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Hypernet

Hypernet

Active Pools Min cap Bonus Commission Raised Rating Language Access Created
Last ICO deals

Min cap

0.5 ETH

Bonus

-

Commission

7.5%

Raised

750 / 750 ETH

Active

31.05.2018

Finished successfully

03.06.2018

Min cap

0.2 ETH

Bonus

73.7%

Commission

3.5%

Raised

35 / 1000 ETH

Active

10.05.2018

Lockup of 1st year, then 50% will be distributed in the beginning of 2nd year, then rest will be distributed linearly over the course of 2nd year (12 months)

Finished unsuccessfully

11.05.2018

Min cap

0.15 ETH

Bonus

52.7%

Commission

3.5%

Raised

414 / 414 ETH

Active

10.05.2018

Distribution begins immediately and is spread evenly over 12 months.

Finished successfully

11.05.2018

Min cap

0.15 ETH

Bonus

31.6%

Commission

3.5%

Raised

1761 / 1761 ETH

Active

10.05.2018

All tokens are distributed immediately after crowdsale along with all crowdsale participants.

Finished successfully

11.05.2018

Min cap

0.5 ETH

Bonus

-

Commission

5%

Raised

571 ETH

Active

13.06.2018

Finished successfully

14.06.2018

Min cap

0.15 ETH

Bonus

5%

Commission

3.5%

Raised

405 / 405 ETH

Active

08.06.2018

Finished successfully

12.06.2018

Min cap

0.2 ETH

Bonus

-

Commission

3.5%

Raised

7 / 100 ETH

Active

25.06.2018

Finished unsuccessfully

26.06.2018

Min cap

-

Bonus

-

Commission

3.5%

Raised

No data

Active

10.05.2018

Finished successfully

11.05.2018

Min cap

0.2 ETH

Bonus

-

Commission

3.5%

Raised

112 / 301 ETH

Active

23.06.2018

Finished successfully

23.06.2018

Min cap

0.3 ETH

Bonus

-

Commission

9%

Raised

20 / 100 ETH

Active

01.06.2018

Finished unsuccessfully

29.08.2018

Min cap

0.5 ETH

Bonus

20%

Commission

2.5%

Raised

0 / 307 ETH

Active

01.07.2018

Finished unsuccessfully

06.07.2018

Min cap

-

Bonus

20%

Commission

3%

Raised

No data

Active

01.07.2018

Finished successfully

01.07.2018

Analytics

Category: Cloud Computing                                                                                 Country: USA  Date: June 7, 2018

 

INTRO

Hypernet – this is a protocol for high-performance computing in the distributed network of devices. The Hypernet technology allows personal computers to connect with each other and become a single supercomputer with parallel computing.

 

TOKENOMICS

Metrics:

The team has not yet disclosed the details of tokenomics. Quite a few things are known from metrics:

  • Token Name: Hypertoken (ERC-20)
  • Platform: Ethereum
  • Total Supply: 100M
  • Token Sale: 40M (40%).
  • Soft Cap: TBA
  • Hard Cap: $15M
  • ICO dates: TBA

 

For early members there are 3 options of token price:

  • ~0,25$ with freezing of bonus part for 2 years,
  • ~0,45$ with freezing for 1 year
  • ~0,60$ without freezing.

Price at ICO will be a little more than 0,65$.

 

Product

The work of Hypernet network is based on the principle of Distributed Average Consensus (DAC). DAC in combination with Blockchain allows efficiently distributing computing tasks and flexibly managing network capacities.  

 

The network architecture includes two main levels:

  • DAC/API (off-chain) – a model of parallel programming, which eliminates the need in central computer for task coordination.
  • Blockchain Scheduler (on-chain) – operator's blockchain, which automatically determines the customer’s needs and matches suitable devices-executors, providing the maximum efficiency of the process.

 

So far, there’s no platform prototype. By August 2018, the project team plans to launch Scheduler and Consensus API, and in December 2018 – ready operational environment.

 

Team and Partners

The Hypernet project is created by talented graduates of Stanford University: scientists, engineers in the area of aerospace engineering and programmers. The team consists of 10 employees with academic degrees and different competences, but without experience in blockchain industry.

 

Of 3 cofounders Daniel Maren can be distinguished, who was Dragonfly Systems cofounder in the past and entered Forbes 30 before he was 30.

 

3 famous advisors are listed on the site:

  • Randall Kaplan, a cofounder of Akamai Technologies, which services almost 25% of world Internet traffic, enters S&P 500 with staff over 7,6K people and profits to the amount 2,4 billion. Randall is also the founder and CEO of JUMP Investors venture fund.
  • Tony Reeves, financial director of Global Technology in Experian with annual turnover $4,6 billion.
  • Joseph Urgo, a cofounder of District0x (capitalizations - $36M)

In the nearest time the founders promise to announce the cooperation with other 3 advisors.

Partners and investors aren’t found.

 

Social Activity

The community’s interest in the project is medium. The main channel of project and its community connection is Telegram with 12,6K followers. The lion's share of questions is details of running ICO, but the team has not yet disclosed them.

The project account in Twitter counts 1,5K followers, and group in Facebook – 1,6K users. However, audience’s activity in these channels is very low.

The discussion of the project in forums, in Reddit, Medium is also low, although the project was noticed by famous analysts Ian Balina, Wolf Crypto and ICOdrops.

 

Market

Hypernet enters the market of computation power distribution.

On April 12, 2018, Gartner analysts disclosed the results of the research of the world market of public cloud services. In 2017 the total expenses of users and companies for public cloud services increased by 30% and made up $153,5 billion versus $118 billion the year before.

 

Sonm, Golem, Elastic, iExec RLC and others are among project’s competitors:

  • Golem - capitalization - $480M, from the date of entering exchange GNT cost increased 38 times
  • SONM – in the course of ICO $42M was raised, capitalization - $69M, ROI USD - 1,23x
  • iExec RLC - capitalization - $125M, from the date of entering exchange RLC cost increased в 5,6 times
  • Elastic - capitalization - $22,1M, from the date of entering exchange XEL cost decreased 3,25 times
  • DeepCloud AI – is at the stage of preparation to ICO

The key advantage of Hypernet over competitors is a new model of parallel computing developed from scratch and, as a result, wide opportunities of solving general computing tasks. The competitors’ existing models of computing are focused on the solution of narrow tasks, for example, rendering in Golem.

 

Verdict

The decrease in expanses and increase of cloud computing speed is a topical idea. It is not clear what model will be accepted by the market. Golem and Sonm are already showing progress, meanwhile Hypernet is getting started everything.The team should launch the complete operating environment to increase the credibility of the project. Technically the Hypernet model is more perfect than the opponents' models. But the testing in real conditions will put everything in its place. Theoretically, Hypernet model is more advanced than competitors’ models, but the testing of the protocol in real conditions will set things straight.

 

Hypernet is at early stages, because of that there are many information gaps. However, a talented team from Stanford University, support on the part of powerful advisors and the launch of the ready product within 6 months indicate good prospects of Hypernet.

Conclusions will be updated after announcement releases from the team.

 

Fraud risk - low. Community’s interest – medium.

Product - 8
Team and partners - 8
Market - 8
Average score - 8

DISCLAIMER: This is not financial advice! None of the members of ICOPools.io are licensed financial advisors, hence you are urged to do your own due diligence and take your own decisions. (read more)