Etherparty (FUEL) Crypto Review: Smart Contracts

Etherparty (FUEL) Crypto Review:Simplifying Smart Contracts

Etherparty (FUEL) I had wanted to write a review on this crypto project for awhile now since it’s from Canada and the same province as Peculiarmonkeys. I had heard about Etherparty the first time through Facebook I have a mutual acquaintance that is friends with one of the lead developers on the project. It makes it a lot easier to be a crypto investor when people you respect are friends with members of the team, and as a local, it’s easier to spot legitimate crypto projects. I’m not a fan of too much government regulation, but it does mean that most blockchain companies that are starting from Canada will be a lot easier to trust than an ICO being run from countries with loose regulations.

I was initially concerned about the hack that took place during the recent ICO, and although the team did make appropriate measures to resolve the issue quickly and compensate investors for lost tokens, it still created doubts in my mind in regards to investing in Etherparty.

Hacking, unfortunately, happens to all forms of businesses no matter how large and profitable they are. Look at the recent Equifax hack for an example that it can happen to any company no matter how good their security is. I decided to dig deeper into Etherparty, and I’m glad I did in this review I will be analyzing the investment potential of Etherparty, and it’s token Fuel.

Highlights of the Etherparty review will be as follows:

* Etherparty- Introduction
*The Team- Overview of the team members and partnerships.
* Marketing- Etherparty marketing strategy
*Investment Analysis- Will this be a profitable investment?

Etherparty(FUEL) Cryptocurrency Review: Introduction

Etherparty is a simple to use platform that enables users to create, run, and manage smart contracts, that may potentially accelerate the growth rate of commercial and consumer adoption of blockchain technologies. Even though blockchain has the potential to change the foundations of commerce and data storage, the technology’s use by non-computer professionals has been restricted due to to a lack of easy to use consumer applications.

Fuel is the Token that runs on the Etherparty platform, and the token is essential to access and conduct tasks such as using the contract library, security testing, network fees, monitoring, and management of the whole smart contract process.

Fuel is an ERC-20 token that runs on the Ethereum network so you can store it securely in myetherwallet. The most reliable place to purchase the Fuel token is on the popular Binance exchange.

Etherparty has a current market cap valued at USD 17,433,956 and has a circulating supply of 479,249,753 FUEL tokens with a maximum lifetime supply being 1 billion tokens.

Crypto investors should note that half of the token supply is not in circulation so that could affect your investment in the future. However Etherparty has a low market cap, and if the project gains broad spread adoption, then the market cap will have lots of room to grow thus increasing the current token valuation considerably.

Etherparty (FUEL) Blockchain Review: The Team

The project is led by the strong team from Vanbex, a blockchain consultancy company that has been around since 2013. Vanbex’s clients include Dash, Factom, Storj, etc.

The team is quite large for a crypto project I was able to locate at least 23 team members from Vanbex.

Notable team members include:

Lisa Cheng, Founder & Head of R&D – Lisa’s Background is in business development and product strategies. She is the founder of the Vanbex Group.

Kevin Hobbs, CEO – Kevin is the CEO of Vanbex Group he has previously worked for Ensign Energy Services, FIRMA Foreign Exchange.

Important Partnerships: Vanbex is a member of the Enterprise Ethereum Alliance, JAXX(Digital Asset wallet), Blockchain@UBC (One of Canadas Top Research Institutes).

Prominent Advisors: Anthony Diiorio(CEO&Founder of Jaxx&Decentral, Ethereum Co-founder)

Industry Competitors: Blockcat, Agrello

Etherparty (FUEL) Crypto Review: Marketing Strategies

It seems like Etherparty is ready to ramp up it’s marketing efforts as I noticed several job postings searching for qualified social media marketers, community managers, content writers. Furthermore, they already have a significant presence on social media platforms such as Twitter, Facebook, and Reddit.

They have a blog where they post frequently and announce partnerships such as the recent Polymath partnership.They also have a Bitcointalk thread where investors communicate with one another about the prospects of the project.

It appears that Etherparty has been working hard on the project you can view their recent commits on Github. I consider this to be a good sign and necessary to investigate before investing in a crypto project.

Etherparty (FUEL) Token Review: Investment Analysis

Since Etherparty is a new project, they will need time to mature; They will soon be increasing their marketing efforts so that alone should bring in more investors and increase the token valuation.

I believe Etherparty might be an excellent long-term investment and is best suited for investors who are willing to wait until the platform completes essential milestones.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

 

Recent Reviews:

IOTA
IEx.ec
Raiden
SONM
Request

 

Quantstamp (QSP) Crypto Review: Smart Contracts

        Quantstamp (QSP) Crypto Review: Smart Contract Auditing

Quantstamp (QSP) is a protocol that aims to create a scalable and cost-efficient auditing system for all smart contracts that operate on the Ethereum network. At the moment smart contract auditing costs are high prices can range within thousands of dollars per audit and take several weeks to conclude.

Quantastamp aims to solve this problem by providing a fast and inexpensive smart contract auditing services prices will range from as low as 10usd dollars per audit and take minutes to complete.

In this review, I will be analyzing Quantstamp from a crypto investment perspective. For a more technical analysis, please do your due diligence and read the whitepaper.

Highlights in this review will include:

* Quantstamp– Introduction
*The Team– Who are they?
* Marketing– Brand awareness and marketing strategies
* Investment Analysis- Could QSP be a profitable investment?

So let’s get started!!

Quantstamp (QSP) Cryptocurrency Review: Introduction

Essentially Quantstamp is a protocol that offers an inexpensive and speedier alternative to smart auditing contracts then traditional options. Quantstamp is not the only crypto project aiming to reduce smart contract auditing expenses there are emerging alternatives such as Etherparty, Agrello, Block Cat and other competitors.

Regardless of its competitors, I feel this sector has room for many key players, and I welcome competition as it inspires innovation and leads to better customer services.

Quantstamps token (QSP) is an ERC-20 based token that can benefit its holders in many ways. The QSP token will also offer incentives to those who contribute to the software for verifying the solidity programs; users who run the Quantstamp validation node (a specialized node on the Ethereum network), and members who find bugs on the smart contracts. Holders of the QSP token will also have voting rights that lessen the chances of hard forks and lead to a more decentralized environment.

So basically participants such as ICOS or developers will need to purchase QSP to utilize the Quantstamp platform and protocol services.

Quantstamp has a current market cap valued at aprox$84,535,620 USD and has a circulating supply of 617,314,171 QSP tokens and a total fixed amount of 976,442,388 tokens.

Since QSP is an ERC-20 based token the best place to store the tokens is in myetherwallet. I  prefer purchasing the tokens on the Binance Exchange since the trading fees are low and the user interface is simple to use.

Quantstamp (QSP) Token Review: The Team

The team is pretty solid and is based in Silicon Valley I was able to find at least ten team members many of whom seem to have studied at the University of Waterloo ( Canada’s Silicon Valley), Vitalik Buterin(Ethereum founder) also attended the University of Waterloo.

PeculiarMonkeys is from Canada, so it’s nice to see all of the homegrown talent and exciting crypto developments emerging.

Richard Ma is the CEO of QuantStamp it should be noted that he retired before starting Quantstamp his former work experiences include algorithmic trader at Tower Research and, a derivatives trader at Archelon Group. He has handled millions of dollars as a successful trader and judging from his photos he appears quite young, so he’s done exceptionally well for himself.

Steven Stewart, CTO – Is an experienced, smart contract developer and has five-year work experience working for the Canadian Department of National Defense. He is also a co-founder of Many Trees, Inc.

Each of the Quantstamp team members holds numerous achievements I could write all day about them. Investors should take comfort in knowing that as an investor the team is composed of experienced developers, Ex-Google, Amazon, and IBM employees.

Equally Qualified are the Quantstamp advisors. Some include Evan Cheng, Director of Engineering at Facebook, David Park product manager at Facebook.

Notable partners include Y Combinator, Black folio, Request Network and many others.

Quantstamp (QSP) Crypto Review: Marketing Strategy

Quantstamp has a large social media following on sites such as Facebook and Twitter. They also appear to be creating YouTube videos on a frequent basis which is a great way to promote the Quantstamp brand and listen to the team members.

Reddit has a growing community where you can find up to date information on the Quantstamp project. Quantsamp also has a personal blog where the team frequently updates its users.

They have been busy on Github you can find that they have been hard at work developing the protocol.

Overall they are doing a great job at marketing and considering that they have recently completed their successful ICO the project is gaining lots of support within crypto communities.

Quantstamp (QSP) Protocol Review: Investment Analysis

Overall I feel that Quantstamp has a bright future the team is very experienced and accomplished. Furthermore, I believe it to be much further ahead of its competitor’s technology wise.

With cryptocurrencies becoming more mainstream and adopted I believe Quantstamp to be a key player in its sector. This investment will be most beneficial for long-term holders who can wait until the main net releases in August of next year (2018).

Accumulation of QSP tokens could be a good strategy to follow while the prices are low.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

Recent Reviews:

Request Network
WeTrust
Raiden Network
IEx.ec
IOTA