Celer Network ICO

RATE: 8/10

MVP demo is now available on public and their product offers innovative approach to a blockchain Achilles’ heel. Also they have exceptional team with a good technical background but the team is small and heavy on tech end, Strategy is not straight forward and unclear drive adoption.

The Celer Network ICO (CELR Token) is attempting to reverse the trending notion that off-chain solutions are no longer necessary or attractive. The team, with their impeccable academic credentials and impressive experience, have addressed this erroneous idea head-on, by making it clear that while sharding and other on-chain solutions have their place, an ‘Internet-grade’ blockchain is not possible with these technologies alone.

We applaud their strong stance and the fact that they already have an MVP. Despite strong early support in the crypto community, we would like to see a stronger nod toward the commercialization of their tech through mass adoption, and look forward to revisiting the project soon.

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