Achain Profile (ACT)
Project Safety Score
Tue, Oct 19, 2021 3:46 PM
Achain is a public blockchain platform that enables developers of all levels to issue tokens and create smart contracts, decentralized applications, and blockchain systems. Achain is committed to building a global blockchain network for information exchange and value transactions. Unlike Bitcoin or Ethereum, Achain utilizes a modified version of DPoS — RDPoS (Result-delegated Proof of Stake) to establish node consensus. Shortly, DPoS suggests that all coin holders vote for the validator nodes that will produce the next blocks. On the project website, only info about CEO Tony Cui is listed. Cui has a few significant accomplishments, including winning the Future Star award from the Zhongguancun Alliance and being listed in the 30 under 30 on CYZONE, a famous venture capital magazine. On LinkedIn, 51 people are listed as employees at Achain. Most of the team is based in Beijing. Achain also has a few key industry partners. It has even co-organized a “Blockchain Technology Open Course” with Tsinghua University, which is widely recognized as one of the world’s top universities. The roadmap for Achain development is fairly detailed. However, most goals listed are development-oriented rather than marketing or design. Still, it’s important to note that focusing on making the protocol interoperable and building a technology that is more accessible to mainstream adoption could also be considered a marketing-oriented part of this project. There are three major phases with projected completion dates listed. These include Singularity (completed Q1), Galaxy (ongoing), and Cosmos (complete at the end of Q4). One thing to note is that dates for these phases are not consistent between the homepage and the whitepaper. This could be simply due to a scenario in which phase names remain the same while new goals and timeline dates within those phases continue to change. In January 2019, the project will update the website to reflect roadmap goals for the new year. Looking at the current landscape of blockchain projects, Achain certainly offers the possibility of much-needed technical innovations. The ability to easily create an Achain fork, as well as, the protocol’s unique RDPoS consensus algorithm make this a promising project. It will be interesting to see how Achain builds upon its accomplishments, and how the project team continues to develop a long-term strategy for improving the protocol’s technical capabilities and increasing participation in its ecosystem.
Read more in the whitepaper:
Achain Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
Achain Safety Report
Achain has a safety score of 4.09
Achain is a nano cap coin.
Achain is suited to a balanced investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- bitcointalk thread
- tradingview profile
Achain Red Flags
There are currently no Achain red flags.
Achain Development Score
The Achain project has 27 active source code repositories.
The most recent commit was Sun, Oct 17, 2021 3:06 AM
- 145 Watchers
- 282 Stars
- 367 Mentionable Users
- 0 Vulnerabilities
- 7 commits in the last 28 days.
- extremely high repo stars
- daily repo updates
- very low stars
- poor watchers
- low mentionable users
Achain Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about Achain. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
- The overall sentiment is very low
Achain Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Achain?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall Achain has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high hashtag tweets
- extremely high gitHub account watchers
- very poor reddit articles
- no search result count
Achain Awareness Score
The awareness score indicates how well Achain is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Achain is but a good measure of longevity is how well the project is known by the general public.
Overall Achain this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- no search result total
- very poor news articles mentioning Achain
- no news articles directly about Achain
Achain Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Mature project age (released Aug 27, 2017)
Achain Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- low USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
Achain Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
A few missing data points
This profile is still waiting for the following data points
- bitcointalk thread
- tradingview profile
Market Cap Rank:
Bulls v Bears:
Achain Envisioned an All-Inclusive Community at Link Future Conference of Peoples DailyMon, May 17, 2021 4:00 AM
Press release via...read more...
Achain Launches Blockchain Hackathon for StudentsSat, May 15, 2021 7:00 AM
Achain will award 150,000 ACT to students for new blockchain...read more...
Achain Ushers In the Future of Blockchain, Looks To Overtake Ethereum in Two YearsSat, May 15, 2021 12:00 AM
Achain Ushers In the Future of Blockchain, Looks To Overtake Ethereum in Two...read more...