Directed Acylic Graph (DAG)
Average rating : MEDIUM
HashNET is a scalable, fast, secure, and fair decentralized- beyond blockchain project, leveraging Distributed Ledger Technology (DLT) and consensus algorithm which keeps all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption.
|Pre-sale:||NO INFO||20,000 / 20,000 ETH raised|
|Crowd-sale:||15 Sep - 20 Sep||ENDED||3,800 /25,000 ETH raised|
Raised: 28,800 of 45,000ETH ( 64%)
|Ticker:||TOL||Available for token sale:||35|
|Token type:||ERC20||Private-sale/pre-sale token price:||/|
|Accepts:||ETH, BTC, FIAT||Private-sale/pre-sale bonus:||20% / UP TO 20%|
|Prototype:||YES||Pre-sale min/max personal cap:|
|Team:||28 persons||Crowd-sale token price:||0.00014505 ETH , 0.0289 USD|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||Cant participate:||CHINA, USA|
Tolar is positioning as next step of blockchain system — faster, more scalable then existing projects. Unfortunately there is no testnet available currently, but according to the team a promising MVP performing 100,000 tps will be available before ICO. We are excited to see the project’s development among the upcoming months and find out whether Tolar can truly compete with the current heavyweights that are aiming to bring a scalable and rapid blockchain to the masses. Furthermore, we believe that Tolar’s hype will steadily increase up until the crowdsale, however post-ICO, the team needs to step-up their marketing efforts if they want their product to remain relevant among investors and the cryptocurrency community as a whole.see more
Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping: C
The project has been fundraising for a few months (presale started since May and is still ongoing) and the team gave presale access to many pools. The momentum for the project has stalled.
We believe there isn’t enough demand to reach hard cap. In this market, we believe one can purchase tokens at a lower price after they are listed.
For long-term holding: B
The TPS number is looking good, but there are more and more projects with similar claims. Blockchain protocol projects need to ensure adoption and one way is to secure partnerships (which Tolar doesn’t seem to have much). Therefore, we are neutral about the long-term viability of the project.see more