
Peer-to-peer real estate platform and Tokenized Ownership
Cloud Application Marketplace
Lending Platform (fiat, crypto for crypto as a collateral)
Infrastructure / Protocol