What is Edgeware?
Edgeware is highly scalable and sell-upgrading Web Assembly based Smart Contract platform. Edgeware based on Polkadot ecosystem that will be run on Polkadot global network of blockchain. Edgeware network integrated with Proof of Stake validation, provide interface for on-chain indentity, cutting edge governance and WebAssembly rutime smart contract. Edgeware smart contract uses Rust as writing language and uses WASM for execution.
Edgeware said to be Polkadot’s first smart contract chain, where it can easily deploy code on the polkadot network in future. as of writing Polkadot is still under development and launching very soon. Edgeware mainly focusing on governance mechanism that enable on-chain identity, quadratic voting and modular governance. The participant allows to vote, delegate and also transfer money with each other to help in network upgradation. As per official portal most of the network uses lockdrop for building strong early stage community.
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Edgeware officially launched by commonwealth Labs, where they wanted to create multi-chain interface for the decentralized governance founded by experience team that include member of Skillshare, Web3 Foundation, Angel list. Edgeware Stack aim to build DAOs, cryptographic voting system, interfaces for collaboration and economic mechanism by using self-improvement mechanism.
Edgeware Price Prediction
|Month & Year||EDG Price Prediction|
|Based on||Decentralized governance|
|All-time high||$ $0.041383 USD|
|Exchange Platform||MXC, BKEX, Hotbit|
EDG ICO Overview
|Date of ICO||31 August 2019|
|ICO Price||$0.003 USD|
Edgeware Price Analysis
Edgeware ecosystem has native token i.e. EDG token i.e. used to get staking rewards and enable governance voting rights. EDG distributed as rewards for staking using NPoS nominated proof of stake consensus mechanism to receive block reward. Edgeware was listed on 10th march 2020 with average price $0.0031 USD after being neutral, there was some improvement in market cap volume. since, 20 may 2020 EDG consistently started surging in price graph and shift from $0.0030 USD to $0.026 USD with 766% in less than 2 months.
Will EDG hit $1 USD?
Yes, most probably after 6 to 7 years from now.
How much EDG will be worth in 5 years?
Probably worth $0.70 SUD
How Much EDG Worth in 2030?
Expected to be worth between $2 to $2.5 USD
Is Edgeware a Good Investment?
Yes, once polkadot launched Edgeware will gets benefit from that news.
Edgeware wanted to solve major problem in blockchain i.e. scalability and for that they have adopted number fundamental different architecture. The network smart contract supported by WASM compatible language that include C, C++ and other language too. The network gives rights to tokenholder via on-chain voting for upgrade of network. Network upgrade plays major role for gaining market cap volume and users interest. So, after polkadot backing will makes the difference and Edgeware may be next future Governance backed protocol.