Hyperion ICO Analysis The Good, The Bad and The Ugly

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The Good

The biggest plus of the Hyperion ICO is the team behind it. The CEO, Michael Stollaire, has a lot of experience in the blockchain industry and is well versed with the technology. He is also a realist and has been honest so far in his approach as a marketing head. In a recent article he wrote, he admits that he has failed at some of his earlier projects but that he is working hard to make things right this time. It’s certainly a breath of fresh air to see that kind of honesty in an ICO company’s CEO that most other companies are lacking these days.

The use-case for Hyperion seems pretty good too. They want to try and be the “Amazon” of the blockchain industry by providing cloud services to those developing on blockchains. That’s incredibly necessary in my opinion as it will help companies focus more on their product instead of spending time setting up their own infrastructure from scratch.

Hyperion claims to have over 1,500 ICO clients already signed up and more than $100 million in annual contracts with these clients as well. That’s certainly a huge number since they are just getting started with their platform still under development. While this may seem suspicious at

The Good

Hyperion is a decentralized energy trading platform, essentially acting as the middleman between buyer and seller, with the ultimate goal of enabling peer-to-peer energy trading. The main benefit of Hyperion is that it addresses a real problem in the energy industry where consumers are forced to purchase power from their local utility (a monopolized industry) at a fixed rate and sellers are forced to sell their excess electricity back to the utility at the same fixed rate. Hyperion will solve this problem by allowing direct communication between buyers and sellers without the need for a third party intermediary. This theoretically should drive down costs for both parties, as well as provide them more flexibility in how they use/sell their electricity.

The team behind Hyperion has proven experience in the energy sector, having developed an Energy Operating System (EOS) which integrates renewable energy sources into existing electrical grids. While this may not directly translate into experience building a blockchain based platform, it does show that they have some understanding of the industry they’re trying to disrupt.

The Bad

Hyperion’s whitepaper leaves much to be desired when it comes to detail on how exactly their platform will work. There is no technical specification beyond what you’d find on their website or

The Hyperion ICO is just around the corner, and as many of you know, I have been following it for a while now. The project aims to create a decentralized and autonomous map of the world powered by a tokenized incentive system. This will enable self-driving cars, drones and other autonomous devices to locate themselves in real time with high accuracy. As one can imagine, this type of technology has a huge potential usecase within the autonomous transportation industry.

I recently had the chance to talk with two of the founders of the company, Marcin and Marco. They explained some details about their project that I was not aware of, and after talking to them I decided to do a write up on what they are attempting to build.

In this blog post I will go into detail about what I think is good about this project, what is questionable and what I believe are some potential red flags. As always, please do your own research before investing in any ICOs. Let’s begin!

The Good

1) The Partnerships

Hyperion has some pretty big partnerships already established in place going into their ICO. The most notable ones are Uber and JD which are both huge industry giants within their respective sectors (ride sharing and e-commerce). Both these companies

Disclaimer: This is just a write up of my personal opinion and should not be taken as investment advice. My opinion may be biased and I would suggest you do your own research before investing in anything.

To start off, Hyperion (HYN) is a project that aims to decentralize the energy market by creating a peer-to-peer marketplace for trading electricity. HYN ICOs on LAToken in two days (May 15th) and has been listed on HitBTC with an early investor round price of $0.01.

The Good

Hyperion is one of the only projects in the energy sector which is actually backed by a company that is active on the energy market today, namely Electrify Asia. According to their website :

“Electrify is Asia’s first retail electricity marketplace. We are building an ecosystem of products and services around our proprietary blockchain-based platform that will help democratise access to energy across Asia.”

I have read through their whitepaper and have to say that it seems very promising with a competent team and strong advisors behind them. The idea of being able to buy/sell solar power from your neighbour seems pretty cool and would definitely be beneficial for emerging markets where the electricity grid still needs to be developed. The

The Initial Coin Offering (ICO) market is growing at an incredible rate. This is largely due to the fact that Ethereum, which has made it so easy for startups to issue their own tokens. The Hyperion Fund aims to invest in the most promising ICOs, which are handpicked by a group of experienced investors and traders.

The Good

– The team has real experience from working with hedge funds and other financial institutions, which should provide a good foundation for managing the Hyperion Fund.

– The advisory board consists of experienced investors from traditional finance and high profile figures from the blockchain space, such as Pavel Bains (Bluzelle CEO) and Thomas France (Kima Ventures).

– The HYN token offers exposure to the top 20 ICOs, diversified across sectors and protocols. This provides a great opportunity for investors who don’t have time to analyze ICOs themselves.

– The team will also provide market intelligence on upcoming ICOs, altcoin research reports and continuous updates on their portfolio.

– There will be a beta version of the Hyperion Fund platform available in Q1 2018, which will allow users to track performance. A full version of the platform is expected to be released in Q2 2018.


What is Hyperion?

Hyperion is a decentralized map platform that allows users to contribute and monetize. They have a working product named GeoDB, which is a blockchain based data management app that aims to democratize the value of location data. The project allows users to capture, share and sell their data in return for their native token named HYN.

The Good

There are three major things that I like about Hyperion:

1. Working product

2. Strong team & Advisors

3. Large user base for GeoDB [currently has 1m registered users]

Working product: Hyperion currently has a working product, GeoDB, which is an app built on top of the Ethereum blockchain that allows users to earn HYN tokens by sharing their location data anonymously. The app is available on both iOS and Android and has around 1 million downloads currently. This gives the project an edge over many other projects in the space as it already has a working use case for its native token, HYN. Also, this will help them bootstrap their network as they already have existing users who can start using the network after its launch instead of starting from scratch like most ICOs do. Currently, they have only added value to the user by

1. Hyperion Token

The Hyperion token is an ERC-20 token, which means it can be stored in any Ethereum wallet. Tokens are used as a payment mechanism for the ecosystem and will also be used to pay for transaction fees on the network. The total supply of the Hyperion token is 100 million tokens. The team has stated that they will never create more tokens after the ICO is over. However, users can burn their tokens, which will decrease the total supply of tokens in circulation.

As for the token allocation, 70% of the tokens will go to investors during the initial coin offering (ICO). This leaves a maximum of 30% of the tokens to be distributed in other ways: including 15% for future development, 10% for the current team and 5% for bounties. As a result, it may not be possible to buy many HYN tokens on exchanges after the ICO is over due to a relatively limited amount on offer compared with other projects.

The team has designed a simple price schedule for the Hyperion ICO with no discounts available during any part of the sale. In fact, you can only buy HYN in lots of 1000 or more up until a maximum of 10 million HYN per person. The value of

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