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Top 7 Airdrops of 2018

If there’s one thing the people of crypto verse are talking about or interested in more than ICOs then it is Airdrop and for good reason. With ICOs – raising huge fund based on trust – getting observed by governments more and more, Facebook banning it, and the level of risk it poses, airdrops offers unique facilities. They are risk-free and don’t ask for money to raise funds.

Most of the blockchain projects these days have adopted this method of Airdropping where they freely distribute platform tokens or cryptocurrency coins to their community if they meet their airdrop criteria. This means airdrop is basically a marketing strategy to draw attention and build community.

Where some airdrop requires that you subscribe to their newsletter, share or post something for them on social media etc., there are other blockchain airdrops which require that you have some amount of actual tokens in your wallet, usually BTH, ETH etc. Every project offers the various amount of tokens in airdrops, and while some conduct just one, there are others where airdropping is done in multiple events or over a period of time.

Airdrop event usually happens like this – the date of airdrop is announced and, the project takes a snapshot of the blockchain, which will show the accounts and their balances at that moment. Then the tokens are distributed to the eligible accounts. After the airdrop is over, the companies generally take one to two months to distribute the tokens. This is primarily due to the fact that many airdrops occur before or during token sales, in conjunction to spread awareness.

There are numerous airdrops happening and getting announced almost every day (including some fake news or scam), and keeping track of all of them is very difficult. Most of them are small events and often some large ones too. So read below our list of top 7 airdrops of 2018, that is so far.

#1 Polymath

ICO used to be a rage concept that can generate or raise a huge sum of money in the very short period, though the complete process is based on trust from investors. This has turned out to be scammed in a couple of cases. With government and SEC trying to scrutinize these ICOs for legal validation, the risk for new startups is becoming great and bringing trust low. Polymath addresses these issues for security tokens.

Polymath bridges the gap between financial securities like a bond, stock, venture capitals, private equity with blockchain. Launched on January 20, 2018, it aims to offer businesses access to crypto capital through the use of its own token called POLY – a security token. It offers corporations the platform and solution to launch their own security tokens that are technically and legally compliant across all jurisdictions.

Polymath earlier planned to airdrop fewer number of tokens but decided to offer 10 million tokens as it saw a huge interest in its token sharing – over 40k applications for participation from all over the world. Polymath ended up with giving away a total of 9,556,000 POLY tokens to 38,224 wallets during the airdrop on January 31st, 2018. The registration process for the airdrop ended on January 10, 2018. Each approved airdrop participant received 250 POLY tokens.

Polymath asked each participant to complete a KYC and Anti-Money Laundering (KYC/AML) process to confirm that only real Polymath platform users receive their tokens instead of bots. This allowed them to distribute a bigger amount to their investors. Polymath also did the participant screening process to comply with the Office of Foreign Assets Control (“OFAC”) sanctions and restrict embargoed countries.

Polymath has created a new token protocol or standard for STO (Security Token Offering) called ST20 which is an ERC20 type token but with KYC (Know Your Customer) embedded in it. These tokens are completely compliant with SEC and various government regulations. Only the selected investors can hold the ST20 tokens, meaning the issuers don’t have to worry at all about their security. The KYC facility is provided by firms like IdentityMind and Agrello.

POLY tokens cannot be purchased with fiat currencies. You need to have bitcoin or ethereum to acquire POLY. There are currently a couple of exchanges that offer the token for trading, e.g. Huobi, Bittrex, Kucoin, Upbit, Ethfinex, Koinex, IDEX, with Bittrex leading the trading volume closely followed by Upbit. The POLY tokens can be stored in any ERC-20 compatible wallet like Ledger, JAXX, MyEtherWallet, MetaMask, Parity, imToken, Exodus etc. as well as hardware wallets like Nano Ledger S.

The total supply of POLY token is 1 billion, out of which 276,420,107 POLY is in circulating supply. The current market cap of the token is $98,546,256 USD (12,453 BTC or 212,177 ETH), with last 24 hour trading volume of $4,054,370 USD (512.34 BTC or 8,729 ETH) as of July 27, 2018. The token reached its highest value of $1.64 on February 20 this year. As of July 27th, the current POLY token value has dipped to $0.3578 USD (0.00004521 BTC or 0.00077282 ETH).

Since these tokens (Issued on POLY platform) are security tokens, by holding the tokens one will have the privileges like voting rights similar to having shares or bonds. But acquiring these tokens require a strict identity verification process unlike buying other coins or utility coins.

The POLY token, utility token, is used to run the entire Polymath network, and are awarded to the developers and lawyers to participate in the network. The issuers and the investors of assets on the blockchain will use this POLY tokens to pay the fees. Actually, the 5 type of stakeholders of the ecosystem can use the token for different usages.

The Issuers, interested in creating their own security tokens, post a bounty by spending a POLY token to invite legal delegates and developers to bid on their project. The more complex the security is, the more token the issuer has to pay. While the legal delegates earn POLY when selected to issue a new security token, developers earn for creating STO smart contracts specifically for those tokens. On the other hand, the KYC providers join the Polymath network by paying in POLY tokens but earn it back from verifying investors, i.e. the investors must pay KYC providers in POLY for their services.

To join the whitelist of potential investors for a security token, With the help of smart contract and “Create a Security Token” wizard, issuers can create their own security token. Polymath allows companies to create their own security token with ease, but require to fill up to 29 fields as follows –

  • Legal Name:
  • Legal Entity Type:
  • Type of Security:
  • Project Description:
  • Logo:
  • TOKEN CHARACTERISTICS
    • Voting Rights:
    • Dividend:
    • Dividend Frequency:
    • Corporate Governance:
    • Governance Integration Partner:
    • Additional Features:
  • TOKEN ALLOCATION
    • Tokens to Create:
    • Percentage of Tokens Held by Company:
    • Percentage of Company Equity Distributed With Tokens:
    • Price per Token in USD:
  • LEGAL DETAILS
    • Issuing Jurisdiction:
    • Offering Security To:
    • Investors Must be Accredited:
    • Investor KYC Needed:
    • KYC Integration Partner:
    • Tokens Freely Tradable:
  • CONTACT DETAILS
    • Contact Name:
    • Position at Company:
    • Contact Phone Number:
    • Contact Email:
    • Permit Contact from Polymath:

Polymath Legal Delegates then review the filled up form for regulatory compliance and can make suggestions for which security token template would be the best fit.

Partnership

The partnership is very important for Polymath to work as they need to find partners for all 5 segments – legal delegates, KYC providers, developers, buyers, and issuers. The firm has joined hands with an infinite mind as KYC providers before the airdrop begin. Also, the firm has plans to bring in SelfKey, a digital identity system, and BnkToTheFuture, another company associated with KYC, to provide thousands of accredited investors.

Polymath has partnered with tZero, a subsidiary of Overstock, for advising on the design, economic model, and distribution of tZERO’s security token. The firm has partnered with Shift, a global blockchain-based network to act as an active ecosystem participant and data provider. In June, MintHealth and Polymath joined hands to create the first Healthcare Security Token. Also, Pegasus Fintech decided to use Polymath’s platform to create block development and real fan tokens. In the same month, Polymath has entered into an agreement with Open Finance Network, the trading platform for alternative assets, including tokenized securities, to list Polymath-powered security tokens on their network. As per the report, Corl Financial Technologies, SeriesX, and Ethereum Capital have plans to create their security tokens on the Polymath platform.

Team

Trevor Koverko – Trevor Koverko is the Chief Executive Officer and Co-founder of Polymath. Trevor launched his career at the convergence of Wall Street and Silicon Valley and soon became one of the leaders of the blockchain community. Trevor has graduated from Ivey, which is Canada’s leading Business School and is also the Chief Executive Officer of Digital Assets International.

Chris Housser – Chris Housser is a Lawyer and technology entrepreneur with a particular focus on blockchain technology. He is one of the Co-founders of Polymath and is also its current Chief Operations Officer. Chris is highly passionate about blockchain based technologies like cryptocurrency and decentralized applications.

Pablo Ruiz – He is a Full-stack Developer who is the current Vice President of Engineering at Polymath. Pablo had previously invested, mentored, managed and co-founded more than ten startups in the US, Latam, and   Europe. He extensively knowledgeable on the blockchain, ethereum based smart contracts and other blockchain technologies.

Tracy Leparulo – Tracy Leparulo is the Chief Events Officer at Polymath. Tracy has a Bachelor’s degree in Marketing and Entrepreneurship from Ryerson University. She is also the founder & CEO of Untraceable, a blockchain related event management, and marketing agency, as well as the co-founder of ETHWaterloo and, is a board member of CryptoChicks.

Graeme Moore – Graeme Moore is the Vice President of Marketing at Polymath. Moore has an Economics Degree from Queen’s University.  He is a Bitcoin and Ethereum enthusiast. Previously Moore was involved in asset management, investment, and business development space.

Igor Denisov –  Igor Denisov is the Vice President of Strategy at Polymath. Denisov has a lot of experience in structuring, negotiating and consummating of public as well as private securities offerings. He also has good knowledge and experience in Investment Banking. Denisov is responsible for the service provider partnerships and interoperability of Polymath and also of its integration with secondary trading venues and digital asset custody services.

Adam Dossa – Adam Dossa is responsible for everything that requires Solidity and is a Senior Solidity Developer at Polymath. He is extremely passionate about blockchain technologies and is deeply connected and involved with the blockchain community.  He has over 13 years of experience in the technology sector and has worked as a developer, manager, and leader. He also has good experience with a wide range of technologies and languages.

Boris Shevchenko – Boris is the Lead Decentralized Apps Architect. He has over 10 years of experience in software development, web development management, marketing, and sales. He also has more than a year of experience in development of Ethereum Dapps and decentralized autonomous organizations. Boris is also the founder & CEO of The Bureau Shevchenko, Ltd.

Satyam Agrawal – Satyam is associated with Polymath as a Solidity Developer. He has a Btech degree in Information Technology and is a Blockchain enthusiast and is interested in the blockchain, ethereum, crypto-currency, solidity, and hyperledger. Satyam I also the CEO and CO-Founder of SecureBlocks.

Shannon Clarke – Shannon Clarke is a Software Developer at Polymath. He has a degree in Electrical and Computer Engineering from the University of West Indies. He is also the CEO & Co-Founder of Carepoint Solutions, a Barbados-based technology startup.

Ryan Keller – Ryan is associated with Polymath as a Senior Project Manager. He has an MBA degree from Cornell University and has over 15 years of experience in retail pharmacy, health & wellness, media, and technology.

Advisors

Anthony Di Iorio – Anthony Di Iorio is one of the co-founders of Ethereum. Di lorio also co-founded Decentral, Jaxx Blockchain Interface, Decentral.tv and numerous other startups. He is also a project advisor for Polymath. He has a B.Com degree from Ryerson University and is a Crypto Evangelist.

Steven Dakh – He is one of the co-founders of Ethereum and the co-founder of the Krypto Kit Wallet.  He is a bitcoin professional and is associated with Polymath as a Lead Technical Advisor.

Bruce Fenton –  Bruce Fenton is a board member of The Bitcoin Foundation. He is an experienced senior financial/ economic professional is an advisor for Polymath. Fenton has a Management degree from Bentley University and is a Certified Blockchain Professional (CBP).

Steven Nerayoff – Steven is one of the co-founders of Ethereum and is a project advisor for Polymath. He is also the CEO & Founder of Alchemist as well as the chairman of the Global Blockchain Technologies Corp. He has a Masters of Law degree from the New York University School of Law.

The other advisors of Polymath are –

  • Gary Rubinoff – Project Advisors, Summerhill
  • Matthew Roszak – Project Advisors, Bloq/Tally
  • Nic Cary – Project Advisors, Blockchain
  • Michael Perklin – Technical Advisors, Security, Shapeshift
  • Rob Dermody – Technical Advisors, CounterParty
  • Open Zeppelin – Technical Advisors
  • Blockchain Labs – Technical Advisors
  • DigiStrats – Technical Advisors

#2 Hydrogen

Hydro is a project by Hydrogen – a tech platform for financial services of developers and enterprises. Hydro provides the infrastructure needed to seamlessly deploy Hydro blockchain in developers’’ existing applications. If you are building a fintech app in investing, savings, or insurance, through the Hydrogen API, you can build a blockchain application even you are not a blockchain developer. Therefore what it does is it lets the private systems interact with public blockchain with utmost security.

Hydro’s token is called HYDRO – an ERC-20 standard token. As of July 28, Hydrogen’s current market value stands at $19,902,334 USD (2,424 BTC or 42,440 ETH) and 24 hour volume is $1,967,980 USD (239.73 BTC or 4,197 ETH). Out of its total HYDRO supply of 11,111,111,111 tokens, only 3,094,350,139 HYDRO is currently in circulating supply. You should know here that the total token supply has already been mined during contract creation and saved in ERC-20 wallets. At the time of writing, a HYDRO token price is $0.006318 USD (0.00000077 BTC or 0.00001344 ETH).

This seems very low for a token that is in our top airdrop list, not quite. HYDRO started on a low price of $0.001070 or 0.00000011 BTC on May 3rd, but the very next day climbed to reach $0.0035. Even though the crypto market as well as the Bitcoin market cap kept on dropping, from $470 billion on May 6th to $380 billion on May 17th, the HYDRO hit $18 million caps. The price of the token has surged from a low of $0.0028 to trade at an all-time high of $0.014 in just one week.

HYDRO is traded currently on a couple of exchanges – Coinex, Marcatox, IDEX, Forkdelta, Etherdelta, Token. store, Bitmart etc. Bitforex has listed the token on its exchange on July 25, 2018, and holds the largest volume of HYDRO at 93%. You can buy Hydro with ETH, USDT, and BTC on these exchanges. Apart from Marcatox, which allows only BTC trading, ETH is all you need to buy some HYDRO token on other exchanges. But the fun fact is exchanged a huge BTC volume for HYDRO at 93%.

First and foremost, unlike other, HYDRO tokens are not for sale, they are purely intended for free distribution and Hydrogen has allotted up to 50% of the tokens for airdropping to developers. Clearly, the goal of this airdrop is to build a strong community of developers. Only the first 25000 developers who signed up during the roll-out period were eligible for receiving the token, with each receiving a minimum of 222,222 HYDRO tokens.

The firm concluded the airdrop on February 16, 2018, distributing a total of 2,632,330,741.57 HYDRO tokens to 11,208 third-party developers who met the compliance standards. This is actually the first and final airdrop from Hydro. The rest of the tokens are distributed between the team of internal developers – 26%, for future team use 5%,  Hydro Community Development Program (HCDP) – 10% and for repository use 35%.

Hydro is basically the blockchain tech of the Hydrogen platform. Apart from Hydro, the firm has 2 more products to offer.  One is Atom which helps build fintech Dapps and the other is Ion, a powerful machine learning tool for processing data.

The hydro platform enables various financial applications or private chains to connect and interact with public blockchain. Hydro uses the Raindrop protocol (blockchain-based authentication service based on Ethereum blockchain) to bring a multi-layer security approach that involves both a public and a private layer. It allows the public using the service or app also to see who has accessed the public systems. Hydro’s app is supposed to be much more secure than Google’s 2FA authentication. The Raindrop protocol totally works in conjunction with other existing private authentication methods.

Apart from this base level security, Hydro is also working on another service called Snowflake – an Identity Management System. Users here have the option to share their financial profiles with selective parties, thus protecting themselves from fraud. Hydro has also thoughtfully created some very interesting useful APIs that allow easy integration with existing systems.

The Hydrogen team has lined up several plans to offer more financial services. One is Ice, a decentralized document management protocol that allows for immutable blockchain records and stamping of financial documents. Another is Myst, which will allow these institutions to leverage AI and machine learning for their systems with plug and play APIs. Basically Hydro has multiple products that together tackle various areas of Financial management over public ledger – identity management, validation, document security, transactions, and artificial intelligence.

Hydrogen has recently been named FinTech Startup of the Year. The firm has been invited to join the B-Hive community, the leading fintech ecosystem in Europe, with partners including Allianz, AXA, ING, BNP, and Mastercard. A recent news report on TD bank by The Canadian Express has confirmed that Hydro will soon enter into a partnership with TD Bank offering a robo-advisor that will take client information and provide various financial suggestions including risk tolerance. TD Bank is world’s 13th largest bank with an asset value of over $1.2 trillion. This one partnership can make this as big as what Stella achieved partnering with IBM.

Also, Hydrogen has partnered with CI Financial, One of Canada’s largest asset management financial institutions with more than 2 Million user base and 140+ Billion assets. Another partnership is with Principal Insurance, the world’s one of the top 10 insurance company. It is implementing Hydrogen platform’s products and will be staking the HYDRO token – 22 million customers and $675bn revenue all protected by Hydrogen.

Team

Michael Kane – He is the co-founder and CEO of Hydrogen. Michael has been the recipient of numerous awards including Winner of Tech Pioneer — 2 times Best of Show Finovate and Winner of UK Great Tech Award. He has served as an associate at Bridgewater Assc. and has also overseen the development of other projects related to crypto-assets and the blockchain.

Sid Sharma – Sid is the Hydrogen’s Head of Continuous Innovation. He has a Master’s degree in Computer Science from Columbia University and previously worked at S&P Capital IQ and McKinsey & Co.

Matthew Kane – Mathew is a co-founder and CTO of the firm and is regarded as a crypto verse within the crypto verse. Matthew is one of the first individuals to have created a crypto investing application for widespread public use. He has twice received the UK Great Tech Award and is an expert in crypto assets.

Badis Ben Hamida –  He is the Vice President of Engineering at Hydrogen. His resume is quite impressive – serving as Vice President and Senior Architect for Morgan Stanley Wealth Management, Chief Architect for Hedgeable, System Architect in Compuware, Senior J2EE Consultant in Synchronica among others.

Sid Sharma: Head of Continuous Innovation at Hydrogen. He was formerly at S&P Capital IQ, McKinsey & Co., M.S. Computer Science, Columbia University; CFA, FRM. Sid runs the continuous innovation initiatives at Hydrogen

Shane Hampton – Shane is the Head of Financial Engineering at Hydrogen and also co-lead Hydro blockchain. He is an expert in crypto-assets and crypto engineering. He is also in charge of producing documentation, training, and editorial content on Project Hydro. He was in Investment Researcher in Hedgeable.

Andy Chorlian: Andy is a core member of team Hydrogen and a Blockchain Engineer. Andy is the head engineer on Project Hydro. He was a former engineer at eMoney Advisor (acquired by Fidelity). He has a Computer Engineering degree from Villanova University.

Anurag Angara – Anurag serves as the Blockchain Product Manager at Hydrogen. He has worked as a Consultant in New York-based financial firm EY.

Joe Esposito – Joe is the Financial Product Manager at the firm. He has more than 6 years of experience, serving as Financial Advisor to Morgan Stanley and later as Investment Product Manager at Hedgeable.

#3 Ontology

Launched in November 2017 by Chinese company Onchain, Ontology is a public blockchain infrastructure that aims to connect the real world and the digital world by creating a blockchain network which will enable cross-chain, cross-industry, cross-application, cross-system, and cross-terminal transactions through technology like data mapping and smart contracts.

This is probably the richest airdrop so far. Ontology first airdropped ONT token on March 7, 2018, to two separate groups. The people, regardless of their nationality, who managed to subscribe for Ontology newsletter in January 2018 received 1000 ONT tokens during an airdrop. Ontology asked for a KYC to the subscribers to check the validity of their email ids and treat multiple email ids of a user as a single address for token distribution.

Ontology gave Neo Council the right to manage 10% of ONT tokens (100 million) as part of the technical partnership and joint ecosystem development deal. And Neo Council decided to airdrop these 20 million tokens to NEO token holders on the same date to NEO DevCon (Developer Conference), 2018 attendees. The Neo Council gave away 500 Ontology tokens to each of those attendees who physically handed in their passes with their email address written on it to the Ontology booth. Then, on February 7, those people received an email requesting their NEO addresses. For every NEO held, a 0.2 ONT token was airdropped to each NEO wallet – with 0.1 ONT made available instantly and the other 0.1 ONT was given when Ontology launched its mainnet.

The snapshot of NEO holders was taken at the block height 1,974,823, that took place at 09:15:33 am (UTC +8) on February 28, 2018. The Ontology token began trading first on Binance followed by Huobi.pro in March.

Now Ontology did the second part of the airdrop (remember about distributing the other 0.1 token?) on July 9, 2018, to those who held tokens in Neo blockchain. This airdrop, of course, is from the NEO Council, giving away 10 million ONT tokens – worth $42,100,000 on the day of distribution.  But this time, instead of their NEO addresses, these tokens are given to Ontology Mainnet address. The user can access the ONT Mainnet address in three ways –

  •         Through ONTO, Ontology’s decentralized client that includes a wallet, released in July.
  •         Through third-party wallets that support MainNet ONT.
  •         Through an exchange that held users’ NEO during the snapshot.

The first ONT token was a divisible NEP-5 token. But after Ontology MainNet launch June 2018, NEP-5 ONT holders should exchange those for ONT on the Ontology MainNet. MainNet ONT will be indivisible; only multiples of 1 NEP-5 ONT will be able to be exchanged for MainNet ONT. What this means is if you have said 1.2 ONT, to transfer to Mainnet ONT either you have to top up to 2 or accept a loss of 0.2 token value. This transfer is automatic for some exchanges, but other holders have to manually transfer to Mainnet ONT. The good news is the token holders have until October 1, 2018, to make the switch.

According to the report, there is supposed to be another Ontology airdrop for the community, though no details are finalized. Out of the total 1 billion ONT tokens supply, Ontology has a circulating supply of 151,292,175 ONT.

For a project that is ranked 31st in crypto verse, you can expect great market performance, and Ontology does deliver. The value of ONT was $2.01 at the time of the first airdrop on March 8, 2018. But since then ONT hit the $10.10 on May 3rd. Currently, ONT value is dropped to $3.3.3. As of July 29, the market cap of Ontology is an impressive $500,276,322 USD (60,929 BTC or 14,725,752 NEO) and last 24 hour volume of $28,652,900 USD (3,490 BTC or 843,406 NEO).

When it comes to availability of ONT on the exchange, Binance top the chart holding 46.78% of the ONT market share, i.e. around $13.06 million. The other exchanges that offer ONT trading are OKEx, Huobi, Hotbit, KuCoin, Bitmart, Gate.io, HitBTC, Coinex, Switcheo, Upbit and BCEX. You can but ONT by BNB, BTC, ETH, USDT, NEO, GAS, and XRP as well as KRW and CKUSD.

Ontology has distributed their tokens in following

  • 10% to the NEO Council
  • 12% to the Ontology community
  • 25% to the development of the Ontology ecosystem
  • 28% for institutional partners
  • 10% to Ontology technical community rewards
  • 15% to Ontology core team.

What Ontology is trying to do is link all entities like people, businesses, schools, police, hospital, banks etc so that they can access each other securely using its framework and platform. The users then will be able to manage their digital identity, manage distributed ledgers as per their needs, manage and share their data securely, build DApps, and other distinct features. Ontology enables you to build up your own full-fledged blockchain, but instead of from the ground up, using the basic building blocks from Ontology – tools, services, modules, protocols, databases, smart contracts, ledger-  you can put together what you need. Ontology offers the following building blocks or modules for this –

  • Module for distributed data exchange (data exchange protocol)
  • Module for verifying digital identity
  • Module for community management
  • Module for financial transactions
  • Trust metering module
  • Module for creating smart contracts

Basically, everyone builds their own distributed service, and it does not have to be a blockchain expert.

Ontology has a terrific list of partners in various areas. Contentos, DAD (Decentralized Advertising), COT (Chain of Things), and CarBlock are some of the existing partners of Ontology. At the launch, Ontology discussed its partnerships with Points (PTS) and NAGA, as real business scenarios utilizing blockchain applications as well as its co-building plan to partner with financial firms, Danhua Capital, Sequoia China, Matrix Partners China, Zhen Fund and the Ontology Advisors Group (OAG). These firms join the club of earlier firms – Tembusu Partners – a leading private equity firm, Accomplice –  a seed-led venture capital firm, Hashed, and Onchain

The firm has recently partnered with LianAn Technology – a formal verification technology provider whose services have been utilized in the civil aviation and military field. Also, Ontology has entered into a partnership with CertiK to Build Reliable Blockchain Security

Team

Jun Li – Jun Li is the Founder of Ontology (ont.io) & Co-founder of Onchain (Blockchain Technology). He has a Bachelor’s degree in Computer Science and Master’s in Communication Engineering, MBA, and PMP. He is a senior blockchain solution professional and blockchain architect with 16 years of experience in IT and fintech.

Andy Ji – Andy Ji is the Chief Strategy Officer and Co-Founder of Ontology network. Has ample knowledge in blockchain technology, including being a leader of one of the Top 500 Blockchain groups, Wanda’s Chief of Blockchain Technology and Deputy General Manager of Wanda Technology Group Innovation Center. Written several books on blockchain including a blockchain development textbook, and led many blockchain community events.

Dave Dong – He is the Business Manager at Ontology and is skilled in independent business development at Chinese state-owned enterprises and big data, anti-fraud, and corporate collaboration. Dong is well-known for the confidence issues that internet finance, gaming industries, and digital commerce are facing and has an exclusive outlook on blockchain based application solutions.

Wenbin Ding – Ding was previously worked in operations and business development for a third party WeChat developer.  He is now the Project Manager of Ontology network and has a highly knowledgeable in product operation of overseas enterprise resource planning, product research, product design of cryptocurrency wallets, demand analysis, and management of blockchain projects.

Ning Hu – Hu is one of the first Semantic Web experts in China. He is an expert in enterprise resource planning, digitization of government affairs, gaming platforms, and media streaming. He participated in 2008, Project Halo, started by Paul Allen, Co-Founder of Microsoft, and in this project, he had huge contributions included artificial intelligence, big data, work related to Semantic Web, etc. In 2013, Hu took part in setting up the Chinese division for Green Dot. He has rich understanding in banking finance and prepaid card services and is currently associated with Ontology network as a Senior Protocol Architect.

Honglei Cong – Cong is the Senior Blockchain Technology Professional at Ontology. He has studied computer science at Tsinghua University and is specialized in distributed systems and decentralized consensus algorithm design. Previously he was working on distributed storage systems and distributed network protocols at Cisco and EMC, but afterward, he moved onto blockchain architecture design for large business groups. Honglei was also involved in the Linux Foundation’s Hyperledger project and had a key role in it. He has also been certified by The China Electronics Standardization Institute as a blockchain performance assessment professional.

Junjie Weng – Weng, the Technical Manager at Ontology has over 10 years of work experience at IBM in software development and solutions and was one of the first developers of Fabric. He took part in core development of Onchain DNA and his blockchain experience includes vouching, supply chain, integration, credit investigation, data exchange, shared economy, and more.

Min Xiao – Xiao is the Technical Director of Financial Systems. He is highly experienced in IT planning and team management for financial systems, cross-border payments, liquidation and accounts Xiao was working previously at China Union Pay Data Services. Xiao is also extensively knowledgeable and experienced in integrating blockchain based application scenarios and has published multiple articles on them.

Wentao Yang – Yang, the current Vice President of Business Development had previously worked at the Morgan Stanley Wealth Management Division in the capacity of a financial analyst. Yang has a Bachelor’s degree in Science and Economics from Peking University and Master’s degree in Finance at Johns Hopkins University. He is a skilled professional in financial services and blockchain industry solutions.

Yan Zhou – Zhou formerly worked as the Chief Product Officer and Technical Vice President of Oriental Pass.  He is currently associated with Ontology as the Technical Management Director. With more than 10 years of experience in fundamental software marketing, product management, and development, with a focus on middleware, microservices, blockchain and cloud computing. In 2016 Zhou turned out to be one of the first in cloud computing to combine data striping and distributed cache on the blockchain, significantly improving trading performance and horizontal scalability.

Daniel Wen – Daniel is Ontology networks Business Development Director and has over 15 years of experience in investment banking, private equity, and financial due diligence. Formerly, he had worked for international banks, Big 4 accounting firms and Fortune-500 MNCs. He is an MBA from Australian Graduate School of Management (UNSW) and a BA in Finance and Banking from Renmin University of China.

Zhichao Lai – Lai is a blockchain core developer and has experience in distributed ledgers, consensus development, and P2P networks. He is a Senior Software Engineer at Ontology. He also has a huge technical knowledge in data mining and big data.

Advisors

Shoucheng Zhang – Chinese and American scientist Prof. Zhang is the Professor at Stanford University. His chief research fields include high-temperature superconductivity and the quantum Hall effect. Joined the faculty at Stanford in 1993, he is now the JG Jackson and CJ Wood professor of physics. He also holds a joint appointment in the department of electrical engineering and applied physics. He is a member of the US National Academy of Science, the American Academy of Arts and Sciences, and a foreign member of the Chinese Academy of Sciences. Right now, Prof. Zhang is totally involved in blockchain technology and often publishes his influential insights into the industry. He is now the Chief Advisor of Ontology Technology Research Committee.

Bin Zhang – The Chairman and CEO of China Chengxin Credit, and one of the founders of Union Mobile Financial Technology, Mr. Zhang is now the advisor of Ontology fintech industry. He has more than 20 years of extensive experience in the internet, big data industries, and finance. He also worked at Microsoft as a Marketing Manager.

Andy Lim – Andy founded the private equity firm Tembusu Partners and serves as its Chairman. He is also the Chairman and controlling shareholder of Viking Offshore & Marine Limited, the Executive Director of Associated Leisure International, and the Chairman of Money World Group of Companies with businesses over New Zealand, Singapore, Malaysia, and Hong Kong. Andy Lim’s other Board appointments include that of as the Chairman of the Overseas Experts Council (Singapore Branch), Peking University’s China Centre for Strategic Studies, the Board of Trustee of Honour Singapore among others.

#4 Cappasity

Cappasity offers its blockchain platform to create and sell 3D products and offer service for businesses. It is a decentralized AR/VR (Augmented Reality and Virtual Reality) ecosystem for 3D content exchange. Though ranked 522 on coincapmarket, Cappasity has a huge potential to become something big in the next one to 5 years, because of the solution it offers. Goldman Sachs, an American multinational investment bank, and financial services company,  estimates that the 3D industry could be worth as much as $35 billion by 2025. And that’s why we thought Cappasity airdrop should be in this list.

The current market cap value of Cappasity, as of July 29, 2018, is $6,628,101 USD (810 BTC or 14,260 ETH) and the last 24-hour volume stands at $123,022 USD (15.03 BTC 264.67 ETH) – very small indeed. Now if I remind you here that Cappasity has been here since 2013 and but very few people have heard about it, it will definitely sound there is something wrong. So do read till the end to get our view. Out of the total supply of 578,499,783 CAPP coins, 474,374,344 CAPP are in circulating supply. When first launched in December 2017, the value of a CAPP token was $0.35, and quickly rose to $0.46284 on January 7, 2018. Currently, CAPP is valued at $0.013974. But the latest ROI is up by 71.26%.

CAPP is an ERC-20 type token. You can buy CAPP token mainly on KuCoin using either BTC or ETH. KuCoin has the majority, about 95% of the CAPP volume. The other exchanges where the token is available for trading is IDEX and Cryptopia (less than 4% of CAPP). You can purchase Cappasity token mostly with BTC – 69.3% share, ETH – 30.3% market share, DOGE, and LTC.

Cappasity has come up with a decentralized content-driven global 3D platform. With this platform, the distribution of 3D content is made easy and fast for ordinary people as well as businesses. It ensures that participants will have access to tools for productive interactions. The Cappasity utility token (CAPP) is issued as a digital payment coin or token to use as fuel to run AR/VR/3D content exchange among the ecosystem participants from around the world.

Cappasity offers a rather interesting feature – an upvote ranking system, where every user can vote, and therefore, the top-ranked products will receive more exposure in Cappasity marketplace. This voting system is made for content and its creators, moderators, and storage providers.

This platform comes with trustless copyright storage to protect the content creators. The CAPP token is used for purchasing services and content on Cappasity ecosystem. Now the features of Cappasity platform are designed to be open to third-party developers using Unreal Engine, Apple ARKit, Unity, and the Google ARCore technology. As of today, the platform is used by 1.7 million users for 3D content.

Cappasity conducted the airdrop from February 25 to March 7 earlier this year. The firm has distributed a total of 143,382,266 tokens during the airdrop. Each participant of the event received 5 CAPP tokens worth of $1. And for that, they had to register by completing a KYC verification process using a driving license, national identity or passport. The registration page also gave a unique link to each participant which they could use to refer their known associates in order to gain 10 more CAPP tokens worth $10 per referral. The registration process asked a user to first join Cappasity’s Telegram channel, leading them toward Cappasity’s token sale portal. Then all they need to do is give a valid email address and a password to register and receive the free tokens.

To support developers to help them create immersive AR/VR and 3D content, Cappasity has set up an innovation fund which will be funded by 20% of the fund raised in the  2nd phase of the ICO. The phase token selling was in October 2017 and the phase 2 ICO was concluded on February 22, 2018, and the firm may go for another ICO. They have already bagged $2.3 million of Venture Capital funding.

Cappasity already had their 3D digitizing software before they airdropped and now they have launched their platform for AR/VR business. The firm has partnered with numerous firms across the globe – US-based firms like Digital Art That Rocks LLC, Larry Pollock Photography, Out-A-Site Images, Scott Goodwin Inc, Wydro Productions, Inc., then there is Australia-based firm Brett Ginsberg Visuals, Austria-based Nikolay Samara, Daniel Kreische Photography of Brazil, James Shannon Photography of Germany, Italy-based firms ET Imaging and MDM Studios; Russian firms Abche, Nikolay Samara and Anton Miller Production to name a few. Cappasity also has service partners from Slovakia, UAE, Spain, and Sweden.

Cappasity has been working with Intel since 2014 and developed a 3D scanning software for Intel® RealSense™ 3D cameras. Their website shows that the AR/VR service is easily embeddable with multiple e-commerce platforms including Magento, Shopify, Prestashop, Bigcommerce.  So if we talk about other real-world application, various luxury brands like Claris Virot and Jazmin Chebar already use their platform. In 2018, 30 education institutes in the US have planned to utilize the Cappasity platform. The platform has also collaborated with Intel and Nvidia, and with the help of Alibaba, these firms have already launched their product in China.

So we believe, the tokens offered during airdrop is going to be much more valuable as VR and AR become more common and an integral part of modern e-commerce.

Team

Kosta Popov – Kosta Popov is the CEO and Founder of Cappasity. For more than 10 years he is the company’s CEO. Since 2014, under Kosta’s leadership, the company successfully raised over $4M and launched the Cappasity platform and 3D digitizing software in 2017. He is an expert in SaaS solutions, 3D technologies, and mobile applications.

Natalie Reyes – As Chief of Sales at Cappasity Inc, she is responsible for increasing brand awareness, driving sales and driving revenue. She aligns Cappasity’s objectives with the business plan through active involvement in sales strategy development, corporate strategic planning, and forecasting and is accountable for effective sales organization design. She also establishes and maintains productive peer-to-peer relationships with customers and partners.

Alex Chegaev – Alex is the Chief Technology Officer and Co-Founder at Cappasity Inc. Having excellent knowledge in blockchain and 3D technologies, Alex has worked with Kosta as a technical guide for several cross-platform software projects. He was listed as a programmer in Manual of “Depth Hunter”, developed by the Biart, the company which was founded by Konstantin Popov in 2005.

Julia Kasiyanova – She is the Business Development Manager at Cappasity Inc. She has done her Master’s degree in Science (MSc), from King’s College, London and Bachelor’s degree in Arts from the University of Greenwich.

Marianna Weber– Marianna is one of the Co-Founders of Cappasity and its current CBDO. She has Bachelor of Business Studies, Business Administration and Management degrees from Lancaster University.

Advisors

Jim Theberge – Theberge is an Emmy Award-winning advanced media executive consistently recognized for innovation and market execution. He is a successful entrepreneur & startup veteran with numerous industry awards and firsts. Jeff is an advisor at Cappasity Inc. from July 2016 and provides advisory services to this Virtual Reality e-commerce set up. He is also a Director, Head of Product Management & Operations, and Advanced Advertising & Business Intelligence at Intel Corporation.

Leo Batalov – Leo Batalov, Partner, Global Co-Head Emerging Growth Companies & Venture Capital at DLA Piper, guides on corporate finance transactions, acquisitions and mergers, private equity transactions, venture capital transactions and in general corporate matters, concentrates on the technology and emerging growth sectors. He is also a Guest Lecturer at Moscow State University and teaches a course on corporate finance, M&A and investment transactions at the Moscow State University Law School.

Jeff Smith – Jeff is an executive with over 30 years of international and domestic high technology sales. Jeff has been an angel investor for quite a few startups; he has even been on the board of directors for many profit and non-profit organizations. He also held executive positions at software companies like Commerce One, Blue Curve, Technology concepts, Unisys etc.

Jonathan Millet – Jonathan is a professional freelance content writer and always looks to provide writing services to the leading global companies and gets pleasure when his services lead to success for his clients. His main specialties are writing a fundamental and technical analysis for leading financial websites. Jonathan obtained his Master’s Degree from King’s College London. He is also the chairman at NEWSBTC.

Jayanand Sagar – Jayanand is the Chief Business Development Officer at NEWSBTC which is a news service that covers technical analysis, bitcoin news and predicts for bitcoin and other altcoins. He educates people about bitcoin and other cryptocurrencies and also covers news associated to bitcoin mining, bitcoin exchanges and price forecasts for various virtual currencies. He is also a serial entrepreneur and a cryptocurrency enthusiast.

#5 ALAX

The game industry has always been ruled by big firms like Sony or Nintendo. Small and independent game developers, therefore, face a lot of trouble releasing their game or even generate interest. ALAX is trying to address this issue exactly as it is a blockchain-based Mobile Game Distribution Platform. ALAX’s idea of transforming the gaming industry around the globe is quite simple – offering a platform for content creators or game developers and gamers including unbanked (who do not use credit or debit cards but have cash and 3G/LTE enabled smartphones) consumers worldwide.

Alax’s current market cap is not something huge, just $6,857,718 USD (837 BTC  or 14,734 ETH) and the 24-hour volume is only $63,212 USD (7.72 BTC or 135.81 ETH). This is agreeable since Alax is ranked 517 in crypto world. But Alax has created a total of 1 billion tokens, out of which 334,016,102 ALX token is in circulating supply at the time of the writing. At the time of the launch, an ALX token cost $0.27393 which reached about $0.31 on July 8th, 2018. As of July 29, a single ALX token price is $0.020547.

The token is available in three exchanges CoinBene, Qrytpos, and CREX24 and can be traded with ETH, BTC, BCH, QASH, SPHTX, and LTC. CoinBene currently holds about 76% of the ALX token.

The Token Generation Event (TGE) took place between April 17th and 23rd, 2018 when the 1 billion ALX tokens were created, but ALAX opted to make only 30% of it available. The project had only hard cap and no soft cap, meaning regardless of the outcome ALAX would pursue its plan. The tokens are distributed among different segments of the firm including 150 million ALX each to development and partnership, integration, and team, and 200 million in marketing.

ALAX had a very generous airdrop campaign in mind since it decided to distribute 10 million tokens among all participants equally. All the interested applicants had to do were to give their telegram ids, email ids, and Ethereum wallet addresses into the form provided in the registration link, and then join ALAX’s Telegram group. Every user also got a referral link to invite 5 other people.

The ALAX airdrop event lasted for 28 days. After the airdrop, ALAX reported a whopping 57,205 confirmed participants. This with 24,279 referees gave a total of 81,484 stakes, resulting in each stake being worth of 122.7234 ALX. However, the maximum number of tokens a participant could get depended on the number of referrals he/she had but definitely not cross 6000 ALX. All tokens were delivered to the successful addresses by May 23, 2018. All of these 1o million tokens are made tradable on exchanges.

ALAX is a DApp built on top of DECENT’s DCore blockchain. Now the customers will be able to access the ALAX Store via an application built using DECENT’s library which will provide blockchain functionality. On the other hand, the content providers will have access to the ALAX Android SDK, allowing them to include a range of features like in-app purchases, rewards etc. Thanks to the capability of DCore, the firm can offer worldwide transaction settlement within just 5 seconds of purchase.

ALAX has partnered with DECENT for incorporating their blockchain and Dragonfly, a firm that has pioneered an integrated mobile gaming application marketplace.

Team

Matej Michalko – Matej Michalko is a blockchain pioneer and one the co-founder of ALAX. He has over 7 years of experience in Bitcoin, Blockchain, and cryptocurrencies. He also founded DECENT as is currently its CEO. He even organized the first International Bitcoin Conference in China as well as numerous other Blockchain conferences.

Kalvin Feng – Kalvin is the other co-founder of ALAX. He had also founded Dragonfly Co, Ltd and its CEO. He had also previously founded Kason Technology and having gained vast experiences by working for global foreign companies. He has extensive knowledge in R&D and marketing of electronics like notebooks and mobile phones. He also has an EMBA degree from Fudan University and Washington University in St. Louis.

Tomas Koprusak – He is the Project Lead at ALAX. He has over 10 years of experience in web development, marketing, and product management. He is also the product manager at Treeti and was previously the product manager at DECENT.

Ronald Filo – Ronald is a Technical Evangelist at ALAX and has over 15 years of experience in various areas of IT. Ronald has extensive knowledge and provides the best possible solutions to all software problems that the team at ALAX may face. He is also the Head of Research at DECENT. He also has a degree in Informatics from MFF, UK, Bratislava.

Peter Student – Peter is a Software Architect at ALAX. He has over 11 years of experience in various IT fields like the Head of software development at a Digital agency, leading IoT initiatives to name a few. He is also the Head of Software Development at DECENT. He has degrees in Informatics and Software Engineering from The Slovak University of Technology.

Marian Podmajersky – Marian Podmajersky is a Blockchain Consultant/Engineer for ALAX and also is the technical lead. Marian is a doctorate in Software Design & Development and as such has vast experience in the field. He is also extremely knowledgeable of how to concept proof applications for Blockchain.

David Martinec – David is an Operations manager at ALAX. Even during his graduation days he began to look into the world of Blockchain and was fascinated by it. He was previously the project manager at SophiaTX.

Matej Nemcek – Matej is associated with ALAX as a blockchain and backend engineer. He is a software developer with interests in NodeJs and decentralized technology. He is also a brilliant backend engineer.

Advisors

Richard Wang – Richard Wang is a Blockchain advisor for ALAX. Wang has over 20 years of experience in t business development, technical marketing as well as in sales management in high technology space experiences. Wang had previously served as QunZhong E-Commerce’s CEO and had successfully opened up the market and developed its franchise channel.

Eric Liou – Liou is is one of the advisors for ALAX. He has over 20 years of experience in the high tech industry and has worked as RD engineer, sales manager in companies like MediaTek, SmartPal, and ASUSTek. He even co-founded a startup.

Xiaomin Wang – Wang is a Blockchain expert as well as an experienced lawyer and has over 5 years of experience in the industry. She was also part of the team that organized the BitcoinExpo in Shanghai in 2014.

Tomas Varga – Tomas Varga is the Head of Strategy at DECENT and an Advisor at ALAX. He is an experienced business professional with a strong track record of projects and had previously worked for KPMG and IBM. He has an Economics degree from the University of Economics in Bratislava

Peter Pongracz – He is Blockchain Enthusiast & Evangelist and is an advisor for ALAX. He is an experienced business developer and has worked in companies like Big Pharma and Venture Capital. He is currently also associated with DECENT as a business developer.

#6 TRON

Our next top pick of 2018 is TRX airdrop from TRON. Founded in 2017, the California-based firm aims to create an entertainment platform that allows content creators full control over their content through the use of blockchain technology and distributed storage technology.

In April 2018 TRON announced that it will randomly distribute all 30 million tokens to those ethereum wallet holders who have at least 1 ETH. This airdrop was meant to reward the Ethereum community for supporting the development of ERC20 TRX token as well as flaunt what features TRON will have to offer.

TRON has airdropped 30 million TRX tokens, worth $1.7 million USD, in May before their mainnet launch. The campaign started on April 27 and ended on May 7, distributing the tokens among 602,881 Ethereum addresses, each receiving an amount between 10 TRX to 100 TRX by random selection. Justin Sun also used this airdrop event as a platform to show TRON’s superiority over Ethereum.

Ethereum users who met the following two criteria were eligible for airdrop –

  • Any account on the public blockchain that transfers or receives ETH from Jan-01–2018 00:00:02 AM + UTC — April 20, 2018, 00:00:04 +UTC (block 4832686 to block 5471198).
  • The account has an ETH balance of over 1 on April 20, 2018, at 00:00:04 +UTC (block 5471198).

As of July 30, the market cap value of TRON stands at $2,620,101,698 USD or 320,102 BTC, and the 24 hour volume is $306,699,000 USD or 37,470 BTC. There is a total supply of 99 billion TRX tokens out of which 65,748,111,645 TRX are in circulating supply. Ranked 19, TRON’s TRX token value currently is $0.039851 USD.

The TRX token is listed in numerous and almost all important exchanges including OKEx, Binance, Houbi, Upbit, Bithumb, Bit-z, Binance, Gate.io, Bittrex etc. You can buy TRX token with BTC, ETH, ERDT, USDT, CNY, BITCNY, LTC, XRP, LA etc. as well as with some fiat currencies.

TRON’s decentralization mechanism allows it to offer contents without restrictions or censorships. The TRON architecture is a very complex one.  Simply put, content creators can list their content on the TRON platform and make it available for purchase – this could be films, music, images etc. The entire transactions will be done using the TRX token and without the involvement of any fees.

The content creators can also receive incentives – a strategy to encourage them to put their content on the TRON platform and help stimulate the TRON ecosystem. TRON also allows other crypto platforms to host on the platform while offering their own tokens. Now the users can transfer these tokens into any other on the platform using TRX as a bridge token.

Tron has managed to acquire an impressive list of partnerships. Through these partnerships with companies such as Baofeng, Peiwo, and Obie, TRON has been able to get over 200 million potential users already. Combined with the recently announced project with game.com (TRON Dogs- Similar to Crypto Kitties), the potential number of users are already impressive. TRON has also managed to partner with several exchanges recently including Chagelly, BitForex, Max exchange, Coinex, and OTCBTC.

As per the report, TRON has also managed to partner with few NASDAQ listed companies. The firm has also entered into a partnership with three more firms – Brazzers, Nutakugames, and TrafficJunky. TrafficJunky is one of the biggest digital marketing company in the world currently.

Team

The TRON team has a huge number of employees and it keeps growing, with TRON hiring talents and specialists from reputed firms.

Justin Sun – He is the founder and CEO of TRON and Callme (PEIWO) APP – one of the largest voice live streaming apps in China. Justin is on the list of Forbes 30 under 30 for three times from 2015 to 2017. He is the only millennial student of Hupan University and becomes a protege of China’s tycoon Jack Ma, Chairman of the Alibaba Group. Justin obtained a Master Degree from the University of Pennsylvania after he received a bachelor degree from Peking University.

Lucien Chen – He is the Chief Technology Officer at the firm. He has a large amount of experience with a number of first-tier internet companies.

Deuce Yu – Product Supervisor at TRON, he has extensive experience in the gaming industry, something that could be very beneficial to the TRON project when they reach the latter stages of their roadmap.

Olivier Zhang – AKA Zhang Sicong is the Senior Technical Engineer responsible for smart contract and related technology development work in TRON. He has a master’s degree in Beijing Institute of Technology and 10-years experience in Internet and enterprise software development. Also, he has profound knowledge in search technology, distributed computing, and big data platforms. He has worked for Leshi Internet Information & Technology Corp. Beijing, in big data cross-screen statistics related work and the Alibaba Group, where he was mainly responsible for the business module of the smart marketing platform. In Alibaba, he also led the development team, building a complete set of real-time import tools and an anti-cheat system.

Charles Zhang – He is the Operation Supervisor at TRON. He is the former co-founder and COO of Elegance Space and also served as Secretary-General of their Chicago branch.

Aaron Wang – He is leading the R&D of the bottom contract of TRON. Aaron is a former R&S engineer of Perfect World Co., Ltd

#7 Aelf

Aelf calls itself a decentralized distributed self-maturing cloud-computing grid –  what this means is it is an operating system that is customizable and built for blockchains to meet commercial chains. The firm focuses on a unique system of governance and side chains to solve issues with the current blockchain technology.

As of July 30, the market cap for Aelf is $169,886,750 USD (20,738 BTC or 363,830 ETH) and 24 hour volume is $13,089,400 USD (1,598 BTC or 28,032 ETH ). Out of the total supply of 280,000,000 ELF tokens, there are 250,000,000 ELF tokens are in circulating supply. The maximum supply of Aelf token is 1 billion. At the time of the launch, an ELF token cost $1.08 but has come down to  $0.679547 USD. At the beginning of the year, the price shot to $2.59 – its highest to date.

Ranked 62, Aelf’s token has been listed in quite a large number of exchanges including OKEx, Huobi, Binance, Gate.io, Bithumb, Kucoin, Hotbit, IDEX, DDEX, Bancor, Radar etc. Huobi and OKEx are the two exchanges that hold the major market share of ELF. You can purchase ELF token with BTC, ETH, XRP, and USDT. ELF token is stored in ERC20 enabled wallets like MyEtherWallet or Exodus. To access enhanced security features, you need to explore the Ledger Nano S.

The firm has assigned their 1 billion ELF token as follows –

  • 250,000,000 (25%) – Aelf Foundation for 3 years of vesting period
  • 160,000,000 (16%) – Aelf Team, 2-year vesting period
  • 120,000,000 (12%) – Marketing/Air Drops, 3-year vesting period
  • 120,000,000 (12%) – Mining, 100-year vesting period
  • 100,000,000 (10%) – Advisors/Partnerships, 2-year vesting period

The Aelf team launched an exceptional marketing scheme named the Candy Airdrop Program. The airdrop project rewards its users for completing some simple tasks like re-tweeting an aelf tweet or logging onto the Candy dashboard daily – basically when you help them grow on social media. The ELF tokens are delivered to the user’s ethereum address they provide. As of March 4, 2018, the Candy system’s success is as follows –

  • Registered users: 370,904
  • Page views: 2,557,441
  • Country spread: 204
  • City spread: 11,915

Aelf blockchain consists of a main-chain and multiple side chains. The main chain is the base chain on which the side chain operates. The interesting thing is the main chain can interact with outside Aelf’s blockchain as well. Every business who wants to use Aelf’s side chains run parallelly i.e. each smart contract has its own chain. The enterprise or business, i.e. the token holders here keeps the full governance of their business on the chain and allow developers to customize according to their needs and pay the developers in ELF token.

Aelf made its private sale to a focused investor group, but it was oversubscribed by more than 6 times their cap within just two weeks. The investor list includes Alphabit, 1kx Capital, FBG Capital, BlockTower, Galaxy Partners, Hyperchain, Hashed, LinkVC, and Signam Capital.

The project has received considerable investment from numerous venture capital firms. Draper Dragon, FGB Capital, Blockchain Ventures, and over 10 other investment firms participated in the token sale. In fact, the project has been so popular that Aelf had to reject the majority of interested investors as ther reached their 55,000 ETH goal within two weeks of starting the sale. Since the token sale, they have formed partnerships with Youlive, Merry Merkle Tree, Theta, U Network, Wachsman, DATx, and CNN.

Team

Ma Haobo –  Haobo is the founder of Aelf. He was previously the founder/CEO of Hoopox as well as the CTO of GemPay and AllCoin. Ma is a Blockchain expert, an early adopter of digital assets, Ex-CTO of GemPay, AllCoin. He is also a member of Blockchain Experts’ Commission of Chinese Institute of Electronics and China Computer Federation.

Zhuling Chen – He is the co-founder and the COO of Aelf. He is an MIT graduate, Consulting veteran at Roland Berger, and has advised multiple MNCs and governments.

Rong Peng – Rong Peng has a decade of experience in Internet development and management. He was a Technical Director at ABC Fintech where he was an expert in data mining and data visualization. Rong Peng also worked on a platform-based Blockchain for Tongxinclub in China. a former R&D Director (server-side) for Dolphin Browser.

Deng Guanglei – Deng is the Senior Development Engineer at Aelf. A former Associate at Standard Chartered Bank, he has 10 years of experience in driving innovation projects in multiple industries. Previously led software development for real-time risk management system, AML and KYC intelligence and many other systems. He holds a first class honors degree in Electrical and Electronic Engineering from Nanyang Technological University and MSc in Applied Economics from Singapore Management University.

Advisors

Liam Robertson – Liam is one of the largest individual and corporate traders of Cryptocurrencies in Europe and the Middle East. A certified investment manager in the UK, he established one of the world’s first regulated Cryptocurrency Hedge Funds in 2016. As founder and CEO of Alphabit Limited, Liam now advises a number of funds, family offices, and ground-breaking Blockchain enterprises.

Michael Arrington –  Michael is the founder and CEO of TechCrunch. He was also the VP of RealNames, co-founder of Achex, founder of Zip.ca and Pool.com, as well as COO of Razorgator. Arrington also consulted at numerous companies such As Verisign. In May 2008, Arrington was named one of the world’s 100 most influential people by Time Magazine.

Zhou Shouji –  He is the Founding Partner of FBG Capital, with extensive experience in digital assets trading and investment. Vincent is also an early investor of a broad spectrum of blockchain companies and projects. He is considered as one of the most well-connected and visionary crypto hedge fund managers in Asia.

Kenneth Oh –  He is Senior Partner with Dentons Rodyk & Davidson’s Corporate Practice, and China/Indonesia Practices. Kenneth specializes in corporate finance, with almost two decades worth of experience in venture capital, private equity, IPOs/Token Sales and post-IPO/Token Sale into, as Well as mergers and acquisitions. Kenneth is admired for his quickness of mind and has been widely pursuing a legal guru in his area of interest.

Conclusion

The ICO campaign is all about raising money, so the number of people interested to give money to be part of the project is considerably less, barring a few like Telegram or EOS. On the other hand, the prospect of free token distribution naturally draws a greater number as there is nothing to lose than just a few minutes for registration. The next step for the participants is just to wait and watch. Whereas for the firm, it generates the desired interest since they hold the tokens and the word of mouth tactics work like charm here. It increases the prospect of a blockchain project to raise funds in future. Therefore, airdrop campaigns are something which keeps both the parties happy. Now whether the token holders choose to retain the tokens rather than sell it almost immediately is something only time will tell.

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