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#PHALA target price

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Firstly this is not financial advice. Secondly, always do your own research before investing in crypto. The price target here is based on the Lord Skin's formula.
Below is taken from CMC
Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.

Phala is also based on Substrate, and will run as a parachain of Polkadot ecosystem.

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