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Topic: [ANN] [Pre-ICO] EdenChain pre-sale postponed due to overwhelming demand (Read 600 times)

copper member
Activity: 123
Merit: 0
Potentially 65 Million TPS. A potential gamechanger in the blockchain space. They will resolve a lot of problems. All their roadmap is plausible.
hero member
Activity: 1330
Merit: 502
Vave.com - Crypto Casino
I have participated in the token sale and I'm very disappointed with the team's decisions. First of all, they did unlock tokens during bad sentiments, secondly, they list on the low volume or fake volume exchanges. Fine, ok, let's wait for masternode announcement it can turn the things around - was thinking investors? And then they released WHOPPING millions of coins for masternode collateral and the price just tanked hardly after that. Now it is sitting on 7mln mcap and only 300k volume. I remember it was one of the most hyped ICOs back in a days. Now no one is interested in it. Sad but true.
sr. member
Activity: 588
Merit: 262
Updated Vision and Strategy Oct’2018

Refreshed, reloaded and a new product line.

https://medium.com/edenchain-io/updated-vision-and-strategy-oct2018-f242688805f7
copper member
Activity: 98
Merit: 0
Edenchain, a Korean platform project built for the enterprises of tomorrow. Hype factor very high. High performance and scaleable blockchain, good product.
sr. member
Activity: 588
Merit: 262
EDENCHAIN DRAMA:

What's the Community claim?
1. Edenchain lied about initial circulating supply i.e it was supposed to be 80M tokens but currently circulating supply is at 126M.
2. Edenchain raised more money than the actual claimed 24M HARD CAP.

What's the confusion?
1. How did circulating supply increase and why wasn't it disclosed during the token sale?
2. Did Strategic partners allocation had no lock?

What's the answer?
1. Edenchain had 40% tokens for sale at a price of $0.06 concluding total cap at $24M.
2. Edenchain had also reserved 15% tokens for strategic partners that means they could raise another $9M over $24M.
3. Strategic partners allocation had the same lock-up as the public sale.

So the extra circulating supply is including the strategic partner's reserve which they sold pre-post token sale.

Who's at fault here?
1. Edenchain - They should have promoted the strategic partner reserve from the beginning and should have been firm on possible extra HARD CAP raise.
2. Community - Investors should have read whitepaper and token metrics properly as Strategic partners 15% allocation was mentioned clearly in metrics and they should have anticipated this.

Edenchain & community, both had equal part in giving birth to this confusion.

Edenchain should have been public with their strategic partner's allocation sale progress same as the public token sale.
Community investors should at least read whitepaper and documents than just expecting 100-1000x.
This way, the community wouldn't have raised questions at this stage if strategic sale progress was transparent and public.
sr. member
Activity: 588
Merit: 262
EdenChain testnet is live! Showcase app and Github coming up next.

https://medium.com/@eugin.eden/we-are-online-testnet-is-live-6e46b0911f77
newbie
Activity: 56
Merit: 0
sr. member
Activity: 588
Merit: 262
Edenchain tokens have been unlocked and are now unofficially trading at x1.75 in ETH form the ICO price.
sr. member
Activity: 588
Merit: 262
Edenchain will launch its testnet on September 21. The testnet has been completed one quarter ahead of schedule.

https://medium.com/edenchain-io/edenchain-testnet-launch-on-21-september-2018-817d5c9781db
sr. member
Activity: 588
Merit: 262
Edenchain token distribution: September 15.

The exact process is as follows:

15 September 2018–100% of EDN tokens will be distributed to the relevant wallets but remain locked.

16 Sep 2018 - 20%
16 Oct 2018 - 20%
16 Nov 2018 - 20%
16 Dec 2018 - 20%
16 Jan 2019 - 20%



https://medium.com/edenchain-io/we-are-unlocking-edenchain-token-release-schedule-revealed-cd71dbb1a19f

It is a pity that in such a market. I hope to keep at least the price in USD.
sr. member
Activity: 686
Merit: 261
Edenchain token distribution: September 15.

The exact process is as follows:

15 September 2018–100% of EDN tokens will be distributed to the relevant wallets but remain locked.

16 Sep 2018 - 20%
16 Oct 2018 - 20%
16 Nov 2018 - 20%
16 Dec 2018 - 20%
16 Jan 2019 - 20%
sr. member
Activity: 868
Merit: 250
On 20 June 2018, Edenchain held a meet up in Zurich.

During the meet up, Kangho spoke about use-cases that were being built on Edenchain together with our partners. Click on the article below to find out more!

https://edenchain.io/edenchain-meetup-in-zurich-20-june-2018/
sr. member
Activity: 784
Merit: 272
Edenchain Crowdsale has started. Send exactly 1 ETH (otherwise there will be a refund). This is a guaranteed allocation for round 1 - will run for 12 hours.
full member
Activity: 336
Merit: 100
I hope that with the introduction of EdenChain, blockchain technology will become much faster. In any case, there is a prospect of investment!A good project that deserves attention.
jr. member
Activity: 126
Merit: 1
There's a lot of hype around EdenChain, check out this video to see why EdenChain is one of the top ICOs in May 2018!
full member
Activity: 532
Merit: 100
I received an email have link form edenchain.org saying that I was one of the winners. But when I check on https://edenchain.io/tokensale/ and I am NOT a lottery winner. I think edenchain.org is a scam
newbie
Activity: 112
Merit: 0
Hello team  Smiley


I am an editor from cryptoslate.com, a popular destination for cryptocurrency investors and researchers — featuring cryptocurrency news, coin rankings, initial coin offerings and blockchain events.

We just added EdenChain to our ICO database and is now available on our website.

Check it out here —> https://cryptoslate.com/coins/edenchain/

https://i.imgur.com/G1VOMiG.jpg

If you need any help in editing or adding more information about your ICO, feel free to contact me or send us a message via https://cryptoslate.com/contact/.
sr. member
Activity: 784
Merit: 272
E-Edge: Edenchain's second MVP is released!

It is a web interface for developers to manage APIs and namespaces. The use of RESTful APIs in Edenchain makes it easy for enterprise users to adopt Edenchain blockchain platform!

https://edenchainio.wordpress.com/2018/05/07/edenchains-second-mvp-e-edge/
full member
Activity: 532
Merit: 100
I understand round b is closed for new application. but those who received the email confirmation before May 3, they can join round B, right? That's why I asked whether Round B is still available on May 7?
full member
Activity: 504
Merit: 105
On April 24, EdenChain held a business meeting in Vietnam. It was a ‘Technical Meetup,’ encouraging IT developers as a main participant.
I went to this event and I am very impressed with their development team and have a lot of issues related to the project. I think we should consider investing in this project because the potential of this project is huge and we can count on a future ahead because their team is one of the most influential people with Blockchain technology and we should wait for this project to officially begin
sr. member
Activity: 448
Merit: 250
CHIEF GROWTH OFFICER OF GLOBAL ENTERPRENEUR
On April 24, EdenChain held a business meeting in Vietnam. It was a ‘Technical Meetup,’ encouraging IT developers as a main participant.
sr. member
Activity: 448
Merit: 250
CHIEF GROWTH OFFICER OF GLOBAL ENTERPRENEUR
EdenChain MVP Release
 
As many of you are anticipating, EdenChain will release the MVP in April. We're pleased to announce that there will be two MVPs to be demonstrated in April!
 
MVP Part 1 : E-Explorer

What is E-Explorer?
E-Explorer is a web-based block browser that allows you to browse EdenChain’s block information.With E-Explorer, anyone can easily retrieve and view information about EdenChain blocks and transactions.

The most important features of E-Explorer development are summarized into two points.
1) ease of use, and 2) connectivity of related data (...)

MVP Part 2 : E-Edge

What is E-Edge?
Edge is a web service that allows developers who want to develop block-chain services using the EdenChain Platform to register their applications and test APIs.

EdenChain provides API calls for the various functions needed to develop block-chain services with the Enterprise Blockchain Platform, so developers need something that can handle a series of tasks related to API usage (...)
newbie
Activity: 26
Merit: 0
An official announcement thread is not created yet.

This will be created in due time (when our official bitcointalk account reaches sufficiently high level).

In the meantime, you can visit our website and join our telegram channel to find out more information on edenchain.

Telegram link: https://t.me/edenchainio
newbie
Activity: 31
Merit: 0
"pre-sale postponed" means that it was already planned and announced.
Is there an official ANN thread of the project here? I'd want more info of the project.
newbie
Activity: 143
Merit: 0
What exactly does the platform offer? People should get better understanding what it is valuable for.
sr. member
Activity: 448
Merit: 250
CHIEF GROWTH OFFICER OF GLOBAL ENTERPRENEUR
Edenchain whitelist will be reopening on 22 Apr, 7am UTC. 3,000 additional slots for grabs!

https://wordpress.com/post/edenchainio.wordpress.com/545
sr. member
Activity: 784
Merit: 272
Read more about why Edenchain is a the next generation blockchain platform designed for global enterprises!

https://medium.com/edenchainio/edenchain-a-blockchain-platform-designed-for-global-enterprises-b9646f9185a
hero member
Activity: 854
Merit: 500
einc.io
hero member
Activity: 714
Merit: 500
Skol!
Is there any bountry or airdrop program thankyou

is there any bounty/airdrop programme

Stop posting with your multiple accounts and stop polluting every topic with your beggar talk.
newbie
Activity: 164
Merit: 0
Ian Balina said that you weren't able to show him your prototype, yet, you had convinced him that you have it. So what was the reason then? 
newbie
Activity: 249
Merit: 0
Thank you! This is a great project! I expect the best from this project and look forward to it developing in the future!
newbie
Activity: 50
Merit: 0
Is there any bountry or airdrop program thankyou
sr. member
Activity: 1316
Merit: 254
United Crowd
official website please?
hero member
Activity: 784
Merit: 500
Edenchain is from the projects I trust. The official announcement page is here?
newbie
Activity: 26
Merit: 0
Throughout the week, our team had been receiving 500+ emails a day, expressing interest in pre-sale and to learn more about EdenChain. We are grateful for such an overwhelming interest in EdenChain and making this decision has not been easy. In the best interest of EdenChain, we will be putting our strategic pre-sale round on hold till further notice.

In the coming weeks, we will dedicate all our energy on technical developments on the MVP, forge stronger strategic partnerships and hire additional key personnel to strengthen our team.

We will step up on our engagement efforts with our valued community. Do follow us on telegram (https://t.me/edenchainio), Facebook (https://www.facebook.com/edenchainio/) and twitter (https://twitter.com/edenchainio) to be in the loop when details of pre-sale and ICO is released!

In the medium article below, our CEO, James Ahn, shares more on EdenChain and updates on our progress.

https://medium.com/edenchainio/edenchains-ceo-public-announcement-on-development-72d06b7d5237
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