Ardor

Ardor(ARDR)

Ardor is a blockchain as a service provider. Ardor, Nxt, and Ignis are all projects from a company called Jelurida. Ardor uses most of the features Nxt provides and solves some of its problems. Using parent and child chain architecture, Ardor improves scalability and makes the size of the blockchain manageable. Their main customers are businesses and institutions.
  • Market Cap
    $255.079.536
  • Price
    $0.255335
  • Category
    Business services
  • Origin
    Netherlands
  • Team Size
    1-10
  • Initial Release
    19/06/2016
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    7.5
  • Team Ratings
    6.8
  • Execution Ratings
    6.1
Product
  • The need for the product ⓘ

    8
  • Total addressable market size ⓘ

    9
  • Product/market fit ⓘ

    7
  • How is the product compared to existing solutions? ⓘ

    8
  • How difficult is to make the product? ⓘ

    8
  • Could this product scale? ⓘ

    9
About Product
Blockchain as a service has a potential, a good market and moderate competition. This service is profitable for Ardor since they provide customization, licensing and consulting services. In terms of technology, Ardor compared to some of the most used blockchain technologies. While it might be a better solution, it has a low adoption.
Team
  • Team's previous experience ⓘ

    7
  • Does the team have a clear vision? ⓘ

    8
  • Is technical team sufficient for building the product? ⓘ

    9
  • Is the team active? ⓘ

    8
  • Is the team size big enough? ⓘ

    5
  • How is the team growth? ⓘ

    5
About Team
Most of the team is tech-heavy. They are experienced in blockchain development. We believe that they need business-minded individuals and a good marketing team.
Execution
  • Could this team get the product into a market? ⓘ

    7
  • Could they do it in time? ⓘ

    7
  • Did they meet previous deadlines? ⓘ

    8
  • Is the marketing strategy sufficient? ⓘ

    6
  • Team’s previous achievements ⓘ

    7
  • Strategic partnerships ⓘ

    5
  • Current market size ⓘ

    6
About Execution
Ardor lacks major partnerships. It seems like a good tech is not used to its potential. Team allocated a budget for exchange listing and looking for more customers.

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Initial Rating: April 29, 2018

Last modified: June 8, 2018