logo
Marketplace, Infrastructure, Cloud Computing

Hadron

Hadron - platform and marketplace of idle computing power and freelance tasks

Rating: 3.2

Official contacts
Location: Austin, Texas, US
Web-resources:   Whitepaper Website
Social networks:
Product source tracking: N/A
Details Description Risks Full analysis Team

Detailed review

Stage of product development
The dashboard enables to mine coins from different devices just by opening a browser but no additional information is available including the next steps in the roadmap


Token description
ICO date
TBA
Token price
N/A
Platform
N/A
Blockchain
Token distribution date
N/A
Consensus method
Escrow
N/A
ICO currencies
ETH
Bounty camping
N/A
Markets
N/A
Token functions
Risks
MARKET

Tough competition among other cloud computing projects

PRODUCT

The product is still uncertain due to not clear description and lack of detail

No whitepaper and roadmap published yet

BUSINESS MODEL

Token functions are not clear now

FINANCES

No financial information available now

Huge uncertainty regarding a weight of mined coins

TEAM

Team members resposibilities are uncertain

Lack of blockchain, legal and marketing experience in the team

Full analysis
Market

As specifications of the developing project are not available still, it is difficult to classify the market of this project. But the basis is cloud computing market that is turning mainstream for blockchain projects. Cloud computing expenditure is growing at 4.5 times the rate of IT spending since 2009 and is expected to grow at more than six times the rate of IT spending from 2015 through 2020. Gartner's prediction for Cloud Computing Market expects an increase from USD 67 billion in 2015 to USD 162 billion in 2020 attaining a CAGR of 19%. The competitors are iExec, SONM, Golem, Ankr, Uranus, Akash, Hypernet, DeepCloud AI, Dfinity and others. The bottom line is that competition is tough and it will require to develop something really outstanding to have an edge on competitors - currently Hadron's positioning is unclear

Product

As there are still no whitepaper and detailed description, it is unclear what the product is. The general concept is the marketplace of idle computing power but with some additional features: 1) including \"human tasks\" and 2) starting with only browser launch. It is not clear now what \"human tasks\" are included and how will it work. Joining the network now demands just signing up in the dashboard and launching the browser. Developers expect that all the possible devices will be available for computations. In effect, the Hadron system may turn thousands, and eventually multiples of millions of smartphones, laptops, desktops, etc into a giant supercomputer which will host AI that will perform functions like image classifications, medical scan analysis, and more. Developers contend that the network will be capable to accommodate millions of tasks per second. Currently, two main streams are in priority for the team: tech development and community building. Best contributors to the community are allowed to mine additional coins via the dashboard. The team has been working on the projects since September 2017 according to their Bitcointalk tread. This thread includes more than 260 pages of lively discussions. It is seen that the community is strong and supports developers. But it is still a very early stage of development, so there are no whitepaper and roadmap yet

Business model

Details of token functions are also unavailable. Some gossips contend that it will be an ERC-20 token but it is likely to be a nnew blockchain with its own token developed, and ERC-20 may be only used for tokensale and rewarding early contributors

Finances

No financial information is available now. Some of the coins are possible to be mined, but it is not clear what is their share and how to evaluate them. The prototype enables miners to launch a dashboard and receive tokens for renting idle capacities - the max tokens to be mined are capped and depend on miner's contribution to community (finding bugs, posts in social media, early support and etc). The recent update says that NEO Global Capital invested in Hadron

Team

The team includes 6 members. The first CEO experience indicated on Linkedin is the position of Software Engineering Team Lead working on secure mobile messaging for enterprises, then he founded 2 startups: Fanpop and LoanBack that are not related to current Hadron activity. He graduated from Stanford (Computer Science) and has an award from Electronic Arts. The team includes Darick Tong graduated from Stanford as well who is a Principal Engineer at Google, where he has built large-scale distributed systems since 2003 and took part in developing and launching Gmail. In addition, he is a recipient of the Google Founders Award. Michael Chu is the third team member and has 7 years' tech experience in Intel and management experience in some startups. Linkedin indicates that he has been in management positions for last 12 years. Particularly all the members were in teams of Fanpop and LoanBack that is not the relevant experience for this project. By the way, Fanpop reached over 55 million pieces of fan-created content and LoanBack made over $1.8 billion in bank-free loans enabled. It must be noted that it not clear what the positions these six members have in Hadron. Conversely, it is clear that no one in the team and advisors has blockchain experience, but NEO Foundation on board may share the expertise in this field

Social networks
© ICO Scoring - ICO Analytical platform backed by investors and financial experts. All rights reserved 2018