In this article I will be looking over some details of my top picks for upcoming Chinese only ICOs that, in my opinion, should do well when they hit the market. We will be investing in these ICO’s for the next market cycle during these current bear times.

I have always held a diverse portfolio in crypto during alt seasons, and have always felt the need for a decent percentage of that held in Chinese only coins and ICOs. The reason for this is simple, because they can reap extreme gains in a very short span of time when they catch the public eye. Coins such as NEO (formerly AntShares), RedPulse, WaltonChain, Tron and many more have all mega mooned out of nowhere — this has always been the case for the majority of strong Chinese coins.

I will be listing coins that are either still relatively on the radar, or still in stealth while they prepare for their public sales. These ICOs are not listed any any specific order, I am bullish on all of them. A famous quote of Warren Buffett, one of the world’s most famous investor comes to mind:

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.”

― Warren Buffett

Well, I think we all can agree that the greedy times are over and that most people are fearing losing their life savings due to bad portfolio management.

¤ If you are interested in more daily ICO reviews, make sure to follow me on Twitter: I review and publish ICOs daily! ¤

1. GameChain (GCC)

Image courtesy of GCC

Links: Website, Whitepaper, Telegram, Twitter

GameChain aims to be a scalable all-in-one gaming ecosystem based on a proprietary blockchain forked from EOS in the near future. It’s good to see a Chinese gaming project coming out, as the current potential for blockchain in the gaming market and the scope for future growth is simply immense, especially in China.

In this platform, developers will be able to run crowdsales for their games (for a fee significantly less than others like Kickstarter), use the developer suite provided including on-chain smart contract tools, have their game played and reviewed by community members, have in-game items and even the games themselves tradable across the platform. These features allow for accurate records, fair rewards, and true ownership of ingame assets. All of these will be using the GameChain network and the GameChain Credits (GCC) token (stable tokens and cross-chain interoperability will also be used for this, though the details have not yet been made fully clear.)

Token Info

GCC will be used to power transactions on the network. There is not much depth on the very specifics of how tokens will be used and how their velocity will be handled (i.e. Do a certain amount have to be held by users?) Nevertheless, if this is an EOS fork, we can speculate that they will be used for Masternode rewards as well (unconfirmed), and therefore Masternodes will require large holdings.

Image courtesy of GCC

Beyond the utility of the token, there are also big incentives given for buying early and holding GCC, which could certainly help the exchange price of the token and take a lot of the supply off the market. The bonus comes in two forms: “Last man standing” which ICO buyers/holders get, and general holder rewards which everyone gets.

The last man standing pot is 10% of total token supply, and is airdropped monthly to ICO participants who have not moved/sold GCC. These rewards increase with a greater bonus multiplier (discussed below) and when other holders sell (the pot rewards are divided between fewer people) for a period of 2 years. The regular holder rewards come on top of this, and are a way to increase token supply slowly over 2 years by giving it to all holders.

There are no outright bonuses for buying early or buying big. Instead the team offers more bonus tokens through the last man standing program, and only to those who can provide extra value to the success of the project. An example is by doing a good Youtube review, you can become Level 4 and you could get 40% more Last Man Standing rewards every month, combined with compounding holder rewards. All of these provide a pretty big incentive not to sell.

Image courtesy of GCC

Roadmap

With mainnet planned as early as January 2019, this roadmap is stacked for the coming year and provides some hope that holders will not be waiting years to see a finished product.

Image courtesy of GCC

We never tend to trust roadmaps but this promises a lot, and with such a large team working on the project, it may be possible to achieve.

Team

The team totals an impressive 35 members, with the senior team members bringing plenty of experience to the table. Over all they seem to line up decades of experience in gaming and technology industries, and have found blockchain expertise necessary to break into this space with a viable product.

Image courtesy of GCC

Advisors and Partners

This project is the newest of the bunch therefore at this time, all partnerships and advisory roles they have established are yet unclear. They do however appear to have the backing of at least 2 VCs, and a partnership with EOS Gravity (crucial for developing anything EOS based and marketing it to the community).

Overall

GameChain looks good overall. They are positioned to take advantage of the massive Chinese gaming market while riding the blockchain hype. The biggest point in favour of this project however is the unique holder rewards and “fight to the death” style of bagging the biggest rewards and bonuses. This will be very interesting to see from a game theory perspective. A large amount of psychological pressure will be placed on the buyer in order to hold and get rewards, but in addition to that, selling tokens means those rewards will go to somebody else. I don’t know the full effect this will have but it is very likely to reduce sell pressure and make it much easier to go up on exchanges when the time comes.

2. ElonCity (ECT)

Image courtesy of ETC

Links: Website, Whitepaper, Telegram, Twitter

ElonCity is a decentralized power-sharing infrastructure for community-based renewable energy, where the system can connect to a larger grid or form self-sufficient “micro grids”.

The mission is to create local community DC power grids (DC being more efficient and requiring less maintenance than AC) with a combination of these technologies:

Local customer-based renewable energy Production (i.e. a solar panel on your roof)

Customer-based intelligent battery energy storage system (BESS), networked to others in community

A high performance Ethereum-based blockchain solution and utility token for transacting energy with an auditable record, which also serves to incentivize further investment in BESS.

This comes together to form an efficient energy exchange platform, using AI-based algorithm that determines price equilibrium on a local energy network, based on energy supply/demand in any given area.

Token Info

The ECT token is used as the medium of exchange and a store of value. On the exchange side, community members buy energy from producers with ECTs or sell surplus produced energy for ECTs. The tokens are a store of value because each BESS device in a community needs to reserve sufficient ECTs equivalent to the value of its energy capacity in order to participate in exchange i.e. customers must hold tokens in order to participate, and a bigger network means more tokens held.

Until the network reaches its target (one terawatt-hour of newly harvest renewable energy stored in BESS), ECT tokens will be mined by customers producing energy and storing it in their BESS (rewards for every one megawatt-hour produced and stored). 32% of the token supply will be mineable in this fashion, with diminishing returns to incentivize early adoption.

→Total Tokens: 1,000,000,000 ECT

→Tokens Being Sold: 320,000,000 ECT (32%)

→Mineable by customers: 32%

→Team: 7.5%

→ELONCITYLab: 14.5%

→Marketing: 14%

→Hard cap: $33,000,000

→Seed Round: $6,000,000

→Private Sale: $19,000,000. 10% token released per month, 10 times, total 9 months. First 10% released 6 weeks after completion of public sale. Contribution limits $200,000 — $600,000

→Public Sale: $8,000,000. All tokens released 6 weeks after completion of public sale.

→1 USD = 9.8 ECT (Only ETH and BTC are accepted, value will be pegged to USD listed on the CoinMarketCap on the day of the contribution. Contribution starts from $200,000 USD and maxed out at $600,000 USD, 15% off discount applied).

Roadmap

Courtesy of ETC

The roadmap is quite extensive, but I have included the parts covering approximately the next 2 years.

Team

Courtesy of ETC — 4 major team members included — please check website for the others

The leadership team of course have a massive amount of experience in the areas of networks, big data and energy. I recommend that you check them out for yourself.

Advisors and Partners

Courtesy of ETC

This team have gathered advisors from Tencent, Alibaba, NVidia and leaders in the blockchain industry, as well as an impressive list of investors. Over all it seems they will have an enormous amount of help getting this off the ground, and the token has a good chance of proving successful.

Overall

This project is very impressive in scope, the tokenomics have been thought out well, and the team and advisor list is a great bonus in their favour. The faults I would give it are lack of clear bonus structure for the team, and potential for issues with the token price/tokenomics while the network is not yet off the ground, as their chief driver of token price will be a widely successful network holding ECT in their storage units.

3. MultiVAC (MTV)

Courtesy of MultiVAC

Links: Website, Whitepaper, Telegram, Twitter

MultiVAC is a new “next generation” public blockchain platform aiming at handling true large scale Dapps. They claim to solve the scalability issue in blockchain with their sharding mechanism, known as Verifiable Random Functions (VRF). Similar to QuarkChain and Ziliqua, this project is pushing for massive transactions per second compared to traditional blockchains.

As there are inherent tradeoffs and problems with decentralized computing at scale, developers on this platform will be able to select settings in the MultiVAC Virtual Machine (MVM) in order to decide how their DApp functions. The options include security level and gas required for transactions. The size of the shard used can be set by the program developer, thus using more nodes gives higher security and less nodes gives greater throughput.

Their Whitepaper is extremely in-depth and I recommend a read if you are technically minded and interested in MultiVAC’s current solution to the scalability problem.

Token Info

As expected, the MultiVAC token (MTV) will be the means of transacting value within the network, rewarding storage, computation and transmission of data among nodes, with greater rewards for those participating in multiple tasks.

Sadly this is about all that is known. The sale metrics, hard cap, amount sold, bonuses, more tokenomics and other information are still private and have yet to be announced by the team, so this cannot be included in the review.

Roadmap

Courtesy of MultiVAC

With a testnet scheduled for Q1 2019 and a mainnet scheduled for Q2, we potentially do not have to wait long to see how this project fares in the wild and on the market. Of course, delays are very common, but being ambitious can be good. This roadmap still puts them behind the schedule of Zilliqua and Quarkchain however, who could potentially get the first mover advantage of the next generation if they stick to schedule.

Team

Courtesy of MultiVAC

The team (which currently has 13 full time members) has a large amount of experience in this field and are clearly very talented. Represented are former senior engineers from Tencent, Alibaba and Google, and researchers from prestigious universities.

Advisors and Partners

Courtesy of MultiVAC

Although their established partner list is lacking, MultiVAC has gained investments from multiple crypto funds and does have connections within this space. A key factor in their success will be the onboarding of DApp developers, and this will require strong partnerships, faced with the competition of Zilliqua and Quarkchain for developers. Advisors include Roger Lim (a well known figure in the blockchain space) and Yang Jun, Chen Liang and Lai Binqiang (creators of numerous successful companies).

Overall

Despite the missing tokenmetrics and less-than-satisfactory mechanism by which the token could increase in value, I still think this one is guaranteed to be a heavy hitter, if for no other reason than “fast chains” are currently in season. The strength of their team adds to their probability of success. MultiVAC no doubt has the attention of big VCs who likely know a lot more than has been released publicly so far, and who clearly like the project, so stay tuned for more info.

4. Adrealm (ARM)

Courtesy of ARM

Links: Website, Whitepaper, Telegram, Twitter

Adrealm is a double layered (on and off) chain network that aims to rebuild the digital advertising ecosystem and cultivate a self-sustaining open ecosystem for all participants to achieve advertising efficiency. Their goal is to provide a smart solution for problems such as fraud, inefficiency, user-information security and more for the hundred billion dollar advertising market.

Token Info

Adrealm are issuing two types of token, aiming to avoid the price volatility of ETH for the greater workability of their system.

ARM — Currently an Ethereum-based decentralized blockchain digital asset based on the ERC20 token standard. With the rollout of Adrealm public chain, this will be reflected on the public chain on a 1:1 basis

AUSD — A static token with the rate of USD 1:1 guaranteed by Adrealm (AUSD is a deposit mechanism — see below). AUSD cannot be circulated in the public marketplace and is only used for transaction-recording and tracking purposes. AUSD is created when ARM is converted to AUSD and destroyed when converted back to ARM.

Their ARM token is directly pegged to ETH and will be purchased from the open market. When an advertiser creates a smart contract for their needs, the ARM tokens are converted internally into AUSD, and freezes the converted AUSD tokens to ensure the 1:1 exchange rate.

Developers and service providers then receive payments in AUSD — which there on out can be exchanged back into ARM and sold for ETH again, on the open market.

Adrealm aim to recover and destroy/burn AUSD while also charging a small percentage of AUSD for transactional ‘gas’ fee. The tx fee has not yet been disclosed.

Roadmap

Courtesy of ARM

Public and offchain development should be starting within the next few months, and will be lasting until very late in 2019. This doesn’t fill me with much confidence for the longevity of the token price in between, unless they provide a more specific and up to date roadmap.

Team

Adrealm has 16 employees listed on their Whitepaper, but no LinkedIn profiles or images, so I will only provide an overview for their founder:

Courtesy of ARM

Brian Xie — Founder — A leading figure for China’s mobile internet overseas expansion, Brian led the Holaverse team in both publishing and operating multiple mobile applications, accumulating over 500 million overseas users and becoming the fourth largest developer on Google Play. In a year’s time, Brian brought Avid.ly from zero to one, becoming China’s largest export publisher for casual and casino type games, helping the business realize profit in scale. Brian is strong adept at conquering the overseas mobile internet market, bringing in-depth and acute insights. Holding prior multiple senior roles, Brian has previously served as VP for TCL China, Regional GM for HTC (Dopod), channel marketing for Microsoft China’s mobile business and senior sales director for Dopod.

Other members:

→Alix Liu — Partner, Product & R&D

→Will Zhao — Head of AI and Data Analytics

→Jack Chen — VP, Product

→Phillip Zhao — Director, Engineering

→Peng Liu — Blockchain Senior R&D Engineer

→Xian Wang — Blockchain Senior R&D Engineer

→Bi Hu — Senior Data Algorithm Engineer

Advisors and Partners

→Jian Sun — Founder of JLab Foundation and former partner to JD Capital

→Yan Gong — Professor of Entrepreneurship at China Europe International Business School (CEIBS)

→Morten E. Wulff — Founder of GameAnalytics, one of the biggest free analytics platforms globally dedicated to serving game developers

→Perry Jung — Chairman of Chainers and Blockchain Investment and CEO of Vision Creator

→J Ellis Cameron-Perry, PhD — A philosopher, writer, and market-strategist.

Overall

Adrealm has a very stretched roadmap with their mainnet aiming for Q2 2019 so for your long term portfolio, this could be an excellent pick. The team seems extremely tech savvy and they have an very strong advisory board along with all star investors lined up.

The general idea and use case is looking to hit the same direction as several other projects trying to disrupt the advertising sector. But due to the investors and advisors alone, Adrealm is definitely worth a deeper look.