iEthereum brings a lot of value to the table in its present form.
We are not speaking of the potential value adds that we believe iEthereum will bring in the future. In fact, speculative value could be an entire separate article for publishing. For example, if iEthereum is an Apple product, the value proposition of added liquidity, hardware, community, developers, additional security, business partnerships, customer service, payments infrastructure, app developments and so much more would make iEthereum the most valuable cryptocurrency in the world overnight. But this is speculative opinion and we don’t like to speculate without telling you as such.
In this article, we will highlight the current and present fundamental value iEthereum brings to the table today without any outside influence. Just the facts; as is!
We have identified fourteen value added propositions of iEthereum in this article.
Finite Supply of 18,000,000- There are several principles that are key to understanding the value of finite supply; whether it be Bitcoin with a max supply of 21 million or iEthereum with a max supply of 18,000,000.
A digital asset with a capped supply is less susceptible to inflationary pressures that can erode the value of traditional fiat currencies. Therefore iEthereum’s scarcity and deflationary nature is of value.
Fiat currencies are subject to government manipulation, corruption and printing. The limited supply and scarcity contribute to the perception that iEthereum is a more stable store of value over time is of value.
Central banks influence the money supply of traditional monetary systems that lead to the future uncertainty of economic conditions. The predictability of the finite supply of iEthereum reduces uncertainty for investors.
Leveraged Risk on Ethereum Network- Ethereum is currently, one of the most established and secure blockchain networks. Being an ERC20 tokens, iEthereum inherits the security features of the Ethereum blockchain. This includes the consensus mechanism and its battle tested smart contract functionality. There are some public concerns, whether legitimate or not, that the current consensus mechanism of Proof of Stake is not as superior as Proof of Work. All we can speak of today is that the Ethereum blockchain is #2, behind Bitcoin, for a reason.
Fair Distribution- The concept of “fair” may vary amongst different communities or crypto projects. In terms of iEthereum, I see the value proposition of a fair distribution referring to its original airdrop back in October 2017 where the project deployer address airdropped 99% of the max total supply to the participants. This has never been done.
This distribution model allows for a more broad and diverse range of participants, rather than concentrating wealth or influence in the hands of a few. This inclusivity can enhance the decentralization and resilience of the network.
Due to this form of distribution, iEthereum will attract more active engagement from its future community. A more engaged-community is more likely to contribute to the development, growth and success of the project.
One of the largest risks a blockchain or crypto project encounters is centralized control or authority. iEthereum’s unique distribution model is to date the most fair we have seen and its attempt to avoid centralization. This depends on how many readers decide to take notice and purchase iEthereum before the big money does.
P2P/B2B Value Transfer Capability- There is significant value in iEthereum P2P/ B2B transfer capabilities with several advantages. iEthereum leverages the Ethereum blockchain which operates on a decentralized network of nodes. Decentralization of a network allows for the removal of middle men, intermediaries, banks, payment processors and /or centralized authorities which all take fees.
With access to the internet and an Ethereum based wallet; iEthereum allows for businesses and individuals to send and receive payments across borders. Global accessibility allows for financial inclusion while allowing transactions to happen seamlessly.
Apple Logo- The Apple logo's value is imprecise but pivotal. As a global icon, it embodies innovation and quality, influencing consumer choices and loyalty. Its cultural impact extends beyond technology, symbolizing design excellence and forward-thinking. While challenging to quantify monetarily, the logo's recognition and positive associations contribute substantially to Apple's brand value, regularly assessed in the billions. The logo plays a vital role in brand recognition, loyalty reinforcement, perceived value, cultural impact, and market positioning, shaping Apple's enduring global presence and consumer appeal.
Ethereum Logo- Ethereum has a significant brand identity in the cryptocurrency space, associated with a widely used blockchain platform. The Ethereum logo is a valuable asset due to its widespread recognition, association with a reputable platform, and utility across various applications. Its estimated worth ranges from $1 million to $10 million, with a potential for further appreciation as Ethereum's popularity grows.
Low Cost Asset- An affordably priced digital asset, designed for P2P transfers and token creation on the Ethereum network, offers cost-effective transactions with low fees, fostering mass adoption and inclusive access. Its affordability enables efficient microtransactions, accessible token creation, and global accessibility for cross-border transactions, promoting financial inclusion. The low cost attracts a diverse user community, encouraging collaboration and innovation. Leveraging blockchain advantages, the asset ensures transparent and secure transactions, while its affordability supports educational opportunities, allowing users to explore and experiment. Aligned with decentralization, the digital asset empowers users to participate in a decentralized ecosystem.
Fast and Speedy Transactions- The speed of digital asset transactions is vital for user experience, scalability, and adoption. Quick confirmation times enhance retail transactions, DeFi microtransactions, and high-frequency trading. Fast speeds benefit cross-border transactions, reducing settlement delays. Improved efficiency encourages broader blockchain adoption by users and businesses. Quick execution of smart contracts in DApps, decentralized exchanges, and financial services enhances user experiences. Fast transaction speeds in cryptocurrency markets mitigate volatility risks and provide a competitive advantage, attracting users and developers. Balancing speed with security and decentralization is crucial for a reliable blockchain network. Prioritizing aspects depends on specific use cases and objectives.
Open Source- The open-source nature of digital assets is highly valuable for transparency, allowing code inspection and building trust. It fosters global community collaboration, encouraging innovations and security enhancements. Continuous scrutiny by the community improves security. Open source enables adaptability and forking, fostering the evolution and diversity of the blockchain ecosystem. It promotes experimentation, innovation, and rapid development without permission. Users become contributors, fostering inclusivity and community empowerment. Open source reduces vendor lock-in risks, granting freedom to collaborate or choose alternatives. Valuable educational opportunities arise for developers, contributing to overall knowledge sharing. Successful open-source projects require effective governance for coordinated development and maintenance.
Immutable- Immutability in blockchain and ERC-20 digital assets ensures that once data is recorded, it cannot be altered, offering key benefits. It enhances trust and security by safeguarding transaction history and ownership records, crucial for financial integrity. Immutability promotes transparency, allowing participants to verify the entire transaction history, fostering openness and accountability. It facilitates easy auditing, ensuring a transparent and auditable trail of ownership. Smart contracts' reliability is ensured as their code remains unchangeable post-deployment. Immutability aligns with decentralization principles, reducing manipulation risk and enhancing resilience. It minimizes counterparty risk, providing confidence in final transactions, and resists censorship, granting users financial autonomy. Asset ownership clarity is guaranteed, crucial for digital assets in decentralized applications and services. Overall, immutability's role in ERC-20 digital assets is pivotal for trust, transparency, and security in decentralized financial systems.
Transparent- ERC-20 tokens on the Ethereum network offer unparalleled transparency through an immutable and publicly auditable transaction history. Utilizing open-source smart contracts, these tokens provide real-time visibility, decentralized verification, and eliminate intermediaries, fostering a trustless environment where transactions occur directly between users. The auditable token supply and fixed issuance recorded in smart contracts enhance confidence in token authenticity. This transparency, integral to Ethereum's design, not only ensures the security and accountability of transactions but also enables a collaborative ecosystem where participants can openly review and contribute to the underlying codebase, reinforcing the principles of trustlessness and decentralized innovation.
Interoperable- ERC-20 tokens offer a compelling value proposition through their interoperability within the Ethereum ecosystem. Adhering to a widely adopted standard, these tokens seamlessly integrate with Ethereum-based assets, smart contracts, and decentralized applications. The compatibility extends beyond Ethereum, allowing ERC-20 tokens to be listed on various decentralized and centralized exchanges, boosting liquidity and facilitating cross-platform transactions. This interoperability also simplifies integration with wallets and services, fostering a supportive developer community. Leveraging the security and network effects of Ethereum, ERC-20 tokens enable complex smart contract interactions, making them a versatile choice for projects seeking broad utility and seamless integration in the blockchain space.
Simple Code Efficiency- An ERC20 token with efficient and simple code offers a compelling value proposition by providing ease of integration, heightened security through reduced vulnerabilities, lower transaction costs due to optimized gas fees, improved user experience with faster transactions, and easier long-term maintenance and upgrades. The streamlined code enhances transparency, fostering community trust, and making the token more adaptable to evolving technological landscapes, contributing to its overall success and sustainability within the blockchain ecosystem.
Multiple EVM Functioning Chains- A multi-chain ERC-20 token forked from Ethereum offers cross-chain compatibility, scalability, and decentralized engagement across Ethereum, Pulsechain, Ethereum Fair, and Ethereum POW. This approach enhances flexibility, mitigates risks through diversification, and tailors features to each chain, fostering unique tokenomics. The token's presence on multiple chains encourages community participation and interoperability while contributing to a decentralized ecosystem. However, success depends on factors like technology robustness, community adoption, and the legitimacy of associated projects, necessitating careful evaluation by users and investors before participation.
iEther way, We see value!
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Note: We are not the founders. iEthereum is a 2017 MIT Open Source Licensed Project. We are simply talking about this project that nobody else is while it is publicly listed on several coin indexes.
