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Hello, community. We are glad that we have received so much valuable feedback on our project and on our landing page. Big thank you for your efforts.

 

As you may already know, Aerum aims to provide a complete and ready to use practical infrastructure for building and using dApps, while having fast and free transactions to end-users, high throughput, and on-demand scalability.

 

(If you haven't heard of our project, please visit our website & Litepaper to know more.)

 

Aerum team has already conducted a desk research about its competitors in the crypto sphere.

 

Now we would like to utilize the wisdom of the crowd to find out about hidden or unknown competitors which haven’t been involved in our desk research.

 

 

Please help us with the following questions!

  1. Which projects can compete with AERUM in the future? 
  2. How can we compete/ co-exist with such challenges?

 

We are looking forward to your contributions!

 
Order comments by:
giang nguyen | Posted 1 week, 3 days ago

1. Which projects can compete with AERUM in the future?
I think the crypto market now has a lot of competitors with AERUM, from small to large.
eg:
big competitors: TRON, EOS, ETH ....
Small competitors: IOST, ICON ....
You should split the strategy into several stages, be competitive with the Small competitors first. When it is strong enough, it approaches the big competitors. Hope your project succeed.
2. How can we compete/ co-exist with such challenges?
If theres something needed for taking these challenges, they should be elevating our brand, developing our system to be most optimal (speedy transactions, lower costs, strong security) and building a friendly, easy-to-use user interface.This is a factor that every network needs to reach its users!

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TheCrypto .Tips | Posted 1 week, 4 days ago

1. The most interesting project to compete with in my opinion is Blockstack, it's a decentralised browser running as chrome extension. In the world full of Web-Apps and now Web-dApps it is the most decent tool to use, but it is not so popular so far so the market is still completely open.
2. Will Aerum aims to implement a decentralised browser and allow developers to create Web-dApps? I think any project who will solve this problem has increased chances of becoming globally used

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Fred Blauer | Posted 1 week, 5 days ago

I believe that your biggest competitor will be EOS. They stackup very well in your comparison chart. What advantages do you have over their blockchain?

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Nastia Polika | Posted 2 weeks ago

1. There are similar projects for sure. One that comes to my mind is NEO which can be a strong competitor.

2. After AERUM ecosystem becomes fully functional, dApps that designed with working logic and appealing interfaces can get good amount of user base which can be later on get attention of more developers to develop better dApps and further increase user base.

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Havet Arnaud | Posted 2 weeks ago

1- Main competitors: NEO and ONT for the Chinese Blockchain are serious challenger.
ICON is your main competitor for smart contract in South Korea. EOS has a strong network now, and TRON as well. Cardano has a good future ahead, and Zilliqa are on good tracks.
2- Most probably the transaction speed and fee are both ultra important for mass adoption (actual problem with BTC as well as ETH, faster than BTC but still quiet expensive, especially when sending token...). A free cost is already a very strong achievement!!! But it's also free for NEO, IOTA....
Another important aspect will be on the facility to build smart contract on AERUM blockchain. ETH smart contract have a lot of problem, a major one is the possibility to create falsified token wearing the exact same name than famous coins. I was personally trapped by such scam with Gnosis, and got unofficial GNO token, of course without any value....
Therefore the level of control and security concerning smart contract is very critical for me. Of course you also need the support of a vast community in order for the project to be known and tested by new people.
Try hard to be listed with major exchange such as Binance, Bittrex, Bitfinex, this is a strategic step to get promoted, and more access you will have, more chance people can buy and trade AERUM coin. For example when Bithumb is listing new crypto, have 100% chance these crypto in the following days will raised value ;-)
Hope this will help! Cheers

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Muhammad Arash | Posted 2 weeks, 2 days ago

1.TRON,IOST,NEO ..they have great blockchain technology,great team and they have great progression too.
2.Need a large community to invest in this project..tron and others coin don't be on there if they dont have a nice huge community that supports them..so marketing and community is playing big role in here..

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Alex Chau | Posted 2 weeks, 2 days ago

1. Cardano, EOS & NEO is biggest competitors .
2. User friendly interface in order to let people know blockchain isn't complicated things. Try to alliance with big industry partners.

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Thezz Care | Posted 2 weeks, 2 days ago

Aerum, look around in your city Prague. What about the UniFox project as a competitor? Also an early stage project with great ideas as a blockchain system ... own blockchain, wallet, stable coin, POS, ATM, exchange. And ... they have already a product.
Btw, do you personally know the UniFox team?

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Phạm Bảo | Posted 2 weeks, 2 days ago

1. Which projects can compete with AERUM in the future?
-> I think they are EOS, NEO, IOST. At present, people already considered them as promising blockchain projects since they have some good partnerships and good community as well.
2. How can we compete/ co-exist with such challenges?
If theres something needed for taking these challenges, they should be elevating our brand, developing our system to be most optimal (speedy transactions, lower costs, strong security,..) and building a friendly, easy-to-use user interface.

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Roman Bejnari | Posted 2 weeks, 3 days ago

1. There are a couple but the biggest competitors will be EOS and Zilliqa
2. I think "co-exist" will be the right word. All these platforms provide good features and products bun every one of them have something unique so will use a lot of them for different purposes.

Good luck!

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Bikrant Dhakal | Posted 2 weeks, 4 days ago

1. EOS, NEO, LISK, ARK, CARDANO, QUARKCHAIN, ICON, IOST
2.AERUM needs to differentiate itself with some extra feautures, like the Multi-Token payment protocol and exchange, if the users get more benefits than other are competing with it , not that it is competing.

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Shabir Shah | Posted 2 weeks, 4 days ago

you can compete in future with zilliqa and Eos

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Radhakrashan gurjar | Posted 2 weeks, 5 days ago

Which project can complete the work is going on a regular basis to the end result of the year to year and I have to be able to and a half years and have the same way to

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Gregory P | Posted 2 weeks, 5 days ago

I think Zilliqa would be good competition in the future, they also have their own programming language for smart contracts. They also came up with sharding technology for scaling on the blockchain. I'm pretty sure it was them.
My only advice is to keep up with the changes and advances in the technology, always stay on top of new and old competitors.

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Ahmad Fz | Posted 1 week, 5 days ago

My focus is on the speed transaction and fee of transfer. Many new blockchain project have most problem with fee and transaction speed. That;s why many merchants are reluctuntly to use the platform.

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Gregory P | Posted 1 week, 5 days ago

very true, I don't use bitcoin for transactions anymore for that reason.

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Matan Argental | Posted 2 weeks, 5 days ago

I gusss you can compite with EOS, but your "fast and free transactions" will make a stand.

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Flamur H. Dyrmishi | Posted 2 weeks, 6 days ago

I think you will have to compete with IOTA QUBIC
https://qubic.iota.org/

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Diogo Alcantara Ferreira | Posted 2 weeks, 6 days ago

You can compete with EOS!

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Dev Ranjan | Posted 3 weeks ago

There are so many projects there with them you have to compete. Mainly IOST, NEO, TRX, QTUM, ZRX and EOS. In these projects some are alreadya big player in the market like NEO, QTUM, and EOS, and others are going to be big projects in no time.

So what you need to compete with them?

You need the same things that other successful projects do.
1. You need to big partnerships. Try to make partnership with big projects.
2. Less transaction fee.- Less transaction fee will attract users towards the project.
3. Fast transaction. - Fast transaction is now a basic key for successful projects. People love fast transactions of their assets, they want it asap. So fast transaction, more users.
4. Trust.- Never do something that can break costomer's trust on you. This is the main key and you also know it very well. Try to help your customers with your 100% effort and make policies that can balance your business and customer's trust.

Good Luck.

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Erika Oliveira | Posted 3 weeks, 1 day ago

complement of my vision

How can we compete / coexist with these challenges?
You are within what I would say, your project may facilitate the creation of decentralized apps as an initial focus but it may also cover a more exclusive job by determining a useful and important area such as security Dapps, alarm systems, surveillance, etc. Trisste world reality and that we are increasingly insecure with robberies at all levels and ever more rigorous and reliable (indeed) security systems.
So while the companies out there focus on creating games and platforms, the great differential and think of something fair and useful following the evolution line (noting that there are few projects focused on security)

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Erika Oliveira | Posted 3 weeks, 1 day ago

Which projects can compete with AERUM in the future?
Although I personally see his project as a major challenge in the ethereum network, I also see that its competitors are the preexisting ones like EOS, CARDANO, NANO, since the current ones are in average 70% focused on Dapps but each in its own way and its differential the biggest challenge in question and have become a token eth when in my opinion its team and able to create the own blockchain possessing a differential more distant from the competitors, still focusing on structure and training the team is certainly prepared to face the challenge of a popular market (which I think is the next generation for 2019, the Dapps will be the soul of the business crypto in fact), some outstanding projects today can not get as far as you and vice versa, the commercial competition it would exist as in any other area but at the moment of positioning only the strong will go forward and I will be supporting as you can the projects that are reliable independent of the market.
There is no profit right, or accurate investors today are acting desperate and this can hamper for the best and biggest project as well as for those in development.
How can we compete / coexist with these challenges?
You are within what I would say, your project may facilitate the creation of decentralized apps as an initial focus but may also cover

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Andrea Petroff | Posted 3 weeks, 1 day ago

1. i don't know. but i wanna ask why you do not compare to a NEO or XLM?
2. i think right now the blockchain and cryptoarea very difficult to understand for the medium users. so, usability and control will be very good advantage for coin and/or APP.

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Akintunde Jegede | Posted 3 weeks, 1 day ago

Which projects can compete with AERUM in the future?

Your plans are awesome and they are exactly what the crypto-tech system needs but here lies where the problem is. A lot of people are also thinking about this too because everyone wants to invent the future. EOS, WAVES, NEO, LISK and a lot more projects as previously mentioned are all viable competitors that has a lot of money and partnerships already.

More so, I believe a lot of competing projects will still spring up in the advent of your roadmap so it pays to have a flexible roadmap, as time goes on.

How can we compete/ co-exist with such challenges?

Nothing works like having enough liquid crypto and cash to run a project. For that, I suggest trying as much as you can to raise some initial funding that will help market your ico with the right branding.

For instance, eos has more than 1 billion dollars at its disposal, together with groundbreaking venture capital for intending projects.

Lisk also sometime ago, launched a 40 million dollars investment project for projects being built on the platform. This shows that competition in this sphere is a money thing.

The only way to compete with lesser finance is through unique nice advantage like how LINO is trying to focus on video only. I am saying you should do same.

You could start small and grow like steem did with just blogging, now steem is going to be tokenization platform aimed at blogging and content creation.


And Right now, the best branding is uniqueness, I believe that many of the things you stated are improvements that many other projects are looking into already. Investors might wonder at how you plan to do better than others.

Having an advisor or a core-team member that has a great mileage of experience and work makes you look capable, thereby investors' trust is easily built.

More so, having a great technical co-founder is needed as many of the stated ideas are a step away from the technology readily available. So, you need somebody with the right experience that can deliver such level of innovation.

I suggest you also speed up your roadmap by merging the activities and promises, because you might be outpeformed by many other projects.

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Al Rand | Posted 2 weeks, 6 days ago

Thanks for the very detailed vision. We need to emphasize our roadmap more, but this is planned in the whitepaper which is to be released. I am a technical founder myself, after having 18 years in FinTech starting as developer finishing as COO of a publicly-traded fintech company (payments processing). So hardly more needed ;) However you are right that there should be a more narrow focus. We plan to make it towards community-based economies and codified or smart- finance.

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jo5h Olaniyi | Posted 3 weeks, 1 day ago

I do not know about the first question but for the second, i came across this project that allows users to be able to manage all of their crypto portfolio including transacting from one platform so i was thinking if aerium can add the functionality to allow users integrate already dapps into aerium for easier management

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shahel pasha | Posted 3 weeks, 1 day ago

Hello, for your first question, there are a lot of platform chains out there that would compete with AERUM. EOS, NEO, LISK, ARK, CARDANO, QUARKCHAIN, ICON, IOST.
This is because they are all enabled to build dapps and to scale into thousands of transactions per second too.

Question 2.
From what I gather in the whitepaper, this is going to run on solidity, which means the AERUM community could get a lot of support from Ethereum-based developers. It would bring tons of projects and money into the platform. However, to compete with a decentralized ethereum, I feel having just 10 delegate committee is not as decentralized as we'd want it to be. EOS has 21 active Block producers and have been under heat for having too low an amount of BPs.

Also, I think ark is trying to do the whole cross chain connection between networks and blockchains.

user-readable wallets seem to be the coolest thing in town now. EOS, bitshares and steem use this.

IOST and Quarkchain apply sharding technology to their platform to make it scale way faster than EOS and ethereum. You might want to look into that.

To be competitive, I would recommend extra work on community building and development. Don't rely on the approach of build it and they will come. The team should go out in search for dapps developers and maybe setup a crowdfund or capitals for investing in new dapps. This will attract more investors and developers.

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Al Rand | Posted 2 weeks, 6 days ago

Thanks. Development wise we are nearly ready to launch production. We have not 10, but 100+ active validators, 10 is a current committee, which changes every 30 minutes. It's bit technical but allows much better decentralization than EOS or Ripple or Waves and likes, and much higher speed that Ethereum or Wanchain etc. Wallet with human-friendly addresses is available already on the site. Community - yes, we are focusing on it and started to build relationships with developer communities in China.

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Elric Drost | Posted 3 weeks, 1 day ago

There are so many project aiming to take over Ethereum or even work with Ethereum to compete with your project in some way. Many have not even been named. Stellar, NEM, Zilliqa, Quantum, Stratis.

Well, i could just keep going. In a race of techniques to adoption it's not always about having the best tech. But partnerships and big projects that are willing to launch on your chain mean a great deal.

- So try to focus on building partnerships.
- Create a working product and have some great projects on board to get it out there in the center of attention. To make it used and not just a concept.
- Tech is important ofcourse when you have a large edge, but even then there will be a project tomorrow who promises even more. (when it comes to just speed)

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Lay Htankone | Posted 3 weeks, 2 days ago

Which projects can compete with AERUM in the future?
Since people have already mentioned big players like NEO, etc. I would like to add one that is still in development, which is Credits (CS). Using DPoS and BFT consensus, they promise to have TPS of more than 100k which is still to be seen.

How can we compete/ co-exist with such challenges?
The technical aspect of CS is not fully available yet. One thing I noticed was that there is quite not high, if not low, quality of community support with CS and they also fail to meet certain deadline. No wonder crypto community started doubting the project. By learning from that mistake, I hope AERUM will progress well by keeping the bar of community standard high and making reachable deadline.:)

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Wisdom Augustine | Posted 3 weeks, 2 days ago

Hello, for your first question, there are a lot of platform chains out there that would compete with AERUM. EOS, NEO, LISK, ARK, CARDANO, QUARKCHAIN, ICON, IOST.
This is because they are all enabled to build dapps and to scale into thousands of transactions per second too.

Question 2.
From what I gather in the whitepaper, this is going to run on solidity, which means the AERUM community could get a lot of support from Ethereum-based developers. It would bring tons of projects and money into the platform. However, to compete with a decentralized ethereum, I feel having just 10 delegate committee is not as decentralized as we'd want it to be. EOS has 21 active Block producers and have been under heat for having too low an amount of BPs.

Also, I think ark is trying to do the whole cross chain connection between networks and blockchains.

user-readable wallets seem to be the coolest thing in town now. EOS, bitshares and steem use this.

IOST and Quarkchain apply sharding technology to their platform to make it scale way faster than EOS and ethereum. You might want to look into that.

To be competitive, I would recommend extra work on community building and development. Don't rely on the approach of build it and they will come. The team should go out in search for dapps developers and maybe setup a crowdfund or capitals for investing in new dapps. This will attract more investors and developers.

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Oqbaa Ali | Posted 3 weeks, 2 days ago

This comment is not available, it has been removed for violating the code of conduct

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Shuyong Yang | Posted 3 weeks, 2 days ago

Hello user, please use English here only. We are currently hosting projects in English, and our projects are communicating with our users in English too. That's why our code of conduct only allow English to be used here.

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Thomas Hofer | Posted 3 weeks, 2 days ago

Which projects can compete with AERUM in the future?

EOS, Cardano, ICON and NEO, Lisk as mentioned before

How can we compete/ co-exist with such challenges?

From the technical standpoint AERUM sems to be very similar to the before mentioned projects. I think in the long run some of the newer platforms like EOS, NEO, Lisk, Cardano, ICON will catch up with Ethereum because of the technical advantages they offer. The only problem there is the user adoption to the established player, which is even more so for AERUM. AERUM needs to differentiate itself with some extra feautures, like the Multi-Token payment protocol and exchange, if the users get more benefits than on the other platforms, they might switch.

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Al Rand | Posted 2 weeks, 6 days ago

Thanks, actually highest adoption of Ethereum is our advantage as there is a zero barrier to move from and to between Ethereum and Aerum thanks to integrated gateways based on Atomic Swaps.

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Idea Space | Posted 3 weeks, 2 days ago

1. Which projects can compete with AERUM in the future?
There are similar projects for sure. One that comes to my mind is NEO which can be a strong competitor.

2.How can we compete/ co-exist with such challenges?
After AERUM ecosystem becomes fully functional, dApps that designed with working logic and appealing interfaces can get good amount of user base which can be later on get attention of more developers to develop better dApps and further increase user base.

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Jeff L | Posted 3 weeks, 2 days ago

**Which projects can compete with AERUM in the future?**

I think with further scaling and such, other projects like Neo or Lisk may be a competitor for Aerum in the future.

**How can we compete/ co-exist with such challenges?**

Personally, I feel Aerum has set itself apart by offering users free transactions just by staking a relatively small amount of coins. At times, this would serve as a more appealing factor. An added advantage would also the volume of transactions per second that Aerum would be able to handle, ensuring it meets the ideal block interval. To be able to work and improve on this would make Aerum an appealing platform to use and further improve its adoption.

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Виктор Цуканов | Posted 3 weeks, 2 days ago

This comment is not available, it has been removed for violating the code of conduct

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Luis Guadalupe | Posted 3 weeks, 2 days ago

This comment is not available, it has been removed for violating the code of conduct

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Shuyong Yang | Posted 3 weeks, 2 days ago

Hello, Luis. Please use English here only. Currently, we are hosting projects in English, and our hosted projects are communicating with our users in English as well.

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Esteban Cabanillas | Posted 3 weeks, 2 days ago

LISK can compete with AERUM.
To compete with LISK, AERUM has to take advantage of the TPS volume and cost per transaction.

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