The Value of Project DELTA explained.
The release of Project DELTA’s Testnet has had a significant impact on the project’s value.
“While it might be ideal that all projects already have a mainnet released at the time of ICO, this is rarely the case. From an investor’s perspective, the mainnet proves that a project is making technical progress. It’s an essential technical aspect to consider when investing in cryptocurrencies.”
DELTONN RHODES, CoinCentral.
Last week we announced some exciting news: The completion of DELA Portal’s Testnet (a prototype of the Mainnet). This technical achievement has some implications on Project DELTA itself, including the value of DELA token.
For your understanding, we’ve prepared the table and picture below to explain the impact of our Testnet development better:
In the above table, ten cryptocurrencies (Ethereum, NXT, Tron, Ark, IOTA, Stratis, Neblio, Aelf, Zilliqa, and Nebulas) have been categorized into four groups to estimate their valuation rate fluctuations over four stages. All estimates have been calculated based on BTC.
Blockchain projects generally go through five stages including the ICO, Going Public, Release of Testnet, Mainnet completion, and ecosystem development. If we assume the token value equals 1 in the ICO stage, the value rate progresses as illustrated below:
Each and one of these stages represent significant milestones for the development of blockchain projects. Reaching the “Going Public” stage means the token has gained enough trust to be traded in the public markets. The Testnet gives us a broad idea of how the Mainnet will function. The Mainnet completion becomes the technical base for the whole project and serves as real evidence progress is being achieved. And finally, the ecosystem development stage is where the networks are built-up on the Mainnet. These stages also show us the level of progress the project has reached, meaning that, every time the project moves up a stage, the project value increases as well. Project DELTA has already presented their Testnet at the Bit Forum, Seoul (November 30th, 2018) and is currently working towards going public and completing the project’s Mainnet. These changes have been reflected on DELA’s value for the Second Round of Token Sales.
Our team is continuously working to increase Project DELTA’s value and keep up with the high expectation from our supporters.
Stay tune for more updates on our Token Sales and Project DELTA’s progress.
Cheers, Project DELTA.
