At the time of this writing, the Elrond team consists of 17 ambitious and courageous people. This includes founders, advisers, software developers, SMM specialists. The team has a set of almost any necessary skills, from technical to marketing. Now that the start of the token trade is just around the corner, Elrond is focusing on marketing.
Stages
We know that the company was founded in Switzerland, Zug. This happened in 2018. However, the first work on the idea began back in mid-2017. All participants and consultants of the company are quite easy to check on the network, but the architecture of the company is difficult.
Founders
Founder of the NEM business group in 2014, head of business, marketing and community. Rich experience in the field of cryptocurrencies, one of the first to invest in Bitcoin. This, of course, is about the gene. Director of Elrond, Beniamin Minku. After he left NEM, he attempted to help projects Ziliqa, Matrix and others. Metachain Capital is also in his area of responsibility.
Advisory Board
- Alex Iskold is a big business man and investor. He has invested in more than 80 projects. At his young age, he had already founded a number of highly profitable companies.
- Patrick Storchenegger — Vast experience in the area of international tax law, corporate, commercial. And the capital market. A lawyer from Switzerland, a member of the Etherium Foundation.
- Andrei Pitis — Vice President of Engineering and Head of the Bucharest Office at Fitbit. Gene. Director of Vector Watch.
- Alex Tabarrok — is a co-founder of the University of the Marginal Revolution. Alex is the author of many scientific works in the field of law and regulatory policy, the theory of voting, economics, criminology.
- Fabio Canesin — Fabio is a co-founder of NEX, whose platform the goal is to create decentralized crypto trading.
- Ethan Fast — creator of the famous NEO wallet — Neon Wallet. He is a businessman and an enthusiast with extensive experience in the field of computer-human interaction, AI and blockchain.
- Raul Jordan is one of the main developers of the Ethereum platform. He is co-founder of Prysmatic Labs.
Product
In the development of their project, the Elrond team has made great progress. By rewriting the integration of the network with the language of GO code from beginning to end, they were able to catch 3750+ PTS only in a single segment. Since the days of the prototype, this in itself has been a significant improvement. Investors can not be afraid and be sure of what they are investing in, because Elrond is faithful to the roadmap and ensures steady progress even before raising money. Testnet is already up and running without problems. Functional UX will be available soon.
Competitiveness
Competitors Elrond Network are Zilliqa, EOS, Quarkchain and PChain. They deliver ideas that relate to scalability and provide acceptable TPS skipping capabilities while maintaining a secure level accordingly. No one is surprised today. These competitors, among other things, prefer already proven ways of interaction and do not expose themselves to unnecessary risk. For example, PChain and Polkadot. Providing society and the world as a whole with a quality product that can take competition and introduce the network into blockchain projects, Elrond has great chances to beat the competition and come first.
Potential Market Size
At Elrond Network plans to occupy the last place at the table “big league” of developers, big ambitions do not always lead to a better result, but in this case it inspires. Its sector has between networking, segmentation, and great skipping ability, all we need is nothing more, nothing less. The need for high bandwidth and low cost data storage is growing permanently, and it will not fall, on the contrary. Providing an easy, simple and open chain project, it will gain wide popularity and will be on everyone’s lips. And precisely for this reason, this team has high chances to enter high positions and enter itself in the annals of crypto history.
Innovation and Intellectual Property
Open source cod is the paradigm that the developer adheres to, that same key principle. This code provides nimble levels of adoption, keeps the principle of decentralization. The code is freely available on Github. Anyone can view it at any time from anywhere in the world where there is Internet access.
More information on the project Elrond Network please visit their website listed below:
WEBSITE: https://elrond.com/
WHITEPAPER: https://www.elrond.network/files/Elrond_Whitepaper_EN.pdf
ANN: https://t.me/ElrondNetworkAnn
TELEGRAM: https://t.me/ElrondNetwork
TWITTER: https://twitter.com/ElrondNetwork
FACEBOOK: https://facebook.com/ElrondNetwork
MEDIUM: https://medium.com/elrondnetwork
WHITEPAPER: https://www.elrond.network/files/Elrond_Whitepaper_EN.pdf
ANN: https://t.me/ElrondNetworkAnn
TELEGRAM: https://t.me/ElrondNetwork
TWITTER: https://twitter.com/ElrondNetwork
FACEBOOK: https://facebook.com/ElrondNetwork
MEDIUM: https://medium.com/elrondnetwork
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