Color is the next generation platform for high-performance sophisticated Decentralized Applications. At Color, we’re building a platform to host sophisticated dApps to attract users and build a community. These dApps employ human-centered design so non-technical users may adopt the platform. By removing the technical barriers to entry and making dApps easy, anyone should be able to use them. Think Color.
Color is the next generation platform for high-performance sophisticated Decentralized Applications.
Our key technology called Color Spectrum integrates developer partners on a decentralized high-performance computing platform to host their dApps. Color Spectrum allows partners to utilize the computing resources of the whole network for their dApps on our high-performance Color Spectrum platform with concurrent execution.
Blockchains are still reliant on prototype-level dApps, which are plagued by scalability issues. Color aims to revolutionize the dApp ecosystem by developing enterprise-level dApps. Moreover, instead of hosting a plethora of unrelated services on a single platform, Color dApps will be powered by a single unified cryptocurrency, the Color Coin (COL).
To accelerate spreading of Color Coins with an explosive network effect, the Color Platform uses unique Pixel Program where participants get incentives for their active participation in spreading Color Coin throughout network. The Color Platform is focused on the fair distribution and active usage of tokens to promote a vibrant token community. The Pixel Program as one of core dApps will serve the proliferation of Color Coin and the growth and strength of the Color Platform.
The Color Team has already been developing the dApp ecosystem with four dApps: Dailytto, Reward Inc, Color Design, and Color Guide and is in talks with various partners to rapidly expand their dApp product base.
Another revolutionary solution offered by Color Platform involves hardware, namely Physical Unclonable Function (PUF) chip. Powered by PUF-based transactions, Color Platform improves transaction speed by enabling consensus between only the two engaged nodes. This end-to-end consensus bypasses the need for third-party confirmation and minimizes the delay between transactions. Users can send and receive any type of transaction with minimum confirmation delay.
The Color governance system is at the cornerstone of Color’s strategy to become a dominant coin in the space. The governance structure is such that the decisions are made on the platform from the beginning and will evolve to fulfill ongoing needs to serve organic exponential growth of the Color ecosystem in fair and well-balanced manner among five major stakeholders: new users, existing users, stakers/council members, developers/maintainers, and Color network infrastructure providers.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
STO-ITO-ICO Advisory | Strategy | Decentralization | Commercialization Rated on Aug 23, 2018
5
4
3
18%
A dApp marketplace is nothing new, however starting a project with 4 dApps already built is testament to the strength and depth of this team. They have been together for a while and this pivot will be very interesting on their team dynamic.
The vision is relatively standard, and I'm interested in how it pans out. I do have a question over the use of micro-rewards (Pixels, in this project)and how they relate to the token - I understand how they relate, I wonder if they are 100% necessary? I like focus to stay on the token and for that to be the centre-piece of a project's ecosystem.
Not having a platform MVP is an issue for me, as I think this is critical for projects in this market. This rating would have been lower - however due to the dApps that have been developed, and the past experience of the team working together, it is at a 3.
ICO Advisor, Community leader and COO/Co-founder Krypt.ly Rated on Aug 21, 2018
5
5
4
15%
The project has a very big international team and a great amount of advisors. They have all the experience needed to make the project succesful. The biggest part of the team has an active LinkedIn profile with past experiences included. The Whitepaper is very detailed about what they want to achieve and they bring something new to the dApp-space. the Pixel program is very interesting. The first 4 dApss are already developed. Social media is also active. 62.5% of total token supply will be sold in the ICO which is high for industry standards which makes it more attractive for investors. This is a project with lots of potential.
Entrepreneur, Investor, ICO Analyst Rated on Sep 6, 2018 Modified on Sep 6, 2018
5
5
5
12%
Very strong and undervalued for some reason project.
Strengths:
-The Color Platform is reviewing various programming languages such as Java, Javascript, Python, Php, C#, C++, Solidity, and Go to enable easy development of dApps;
- Color Platform is in the process of POC with PUF (Physical Unclonable Function) chip. PUF chip has their own unique digital fingerprints that occur during the manufacturing process of semiconductors, and thus can function as a cryptographic identification mechanism capable of signing transactions directly with the other party and greatly increasing transaction speed.
62.5% of tokens are for sale during ICO period;
- Well planned Road Map;
- The Color Gallery will act as a hub for all the dApps on the Color Platform. Through the Color Gallery, users will have access to a broad array of decentralized applications and resources;
- Has multiple tiers: Terminal Node, Logic Runner, and Block Builder;
- Telegram channel already got over 45000 active members;
- Low anonymity of users during Pixel distribution is good for legal compliance;
- The Pixel Program prevents the unfair distribution of wealth;
- With PUF chip, lightning fast P2P transactions will be possible;
Weaknesses:
-Bad timing for ICO, weak investment market, investor uncertainty;
- Pixels are distributed only among KYC verified users, which decreases number of investors;
- Complicated technical details might scare away potential investors who are not familiar with heavy, blockchain and IT terminology;
- It’s difficult to convince dApp developers to switch from existing platform;
- Platform includes large functionality: Dailytto is a lottery-based reward app on blockchain, Reward INC. is a reward app that has level up functions to earn points that can be converted to Color coins, Color Design stores and manages interior related information on blockchain. Such a focus dispersion can lead to unfinished/bugged dApps;
- MVP is not ready yet; (I wanted to deduct at least one point for MVP absence, but after long conversation with Color team members I came to conclusion that product is worthy)
I always prefer platform tokens over dApp tokens because platform value can be leveraged significantly through success of dApps built on the top of it. This project has impressive team with strong IT background that could reveal full potential of this project. Colors has firm competitive advantage: Color spectrum technology. It consists of distinct tiers for data processing and committing data into blockchain, enabling high speed transactions and solving scalability issue observed in many other blockchain projects.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Base Color Platform with Service Layer and Colorchain Consensus(Beta);
Test Network for Partners on Hyperledger and Ethereum;
MVP PUF(Physical Unclonable Function) Chip Utilization in Colorchain;
Prototype Hardware Wallet;
Basic Software Wallet.
2
April 2019
Color Platform 1.0 with Color Virtual Machine
Color Platform 1.0(with Colorchain Test Network);
CVM(Color Virtual Machine) and Single Language for Chaincode;
Service Aggregator(Colorful dApp Store).
3
December 2019
Development Environment for dApps
Color Platform 2.0(with Colorchain Main Network);
dApp Development Environment;
Colorchain Development Environment;
Documents and Tutorials;
Debugging, Simulation, and Testing Facilities;
Advanced Color Wallets(with Personal Data Vault).
4
December 2020
Verification and Validation Toolkit
Static and Dynamic Analysis of Chaincode;
Smart Contract Composer with Templates.
Benchy