ICObazaar experts have given Ultrain rating with 4.1 score.
Our ICO rating evaluates the overall quality and viability of the product, team, and technical implementation behind. It is calculated with a weight-adjusted formula with five factors and a separate industry expert score. Each factor evaluates an aspect of the project and its weight is related to its importance, which was determined by blockchain and finance professionals. Our rating methodology.
Each factor evaluation:
Ultrain focuses on building a high performance decentralized blockchain platform. The project is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial dApps. Ultrain’s team aims to provide a product to solve the performance and scalability problems that are common for other public blockchain platforms. It also claims to have high transaction speeds of up to 20,000 tps on the mainchain and up to 5,000 tps on sidechains.
Although the idea is good, we shouldn’t forget that the competition in this field is very high. However there won’t be a token sale, since 50% token will be distributed via mining, and only 10% were sold during the private sale for US$20M. The project has potential to win a market share, since the team is very strong.