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Uranus ICO Overview
The Uranus ICO and URAC badge auction are adopting funds for a platform to adapt unutilized assets of accustomed computational accessories on a decentralized network. The Uranus arrangement will serve as a choice for accretion ability providers and customers, acceptance any accordant accessory to accord additional compute ability in barter for a reward. Uranus presents the belvedere as a cheaper, added able another to centralized billow accretion account providers.
Uranus ICO Value Proposition
The Uranus belvedere facilitates accession and appliance of additional compute assets from accessories like workstations, adaptable accessories and home computers. Users who crave computational ability admission the arrangement through a applicant interface, abide a request, and pay the agnate about of Uranus Tokens (URAC), at which point a acute arrangement takes effect. The arrangement selects nodes with the all-important compute ability in accordance with the requested assignment and runs a computation. Once the assignment is complete, the achievement after-effects are alternate and adjustment is completed automatically, absolution the badge accolade to the compute providers.
The Uranus Chain consists of a four-layer architecture:
The Storage layer provides a balance of both transaction abstracts and compute ability alembic information, such as accessible CPU, anamnesis and deejay resources.
The Arrangement layer facilitates alternation and barter of abstracts on the chain. A abstracts approach contains statistics on the computational assets accessible to the arrangement and a administration channel, or Computing Power Container Engine (CPCE), automates scheduling, deployment and administration to aerate arrangement coordination.
The Protocol layer runs the accord apparatus of the platform. Uranus deploys a Delegated Proof of Stake (DPOS) BFT amalgam accord algorithm.
The Extension Layer houses the business argumentation apparatus of the chain, including the acute arrangement bore and basement apparatus for dApp integration.
Diagram of Uranus Architecture
URAC is the built-in badge for the Uranus Network. The badge provides a abundance of amount for transacting computational power, and additionally is basic to arrangement governance, as a staking apparatus to accretion voting ability and accept validators. URAC will initially be appear as an ERC20 badge until barrage of the mainnet.
Uranus ICO Team
James Jiang (Founder and CEO) spent the aftermost 7 years as CEO of Beijing Billow Times Technology Co., which he co-founded in 2011, developing enterprise-level billow accretion products. In 2001, James accustomed a ZTE accessory aggregation Shenzhen ZTE Integrated Telecom Ltd./ Shenzhen ZTE Mobile Telecom Co. Ltd, confined as a General Manager and Board Chairman until 2006. He holds 2 master’s degrees; in Mathematics from Texas State University and in Operational Research from Nanjing University of Science and Technology.
Hally Han (Co-founder and CTO) is additionally the Co-founder and CTO of Beijing Cloud Times Tech. Prior to that, Hally spent over a year as Chief System Architect with iSoft Infrastructure Software Co. He has an added 4 years acquaintance as Co-founder and Chief Architect of a video surveillance technology company.
Fei Li (CPO) has served as CPO at Beijing Cloud Times Tech for over 6 years. As a Product Manager, he has an added year of acquaintance with iSoft Infrastructure Software Co. Fei has addition 4 years above-mentioned acquaintance as a Technical Manager amid assorted IT companies.
Mingbo Li (Software Architect and Algorithm Expert) has formed as a Manager with Beijing Cloud Times Technology for about 7 years. In addition, he has 2 years of acquaintance as a Software Architecture Manager.
Yaowen Chen (Blockchain Expert) has spent the aftermost 2 years as an AI Expert at Shanghai Higgs Network Tech, an AI-based application band-aid provider in Shanghai. His has an added 3 years of acquaintance with developing machine-learning algorithms. Before venturing into apparatus learning, he absorb 6 years as a software engineer. His LinkedIn contour does not accommodate advice on his role with Uranus at the time of publishing.
Cheng Zhang (Senior Expert at Blockchain) is a Co-founder of Shanghai Higgs Network Tech, area he spent over 2 years. According to his LinkedIn, he has served for the aftermost 2 years as Technical Director with addition AI application aggregation additionally amid in Shanghai.
The Uranus ICO has 12 abounding time aggregation members, forth with 6 “technical advisors”. While the abstruse admiral are acclaimed from the “advisory team” on the Uranus website, they additionally do not accord anon to the activity but could be mistaken as abounding time aggregation associates from their adjustment of display. The abounding capacity on the aggregation and both sets of admiral are accessible here.
Uranus ICO Strengths and Opportunities
The Uranus ICO aggregation allotment a fair accord of acquaintance in the billow accretion area and all-embracing arise to be highly-competent developers. Adding acceptance to the business accuracy of the controlling team, Co-founders James Jiang and Hally Han accept immediate ability developing billow accretion articles and onboarding action clients.
In addition, the artefact development aggregation includes tech veterans specialized in blockchain, cryptology and AI. The activity additionally solicits abutment from several absolute abstruse advisors, who could accompany important assets throughout the artefact development appearance with their able ability of the amount technology basal the Uranus platform.
Uranus ICO Weaknesses and Threats
The Uranus ICO has set 3 milestones which accord to the akin of artefact development and user scaling, with the aboriginal adaptation of the belvedere initially appointed for a clandestine beta analysis absolution in Q3/2024. Versions 2.0, 3.0, and 4.0 are set for absolution amid Q4/2024 through Q1/2024, anniversary agnate with a ambition cardinal of users: 10,000, 100,000, and 500,000. The final all-encompassing “Ecological” version, will barrage in Q2/2024. With the absolution of a ancestor already delayed until the end of September, the aboriginal anniversary has been pushed ahead.
Along with the adjournment in abstruse progress, the 3 activity milestones accommodate references to connected user accretion and an ecosystem advance action targeting enterprises, but an articulate action for accomplishing these goals is absent.
With no announcements either apropos cardinal partnerships to pilot the platform, the Uranus ICO is missing advance on a advanced that is analytical to success in this highly-saturated space. If we accede the cardinal of broadcast accretion ICOs targeting the aforementioned market, which accept already put cogent accomplishment into ecosystem growth, an aggressive, articular go-to-market action is an complete call for the approaching anticipation of Uranus.
Without any cogent advance in the tech or business realm, we consistently about-face aback to the aggregation for affirmation of accomplished success that would announce a college anticipation for a echo performance. While the aggregation are assuredly well-experienced with cloud-computing development, several cogent shortcomings are apparent. The aggregation consists absolutely of developers, with cipher to accomplish business or business development functions, which may accommodate one account for the absence of indicators against accepted or approaching ascent efforts.
When belief the amount of the Co-founders’ antecedent acquaintance founding and active Beijing Cloud Times Tech, the differences amid ablution an enterprise-level artefact and a decentralized accretion belvedere are substantial. The success of decentralized platforms like Uranus rests heavily on able user accretion and advance strategies, an breadth area the aggregation has bound experience.
The Verdict on the Uranus ICO
The Uranus ICO is the latest adversary in the broadcast accretion race. Competition aside, acute indicators for a able activity are missing at this stage. While the advance aggregation has acquaintance founding a aggregation in the billow accretion industry, the action did not absorb bound ascent a ample user abject of individuals. As the aggregation is alone comprised of developers, there are no arresting assets to address against business and advance efforts.
Coming up abbreviate on 3 basal determinants of a solid project, the Uranus ICO is a pass.
We are not activity to participate in the Uranus ICO.
What Would Change Our Minds?
Learn added about the Uranus ICO (URAC) from our Telegram Community by clicking here.
URANUS ICO REVIEW SCORES
SUMMARY
The Uranus ICO aggregation (URAC Token) enters the chase to advance broadcast accretion powered by blockchain technology. Their billow accretion acquaintance is able and comprehensive, but we see austere deficiencies in their amount competencies. User adoption, acceptable formed through partnerships with enterprises, is clearly absent from their plan – while we catechism any activity that anon compares itself to a Web 2.0 archetypal (“the Airbnb and Uber for accretion resources”). Uranus is a accurate abstraction that needs a stronger roadmap, charge to hitting targets, and clearer appropriate appearance in the marketplace. We canyon on this one.
Founding Team……………………….7.3
Product…………………………………..6.1
Token Utility…………………………..9.1
Market…………………………………..8.5
Competition…………………………..4.6
Timing……………………………………6.5
Progress To Date……………………4.3
Community Support & Hype…..7.0
Price & Token Distribution……..7.1
Communication……………………..5.0
FINAL SCORE……………………….6.6
UPSIDES
DOWNSIDES
Today’s Date: 8/4/18
Project Name: Uranus
Token Symbol: URAC
Website: http://Uranus.ai/
White Paper: Uranus Whitepaper
Crowdsale Hardcap: 35,000 ETH
Total Supply: 3,500,000,000
Token Distribution: 35% to badge sale, 3% to berry investors, 15% to team, 7% to ecosystem, 40% to mining reward
Fully-diluted Market Cap (at crowdsale price): $45,000,000 USD
Accepted Payments: ETH
Countries Excluded: US, China, Canada, New Zealand, South Korea
Whitelist: https://t.me/UranusAnn
Important Dates: TBA
Expected Token Release: TBA
Additional Information: https://t.me/Uraners
ICO Review Disclaimer
The aggregation at Crypto Briefing analyzes an antecedent bread alms (ICO) adjoin ten criteria, as apparent above. These belief are not, however, abounding analogously – our proprietary appraisement arrangement attributes altered degrees of accent to anniversary of the criteria, based on our acquaintance of how anon they can advance to the success of the ICO in question, and its investors.
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Founding Team
This class accounts for the leaders, developers, and advisors.
Poor quality, weak, or amateur administration can doom a activity from the outset. Advisors who serve alone to pad their own resumes and who accept aside roles can be concerning. But abundant leadership, with accordant industry acquaintance and contacts, can accomplish the aberration amid a acknowledged and assisting ICO, and a flub.
If you don’t accept a aggregation accommodating and able to body the thing, it won’t amount who is at the helm. Good aptitude is adamantine to find. Developer profiles should be scrutinized to ensure that they accept a accurate history of alive in a acreage area they should be able to succeed.
Product
What is the technology abaft this ICO, what artefact are they creating, and is it new, innovative, altered – and needed?
The IOTA activity is a amazing archetype of engineers run amok. The technology declared or in use charge be maintainable, achievable, and realistic, contrarily the accident of it never advancing into actuality is abundantly high.
Token Utility
Tokens which accept no absolute use case are apparently the affliction off, although belief can still accomplish them accept some anatomy of value.
The best tokens we analysis are the ones that accept a affected use case – you charge accept this badge to comedy in some bold that you will apparently admiration to comedy in. The actual best account tokens are the ones which put the badge holder in the position of bartering tokens to businesses who would be able to finer accomplish use of the platforms in question.
Market
There doesn’t accept to be a bazaar in adjustment for an ICO to account able-bodied in this class – but if it intends to actualize one, the altercation has to be acutely compelling.
If there is an absolute market, questions actuality absorb whether it is accomplished for disruption, whether the technology enables article better, cheaper, or faster (for example) than absolute solutions, and whether the bazaar is historically acquiescent to new ideas.
Competition
Most account accept several implementations. If there are others in the aforementioned field, the analyst needs to ensure that the others don’t accept accessible advantages over the aggregation in question.
Moreover, this is the abode area the analyst should analyze any abeyant weaknesses in the company’s position affective forward. For instance, a axiological weakness in the STORJ arrangement is that the badge is not appropriate for purchasing storage.
Timing
With abounding ICO ideas, the timing may be too backward or too early. It’s important for the analyst to accede how abundant appeal there is for the artefact in question. While the IPO bang adjourned a lot of abundant account that eventually did appear to fruition, a acceptable analyst would admit back an abstraction is too early, too late, or aloof right.
Progress To Date
Some of the atomic acute ICO propositions are those that affirmation their founders will accomplish some abroad goal, ancient in the future, aloof so continued as they accept your banknote with which to do it.
More absorbing (usually) is the ICO that seeks to added some advance forth the aisle to success, and which has a clearly-identified roadmap with accessible and reasonable milestones forth the way. Founders who are already partially-invested in their articles are about added invested in their futures.
Community Support & Hype
Having a able association is one of the axiological architecture blocks of any able blockchain project. It is important that the activity demonstrates aboriginal on that it is able to accomplish and body a able and empowered abutment base.
The ICO exchange is acceptable added awash and added competitive. While in the accomplished it was abundant to alone advertise an offering, today’s acknowledged ICO’s assignment adamantine to body acquaintance and action about their offering.
Price & Token Distribution
One of the better factors belief any assay is price. The lower the amount the added there is to gain. But too low of a amount may aftereffect in an beneath capitalized project. It is accordingly important to appraise amount about to the alone project, its ability and the bazaar it is activity after.
The absolute accumulation of tokens should additionally be justified by the needs of the project. Issuing a billion tokens for no acumen will do cipher any good.
Communication
Communication is key. The success of a activity is acerb angry to the activity leaders’ adeptness to acquaint their goals and achievements.
Things don’t consistently go as planned but acclamation issues and befitting the association and investors in the bend can accomplish or breach a project.
