Egretia: Marrying HTML5 and Blockchain for Mutual Good

bonanza-kreep (66)in #egretia • 7 years ago (edited)

The HTML5 technology has been developing rapidly over the past several years. Internet, mobile games, video, advertising, and other industries have been boosted by HTML5. However, the full potential of the technology hasn’t yet been unleashed because of its several weak points. Egretia believes that they can eliminate these weaknesses through the use of blockchain.

Egretia is building a platform meant to solve HTML5’s major issues, which are, as they see them:

- insecure payments;
- insecure storage of user assets;
- cheating in games;
- slow response to distributed back-end communications;
- insecurity of intellectual property;
- developers unmotivated to provide high-quality;
- undiversified approach to the monetization of traffic.

On the other hand, the proposed solution is thought to improve blockchain by eliminating the following issues:

- poor development, testing, and upgrade process;
- poor development tools and a small development community;
- user inconveniences and high learning costs;
- security issues of accounts and wallets.

Key Features

Egret Technology Workflow

Egretia is a product of Egret Blockchain Lab, a company founded in collaboration with Egret Technology. Egret Technology has been focusing on HTML5 workflow development for the past four years. This workflow includes over 10 products and has reached more than 200,000 developers worldwide. The content powered by this workflow covers 1 billion mobile terminals.

Blockchain SDK

Egret’s workflow will be integrated into the blockchain interface layer of Egretia. This will allow all HTML5 games to access their blockchain development suite. In the long run, this interface network will become extendable to support Ethereum, EOS and other public chains.

Egretia Ecosystem

The Egretia platform is comprised of the following elements:

- a blockchain-based development workflow;
- four core platforms;
- incubator.

The platform provides blockchain solutions and services to players, content providers, channels, and advertisers.

Roadmap

Egretia plans to release its first test development tools, chain, and smart contract in the second quarter of 2018, which is expected to be followed by the launch of the first wave of Egretia blockchain games and applications in the third quarter. Most releases, such as the user digital wallet, game platform, virtual goods trading platform, and advertising platform, are scheduled for 2019. In 2020, Egretia plans to support Ethereum, EOS and other public chains and launch the stable Egretia Blockchain V1.0.

Team

Egretia Blockchain Lab core team features:
Peter Huang, Founder. He is also a co-founder of Egret Technology, featuring 18 years of experience in software development, including roles as a technical manager at Adobe Flash Platform and Evangelist at Adobe Systems.
Dirk Meyer, Co-Founder. Alongside Egretia, Dirk maintains the position of Senior Program Manager at Adobe. He has worked in global project management for about 20 years.
Yin Ma, Compiler and toolchain expert. He works as a senior staff engineer at Qualcomm. Yin has about 20 years of experience in software development for companies such Microsoft, Absoft, and similar.
Ross Przybylski, Founder of D20Studios and former producer of Electronic Arts. Ross features more than 15 years of experience in software development and 10 years of experience in game development, focusing on developing great games.

We couldn’t find any information about other team members on the Egretia website.

Advisory Board

The advisory board of Egretia includes nine experts:
Lucas Lu, founder of 5miles and Cybermiles, the first GM of Alibaba's Taobao Mobile platform and co-founder and ex-CTO of Light in the Box.
Frank Lee, founder of several startups, Angel Investor, and developer of the first Litecoin ASIC miner in the world.
Hongfei Tian, founding partner of iVision, he previously founded Yardwallet, a bitcoin mobile wallet.
Yong Yao, founder of Wing Hang Technology, leading the company to develop its own H3D-engine.

Following and Media Coverage

The Twitter account of Egretia has 1,701 followers; their Facebook page is followed by 1,894 people; and their Telegram group has 4,546 members.

The Media section of their website features several logos which look clickable, but in reality, are not.

Competition

The Egretia Whitepaper does not mention competitors. If you Google for “HTML5 and Blockchain” you will see that most of the results are entries about Egretia. Also, you will find another project, HTMLCoin, which looks like a competitor of Egretia.

Whitepaper and Other Documents

The Whitepaper has 39 pages, of which 28 are dedicated to the technology while the rest describes the team and the roadmap.

Conclusion

Egretia seems to be a truly innovative project, as long as they don’t have many competitors. This could also be because the solution that they offer is not yet demanded by the market. The team of Egretia, though it’s quite small compared to other similar projects, consists of experienced engineers and digital entrepreneurs who are presumably well-aware of the technical challenges they are trying to solve with the project. What’s important, we would love to see some information about Egretia’s token, token sale, and the financial side of the project because this is not mentioned, either on their website, or in the whitepaper.