can’t help buy weight on this. Full disclosure, I am an advisor to Emanate.
We have been watching a Choon closely, and there are several reasons why it won’t likely succeed in the long run:
- Ethereum has no scaling solution in store until at least 2021, Choon can’t wait that long to scale up to millions of users
- Choon failed to build any demand from the crypto community. That’s why their users are currently unhappy with the market value
- Choon is centralised, they are selling equity to the platform so it’s essentially just a crypto Spotify
The Emanate team have taken care of all of the above and have simultaneously built technology, community and funding altogether. I don’t see them as a white paper ICO. Their demo is in private review right now it makes great use of the EOS speed for real-time payments.
Emanate’s token model (Two Token Economy) is pretty damn good, that’s why others in the space are starting to copy it!