ICO Analysis: MetaHash
Published on July 25, 2018
By Daniel WonTeamThe team behind MetaHash is the same one behind AdSniper, an advertising company that according to MetaHash, built advertising networks capable of receiving and sending more than 100,000 requests per second, among other accomplishments.
However, we weren’t able to independently verify these claims, and information on AdSniper is sparse (though this may be due to the fact that the company is Russian and we don’t have reliable English-based information about the company).
AdvisorsMetaHash counts the following individuals amongst its advisors:
Brock Pierce – Pierce is a known name in the blockchain industry as the co-founder of Blockchain Capital (BCC), which is the company behind EOS (marketed via a different entity called Block.one), former Director of the Bitcoin Foundation, and one of the wealthiest individuals in cryptocurrency, with a net worth estimated between $700 million to $1 billion. However, Pierce’s Linkedin profile has no mention of MetaHash, which makes his involvement questionable.
VerdictBelow is a breakdown of the risks and growth potential of MetaHash.
Risks They claim that their mainnet can handle more than 60,000 transactions per second, but this claim doesn’t seem to be verifiable other than via their press material (-1)
Can’t find reliable background information on team or advisor involvement, e.g. Brock Pierce’s alleged involvement as an advisor for the project (-1)
Growth Potential They seem to have a very strong marketing and PR effort, with many users in their Telegram, a decent amount of Twitter followers, a decently long Bitcointalk thread, articles in many cryptocurrency publications, and high ratings from some ICO reviewers (+4)
DispositionAlthough MetaHash scores decently in the hype department, lack of verifiable information about transaction throughput, team, and advisors make this one a pass. MetaHash receives a
2/10
Proof: https://hacked.com/ico-analysis-metahash/