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ICO Analysis: Faceter

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When it comes to security, video surveillance is currently one of the best ways to ensure ‘what really happened’ in any situation. Public crime and terrorist activity are the main factors that generate the need for the development of the global surveillance market.

According to Stratistics MRC, the global video surveillance market was worth an estimated $19 billion in 2015 – a figure that is expected to exceed $63 billion by 2022. That represents a compound annual growth rate of 18.3%. Currently, North America accounts for roughly one-third of the total market, although Asia and Europe are also experiencing higher demand. Europe, in particular, is acting with greater urgency following waves of terrorist attacks in 2016-17.

However, when it comes to video surveillance, a lot more than cameras is required. Computer vision technologies are becoming increasingly driven by machine learning techniques, which are generating massive databases that are oftentimes difficult and expensive to maintain. What’s more, the vast majority of current video surveillance infrastructure is underdeveloped, making it difficult to exploit the latest and greatest technologies.

Against this backdrop, Faceter provides a unique industry solution based on a decentralized surveillance system for private (governmental and/or corporate) and commercial (individual consumer) use. Faceter makes video surveillance ‘smarter’ through the advanced face and object detection, and real-time video analysis that could detect and ‘understand’ a situation based on the moving objects in a scene. The project is run on a decentralized network where cameras, video hubs, and miners are all interface with each other, eliminating the costs, computing power and time normally required for a setup of this kind.

To employ Faceter’s solutions, customers would use the Faceter Software Complete to connect to the decentralized platform, which is designed in a set of modules and executed at different system levels that are responsible for the individual stages of the operating platform. The platform uses the C++11 language and also leverages GPU acceleration using the Faceter Decentralized Network.

Users could both choose to interface with the Faceter Platform or have their own offline database as the visual recognition components, but that would also mean that an offline operation would require individual computing power and servers provided by the user organization itself. For the online solution, the user is required to log-in into Faceter’s website and provide information under the form of RTSP, HTTP or RTMP in order to link the desired cameras that will be used as sources of visual content.

The platform has the ability to break the video into frames, and then analyze them using neural networks connected to the Faceter database, depending on the solution and computing power provided by the user. Depending on the module and plan Faceter could recognize individual faces, universal objects and even preset situations based on spatial movement recognition and analysis depending on the camera’s angle and quality of the provided data.

The Token

In order to achieve their vision, the Faceter team will launch the FACE ‘proof of recognition’ token, which is based on the ERC-20 protocol. The token will be used by Faceter both for payments from customers and for payments to its community workers.

The most common use of the FACE token tho would be renting computational power, databases and video analysis software provided by Faceter. Depending on user needs FACE tokens could unlock access to unlimited capabilities when it comes to visual recognition. The more complex the task is the more FACE will be required to in order to solve it.

According to the whitepaper, the total token supply is set to 1 billion. The distribution is planned as follows:

  • 40.8% of the total supply will be used for free sale;
  • 30.8% will be reserved to ensure the operation of the Faceter system;
  • 15% will be reserved for the Faceter team (with sale restrictions of 2 years);
  • 0.5% will be reserved for the bounty campaign;
  • 6% for advisors; and
  • 6.9% will be distributed as early bonuses.

The public pre-sale, which takes place from February 1, 2018, to March 1, 2018, will have a discount of 50% up to 8,000,000 FACE tokens (equivalent to $800,000 at this time). The public token sale, which takes place from March 10 to April 30th, will unlock 400,000,000 FACE for sale (soft cap $5,000,000) with +5% bonuses to individual investors who purchase an amount equal to $10,000 or more.

Team

Robert Pothier (CEO & Co-Founder) has nine years of experience in the global market of digital payments as a manager, director, and consultant on various projects including Pinnacle Micro and Walletone.com. Igor Karavev (Advisor) is head of investor relations and blockchain advisor at ICOBench. He is also the executive director of Skolkovo Foundation, the leading business incubator for hi-tech startups. Paul Scott (CBDO) is a professional in financial markets specializing in emerging-market technologies. He has deep knowledge of fintech, insur-tech and big data ecosystems.

The team has a solid track record in the fields of innovative and emerging technologies, something we have grown less accustomed to in the ICO market. Each team member has access to important side-links covering government, banks and money transfer companies. The team appears more than capable to deliver this project.

Verdict

Faceter is backed by a solid team and has all the resources lined up to deliver a solid project post-ICO. In fact, the roadmap suggests we can expect some serious results as early as this year.

However, it is also important to bear in mind that the company’s end market will probably be limited initially. While powerful surveillance systems are definitely a key aspect of modern societies, at the moment the main customers are limited to governmental organizations, military and private corporations with high-end video surveillance needs.

Risks

  • The project, although an innovative idea with a unique approach to the world of surveillance systems, has not yet proved itself on a public scale. We’re used to words, but we will have a clearer image as soon as the first operations begin. -1
  • As we mentioned at the outset, the company’s end market will be limited to governmental and military organizations and perhaps large corporations with high-end surveillance needs. Government procurement is often a long and cumbersome process, especially for startups that haven’t bid on projects before. Although the Faceter team is highly skilled and well connected, scaling up the business could be a challenge initially. -1
  • Advanced video surveillance systems with real-time analysis and face, object, movement recognition clearly target a specific group of investors and even more strict group of active users. Being a decentralized platform, Faceter will need all the computing power it can get in order to function reliably. No-one can promise that the platform will be still functioning if there is not enough computing power generated by the users of the system themselves. -2
  • The distribution of the FACE token is very specific and although the platform may be decentralized, the company and their project are certainly centralized, with the company having not the biggest, but the only say in future plans, further development and critical changes in their vision or operating protocols. -1

Growth Opportunity

  • Based on global statistics and the fact that technological advancement is unavoidable, the technology behind video surveillance will eventually force users to upgrade into a smarter, scalable and less expensive solution. Faceter is the first step in that change and if they manage to hang on for the next decade, they could be leading the field having built huge databases required for such a system to work. +4
  • The Skolkovo Foundation is a Russian non-profit organization charged by ex-president Dimitriy Medvedev to create innovative technological and scientific projects. The foundation has well-established links with MIT, corporate R&D centers, business incubators and private and venture funding from top grade industrial titans. Having their back-up, Faceter won’t have to worry about financial or technical issues but instead focus on fulfilling the company’s underlying mission. +4
  • The benefit of a strict target audience for the ICO is that investors are more likely to pledge large sums of money to the project. This means we are likely to see millions of dollars flow into the ICO without having to rely on micro-investments of a couple hundred dollars. In other words, the ICO has a good opportunity to become successful. +3

Disposition

Faceter may be the first to integrate blockchain solutions into the video surveillance market, but we should not forget that the traditional analog field has already some interesting key players that would not like to be left behind in the race for tech superiority. Some of these brands include Avigilon Corporation, Axis Communications AB, and BOSCH Security Systems, among others. These and other industrial players may soon board the train on advanced video surveillance technology if they haven’t done so already.

A score of 6 out of 10 is reserved for Faceter, based on present facts.

Investment Details

  • Type: Crowdsale
  • Symbol: FACE
  • Pre-Sale: February 1st, 2018
  • Public Sale: March 10th, 2018
  • Payments Accepted: ETH, BTC, LTC, XRP, DASH, XEM, XMR, BCH (KYC Required)

Disclaimer: The writer has no position in Faceter 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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4 Comments

4 Comments

  1. Haspel

    January 28, 2018 at 8:16 pm

    You guys should really put some actual effort in these reviews. Anyone can come up with a text like this. I still have so many questions after reading your review. For example: Is Faceter an existing company? Is there a MVP? What’s the ffing hardcap? And why are you giving +3 for ‘strict target audience’? You’re not writing anything about a strict audience for this ico.

    You should add links to their website and whitepaper too btw.

  2. snow4me

    January 29, 2018 at 6:48 am

    yes, like which countries citzens can particpate? To much to ask?

  3. snow4me

    January 29, 2018 at 6:49 am

    yes, like which countries citizens can participate? To much to ask?

  4. mJay88

    January 29, 2018 at 1:00 pm

    Yes hardcap, link to ICO, countries of participation, MVP, prototype etc are basic things the reviews should atleast mention. I mean, if Hacked reviewers read the analyze the whitepaper, they would have these basic facts at the back of their mind right!?

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ICO Analysis: IoTBlock

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Internet of Things is an emerging technology with the potential of immensely improving our lives. Connecting every single capable device, whether it is a car, a home appliance or a billboard, IoT allows for the collection and enabling of data analysis in a more efficient, faster and cheaper way. Consider that a car accident has just happened quite close to your workplace. This causes a traffic jam, making it inconvenient to use a private car. Usually, this information is either made public too late or is not released at all. If you had known, you could have used some other means of transportation, like the metro, and avoided wasting your time in traffic.

It is almost certain that this technology will take off in the future as many industry giants have already started to research and produce several products. In fact, it is estimated that by 2025 the IoT sector will grow to $11 trillion with 75 billion devices. Yet as in any emerging technology, just as in the case of blockchains, there are several problems which are required to be solved before it is widely used by the public. Studies show that 70% of IoT devices use non-encrypted forms of communications and 80% don’t have even the most basic security. Unfortunately, this makes it possible for hackers to abuse security flaws in a single device and gain access to the whole network. For instance, earlier this year, some hackers used an IoT-connected fish tank thermometer to steal a casino’s database.

In order to solve current and foreseeable problems in the IoT industry, IoTBlock provides a device-agnostic and blockchain-agnostic protocol. This agnosticism should be highlighted, since it means that the protocol can be used by any IoT device and any blockchain, whether it is Ethereum, IOTA, or Hedera Hashgraph. As of now, even the most popular blockchain-based IoT solution provider IOTA does not offer this. IoTBlock’s other important key features include secure authentication, open auditability, and cross-chain communication. The protocol can be used for IoT device authentication, insurance and dispute resolution, device health and safety verification, and data exchange.

Thanks to the use of Ora Protocol, a truly decentralized network of IoT devices is made possible. By its proof of authority, nodes are incentivized to serve truthful data and report inaccurate or malicious data. These nodes are rewarded with tokens in return for their contributions to the network.

Token

Although very little information regarding the token’s use is released at the time of writing, for now, we can say that it will act as a native token to pay fees for platform services. It should be noted that it is emphasized that the token is looking for a stable price per token, which is quite reasonable if it is to be widely used.

No information on the IoTBlock token metrics or how the team is planning to use the token sale proceeds are released at the time of writing.

Team

CTO Michael Arbach: Arbach was a blockchain architect at KodakOne.

Sanjeev Verma: Prior to joining to AMD as a principal architect, Verma has worked as a mobile security architect at Samsung Electronics, a senior research engineer at Nokia and a member of technical staff at Bell Labs.

Richard Fushimi: Fushimi was the CEO at Rocket Internet SE, the president, and COO at Sega, and a managing consultant at Genpact Headstrong Capital Markets.

Leo Rong: Rong has worked as a software engineer at Splunk for over thirty months.

Advisors

Chad Pleper: Pleper was a senior infrastructure architect at Elsevier.

Tugrul Firatli: Firatli has worked as the vice-president of global communication practice at TIBCO Software, as a software engineer at Apple and as a member of technical staff at Bell Labs.

Rex Wong: Wong was a founding investor at Applied Semantics, the company who created AdSense and later sold it to Google in 2003.

Verdict

Below is a breakdown of the risks and growth potential of IoTBlock.

Risks

  • No information regarding token metrics is not released at the time of writing. This makes it hard to evaluate the project’s worth and any potential return on investment. (-1)
  • It is a reasonable assumption that the competition in the IoT sector will be harsh in the future. As more and more technology giants might enter the market, it is likely that they might leave the blockchain-based IoT companies like IoTBlock in the dust with their superior resources. (-2)

Growth Potential

  • All-star team members like Sanjeev Verma and Richard Fushimi. (+2)
  • The protocol’s device- and block-chain agnosticism. (+3.5)
  • The team’s origins can be traced to a hardware and RFID device manufacturer started in 2004. This shows that the team is highly experienced in the IoT sector and not just riding the blockchain hype train. (+2.5)

Disposition

The emerging technology of the Internet of Things is expected to be widely used in the near future. It is estimated that by 2025 the sector will grow to a value of $11 trillion with 75 billion devices. Its use cases are limited only by one’s imagination, but as in the case of any emerging technology, just like blockchains, there are several important problems to be solved to gain wide public acceptance.

Currently, 70% of IoT devices do not use encrypted forms of communication and 80% do not have a basic level of security. As devices in a certain place are connected to the same network, to gain unlimited access to one device is to gain access to the whole network. Some hackers’ gaining access to a thermometer in a fish tank and using it to steal a casino’s database earlier in this year is an example.

IoTBlock provides novel solutions to solve this issues. The team consists of all-star team members like Sanjeev Verma and Richard Fushimi. The protocol is designed in a device- and blockchain-agnostic way, so that IoTBlock can be used by any IoT-connected device and blockchain.

Still, no information on token metrics is released as of the time of writing, making it hard to evaluate any return on investment. Also, the competition in the IoT sector will be extremely fierce in the future and the entrance of more and more technology giants to the sector might leave the blockchain-based IoT companies like IoTBlock in the dust with their superior resources. IoTBlock receives a 6/10.

Investment Details

  • Type: ERC20 – Utility
  • Symbol: Unspecified
  • Platform: Ethereum
  • Crowdsale: Unspecified
  • Minimum Investment: Unspecified
  • Price: Unspecified
  • Hard Cap: Unspecified
  • Payments Accepted: Unspecified
  • Restricted from Participating: Unspecified

For More Information

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: EndChain

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Logistics is a series of transactions that link a product from raw material through to the consumer. The logistics and transport management industry generate approximately 13% of GDP globally. Current supply chain logistics models are good, but not great. They can be improved by blockchain technology.

EndChain is a new project based on Ethereum, which aims to disrupt the logistics industry through decentralization, open protocols, and utilities. They believe the best way to improve current systems is to eliminate almost everything except the scan of the package.  According to them, “Technology can be molded to handle the rest of the necessary steps and to fit the needs of all users wanting to access the data.”

From the whitepaper:

“While some companies have attempted to create blockchain solutions for modern logistical problems, no complete solution exists today. Current options revolve around expensive RFID chips or an overt reliance on consumer input. EndChain focuses on the entire logistics chain: from manufacturer to businesses to customer to reseller. The goal of EndChain is to become the blockchain solution that the logistics industry desperately needs by allowing one blockchain that is easy to use for all verticals of the supply chain.”

EndChain wants to reduce the cost of logistics by providing a blockchain that’s responsible for all the data across the supply chain. Their uniform blockchain lets businesses easily adapt and communicate with one another. Their system will cover each sector of the supply chain, including the second-hand market.

The entire Endchain system is based on the use of their patent-pending QR/barcode design. Each item produced in the EndChain supply chain is paired with a unique id that can be automatically registered on the chain. This id is the foundation of Endchain and ensures that every physical item is linked to its digital counterpart.

All businesses which use the EndChain software will be able to identify themselves as producers, transportation, B2B or B2C stores. Employees simply need to scan the code. That simple scan will break down both the generic barcode and the individualized QR code. The software then automatically updates the chain with the new data that can be seen by all users.

There are 2 major benefits to their QR/barcode combo:

  1. It simplifies the scanning process. Instead of 2 or 3 separate barcodes, logistics workers will only have one easy to read code, filled with all the data.
  2. The code will update both the blockchain and the legacy systems at the same time. This allows EndChain to easily integrate with legacy systems that may not want to completely change their current methods just yet.

Additional benefits:

  • Reinforce the Authenticity of product
  • Secure transactions and fast settlements
  • Visibility in the supply chain
  • Cost-effective
  • Route optimization
  • More info on the product and cheaper costs
  • Ownership history

Token

ENCN token is required to purchase QR codes, make smart contracts, and access the data stream.

Token burning: EndChain’s self-regulating economy burns 2-4% of tokens per transaction. It works by destroying  more coins if the current market value of the ENCN is low. If the value of ENCN rises, less supply is destroyed as fewer coins are required for each smart contract.

Distribution:

  • 55% ICO
  • 22% Future development
  • 10% Team
  • 5% Leadership
  • 5% Advisors
  • 3% Bounty and referrals.

Use of proceeds:

  • 60% Development
  • 25% Marketing/sales
  • 5% Legal
  • 5% Security and compliance
  • 5% G & E

Team

Team EndChain is a mixed group from all around the globe. 15 team members and 9 advisors are listed.

Aaron Perkowitz – CEO.  Since October 2017 until now he’s been a Fund Manager at HNA Group, a global Fortune 500 company focused on aviation, tourism, logistics and financial services. Other than that, he lists 3 internships; Morgan Stanley, AngelVest, and RocketSpace.

Pierre Angot – CTO. Paris, France.  A self proclaimed Artificial Intelligence and Blockchain maestro, co-founded Medway, a telephone medicine app with between 2-10 employees. 2 years Managing Director at WAGT Consulting. Currently a Data Consultant at Verteego.

Felix Engelhardt – Business Developer. Currently (8 years) an Analyst at Cimic Group Limited, a world-leading infrastructure, mining, services and  private partnerships group with over 1,000 employees.

Javince Chan – UI/UX Designer. Lots of experience specifically in UX design; Currently at Quadrant Studio, she’s also worked for Amazon (1 yr), AKQA (1 yr), and Symplicit.

It’s an impressive group of advisors, with specific skills they acquired from places like; Huawei, Cimic Group, Morgan Stanley, Audi, Uber, Activision and Blizzard.

Partners are highlighted below:

Verdict

“EndChain provides a complete and cost-effective logistics package that benefits all parties of the supply chain. While most utility tokens focus on high end goods, EndChain focuses on the low to middle market, an area that has been ignored for too long. EndChain is able to enter this market due to the ease and low price of our system compared to other utility tokens which focus on expensive NFC chips or manual entry.”

The current blockchain solutions for the logistics industry won’t work for the majority of goods. They are too expensive to mass produce, therefore, they focus on luxury goods such as handbags, diamonds, and art while the vast majority of market purchases are ignored. EndChain is working on a solution by making a cost-effective product that can be applied to all goods.

Risks

  • Ethereum Blockchain. -1
  • There is already a lot of blockchain competition, and all their token values are at all time lows right now. Demand is not currently here. -2
  • 3% of their tokens will go to bounty/referrels. These bounty hoes usually just dump their tokens as soon as they hit an exchange. -1
  • 50% presale bonus. Same thing as above. They will dump at the first sign of dumpage. -1
  • This will be really challenging to scale. -1.5
  • Unsold tokens may or may not be burned. When we asked them in Telegram, their response was, “Once we got a concrete details, Soon we will be having an important announcement regarding that matter, stay tuned.” -0.5

Growth Potential

  • The team has produced a very profession ICO, a patent pending scan system, and lots of work on GitHub. Here’s their CEO giving a quick explanation on the work they have achieved so far. +2
  • Their uniqe QR code incorporates a barcode within the QR code. This allows users to scan the only code found on the packaging. Businesses that still use a legacy system can scan the embedded barcode. +3
  • 2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. +4
  • They will give a percentage of ENCN tokens to tradition shipping companies for free, to recruit them to the blockchain. Once they see the benefit of EndChain, they will become valuable costumers. +2
  • One of the largest benefits of this system is that it can be done offline. Information isn’t being downloaded, only uploaded, therefore it can remain in the system until its fully loaded, no need to wait to scan the next item. +3

Disposition

The team is strong, the whitepaper is professional, and the roadmap is realistically detailed. The goal is to launch the full version in Q3 2020. If they raise enough money in this token sale, we like their chances more than most. 7/10

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 26 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 Analysis: OATH Protocol

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OATH Protocol wants to build an analog of a decentralized dispute resolution system modeling the common-juror system. In their view, this will solve the solution to the blockchain governance problem.

OATH Protocol wants to provide a solution to the Blockchain Governance system.

In order to do this the company plans to:

  • increase the usability of smart contracts by providing an easy to use user-friendly smart contract creation tool
  • creating a decentralized jury community, comprised of members with diverse backgrounds and areas of expertise
  • invites users from all communities to not only provide governance for the dApp they support but also for other ecosystems.

The protocol’s main advantages include:

  • Trust – all data is hashed on a blockchain.
  • Confidentiality – all jury members data of confidential.
  • Dynamicity – protocol will ensure that different jurors will be resolving multiple cases to avoid a collision and ensure the integrity.
  • Fairness – protocol will ensure random jurors selection based on a variety of factors as gender, background, age, etc. to have full objectivity.
  • Incentive – a mechanism to motivate jurors for participating and assign them credit.
  • Autonomy – parties mutually set rules that they would be bound by.
  • Transparency – jury votes are disclosed to the community after resolution.
  • Archive – protocol allows keeping all data in a structured irrecoverable way.

Use cases include, but are not limited to, the following:

  • E-commerce, which involves a variety of disputes, such as quality problems, missing pieces, broken product, etc. OATH jury will resolve each dispute based on user-provided testimony.
  • OTC trade of digital assets.
  • Disputes involving decentralized property rent.
  • Decentralized moderation.
  • Oracle for betting.
  • public chain governance.

So basically OATH is a decentralized agnostic protocol that offers a solution to of decentralized governance to all blockchains and Dapps.

Blockchain architecture is highlighted below:

OATH Protocol is an agnostic blockchain which may be integrated into other Daps and public chains.

The chain contains two main files:

  • Case ledger, which includes all information such as contracts, verdicts, voting reasons, selected jurors.
  • IPFS (InterPlanetary File System), which is a network designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. It replaces traditional domain names with content addresses so that users don’t have to consider names and paths of file storage.

Token

The total token supply is: 10,000,000,000 ERC-20 tokens (OATH).

Token use is summarized below:

  • Engagement between participants/granting access to the platform
  • Internal currency

Tokens are earned as nodes, disputes resolution and community services.

Team

We see a well-balanced team with a diverse background in tech, business, and law. Yin Xu, CEO, won several awards for best mobile application.

Jenny Vatrenko, COO, is an influential lawyer and  former litigator at Boles Shiller. She is active on the group’s Telegram channel.

Hongwei Wang has a strong technical background, including eight years of combined experience at Google and other tech-focused companies in China.

On the advisor side, we see people from Zefund, Qidain Capital, Continue Capital, a founder of an EOS supernode and energy startup NAD. Advisors cover the main focus groups: technology, business and legal. Jia Tian is a notable advisor who worked at Baidu and Alibaba, and is a big investor in Bitfinex Dafeng Guo. Tian worked for big investment banks like Morgan Stanley and Goldman.

Zainan Zuo is another notable advisor who serves as a core developer at Ethereum, and is a main developer of the ERC-1202 standard for Ethereum.

Investors

Several notable investors from the VC and blockchain worlds are also worth mentioning. While most are medium-sized funds, Quarkchain is among them. Quarkchain was a top ROI project during the second quarter of this year. EOS Asia and NEM are also partnering with OATH.

Verdict

In general, the project looks interesting. The team has the necessary technical skills to implement the product. We see the support of smart money. The very idea of the product itself is exciting. The decentralized dispute resolution system, which can be used both as a means of resolving disputes between traditional subjects in arbitration and within a decentralized system, deserves interest.

Risks

  • The project does not have MVP, only active Github. -1
  • Low public activity. -0.75

Growth Potential

  • The strong point is that it is an agnostic protocol so that it can be plugged to any blockchain and provide additional value to that respected network with their service. +2
  • The overall idea is interesting. +1
  • Any user of any blockchain can automatically be selected as a juror for OATH dispute which provides flexibility and helps to get users on board. +1
  • The token use case is rather strong – parties must deposit tokens during dispute case and pay arbitrators for their services. +1
  • The roadmap is medium long. Although for this kind of project long-term potential will rise together with overall crypto field and decentralization. +1
  • Token metrics are on the good side. +1
  • Team, advisors, partners, and VCs have been verified. +1.5

Disposition

I would say that the project is above average, but one should wait for prototype and full metrics to make the full investment decision. Currently, the rating of 6.75/10 is warranted, though it may be further increased or decreased once the project is up and running.

Investment Details

  • Type: utility
  • Symbol: OATH
  • Platform: erc-20
  • Crowdsale: TBA
  • Minimum Investment: TBA
  • Price: TBA
  • Hard Cap: TBA
  • Payments Accepted: TBA
  • Restrictions Barred from Participating: TBA

General details:

Website – https://oaths.io/

Whitepaper – https://oaths.io/files/OATH-Whitepaper-EN.pdf

FB – https://www.facebook.com/oathprotocol/

Telegram – https://t.me/oathsio

Medium – https://medium.com/@oathprotocol

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 29 rated postsVladislav Semjonov has a legal and financial background. He has been involved in crypto space since early 2017 in both ICO advising positions in several ICO consultancy firms, and as an ICO analyst for VC. He began contributing for Hacked.com in April 2017.




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