logo harmony
Harmony
ONE
$0.02

Sector

Platform

Exchange Debut

2019-06-25

Market Cap

190,631,884

Maxim Supply

13,156,044,840

Circulating Supply

12,305,426,115

Circ. Supply(%)

93.53%
logo harmony

Harmony

ONE

Price

$0.02

Market Cap

Sector

Exchange Debut

190,631,884
2019-06-25

Volume 24h

High 24h

Low 24h

6726328
0.015531820142
0.014313393401

Change 24h

Change 7d

Change 30d

4.9
-12.9615
-20.6986

Maxim supply

Circulating supply

Circulating supply(%)

13,156,044,840
12,305,426,115
93.53%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Harmony – ONE cryptocurrency:

 

Harmony, better known as ONE, is a forward-thinking blockchain platform tailored for decentralized applications. Pioneering in random state sharding, the platform delivers swift block creation times. Spearheaded by the innovative Stephen Tse, and backed by a solid team predominantly from tech giants, the project has garnered a commendable score of 8.05 out of 10 in a fundamental analysis of the Harmony – ONE cryptocurrency.

SOCIAL & MASS MEDIA: Score 6.6 out of 10

The Harmony – ONE cryptocurrency has shown notable prowess in capturing attention on social platforms, with perfect scores in attracting followers. The administrators are fairly active, and there is a sizable community in chat groups. However, the overall community activity on these pages is lacking, and media presence could be improved upon.

AUDIT & SECURITY: Score 7.3 out of 10

Safety and transparency are paramount for any blockchain project. Harmony’s public transparency and liquidity on exchanges are commendable. The results of audits, while above average, hint at some areas for improvement.

TOKENOMICS: Score 7.5 out of 10

Diving deeper into the fundamental analysis of the Harmony – ONE cryptocurrency reveals a balanced token economy. The project’s monetary mass centralization and inflationary aspects are in the higher-average range, suggesting stable economic considerations.

ECOSYSTEM DEVELOPMENT: Score 8.6 out of 10

The platform is focused on continual growth and achievement. With notable scores for achieving objectives and planning future developments, it is evident that Harmony is poised for innovation.

TEAM & DEVELOPERS: Score 9.08 out of 10

A backbone of any project, the team’s vast experience, especially in top-tier tech firms, is a massive strength. However, the number of software developers could be expanded upon for more robustness.

PRODUCT & UTILITY: Score 8.42 out of 10

The fundamental analysis of the Harmony – ONE cryptocurrency emphasizes a high utility in both product and token within the ecosystem. This affirms the project’s relevance in the current market scenario.

PARTNERS & INVESTORS: Score 8.9 out of 10

A strong network of partners and investors can propel a project forward. Harmony’s impressive roster of high-quality partners and capable investors underlines its potential in the blockchain realm.

Fundamental analysis of the Harmony – ONE cryptocurrency – The final conclusion

Considering the scores from the fundamental analysis of the Harmony – ONE cryptocurrency, it is evident that the project showcases immense potential, coupled with a robust foundation. The stellar background of the team, paired with an innovative vision, makes it an attractive venture. However, as with all investments, risks exist. The areas of community engagement and audit results could be enhanced, and potential investors should keep these aspects in mind. Given the overall impressive scores and backing by influential partners and investors, Harmony emerges as a project worth considering for those looking into blockchain investments.

What is Harmony – ONE?

Innovative Blockchain Approach

Harmony, often dubbed as ONE, stands as a cutting-edge blockchain platform primed for facilitating decentralized applications (DApps). Its unique edge? The emphasis on random state sharding, accelerating block generation, and ambitious plans for cross-shard contracts by 2021’s end.

The Mastermind and His Team

Dr. Stephen Tse, a cryptography specialist from the University of Pennsylvania, pioneered Harmony. His illustrious journey traversed through tech giants – Microsoft, Google, and Apple. The core twelve of Harmony, intriguingly, features seven stalwarts from industry titans such as Google and Apple.

Unparalleled Speed and Security

At its core, Harmony prioritizes rapid processing and validation. Its unique sharding technique significantly curtails node validation times. The Verifiable Random Function (VRF) further ensures a robust and unpredictable shard assignment, fortifying the network’s security.

Tokenomics and Distribution

With a ceiling of 12.6 billion tokens, Harmony (ONE) had nearly 9.5 billion circulating as of February 2021. Initial sales, ecosystem nourishment, and protocol enhancements saw substantial token allocations, besides the share retained by the team.

Redefining Network Security

Harmony’s security hallmark is the effective proof-of-stake (EPoS) consensus, a transition from the traditional, energy-draining proof-of-work. Seamlessly blending with the sharding concept, EPoS accentuates speed and scalability. Harmony Open Staking, an engagement initiative, incentivizes major stakeholders, consolidating its market position.

In summation, Harmony’s visionary blueprint coupled with its foundational strength makes it a formidable contender in the blockchain arena.

Fundamental analysis of the Harmony cryptocurrency

Harmony - ONE performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Related projects

cartesi
SCORE: 6.28
RATING: Good
SCORE: 5.84
RATING: Average
polymath-network logo
SCORE: 6.46
RATING: Good
tezos logo
SCORE: 7.41
RATING: Good
artt network logo
SCORE: 3.65
RATING: Fragile
JasmyCoin LOGO
SCORE: 🔒
RATING: No rating
0x protocol logo
SCORE: 🔒
RATING: No rating
cobak token logo
SCORE: 🔒
RATING: No rating
Powerledger logo
SCORE: 🔒
RATING: No rating
SCORE: 7.03
RATING: Good
SCORE: 5.34
RATING: Average
Arkham - logo
SCORE: 4.87
RATING: Average
Cosmos- logo
SCORE: 7.86
RATING: Good
SCORE: 7.53
RATING: Good
SCORE: 5.99
RATING: Average
Fundamental analysis of the BinaryX cryptocurrency
SCORE: 5.80
RATING: Average