EdenChain AMA results and answers

By August 24, 2018 English

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[vc_column_text]Hi our awesome Eden Community,

Thank you for your strong enthusiasm in our recently concluded AMA. We are heartened to have received close to 50 questions and rest assured all your honest feedback will be considered for the long road ahead. Due to space constraints, we have carefully curated a set of answers to our most popular (and recurring) queries. We will be answering the other questions directly on to the reddit page. Winners of the best questions will be contacted through PM on reddit.

When is the token release and exchange listing?

Nothing has changed! The token release will be accompanied by a top exchange listing in Q3. If you are new to crypto, please note that we are NOT ALLOWED to reveal the exact dates of our exchange listings due to regulatory and strategic reasons.

Having said that, our EdenChain team is here for the long haul and we understand that a successful listing is essential for the viability and adoption of Eden’s enterprise solutions. We will adjust accordingly to the winds of the market to ensure that the token release will allow Eden to fulfil its fullest potential.

What are your marketing and community building plans?

At this moment our marketing efforts are centred on our coming token listing.  However, Eden operates regional offices in Korea, UK, Singapore and Vietnam and we are looking to expand quickly, (especially in terms of business development) to promote and capture enterprise adoption in these key markets.

To engage our wider audience, we will continue to use our media partners, social channels and global community.

Over the past few months, we have organised 7 well-received meet-ups in major blockchain hubs around the globe, such as Korea, Zurich, London, Singapore, Vietnam, New York, Malaysia. Our community outreach has been extensive but as you know, we are not a team that rest on its laurels. Ramping up towards our token listing, we will be organising a 2 weeks long China roadshow across Shanghai, Beijing, Hangzhou and Shenzhen to introduce Eden to our Chinese investors.  We will also be participating in blockfesta event in Korea.

In every new place that we went to, there is almost always a local community that is interested to work on the Eden project. In recognition of these efforts and the need to better engage our global community, we recently set up a community management division. This will give better support to our regional ambassadors, media influencers, and “on-the-ground” community managers. More resources will also be allocated to support developers that are interested in developing on Edenchain.

To learn more, follow our blog at: https://dev.edenchain.io/blog-english/

What is Eden’s comparative advantage?

EdenChain is looking to be the global platform for a programmable economy. We seek to build a highly secured inter-operable, high performance blockchain with low processing fees. EdenChain can be used in a wide range of applications and industries; to provide an ICO Platform for start-ups to launch their own ICOs across all sectors such as IoT, B2B, services, P2P Finance, shared economy and etc. EdenChain supports Solidity, currently the most popular smart contract language.

However, the successful implementation of Programmable Economy platform brings with itself two major problems—performance and non-secured connectivity. EdenChain focuses on solving these technical issues by employing software and hardware that can elevate the performance of the entire network and protect the blockchain against external hackers. Since EdenChain has the ability of monetizing all kinds of assets and executing secure, cost-efficient, and faster transactions, it can be adopted across various industries, such as IoT, Finance, Shared Economy, Games, ICO and etc.

And how do you handle security?

Security is one of the key cornerstones for Edenchain. It is implemented at key fracture points in the Eden Architecture. At the bridge layer, we use a proprietary e-bridge that acts as a secured oracle for external data sources, enabling the on-chain smart contracts to interact with off chain module. As nodes exist on both the on-chain and the off-chain, an E-Protocol uses an encryption process called the Elliptic Curve Cryptography (ECC) – Threshold Cryptography (TC) for trusted connectivity.

On the distributed ledger layer, the implementation of Intel’s Software Guard Extension (SGX) enclave allows applications to run trusted code in a protected environment.

How are we progressing on HelloEden platform?

The HelloEden platform is an all-encompassing tokenization ecosystem developed in conjunction with an ICO implementation process for a distributed infrastructure. It is an integral part of Eden’s enterprise offering.

We are in the negotiation process with a couple of interested parties that are keen to use the HelloEden platform. Following this, we are finalising ICO frameworks and marketing plans to create customised strategies to support HelloEden projects. More details will be revealed on a later date.

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