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Thunder Token

Thunder Token

Active Pools Min cap Bonus Commission Raised Rating Language Access Created

Активный Пул

Min cap

0.5 ETH

Bonus

-

Commission

-

Raised

57 / 148 ETH

484

Rating

4

Language

EN

Access

Created

27.04.18

Last ICO deals

Min cap

2 ETH

Bonus

-

Commission

5%

Raised

2000 ETH

Active

18.06.2018

Finished successfully

19.06.2018

Min cap

-

Bonus

-

Commission

-

Raised

21 ETH

Active

20.06.2018

Finished successfully

27.06.2018

Min cap

-

Bonus

-

Commission

-

Raised

388 ETH

Active

27.06.2018

Finished successfully

27.06.2018

Min cap

0.5 ETH

Bonus

-

Commission

1.5%

Raised

35 / 351 ETH

Active

27.06.2018

Finished successfully

11.07.2018

Min cap

0.5 ETH

Bonus

5%

Commission

3.5%

Raised

400 / 400 ETH

Active

05.05.2018

Finished successfully

20.06.2018

Min cap

0.5 ETH

Bonus

-

Commission

2.5%

Raised

0 / 200 ETH

Active

30.06.2018

Finished unsuccessfully

11.09.2018

Min cap

-

Bonus

-

Commission

5.5%

Raised

No data

Active

25.06.2018

Finished successfully

29.06.2018

Min cap

0.15 ETH

Bonus

-

Commission

4%

Raised

34 / 100 ETH

Active

18.06.2018

Finished successfully

19.06.2018

Min cap

-

Bonus

-

Commission

2.5%

Raised

58 ETH

Active

24.06.2018

Finished successfully

26.06.2018

Min cap

-

Bonus

-

Commission

6.25%

Raised

460 / 2000 ETH

Active

19.06.2018

Finished unsuccessfully

20.06.2018

Min cap

0.5 ETH

Bonus

-

Commission

2.5%

Raised

11 / 30 ETH

Active

24.06.2018

Finished unsuccessfully

11.07.2018

Min cap

-

Bonus

-

Commission

2.5%

Raised

No data

Active

25.06.2018

Finished successfully

27.06.2018

Analytics

Category: Protocol, blockchain service                                                                  Country: USA   Date: June 25, 2018

 

INTRO

Thunder Token – a protocol, which deploys over any blockchain, has high network capacity and rate of transaction confirmation.

 

 

TOKENOMICS

Metrics

So far, there’s no data on ICO and token

Tokens distribution

So far, there’s no data on ICO and token

Protective measures against the tokens depreciation

No data

 

 

PRODUCT

The relevance of market problems solved by the project

 

The problems the project is about to solve:

  • Low capacity of existing blockchains;
  • Long time of transaction confirmation;
  • Current solution of blockchain scaling doesn’t support smart contracts and decentralized apps;

 

Thunder Token intends to solve these problems by creating a protocol, which will work on existing blockchains and will:

  • provide solution, which allows increasing capacity of any blockchain;
  • be resistant to attacks 51%;
  • support smart-contracts and decentralized apps;

 

 

The description of key products and project technology

Thunder Token protocol combines safety and transparency of traditional blockchains (“slow level”) and the rate of centralized systems (“fast level”). The protocol of fast level is activated by the group of Thunder Token (500 nodes) holders, and distribution of transactions and data is carried out by Accelerator (because centralized solutions solve this task better)

 

As long as Accelerator carries out its work, the network is in working condition, and over 75% of token holders uses their resources as intended, there will be no need for “slow level” – all transactions can be confirmed on “fast level”. If the balance is violated, the transaction will be conducted at the slow level without affecting lower-level blockchain.

 

 

The stage progress and milestones of the project development (Roadmap)

For today the project is at the initial stage of development, there are no MVP and Roadmap. There’s no repository on Github.

There’s only Litepaper.

 

The importance of blockchain in the project

The protocol is add-on for any blockchain network, which allows accelerating it.

 

 

TEAM AND PARTNERS

Experience and the team achievements

According to the project official site, the project team consists of 4 persons. Apart from the project founder, there are unix-engineer and two researches from Cornell and Berkeley universities. None of them has conformed experience in the area of blockchain solution development.

 

Chris Wang, CEO - Ph.D. in computer science, Cornell university. In 2008 (at the age of 24) cofounded gaming platform Playdom (managed it within years), which he sell in  2010 to Disney for $ 563M. For two years held the position of VP of Tech in Disney.

 

Elaine Shi, Scientist - Associate Professor at Cornell University in the area of computer science / Research Scientist at UC Berkeley. Since 2011 has been studying blockchain technology. The participation in the project is confirmed.

 

Rafael Pass, Scientist – professor of Cornell university (+12 years - the experience of researcher). The participation in the project is confirmed.

 

Chris li, Lead engineer – an expert in the field of virtual machines, operating system nuclei, file systems and hypervisors. The experience in open sources is not found. The participation in the project is confirmed.

 

At the same time, 22 members of the team was found in Linkedin, some of them are experienced in the development of software and blockchain solution:

 

Jianqing Zhang, Core engineer - worked 5 years as a researcher in the area of security in Intel. Then 2 years as an engineer in VMware and 1 year in Uber as chief engineer.

 

Derek (Enchi) Chiang, Director of Dapp development – during study at the institute worked in many different projects as an engineer (6-year experience). As a blockchain developer worked in Dfinity startup (6 months).

 

Apekshit Sharma, Blockchain developer – worked in Google (almost 3 years) as a developer of software and a little over 3 years in Cloudera. The total experience as an engineer 6 years. There’s no experience as a blockchain developer.

 

Zach Amsden, Lead software engineer – worked in a number of IT-companies: SGI, Mirapoint, Vmware (5 years), Red Hat (2 years), Facebook (5 years), Cloudera. The total experience as a software developer is 19 years.

 

 

Advisory board

The project has no advisors.

 

Strategic partners

The project has no concluded partner agreements.

 

Large investors and investment funds

The project has no investments on the part of large investors, however, investments from a number of private investors specified in the page in Linkedin were obtained.

 

 

MARKET

Competitive environment

The team explored the market in detail and specifies advantages over its successful competitors.

 

Lightning network, Raiden network – as opposed to Thunder Token doesn’t support smart contracts;

 

Practical Byzantine fault tolerance (PBFT) algorithm, which uses Zilliqa ($22M was raised in the course of ICO, capitalization - $514M, ROI USD - 17.79x) to achieve consensus and other blockchain projects two times slower that the solution offered by Thunder Token;

 

As distinct from Algorand, this project is resistant to attacks 51%;

 

Dfinity doesn’t solve the issue of increasing the rate of transaction of lower-level blockchain;  

 

Solutions Caper и Plasma for Ethereum are focused on block validation and rather complement this project than compete with it.

 

 

The project advantages

  • Acceleration of the rate of existing blockchains without affecting its infrastructure;
  • Support of smart contracts and decentralized apps;
  • Resistant to attack 51%;
  • This solution is two times faster that Practical Byzantine fault tolerance (PBFT);
  • This development is more convenient for creation of one’s own software solutions based on it, than PBFT;

 

 

SOCIAL ACTIVITY

The project popularity in the social networks and discussion forums

  • Telegram: 4,8k subscribers, average user activity;
  • Twitter: 3.9k followers, the average number of likes per twit is 20, the average number of retwits per post is 7;
  • Medium: 60 subscribers, there’s only 1 post in the feed and it has 1к likes, but no comments;
  • Reddit: 218 subscribers, the average number of comments per post is 2;

The project is absent on the radar of influential analysts.

Administrators slowly answer question in Telegram.

 

 

Fraud risk - medium. Community interest - low. 

Product - 6.8
Team and partners - 6.8
Market - 8
Average score - 7

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)