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Review on Ardor by Emily Johnson

Revainrating 5 out of 5

Reviewing Jelurida's own Ardor, one with a fast growth rate

img 1 attached to Ardor review by Emily Johnson

Virtually everyone in this world must have enjoyed what psychologists call the "Parental Care." The same group of Physiologists made this term, Parental Care, clearer for us to understand. They said Parental Care is not usually rendered by Parents alone, that's why some people have a specific couple or parents they refer to as their god-parents. Taking a look at the group of people who might have lost their parents due to one unfortunate thing or the other, one might begin to wonder if they have ever enjoyed this "Parental Care," well, this set of people tend to enjoy care from their "Foster Parents." These are people who adopt children from the Orphanages or pick up little ones from anywhere and shower then with as much love as they would shower their own children. Foster parenting is common among couples who are not lucky enough to have children on their own and take adoption as a "second plan."

Reading through all these story and context about Parental Care, one might begin to wonder what I would be reviewing today. Well, I won't be talking about Parents directly or the many benefits we get from them. I would be talking about a company in the blockchain network which fills in the post of a Parent for other little projects coming into the blockchain network. Just as I have said earlier, Parental Care is showered upon you by people who are your parents only. This happens to be the exact case of the company I would be reviewing today. They don't just "Parent projects that they establish. They take good care of virtually any Project, all you have to do is to ask for that "Parental Care." This company is known as Ardor, therefore, I would be reviewing the Ardor project today.

Going away from the story of parents, allow me come close to the Blockchain network and projects found there. We all know that before a solution is termed a solution, a problem must be available for it. A solution can never be a solution until it solves a problem. This explanation brings me to the question: "What problem is Ardor trying to solve?" Many Authors on this platform and some Readers across the globe must have had, at least, a glimpse of idea of what the Blockchain is all about, the benefits we enjoy from using it, and the problems associated with it. In this context, I would be dwelling, majorly, on the problems because this is how Ardor is related to the Blockchain network (this is the problem it's trying to solve). But before dwelling so deep into reviewing this platform, allow me give a general overview and history of this great Project we all know as Ardor today.

Ardor is a project that have started operating for quite a long time now, in the year 2013 precisely, the Ardor Project was founded by a team known as Jelurida. These team were able to come up with an Open source Blockchain platform known as NXT, as a matter of fact, NXT was the first of their productions from Ardor. Records has it that NXT wasn't that much of a Success as the ICO (Initial Coin Offering) they held raised a mere sum of $6,000 (six thousand dollars). This didn't stop them at all as they have remained optimistic ever since and now. Today, they have been able to come up with greater Projects like the popular Ignis child chain, Ardorgate (AEUR) child chain, Bitswift (BITS) child chain, Max Property Group (MPG) child chain, and Triffic child chain. They have even promised more with time and seems to be heading towards greater Success.

Each of these child chain seems to be doing really great, and I would be looking into each of them carefully for better understanding.

1. Ignis (IGNIS) child chain: it is the main child chain on the Ardor Blockchain network and had its foundation at almost the same time as Ardor itself.

2. The Ardorgate (AEUR) is another child chain that is focused on making a bridge or connection between the world and the Blockchain technology. They have been able to make this possible by having the AEUR token pegged to one of the most popular Fiat currency in the world, Euros. In essence, one AEUR token is equal to €1.

3. The next one is the Bitswift (BITS) child chain. This is one that is owned by a company known as Bitswift Technology Solutions Inc. The company is based on brand recognition and to do this, they have allowed payments or transactions with many currencies, examples are: BTC, NXT, IGNIS, and of course its own token, BITS. The company is best suitable for little start ups that wants to be recognized.

4. The next one is the Max Property Group (MPG) child chain. This one, just as its name sounds, deals with properties. Their services are reliable, offered by professionals, and of good standards. They help in Property investments, Financing, Listing, and Management. Their local token, MPG, helps sustain the community.

5. The last one here is the Triffic child chain. This is one that helps promotes travelling. It helps build up the interest of people in travelling by rewarding anyone in their community for travelling and Treasure hunting in cryptocurrencies. I don't think they have their own token yet, as I'm yet to find any, leaving them with the local token for Ardor and other ones like the NXT and IGNIS. On their platform, one can also purchase virtual properties, if interested.

There seem to be one major thing I love so much about the Ardor project. This is due to the speedy rate at which the project has grown. Most investors, if not all of them, love a project that grows fast and has the effect of this growth visible, I guess this must have been the reason why most investors love the Ardor project too.

Take a look at the projects token. About a year back, or lesser than a year, the token had a market value that wasn't too compelling. This really had a negative effect on it as no one would like to have anything doing with a stagnant project. Looking at the value now, one can say its growth has been fast and significant. Not minding how much and fast it has grown, better growth is still expected, we do hope the founders continue the good work they have started. It is usually said and believed that it's more difficult to retain than to maintain success, let's just hope that don't be the case for Ardor

Pros
  • Their growth has been significant and fast
  • The founder of the project, Jelurida, has been in existence for a while
  • They have been able to be the master mind behind some great projects
Cons
  • None for me yet