After the recent digitization wave and with the evolving mantra of globalization, buzzwords like cloud computing, resource sharing, big data and artificial intelligence have received immense public attention. The idea of the above mentioned technologies is one; to reduce human intervention, improve speed and quality of processes and reach cost optimization for businesses.

As businesses and industries now realizing the need to transform business models into fully automated systems, the need for automated Artificial Intelligence apps (AI) and services is also escalating. With the rise in demand, the competition is also on the rise: However, with the launch of IBM Watson Studio, a large number of audience concerns including transparency, trust and scalability have been resolved.

1. IBM Watson

Watson is IBM’s enterprise suit which provides AI services, applications and tooling. The importance of the enterprise suit can be gauged from the fact that it provides organizations to store, manage and create data in modern ways. Driven by the big data, the suit extends wings to entities by doing repetitive tasks on its own and allowing managers to solve more real world problems. Some of the used cases for the suit are research and analytics, better interactions, anticipation and management of disruption, scalability of complex tasks, detection and risk management techniques (Corporate, 2019).

1.1. Why Use Watson

Before indulging into the discussion related to the benefits which Watson offers, it is more important to answer what Watson can do for an organization. While the Artificial intelligence does provide automation, the benefits offered by using Watson goes few miles extra. IBM Watson augment existing AI and optimize data and provides end-to-end flow improvement.

The enterprise accelerates AI lifecycle and allows your system to be in the control of the shared resources. Thirdly, it also enhances virtual performance of the network, system and connected devices and thereby improves the AI enabled outcomes.

1.2. Where is the Automation

In an already competitive era, companies are today not only competing on the amount of costs being deployed but also on the time being invested in certain set of tasks. The benefits of automation become more visible in an already time intensive industries such as automobile, electronics and energy. The allowance of virtual data sets, prediction enabled production-ready models, trustworthy and fully traceable procedures are some of the linked benefits of automation by which industries gets benefited (Intelligence, 2019).

The features provided by autoAI are 1) integrated UI which provides data preparation, feature engineering and hyper-parameter optimization, 2) Pipeline leaderboard which can make true comparison between different comparing models and 3) One-click deployment which saves time and provide ready-to-deploy Watson machine learning services.

The direct benefits of using underlying features are time savings, quick start and AI lifecycle management which results into consistency and repeatability of end-to-end ML and AI development (AutoAI with IBM Watson Studio, 2019).

1.3. Is AI necessary for your industry

The answer is very much “Yes”. Despite the complex and technical requirements of your industry, automation is really necessary for the survival of each and every business segment. Apart from time savings, cost effectiveness and enhanced productivity levels; automation does reduce causalities, reduce reliance on human intervention and enhances business lifecycle and its underlying profitability as well.

While almost every industry gets disrupted by Artificial Intelligence, let’s discuss a few to get more clarity. Starting from the financial industry, IBM Watson provides AI enabled services which helps in early financial crime detection and provides mitigation plans, calculates financial risks for capital optimization, is adaptable to highly changing government regulations, manages complexity of risk by gaining regularity insights (IBM Banking and Financial Markets, 2019).

Another important industry to discuss which gets impacted from IBM enabled Watson suite is the Education sector. The AI provides personalized content for students, enhances early childhood vocabulary and introduces AI based tutoring concepts to save both time and costs (IBM Watson Education, 2019).

Finally, the technology also creates meaningful impact on the healthcare sector by building an ecosystem, transforming care management systems and optimize collaboration to deal with persistent diseases (IBM Watson Health, 2019).

2. What has Watson got to offer?

The features offered by Watson take a toll over its alternatives. Some of the immediate features offered by Watson are Artificial Intelligence Lifecycle Management, Watson Intelligence, Watson Solutions (API and applications) (Watson Offerings, n.d.). The immediate used cases for Watson comes in the form of trustable and transparent AI outcomes, allowing users to launch a chat bot thereby reducing 29% of their costs and using big data at play to find answers for complex questions and hence improving employee productivity levels.

2.1. Artificial Intelligence Lifecycle Management

The second offering by Watson comes in the form of AI lifecycle management which manages full lifecycle of AI. From preparation of data to the final AI enabled models and predicting outcomes in an almost correct fashion, the IBM AI lifecycle management which include Watson Studio, Watson Machine Learning and Watson Open Scale (AI Lifecycle management, 2019).

2.2. Watson Integrations

Two software’s are provided currently under the umbrella of Watson integrations. This include Watson+ Salesforce and Watson+ Box. The underlying features of Watson+Salesforce is to simplify and enhance your customer relationship management (CRM), improve leads and improve efficiency levels (Watson solutions for salesforce, 2019). The software as evident from its name is used in sales tasks. On the other hand, the second software which is Watson+Box improves content, translates content and streamlines workflows (Watson Box, 2019). The latter can be thought of as a n improved version of MS office with additional features (Watson Integrations, 2019).

2.3. Watson Solutions

Watson solutions come in the form of Watson Discovery and Watson Assistant (Watson Box, 2019). The benefit of using Watson Discovery is it unleashes hidden value in data to evaluate ongoing trends along with providing cloud-native insight engine. On the other hand, Watson Assistant can be considered similar like Google Assistance which provides automated conversations and can build conversational interfaces into any application (APIs and Services, 2019).

3. Developing with Watson

After understanding of the numerous underlying benefits and astonishing features, how to develop and get hands on the platform is the most searched stuff you would be looking at. IBM offers a completely free platform with AI enabled features and integrated cloud services. The platform offers complete documentation including webinars, notes, lecture videos to help developers improving their understanding of the subject matter. The second resource comes in the form of starter kits which provides example codes. Thirdly, the website also includes SDKs which offer installation link and sample GitHub templates to motivate developers in starting their Watson journey. Finally, IBM also provides a way to share your learning with the peers and improve the collaboration process amongst different participants too.

The extremely positive side of the IBM Watson is its developer friendly tools. With a free starter pack and exceptional resources at hand, the protocol appears lucrative for both beginner and expert level developers.

Conclusion

Putting things into perspective, as the competition has increased multifold for various business segments, the dynamics of operation management has also taken a 180 degree turn. From importance being put into the physical aspects of a business, the new business mantra focuses more on the service side of the business. Today, human resource and time are considered to be the biggest costs for any business and in order to make the most out of the investments, companies need to produce maximum output involving little costs and time. While the basic economics teaches us the opposite which means input is directly proportional to output, here comes Artificial Intelligence into play.

The benefits of Artificial Intelligence are enormous and the impact it puts on the industries is also large scale. From healthcare to energy segment, the artificial intelligence does not only halves the business operation costs but also reduces chances of mishaps and casualties. The involvement of free platform also offers developers a chance to showcase their work to the world and the collaborating feature brings different business segments of an entity together thereby creating cost synergies and product optimization.

With IBM enabled Watson Artificial Intelligence, businesses are now finding a new wave of blood to realign their efforts from monotonous tasks to now more strategic maps. With chat enabled bots, Watson assistant and improved communication systems, IBM is providing small scale businesses a chance to remain connected to their clients 24/7. And the platform is not only improving the communication network between business consumers, rather it is also providing a chance for businesses to predict consumer insights as well. Demand prediction which was now happening only on excel sheets with the help of regression analysis is now becoming easier on the back of various factors including external, cultural, social and internal. All of these factors then put into the consumer insight models would then provide easy to use findings and is paving path for marketers to test new ideas and concepts too.

Finally, the need for businesses to adopt artificial intelligence has not been felt the most since in recent times. It would be an understatement to call AI the future of business as the rapid absorption of the newly introduced technology is making waves and has already captured approval of top-tier companies; now it is only a matter of time for the mid-scale and small-scale businesses to join the bandwagon.

With the introduction of the fourth industrial revolutionary wave of blockchain and the rising emphasize upon decentralization, critics started to pinpoint the underlying limitations of one of the fastest growing digital currency named bitcoin. The same pace at which the proponents were chanting slogans of cheap and instant funds transfers, whispers started to surface regarding the dilemma the coin faced on the fronts of scalability.

Several techniques, including lightning network, Proof of Stake (PoS) and Sharding have been introduced to tackle this dilemma; however, none has been a hundred percent successful so far. Until very recently, a Boston-based software company Algorand opened its test net and has raised USD 60 million during a token sale. Before delving into the technical details, it is crucial to understand the project idea and what aims to offer (Alexandre, 2019).

The idea of the coin is to create a borderless economy backed with permission less Proof of Stake (PoS) protocol developed on an open-source platform supported with security and scalability aspects. The key features of the coin are mentioned below;

Security:

For any investment avenue or a payment processor, the very first aspect to discuss is its underlying security. Supported with the blockchain technology, Algorand blocks are constructed in two phases where the process is known as “cryptographic sortation.” Unlike initial blockchain projects where the verification takes up to hours, the process in ALGO is based on a simple token selected on random basis which proposes the next block. The next step is the voting one where 1,000 random token approves the initially proposed token.

This process is different from native blockchain projects in two ways; the first is the selection of proposing token is on a random basis and not through a calculated guess. The second layer of difference occurs in the voting process, which is independent and is based on random simulations. Resultantly, the project proposes even an extra layer of security whereby no minor player can manipulate the transaction.

Scalability:

While the security aspects are wonderful, the scalability features are even more interesting. The project is based on low-computational needs while the verification of transaction happens instantly based on the inherent voting system.

Decentralization:

And finally, the decentralization aspect. So what has been happening in the blockchain world was a layer of centralized manipulation underlying the distributed ledger technology. Miners had a chance to manipulate any transaction if they want. With no proper mechanism to protect transactions from such malign attacks, Algorand completely changed this layout and introduced a random selection of participants.

In a nutshell, the project has a professional team (an MIT faculty, a serial entrepreneur and an experienced consultant) promising the prospects of the project to be much better than what has been promised in the whitepaper. Finally, the last equity funding round of USD 66 million and supporting other technology ventures like Metastable, Sparkpool, MultiCoin Capital, AlgoCapital, or even NGC further strengthen the investment case for Algorand.

On 19th June 2019, turning out against all the odds, the U.S. Federal Reserve left the interest rate unchanged however removed the word “patient” from its Press Release hinting towards possible future rate cuts. Previously, the Fed has kept the rate within a range of 2.25 percent to 2.50 percent and has mentioned the word “patient” in its statements to point not going for any rush in changing the monetary stance (Watch, 2019). However, the same word has now been removed from the statement hinting possible change in monetary stance from tightening one to expansionary.

With the slightest hints, the global investment avenues have seen a surge in price levels. At the time of writing this article, starting from gold (up 6.1%WoW) to currently trade at USD 1,430/ounce ; the commodity is at its highest trailing price since August 2013 and has also broken the psychological resistance of 1,400/ounce for the first time in the last six years. Similarly, stock markets have also exhibited a sigh of relief over the FED announcement and have rallied with Dow Jones Industrial Average (INDU) up 10.20% MoM, Standard & Poor S&P 500 (SPX) up 8.40% MoM and Nasdaq Composite Index (CCMP) up 6.3%MoM, respectively.

Similarly, crypto markets have also taken the news positively, and the bitcoin has rallied breaking USD 10,000, USD 11,000 and even USD 11,500 levels respectively. While the recent rally cannot be fully accredited to FED news as the leading technology giants, i.e., Facebook has also announced to enter into crypto space. With the internet chanting slogans of another bull run, here is our understanding on the subject matter, especially after the anticipated FED rate cuts.

From Finance 101 classes, we have already learnt that during expansionary waves, businesses boom and industries flourish while the consumption surges too. This all happens because of the interest rate cuts; however, to add on rather than saving, people tend to invest. During expansionary waves earlier than the 2008 financial crisis, the stock market has always been the perfect bet to make money during expansionary monetary policy. However, now since the technology wave has been matured, and the stocks have already rallied multiple folds, valued investors are putting their bets on one of the evolving markets and one of the most innovative technologies (crypto markets underlying blockchain technology).

Why Bitcoin?

After the financial crisis of 2008, blockchain has been formally introduced as an alternative payment mechanism. However, this is not only a payment processor to remit payments instantly, and at a cheaper cost, rather it is another world of smart contracts where information, applications, and data can be shared on a distributed ledger allowing the globe to achieve its virtual global village goal in true spirit.

Consider bitcoin for a moment, something decentralized and having no inflation along with pretty much easy access to all institutions and retail investors; are not these features lucrative enough for any potential investor to put some of his eggs in this basket? Definitely yes, and how can we forget the 2017 and 2018 20x boom where the rally just started with a mere USD 1,000 and went up to USD20,000.

With increasing awareness amongst masses, incoming developers, budding applications; the platform appears to be one of the juiciest investment avenues for a long term investor to bet on the underlying coin.

Relaxed Taxation:

The second important aspect of an investment, which comes after understanding the project layout and prospects is its taxation. While the bitcoin is in its early adoption phase, the regulators are now turning its eyes towards bringing the asset under taxation. This holds positive for the coin in the long term. The same asset which was now debated over as a scam is now being considered as an asset on the taxation books is a huge victory which self-explanatory explains the coin’s potential.

Early Adopters:

Recall how the evolution of money happened. From Goldsmith era to the card economy, every revolution has first faced huge opposition from the public but eventually what has happened to the e-commerce, internet banking and mobile banking industry is what the world knows today. Taking cues from the past developments, the early adoption of bitcoin is a huge benefit for investors as the underlying technology is now turning into a reality and with this reality coming nearer, the increase in price for the underlying assets (bitcoin) looks on the cards already!!!

Keeping the tone composed (though we cannot!!!) the investment thesis for bitcoin becomes even more lucrative after technology giant Facebook has announced its entry into the segment. The news has now turned the world’s eyes glued to the bitcoin soaring price again anticipating the coin ready to touch 100,000 in this upcoming bull run.

According to IDC, by 2025 there will be 163 zettabytes of data in the world. Following up on the above forecast, IBM report found out 80% of data today is unstructured and cannot be stored permanently.

Although, The current blockchain protocols tend to solve the unstructured aspect of data; However, the limitations of current on-chain data storage including 1) scalability (due to high-fees), 2) requirement of third-party integrations and 3) temporary storage paves way towards a need for a protocol that can solve existing gaps in the distributed ledger space.

Arweave is the first data storage blockchain platform that stores data on permanent basis and provides low-cost storage solutions. Recall, existing protocols faces high fees due to on-chain storage which requires third-party protocol to be synchronized in order to bring down costs; this however results in privacy and trust issues thus compromising on the basic essence of decentralization.

Limitations of Existing Technologies

Most blockchain technologies work on the mantra where a “full node” maintains a duplicate copy of “entire chain” to verify past and future transactions. While the increasing usage of blockchain makes the existing system a whole flawed; Arweave tends to solve this issue with its “block-weave” technology whereby nodes carry only relevant data and directs irrelevant data onto sub-nodes or branches thus reducing the burden of data from main chain and hence translating into low-cost permanent storage.

Features of Arweave- Reviving data storage from scratch

• No more forging or modification!!

Arweave tends to solve limitations in traditional (centralized) data structures (like Mckinsey) as well as in existing blockchain too. The traditional system suffers from ownership of content which can be altered or changed as per onwer’s discretion or can be censored while the existing blockchain protocols lacks low-cost and permanent storage facility on distributed ledger. But, arweave tends to solve the issue by providing low-cost, permanent data storage facility in a manner where the whole network has ownership of content. For example, the white paper explains it in this manner;

Once the document is stored on the weave, it is cryptographically linked with every other block on the weave. This ensures that any attempt to change the contents of the document will be detected and rejected by the network

• Blockweave- On going verification saving miners time and cost

In normal blockchain protocols, a “full node” consensus is required for verification which increases cost and makes the whole process time consuming for existing as well as old miners. Arweave uses 1) Block hash list and 2) Wallet list both will be verified on-regular basis thus making the whole network updated from genesis block verification to the current one. For any new miner, this technology will be like heaved, where they dont need to update and verify the whole chain.

• Proof of Access

Arweave is one of the very first projects incorporating Proof of Access concept along with Proof of Work. In typical, Proof of Work scenario, a miner do not need to store all blocks (forming a blockchain), but rather can store any previous blocks, incentivised by PoA and wildfire, forming a weave of blocks, a blockweave. This means less hurdle, less duplicate data and easy mining as PoA algorithm chooses data on random basis.

• Wildfire

Since Arweave shares data free-of-cost, it has added an additional layer of incentive for miners to continue mining. This works on ranking mechanism whereby peers are financially incentivised to stay well positioned in each other’s rankings, this makes wildfire system a low cost and high-speed network distribution mechanism.

• Block-shadowing

Normally, when a new block is mined, the entire block is distributed to whole chain thus causing lots of duplication and burdening chain with too many data sets. As a result, average transactions slows down and so does the time required to reach consensus about a block by network. Arweave uses block-shadowing which works by sharing only a minimal block “shadow” between nodes thus making whole network lighter and speedy.

DApps- Taking arweave one step closer towards Mass adoption

Sharing free data is not only the aim rather providing a light and sustainable eco-system for future DApps is the motive of project. A developer in order to take advantage of inherent arweave blockchain needs only to link Arweave wallet through a Chrome extension or needs to integrate any native application on Arweave wallet. On heart of the Arweave technology, a number of new DApps can be formed thus paving way towards future of decentralization.

Team

The team appears professional having vast experience in blockchain technology. Linkedin profiles together with past scholar work further improves our satisfaction on the professionalism of Arweave team.

What the Github says?

The github has total 726 commits with 5 branches by 7 contributors. The 7 is a healthy number as compared to average projects where 2–3 developers are committing. Checking on the dates of each commit shows the coding of the project started 8 months back which makes us believe the original code must have been written even before that. The final coding and testnet files shows that the team is ready to deliver on its promise of MainNet.

MainNet- Delivering on Promise ahead of competition

The token sale of Arweave ended on 6th June and the team is ready to bring the MainNet even before the coins have been distributed, this just increases our conviction on the strong commitment and dedication of team.

Token Economics

The team raised $8.7mn in total with a token supply of 66mn; since under 100mn tokens are always considered as top notch in crypto heaven, the very low market cap further adds cherry on the top for investment case of Arweave.

Final Verdict

As a project and as an investment, Arweave fulfills all check marks to be considered as one of most promising ICOs of 2018. We maintain “Buy” stance on the coin.

Fuloos is a digital currency with an innovative idea which mainly focuses on the usability, it is more efficient in creating real life usage and products which highly ignored now a days by upcoming virtual currencies as they mainly focuses on making their token being traded on some renowned exchanges and ending up with unseen wealth, in the end there’s no real life usage or product being used feasibly by every common user. So that users can trade and shop with fuloos anywhere anytime.
Fuloos actually opens the door for a whole new dimension where the clash between fiats and cryptocurrency really ends as the trade mark line of Fuloos is

“ We offer a digital platform to allow store owners and fuloos users to to trade easily throughout the day the services they love using the currency they love. ”

That clearly indicates the main purpose of fuloos to give a real life product & in order to implement the idea Fuloos comes up with some exciting features you will find below;

Merchant Platform

Fuloos merchant platform is a clear example of a real life product which is rare now a days in the crypto space. The fuloos merchant platform enables the store owner and the user to deal or trade any service with fuloos. Fuloos merchant platform can be utilized for store proprietors to acknowledge Fuloos as an installment for their administrations or items with premade programming augmentations for web based business programming.

• Shopify
• Wordpress
• WHMCS
• API for developers

Web Wallet

Our dealer stage can likewise be utilized as a Web-Wallet to hold your Fuloos Coins and empower numerous security layers that can protect your assets are sheltered. Now a days security measure must be toughest in order to avoid incidents happened recently to the XVG verge protocol which has been hacked twice couple of times. Fuloos ensures military level security to user funds.

• 2 Step Verification
• Email Approval
• Secure Service
• Guaranteed Uptime

Notifications

This is the most unseen part in the crypto space, this is the beauty of fuloos that consistent updates about your records action, for example, accepting installments and withdrawals direct to your email address keeping you completely mindful of your assets. So you can make transactions on the go with complete satisfaction as you’ll be having completed record on your finger tips.

• Receiving Payments
• Sending Payments
• 2 Step Verification
• Withdrawal approvals

An easy to use platform

Fuloos mainly focuses on the usability or real life usage hence it is necessary to create a user friendly platform which can be usable by a common man, simple and secure. Our platform has been intended to be straightforward for anybody to utilize and have full control over their record.

Easy Invoice

we give a simple to utilize receipt framework enabling client to pay for their services quicker and less demanding than some other installment benefit, thus simplifying the hectic way of transactions adopted by wide range of crypto currencies.

API

Our powerful API is the need of hour. It enables the store owners and e-commerce owners to integrate Fuloos Pay system to their platform just by using a simple API. E-commerce software just required an induction from the owner of our API to make system fool proof with the Fuloos Pay system in many aspects.

Mobile Applications

The mobile applications program is underway will be out real soon which enables the user to to transfer the payment or to withdraw the funds on the go, you really don’t need another gadget except your mobile phone to gain full control over the account and make the transactions feasibly. We have induced the QR Code Scanning in our Fuloos Pay service which enables the user by just scanning the code given by the merchant and your transaction is just one scan away to the QR Code, a common man wont find anything easier than paying with Fuloos Pay.

Want to accept Fuloos pay?

In order to have a detailed understanding, please visit fuloospay and stay tuned for more freshly brewed content.

The recent wave of blockchain can be considered as second to dot com bubble; after the 2008 economic downturn and envisioning of an alternative financial model in the form of distributed ledger that was first proposed by Satoshi Nakamoto changed the landscape of digital currency completely.

Today, the crypto-currency market cap stands at $380 bn with an All time high of crossing $800 bn mark in January 2018. The recent cricle acquisition by Goldman Sachs, introduction of blockchain research by JP Morgan, recent hearings to discuss categorization of tokenized securities by SEC paints a rosy picture for future of blockchain together with crypto currency boom.

In order to facilitate any decentralized business model, a proper platform base is always required and as Ethereum working towards “Smart contracts”, neo bringing “Smart bridges”; everyday hundreds of ideas choose their language for coding and development. With python, C+ and C++ being the norms, Egretia is going an extra mile to bring firts HTML5 backed blockchain platform.

Technology & Features

With 200,000+ developers on board, the project is aiming for 1 bn+ user base through gaming platform, virtual goods trading, storage cloud platform and advertising channel. The team discusses used cases in its whitepaper in details which are also mentioned below;

• Products and Dapps based on HTML5 where Egreten token will be used as means of payment
• The same tokens can be used to buy built-in apps, content or any paid stuff. Consider it as a next Google Play Store
• Loyalty and reward programs will also be supported by Egreten tokens across the globe
• Advertisement platform will also be based on Egreten tokens where buyer and seller both will use same mechansim
• The project is also aiming to launch first HTML5 based wallet to secure funds and tokens.

1 bn devices’ connectivity- Is IoT realizing its full potential ?

While it took almost a decade for bitcoin to be realized as an emerging currency yet the phase for mass adoption still looks far away. This was the first generation for distributed ledger, the second wave of revolution came with Internet of Things (IoT). As Forbes define, IoT is the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). Egretia is one of key projects in the IoT sphere and first one based on HTML5 platform.

At the heart of Egretia project lies a complete new platform based on HTML5 layer. According to its website, The project has joined hands with its parent company Egret technology who has been working into HTML5 workflow since four years. The company currently has 10 working products which it aims to increase to 14. As a result of 200k developers, almost 1 bn devices have been connected with mobile terminals thus paving way for internet of things (IoT).

Layer on Layer- A sophisticated eco system

While most of the projects either work on first layer of blockchain (i.e. platform) while some goes all in end product (Dapps) but taking Egretia in consideration shows a combination and a full proof sophisticated eco-system. The project is building HTML5 blockchain platform for its gaming developers. Although it will make the case for gaming platform much stronger, the introduction of a complete new chain in blockchain space based on HTML5 can also not be ruled out; hence saying the project is building a multiple layer of HTML based ecosystem that will compliment its user base, improve device connectivity and will facilitate developers is a reasonable comment.

Six multiple branches/used cases for HTML5 blockchain

Saying the platform will only compliment gaming developers is a gross misconception. The team is building an eco-system which will facilitate advertising, storage, content creation and trade platforms all under one basic HTML5 inherent chain. In addition to multiple revenue streams, the project is also working towards building an engine and a tool-kit all based on same technology to increase chances of its further development and up-gradation.

Lastly, to continue seeds of innovation and passion; Egretia will launch its own incubator as well where newer ideas will flourish and ways will be discussed to update the basic technology. Additional Dapps and gaming apps will nonetheless act as cherry on top.

Team

The team is relatively young with a diverse working experience at Adobe while the advisors have rich experience in gaming, VR and blockchain technology. The LinkedIn profiles are authentic ones while the published papers of founder further cements our conviction on team’s ability to outperform Egretia.

Token Metrics

Leave the idea, the team and even the inherent technology aside; for short term or even long term investors, the most crucial aspect of any ICO is its token metrics, token supply, price, bonus structure, lockup period and market cap are some of the factors that make or break the investment case for any ICO. Talking about Egretia, the fund raising goal is USD 22,700,000 out of which 60% is almost met by private investors.

A total of 3.12bn (39% of total) tokens will be released at a price of 0.0084USD inclusive of 12% bonus to private investors. In a standard ICO, this sort of supply is considered at a high range but considering the core functionality of Egreten tokens which serves more as a utility token rather than a coin is itself a proof of its high supply.

With 200,000 developers already on-board and an aim to capture 2bn user base through 1 bn devices and 14 working products in place, the supply is both fair and justified.

Talking in terms of market cap, considering it to be platform (like ICX, ETH etc.), a storage base (like STEEM, STORJ etc.) and an end product (a Dapp like blockv) the total fund raising gaol of $22.7mn is an ideal case in a scenario when every other me too project is asking setting a goal around $20–25mn.

Verdict

Considering the parent company’s past accomplishment, solid team dynamics and 10 working products cements our conviction on the success of the project.

The current 200k+ developers, 1 bn device connectivity and a rich experience of 4 years in HTML5 technology of parent company further enhances our confidence on the conceptual reliability of the project.

We issue “Subscribe” stance on project. The road-map mentioned on its website, MVP, ideal market cap, strong team dynamics, past experience and strong partnerships further cements our conviction on profitability growth story of Egretia.

For more clarity on project, please visit its official website and whitepaper;

Whitepaper: http://egretia.io/static/Egretia_White_Paper_V1.0.pdf

Official Website: https://egretia.io/

Internet of Things (IoT) and digital economy are becoming agents of mass adoption, the underlying technology is yet backed by the distributed ledger (block-chain). As the world is entering into the second generation of blockchain revolution i.e.(IoT), businesses, users and enterprises are chasing for automated infrastructural solutions.

Software defined infrastructure (SDI) promises one such automated infrastructural solution. It is a combination of software defined compute (SDC), software defined networking (SDN) and software defined storage (SDS) and transforms into a complete automated, fully integrated software data-centers.

Simplified, standardized IT models (Full data-center virtualization), flexible configuration of compute, networking and storage resources, automated backups, data recovery options and enhanced security are some of the benefits that projects incorporating SDI will reap.

While hundreds of startups are working day in and day out to bring DApps, enhanced platforms, fintech products, digital currency processors and most importantly the final third party apps related to any segment, while on the other hand only a handful of such projects are building under fully automated technologies. Fuloos, is one of such projects, the inherent concept of which is to act as a decentralized high capacity peer-to-peer transaction system. Now imagine a world of centralized banks who posses large data centers, need big storage devices and have to verify millions of transactions every minute; sounds tough? But that’s how the banking and financial world has been since years.

Fully automation, integrated Dapps, decentralized ledger and most importantly convergence of cloud storage and cloud network wrapped up in single technology makes a strong case for digital payment processors backed by blockchain. It does not only supports an idea of 100k transactions per second, but also supports the concept of cost minimization, central data centers and economies of scale; all of which are currently absent in existing banking business models.

Fuloos is one of the most promising payment processing blockchain projects; with limited supply, low inflation, possibility of mining and most importantly presence of software defined infrastructure (SDI) the coin is highly undervalued. As per management guidelines, Fuloos is yet to hit major exchanges and grab more partnerships and hence is one of the fastest growing blockchain networks.

In our previous blog, we discussed some of the features of the coin itself. the inherent technology and use of SDI is something that adds cherry on the top to our investment case.

For any asset to be legalized or termed under a specific category can be considered as one of the most crucial events. Recall, In 1792 when United States Congress passed the Mint and Coinage Act. The day is still remembered in the modern history of gold as it was the same day when Congress established a fixed price of gold in terms of U.S. Dollars following Spanish Empire on its ruling for Spanish Real (a silver coin).

Similar kind of an event is about to be observed in digital asset space, where the fate of the biggest alt coin i.e. ETH (Market Cap:$78bn, CMC) is about to be decided by SEC.

The Background

To give a background, On Tuesday, Feb. 6, Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) discussed crypto-currency and how to bring the said class under regulation. While the general consensus of the meetup gave a relief rally where bitcoin surged from $6,000 to $8,200 but the skepticism of both regulators towards ICO was evident. To make the nature of ICO clearer, a hearing is due on 7th May to decide whether the base platform for ICO i.e. Ethereum (ETH) can be classified as a security or not.

While, the outcome of SEC can be either side; hence, we will try to prove our case from both ends.

Should Ethereum be considered as a Security?

According to Howey Test which is a major test to determine whether the instrument can be classified as a security or not; Ethereum does meet the conditions.

Under the Howey Test, a transaction is an investment contract if;

1. It is an investment of money
2. There is an expectation of profits from the investment
3. The investment of money is in a common enterprise
4. Any profit comes from the efforts of a promoter or third party

Ethereum fulfills all these conditions as the block-chain carries a certain worth ($794 to be precise at this hour on Binance), the chain has an inherent technology that can be mined and the same technology also issues ERC-20 tokens hence the second condition also meets. Thirdly, in ETH case, the Ethereum Foundation is a common enterprise and lastly any aggression or vice-versa in ico space also affects the asset price.

So under Howey Test, Ethereum does classify as a “Security”. If tomorrow the same decision comes, a dip in ETH and a possible slow down in ICO sphere can be witnessed as more CGT along with some hefty strict laws of stocks will be applied on ICOs too.

Should Ethereum not be considered as a Security?

This is the part that every crypto passionate wants to read. So here are couple of chances that today, Ethereum might not be considered as a security. The reasons are; the shape of ethereum is a lot different than at the time of its initial coin offering (ICO), reason being in 2014 ETH started as a block-chain (an inherent technology/distributed ledger) however with time, the same ETH introduced smart contracts that today became the epicenter of ICO space. Secondly, the relationship between investors and the Ethereum Foundation in 2014 is different from the linkage today.

The second and rather more important justification not to call ETH as a security is; the ETH team represents its built-in chain as a product (Smart contracts), this can be justified as Apple producing iphones doesn’t make iphones a security.

Continuing with the same assumption, people who got into ETH ICO in 2014 were never aware about the future of ETH. They invested money in a product which was smart contracts, little did they know that it will become a pioneer in enhancing the block chain network. If we buy this justification, then it automatically negates the second condition of Howey test as people who subscribed to the offering didn’t have an expectation of profit.

Whether today ETH will be considered as a security or not, 7th May still be marked as an important day and possibly a crucial event regarding future of Block-chain, ETH itself and most importantly the whole ICO and currently live block-chain projects.

With the advancement of information technology and after the dot com bubble; the world saw a new era in the internet landscape that completely changed the business dynamics. As focus shifted from physical space to online space, financial institutions saw a new wave of inflows in the form of online transactions, digital payments and integrated online solutions all based on fiat currency. While the dominance of fiat currency has been a known reality after goldsmith era, the loopholes existed in system together with centralized supply especially after 2008 economic downturn paved way for a new technology and a totally new system- the introduction of decentralized currency supported by distributed ledger.

While it took almost a decade for bitcoin to be realized as an emerging currency yet the phase for mass adoption still looks far away. Since, the existing bitcoin also has its drawbacks including limited supply and a mere 4 transactions per second, it makes the case for scalability and adoption weak.

Fuloos- A decentralized high-capacity Peer-to-Peer transaction system

While bitcoin and its emerging peers face four leading problems; 1) centralization 2) size of data 3) scalability and 4) utility & adoption, Fuloos- an emerging concept will try solving them together under one wrapping. Fuloos is a decentralized high-capacity Peer-to-Peer transaction system.

What the fuss is all about….

The blockchain had an ICO planned for Dec-17 but due to promising idea and well-versed team, Fuloos funding worth $50million and hence was sponsored by three private investors from MENA. Fuloss till date has grabbed 1000+ partnerships, is in talks with 1500+ merchants and most importantly involves features that are necessary for survival in the crypto space. First of all, the coin has a 100 million supply, not too less and not too much- infact a perfect number to manage inflation and allow users to get hands-on it, however as the partnerships will grow and so will be the usage, the supply will be increased through mining. With support of private investors, the project looks well-funded, hence future OPEX should not be a concern.

Not PoW or PoS instead Hydro Scrypt..!

We all have read hundreds of blogs on Proof of Work (PoW) and Proof of stake (PoS), while the gurus are still deciding as which one to opt, Fuloos is one of the very few projects that has adopted a hydro scrypt (PoW+PoS), initially the algorithms will be run on PoW however as adoption will pave its way, PoS will come into play too thus giving the project a concept of hydro-scrypt.

Not only Sharding- Three-level Sharding

Another exciting part of the project is its three-layered sharding, while the name has been talk of town, very few projects are actually tapping into the bandwagon to make most use of it, Fuloos is one of them. By using three-layer sharding, Fuloos promises security at three levels; first at the sharding level, second at validating blocks and lastly at the time of confirmation of each transaction.

How to get Fuloos…?

The coin is currently available at stock.exchange and as per management guidelines, it is in process of getting listed on other exchanges soon.

For more details, please visit;

https://www.fuloos.org/