NKN

NKN

P2P Network

Average rating : MEDIUM

Project aiming to rebuild the Internet that will be truly open, decentralized, dynamic, safe, shared and owned by the community.

Private-sale: NO INFO
Pre-sale: NO INFO
Crowd-sale: 19 Apr - 19 Apr ENDED

Raised: 24,100 of 24,100ETH ( 100%)

token metrics
Ticker: NKN Available for token sale: 10
Token type: 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: 4 persons Crowd-sale token price:
Team residence: Crowd-sale min/max personal cap: 1 ETH / 10 ETH
Company residence: Cant participate:

experts opinionopen all

Also looking to target NKN either in gas war or on exchange they should really implement an individual cap before one whale scoops it all. Thought this was 2018? Not FA.

Was just updated by chat its not a gas war its on a website with 150 ETH cap. Cap should be much lower imo.

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Andrey: They will sell 10% of tokens to early birds and public for 24000 ETH. 25% will be sold to strategic partners and funds, with lock. This situation reminds me Ontology, I think there in going to be pump.

Alexey: Project is interesting, our Discord team wants to participate.

Sergei: I am planning to participate in NKN, because our team has made an in-depth research on the project and it is definitely TOP.

9-Apr. Alexey: We participated in NKN. Cap was not big. But soon there will be main sale. (whitelist is now open)

16-Apr:

What are the candidates for very high interest:

Bruce: NKN

Andrey: NKN

Sergey: DFINITY

Alexey: NKN, DFINITY, HashGraph, NuCypher

Ivan:NKN, Nucypher and Pchain. Link

30-May. Sergey: I don`t want to sell it. I think it can cost more in future.

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Their true hard cap is quite high for an ico with super long roadmap. No testnet or main net till late 2019

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NKN wants to build an Internet product on the blockchain that functions independently from centralized data transmissions, so let’s break this down: current internet technology uses something called TCP or IP networks to establish a connection and stream data between two hosts, NKN actually wants to use a novel proof-of-work consensus mechanism to tokenize network connectivity and incentivize users to share their bandwidth in return for rewards.


I don’t have all the information for the token economics. (N/A)


So the closest competitor I could find to something like NKN was theater token, streaming videos on the internet, whereas NKN is more focused on the whole internet protocol. Although, you’ve got Substratum, you’ve got Orchid protocol, you’ve got RightMesh?—?all these companies are operating the same market niche, they might not be doing the exact same thing as NKN, but they already have working products and prototypes.


The main caveat is really their release date for their product, their blockchain development will not begin until q2 of 2018 and the test net won’t start until q 1 2019.


Hype 30 out of 100. (not many people are talking about them but it is still very early days for the project)


Team 80 out of 100 (they’re actually a Chinese led team I believe and they’ve got industry experience in telecommunication companies like Qualcomm, Nokia, Motorola, Ericsson?—?I really do think that they could pull this off).


Token economics?—?N/A.

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The NKN ICO delivers a proposition that legitimately warrants the word “revolutionary”. But as Lennon and McCartney once said, “You say you got a real solution / Well, you know / We’d all love to see the plan.”

For a project of such magnitude in the early stages of development, we are left with the team and product concept as our primary indicators on whether or not to place a bet.

To this accord, it would be difficult to find a team better suited for the task of building and launching a New Kind of Network.

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NKN is a very ambitious project with an all-star team and a truly legendary advisor. While there is not currently a great deal of information about NKN’s future development, the facts noted above show the connection of NKN with Onchain, NEO, and Trinity. NKN is an Onchain/NEO subsidiary, and it aims to be a part of the future Chinese blockchain ecosystem.


The main danger comes from a very long developmental-timeline (main net launch in Q3 2019) and no working prototype.

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