Review on Etherparty by Robiul Islam
It build accessible blockchain-based platforms that help you exchange money credibly and transparently with speed and accuracy.
EtherParty is targeting some different sectors in this space that open up to their competition, but it is always going to be part of the deal. Legal Responsibility Developers can present safe smart contracts during development and negotiations are underway in connection with a serious error in the agreement, these agreements should be used in major ways such as enterprise applications. It's a developing place, so closely watch and do your own research along the way.
Updated 5 years ago
Rating changed from 4 to 3
In the last review I didn't write anything about re-branding!
Etherparty rebranded about 6 months ago from Etherparty to Vanbex Labs. May 1st, Vanbex officially released its new token issuance platform called Rocket 2.0. Currently, Rocket issues tokens on the Ethereum and Rootstock blockchain protocols.
Rocket enables security token issuance available for people without any blockchain knowledge: it offers a web environment where issuers may set up their project, fill out the offering dates and build their landing page and deploy it on the blockchain without writing a single line of code (currently, Rocket issues tokens on the Ethereum and Rootstock blockchain protocols.
Pros
- Etherparty is commonly known as BAAS (Blackchain as a service) for the Blackchain Projects. The advantage of blockchain technology became more evident to organizations and organizations around the world, they would eventually like to join. These companies often have no experience with Blockchain and at the moment developers are not familiar with coding languages such as Solidity etc. as an HTML or PHP developer. EtherParty projects help in gap bridges here by providing their services in exchange for their use of tokens. Clients will have to use FUEL token to perform various tasks on the EtherParty platform, which will encourage the token to be a real utility to buy, use and hold a great utility and tokens.
- EtherParty does not start here from the ground. Like other projects in this region, the project has been derived from the more central BAAS business model. In this case, Vanbex Group. The Vanbex Group advises on digital currency, blockchain protocols and sold technology. Works with Enjin, Factom, Storj, Dash, Augur and many other well-known Cryptocurrencies projects, they are not well-known about the concept of a well-planned token / business model and marketing to the broad audience. If you need to do something to accept EtherParty, this is a well experienced marketing strategy and from what we can see, the VANBEX group is the best option.
- The team behind EtherParty is highly suitable. If you are looking for a project with a team fully capable of blockchain Technology, EtherParty has it packed up. Works with blockchain technology with organizations such as the mastercoin Foundation, Ethereum and The Vanbex Group until 2013. Kevin Hobbs (CEO) has been with The Vanbex Group since 2015 and is involved in the supply of strategic business consulting and marketing programs for the early stages of the Blockchain industry and for the assistance of the industry.
- Security test is a matter that is clearly necessary for smart contracts. I have seen what can happen because of poor coding in smart contracts or bad actors. It is safer for businesses to have easy access to smart deals with pre-made templates and drag-and-drop builders as etherparty, and more important than ever before the audit code. EtherParty has covered this, already have their smart contracts audited and received by CoinFabrik and Iosiro.
Cons
- I have no real major concerns. If i have a major concern, then it will be with the long-term project for the stability of the dominant smart contract platform at Ethereum Blockchain. We all see how Ethereum can make a suspension under load and, unfortunately, it continues to reduce all the activities performed by various decentralized applications running in networks. Until we come to see the Ethereum Upgrade as Sharding, the projects like EtherParty will be held back by this barrier. EtherParty is not a huge concern for the project itself.
- Companies and organizations are becoming more interested in Blockchain technology as this place is becoming more and more populous. There is nothing wrong with the competition in this sector, but it was not as rare as a few years ago. Waiting for more teams to enter this place at the top of the Ethereum Blockchain or other Smart Contract platform.
