Project Edenchain-Blockchain program the whole economy

Project Edenchain-Blockchain program the whole economy

Technological ideas

This blockchain is geared towards applications in a wide variety of areas ranging from IoT, finance, the economy of sharing or the gaming industry.
Provides a platform that enables the creation of ICOs for start-up projects, supports almost the entire package from creating token smart contracts, to solving legal issues, investing and marketing.

Product:

ICO Platform: HelloEden platform for creating tokens, ICO start-ups
 B2B Commerce: E-Commerce Platform
 P2P Finance: Financial Platform
Edenchain is confident that it will be the first organization to support the ICO platform in Korea and take advantage of the status of the “first” in a country to attract the attention of investors.

Detailed technology

First to mention the smartcontract written in solidity language despite many controversies but thanks to Ethereum that can say Solidity is now the most popular smart contracting language.
The new namespace technology makes it possible for Edenchain to conduct large amounts of transactions quickly. As fast as we still have to wait for further testing.
E-bridges help recover data from a myriad of data sources, encrypt these data and take advantage of MVT to protect data from being stolen.
Application DApps and masternode: the other two attractions of Edenchain
These are the products that they intend to:
 (1000 tps per namespace and the number of namespaces is unlimited). LFT (loop fault tolerance) is similar to DBFT to refer to nodes in a slightly different way.
Proof of elapsed time (PoET) indicates that it is designed by Intel, similar to POW but uses less energy as the leader in the system is randomly selected to determine the next block. The fairness of the selection process is ensured by the Intel’s Software Guard Extension (SGX) security feature. As anyone may know, GSX aims to minimize the risk of malware being compromised on the system.
The second Median Voter Thereom (MVT) consensus protocol for continuous data is provided by the E-oracle server in the offchain system.

Team dev, Advisor, Partner

About the team and advisor of Edenchain, look at how they have prepared themselves and identify themselves as a large scale project.

Development Team

CEO James Ahn holds a master’s degree in software from Korea University and KAIST, with 20 years of IT experience. 4 books and many articles on machine learning, finance. CTO at CyberRenassance Inc (Japan) served as consultant to the NIA platform, technology consultant of the National Telecommunications Service
Co-Founder Jenny Ryoo, MSc in Dongguk University 10 years in IT.
Hokyun Kim (Blockchain Programmer): A Korean university graduate with 18 years of IT experience, each WAP Mail Gateway programmer for SK Telecom provides seven APIs for the network, resulting in a 200k subscriber service. Paid.
Brian Park (blockchain programmer) graduated from Hanyang University 15 years of IT experience, has created a virtual programming space based on Sandbox technology for SK Telecom.
The dev members are described with quite a lot of experience in the stable fulltime industry for Edenchain.

Advisors:

The advisor team is very large (in their website put up 10 people) in which character Changki Park is known as the most famous businessman in the Internet field in Korea who leads the Paxnet project received 5mil investment Goldman Sachs, and has been with Samsung for 14 years.
Karl Pfister-Kraxner is running a $ 400mil business in the GfK.com technology sector, which has completed corporate reorganization for Samsung in 14 countries. And not to mention Mina Jeong, founding CEO of M & K
The Advisor team spanning key areas is the foundation for the scale-up of future ICO projects.
However, one thing is very interesting to learn about the team and the team is that despite the experience in the IT industry, AI is terrible, none of them are mentioned in the experience in the blockchain. This question may be due to the sharing of people, especially those who directly work in the programming industry as they know that much of the IT experience does not mean that you can program the blockchain well. is that right?
Edenchain gives proof of their ability to support ICO startup projects, which is co-operating with M & K, the leading technology and marketing PR firm in Korea.

Partner

Cleandeal, a B2B open market platform operated by YT Group, is contracted to supply Hyungji, KHMA, and Embrain.
 MyCreditchain is affiliated with Pintech Firm Finger, a leading provider of financial services for P2P. The company is currently using Edenchain’s platform to provide their main service.
That is Edenchain has quite firm legs.Roadmap
Alpha and Github will be announced in April.
 HelloEden ICO platform on Q2 2018, EDN tokens on the floor on Q3 2018, mainnet Q1 2019

Token sale:

The token sale plan is announced on Mar. 27: https://medium.com/edenchainio/edenchain-ico-plan-56f8c69d9601
 Simple agreement for future tokens (SAFTs) is made in Presale Round A
Ticker: EDN
Eden will develop is own wallet for EDN
ICO Token Price: 1 EDN = 0.0600 USD
Fundraising Goal: 24,000,000 USD
Total Tokens supply: 1,000,000,000
Available for Token Sale: 40%
BONUS available fo pre-sale contributors.
EdenChain will deploy 50% of its funds for their technology platform
Unsold tokens will be burnt

Token allocation

40%: Token sale
 18%: 13% for founders, 5% for advisors
 15%: Strategic partners
 12%: Accelerator program
 10%: Foundation
 5%: Bounty marketing

Use of proceeds

50% for technology development
 10% each for Community / Ecosystem, Legal / Regulation, Marketing, Security, Operation.
 24mil cap, 40% token sold. Market cap when the floor is 33mil. Acceptable. However, at this moment, this project should only mobilize about 15mil is ok.

Reference Information

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