HetaChain

Kyc passed. Strong team of advisor and members. I can see that they have ambitious goal and if they succeed, would be pretty outstanding. However, i believe more improvements can be made on the whitepaper in terms of tech and business use case.

In itself, it’s a good project. Problem is with it’s ambition that doesn’t match with the technicals. The technology doesn’t standout in the current space relatively - bearing in mind whitepaper protocol projects are binary in nature in terms of success. Many areas of representation can be improved greatly to truly match the serious raise they are going for.

“Sultan Lootah occupies the role of the Chairman and Ceo of Hetachain and Managing partner of vault investments, sultan lootah petroleum, chairman of Emirati- Norwegian chamber of commerce in Oslo as well as the chairman of vietgate General trading he was CEO of the Mohammed bin Rashed Al Maktoum foundation from October 2012 to July 2014 and he handled the role of Acting CEO and the Executive Director of Entrepreneurship Development at the Mohammed bin Rashid Al Maktoum Foundation from 2008-2012.”

With the Chairman’s leadership, this project will easily raise the minimum softcap to deliver the third generation blockchain.

All the best!

Business team is good but I doubt team's ability to deliver so called Blockchain 3.0!!
Whitepaper is poor - seems like talking about same things read many places and more than half of the whitepaper covered by team!
No MVP and raising $520M is in-sane!!
$100M soft-cap in this market is almost impossible!
I would like to see some solid progress! I don't see any ROI for investors.

They are aiming for the next and further industrial revolution. They have their own block chains, Under consensus algorithm, every stakeholder can vote or unvote for master node through a continuous approval voting system. If your own network is scalable, and that alone has the power to change the market I think.
Also, hard caps are huge, but they have assets. Also, do not forget that EOS raised 4billion. For this size project, this hard cap can not be said to be that big.

I didn't see a team with skills for such projects.
Not a structured WP which 50% consists of a team description.
There aren't clear advantages of the technologies you describe in WP yet.
The project hasn't MVP.

Interesting concept will be hard to reach hard cap of five hundred million ! They are committed to fixing the problems in current bkockchain of scalability, security and decentralization. They will need a very vibrant community for certain

I thought we were at Blockchain 1.0 and they are already coming up with Blockchain 3.0, or whatever that means. I doubt if their team can pull it off and they don't even have a MVP yet. $500MM hard cap is absurd. All the best!

Disclaimer: This is my independent review on this ICO and does not constitute any investment advice. ICOs are risky, kindly do your own research before investing.

Very impressive team but they lost me at $500 million hard cap.

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

Good team, I like the vision and where this could go, but I am not sure about all the bold statements they make about the project. $500m hard cap seems high to me, but looks like they are off to a good start. No MVP



Do your own due diligence on anything you invest in

Hype is great. 60k on telegram, 38k on twitter. Positive +

Advisory board is strong. Positive +

There isn't information regarding token allocation. How much is allocated to contributors? Neutral +/-

$520 million hardcap is ridiculous. Very negative --

Blockchain platform and no MVP. Very risky and negative --

Roadmap is initiated very recently. Negative -

Whitepaper is weak, flooded with team profiles. Negative -

This is the first time I see this many co-founders on the same team. Some are very experienced and probably wealthy people but not even a bit on blockchain. I don't think this is good. Being an investor but not understanding from this business is a drawback. Negative -

Well, Blockchain 3.0 should address exactly the following issues: scalability, interoperability, privacy, governance and sustainability. What Hetachain is trying to achieve is actually hang with the actual high rollers of Blockchain 3.0: Eos, Cardano, Zilliqa, ArcBlock and Aion. Let's say it will be at least hard for them to challenge the above competition, but nevertheless not impossible. I consider the soft and hard caps kind of exaggerated, however the project is ambitious and will definitely need the funds to hire developers, servers, office buildings, as well as develop hardware, as they have it all in the roadmap.
What I am not a big fan of is also the country the project is registered in: Cayman Islands. I believe Switzerland would have provided more credibility for such an ambitious project.
What I like: well thought project, detailed whitepaper, nice website and it can be seen that overall this is not a cheap project - money have been invested so far, so it is a sign that investors understand that in order to raise money, you must first invest some money.
Please note this is not financial advice, but I think this project will either be a huge success, either a major fail. I don't see a middle path for it.
As a fun fact, I think the presentation video might be the most bass-heavy ICO video I've ever seen. This is a sign that it actually cost a lot of money, as it is "too" professional and contains a lot of movie style clichees. But still, it means that the team is serious about it and cuts no expenses.

If their project succeeds, the block chain will make a further leap. I think that there are so many competitors, but since it is a project that has excellent members, I think that I can expect it.
In addition, I am looking forward to releasing MVP, which is discrimination against other projects.

Not really convinced and impressed about any of the statements.
Many other concepts have been building or have started building a similar infrastructure; so the basic concept is a bit old.
I have a lot of doubts with regards to these type of concepts that need/or raise ridiculous amounts of money for concepts that don't really need it.
Please do your own due diligence before any type of investment and always make sure you invest the money that you can afford to lose!

I dont know if you could name HetaChain as a Blockchain 3.0 just because you want to solve the scalability problem and because you use a different consensus algorithm. For me it sounds just a bit of a better version than Bitcoin or Ethereum, but also Bitcoin and Ethereum will solve the known problems. I like that the website looks very professional and also the marketing is well done. But if I watch on the RoadMap it seems that you want to achieve your goals in a time which is nearly impossible. But that we will see. The team is not known and I dont know if you have the experience to achieve this broad project. You need a little bit more of advisors from overall the world, not just from arabic and asian part of the world.
But as whole I like the idea and that you want to reach the future already today. And it seems that you have already enough funds to do a good ICO.
Its difficult to rate this project, because it looks very impressive, but it could be also just a funny idea, because that what you want to achieve is a huge project and you have nothing there than just an idea. No MVP.
I hope for you the best and that you will proof that your vision will come truth.
Good luck.

A solid team in the business field, but less in the field of technology / blockchain.
Interesting & ambitious project but the whitepaper is unclear and does not sufficiently describe the qualities of a blockchain 3.0, no MVP.
Soft cap and hard cap seem unachievable considering the current market, I look forward to see the progress of this ambitious project!

I have been checking about this team carefully , they are very reputable, former Ceo of large fund, UAE prince, IT director of the UAE health ministry, many successful businessmen ... the total assets of them are probably tens of billions of dollars, this project too easily succeed. MVP, not yet,but you don''t have to prove to people like this. Despite Telegram does not even have a wpp, they have called for over 1.7 billion usd ...

The idea (problematic) is clear and relevant. But there are already a number of projects focused on blockchain scalability and they had less hardcaps.

The team and advisors have excellent experience in the business field. It can be seen that they are able to bring the project to life, but only if they will hire a suitable technical command.

Tokenomics is clear, it’s great that more than 50% of tokens go to sale (ICO+private/pre-sale). Usability of the token also has a place to be, not a utility token.

Of the minuses or incomprehensible moments:

1) There is no prototype in public access. The product will be only after ICO.
2) I did not find information regarding the amount of the fundraising. It is written on ICObench: Hard cap - 520 000 000 USD. If the information is correct, then this is definitely a minus ... or at least explain the reason for such huge amount?
3) I did not find information about existing partners who will use the network for their own purposes.
4) No information about bonuses for private / presale

What they tackle is the global industrial revolution, this is the significance of the existence of the block chain. A solid road map and a token balance are profound with professional team members. Partners are also solid, global.
Everyone is shallowly trying to solve with ERC 20, but this project develops its own project and is trying to accomplish what is necessary for the world.
And their even more wonderful thing is the ecosystem. Heta is building an ecosystem accepted all over the world.

They say they have an MVP available, however, when I clicked on the link it redirected me to the homepage of the website so basically they have no MVP. Therefore, since I cannot test the product, I cannot provide a full rating as I am unsure of how this will work and it is not good to provide fake leads.

Their team is rather small. Their advisory team almost outnumbers the actual team. I would suggest them to enhance their team.

As for the vision, it is not quite unique, however I wish their team the best of luck!

Providing blockchain 3.0 need top Experience in Blockchain Industry and In my opinion i Dont see any potential to deliver blockchain 3.0.
about whitepaper which is very poorly written. hardcap and softcap is insane 100M ?
about MVP no MVP is ready yet ... how this can be mvp link - https://heta.org/ ??????

The fact that the team is looking further than just 5-10 years to develop a new updated Blockchain platform is good but difficult to accomplish. Scalability is a problem yes, but so many other projects are actually using a similar concept and infrastructure to solve this ongoing problem. So if this team is aiming for the next industrial revolution and bring Blockchain 3.0 to society they will have to firstly show us an MVP that will convince us of all that’s been stated in the WP.

The issue of scalability is well known within the community, recently co-founder of Ethereum mentioned that this will take time. So this is an ambitious proposal that this project aims to solve this issue with ground breaking technology ahead of the likes of Ethereum.

Ofcourse anything is possible but as it stands the whitepaper is basic, no MVP, no quality talent in previous blockchain projects, tokenomics within the ecosystem are not present and hardcap is significantly high without no real explanation.

This is a good idea, I like it.

There is a long way to go from just an idea to an actual product however and at the moment the whitepaper is lacking specifics to show this can be achieved.

Yes there might be some money backing this product, but without the right advisory, guidance and execution, this could just become another story, rather than product.

I wish all the luck, however some strong talent needs to join this start up, its not just about having money.

Disclaimer: This is my independent review on this ICO and does not constitute any investment advice. ICOs are risky, kindly do your own research before investing.

This ICO has potential, however, their team needs more members for this to happen.
They are misleading people by putting the website link in the MVP section as they have no MVP from what I've seen. Please correct this aspect.
Their vision is not quite original as some other projects already made higher versions of blockchains. However, only time will tell if they will succeed or not. I can only wish them good luck!

First, The team is mostly from UAE and VietNam. I have reviewed their background. They all have strong business field in many aspect like real estate, finance, investment,.. So it's mean that they have a strong buisiness mind and strong finance ability. So the team is quite good. But recommend they should find some experts from around world more to give some of the best advice for you guys

Second, The vision of creating a Blockchain3.0 is awesome. So their ambitious is big. Their aim target is to become another EOS,BTS . So this is the reason I understand why their hard-cap is: $520,000,000 . Strong dreams cost lots of money. That's easy to know

Third, About the product, I have tried to find your MVP or some demo code for building blockchain 3.0 but couldn't . So I hope that you guys should public soon. I know their is still in development but you need to get your investors be a part in your development. They will feedback and give you some advice to produce a good product in a shorter time.

The strong point of this ICO is the huge team behind the project.
However, I have some doubts concerning the technology behind and the Whitepaper is lacking concistency.
Moreover, they don't have an MVP ready yet.
I believe that the hard-cap should be the soft-cap in this project.

The team describe a ambitious project for us which needs a strong team & great implementation capacity,but it seems like a fake one which can not deliver real value for us.

Team: almost all of them are "cofounder"& no specific responsibility, some of them even just with a photo & name, no any social network account, vice chainman linkedin profile too simple to be believed.

Advisor team: only one of all of them put Hetachain on his profile, Four of them with only photo & name, which is not serious for investors.

Milestones:Put all the things into a big period time, like planning by Quarter, not weeks and months based.No update for those the date have already passed.

The white paper, we did not see much innovation & revolutionary idea on the 3rd generation publich chain will be, also one of the most important part is consensus algotithm, now the mixed part is coming. what is their advantge & disadvantage and why should they will succeed.

Generally, I do not think their dream can come true, so be careful when you are planning to buy the token from them.