Nervos () ICO Review and Rating, News and Token Sale Info

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Nervos

DApps

Average rating : HIGH

Nervos is a suite of scalable and interoperable protocols and an open blockchain "Trustware" platform for decentralized applications.

Private-sale:		NO INFO
Pre-sale:		NO INFO
Crowd-sale:	TBA - ...	NOT STARTED

Raised: 28,000,000 USD

Website WHITEPAPER

token metrics
Ticker:		Available for token sale:
Token type:	OWN WALLET	Private-sale/pre-sale token price:	/
Accepts:		Private-sale/pre-sale bonus:	no info/ no info
Prototype:	NO	Pre-sale min/max personal cap:
Team:		Crowd-sale token price:
Team residence:		Crowd-sale min/max personal cap:
Company residence:		Cant participate:

experts opinionopen all

Crypto Briefing

30- Apr. The Nervos ICO provides an infrastructure-based path to scalability for dApps that holds great potential for its decoupled, blockchain-agnostic design. While the project is still in the early stages of product development and community building, the team behind Nervos are seasoned blockchain veterans who have founded and contributed to foundational projects in the space.

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TL;DR

What I like:

The Nervos Architect, Jan Xie is a contributing member to Ethereum Casper and founder of Cryptape, a Chinese blockchain company that notably has Vitalik on its advisory board, and which provides a lot of engineers to the Nervos team. This leads me to believe the team has the ability to execute
There are a lot of notable crypto funds mentioned as investors on the project’s website, so this means the project is virtually completely funded already
Cell owners can cover for the cost of their dApps which means models such as Freemium are possible on Nervos

What I dislike:

Although the project has been around for a while, there is still very little information available, which the team says is due to deliver
According to the newly released roadmap, an early alpha version will be available in Q3 2018 and main net Q2/Q3 2019, which is a long wait
The token is used to pay for storing dApp data on the network is a smart model for Nervos, but a weak incentive adoption for miners, until dApp adoption comes to Nervos

Overall, I am on the fence about it. I like the competent team and the proposed architecture, aka public chain + multiple customizable shards called individual blockchains, which is getting traction in the blockchain space. I, however, dislike that the actual project is relatively slow and very little GitHub action can be seen. The project does have a lot of potentials especially because of the team, this one remains on the watchlist.