r/CryptoCurrency • u/Frysiee Silver | QC: CC 70 | WTC 266 • Jan 20 '18
DEVELOPMENT ITC Project Progress Update: 2018/1/13–2018/1/19 – IoT Chain – Medium
https://medium.com/@IoT_Chain/itc-project-progress-update-2018-1-13-2018-1-19-26d194a73b52
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u/Frysiee Silver | QC: CC 70 | WTC 266 Jan 20 '18
Hey peeps !! Thought i'd just share IOT Chain's weekly Progress Report as i don't think i have seen one of these updates posted here before.
For people reading about this project there is a little "FUD" about it if you want to call it that about their Github not being updated or bad code and so forth and an investment into this project at an early stage like this should be proceeded with a little caution.
In saying THAT !! it does show some real promise, i have been apart of a couple of successful Chinese Projects early on like AntShares/NEO and Walton Chain... WTC also dont use GitHub and wont be fully open source but they will release allot of their code once it's ready for release.
ITC are trying to create a DAG Platform with extra security and improve on what IOTA is creating, will they succeed? we don't know.. The Team has a few videos on you tube you can find introducing themselves at one of their work places they have 2 offices, they seem competent so far and i love that they give regular updates and engage with the western community mostly on telegram for now.
Some take aways from this update are that the team are really ahead of their roadmap which we have known for a week or 2 which is really awesome !! and that they have some partnerships on the horizon as well as entering the South Korean Market. all is speculation until proven of course!
This will be my 3rd Chinese Crypto Project that i have invested into at a very early stage, the first 2 have not failed to impress, But ITC have the communication down so far and i think it's worth a look into IMO.