Since the beginning of the year, BTT first online coin security, began to open the coin circle has lasted half a year long promotional buying curtain. Subsequently, major exchanges have launched their own project preference channels, and started to play the role of IEO (Initial Exchange Offerings) projects.
During the six-month battle for projects and users, investors were lured in by the fivefold jump in firecurrency and the 16-fold jump in the opening of OKEx BLOC. But fleeting, not long after IEO project\'s currency price on the precipitous decline, such as the water of the Yellow River running to the sea no longer back, is still unable to recover after a setback. Therefore the exchange\'s IEO is called in the industry a drum pass flower \"run fast\" game, many investors have not been able to avoid the fate of the sickle harvest.
But everywhere, there\'s always something new to break out of the box, and OKEx\'s recent IEO project started saying no to this.
/1/ the \"run fast\" to \"hold long\" turn
Echoin (EC), the sixth phase of OK IEO\'s Jumpstart platform, went on sale on August 8th. The total sales volume was nearly 180 million and the selling price was 0.0113 usd, which increased 3.5 times after the opening. At that time, many experienced investors to avoid becoming a panpan man, have stopped at this sell their chips.
\"OK IEO project or live up to expectations, how the opening will increase several times; But don\'t be greedy after you get a few times the opening price. You have to sell immediately, or it\'s time to give the offer to the person in front of you.\" Participate in multiple exchanges multiple IEO investors replied.
But the rest of the story did not follow the plot. EC was up 3.5 times at the start of trading, peaking at $0.087 and quadrupling its opening price. So far only three short pullbacks, and each time the base price is higher than the former, the currency price trend shows that the EC is a value investment. And in the currency circle, such a project is not very much, investors can imagine the collapse in this.
Investors are said to regret not holding at the same time, EC has won the market praise. OKEx CEO is also vigorously to promote, like a treasure, finally appeared on behalf of their platform IEO project, which is now OK the highest return on investment projects.
In addition, since the launch of OKEx, EC has also been widely concerned by the industry, which has been the first hot search on Mytoken repeatedly and the first increase in 24h. On the other hand, overseas well-known institutions recently on Top5 exchange IEO project evaluation; Echoin not only has the highest ROI of all current IEO projects in OKEx, but also ranks fourth globally in terms of ROI.
In response, investors say the market may have quietly shifted gears, adding value to the fast-moving game of IEO. EC\'s strong performance in the OK IEO project, which has earned OK good word of mouth among investors, will lead OK founder xu mingxing to change Jumpstart\'s IEO rules to better pass on the value, according to people familiar with the matter.
Block chain industry is still in the early days, even the head of the exchange of selected projects, after the online performance is worrying, not a few cut leek. How does Echoin break out of IEO and continue to deliver value to investors?
/2/ what\'s the advantage of the energy common chain Echoin
According to the introduction of OKEx IEO project, Echoin is a public chain project for energy economy. It USES a series of technical solutions including Plasma side chain, Cosmos cross-chain, trusted predictive machine and virtual machine. It aims to build a fair, free and convenient ecological bottom layer for individuals, energy enterprises, Dapp developers and other participants of energy economy with different identities.
Echoin relies on its huge technology team to support some of today\'s fastest growing technologies. Wang yibo, director of renewable energy systems research at the Chinese academy of sciences, serves as an adviser to Echoin, while Gavin, chief scientist, is a serial entrepreneur and veteran computer programmer, according to public records. Gavin graduated from huazhong university of science and technology and worked for bell; We have studied the codes of bitcoin, ethereum, leitrim, rebo and super ledger successively, and later developed a payment gateway based on rebo.
As for the energy industry, it is easy to think of its huge volume and strong professionalism, and there are large technical barriers and resource barriers. Therefore, there are few participants in the integration of blockchain and traditional industries. Having recognized the current situation and trend of the industry, Echoin does what it is good at and does not compete with central enterprises like petrochina. Instead, the goal of building a decentralized energy trading network is achieved by providing a block chain infrastructure and technology solution as the entry point.
In terms of partners, Echoin has not only reached a strategic cooperation with the domestic automobile gasoline-electric service giant zhuobang. Through the use of blockchain distributed network, decentralized storage and trust mechanism into the energy trading mode of owner state, to solve the obstacles in its user payment system. At present, the universal sharing and exchange system created by car owner bang has covered 300+ cities, 10,000 + gas stations and 200,000 charging piles.
In addition, through the introduction of the British energy agency, it has conducted business cooperation with more than 40 companies. In cooperation with the French power grid, Echoin USES the transaction system on the chain to solve the problem of information opacity in the process of micro-grid entering the public network.
Despite the early days of the blockchain industry, there are plenty of solid projects with Echoin\'s technology. How Echoin has been screened by OKEx, one of the three exchange giants, and has remained stable and continuous growth after being launched. We\'ve been able to dig out the incubators behind Echoin.
/3/ behind the incubator
Echoin is incubated by engine capital and gold krypton capital. Engine capital is an investment institution less than three years old; In 2017, I was deeply involved in more than 20 projects with a stable market value among the top 50. Also in 2018, the exchange value Taiwan dollar tuyere, decisive entry. In 2019, engine capital follows the IEO boom of the exchange. Apart from participating in the first three IEO projects of coin \'an, OK\'s recent star project Echoin is the deep incubation. Meanwhile, in the later stage, the engine also helps Echoin to dock with a number of well-known Token funds in the circle, such as gold krypton capital, creat capital, ba-wei capital, Ben rui capital, imagination Fund, etc.
In terms of marketing promotion, Echoin\'s official media partner is industry head media ears finance and economics. In order to comply with the development trend of blockchain industry, ear finance is transformed from its predecessor technology media \"IT ear\". Its blockchain 108 will is a blockchain from the last round of the bull market has been continued to the present all circles leading figures interview column, in the beginning of its birth in 2018 has been well-known in the circle, at that time almost every day there are many leading figures in the circle reproduced its article. However, in 2019, the company will continue to build its own content brands by launching a new program named romance of three peaches, which records the wealth and glory of the coin circle.
In addition, preaching for the industry in the bear market, ears of finance and economics also successfully held three \"blockchain long march\" national activities this year, is also the first to do a few institutions nationwide. In addition, ERA FUND, an investment institution under the ear ecology, is also making continuous efforts to reach strategic cooperation with a number of investment institutions within the circle. According to insiders, ear finance\'s second EBTC technology and applied ecology conference is also under preparation, will soon be landing.
Echoin has never been known by the public to become famous in the industry. We know that the shaping and operation of its brand is inseparable from the blessing of pan haixiang, founder of ears finance and economics. After chief scientist Gavin of Echoin was selected into the star program \"block chain 108 will\" of ear finance and economics, he has also carried out online sharing in the famous media in the industry such as bull market finance, alpaca block chain, carbon chain value, bo chain finance, deep chain finance and so on, harvesting a batch of early followers and believers of Echoin.
We spoke to pan haixiang, founder and CEO of ear finance. Pan haixiang said, the industry is still in the early days, the current users of the industry on the project awareness and discrimination are very inadequate. For the healthy development of the industry, as the media has an unshirkable responsibility, we need to publicize the real valuable projects in the industry. Then, with the recognition of investors and capital promotion, the sustainable development of the project will play a positive role, which will affect the whole industry and benefit all participants.
With the continuous iteration of technology and the gradual improvement of industry infrastructure, the development of blockchain will only be more and more landing; Not only will resources and talent converge on the industry, but investors are also starting to pay more attention to the long-term value of projects. In the future, only in addition to excellent technology, projects with equally excellent market brands are likely to survive and continue to bring value to investors.