Hello hello.
I hope everyone is doing well.
As we know there are so many ICOs going on that it is vital to be extra careful while investing in them because there are a lot of projects that will disappear one day.
And I think the best strategy for ICOs is to make sure that the team is with a great background and competent enough to execute because there are so many projects which could be quite unique by their approach, but if they are not able to execute it, then you can only go so far with the concept.
Of course, there are exceptions, but just to minimize the risk, I think that is a good way to go.
And this is something I want to share with you.
Name: PChain
ICO Date: To be announced soon
Whitelist + KYC closes 18:00 on May 10, 2018 (GMT+8, Singapore time)
Website: https://pchain.org
Invitation link to register for ICO (optional) : https://pchain.org/register?invitation=3b3de737
And if we start with the team, then I think this kind of background is something that we are actually looking for.
The CEO of PChain
As well check their webpage for more members, who have a quite interesting background :)
PChain aims to be the first native multichain system in the world that supports Ethereum Virtual Machine (EVM), which consists of one main chain and multiple derived chains.
While solving the issue of scalability, it also solves the issues of interoperability as it offers cross-chain functionality to a wide array of public blockchains, including Bitcoin, Ethereum, Bitcoin Cash and a host of others. The scope of the project is therefore far beyond not just Rootstock but also more complete interoperability solutions like Polkadot, which uses one-size fits all approach, where PChain can support the smart contract call of non-native tokens. As well, they are one of the first along with the likes of Zilliqa to pioneer the technique of sharding to improve the performance.
Prior to founding PChain, Dr.Feng Cao co-founded ChinaLedger, which is China’s leading open-source blockchain for the financial sector, formed of an alliance of 11 regional commodity exchanges, equity exchanges, and financial asset exchanges. PChain are now in the final stages of completing a partnership with ChinaLedger, which will give them a great reach to potential partnerships. ChinaLedger is also partnering with the Chinese government on multiple projects, giving PChain opportunities to forge all important government partnerships going forwards.
Additionally, PChain have a partnership with the China Federation of Logistics & Purchasing (CFLP), who are a government mandated agency, whose mission is to harness advances in technology for the logistics and procurement sector. Dr. Feng is also Chief Scientist of the Blockchain Application Committee of the CFLP, in one of his many roles on key Chinese Blockchain committees. This gives PChain unrivalled access to industrial applications, for which they are uniquely able to provide solutions to given the scalability of their solution.
These are just 2 of an entire ecosystem of partnerships in place, which include partnerships with the likes of the Chinese Computer Federation, the Harvard Innovation Lab, the North America Blockchain Association, IEEE, The University of Queensland and more.
Furthermore, please make your own research and please do understand this is not a financial advise, but more likely for informative purposes.
I wanted to put this out there quickly, as the KYC is about to close soon.
Just make sure you remember, when investing then you are responsible for that action. Even if everything looks beautiful then there is always risk involved and anything can happen.
Great amount of the content is from the Torque Capital Partners Medium post. You should definitely connect to their channels as they share good stuff.
Thumbs up for these guys!
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