gochain ico review
Company: GoChain
Industry: Blockchain Platform
Website: https://gochain.io/
Whitepaper https://gochain.io/gochain-whitepaper-v1.pdf
Headquarters: Saint Kitts & Nevis
Token: GOC
Platform: Ethereum
ICO Timeframe: 02/08/18 – 04/15/18 (PreSale & ICO)
Token Supply: 1,000,000,000 GOC (50% Crowdsale)
 Score:  70/100

 

GoChain intends to be a scalable, high performance, low cost, and decentralized cryptocurrency and blockchain that supports smart contracts and distributed applications.  Its goal is to become a widely adopted public cryptocurrency, while also offering decentralized applications and rock solid smart contracts.  GoChain will be fully compatible with existing Ethereum wallets, smart contracts and other tools and ultimately intends to enable projects to migrate from Ethereum to its own blockchain by the end of 2018.

 

PROS:  Claims to be 100x faster than Ethereum (addresses blockchain and smart contract transaction speed which has plagued the space at times depending on volume), well-rounded management team that has all key positions filled, impressive team of advisors with relevant industry and blockchain project experience, will require less energy consumption than both Bitcoin and Ethereum, nodes will also be more decentralized as is required by their protocol.

 

CONS:  Project has only recently completed proof of concept and is at least a year out from beta testing (long lead time with significant risk for implementation), technical whitepaper provided but is relatively sparse.

 

SCORE:  70/100