“Seeing What Others Dont” is a name of a book that inspires me to share the analytical skill that I have learned so much from my crypto community after we participated in more than 50 ICOs and anlyzing more than 80 ICOs in the crypto space — Hunting “under the radar” ICO is what I do.
The good thing of having under the radar ICO is the opportunity to invest more fund than other very popular ICOs. Over crowded ICOs usually end up in giving very small individual investment capacity (Around 0.5 — 1 ETH), but with the less crowded ICO, we could invest in the particular amount that gives significant investment return. Before jumping into the concept analysis of elementh, we should ask ourself this question..
Is Now a Good Time to Invest in ICOs?
The recent crashes in the middle of January continued in the beginning of Ferbuary and a dip has just happened in March have created trauma to some investors who just recently join the crypto world. However, the more experienced crypto investors have seen it coming and feel that it’s a normal situation because they have experienced 3–5 crashes in 2017 until now. I was staying calm during the last crash and monitoring their impact to ICO return performance. The result is a good news for ICO hunters.
Amazing return potential these ICOs have! The graph from ICO Drops clearly shows us that ICO peformance is not significantly dragged down by the recent crash. But if we compare the return of ICO that listed in exchange at the Bullish Market in December 2017, the current ICO still has lower return. Thus, timing is still important to maximize our investment, which brought me to research further for the timing recovery prediction and found out this article
“Just a sentiment interpretation reveals that Bitcoin might be heading towards a $6000 or lower territory after which a strong rebound is expected when big money starts flowing in.”
Below article which is written in 3rd February has forecasted the crash in 6th February. It brought bitcoin price slumped to less than $6000 but bounced really hard to $11,000 on 20th February. I also found a technical view that successfully predicted the market movement from 7th — 20th February.
The technical analysis predicts that market recovery could happen on March or a dip could happen at this month. The recovery will create trend that moves either sideways or up. However looking at recovery of a market crash in September 2017, it took around two months to break market all time high (ATH) record. By this, I predict between April — June 2018 period, cryptocurrency market will start its bullish trend and have the potential to break new ATH record. That period is the best time to invest in ICOs which will be listed in an exchange in Q2 of 2018 to maximize return from the optimistic market mood, and Elementh is listed in this period.
Disclaimer: This is not a Financial Advise. All predictions in this article are my personal opinions based on the research that I have done and disclosed.
Why Elementh is a Gem?
1. Existing Business in Place
Unlike most other ICO who sells concept or idea to raise fund, elementh is a project of miiix.org. Miiix is one of the biggest E-Commerce service provider in Russia with around 40 million existing Stock Keeping Unit (SKU). Miiix’s two biggest clients are Sberbank-AST and Ulmart. These two clients give elementh broader access to reach out almost the whole Russia’s E-Commerce market and potentially access to European electronic market place from Sberbank-AST’s connection. The news could be found here.
We also have the confirmation from the CEO that elementh project is transformation of miiix.org into blockchain. This means elementh has existing multi million E-Commerce business and it’s going to utilize the ICO and blockchain technology to grow rapidly, not to mention its partnership with SAP Hybris as one of their outstanding strategies to bring the project to another level by having access to SAP’s customers worldwide.
Considering this, elementh is already safer and more advance than many other ICOs which sells concept or idea without actual business operation.
2. Perfect Utilization of Blockchain Technology for E-commerce Industry
As we know it, blockchain is a great innovation build on top of internet which solves centralized system’s issue by having decentralized system. Elementh is creating its own blockchain infrastructure that spesifically designed for E-Commerce Companies that maximizes all benefits of decentralized blockchain technology. The implementation of elementh blockchain plarform could be various, it depends on how well the applications are designed. Here are the main e-commerce benefits that could be gotten from elementh playform:
- Validation for Original Goods
Miiix has created 40 million generalized product card to differentiate products specifically and use them as their business model to match demand and supply in the Russian e-commerce environment. The code will be implemented as a standard code used solely by manufacturers. Therefore, any guaranteed original product could be easily distinguished from other “unconfirmed” products on this platform. - Free access to World Marketplace
As a seller, you may want to present your goods everywhere on any e-commerce platform. As a buyer, you may want to get the lowest price for the desired product. Elementh fills both needs, because any product listed in the system with proper generalized product card (SKU) tagging could be viewed by all the Elementh’s users. This blockchain is accessible by any e-commerce entity in the world, and it’s FREE for them to list the products they want to sell. Buyers would love to have one-stop shopping where they could compare prices for the desirable products on Elementh. Once the market ecosystem is working well, everyone has benefits from usage of this platform, and more e-commerce companies are going to join this worldwide free e-commerce platform. - Transparent Secondhand Market
Transparency of this blockchain will enable buyers and sellers to perform trust-free online transactions. Elementh allows market developers to create any e-commerce service to solve any kind of issues that are relevant for a common e-commerce platform. For instance, supply chain tracker could be built on the top of this transparent and highly secured blockchain where even second hand goods may have valid and clear history records. - Token to Ensure Lower Cost
to carry out transactions in the Elementh ecosystem. This crypto currency provides for secure transactions without having a third party. It ensures privacy to some extent, and, what is more important, cost of the transaction is much lower, as the speed of transferring crypto currency is much higher than that for fiat money.
There are so many possibilities could be built on top of Elementh that will solve so many issues in current e-commerce platform. Some member of the elementh community have been thinking is to create an application to have better control supply chain in more comprehensive way and these people call elementh could be “the VeChain for e-commerce”. Some people who get idea of this blockchain potential called this as “Ethereum for e-commerce industry”. I would say both are good analogies, however Ethereum is a blockchain platform, thus it’s more precise analogy, but VeChain is the example of application in real business world that elementh could implement. You could get more examples from Elementh’s Whitepaper.
What is the future value of EEE?
I have to write this question because many people asked it in Elementh social network. The answer is.. I don’t know. However, what ICO investors usually do to predict the price is by comparing marketcap of the project during ICO with existing project that has similar concept. Since none of existing crypto project has the very similar idea with elementh, I will compare elementh’s ICO marketcap which is $ 16,500,000 from raising 30,000 ETH (using ETH = $550) with decentralized application’s peak and current marketcap in supply chain industry:
- VeChain (VEN)
Peak: $ 2,647,000,000 = 160x
Current: $ 1,772,000,000 = 107x - Walton (WTN)
Peak: $ 1,138,000,000 = 69x
Current: $ 340,000,000 = 20x - WaBI (WABI)
Peak: $ 259,000,000 = 16x
Current: $ 44,000,000 = 2,7x
Note: 2x means twice or 200% of ICO price.
The current marketcap of those coins are fluctuating day to day and what stated above are based on the information from coinmarketcap.com at the time I was writing this part.
That is my opinion why I think elementh is going to be the best ICO in 2018, not only in terms of the genius idea and concept behind it, but many other things such as; the business that support this project, the perfect timing that have been predicted by many analysts, the industry that craves for trust-free transaction, the dream to access all e-commerce around the world and an on-ramp free blockchain technology for the world.
