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ICO Analysis: Etherparty

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Smart contracts are great. They are a transparent way to conduct business and other operations without human interference. Human intent can be agreed upon and expressed once, and acted upon forever. We can imagine situations where smart contracts won’t work as well as their legacy models, of course, like overbilling situations or exceptions to policies that require human finesse. Nevertheless, the full benefit of smart contracts won’t be felt by society at large until it becomes overtly hard to do them wrong. Because smart contracts are a power tool where most people are accustomed to using hand tools, and mistakes are easy to overlook or make. Compounding the complexity is the potential for exterior security vulnerabilities to make smart contracts vulnerable.

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What’s required then is a system, or many systems (more likely), which make it very easy for humans to write valid smart contracts and very hard for them to write dangerous ones. Etherparty is another effort in this direction, though hardly the first. In fact, several ICOs have been aimed at lowering the technical debt incurred in entering the world of smart contracts. At heart, several ICO’s products have essentially been graphically-friendly templates that allow the user to generate smart contracts, and their smart contracts generally require some interaction with the sub-network’s token system. Aragon and several others do this for business, but a more direct comparison can be drawn between Etherparty and BlockCAT.

Etherparty bills itself as “a platform that will enable anyone to write smart contracts across multiple blockchains.” BlockCAT essentially wants to be the same thing, calling itself “smart contracts for everyone” and letting you know that “you shouldn’t have to be an expert to use smart contracts.” We feel that, actually, in the grand scheme of things, many more than just these two will be necessary. So a lack of novelty in the concept of consumerizing smart contract authorship is not going to be a major drawback in our assessment of Etherparty. While we run the clear risk of joining the cavalcade of people much too early pronouncing the arrival of the blockchain revolution, we do think that such a revolution is going to require easier tools for participation, and that those who provide them stand to make a few fortunes.

Etherparty Overview

Since we have a clear understanding of what Etherparty is doing (Wix or Geocities model of Smart Contracts), our overview should focus more on their design intentions, or things that it will product to make itself stand out.

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Here are a few things we noted:

  • Differentiating from BlockCAT, they intend for smart contracts to be able to be used on any blockchain that supports smart contracts.
  • Etherparty users won’t have to sync with the Ethereum network to execute their contracts.
  • A tiered subscription model keeps the system in constant income.
  • An enterprise solution to compete with Aragon and others will be offered; it will use the same FUEL tokens.
  • Human arbitrators can be allowed access to Etherparty-generated smart contracts. While this point is listed under “flexibility,” we hope that they can also be flexibily forced to remain under the terms of the contract, or else some types of businesses will not be interested.

Etherparty’s design calls for as much user-friendliness as possible. Their mock-ups are certainly attractive:

Thus far, we’re having trouble objecting to much in the concept except its timing. Mass adoption plays are probably still early, although we must note that Coinbase.com has seen heavy, heavy pick-up in recent months. That’s to say they may be less early than the author suspects.

Etherparty Token and Function

A subscription-based platform is the perfect use of a token – the value of access to that platform then helps determine the speculative value of it, giving analysts and traders a clear baseline to navigate from. Etherparty’s platform will have 1 billion tokens with access to it. When tokens are used in the platform, they are then recycled and put for sale again. Etherparty will offer a method for users to acquire them, and just like any other ERC20 token, people will be able to trade and buy them on exchanges as well. The price provided by Etherparty will be a critical instrument in determining futures on FUEL tokens.

Distribution

1 billion tokens are being issued in total, with 400 million already having been sold in a pre-sale. Another 400 million are going to be sold over a maximum of four weeks beginning September 15th. 100 million are held back by Etherparty to issue out as bounties and such, while half that figure are going to be kept for the team themselves. However, the 15% of tokens just mentioned will be locked for 6 months following the ICO – don’t put a lot of stock in this, as it doesn’t matter – six months is a short enough time to do nothing of consequence, but it does keep the tokens off market, which at least ensures that the market can play itself out correctly.

Etherparty Team

On his own website, Kevin Hobbs describes himself as:

a dynamic, outgoing individual with the skill and experience to get to the meat of the issue and provide solid strategies and problem solving methods to achieve and supercede sales, business development and overall organizational company goals. A proven ability to build sales pipelines, establish new business and satisfy customers and partners with outstanding service. Proficient in building departments at dynamic high-growth startups and fulfilling sales targets within small, entrepreneurial companies as well as large established organizations. A strategic thinker with a proactive, creative and collaborative approach. A true leader and team player with B2B and B2C experience.

Based in Vancouver, Canada, Hobbs has previously worked in stock trading, including as a corporate trader for FIRMA FOREX. He spent five years between 2010 and 2015 overseeing the operations of an oil rig (no joke.) Then in late 2015, Hobbs joined Vanbex, his primary pusuit.

The Vanbex Group delivers strategic business consulting and marketing activities for early stage and venture backed companies in the Blockchain industry.

Hobbs wrote on the Ethereum DAO fiasco last year, saying:

So while the inner workings of The DAO as a crowdfunding vehicle is automated, the collective of minds and the decisions afforded to them are not — and so the picture of inefficiency, indecisiveness and lack of top-end leadership begins to paint itself. […] It’s not necessarily a chaotic system, there is order set by the governing contract (DAO 1.0). […] But from an objective position, someone who has no vested interest or stake in the Ethereum-based crowdfunding vehicle, it seems a decentralized organism lacks something so pivotal to success in business — to entrepreneurship — especially early on, that is, a central guiding force.

It seems the central guiding force that Hobbs found for this problem he elucidiated was Etherparty, which allows for human arbitration to occur and provides significant guidance on how that should be done in its whitepaper.

Yet, listed as the founder is Lisa Cheng, also founder of Vanbex. Her name conflicts with a world famous body builder and a professor in Norway, but we quickly found this video of her speaking about her work at Vanbex:

She lists some previous credits to Vanbex and Etherparty on her personal website, and also notes there that she was building websites on Lycos.com as early as age 15. (Notable and mildly ironic given her present pursuit in Etherparty – wouldn’t it be great if making smart contracts was as easy as making websites on Lycos was?)

She previously worked in sales for SAP and ADP, and also spent a few months working at Mastercoin, “a non-profit supporting the development and innovation of Bitcoin technology.” Perhaps most importantly, she spent 3 months working for the Big E, Ethereum proper, in communications. This is notable because she likely retains connections from that time in her career.

The Verdict

A winner both short and long-term? We think it’s possible. Etherparty are cognizant of the reality that the next unicorns will be those who focus on blockchain adoption. Their work through Vanbex puts them deeply in touch with many parts of the industry. We think they will develop an initial userbase quickly and that the company will thrive.

All of that said, a billion tokens requires a lot of demand in order to maintain a decent price. The rate that investors reading this review will get starts at 0.00033 Eth and rises to almost twice that by the end of the sale, supposing that tokens don’t simply sell out in the first week at the lowest price. The final rate is about 24 cents and the initial rate is about 12 cents each. If we take a median between the two, 16 cents, and multiply that by the number of tokens that will be in the breeze – 850 million – we have a network valuation of around $136 million.

With 1 billion tokens, every dollar on the token requires a billion dollar valuation of the network as a whole. While we can definitely see this happening, it makes the actual business prospect associated with the tokens … interesting. If to conduct the same operation one day costs someone a wildly different amount than the following day, problems could arise. We assume that Etherparty will incorporate a price-fixing mechanism that prevents actual customers from suffering at the greedy hands of speculators – they must be allowed to speculate as wildly as they want while the token should still be usable on the platform itself.

Risk

  • Subscription model is great for revenue, but always makes Etherparty vulnerable to other models. Whole system is built around subscription model, or else the tokens lose their value, so this is important to be wary of. -2
  • Mass adoption target makes the task much bigger. -1
  • While we like the recycling of tokens and having a ticket vendor at the front provided by Etherparty, we worry that 1 billion tokens outstanding will permanently depress the value of an individual token, or in any case slow down the progress of that all-important “last price” metric. As such, for the short-term traders, we have to deduct another point.

Growth Potential

  • Even the worst idea in easy-to-use smart contracts should get one point, so let’s start there. +1
  • Targeting all blockchains instead of just Ethereum puts Etherparty in a more competitive and attractive position than BlockCAT, one of their key competitors. +2
  • Identifying ease of use and mass adoption as primary growth areas will yield greater results than projects which focus inwardly, wanting to service existing blockchain companies and users. +2
  • Team exudes confidence and knowledgability. While we didn’t mention him in the team section, lead architect Kevin Onn has three decades of programming experience. We hope this translates to him successfully picking a great team to build the project. +3
    • Founder Cheng’s connections to the Ethereum world will be valuable moving forward. +0.5

Disposition

Due to the high supply of tokens here, short-term traders who engage will have to be laser-sighted on their profit goals. Opening somewhere over 12 cents each, before they’re actually in demand for use, the tokens probably still have some room to grow on exchanges following their listing. Long-term, we think they will see higher than $1 when demand for their utility has grown enough – although by such a time there will be many avenues for that demand to explore.

All of this being the case, this author’s subjective disposition on Etherparty is that it’s a 4.5/10 for short-term traders looking to ride the wave (it will likely crest quickly) and a 5.5 for those who have a tolerance for locking funds away for a significant amount of time, understanding that society itself is shifting in ways that will create unprecedented demand for this token and all things like it.

Investment Details

The FUEL token sale begins September 15th at 10AM Pacific time. You can sign up for updates via https://ico.etherparty.io/ but we feel this just opens you up to phishing attempts. Your best bet is to check that website and https://twitter.com/vanbexk for any changes on September 15th.

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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5 stars on average, based on 1 rated postsP. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link




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  1. bluntt

    September 11, 2017 at 10:47 am

    is there any forum or a board here on hacked where we can discuss icos in a more private manner?

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ICO

ICO Analysis: CloudMoolah

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CloudMoolah was successfully launched in the USA in October 2017 with currently over 300 developers and more than 10 million gamers using the platform. CloudMoolah is designed to facilitate and manage payments seamlessly between game developers, gamers and payment merchants in a convenient and secure manner on a global scale.

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The project offers unity developers the opportunity to collect in-app revenues from 100+ million gamers and 500,000 retail points of sales in Southeast Asia. The use of blockchain technology will ensure security and efficiency of gaming transactions while increasing cost savings for developers. CloudMoolah will allow game developers to collect in-app revenues from credit card users and noncredit-card users, which is extremely valuable considering the credit card penetration is less than 3% in Southeast Asia. CloudMoolah combines popular localized payment methods such as Telco Top-Up Cards, Prepaid Cards, Ebanking And The New Moo Token to capture this market.

Token

The MOO token is an ERC20 token used on the Ethereum platform which will have a circulating supply of 300 million and a total supply of 500 million. When released, the MOO token will be available for purchase/trade on public exchanges. Also, MOO can be traded for CloudMoolah Points (CMP), the in-app virtual currency used for payments and transactions within the MOO store. The MOO store is a third party app store populated with Unity content enabling efficient and secure transactions between gamers and developers. Developers will have access to over 100 million gamers through the MOO store.

The public ICO begins March 1, 2018, and ends March 31, 2018. The MOO token price will be $0.30 and have a hard cap of $30 million. The link to join whitelist is here.

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The token distribution is as follows:

  • 41% private/public sale
  • 22% founders/senior management
  • 17% suppliers
  • 10% company
  • 5% staff
  • 5% advisors

Team

The CloudMoolah team has over 30 years experience in the video game industry in Asia with a stellar track record of publishing blockbuster game titles such as World of Warcraft, EA SportsTM FIFA Online 2, Starcraft 2 and Counter-Strike Online. Co-founder and COO Jonathon Sze successfully built EA SportsTM FIFA Online 2 fan base from zero to 25 Million in Southeast Asia. Co-founder and Chairman Roland Ong brought World of Warcraft to Asia and was the founder of IAHGames which won rights for top-rated games such as Starcraft 2, EA Sports FIFA Online 2, and Counter-Strike online. Co-founder and CFO/CIO Benjamin Cher has closed over $500 million worth of VC/PE deals in his career. The complete list of team members and advisors is listed in their whitepaper.

Partnerships include Unity Technologies (Asia’s largest and the world’s most popular game development engine), True Digital Plus, VTC Online, MOL, Softworld, Bluepay, IAH Games, UniPin and Sam & o Group.

Verdict

While CloudMoolah intends to cater to millions of gamers and developers around the world, its primary focus will be on the Asian market, which has been generally under served by mainstream digital payment services. With an experienced and successful team, strategic partnerships  and proven business model, CloudMoolah appears to be on track to make significant headway in the Asia gaming market.

That being said, there are some implementation risks associated with the project. In particular, CloudMoolah is targeting a highly diverse Asian market that differs along multiple strata. This could be seen as one of the major challenges to successful implementation.

Risks

  • As with many ICO’s, the executive team has outside obligations and cannot focus 100% of their attention to the project. -2
  • The project’s main focus region is Southeast Asia, which consists of 11 countries with differing demographics, economics, and languages that can all become major obstacles to mass integration. -1.5

Growth Potential

  • A+ team with decades of experience and huge success within the gaming industry. +5
  • CloudMoolah is an established business that has already made crucial partnerships with both global and local markets. +3.5
  • $30 million market cap with a low 300 million circulating supply. +1.5

Disposition

Working with gaming developers, CloudMoolah appears to be committed to achieving an excellent gaming experience for gamers worldwide. The team comes with great success in the gaming industry that, if applied to blockchain, can create huge cost savings for gamers and larger profits for developers. This leads us to the view that CloudMoolah may be poised for great things. Based upon merits observed, CloudMoolah receives a 6.5 out of 10 rating.

Investment Details

  • Symbol: MOO
  • Market Cap: $30M
  • Circulation Supply: 300 Million MOO, Total Supply: 500 Million MOO
  • Payments Accepted During Crowdsale: ETH
  • Crowdsale DateMarch 1, 2018 – March 31, 2018
  • Token Price: 1 MOO = 0.30 USD
  • Jurisdictions barred from participation: China, USA

For more information regarding CloudMoolah:

Website: cloudmoolah.io (team, advisors, whitepaper)
Whitelist: kyc.cloudmoolah.io
Facebook: facebook.com/cloudmoolah/
Telegram: t.me/cloudmoolah (20,549 members)
Reddit: reddit.com/r/CloudMoolah/
Twitter: twitter.com/cloud_moolah
Medium: medium.com/@cloudmoolah

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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4.9 stars on average, based on 10 rated postsKent Hamilton is a cryptocurrency day trading ninja, specializing in altcoins. Founder of CryptoDayTrader.io




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ICO

ICO Analysis: TE-FOOD

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TE-FOOD is now the biggest farm-to-table food traceable system in the world. TE-FOOD serves over 6,000 businesses while averaging more than 400,000 transactions on a daily basis, which results in serving well over 30 million people. TE-FOOD has integrated 2,600 retailers and markets, 3,100 farms, 3,400 livestock agents and 190 wholesale distributors into their system.

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TE-FOOD coordinates with governments, supply chain companies and consumers to enhance food safety, eliminate food frauds and minimize costs for supply chain companies. The entire supply chain will become more efficient through the use of one interoperable transparent ledger; this will help avert large-scale food recalls and enable smaller, targeted recalls.

Currently, the main focus of TE-FOOD is  the emerging countries that account for 60% of the world’s population along with 45% of GDP, and which needs massive technological disruption because of the level of distrust in their food supply chains. Started in Vietnam and having found success, TE-FOOD is aiming to be in 17 countries within the next five years.

TE-FOOD’s revenue sources are the following:

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1. Selling physical and logical identification materials
2. Charging transactional costs
3. Selling food transport environment sensors
4. Charging monthly or sales volume dependent fees on the marketplace

Token

The company is issuing TFOOD tokens, which are ERC-20 tokens created to be used within the TE-FOOD system for the following:

1. Pay for transactions
2. Pay for value-added information
3. Rewarding conscious consumer behavior for using our Consumer mobile app

A total of 1 billion TFOOD tokens are to be created with 51% being available for purchase during the public sale which is scheduled to commence on Feb 22, 2018, and conclude March 22, 2018. TFOOD tokens should be immediately transferred and can be used in the TE-FOOD system after completion of the token sale.

Team

A Vietnamese and Hungarian company combined to create TE-FOOD with a team that includes more than 20 members (each listed with details on their website along with LinkedIn links). The team is led by CEO Dr. Trung Dao Ha (Co-Founder of Thien Minh Group, President of Hochiminh City High Technology Association, Austria Honorary Consul in Hochiminh City for the Austrian Government and Co-founder/CEO of DAO advanced Technology), CeO Erik Arokszallasi (CEO of Erba 96 Ltd) and CMO Marton Ven (CEO at Flumen and CMO at Erba 96 Ltd).

TE-FOOD works with some of the biggest retail food companies in Asia such as AEON, Lotte Mart, JAPFA and C.P. Group. The government of Vietnam’s largest city, Ho Chi Minh City, also employs TE-FOOD. Current partners include: GS1 (barcodes), Unisto (security seals) and Zalo (message/call app).

Verdict

TE-FOOD is developing a scalable, cost-effective system for tracking, securing and ensuring quality for global food transportation which will reduce corruption, theft, fraud and food-borne illnesses. Identification applications are used to track livestock, transports and fresh food packages from the farm to the table. This will enable fresh food sold in retail to be tracked back to their origins. TE-FOOD is able to track food items throughout the entire supply from beginning to end while accessing quality information.

TE-FOOD has been operating in Vietnam since 2016 with a proven track record and buy-in from thousands of businesse. If the company is able to successfully integrate its functioning business to its tokenized model with participation from current clients, along with expanding to new markets, it may find success for itself and investors.

Risks

  • When seeking to expand to new countries, TE-FOOD may face a variety of difficult regulatory and compliance issues working with different governments and agencies. -2
  • The executive team, though accomplished, is still involved with other businesses which may detract from putting their full efforts into the success of TE-FOOD. -1.5
  • Although TE-FOOD does already have a working business, which is definitely a positive, they will still face strong competition from other blockchain companies. -1

Growth Potential

  • The company already has an established working product and with key partnerships with multiple businesses and the government of Vietnam. +5
  • TE-FOOD is scheduled to be in 17 countries within five years according to their roadmap. +2.5
  • TFOOD tokens will be immediately released and available to all investors. +3.5

Disposition

With nearly 80% of food fraud involving fresh food products and livestock, over 400,000 annual deaths due to food contamination and the health threat of antibiotics overuse in animals used for food, TE-FOOD’s main mission is to greatly reduce these issues by making the fresh food supply chain transparent and more effective through a modern, but affordable ecosystem. Having an already working business model combined with the ability to scale, TE-FOOD appears to have the means to accomplish this mission if everything goes to plan. TE-FOOD receives a rating of 6.5 out of 10.

Investment Details

  • Symbol: TFOOD
  • Type: Utility
  • Price: $0.05
  • Accepted Payments: ETH
  • Public Sale Date: Feb 22, 2018 – March 22, 2018 (Bonus levels – 15% Week 1, 12% Week 2, 10% Week 3, 5% Week 4)
  • Public Sale Amount: 512,000,000 TFOOD (51% of total) to be sold. 1,000,000,000 TFOOD total supply
  • Jurisdictions Barred from Participating: None mentioned

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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ICO Analysis: Endor

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Endor.coin, more commonly known as Endor, is a behavioral analytics protocol for businesses as well as individual users. The team has dubbed the project as the “Google for predictive analytics.”

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Until now, high costs have kept out anyone but large organizations from accessing artificial intelligence and predictive analytics. Most predictive questions require data scientists, weeks of iteration, and consistently updating data models to produce accurate results. Using blockchain technology and automation, Endor democratizes this data making it available for anyone to use – no fancy Ph.D. required.

Social Physics

Endor expands on a new, MIT-based science, Social Physics. This science states that each set of event data, like credit card purchases, contains certain human activity patterns within the data. If you’re able to detect these patterns, you can create more accurate predictive analytics than normal machine learning.

Automatic Prediction Engines for Enterprises

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Endor’s first focus is on an automated “Data as a Service” platform for enterprise clients. With this engine, a business can upload a set of behavioral data, and after a short integration (a few hours at most), they’ll be able to ask questions about the future behavior of the subjects in the data set.

The team has already used this platform in studies to measure brand loyalty, new product adoption, and market campaign effectiveness at Coca-Cola as well as detect ISIS activists on Twitter. All of this done at a fraction of the cost of current systems.

Data Science for the Masses

After the successful implementation of Endor for enterprises, the team plans to use the protocol to fully democratize behavioral predictions. Through the decentralized nature of blockchain technology, Endor connects users to data providers in a cost-effective, trustless way ensuring that the predictions they receive are as accurate and affordable as possible.
At first glance, this may not seem as beneficial for individuals as it is for organizations. Imagine this, though. As a cryptocurrency investor, you want to know, “What tokens are going to increase in price by 20% in the next month?” With Endor, you now have access to the robust predictive trading engines that were previously only available to institutional investors and the uber-wealthy. Although the answer you receive may not be perfect, it still gives you a critical edge over those not receiving it.

Token

The Endor team is designing the protocol in a way that connects to an existing blockchain as well as off-chain datasets. As a user, you must pay EDR tokens to make a prediction request. The larger and more complex your request, the more EDR you need to pay. Two potentially separate entities receive this payment. The first is analytical data providers who supply the robust data sets used in the analytics. The other are those who perform the intensive computations on those data sets.

The team will eventually open up the Data Layer so that providers can additionally sell their data to outside parties.

Team

PhDs, data scientists, and product experts comprise the majority of the Endor team with a large number of members tied to directly to MIT.

Dr. Yaniv Altshuler, co-founder and CEO, is an MIT researcher and recently published “Swarms and Network Intelligence in Search” – a fitting book for the Endor protocol. Another MIT co-founder, Professor Alex Pentland, created Social Physics and is a founding member of advisory boards for many notable organizations like Google and the UN Secretary General.

Beyond a rockstar team, Endor is already working with some big players in the product and service industries. The list of partners includes Mastercard, Coca-Cola, Walmart, and Travelers Insurance, to name a few. On the blockchain side, the team has formed strategic partnerships with Bancor and Enigma.

Tokens and Distribution

The team hasn’t yet released any information on the number of tokens or how they’ll distribute them.

However, they outline in their whitepaper that they’ll use the majority of the ICO contributions for research and development. The team will also use up to 10% of the proceeds to form a joint partnership with a world-leading research institute. Additionally, up to 30% of funds will be used to purchase proprietary technology such as prediction engines.

Verdict

Endor is using Social Physics to provide better predictive analytics to businesses as well as individuals. The enterprise protocol has already been successfully tested and used by numerous Fortune 500 companies while the individual-facing product will be available at the end of 2018.

Even though the token distribution details haven’t been released, the team and partnerships alone are strong indicators that this could be a valuable opportunity.

Risks

  • No token details. The team has yet to release any details about the token distribution. Even with a great project, poor distribution could be detrimental to investor returns. (-3)
  • Dependence on a consumer product. The enterprise protocol is only one half of the project. The half for individuals hasn’t been built yet and has a lot to prove. (-3)

Growth Potential

  • Numerous use-cases. There’s no shortage of scenarios that benefit from predictive analytics. AI, machine learning, and behavioral science are becoming more valuable each year. (+4)
  • All-star team. This is exactly the type of team you want working on a project like this. From MIT data scientists to blockchain experts, they’ve got it all. (+4)
  • Successfully tested product. Having a working product puts Endor ahead of the majority of other ICOs. The fact that it’s been tested with big-name companies is just the icing on the cake. (+5)

Disposition

Endor scores an impressive 7 out of 10. The project checks off the boxes you want to see in an ICO. Strong team? Check. Large market? Check. Working product with customers? Check and check.

The only unknown, for now, is how they’re going to distribute the tokens after the ICO. If the Endor team stands by their mission of decentralization and democratization with fair distribution, this has the potential to be one of the most exciting ICOs of the year.

Investment Details

Endor has not announced a date for their crowdsale yet. However, you can check out their website to stay up-to-date with any news or updates.

  • Type: Utility
  • Symbol: EDR
  • Platform: Ethereum
  • Crowdsale: Pending
  • Soft/Hard Cap: Pending
  • Price: Pending
  • Jurisdictions Barred from Participation: Not specified
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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