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ICO Analysis: Cryptoflix

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Once considered a niche market, video on demand services have now become mainstream. As these services continue toward mass adoption, Cryptoflix intends to become a player in the industry by tokenizing video streaming while adding it to the blockchain.

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Cryptoflix is a blockchain streaming platform designed for anyone, anywhere to view paid and free content. The paid content will include televisions shows and movies. Educational content will be free to individuals and available to schools, companies, governments and institutions via a subscription service. Users will be able to purchase the paid content with common cryptocurrencies and the Cryptoflix FLIX token – which will provide a discount to incentivize use. Cryptoflix will first target undeveloped, highly populated countries to gain traction and set out to expand from there.

Following the completion of the platform, Cryptoflix intends to create a film marketplace. Holders of the FLIX token will have the opportunity to invest in film projects listed on this market using FLIX tokens. This will provide funding for the production of film projects while giving FLIX token holders the opportunity to earn returns. The launch of the film market is scheduled for Q1 2019.

Token

FLIX is an ERC223 token that will be used to purchase paid content on the Cryptoflix platform at a discount and to invest in film projects through the Cryptoflix Film Marketplace. The token sale is scheduled to begin May 15, 2018, and conclude June 15, 2018. The price is listed as 1 FLIX = 0.0004 ETH. The hard cap is set at 22,800 ETH, which translates to $11.4 million USD at the time of writing. More than half (57%) of the tokens are available during the ICO crowdsale and 18% is reserved for the team and advisers with a one-year vesting period.

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Team

While it’s not uncommon for many of the current ICOs to have team members working full-time jobs in other companies and/or running other businesses, it’s certainly not the best case scenario for success. The Cryptoflix team is no exception, with their LinkedIn profiles showing outside obligations. It’s worth mentioning that only a couple of team members have Cryptoflix listed. However, they do have excellent experience in the fields necessary to achieve success, including film production and distribution, blockchain and marketing. Christian Falkenberg Husum is the founder and CEO of Cryptoflix, as well as current Managing Director for OptiNordic, Portobello Film Sales ApS and Phoenix Film Investments ApS. Stefan Steen Larsen is the COO of Cryptoflix and Head of Distribution and Marketing for Chili Entertainment ApS.

Verdict

Two billion people are estimated to not have access to bank accounts or credit cards, which is what current streaming and video on demand services require. Cryptoflix will give those people the option to use FLIX tokens or other cryptocurrencies in digital wallets to access video on demand content. Cryptoflix will start by launching its Cryptoflix streaming platform, which will include both free and paid content with ambitions to add additional services such as a film marketplace, a production company, an ebook distribution platform, as well as set up a charitable trust. Everything mentioned will be connected to the streaming platform. At the current price of Ethereum, the market cap for this project is rather low and could possibly give a nice return on investment if successfully implemented.

Risks

  • Team members have outside interests, which don’t allow for total commitment to the Cryptoflix project or its success. -0.5
  • The launch of Cryptoflix Alpha is scheduled for the third quarter of 2018, which is after the ICO. Savvy investors would prefer this to occur before the crowdsale. Although they have a proof of concept website, there isn’t any Github information. -1.75
  • If industry giants such as Netflix and Amazon Prime decide to join the cryptocurrency blockchain industry, they will be extremely tough to compete against. -1.5

Growth Potential

  • Developing nations with high populations create an opportunity for exponential growth, provided that a platform like Cryptoflix is able to successfully integrate and gain popularity. +3
  • While the team may not have what some analysts consider “all-stars,” the members have all the prerequisites to achieve their ambitions. +3.5
  • The free content offered should broaden the project’s consumer base and enable conversion of some free content viewers to paid content viewers. +2.5

Disposition

There is little doubt that streaming and video on demand services will continue to be implemented around the globe and Cryptoflix is positioned to profit substantially if successful at adding this tokenized service to the blockchain. The author would argue that focusing on underdeveloped nations in South America, Africa and Asia is one of Cryptoflix’s best decisions to-date, as this will broaden their chances of success. Getting to these markets first could give Cryptoflix a fighting chance if major players in this industry decide to begin using blockchain technologies. However, it’s unclear how those without bank accounts or credit cards will acquire tokens to use on the platform. Accounting for all factors, Cryptoflix receives a rating of 5.25 out of 10.

Investment Details

  • Type: Utility token
  • Symbol: FLIX
  • Platform: Ethereum
  • Price: 1 FLIX = 0.0004 ETH
  • Hard cap: currently $12,540,000
  • Crowdsale: May 15, 2018 – June 15, 2018
  • Available for sale: 57,000,000 FLIX
  • Payments Accepted: ETH

For more information regarding Cryptoflix:

Website: cryptoflix.io
Telegram: t.me/joinchat/HAI8CFMG4X23G1whB-rnYQ
Twitter: twitter.com/Crypto_Flix
Facebook: facebook.com/cryptoflix.io/

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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ICO

ICO Analysis: DataBroker DAO

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DataBroker DAO is a decentralized marketplace for data from IoT devices. By 2019, it’s expected the there will be 33 billion Internet of Things (IoT) sensors gathering data around the globe. However, in the current landscape, the data that these sensors collect isn’t easily accessible to outside parties. Additionally, the people collecting this data have no way of monetizing it after using it internally.

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DataBroker DAO utilizes a network of smart contracts to open up this sensor data marketplace and connect those collecting the information to those wanting access to it. There are four primary stakeholders in the DataBroker DAO ecosystem:

Sensor Owners

Sensor owners are the people and companies who have purchased sensors and are collecting data. They sell their data directly to other parties through DataBroker DAO, enabling them to monetize a previously less useful asset. Examples of sensor owners include farmers, manufacturers, transportation companies, and logistics services to name a few. Any entity that relies on IoT to collect data can sell it through the DataBroker DAO marketplace.

Data Buyers

Data buyers buy data, plain and simple. They can purchase data to either use themselves or for the purpose of enriching it and reselling it to other buyers. These buyers are encouraged to purchase data through DataBroker DAO in order to forgo the high upfront cost of sensors themselves. Data buyers include such groups as tv and radio weather stations, fertilizer companies, and city governments.

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Data Processors

The data buyers that end up improving and reselling the data are called data processors. The data enrichment process takes many forms. For example, data brokers can purchase data from multiple sources, categorize it appropriately, and then resell it. Or, an analysis service can hand-pick data based on a client’s request to provide customized recommendations. Those are just two examples – there’s no limit to the ways you can enhance data.

Gateway Operators

Finally, gateway operators power the DataBroker DAO network. They’re the bridge that enables sensor owners to sell their data on the platform. In return, they receive DTX token rewards.

Token

DTX tokens are the currency of the DataBroker DAO network. Data buyers purchase information with DTX, sensor owners receive payment in DTX, and gateway operators all get compensated with DTX. The DTX token is ERC20 compliant and follows the MiniMe standard.

Although operating as a company now, the DataBroker DAO team will eventually shift the governance model to a decentralized autonomous organization (DAO). After the project is up and running, the team will decide with the community on the future decentralization of the governance model.

The DataBroker DAO token pre-sale is currently in progress until April 26th. Normally, 1 ETH will get you 4,000 DTX but during the pre-sale, you get a 2000 DTX bonus. However, you need to contribute a minimum of 10 ETH to participate in the pre-sale.

The team will issue a maximum amount of 225 million DTX during the crowdsale – the same number as the expected amount of sensors on the platform in 2024. The distribution is as follows:

  • 48.0%Crowdsale
  • 30.0% – Lockup until 2021
  • 10.0% – Platform fund to help enterprise customers purchase tokens with fiat
  • 6.5% – Early supporters
  • 5.0% – Team
  • 0.5% – Bounty program

This is a fair distribution, although it’s unclear how the team will use the 30% once the tokens are released from lockup.

Team

Matthew van Niekerk and Roderik van der Veer lead the project as CEO and CTO, respectively. They both also founded SettleMint, a blockchain solution for IT teams, together. The rest of the team has substantial experience in blockchain development, business development, marketing, the works. One thing that’s missing, though, is any experience working with IoT devices.

The team also has a few advisors with the most notable being Patrick Byrne, the CEO of Overstock.com. Additionally, DataBroker DAO lists partnerships with the Ethereum Enterprise Alliance and Polymath among a couple of other partners.

Verdict

DataBroker DAO is working to make IoT sensor data more accessible and easier to monetize outside of internal systems. The team is doing so by creating a platform in which sensor owners can sell data to buyers through gateway operators. This creates economic value through a primary data market as well as a secondary market in which buyers resell data that they enhance.

Although the team is short on IoT experience, they have the support of Overstock CEO Patrick Byrne, an early cryptocurrency supporter. With the endless amount of data the IoT sensors collect, DataBroker DAO could be a financial gold mine.

Risks

  • Two-sided marketplace. The classic chicken-and-egg problem. Without significant data to sell, buyers won’t be interested, and a lack of buyers could deter sellers. (-1)
  • Dependent on gateway operators. Without these entities, the network won’t function. If the incentives aren’t enough to keep them on board, the business model fails. (-2)
  • Governance model not set yet. The token economics could change drastically once the governance structure is set. (-2)

Growth Potential

  • Complementary system. Entities can use DataBroker DAO with their current systems – no need for an overhaul. That’s huge for adoption. (+3)
  • Data is a HUGE business. Data is as important as ever and companies everywhere are paying top dollar for it. (+4.5)
  • Beta available. The team has already built a working . That shows more success than a number of other ICOs out there. (+5)

Disposition

DataBroker DAO scores an impressive 7.5 out of 10. The project is targeting a large and growing market with a product that’s already halfway built before hosting an ICO. Instead of forcing clients to overhaul their IoT systems, they’re creating their platform in a way that compliments what’s already being used.

The biggest two question marks in this ICO are the governance model and the locked up tokens. The decisions surrounding these two things could have a negative effect down the road.

Investment Details

The DateBroker DAO pre-sale is in effect until April 26th. Immediately following, the team is hosting the DTX public sale. You can find more information about the project and token sale here.

  • Symbol: DTX
  • Platform: Ethereum
  • Public Sale Start: Apr. 26, 2018
  • Price: 1 ETH = 4,000 DTX
  • Hard Cap: 108,000,000
  • Payments Accepted: ETH
  • Jurisdictions Barred from Participation: N/A

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing.




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ICO

ICO Analysis: Virtue Poker

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The game of online poker has been massive ever since amateur Chris Moneymaker turned a $40 online satellite entry fee into a $2.5 million, 2003 World Series of Poker Championship win. Over the years, two massive flaws involving centralized online poker sites have come to light. In 2008, Ultimate Bet insiders stole over $20 million in players funds by using a software program called “God Mode” which allowed them to see the other players hole cards. In 2011, it was revealed that Full Tilt Poker (the#2 site at the time) was a giant Ponzi,  involving insiders lining their own pockets with funds picked from their loyal players’ pool. Full Tilt was forced to shut down and players didn’t see their money for over a year. New startup Virtue Poker is looking to provide solutions to both of these problems, plus many more.

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Founded in 2015, Virtue Poker is putting poker on the Ethereum blockchain and using smart contracts to eliminate fraud and corruption by completely decentralizing the game. The virtue poker platform will offer several game changing features including tamper proof gaming, security of player funds, instant payouts and guaranteed tournaments.

Each table is represented by a smart contract. All players send funds from their own personal digital wallets to the smart contract that serves as an escrow agent. Once the game is over the contract distributes the money back to the players wallets. All game play happens off-chain using a secure implementation of mental poker. The Virtue team also designed a revolutionary  shuffle algorithm called the “Two Pass Shuffle,” which guarantees nobody can tamper with the cards.

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Learn all about the tech behind “mental poker” and “the Two Pass Shuffle” starting on page 17 of the whitepaper.

Token

VPP token has four utilities:

  1. It can be used as in game currency.
  2. It can be used for special tournaments.
  3. It can be earned as rakeback.
  4. It can be staked in a smart contract called a “Justice Registry,” which enables the staker to validate hands on the network in

The Virtue platform acts as a POS platform. The nodes in the platform are called “Justices”. “Justices are non playing peers, assigned to poker tables, who provide security and protection to players on the virtue poker network and in exchange recieve fees from players platform fees. the justices validate and submit the hand histories for storage to IPFS.”

The token distribution is as follows:

  • Crowdsale 20%
  • Second token offering after main net: 20%
  • Marketing and development: 20%
  • Founders: 17.2%
  • Strategic Partners: 18.8%
  • Advisers: 4%

Approximately 40% of proceeds will be used to further platform development, 40% for marketing, 10% for legal costs, 5% for consultants, and 5% for business development and partnership

In terms of price, everyone pays the same amount per token. The exact price per token will be set once the ICO is over. If the hard-cap is reached, the price will be $0.125; if they only reach soft-cap the price will be $0.06 or higher. (Contributing early doesn’t give you a bonus, it just assures you get a spot in the sale.)

There has never been any pre-sale or bonuses given. Every contributor gets the same deal.

Team

The Virtue team, advisers, and sponsored players are all rock solid.

Co-Founder Ryan Gittleson (ConsenSys) is the team spokesman. He has done several YouTube interviews where he proves himself very knowledgeable and capable.

Co-Founder Jim Berry has experience with NASA and a ton of tech ventures.

The CMO Dan Goldman, who was the first CMO for Pokerstars, building them up to No. 1 in the world.

One of their most notable advisers is Joe Lubin, who co-founded Etherum.

They also have a 7+ strong tech team led by Chief Cryptographer, Iddo Bentov (Cornell).

Finally, we have three poker legends to help market the site.

Verdict

Virtue Poker is by far the front-runner in blockchain poker. Their well thought out business plan, strong team/advisers and the three living legends for spokesmen guarantee they will at least be around for a few years to come. Success is going to first depend on building the app to perfection. And then on convincing players just how beneficial it is to move over to the Virtue platform.

“Our #1 value proposition is the security of player funds by not having to trust a centralized entity with the deposit or withdrawal process.” (Co-Founder, Ryan Gittleson)

Risks

  • Poker players hate rake, and it looks like Virtue’s rake will be higher than average. This summer, they plan to implement Plasma to calculate every hand without using ETH, only sending transactions to the blockchain when players sit down and when they leave. It’s still going to be pricey though and Virtue will be taking an additional rake each hand for business. -3
  • Gaining large scale adoption will be extremely challenging. Bovada and America’s Cardroom control the U.S. market while Pokerstars owns the rest of the world. Also, ACR recently started accepting a number of cryptocurrencies, which is one of Virtue’s main appeals. -3
  • Currently, the platform’s player to player shuffle technology is only performing at 70-80 hands per hour. This is very slow compared to the mainstream sites. Players these days play for money; the more hands they can get in per hour, the more money they make. They aren’t going to play on Virtue if it’s slow and complicated. -2
  • They don’t have a gaming license yet. They’ve been working for 18 months and are making progress in Malta and Gibraltar. They don’t want to promise anything, but are very optomistic about Malta by the end of the year. -2

Growth Potential

  • Phil Ivey, Dan Coleman and Brian Rast are constantly in the poker spotlight. They are literally the top guys in poker. They will be wearing Virtue logos as they win tournaments. Every poker player in the world will know about Virtue Poker. +4
  • Their solid technical team, strong management and Joe Lubin (Co-founder Ethereum/giant whale) as an adviser make it very hard to bet against this project.+4
  • The massive U.S. player pool has been banned from Pokerstars since 2011. They have found new sites to play on over the years, but nothing permanent. If Virtue can use their decentralized site to tap into the U.S. market, it could be glorious.+2
  • They are backed by ConsensSys, which is a global formation of technologists and entrepreneurs building the infrastructure applications and practices that enable a decentralized world. ConsenSys funded Virtue Power, helped them put together a team a team and supported the development of an alpha. At the end of the token sale, Virute becomes their own company and ConsenSys remains a passive investor.+2
  • The token price itself probably won’t ever be extra valuable, but if you can stake a large supply, it would be like running a masternode. Virtue Poker has a chance to be around for years to come, so a node on their site would be steady passive income for years to come +3

Disposition

This ICO is for folks who want to stake VPP tokens and become Justices (nodes). A score of 5/10 is warranted.

Investment Details

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4.2 stars on average, based on 9 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills!




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ICO

ICO Analysis: XYO Network

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Traditional location service providers, like the common GPS system, which is a project under the jurisdiction of the United States Air Force, are now facing multiple problems regarding their operational capabilities, that are constantly being left behind as technological advancement improves by the minute.

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There are various issues with the current GPS system, including the fact that it is a centralized service, fully controlled by the United States Army. GPS systems can experience a single point failure and result in a non-functioning service, the signal is not accessible by underground locations and sometimes even by indoor locations, urban density increases signal multipatch, energy-intensive components are not tailored for devices with long maintenance cycles. Traditional GPS systems are also volatile against signal jamming and spoofing.

Back in 2016, during the second annual Ethereum developer’s conference in Shanghai, Eleftherios Karapetsas introduced the concept of Proof Of Presence and its functionality. Today the concept is an Ethereum backed protocol called Proof of Location and it’s being used by a dozen of start-ups who are striving to disrupt the monopoly of the location tracking industry.

One of these innovative projects would be definitely XYO Network. The network they are trying to build will be composed of “Sentinels”, (devices that serve as transmitters) communicating with “Bridges” (location data transcribers) and then “Archivists” (databases), concluding to the Diviners (oracles) that give you the answer to your request.

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For example, you own a car rental company and want to review the location of all cars at your disposal. You simply make your request to the Diviner who then collects the data gathered from the Sentinels, transports them to the Archivists through the Bridges. A complex mechanism compares the data gathered at the Archivists as well as data from other Diviners to ensure the accuracy of the answer you will be given. Once the answer is the best answer, meaning that it is as accurate as possible according to the XYO Network, the answer to your query will be revealed.

XYO is not your ordinary blockchain-powered start-up. They are present in the industry since 2012, from when they managed to spread 1,000,000 beacons all over the globe. Now they are planning to deploy over 1,000,000 more microdevices, satellites, and sticker-based trackers (using RFID technology) and they even plan on expanding their Network to Mars.

From Location tracking to IoT and Mesh networks, XYO Network’s use cases affect multiple industries including eCommerce, Medical, Rental Car Agencies, Commercial Airline Logistics, Insurance Agencies, National Security Agencies, and Drone Package Delivery Systems, among others.

Token

The XYO token, which is the network’s native currency, is a utility token used to purchase ultra-specific geo-location data, exchange, and/or sell and buy location data, as well as rent your tracking information to the XYO Network in exchange for XYO tokens.

You can use the tokens to purchase various products and services coming with the XYO platform or translate them into major cryptocurrencies like Ethereum (ETH) from where you can find a gateway to Fiat currencies or other cryptocurrencies respectively.

The total amount of XYO will be determined after the token sale since any unsold tokens will be burned and not additional XYO tokens will be generated in the future.

The starting price will be equal to 1ETH = 100,000 XYO, while the price per unit will be maxed at 1ETH = 33,333 XYO. The exact price per XYO is yet unknown since Ethereum’s price is constantly shifting. One thing is certain, and that is XYO Network’s goal to reach a capital of $48 million at the end of the public sale.

Team

Arie Trouw (Founder & Architect), who started writing software with his TRS-80, moved from Atari to Apple and Microsoft during his early career days. He is an experienced serial entrepreneur with multiple companies under his signature raising 8-digit capitals.

Scott Scheper (Co-Founder & Head Of Marketing), started working for Arie Trouw back in 2009. In 2013, he launched Greenlamp, a programmatic advertising agency focusing on direct-response media buying. In the first year of its operation, Greenlamp managed to generate over $12M in revenue.

Markus Levin (Co-founder & Head of Operations) has over 15 years of experience in building and managing several companies around the globe. He is the one who utilizes the talents of every employee and gets the best out of his team.

In the board of advisers, we can find among others Tom Kysar (Advisor – XYO token market economy), who is the operations lead at Augur and has ties with Ethereum, and Raul Jordan (Advisor – XYOMainChain Scalability) who received a Thiel Fellowship after dropping out of Harvard.

In general, the team looks solid and professional, with a board consisting of over 20 people all specialists in various spectrums of the location tracking industry, blockchain technology, and information technology.

Verdict

Proof of Location, in general, is a very disruptive concept and within a year we already have individual companies with their own platforms based on the initial protocol.

XYO is not a newcomer when it comes to technological marvels. But they are the first to integrate a big spectrum of location and information services all into one single blockchain-backed platform.

The XYO Network consists of a series of physical, digital, hardware and software products and services that will eventually be able to communicate with each other using the XYO Network.

Of course, it would be a challenge to compete with the U.S. Army, the provider of traditional GPS systems, but we already have seen what blockchain did to banking and even governmental institutions, this shall be not a problem for XYO if considered with accuracy.

Risks

From an investor’s perspective, the following facts are important to consider when weighing XYO Network:

  • XYO Network plans on competing with one of the most difficult players in the industry, the American Army. Of course, Proof of Location is a unique innovative concept that will alter the way we interact with location services in the future, but it won’t be an easy task to fulfill. -2
  • Establishing a complex network relying on multiple concepts including Internet Of Things (IoT), Mesh Networks and location tracking services can be challenging and really difficult to maintain. XYO must prove itself before attracting serious investments. -2
  • The XYO Network is not only highly complex, but also very expensive and requires a significant amount of time to be deployed. Therefore early investors will have to be patient in order to see some interesting growth generated by their initial investment. -1.5

Growth Opportunity

  • On the other hand, Proof of Location as a concept is one of the most revolutionary ideas not only in the sphere of blockchain but in disrupting technologies overall. XYO Network among other start-ups who are focusing on this new protocol might be exactly what we needed to escape the American Army’s “Big Brother”. +1.5
  • A real-time location tracking system that relies on multiple systems, hardware and software is going to be absorbed by the logistics industry in no time. People could track their physical or digital assets in no time with extreme accuracy that will indicate not only the exact location of the desired package but also its travel/exchange history, current condition and more. +3.5
  • The XYO team is consisting of professionals who have proven themselves at work in the previous decade generating accurate business plans that led to extraordinary profits. +3
  • The Proof of Location concept is backed by various industrial companies and individuals both in the blockchain and traditional markets scene, including Ethereum’s own Vitalik Buterin. After all the concept was created by young Ethereum’s engineer, Eleftherios Karapetsas. +2.5

Disposition

As previously mentioned, XYO might sound like an ideal futuristic project, but it will require a lot of time, energy and funds in order to achieve its goals.

Traditional ICO investors usually invest for fast profit within six months or a full year. XYO is definitely not the solution for these investors, as it might need more than a couple year to grow into a fully developed and functioning product.

The closest project to XYO that we could think of would be IOTA, without a doubt. It’s a long-term (if not the longest) opportunity, but it requires patience and understanding.

A score of 5 out of 10 is reserved for XYO Network, based on present facts.

Investment Details

  • Type: Crowdsale
  • Symbol: XYO
  • Platform: Ethereum
  • Pre-Sale: Mar. 20, 2018
  • Public Sale: May. 20, 2018
  • Payments Accepted: ETH (KYC Required)

 Official Website

White Paper

Disclaimer: The writer has no position in XYO Network at the time of writing.

Featured image courtesy of Shutterstock. 

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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