EDC Blockchain. Rewiew #1. General Information.

in #bitcoin6 years ago (edited)

Hey, hey people.
Here is the second review for today and this is about a very interesting project. This is EDC Blockchain with EDC coin (https://blockchain.mn/).

Need to say that EDC blockchain is a working project with a rather big community and coin that had been already listed at many exchanges. But lets speak about the coin later. (I will post another article about it)
As you may already guess this is a blockchain platform that provides blockchain solutions for business.
What is unusual for me and grabbed all my attention that is the mining system, it has LPoS algorithm which does not need any of your computer`s power. Probably I will describe the EDC mining process in another article, here is the general information about the project.

I used the website for an hour and could say, that it is rather interesting and friendly. Another thing I like is asset constructor, where you are able to create your own digital asset. For this moment it has three plans:

  • Basic (costs 1000 EDC). You are able to create a token symbol and description.
  • Plus (costs 10,000 EDC). In this plan, you are able to set the max supply and premine plus all functions from Basic plan.
  • Premium (costs 500,000 EDC). Here there are all advanced functions like a daily bonus, mining, fee amount, fee-paying in new asset, coin maturing and many others.
    Need to say, that for this moment 500,000 EDC is equal to 2350 USD, so the pricing is rather fair, considering the fact, that hiring ETH or other platform developer is more expensive and, in case, the developer is a freelancer it could be unreliable. So the advantages of EDC asset constructor are rather obvious. Reasonable price, easy to use.
    You can try it by yourself here: https://wallet.blockchain.mn/asset_constructor

As I announced the project as a working one, lets audit their socials and take a look at their audience.
EDC Blockchain is presented at many socials like Facebook, Twitter, Telegram, Instagram, Youtube, Weibo, Linkedin.
As I do not use Weibo and Linkedin I`ll look over all other socials.

Facebook. The project has 6,206 followers and they post pretty regularly, each post has approx 1200 reactions and 30 comments, in fact, I do not see any bounty considering that type of activity, it seems good. The disadvantage is that half of all comments have spam links in them, think that team just don`t get in time to delete them.

Twitter. It has incredible 220,000 followers but also the account is following 218,000 members. The average post gets 1,000 likes and 200 retweets.

Instagram. Rather unusual for a blockchain project to have and lead the Instagram account but EDC has a very nice one. Again, there are shocking 291,000 followers but unlike twitter only 7 subscriptions. A publication has 2,000 likes and 1,000 comments.

Youtube. Unfortunately, there is no any activity there.

In general, all socials look friendly and nice, good branding, with logo and blue colors. Graphic designers for sure know their work.

Summarize everything that I said, EDC Blockchain is a good project with some very interesting features, as:

  • Easy and convenient mining
  • User-friendly token constructor
  • Own a fast and secure wallet
    Definitely, it has a big future, I already mentioned that it has a lot of advantages comparing other projects with the same functions.

This is only the first article about EDC, in my next ones I will describe the token economy, mining process and will answer the question, why you should invest in EDC coin.
Stay tuned.

Important links:
Whitepapper: https://blockchain.mn/wp-content/themes/blockchain/EDC_Blockchain-presentation_(EN).pdf
Website: https://blockchain.mn/
Coin: EDC

ATT: https://www.altcoinstalks.com/index.php?action=profile;u=55380
Referal link: https://www.altcoinstalks.com/index.php?action=refferals;refferedby=55380

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do they have any icos at the platform?

No information yet. Need to know that it is a new project

it was above 1btc, now 55 sat amazingly

it was during bullrun, everything was pretty high. I think they would gain the price