Flipside Daily Mover: AERGO
A coin per day, making big moves
AERGO Fundamentals Rise As Platform Matures
September 18, 2019
AERGO FCAS is up 10.61% over the last 7 days. User Activity climbed 133-points (74.72%), Developer Behavior declined 4-points (-0.52%), and Market Maturity spiked 16-points (2.97%). Price is down -12.57% over the same timeframe.
Living The Hybrid Life
Aergo is an enterprise-focused blockchain platform supported by Samsung-backed Blocko (a provider of private blockchain solutions). The project is considered a hybrid blockchain, enabling DApps to be deployed on both permissioned or permissionless systems, in addition to enabling developers to create public and private blockchains.
On September 6th, Aergo joined the Binance Info Transparency Initiative, a valuable move to gain more exposure in the industry and foster community growth. Shortly thereafter, on September 12th, the team revealed Aergo Enterprise, a simple framework focused on delivering business continuity to enterprises adopting Aergo blockchain solutions. Project fundamentals have responded positively to these developments, rising significantly through September.
🌶️ Hot Take
Aergo and Blocko are approaching the proliferation of blockchain technology through more traditional methods. By replicating the permissioned models of current database architecture leveraged by enterprises, they are easing the pains and trepidations of these entities in taking the leap. Nevertheless, these permissioned and private blockchains are centralized, and fly in the face of their counterparts working towards the creation of public distributed blockchain business models that can thrive. As Aergo’s platform continues to evolve, it will be interesting to see which side of their hybrid offering gains traction.Want to receive the Daily Mover direct to your inbox? Sign up here.
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