www.fleta.ioBackground:FLETA is a blockchain for a sustainable DApp ecosystem ensuring flexibility and scalability. An interoperable blockchain utilising both parallel sharding and an independent multi-chain structure for maximum scalability and affordability to both users and developers.
Why I believe this is a great opportunity. The marketcap is 7m USD at present. Despite the low marketcap the team have managed to present themselves onto quite a few liquid exchanges including Coinone, Bithumb, Bithumb Global and Bittrex. They are a relatively new coin to the market (since February) and had an early surge followed by a decent pullback. I like this because there are not too many bagholders (from 2017) looking for the first opportunity to sell. The coin seems to be in the accumulation phase at present.
The partnerships:FLETA was selected as a project conductor of blockchain PoC
backed by the South Korea's Ministry of Science and ICT and National IT Industry Promotion Agency.
https://www.prnewswire.com/news-releases/fleta-was-selected-as-a-project-conductor-of-blockchain-poc-backed-by-the-south-koreas-ministry-of-science-and-ict-and-national-it-industry-promotion-agency-300869468.htmlBlockchain project FLETA recently announced an
agreement with the software giant Oracle.https://cryptoslate.com/blockchain-project-fleta-partners-with-oracle-to-build-high-performance-cloud-server/Blockchain Platform FLETA, Signed a Contract to Develop Proprietary Blockchain Technology with
Heart Number, the AI Trading Platform
https://www.prnewswire.co.uk/news-releases/blockchain-platform-fleta-signed-a-contract-to-develop-proprietary-blockchain-technology-with-heart-number-the-ai-trading-platform-871413836.htmlx
ORIGIN:
https://twitter.com/fletachain/status/1295877025014509568x
LINKA:
https://twitter.com/fletachain/status/1290227717867098112x
ISTARDUST:
https://twitter.com/fletachain/status/1291200080406409222x
STREAM PROTOCOL:
https://twitter.com/fletachain/status/1286194317330063361x
UPBIT SAFE:
https://twitter.com/fletachain/status/1285174257446600704x
NFUP:
https://twitter.com/NamecoinNews/status/1280831209245782018x
CHAINLINK:
https://twitter.com/fletachain/status/1276442623436222466x
DID Alliance:
https://twitter.com/fletachain/status/1276389159280578560x
NEO, x
WanChain, x
Matic Network, x
TomoChain, x
WINK:
https://twitter.com/fletachain/status/1269949694819610624They also had a recent partnership with Kardiachain and Crust Network.
As you can see they have many partnerships, some at government level, software giant Oracle and some with other valuable blockchains in the space (Chainlink, Neo, Wan, Tomo, etc). They are not trying to compete but work together to bring blockchain technology to the masses, which I personally admire.
They also have a pretty big team with some solid advisers and partners.
The team are very friendly and make an active effort to come to the telegram and answer questions.
If the team continue their hardwork, keep amassing partnerships, I believe that this will be a huge gainer in the upcoming bull market.
ICON has a near 300m USD market cap. I cannot see why FLETACHAIN could not one day achieve this market cap in a serious bull market. This would give it a 40x + from current valuations.
The limitations:
Marketing - there seems to be pin drop silence with regards to the project despite many eye-catching partnerships. It presents investors with an opportunity at the present, but I would hope that they could fix this so many people in the space find out about the project.
Another limitation is that the most liquidity is on the South Korean exchanges. I used Bithumb Global to buy a position. Bittrex has next to no liquidity. Even though a Binance listing may be a bit difficult, I hope they could get listed on a few of OKEx, Huobi, Bitfinex or even Kucoin.
You can also notice they have a partnership with Upbit so it may not be unreasonable if their could be a future listing there.