OS / Smart Web / Ecosystem / Dapp platform
Average rating : MEDIUM
nOS is the Virtual Operating System for a new, transparent internet. Powered by the NEO Smart Economy.
|Private-sale:||NO INFO||6,000,000 / 6,000,000 USD raised|
|Crowd-sale:||Oct 29, 2018 - Nov 08, 2018||ENDED||3,670 /3,670 ETH raised|
Raised: 9,185,700 of 22,500,000USD ( 41%)
|Ticker:||NOS||Available for token sale:||50|
|Token type:||NEO BLOCKCHAIN||Private-sale/pre-sale token price:||/|
|Accepts:||NEO||Private-sale/pre-sale bonus:||no info/ no info|
|Prototype:||YES||Pre-sale min/max personal cap:|
|Team:||5 persons||Crowd-sale token price:||0.1 USD|
|Team residence:||Crowd-sale min/max personal cap:||N/A / 9000 USD|
|Company residence:||Cant participate:|
I covered that briefly in my last live stream, I don't think token metrics are out yet so can't fully grade it, right, so that remains to be determined.see more
nOS has a lot of hype. Team members are from the City Of Zion and have a solid experience in creating working Dapps. However, in contrast to the widespread opinion, we don't think that the project can be compared to EOS or Elastos. The fact is that community misinterprets meaning “virtual operating system”: in case of nOS they create AppStore for decentralized applications. It is not about creating “new Internet”. The closest peer for NoS is Zippie (trading with a market cap around $10mln now)
We are waiting for more information and whitepaper release, but fundraising goal should be less than $20 mln for the project to have a chance on a higher rating.see more
- Hard cap still to be declared.
- Strong developer focused team - Founder and other senior team members are all developers at City of Zion. Project is backed by Da hongfei amongst others.
- Vital use case - The need every ICO/dapp having its own coin impacts future adoption particularly with the general public. nOS allows automatic conversion to allow seamless use of dapps through its "browser"/viewer
- MVP in existence - The nOS MVP Client is available on GitHub. Currently, developers can build nOS apps on their own NEO Privatenet. Soon, nOS will release its Testnet where users will be able to interact with nOS applications.see more
nOS tackles a very dedicated sector that aims to foster adoption to the dApp industry, by developing a user-friendly gateway and marketplace where users can access and promote applications in a decentralized manner. While the dApp adoption phase is only in its initial stages, nOS aims to stay ahead of the competition by creating an ecosystem to host the applications developed on NEO. This can be leveraged especially with the team’s CoZ connections, as most of the NEO Development is focused around this community. Thus, an opportunity arises for the nOS platform to gather traction along with the newer NEO projects, by engaging in a mutually beneficial relationship of promoting the adoption of their respective platforms.
However, there are certain areas of concern regarding the lack of a long-term approach and a business plan, as there is no focus on how the adoption of the platform will occur. There is also a certain dependence of the platform on the NEO blockchain and with the CoZ, which might serve as a double edge sword, being both an advantage and a possible weakness, as failure of the NEO ecosystem will also translate in the fall of nOS as a platform. The team is also very small compared with the vision of the project, especially in areas concerning business and legal aspects.
We feel that nOS has a unique approach and targets a very under tapped area, with a lot of possible use cases that will offer an edge into the adoption game to the NEO ecosystem. Nonetheless there is a lot of competition that the project meets when split on the key areas, as many projects aim to create a dApp gateways, a decentralized file storage and domain name service and a browser to access the decentralized Internet, all with different stages of development. This raises some concerns, as we feel that the team focus is split between too many features, creating possible failure points and a possible dissimilar platform.
|Coin Bloq||Cash Cow|
|MMCrypto||6/7 — //|
|Midgard Research||5 out of 10|