Can I just say how glad I am to see an ICo which is not just another ETH token?
My personal thoughts:
Pros:
- Working prototype
- Proven consensus system (Lisks codebase)
- Relatively small hardcap (12 000 ETH or roughly 8 000 000 $)
- Most of the tokens will be distributed
- Sniffing around indicates, that this is a legit project (E.g. interview on the Lisk blog, yet no official endorsement)
Cons:
- I'm not sure whether an independent blockchain is really needed for this project
- It's still a token solution, meaning, you'll have to jump through hoops to get the tokens to pay, as opposed to payment via established currencies
General thoughts:
There is a number of projects working in that direction, which on the one hand is competition, on the other hand indicates a general interest in the idea. From what I'm seeing, Adamant is pretty far ahead, compared to others (Hush, ODN, et. al.).
With SHIFT, Ark, RISE and Blockpool, Lisks codebase has been utilized quite a bit. Projects like EOS will be using a variant of DPoS as well, so there might be more interest in projects going that route.
All in all, I feel the positives outweight the negative aspects, so I'll put a little bit in there.
Ref link:
https://adamant.im/ico/?referal=U10700721906004344123
