Jelurida Ardor ICO: Company Review and ARDR Token News Updates

Jelurida Ardor Platform ARDR ICO: Scable Business Blockchain?

The company is developing a next generation of scalable, usable blockchain technology for users of all experience levels. Ardor is running on testnet as you read this. And it has a unique design that allows you the simultaneous existence of several different blockchains. The smaller chains are known as child chains. They are said to have some of the greatest features that the industry has seen and that’s including very secure data transfer. They’re guarded on a global scale through the security protocol of the Ardor Chain which is the parent of the network.

How Does Jelurida Ardor Work?

The first chid chain that is parented by Ardor will use IGNIS tokens as gas. The NXT Blockchain feature that have been tested already will also be used on the child chain. And it’s said there will be multiple Ardor platform enhancements that are continually being added to the platform.

The two chains will be allocated to the different user accounts of Ardor and the genesis block. There will be heavy levels of distribution that is based on the snapshots being tested and conducted on the Nxt blockchain as we speak. It’s going to be performed directly following the ardor launch.

The distribution of the platform will be in relation to the total number of IGNIS Coins that are being issued. That will be somewhere around half of what NXT coins exist at the time. Likely in the realm of 500 million of so. At least half of IGNIS Tokens will be saved for automatic distribution down the road for NXT holders. The distribution will be based on their accounts during the time of the Ardor Genesis Snapshots.

Ardor’s founding company, Jelurida, launched Ardor on January 1, 2018 through a crowdsale of its first child chain, IGNIS. The crowdsale garnered $15 Million.

There has been an issue of warning in regard to the tokens as well. It’s possible that fake tokens will be created, something to look out for. It could be that there will be similar tokens created with the same name by other third parties and they will appear in different areas of the wallet like of the Asset Exchange or the Marketplace. Because of the decentralized nature of blockchain technology, it’s impossible to prevent these tokens from being created. Not only that, but the company is holding no responsibility for anyone who loses anything or suffers any damages as a result of any fraudulent charges brought up against you.

Who Is Behind Jelurida Ardor?

It’s not known exactly who is behind the launch of Jelurida. And because of that, it’s important to be careful before investing into this platform. As of now the only thing that shows anything about who is behind the platform is a small copyright at the bottom of the website claiming Jelurida B.V. You can find them on different publications and even Slack if you have more questions about the company.

Jelurida Ardor Conclusion

This is likely a real ICO with great intentions. It’s a bit dangerous though, considering that the company is already issuing releases of statements claiming that fraudulent tokens could be made. So be careful before you purchase any of their tokens with Jelurida.