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RE: EDENCHAIN (EDN) - The future of Enterprise grade blockchains

in #steemit7 years ago

Great and detailed article. However, it should be noted that Edenchain is a team that is focused on developing their business and forming real partnerships with REAL businesses that have revenue and profits, and working products that are sold.

That probably explains why they do not have that much effort focused on creating hype on their social media channels. I think that they will do very well once the cryptocurrency community starts to realise this and Edenchain will grow significantly in value.

Also, while they have allocated 5% of their total tokens to bounty/marketing, it is important to note that their pre-ICO bounty program is only distributing 1mil EDN tokens (0.1% of total token supply). It shows that the Edenchain team thinks deeply about the long-term prospects of the project and intends to use the bounty allocation wisely in the future.

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Thank you for the feedback. I was not sure of their timeframe for spending the 5% bounty allocation (did not gather that from whitepaper). I completely agree on their partnerships with rea1 businesses. I do have a section on their partnerships in my article and i do believe that having real business is important than hype in the long run. The hype aspect is only highlighted for short term investors.

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