It’S about this one so which direction will be more realistic to scale p to p stress, network [, Music ]. So as usual, this is my performance surgery, so I already recommend it to the bitcoin at the older alcohol, which is related to these six categories. If you want to deepen your understanding about my proportion chip, please check out my other video about my proposal, and here’s. My video link and a major match in cartoon Sharepoint are here number five bros motionless. Also, this number is two b2c or b2b, dapps or decentralized CDN.
On a number two and then usually, I’m gonna apply the six out of five points so standing for the pain, points, products, team, execution, power, token economy and hype cycle and for each. I set the 5.0 point here. So the total score is 30.30 and if you want to deepen your understanding about how I’m going to analyze each point here, please check out my other video about our coin: investment strategy and here’s.
My video link, okay and then this time. For the paper analysis, so here’s mainly two pain points. First, one is this: one Ethereum only covers transaction systems on a decentralized cloud. Yet let me tell you the background here possible: buzz play a pretty critical role for their ecosystem growth on the blockchain space, and we got the great analogy for the internet: okay, we’re going to call it competing big bang. It’S kind of happened from 276 to 2007 The amazon AWS has a similar context to the blockchain-based project, such as Ethernet because, before the AWS, every single developer, who wants to do their own applications, they have to use data center solutions every month.
You know the initial stage. They have to pay three thousand or five thousand dollars per month. It’S pretty expensive. That is why a lot of developers hasn’t need to develop their own applications, but what I mean is thinks things about AWS. They only charge minutes or seconds based on it’s a suite cheaper than data center solutions.
That is why a lot of developers started their own applications by using AWS, especially for a smart home market like iPhone, then, because of this internet industry itself. Experiences. Second largest market growth in its history and we call it a competing big bank. The advanced project has the completely same context for the blockchain industry too because since boss projects such as Ethereum, they can aggregate all their cloud community resources with a decent transformation model and then they’re going to provide these competing resources to the depth player. So from the player’s perspective, it’s extremely helpful because they can focus on other key elements such as application developments, gross hacking, marketing that kind of things.
That is why bonds market itself is a pretty high potential, but here are one critical thing. I want you to understand here. It’S a major difference between central scrub and a decentralized crowd when we call the centros crowd, they mainly have three components: transition system, storage system and article system, transduction system process; your daily transactions, such as sending a message to someone or receiving money from someone and the storage System store those user activities, history, an analytic engine, provides such engine solutions to recommend energy solutions or analytical solutions to use those historical data to get the deeper engagement for the user side here. So these three components is the minimum requirements for the decentralized quantum computing system. Too, because in long term, every single birth project must compete with the center’s client community player, but when we call the box blockchain services, which means it’s a transactional system, why?
Because blockchain technology is a transaction system, it’s not for strange or it’s more for a local system. That is why, in long term, to compete with these central prime community systems, bus flyers have to scale up their system to the storage area and announce the system area. Okay, the CIA coin project focusing on this area. This means one of the key things. I want you to say that whether these major bus players, such as ether, throttle, or flow they’re gonna abandon their plan to scale up their problem solving to the storage area, then they’re gonna recommend using circle and project for the adapts play or not or Dobbs player decides to use cell phone positive here in the storage area instead of using storage function of these bus play or not that’s a critical question that we need to ask to think about the potential of the cr coin.
Project. Okay and pay point number two: when do we need decentralized drop of solution in a blockchain space? It’S about timing issues for the tech startups. Let me tell you the background here. So dropbox is actually studied by using AWS, so every single startup has to think about right timing to start a project in a dropbox case.
Why are they going to use an of x because the cost to run a crowd, storage solution is extremely cheap? You know advanced so since they’re going to fund the company from 2008 until 2015 they’re going to only use NMS 2015 they’re gonna build their own data center solutions. Why? Because thinking about the core cluster to scale up their dropbox video stuff running their own data, center solutions completely makes sense for them from the business model perspective. But the key questions.
What I want to ask you here that think about the decentralized dropbox solutions. If the CFO wants to focus on it at the b2c application, b2b applications, is it the right timing for them or not? That’S the key thing is I want to think about it as a pinpoint analysis to me. It’S a kind of big question. Okay, then, based on this understanding, let’s move the topic pro analysis before moving to the details of the CFI, let’s check out the overview of the sierra coin project, so the company behind sierra is a Novus inc and founded by David and luke in 2014.
So it’s a kind of an old project, but their major business is actually not studying for the storage solutions. So nobody has two working blockchain project projects here, which provides crowd, storage options and obelisk, which are the leading ASIC miner provider in the? U? S for proof of work-based cryptocurrency project, then NOAA’s was rewritten as Skynet labs in September and 20.
So, as an ASIC mining provider, it kind of makes sense for us they get excited about their business from 2014, but about the three solutions: it’s a different animal. Okay, then here’s the system overview of SharePoint, it’s very, very similar to the bus project, but the critical difference is the technical solutions. They’Re going to provide is not the transaction system, but the storage system to the depth side here so they’re going to aggregate those crowd, computing storage resources by using public blockchain technology and then they’re going to provide the storage solution to the dapps user side. Here and a one way, uniqueness, especially compared with the Ethereum platform, is their consciousness. Algorithms still rely on the proof of work model, not the proof of stake model.
But to me this prude homework-based strength. Solutions is not a scalable one, because all the time we have to think about the rock size issue on the proper work model, larger block size. All the time causes centralization of the mining network. Proof of stake-based threat system, much more high potential. That’S what I’m thinking about from the scary perspective?
That’S the one thing I want you to understand here. Okay, then body composition, analysis as usual. The cr coin are those are the direct and indirect computer in this space, especially to me, hitting my brave kind of pretty close competitor for the CIA point, because coin focus on storage system right they hit him and brave, can also provide this solution too, but think About the scalability model, since helium applied the proof of stake model and also they have own darts applications and a blade also provided you know own application here about their business development, speed and security perspective. This two-player is overwhelming. Sharepoint, that’s what I’m thinking about.
You know computers with their direct computer file coin. You know it’s not the effective model to think about the potential of the SharePoint okay and for your reference here, such as ether from this runner. Ethereum doesn’t have a storage system yet, but the flow has its storage system here, and this runner does not support this area. Yet then graph since they’re, going to provide an ecosystem here and I’m gonna give you the detail later, but graph positioning approach. It’S much more makes sense for me to survive in this boss, ecosystem, okay and then, firstly, let’s pay attention to this red market.
Here it’s about this one so which product direction will be more realistic to scale the p2p stress network. First, one is this: one: hidden hotspot medium will provide tokenized, decentralized hotspot solutions. The adult observation manufacturer also developed their hotspot. That storage provider can be also a user of these hospital solutions because currently focus on the p2p cd network. But once hotspot manufacturers add flash memory storage solutions inside this hardware, this hotspot network also functions like decentralized sales network.
So to me, this approach is much more makes sense and the second one is this one breaker approach, brain browser also saves your content, watching history data as a 3d solutions, IPFS model. So, since you know, privacy focuses browsing software solutions are also much more ideal models to get more user attention and demand in this to realize web 3.0 ecosystem. To compare with the dropbox approach to me: it’s a much more realistic model, Alexa scenario: this is a country. Sierra coin can focus on its Ethereum connectivity, so if the ether will abandon strength, you know the solution here on the ecosystem.
CFOY has a slight enabler potential to get that robot’s position here. Okay, but still I have a pretty big question about the future potential of the cell phone. It’S about this one blockchain has stretched, but it’s just too small for the decentralized crowd solutions as of now, but data query is different. An animal good example is compression between the graft and the fire point, so I’m not going to invest many fire coins because of these reasons, so blockchain technology, as I told you in previous slides, is a transactional system, not a threat system but itself. But the block itself is satellite storage inside, but it’s just too small as of now, but once Ethereum and other major bus projects they’re going to apply approval of state consensus, algorithm and also the charting technology and the scalability solutions.
They can scale up their broad size in a much bigger way in the long term, so think about you know, the skating solution from the bus project into the strategy area. Technically it’s much easier, but the query solutions: they’re gonna focus on analytical systems in a decentralized credit community system. It’S a completely different animal. It requires this entire inducing ecosystem or you know, quality assurance system stuff. Those requirements are pretty different from the bus ecosystem Jupiter stuff.
Once I’m going to compare the graph and the parkway graph has a higher potential than firecoin or viewpoint to be a powerful player to access to a multi-chain system like this white, because these days as we know, Ultan reverse project or ether, QR project is roughly growing these days. Such as Binance blockchain or swather, or flaw, so if these players seriously pay attention to transaction system or storage system competition, stuff and then they’re going to spend less time on analytical system development stuff graph, it’s going to be possible for them to be a powerful player. Like this, why is that’s one critical thing? I want you to understand here to think about the future of the sale point: okay and the third one team analysis. So this is a key member about nobles David cofound, a CEO he’s, a co-founder CEO leader developer at novolus and an ex-software engineer at IBM and here at the base of the computer science at the lanceler polytechnic institute.
Like he’s a co-founder at the leader development at noble steel and a profile mapping engineering intern at akamai. Pretty accurate experiences are the base of the computer science at the last law police technique institute. You know these two guys met each other in the same university. An emergency briefing of strategy and operations, founder of UMA in blockchain and she’s, the ex-researcher at mit national currency, initially and plus 20 members, meaning us simply said about technical capability – is, I think, it’s relatively high level, but about business development capability. It’s a little bit unclear.
Okay and then number four execution power analysis, so once we’re gonna check out the Siacoin homepage, we can check out their latest stats here. So as of June 2021, this is their stats first one. This one online host means their buy data network is currently 500 and the network capacity of the inside storage network is 3.1 terabytes. One terabyte is one million gigabytes pretty high number here, current usage is 1.
1. Terabyte means around 30 is already used by customers. Okay, then, this stat itself is great, but my big question here is: who is the user than about this point? Let me tell you later and for your lymphomas, let’s compare another direct computer, as I mentioned in the value card, portioning, helium and blind. So, as of June 2021, hitting the hotspot is around 56k on a global basis.
Many! The US and Europe brave 11.3 million daily active user base in long term. These two players tend to be a decentralized three solutions: CFO has to compete with them, so about traction level. These stats are overwhelming, see our point overwhelming Sia point.
Okay and this one token from analysis, so this is the top incoming design matrix, which I made and the major match in Canada. The Sia point is here both on boxing os. This is their major matching gallery and it does at a decentralized CDN this indirect matching color here, because, as I told you, the sierra coin approach is much more focused on bus connectivity for the business developments, so this one is indirectly matching calories as of now. Okay, then still, I cannot identify any kind of effect network effect model of the SharePoint project. Yet so for your reference, let me share my analysis for the network effect model on hnt, so this is their starting point: internet users, who want to make money on their home wifi?
Then they’re gonna buy hidden network hotspot, they’re gonna make money through that. Then one node joins this network, so more connectivity. They can gain so lower price loading cost they can achieve, which can provide better customer experiences for their primary p2p wi-fi growth ecosystem. Then they can leverage these primary goals to stress them across here, because a third party, manufacturer k26 manufacturer, is pretty active on having network, make wi-fi and looter with three solutions. So more monetization opportunities for the entire end-user, they’re gonna provide better customer experiences.
One of the geniuses of this network effect monitor is intended. The user is both a storage provider and a straight user. Just like you like me, so you know their network effect model is pretty powerful and in silicon project, the big question that I got is: who is the initial customer here then to help you understand this point all the time I’m going to use this one for Your reference, calcium theory plus network effect, calcium Siri, is the most well advanced and well-established theory for the new technology adaptation for the mass market. They may have five keys of it, starting from innovator earlier after and canceled here and rd majority name majority and lane mass. Then every single new technology experiences these ratios for the mass adaptations about ciaco project.
Of course, it’s a new technology. That is why for them to acquire an innovator and audio adapter is not a difficult issue. The issue is this one early majority in lane majority for the helm hotspot to me it’s much easier for them to cross in casual because to make money on hospital business. It’s a pretty convincing model, but about sierfan project. To me, who is this user?
Tired here is still unclear, so even they’re going to get the initial attractions, as of now their user base is innovative and already after the innovation earlier after you know, they are always looking for the new technology and also their risk-taker. That is why using SharePoint for the test usually or something it’s not a big problem for them, but for the early majority lay majority is a pretty big issue. They need the right reasons and the right economic benefits to using their solutions. That’S my big question about the silicon project. Okay, Ethereum is seriously developing their DAO and it’s gonna be well critical for the cell phone soon because since cellphone focuses on the box connectivity through the ethernet or throttle or flow.
So that is why effective down also critical demand for them too. Okay and number six hypothetical analysis. So this is the gauntlet. Analysis blocks integrity, two and twenty margins and a major matching category for the CIA point are here: blockchain pause. If the ether they’re gonna, fail to scale up their solution to the storage area and another area, blockchain path has a huge potential in this market, because someone must build these templates cloud computing managed solutions which also bring great business opportunity for the 0. So this issue is a pretty high potential but coin since they already get the satellite attractions. So of course you know they can be a successful player in this area too. Okay, so, finally, I’m total score so about pinpoint 4.5 first of all without any questions, but for the critical role for the blockchain industry market development stuff, but about three solutions.
Still, it’s very unclear because boss ford itself, like ether, they get scared of their solution. Not only from the transaction system but storage area too. That’S why 4.5 about products 4, 0, their technology is a well-developed one, but my big question is they’re going to apply the proof-of-work model. Think about the broke size issue about minor centralizations proof of stake model has much bigger potential, so team level 4.0 their technical capability. I see a certain level of potential, but their business development capability is still a little unclear so for brazil, exceptional power, 4.5. The attraction level is pretty amazing, but my big question is whether they can target the right customer to cross the chasm.
So currently I can put the 4.5 here, but to me, it’s very unclear that whether they can maintain this high score level or not. Okay, about the token economy, 4. 0, since I’m gonna refer to the network effect model helium cell phone project, it’s a little bit unclear about the initial customer target for the initial stage of the business stuff. So 4. hype cycle kind of same things: blockchain pass is pretty high potential and if the ether failed to scale up their solution to strange area, sierra point has a pretty big potential there. But since the attraction level, still not crossing the chasm yet still to be a little bit unclear that whether they can survive in a strong momentum on the hype cycle or not so 4.0, so my total score is 25 points. My minimum investment criteria are over 25 points. So from this perspective, I’m going to recommend the investment in SharePoint token sc, but still to me cisco and project.
Of course, they have something of the potential. It’S to be a little bit risky bet. The reason is to me: it’s still a little unclear that where is their customer profile? That’S my big question. Okay, all right!
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