I know a lot of wojaks are getting posted, so I thought I'd share a gem. Looking at the graph you will see the hype has died down, but that just makes this a juicier buy.
For honesty; I bought in ICO, sold most at 375k and rebought my stack around 230.
OriginTail Website: origintrail.io
Telegram: OriginTrail
What is the project?
OriginTrail is a decentralized protocol for data sharing and data interoperability along any supply chain.
It targets three bottlenecks of current supply chain data solutions:
Scalability and cost issue of blockchain.
Fragmentation of data.
Issue of sensitive data that underpin a stakeholder’s competitive advantage.
They will implement these solutions to these bottlenecks:
Offchain scaling (like Vitalik Buterin recently recommended) via ODN and graph databases.
GS1 Standard = A well-known industry standard for data (other standards for data exchange will be integrated later on).
ZK-Snarks to protect sensitive data.
Hence OriginTrail is all about (offchain) scaling and providing interoperable data sharing between multiple supply chains on the blockchain.
The TRAC tokens are used for nodes and each action (reading, writing, etc) to the blockchain will cost TRAC tokens. Nodes will get rewarded in TRAC as well. Tokens for the team, advisors and preICO are locked for 2 years, receiving a percentage every three months. The whitepaper is really well written, it was a delight to read after so many baseless buzzword whitepapers and I advise you all to read it.
Why should I buy?
38M marketcap
Masternodes announcement in March
Monthly update with partnerships NEXT WEEK. (Check 2nd post)
TRACE alliance announcements soon
Some more links:
Reddit posts that goes more in-depth: reddit.com
Youtube interview: youtube.com
