EdenChain ICO Gears up with Their New and Improved Blockchain Technology

South Korea based company EdenChain has announced an ICO for their new blockchain technology. This EdenChain ICO plans on selling 1,000,000,000 EDN tokens and collecting $24,000,000. Their blockchain technology will provide secure interoperability, high performance for parallel processing, and low transaction fees.

Singapore – March 12, 2018 /MarketersMedia/ —

EdenChain, a South Korean based company, has announced an ICO for their latest blockchain technology which will begin from the 2nd quarter of 2018. Calling it as a ‘programmable economy platform’, the EdenChain ICO promises to provide an upbeat blockchain that addresses all the problems of the other existing ones.

James Ahn, the CEO, founder, and brain behind EdenChain, holds a master’s degree in software from the Korea University and KAIST. He previously worked as a CTO in CyberRenassance Inc., Japan and then in DeepNumbers and MHR as a representative. Ahn has a combined 20 years of experience in IT.

This new blockchain technology has another 10 individuals contributing their expertise to this platform for making it the most unique one. EdenChain claims that their HelloEden ICO platform is the first of its kind targeted towards the Korean market. The company’s entire ICO, investment, and marketing will have a base over this platform. As per the company’s statement, simultaneously with this ICO launch, other events will also take place which EdenChain has categorised into business and technical.

Falling under the business category are their 1st developers meet, partnership with potential clients, alliance program and the opening of the HelloEden ICO platform. The technical category will hold the launch of their HelloEden platform, alpha version of EdenChain and its wallet, and issuance of EdenChain. EdenChain ICO plans to raise a total of $24,000,000 through the issue of their 1,000,000,000 tokens known as EDN. The company further would distribute bonus tokens for participants in its pre-sale. 1 EDN priced at $0.06 will have allocation in 7 different ways.

Out of this allocation, 40% will come from the token sale to public. 5% of the tokens are allocated to their Advisors and Team, 10% to their foundation, 15% to their Strategic Partners; another 5% to Bounty and Marketing, 13% towards Founders and Shareholders, and the rest 12% to the Accelerator Program. The proceeds collected through this ICO will also have several allocations. Out of this, 50% will go towards technology and 10% each towards Communication and EcoSystem, Legal and Regulation, Marketing, Security, and Operation.

When asked about this new blockchain technology, a company spokesperson said, “It will revolutionize the blockchain system. Through this, anyone can capitalize their tangible and intangible assets. Most importantly, it will be cost-effective and faster than other blockchain.” As per this company, various sectors can take advantage of this platform whether health care, finance, P2P, energy, commerce, IoT, and advertising. It provides secure interoperability for services whether on-chain or off-chain.

Along with that, it also can perform exceptionally for parallel processing and execution of transactions; and will require a fee of as low as $2 for every smart contract completion. EdenChain ICO will continue until 1st quarter of 2019. The 3rd and 4th quarter of 2018 along with the 1st of 2019 will see various other events of this company along with the progression of this ICO.

About the company:
EdenChain is a new South Korean company that will launch an ICO for their blockchain platform. The EdenChain ICO will give rise to a ‘programmable economy platform’ with their blockchain. EdenChin has partnered with various South Korean companies for the development of their blockchain like Finger, Lending Science, MoneyTag, Fintech, BeNegative, M&K PR, Lotusport, and Clean Deal.

Contact Info:
Name: Tony Tran
Email: green@edenchain.io
Organization: EdenChain
Address: The Arcade building, 11 Collyer Quay, Singapore, 049317

Source URL: https://marketersmedia.com/edenchain-ico-gears-up-with-their-new-and-improved-blockchain-technology/312131

For more information, please visit https://edenchain.io/

Source: MarketersMedia

Release ID: 312131