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      "permlink": "steemitboard-notify-tokenspectrum-20190719t080602000z",
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      "body": "Congratulations @tokenspectrum! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@tokenspectrum/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@tokenspectrum) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=tokenspectrum)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "parent_permlink": "stellar",
      "author": "tokenspectrum",
      "permlink": "a-comprehensive-review-of-stellar-lumens-or-tokenspectrum-com",
      "title": "A comprehensive review  of Stellar Lumens | tokenspectrum.com",
      "body": "Rating Summary:\n\nReturn: 8/10\nRisk: High\nMaturity: Long-Term + Short Term\nLiquidity: Highly Liquid\n\n( Note: Please visit tokenspectrum.com for more reviews)\n\nThe Stellar Network was created to facilitate payments, transactions, and remittances across multiple geographies in a quick, reliable and cheaper way. Stellar connects banks, payments systems, and people with each other via a secure and decentralized payments network. Stellar was created in 2014 by Jed McCaleb who is one of the founders of Ripple. The Stellar Network is capable of providing all the services that a traditional bank does but uses a decentralized and open source platform to do so.\n\nThe key features of the Stellar Network are as follows:\n\n1. Cheaper and Faster Transactions: At the current pricing, users can process around 100,000 transactions using just 1 XLM ( native stellar currency known as Lumens).\nStellar settles transactions within 2-5 seconds, which is faster than most of the existing solutions including Ripple.\n\n2. Decentralized Ledger: The Stellar ledger records a list of all the balances and transactions belonging to every single account on the network. A complete copy of the global Stellar ledger is hosted on each server that runs the Stellar software. Any entity can run a Stellar server, making the network decentralized. The Stellar servers communicate and sync with each other to ensure that transactions are valid and get applied successfully to the global ledger.\n\n3. Anchors: Along with the Servers, the anchors are a key component of the Stellar Network.\nTransactions in currencies other than the native XLM are done using the Anchors. The Anchors are the entities connected to the network which the users trust. When a user deposits a currency to the anchor, he receives equivalent credits on the Stellar Network. For eg., by depositing 100 USD with an anchor, I will receive 100 USD credits in my wallet. Existing banks and payment processors can become the anchors on the Stellar Network. These credits can be sent to any Stellar wallet in the world within seconds.\n\n4. Multi-currency transactions via a distributed exchange: Stellar allows you to send any currency you hold to anyone else in a different currency through the built-in distributed exchange. For example, Amy wants to send Bob euros, using her USD balance. Stellar automatically submits an offer to the distributed exchange selling USD for EUR. The network finds the best exchange rate for the transaction.\n\n5. Smart Contracts: Stellar platform supports smart contracts, which can be used to facilitate trade agreements on Stellar. Some organizations are also using Stellar as an ICO platform to issue tokens. Stellar is not Turing complete, but the scalability and efficiency make up for the lack of programmable complexity.\n\nStellar can be used for use cases like facilitating remittance and micropayments, cheaper international transactions, financial services to the unbanked, issuing tokens, or even improving operations for banks.\n\n\nToken\n\nThe Lumens (XLM) token is the native currency of the Stellar platform. When transactions are done using Lumens, users do not need Anchors to issue credits.\nTo use the network a person needs to hold a reserve of 20 XLM. There is a small transaction fee on the platform which needs to be paid in lumens.\n\nAt the network's genesis, 100 billion XLMs were created. The only other XLM creation mechanism is inflation. To account for both economic growth and lost tokens, there is a fixed 1% annual rate of new stellar creation. These new lumens will be generated on a weekly basis and distributed via a direct voting method. There are around 18 Billion XLMs in circulation today.\n\n\nTeam\n\nStellar was born in 2014. Stripe invested $3 Million, which was repaid with 2 Billion Lumens (XLR).\nCo-founder Jed McCaleb is the face of the organization. Jed is the founder of the now-defunct Mt. Gox exchange (which he sold much before the infamous hacks) and Ripple. After disagreements with the other co-founders of Ripple, he created Stellar in 2014. The website lists 12 core members of the team, although there are other freelance contributors as well.\n\nStellar.org is the nonprofit organization that contributes to the development of tools and good social initiatives around the Stellar network and financial inclusion. Employees contribute code to the Stellar network, but the technology is independent of the organization.\n\n\nValuation\n\nAfter registering unprecedented growth in 2017, XLMs is the 7th largest cryptocurrency regarding market capitalization.\nOn a relative valuation basis, Stellar can be compared with Ripple which is the 3rd largest cryptocurrency and commands 4X market capitalization than XLM.\n\nStellar Vs. Ripple\n\nBoth the platforms focus on cross-border payments and transactions. Ripple is a centralized currency while Stellar is decentralized. Ripple focuses on banks, and users need to use the banks as a gateway to access services. Stellar on the other hand uses banks and other payment organizations as facilitators of services. Users can use any anchor that they want.\n\n\nPositives:\n\n1. Stellar can provide solutions for almost every use case involving financial transactions. Stellar provides cheaper, scalable and faster solutions involving any currency pair globally.\n2. Stellar Network’s design is regulatory friendly. Organizations which perform the task of integrators by accepting deposits and issuing credits will be licensed money services provider (MSP) or mobile money operator (MMO). Integrators are responsible for implementing all KYC/AML identity verification requirements.\n3. Stripe got on board with Stellar in the early days and is a major investor in Stellar. Stellar has also partnered with IBM to provide cross-border financial services. Stellar is aggressively partnering with some of the biggest organizations in the world.\n4. Stellar is becoming a popular platform for launching ICOs.\n\nNegatives:\n\n1. Although the overall Stellar Network has amazing functionality, the XLM tokens do not have much value proposition from an investment perspective. For eg., a bank making millions of dollars worth of transactions on the network will still need to stake only 20 XLMs to access the network. Even if it does thousands of transactions, the transaction fees are so low that very few XLMs are required.\n2. The total token supply is 100 Billion which will keep on diluting the existing tokens.\n3. Majority of the tokens are yet to be distributed. The foundation controls all the rest of the coins to be distributed, and the investors are placing a lot of trust in the SDF that they won't mismanage the funds.\n\n\nRating\n\nStellar holds immense potential as it not only serves the banks and larger financial institutions but also the marginalized population of the unbanked and the immigrants.\nWe have some concerns about the XLM token’s valuation as we think there may not be enough organic demand for them going ahead. However, valuation of a cryptocurrency is not only a function of its organic demand but also its perception in the community. As Stellar grows and integrates with more partners and anchors, its positive perception will improve the valuation. Also, this is not just the review of the tokens but also the underlying technology, and we are extremely bullish on it.\n\nReturn: Stellar gets a positive rating in 12 out of 15 of our asset evaluation metrics. The positive score is significantly higher in Product, Product Status, Team, Partnerships, and Legal Metrics. Stellar gets an average rating in the Business Model and the Distribution Structure Metrics.\nStellar gets a negative rating in the Token Utility metric. We assign a Return Rating of 8 out of 10 to Stellar.\n\nRisk: As mentioned in the Negatives section, the XLM tokens do have much value proposition from an investment perspective. A large number of noncirculating tokens create dilution risks for existing tokens. We assign a High-Risk Rating to Stellar.\n\nMaturity: Short Term: Positive. The recent correction in cryptocurrency prices provides a good opportunity to invest in quality projects.\nLong Term: Positive. We have a positive view on Stellar from a long-term investment perspective.\n\nLiquidity: Stellar trades on major crypto exchanges like Binance, Bittrex, Poloniex which provides it ample liquidity.",
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      "author": "tokenspectrum",
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      "title": "ICO Review: Morpheus Network - A distributed global supply chain",
      "body": "Ratings Summary: \nReturn:  5/10 \nRisk: High\nMaturity: Long Term\nLiquidity: NA for ICO\n\n( Note: Please visit http://www.tokenspectrum.com/ for more reviews  )\n\n\nBlockchain technology has many use-cases in the global supply chain industry.\nGlobal supply chain and payments are messy and time-consuming and involve multiple entities located in different geographies each having different formats and systems.\n\nMost of the global commerce is conducted using physical shipping documents which are inefficient, slow to transfer and can be easily tampered with. Payments across geographies using legacy systems take at least 3 days to process, while the intermediary banks charge a high processing fee which increases the overall costs. This process is especially difficult and cumbersome for small suppliers and manufacturers.\n\nAccording to the World Economic Forum’s report Enabling Trade: Valuing Growth Opportunities, reducing barriers within the international supply chain could increase worldwide GDP by almost 5 percent and total trade volume by 15 percent.\n\nThis is exactly what Morpheus Network is trying to achieve. Morpheus Network will create a supply chain network with predetermined, automated and digital work contracts, shipping & customs documents as well as automated international payments.\n\nThe core features of the Morpheus Network are as follows:\n\n1: Full featured and automated supply chain:\nDocumentation: One of the major goals of Morpheus Network in to simplify global trade and supply chain. This can be done by the automatic generation of digital, original shipping documents. These documents will be stored on a permissioned blockchain where only authorized entities can access and edit them.\nEscrow Payment: All payments within the Morpheus Network will be done using escrowed smart contracts. Funds will be released only upon completion of the objectives by both the parties.\nIntegration with other platforms: Morpheus’s smart contracts can include data from other platforms like Walton (RFID entry) or Sia (data transfer).\n\n2. Payments:\nPayments using the local Morph tokens will be instant and seamless. Any currency can be converted to the morph tokens and vice versa using the Morpheus Network platform. Integration with SWIFT will facilitate direct transfer in the regional currency.\n\n3. Security and trust: Morpheus will use a permissioned blockchain for storing the documents and facilitating payments via smart contracts which will provide security and make the system trustworthy.\n\nWhat is the Roadmap?\n\nAn MVP for the platform will be available before the public sale (date TBA but somewhere in April).\nDiscussions about the project were initiated in April 2016. Since then the team has spent time in establishing partnerships and connections. The website mentions partnerships with “international industrial manufacturers” but have not given names of these organizations.\nAggressive development of the platform will be done from April 2018 onwards, and test platform for early adopters will be available in November 2018.\n\nWhat are the tokens used for?\n\nThe Morph tokens will be used for payments across the platform. The escrow smart contracts are a key to this project and they can only accept payment in Morph tokens. Conversion of Morph with fiat can be easily done on the platform.\n\nToken Distribution:\n\n52% of the 100 million tokens are available for the public sale\n20% of the tokens are available for the pre-sale.\n15% of the tokens are reserved for founding member and advisors.\n\nTeam\n\nCo-founder and CEO Danny Weinberger has extensive experience in operations and trade as he has worked as the director of operations for Stronghold Equipment for around 15 years. The other Co-founder Naom Eppel has extensive experience in Web development and security.\nThe website lists 18 members in the team but a lot of them are marketing professionals.\nThe remaining members are full-time employees of an organization called Winjit Technologies with whom the co-founders have partnered with. So technically they are not a part of Morpheus and listing them as members of the team is misleading.\n\nPositives:\n\n1. It is difficult for smaller manufacturers to be a part of global commerce to barriers at each step of the process, right from shipping, tracking to the final payments. A platform like Morpheus Network will make this process seamless.\n\n2. Other supply chain related projects like Walton can be integrated with Morpheus Network. For example, data coming in from the Walton RFIDs can be integrated with the smart contracts. The smart contract will initiate payments only when it verifies the product’s qualitative data using Walton.\n\n3. The size of the global trade industry is $15 trillion. This leaves plenty of ground for Morpheus Network to cover.\n\n4. Along with its potential benefits for smaller manufacturers, Morpheus Network’s services can be very cost-effective for large-scale manufacturers with operations spread across multiple geographies.\n\nNegatives:\n\n1. Ground level folks like custom brokers and freight forwarders will also have to be a part of the network for the permissioned document access. So along with the manufacturers, Morpheus will also need to work closely with every component of the supply chain ecosystems of each country.\n\n2. The white paper lacks technical details. There is no mention of the permissioned blockchain that will be used nor any details about its technology.\n\n3. The co-founders do not have much entrepreneurial experience. Implementation of a project of this scale won’t be easy. There is no full-time team working on the project only members of the partner firm Winjit Technologies.\nSmaller manufacturers will prefer existing platforms like Alibaba. Alibaba offers customs clearance, logistic services and even financing options for smaller businesses.\n\nRating\nMorpheus Network is working on a real problem but there is too much vagueness at the moment to have a positive view of the project. What blockchain are they using? Technical details about implementation? Business model? How will people like shipping agents be integrated with the platform?\nThe MVP will be available before the public sale, once it is released we will revisit Morpheus Network and revise our ratings.\n\na. Return: Morpheus Network gets a positive rating in 8 out of 15 of our asset evaluation metrics. The positive score is on the upper side for the Problem Statement and Market Potential metrics.\nThe project gets an average rating in 4 of our asset evaluation metrics. The Product, Team Members, Partnerships, Marketing metrics get an average rating.\nMorpheus Network gets a negative rating in Business Model, Competition, and Product Status metrics. Based on our evaluation, we assign a Return Rating of 5 out of 10 to Morpheus Network.\n\nb. Risk: Considering the lack of technical details and competition from traditional giants like Alibaba we assign a High-Risk Rating to Morpheus Network.\n\nc. Maturity: Short Term: Negative. The roadmap states that the team will only begin conversations with larger exchanges in May 2018. Considering the time that it nowadays takes to list on exchanges, we think talks with exchanges should begin now itself. Also, we are not sure whether the hard cap of $36 million will be achieved.\nLong Term: Neutral. The longer-term investment potential of this project will depend upon the execution. As of now, there is not much clarity about how the project will be developed.\n\nd. Liquidity: Not applicable for ICOs.\n\nICO Details\nToken Type: Utility\nPlatform: Ethereum\nSymbol: MORPH\nPresale Value: 1.12 MORPH = $0.5\nPre-Sale: 2nd March - 17th March\nPublic Sale: TBA\nPre Sale Bonus: 12%\nHard Cap: $36 million\nJurisdictions Barred from Participating: USA, Canada\nWebsite: https://morpheus.network/?skipintro\nWhitepaper: https://morpheus.network/whitepaper/",
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      "body": "Global healthcare expenditure has crossed $9 Trillion in 2017 and is expected to grow multifold over the next couple of decades. Despite the growth and rapid advancements, the global healthcare industry still faces several challenges in its present form. Issues such as limited access to specialists, lack of collaboration and transfer of knowledge, varying and fragmented data standards and most importantly misdiagnosis are still persistent. Misdiagnosis is a very severe problem faced by the industry because 20% of the overall patients and 44% of global cancer patients are misdiagnosed.\n\nTrustedHealth will serve as an ecosystem that provides access to the best specialists, provides the right medical support, saves time, helps research the right medications, and eliminates the need to travel, especially when the time is of the essence.\n\nThe Trustedoctor platform is at the center of the TrustedHealth ecosystem. Trustedoctor is the first partner platform of the TrustedHealth ecosystem and is already has a functional platform that connects patients to world-leading specialists allowing them access to the best medical care regardless of their location.\nDoctors can connect and coordinate with each other for Doctor-to-Doctor consultations.\n\nA patient’s medical data will be hashed and stored in a decentralized manner such that only he has access to it. Patients can share the data with doctors, research centers, educational institutes for the benefit of research and patient outcomes. Even diagnostic labs, pharmacies, insurance companies, patient organizations, legal firms can become a part of the ecosystem. The Trusted Health ecosystem will cover everything that specialized medicine patients and doctors need.\n\n\nDo they have an MVP?\n\nAt present, Trustedoctor provides consultations in brain and lung cancer-related cases and plans to expand in other diseases. Trustedoctor has 50 world-leading specialists, six countries, more than 300 users and is supported by 16 medical organizations\n\n\nWhat is the project's roadmap?\n\nThe roadmap extends till 2020, and the project is being developed in 4 stages. The stage 1 of the development process will get completed in Q3 2018 and will tokenize the Trustedoctor platform while adding two more diseases. Further features and diseases will progressively get added in the later stages.\n\n\nWhat is the Token used for? \n\nTrustedHealth is set to introduce a common currency within the ecosystem that will be\ncalled TDH token. TDH token will be used as a utility coin, engagement reward coin and\nsubsidized payment method for transactions within the ecosystem.\nTrustedoctor is the first platform on the Trusted Health ecosystem and will have the TDH tokens embedded in it. Going ahead as more partners get added to the ecosystem, they will use TDH as their primary token. Payments across the platform can also be done using fiat, but there will be special incentives and discounts for using TDH.\n\nToken Distribution:\n\n20% of the tokens will are allocated to the company for future crowdraises, referrals.\n30% of the tokens will be allocated to the team.\n50% of the tokens are being distributed to the ICO contributors.\n\n\nTeam\n\nTrustedHealth’s team is a good mix of professionals from different streams.\nFounder and CEO Greg Jarzabek is an alumnus of Harvard ( Executive program ), ESCP and Warsaw School of Economics. He has extensive experience as a credit trader. He created Trustedoctor in 2016 after the death of his mother due to cancer. Philippe Schucht, a neurosurgeon from Switzerland is the chief medical officer. TrustedHealth has a team of 19 members, almost all of them work as full-time employees.\nTrustedHealth has 12 advisors many of whom are doctors and medical professionals.\nThe CEO’s shift towards healthcare industry after years of working as a credit trader is driven by a genuine commitment to helping patients access specialized medical treatment.\n\nNegatives\n\n1. The teleconsulting segment in which Trustedoctor operates is very competitive. There are many platforms offering video consultation services with doctors.\nHowever, TrustedHealth’s focus on niche specialized healthcare and creation of the entire ecosystem differentiates it from general healthcare platforms.\n2. The focus on specialized healthcare and a small set of diseases will affect the scaling potential of the platform.\n3. Specialist doctors in diseases like brain cancer are some of the busiest professionals out there. Would a specialist doctor have time to provide online consultation via Trustedoctor?\n\nPositives\n\n1. TrustedHealth has a top-down approach to scaling where they onboard institutions and thought leaders first. This will help them grow as regular doctors will follow institutions and the leading doctors a particular disease segment.\n2. Trustedoctor is a working product with 300+ users, 50 specialist doctors and the support of 16 institutions. Trustedoctor offers brain and lung cancer consulting, which are amongst the most technically complex diseases.\n3. TrustedHealth’s team is well qualified, and they genuinely want to improve the specialized healthcare situation globally.\n4. The ICO has a small hard cap of only 7500 ETH (~ $6 million ). A working product coupled with a small hard cap gives plenty of growth potential after listing.\n\n\nRating\n\nOne thing that I particularly like about TrustedHealth is that their top-down business model. After identifying a disease, the focus is on onboarding key opinion leaders and medical organizations. Once the prominent figures and institutions in the sector are involved, other doctors will actively join the ecosystem.\nHowever, the success of an ecosystem depends on the community that it attracts and only time will tell how TrustedHealth fares. Till then, they have a basic working product backed by a good business model.\n\n\n1. Return: TrustedHealth gets a positive rating in 11 out 15 of our asset evaluation metrics. The positive score is significantly higher in the Problem Statement, Business Model, Team Members and Valuation metrics. TrustedHealth gets an average rating in 4 metrics. The average score is given to the Market (small market coverage due to niche focus), Competition, Legal and Roadmap metrics. TrustedHealth does not get a negative rating in any of our metrics. We assign a Return Rating of 7 out of 10 to TrustedHealth.\n\n2. Risk: TrustedHealth faces risks due to the competition, extended roadmap and legal concerns due to the presence in the healthcare industry. However, the risks get subdued due to the low valuation at least at the time of listing. We assign a Medium Risk Rating to TrustedHealth.\n\n3. Investment Horizon: Short Term: Positive. The small hard cap will be easily achieved and the first stage of the roadmap will get completed in Q3 itself.\nLong Term: Positive. TrustedHealth will have a readily usable product in the form of Trustedoctor. The low valuation combined with a working product, makes us positive for the long term.\n\n4. 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