Trias

Trias

High-throughput blockchain

Average rating : HIGH

IEO on KuCoin and ChainX, details


An all-platform-supported native-application-compatible smart contract execution platform, development framework and collaborating ecosystem.

TRIAS aims to create a new-generation public chain, which will support the execution of general-purpose native-applications on all platforms. 

Our vision is to root trust in machines by creating the Trustworthy and Reliable Intelligent Autonomous Systems.



Private-sale: NO INFO
Pre-sale: NO INFO
Crowd-sale: ENDED - ENDED 2,400,000 /2,400,000 USD raised

Raised: 5,600,000 of 5,600,000USD ( 100%)

Website WHITEPAPER
token metrics
Ticker: TRY Available for token sale:
Token type: OWN WALLET Private-sale/pre-sale token price: /
Accepts: KCS, ETH Private-sale/pre-sale bonus: no info/ no info
Prototype: Yes Pre-sale min/max personal cap:
Team: 10+ persons Crowd-sale token price: 0.004 USD
Team residence: Crowd-sale min/max personal cap: 50 USD / 500 USD
Company residence: Cant participate:

experts opinionopen all

WATCH LIST

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While Trias has developed a partnership with Beijing University through the formation of a joint research lab, cooperation agreements with enterprises and other blockchains that would benefit from a layer integration have yet to be established.

Formation of real partnerships that demonstrate the myriad of potential use case scenarios of Trias will be an important stepping stone for the product. As of yet, progress in this area remains scarce and the roadmap provides little indication of what strategies Trias plans to deploy to this effect.

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Trias proposes an innovative solution that utilizes hardware-based attestation and graph computation algorithms to gain an advantage over other projects operating in the high throughput blockchain sector. In addition, Trias is aiming to break the dependency projects that incorporate TEEs have on the hardware technology from a single provider, and currently the Intel SGX-based consensus requires user to be dependent on Intel’s centralized online verification service. Trias will provide support for ARM, Intel TXT, TGC TPM, and TrustZOne, and open up a wide range of options to projects that are used to relying on Intel SGX integration.


On top of this, Trias is backed by an accomplished team with solid academic and professional backgrounds, and the presence of funds such as NEO Global Capital, Kosmos, Reflexion, and DHVC highlight that the team are close to developing something special.


Despite these positives, there are a number of issues that the team need to address, and currently there is no code for the community to review, and the team also have not released a business plan or elaborated on just how they plan to foster adoption of their solutions. Additionally, Trias is operating in a competitive sector that has an ever-increasing supply of similar blockchain projects and they will have to position themselves to get and stay ahead of all their competition.

Having said that, it is expected that the team will leverage the experience and business network built by Octa, and move to establish themselves within the Chinese market. While the project looks promising, it is still too early to make a solid conclusion as the final verdict will depend on the hard cap and token economics, and this review will be revisited once the Trias team release their token economy whitepaper.

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Positives: 

▪️ Detailed token economic structure and the innovation of DSaaS

Reasonable circulation supply of ~2.2 m USD

▪️ Mainet expected to be launched in Q2 2019


Negatives: 

▪️ Kucoin is not the best exchange to do ieo . $kcs price is volatile post ico and show downward trend

▪️ Operating in highly competitive Cloud Computing space


Verdict: 

Not a fan of Kucoin but every IEO is different. Trias have 40 M $ valuation in pvt sale and with circulation supply of 2.5M $ it should do good on both Kucoin & Chainx 

Short-term: Very good 

Long-term: Promising

ICO rating: 8.8/10

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Trias is a very techy project that is pretty hard to understand for a regular investor but that is what makes it outstanding. It is clearly visible that a lot of time was allocated by the team to conduct the research which is already a good sign. We see documentation being clear and logical. The team definitely has all the skills to deliver the product they are promising. The Testnet is up and running with the Mainnet being around the corner. The tokenomics clearly benefits IEO investors with most of the private sale tokens vested during the year, such an anti-dump mechanism is vital at the current market conditions.


We have our bets on Trias and will try to participate in the upcoming IEO.

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Trias

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ICO Pantera S
MoNoico ALL IN
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Mandy 8.8
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dbcrypto A
OhHeyMatty 80
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