Header banner
Revain logoHome Page
Mertcan Ölçer photo
Eskişehir
1 Level
5 Review
54.75 Karma

Review on Ethereum by Mertcan Ölçer

Revainrating 5 out of 5

My Ethereum Review

The purpose of this analysis is to execute an objective and quantitative evaluation of the Ethereum network. Why? Ethereum’s token ETH price has been in a spectacular free fall for the past few months. From a high of over $1400 in January 2018 to the May push to almost $800, ETH has now reached lows around $240. This surprising price movement made me want to reconsider my thoughts on Ethereum again from scratch and without emotions.
In addition groups are targeting the Ethereum network with a negative campaign using the same strategy they used against IOTA in the past as you can read here. I therefore would like to make my own opinion.
I would like to present my background so that you understand my point of view. I have been in the currencies business for 10+ years. I built a business around market making, high-frequency trading, brokerage tech in currencies with 5 offices around the world and trading $100bil per month. I also built Luna Cap Ventures: making venture debt loans to early-stage companies. I also built companies from scratch multiple companies in fintech, craft breweries, augmented reality, etc. I am an engineer and scientist by background (a diploma from MIT among others). My bio is below if you would like to learn more.
Also as a disclaimer: I believe in the opportunity offered by the Ethereum network. I participated in a few ICOs. Some of them are the PIX token which I run , First Blood (1ST token), Air Fox (AIR token), etc. However I try to re-evaluate the pros and cons of projects I am involved with regularly to make sure my decisions are logical and objective.



Pros
  • Leverages blockchain
  • Functionality
  • Colossal community
  • Per day traffic
Cons
  • Sluggish transaction speed
  • First-mover disadvantage

Similar reviews