If you’re reading 21Crypto’s, I think it’s safe to say you’ve heard of DADI in one way or another over the past few weeks, so let’s start off by addressing the elephant in the room. DADI has been accused of plagiarism.
There is no denying that a portion, section 3.6.4, of DADI’s 70-page whitepaper very poorly paraphrased a part of SONM’s own white paper. The issue was raised on r/cryptocurrency with comparisons of the page in question and was crypto-viral soon after.
Meanwhile, the developer community (especially in crypto) prides itself on open source projects. How many current coins are forks off of other ones or forks of forks? Common code is borrowed everywhere. They are established tools and you don’t need to reinvent the wheel to move forward.
FUD in this market is also very real. This market has allowed several copy & paste tokens with minimal changes to become worth hundreds of millions of dollars. Yet here we are, watching FUD bounce off the walls of every echo chamber each time it surfaces.
At first glance the reality of FUD is indistinguishable and can cause even seasoned traders to second guess. Experienced traders will not be affected initially as they will investigate the legitimacy of claims before making their move. Being able to parse through it to find the truth, relevance, and effect it has on the market is one of the skills that will make you a better investor in the long run.
As pioneers in a new space, you must assume that critical eyes are on your project at all times. If someone is working on a product in the same space, it’s inevitable that one would lean on or find inspiration in each other’s work when making your own product. Equivocally so, your competition and their bagholders will put forth incredible effort to find any stain they can use as a foundation for FUD. Having said that, the information utilized by DADI required citations and credit where credit was due, and they overlooked this.
After the allegations were raised, DADI acknowledged the issue and made several posts showing how the details contained weren’t in line with the current development. In this case, I think it was great that this issue was brought to light by the community and even better that DADI was transparent, clarified their position, and took immediate action to rectify the whitepaper.
Looking at the core details about DADI (Decentralized Architecture for a Democratic Internet) shows that they’ve been in operation since 2013 and used with over 200 brands worldwide including Virgin, Empire, & Monocle. They have a strong core team (https://dadi.cloud/en/team) of 18 full time staff whose prior experience include lead technical roles at Barclays Bank, the BBC, Airlock, Tesco, and Time Inc. The DADI global cloud platform is natural extension of their current business, focused on providing a variety of web services so clients can grow and scale their products at a fraction of the cost of competitors, like AWS.
The DADI token is used to pay for usage of the web services suite with fees paid out to hosts, gateways, and the ecosystem infrastructure with a portion being burned to control inflation. More information on hosts, gateways, and payment methods can be found in the white paper (https://dadi.cloud/whitepaper).
The platform utilizes a fog computing structure, a decentralized pool of devices connected to the internet, meaning no single authority can regulate how resources are distributed. A DAO (Decentralized Autonomous Organization) organizes the fog computing of DADI, which also prevents the need for consumers to pay ahead of time as they would with centralized cloud platforms.
The test-net is currently live and you can check it out the CDN and other DADI dApps at https://dadi.tech/en/cdn/. They are additionally powering asset delivery for one of its major clients. Full details of the network can be found at https://dadi.cloud/en/ and the full development roadmap here: https://dadi.cloud/en/roadmap. DADI looks poised to deliver a highly functional cloud platform and web services product with multiple use cases and active clients in testing.
I encourage you to continue to look under the hood with DADI, read the updated whitepaper, see the team’s LinkedIn pages, check out the git commits and active development, look them up on every social platform they are on, dig deep. If you’re investing your money into it, you should understand the ins and outs, use cases, competitors in the space, roadmap, platform specifics, etc. at a minimum, after all it’s your money in the end.
The #roundtable and I have discussed DADI in detail prior to the writing of this article. We also spoke with the team at length during their AMA on our discord a few weeks ago. Since then nearly all of our core team became whitelisted for the ICO.
In my opinion, DADI has the team, the tools, and the ingenuity to deliver big this year. It’s also a prime example of why you should always DYOR (do your own research) because a simple Twitter post of the images may be enough to scare many investors away from an opportunity that could yield great rewards.