The following is not financial advice.

Welcome to back The Scoop!

This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin by focusing on evaluating instead of predicting.

What is TIE?

It's a set of products, originally focused on social/professional networking and collaboration and now on decentralized database and content storage and searchability, using DApps and the Ethereum network. Use cases include big data, social networks, document registries, mass media and file sharing.

Roadmap here:
https://ties.network/#roadmap

Where's the wallet?

ETH tokens can be stored in the official wallets.

Latest Yellowpaper:
https://docs.google.com/document/d/1UwaaUgunnrFpL6jetA_DdNLQsbbqBx1HLcln07kLrUw/edit

How many of them are they?

CMC says ~39m circulating with a total supply of 59m. Unsold ICO tokens were burned.

Who's the team?

Business and finance types and quite a few developers.

More details:
https://ties.network/team

What motivates them?

20% pre-allocation for the team.

Business overview:
https://cdn.ties.network/business-overview-en.pdf

Marketcap and Competitors?

~18m cap with just under 100k volume.

Similar projects or target industry...

• BigchainDB (but no token that we're aware of)

How is TIE different?

We've yet to hear of a LinkedIn-like crypto project and this one, if it turns into a high traffic searchable data source and ICO platform, has a shot to stand out and serve a large group of professionals. Although they have pivoted and are focused on the database product now instead of professional platform, both have business use cases.

Pros

• niche product
• various technical papers
• seemingly well funded
• active dev

Cons

• recent team turnover
• product pivot

Any constructive criticism?

Team must communicate more on roadmap progress and any further pivots for the product lines. Getting a beta out the door should be a top priority and hopefully they will be able to dedicate more time on the ICO platform soon.

Where is it traded?

Most of it's volume is on Tidex as of today.

https://coinmarketcap.com/currencies/ties-network/#markets

The Final

Based on the FA, TIE looks like a medium risk with high reward potential if they can deliver and drive adoption. Picking it up under 4k sats would be bargain or around 80 - 85 cents would be an upper entry while still expecting solid, crypto-style gains.

And that's your scoop!

Nobody is perfect. See anything I didn't quite get right, or needs correction? Please let me know!

Remember, absolutely NOTHING you read on this blog, twitter or otherwise content anywhere on the Internet by the authors is financial advice, so DYOR and be responsible!

One more time in case you didn't see the first two: this is NOT financial advice! Also, The Scoop authors may hold coins discussed here which may create some bias, but we try to be fair.