Essentia Review
The Essentia project is an attempt to combine centralized and decentralized resources using protocols structured in a single set of chains. Every few seconds the Internet grows with new unconnected particles - Essentia promises to provide a platform that will unite them around the user for convenience.
Key Features
Data management
Technically, Essentia is a framework for decentralized interaction and data management, consisting of two main components:
- Essences ("entities"), in which data from various sources are stored in a relationship.
- Synergies ("synergy") - a grid of operations. It connects a variety of platforms, resources and modules for interoperability.
Broad customization capabilities
Users can order programmers to develop more convenient, feature-rich and efficient platform-based applications. The Essentia framework supports most popular technologies.
Expandability
The Essentia platform is expanding to allow users to enjoy all the benefits of decentralization. There are opportunities to add your own blocking applications (dApps), platforms and wallets ..
Versatility
Expanding the functionality, Essentia helps conveniently organize all user-added block-tools in one place.
The variety of blockages and devices
Essentia supports many chains, including Bitcoin and Ethereum. Works on any IOT or CLI device
Security of personal data The
security of data of companies and individual users is enhanced through verification procedures. The KYC and GDPR procedures are mandatory as default.
Development plan
According to information on the Essentia website, the project started at the beginning of this year. Planning horizon is the end of 2019. The plan details the process of developing the platform, as well as the dates for marketing and business events: the ICO, which is to take place in the first quarter of this year, and the bounty, participation in international events, mitapas, airdrops - all at the end of the year.
The project team
The Essentia team is based in Geneva. The company is headed by its founders:
Mateo Zhenpetro Zago - project manager (Project Lead). Behind him is the history of creating from scratch and developing his own company, which today cooperates with market leaders from the list of Fortune 500: Uber, Alphabet, Facebook, Tencent and others. The author of "The Facebook Bible" and "The Guide to Marketing on Twitter" - books that are best sellers on Amazon.
Mirko Monjardino - the head of product development (Product Lead). Has experience in the field of online entrepreneurship, since 2013, when he discovered Bitcoin, enthusiastically working in the technology of blocking. For the first time doing business at the age of 16, today manages a company with a staff of 40 employees in seven countries. The company's offices are in Amsterdam, Lviv and Dubai.
Vladimir Golubovykh, Executive Director (Operations Lead). He began his career with creating a viral advertisement for Italian, and later international companies, at the age of 19. In 2014 he became interested in the blockbuster and began to develop this direction in Eastern Europe.
Head of the development of blockade and architecture , who preferred to remain anonymous.The team of developers and designers Essentia includes 21 specialists. Another nine employees work in the field of business and communications development.
Advisory Board
The advisory board of Essentia included eight experts from different countries. Among them:
Mo Levin - co-founder of the first accredited
Thomas Graham is a managing partner of TLDR, a company advising on crypto-currencies and a hedge fund working with such large ICOs as Quantstamp.
Ian Marston is the former Head of Sales Strategy at Motorola Solutions with twenty years of experience in emerging markets with rapidly evolving technologies.
Ismail Malik is a member of the Icon Foundation board with 20 years of experience in technology start-ups and enterprises working with such large companies as Vodafone, Cellnet and News International.
Distribution of ESS tokens
- Essentia introduces management nodes, accounting for 10% of all issued tokens. This part will be produced within the next seven years.
Sales report for the token
Project name: Essentia
Token: ESS
Type of the token: ERC20
Official website: https://essentia.one/
Project document: https://essentia.one/whitepaper_draft.pdf
Requirements to buyers: accredited through Whitelist
Pre- Sale : continues from the beginning of April
Exchange rate: 1 ETH = 15000 ESS
Media Coverage
There is no section dedicated to publications on the Essentia website. Project references can be seen on sites that publish ICO surveys and compile their lists. The Essentia Twitter account has 15,200 subscribers, and 26,600 users are in their group in Telegram.
Competition and risks
We did not find information about how the Essentia team plans to pursue a policy with respect to its competitors. The visions of the risks that the company may face are also not presented. The project documentation is entirely devoted to the technical side and does not affect the issues of business development. From all this we can conclude that either the project team does not have the slightest doubt about the success of its event (which is a bit strange), or treats these issues with some disdain. This is unusual for such projects.
Conclusion
The problem that the Essentia project seeks to solve is understandable, but they are not the only ones trying to offer a solution for it. Therefore, I would like to see some kind of analysis of competition and risks, which lead authors of similar projects. In addition, we expected to see what the proceeds from sales would be spent on. And the last thing: strangely enough, to find the dates of sales of tokens neither on the site, nor in the documentation was not possible. In terms of development, it is indicated that sales are scheduled for the first quarter of 2018, and today as early as April 13 - that means, the Essentia team has 16 days left to meet the deadline. We also managed to find this post ( https://goo.gl/mLvewp) founder Mateo Zhanpietro Zaho, in which he writes that the pre-seyel is already in the beginning of April - Twitter and Telegram-accounts of the company do not say anything about it, although usually such projects emphasize such moments. We saw companies that published all the information shortly before krausejla began - let's hope that Essentia will do the same.A positive point is a detailed description of the technologies and development process, which is presented on the 34 pages of the project document.
References:
Website: https://essentia.one/
WhitePaper: https://essentia.one/whitepaper_draft.pd
Telegram: https://t.me/essentia_one
Facebook: https://facebook.com/EssentiaOne
Twitter: https: / /twitter.com/essentia_one
Medium: https://medium.com/@themorpheus/
ANN: https://bitcointalk.org/index.php?topic=2704531.0
Prepared by : Rajee89