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ICO Analysis: Momentum

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While digitalization brought us to an era where internet presence is as much as important as the physical presence itself, the marketing sector is continuously fighting to understand how to attract this new category of customers who won’t “bait” so easy.

A MobileBridge effort, called Momentum, is the result of the international marketing company behind the homonymous mobile app, trying to adapt to the blockchain era.

Momentum uses a reward system that is personalized for each customer using AI technology. For example, one of Momentum’s clients, Burger King, attracts old customers who haven’t visited for some time but expressed their hunger during previous visits. They do this by sending them messages with daily deals or bonuses if they visit the store within the day.

The company has already a well-established network of clients who use MobileBridge’s app to understand better their respective clients’ behavior and needs, as well as the ability to track their location, creating personalized offers that last for as long as the user is present within the area.

What’s really interesting about this innovative approach to marketing methodology is that Momentum will allow its users to create their own personalized token and reward systems tailored to the needs of the company and industrial sector.

Customers will be rewarded with the respective cryptocurrency or token issued and distributed by each company, for sharing their experiences with Momentum and/or the company’s services and products, for sharing a picture of their new bag with their friends on social media, or for referring other friends.

Momentum already has active partnerships with Pirelli, Bilka, Plus, BurgerKing, Galbani, Praxis, and Volkswagen to name a few, and has established customer databases over the last years with each of them.

Token

The MobileBridge Momentum Token (MMTM) is an ERC-20 Ethereum-based utility token with four main uses:

  • It is used to reward customers for their attention, business and data insights.
  • The Momentum token will also work as a gateway token since customers could exchange their sub-label tokens within the Momentum network for Momentum tokens and therefore for Ethereum or other cryptocurrencies.
  • Companies who use the MobileBridge Momentum Platform will have to pay for it in Momentum tokens.
  • The token can be exchanged between two parties as a normal P2P token would, giving the option to use it as an alternative cryptocurrency.

The total token supply is set to 1 billion MMTM, while half of these (500 million) used during the initial token sale. The soft cap is set to $2.5 million, the target at $25 million and the hard cap at $42 million. The token price per unit is set to start at 0.10 cents of a euro.

The backed-up 50% will be reserved for advisers and the MobileBridge team, the bounty program and a 33% to the MobileBridge strategic capital reserve.

Team

Kees De Vos (CEO), the former SVP Product Hybris, has 15 years of experience in global leadership, digital solutions and products for retail and digital commerce on a global scale. He has previously worked with Wal-Mart, Argos and Tesco.

Eyal Oster (President) is one of MobileBridge’s co-founders and he has more than 20 years of experience in leadership roles in both software and hardware companies and start-ups. An expert in mobile, digital marketing automation and customer loyalty.

Ariel Luedi (Chairman)is also a former member of Hybris, under the role of the CEO. He is one of Europe’s most successful technology leaders and investor in around 20 of the world’s most innovative technology start-ups, including MobileBridge.

The board of advisers includes Jonas Karlberg, Founder of Nordic Blockchain, and CEO at AmaZix, a leading community management firm that played a major role in the successful token sales of Bancor and other cryptocurrency projects.

Wouter Van Neerbos, former Global GM at Shell, has a 25 years of global commercial management experience built by Royal Dutch Shell, and he is also loyalty expert.

Verdict

The project seems to have a pretty balanced professional team with a focus towards community management and loyalty programs. Multi-year experience in international corporations allows them to support their role in this new industry.

While it is very hard to predict a modern digital customer’s behavior, it can be possible with good data analytics and a decent database filled with useful information, regarding a users needs, timing and retail preferences.

Reward programs have shown interesting growth in the banking sector and now international companies are on the clock with a revolutionary solution that benefits and attracts both the consumer and the company and vise versa.

Risk

From an investor’s perspective, the following facts are important to consider when weighing MobileBridge’s Momentum token:

  • MobileBridge is a very successful company when it comes to marketing solutions but their client portfolio is filled with traditional physical asset retail companies. The will need an extremely innovative plan to attract possible customers with the help of data mining in this new world of tech geeks that won’t fall in the commercial traps that worked for the 90s generation. -1
  • After recent news surrounding Facebook, people will hardly trust their personal information to third-party applications if there is nothing there that benefits them somehow. -0.5
  • 1 billion MMTM tokens is not a small number when you’re thinking about “sharing” and it might take tens of billions of dollars before we see MMTM’s price per unit rising over a couple dollars. -2.5
  • Unlike traditional ICO’s that have an analogy in ETH, Momentum has a fixed price of 0,10 cents of Euro per unit, making it a quite expensive investment at this specific period. -1.5

Growth Opportunity

  • Momentum is already being used by several multi-national industrial companies to establish a more personalized relationship with their clients. Millions of users are already connected to the platform and will soon be interfering with the MMTM token. +3
  • Loyalty experts with a track record in this sector can develop a reward system based on blockchain that rewards a company’s users for being active and engaging with the respective company. +2.5
  • An individual legal entity could now create personalized offers and bonuses for customers that are most likely to enter the store based on their current location, resulting in a maximized efficient marketing strategy. +2
  • Loyal customers who make points interacting with their favorite retail or online shops can redeem their points into MMTM and therefore into any other cryptocurrency through Ethereum (ETH). +2.5

Disposition

While data mining can be dangerous when used unethically, sophisticated AI systems could help generate transparent, clear and solid solutions based on each customer individually, serving him the best possible service and products according to his needs and digital footprints.

Momentum offers a lot of utilities and marketing expertise through their platform. It is therefore not the most convenient cryptocurrency if you’re focusing on payments or exchange markets since projects under Momentum’s wing are obliged to change through MMTM in order to end up as Ethereum or Bitcoin.

A score of 4.5 out of 10 is reserved for MobileBridge’s Momentum, based on present facts.

Investment Details

  • Type: Crowdsale
  • Symbol: MMTM
  • Platform: Ethereum
  • Price: 1 MMTM = 0.10 euro
  • Hard Cap: $42 million
  • Pre-Sale: Mar. 24, 2018
  • Public Sale: Apr. 26, 2018
  • Payments Accepted: ETH (KYC Required)

Disclaimer: The writer has no position in Momentum 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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ICO Analysis: BitCanna

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The cannabis and crypto industries share many similar qualities. Both are practically brand new, both are extremely controversial, both shine with the potential to change the world, and both are consistently being held down by “The Man.” As banks, credit card companies, and PayPal all continue to deny working with Bitcoin and Cannabis, new ICO BitCanna has come up with a solution for the Cannabis industry. Use crypto to bypass the bank, and use their own distributed ledger to track all the products from seed to sale to help legitimize the industry

“At BitCanna, we are looking to change the way cannabis does business. For too long have things been in a grey area, both retailers and users acting with uncertainty. BitCanna changes this, offering an easy way to establish trust back into the market and give regulators an avenue to regulate”

Starting in Europe, BitCanna will provide a decentralized payment network, with masternodes and POS rewards, for the legal cannabis industry. Customers can use BCNA tokens to make instant purchases in online and brick & mortar dispensaries.

BitCanna will be created in 3 phases, taking around 3 years.

Phase 1: Global Payment Solution (Q1 2017 – Q4 2019)

  • Create a decentralized payment network for the cannabis industry. The main goal is to provide an alternative, cost-efficient payment solution besides cash, for unbanked businesses.
  •  The mainnet will go live directly after the ICO’s time limit is reached, July 1st 2019.
  • Mobile wallet, instant transactions. Payment runs directly from customer to merchants, no middlemen.
  • Compliance with local regulations.  Blockchain ledger allows for true transparency for govt and financial inspections/regulations

Phase 2:  Supply Chain (Q1 2020- Q4 2020)

  • Integrate mainnet with the supply chain layer.
  • Track and trace monitoring functionalities for the entire supply chain of cannabis.
  • Distributed ledger will provide all users with a clear insight into the production, transportation, and financial aspects. This will benefit producers, distributors, shippers, government agencies, and consumers.

Phase 3: Trust and Reputation (Q1 2021 – Q2 2021)

  • A trust and reputation layer will be integrated into the blockchain.
  • All Sorts of apps will be developed to incentivize the network, improve business efficiency and transparency, and enhance customer experience.
  • Business analytical tools, inventory management, loyalty programs.
  • Secure identity platform.
  • Shop and product review and rating system.

What it looks like, 5 layers to the tech.

Token

BCNA token will be used for all transactions on the blockchain. It will be a POS coin with masternodes.

In order to allow for almost instant transactions, they will have 60-second block times. Block reward distribution will be 50% Masternodes, 40% Proof of Stake and 10% Project proposals.

The token will inflate by 10%, decreasing over time until it hits 0%, at which time the system will slowly transition into a transaction-fee-only model.

Distribution:

  • 60% Crowdsale
  • 15% Team/Advisors
  • 15% Future business dev and market expansion
  • 10% Marketing Campaign

Use of Funds:

  • 40% Product Development
  • 30% Marketing
  • 20% Unexpected operational costs
  • 5% Legal
  • 5% Reserved for unexpected costs.

Team

This is one of the largest teams reviewed. There are 19 members listed in the whitepaper, most from the Netherlands, but then they have 13 blockchain engineer/developers living in Ukraine.

Boy Ramsaha i- Founder. Popular guy in the Euro Cannabis culture. Organized several international fairs around the world. 1991, founded High Life and Soft Secrets, 2 popular Cannabis magazines. Founder of Royal Queen Seeds, one of the biggest cannabis seed banks in the world, with 7 brand stores. Also owns a CBD lab in Switzerland. Has over “250 people on the payroll” of his different companies.

Jan Scheele – CEO. Has spent 7 years as Partner/Director at Strabico, an event services company with 2-10 employees, in Amsterdam. 17 years as Director at Caesus, a web development site with 11-50 employees. TedTalk Netherlands host.

Jack Janssen – CFO.  Current Business Controller at 4 different companies. Royal Queen Seeds, cannabis seed/oil producing company. Yuqo (30 employees), Cibdol AG (8 employees), and International Blockchain Solutions (parent company of BitCanna?)

Paulo Ramos (CTO), Is the leader of the development team.

Four law advisors round out the team.

There isn’t too much hype around this yet, but it’s still very early. They have a lot of business and media partnerships

Verdict

In order to get this project running, the team decided to create a network of allies/partners called BitCanna Alliance.

BitCanna Alliance is a strategic initiative formed by leaders in the European cannabis industry. It’s currently made up of some of the most prominent seed banks and cannabis dispensary firms in Europe, serving more than 10 million unique visitors every month. There are over 20 businesses already signed on including some big players; Cibdol (a leading online CBD shop),  Zamnesia (biggest online smart and seed shop in Europe), and Royal Queen Seeds (one of the biggest global seed brands.)

Risks

  • The 20 team members listed in their whitepaper lack blockchain experience. However, supposedly they have a team of 13 senior developers working constantly on the project in Ukraine. “They choose to remain anonymous for their own respective reasons.” -1
  • There’s going to be a 10% inflation rate, which will over time work its way down to 0%, but is simply too much. -2
  • It won’t be fully developed until Q2 2021. If the token price crashes, which it just might because of 10% inflation, they will run out of funds. -1.5
  • If Cannabis gets legalized throughout the entire EU, this coin could lose its purpose. -1
  • No MVP, and their GitHub is not very active at all. -1
  • As you can see below, it isn’t exactly hard to get into the BitCanna Alliance. And it comes with only benefits to any business that signs up. It’s not like a binding long-term commitment or anything. -1

Growth Potential

  • The BitCanna alliance is impressive. Denmark’s Leading Online Grow Shop, leading euro CBD shop, etc.. +3
  • Huge, exploding billion dollar industry, and everyone wants a piece. +4
  • To protect the privacy of consumers, they will develop BitCanna ID where once your id is established, it will be encrypted and hashed, giving customers and sellers identity without having to give out any personal info. +2
  • The BitCanna Alliance are currently in Europe. The goal is to expand to the US market and even worldwide once a solid foundation has been built. +2
  • Passive income: Masternodes and proof of stake offer large rewards, starting out at 10% inflation.+2
  • They are being advised by 4 separate lawyers. +1

Disposition

The cannabis blockchain competition is not very tough yet. If BitCanna has a successful ICO and mainnet launch, they will probably be the best canna crypto on the market. However, the 30% discount for getting in 8 months early is most definitely not worth the risk. If interested, check on them sometime June 2019. 5.5/10

Investment Details

All unsold tokens will be burned

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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4.1 stars on average, based on 23 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: Hypernet

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Supercomputers

Hypernet technology allows personal computers, smartphones and even fridges with processors to connect with each other and become one completely ”parallel” supercomputer. The combined synergy between numerous devices can create calculating capacities which can rival every existing supercomputer.

With Hypernet it will be possible to lease your unused computing power to other users who want to use it and are willing to pay for it. Sellers register their devices in Hypernet and set the price for the time. Then, like traditional cloud services, buyers write a program and ask for hours of computing on a certain number of devices to run their program. Hypernet ensures that the buyer’s program will be divided and safely sent to each of the devices, processing arbitration between users.

Let us touch the topic of supercomputers in general.

Any supercomputer is just a just collection of computers. They are optimally connected and allow synergy between devices. However, these supercomputers are very bulky and require maintenance. The second development is a distributed supercomputer, which is based on the same concept, but devices are connected through the internet. Currently, supercomputers can only work on specific tasks. Hypernet intends to solve this problem by creating a network in which all operations will be performed much faster and in parallel. The resulting in Hypercomputer is not limited in its computing abilities in the way like other distributed supercomputers.

From a tech point of view, Hypernet is innovative because of several reasons:

  • Computation works for almost all types of problems, while competitors in distributed computing have tried to approach the most straightforward class of programs called grid computations.
  • An algorithm based on a distributed average consensus that was developed from scratch especially for dynamic, distributed and decentralized device networks.

This gives Hypernet the ability to run all classes of problems in parallel which results in an infinitely scalable network that is not limited to the cost and time required to create new data centers. This allows data reduction for massively-parallel sets of tasks.

Competitors

Hypernet’s direct competitors are SONM, Golem and Constellation Labs.

Road Map

Hypernet has three main elements, each with a separate roadmap:

Blockchain Resource Scheduler – The Hypernet Foundation will work with developers to create a schedule in the form of a graphical dashboard. Sellers will be able to use the scheduler to specify the conditions for using their equipment (when the equipment can be used, how much memory and disk should be available, and how much of their processor time they are willing to offer).

Hypernet Consensus Infrastructure – The Hypernet Foundation will work with third parties to develop an API library for distributed average consensus in a hyperlink with a lever.

Hypernet Executable Environment – To ensure security and interoperability in the system, it is expected that the Hypernet Foundation will create a sandbox environment for executing executable files to isolate them from the vendor’s hardware.

Token

The project has a sophisticated token use structure.

STAKING: Buyers and sellers must stake HyperTokens to complete compute jobs.

REPUTATION: A user’s reputation increases by being a reliable and responsible compute provider and compute purchaser, and this reputation is permanently logged on the blockchain. A user’s reputation increases the likelihood of participating in compute jobs.

CURRENCY: HyperTokens are the transactional currency which enables the buying and selling of compute on the network.

AVAILABILITY MINING: Individuals can mine HyperTokens while waiting for compute jobs, by just being available in the lobby. This incentivizes users to join the network and make their devices available.

DECENTRALIZED GOVERNANCE / VOTING: Nodes participate in challenge and response and are incentivized for helping maintain the quality of the network, and weeding out bad actors.

There is no information on token distribution and use of funds available.

Team

Below is a rundown of key team members.

IVAN RAVLICH

  • CEO and Founder
  • Graduate of Stanford.
  • Development of start-up products in the companies Ad Astra Rocket Company as plasma physicist
  • LanzaTech as a chemical engineer.
  • Candidate research at Stanford focused on advanced space motion from magnetoplasma missiles to expanded theories of gravity.

TODD CHAPMAN

  • Co-Founder and CTO
  • Graduate of Stanford.
  • Awarded a US Defense and Engineering Scholarship in the Department of Aeronautics and Astronautics, Stanford, for his thesis.
  • Current research interests relate to fault-tolerant algorithms for distributed and exact computations and the application of optimal control methods for the training of stabilized neural network architectures.

DANIEL MAREN

  • Co-Founder and CFO
  • Graduate of Stanford
  • Founded in 2013 a company of solar power electronics Dragonfly Systems with a successful exit when the company acquired by SunPower Corporation in 2014.
  • Remains advisor to SunPower
  • In 2009-2013 years. was a co-founder of the non-profit organization weJAYA, which dealt with the fight against poverty in West Timor.

Advisors

The key advisors are listed below.

RANDALL KAPLAN

  • Randall is a co-founder of Akamai Technologies, the global leader in Content Delivery Network (CDN) services. Randall is also the founder and CEO of JUMP Investors, a venture capital firm that also functions as his family office (notable investments include Google and Seagate.)

MARC WEINSTEIN

  • Marc Weinstein is the Head of Research & Analysis at DNA Fund.

Verdict

Below is the breakdown of risks and growth factors of the project.

Risks

  • The competition in the sector is very large. Both from centralized systems like Amazon, and from decentralized (Golem) and those that are doing ICO at the moment (Ankr Network, Arpa, Teex) -1
  • The team does not have much experience in parallel computing and blockchain experience -1
  • No information on token metrics at this point -1
  • WP technical assumptions are very questionable as the use of blockсkchain is not entirely understandable in view of the fact that the same system based on HyperLeger can do everything as effective -1
  • The mainnet launch was scheduled to be released in August, but there are not new releases of development announcements at this point. -1

Growth Potential

  • hard cap of 15million is pretty reasonable for this space +2
  • The team is a good one for a start-up. Young graduates of good universities and an interesting background +2
  • Have some institutional support (The DNA fund) +2
  • MVP is available +2
  • There is a market for growth in the space +2

Disposition

In general, the project can be assessed as average. The team is good but without much experience in the industry. The product is interesting, but there are delays in implementation, which for me is a red flag. 5 out of 10.

Investment Details

  • Type: Utility
  • Symbol: Hypertokens
  • Platform: Ethereum/Own platform
  • Crowdsale: June
  • Minimum Investment:
  • Price: TBA
  • Hard Cap: 15 million USD
  • Payments Accepted: ETH
  • Restrictions Barred from Participating: TBA

General details

Website: https://hypernetwork.io/

Telegram: https://t.me/joinchat/H-DkTAx1R8A0HvY6vNs5Xw

Whitepaper: https://hypernetwork.io/HypernetWhitePaper_v1.1.pdf

Twitter: https://twitter.com/GoHypernet

Facebook: https://www.facebook.com/GoHypernet/

Reddit: https://www.reddit.com/r/HypernetComputing

Medium: https://medium.com/@hypernet/has-recommended

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 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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ICO Analysis: Virtual Rehab

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According to recent studies, in the USA alone, over $35 billion a year is spent on addiction treatment services, and about $80 billion is spent on incarceration. Despite this spending, 77% of released offenders recidivate within 5 years. Luckily, with the recognition of the United Nations, The team at Virtual Rehab is coming out with new technology to fight this epidemic.

Virtual Rehab leverages virtual reality, artificial intelligence, and blockchain technology for the prevention of substance use disorders. It also provides correctional services training and rehabilitation to officers and offenders.

“Virtual Rehab believes that putting a kid in the corner does not teach them how to be a better person but rather teaches them not to get caught. Therefore, we are in it for the social good and to help address the needs of the most vulnerable populations out there.”

Four key components make up Virtual Rehab’s platform.

  • Virtual Reality: Real-life scenarios using cognitive behavior and exposure therapy to train users how to respond appropriately in the face of triggers.
  • Artificial Intelligence: Collects data from the VR environment and physiological data, and applies machine learning to identify areas of risk, make treatment recommendations, and predict post-therapy behavior.
  • Blockchain: A secure network to ensure privacy and decentralization of all data and all information relevant to vulnerable populations.
  • VRH Token: Used to purchase different services/programs. Also used to reward users who seek help through Virtual Rehab’s online portal.

Virtual Rehab’s services extend to hospitals, rehab centers, correctional officers, inmates and other verticals. Rehab for sex offenses, family violence, alcoholism, and many other offenses will also be supported. It can also be used to treat mental illness, emotional disorders, intermittent explosive disorder, and many others.

Virtual Rehab can overcome distance barriers, allowing rehab services to anyone, anywhere, because the technology can be implemented in a telemedicine context.

Here’s an example of what it might look like when a user is immersed in Virtual Rehab.

“And indeed, we capture the actions and reactions, decision making, and capture the biometrics (heart rate, blood pressure, and biodermal activity) along with keeping track of the eye movement using eye-tracking.”

The AI solution will aim to do three things:

  1. Identify areas of risk
  2. Make treatment recommendation along with existing medication prescribed
  3. Predict the behavior post-therapy

The HMD can include sensors that measure the physiological responses of a user as they interact in VR, such as heart rate or eye movement. This information is inputted in a sort of machine learning metadatabase to be used to assess whether the user’s selected responses are inconsistent with their physical activity. This helps determine if the user is attempting to deceive the system.

Token

VRH is a utility token built on Ethereum. It will be used to place an order and to download several different therapy programs (pain management, addiction prevention, cognitive behavior, etc). It will also be used to receive further analysis of the executed programs conducted through Virtual Rehab’s AI solution.

In addition, VRH will be an incentive to reward users for seeking help/counseling. Certain conditions will apply along with proof that users have sought therapy and counseling. Rewards will be claimable using the Virtual Rehab Portal.

Distribution:

  • 60% token sale
  • 15% Founders and Advisors
  • 10% Future Development Fund
  • 10% Partnerships
  • 5% Marketing

Use of funds>

  • 30% Marketing
  • 50% Future Development
  • 20% Partnerships

Team

Dr. Raji Wahidy – Founder and CEO. Spent 9 years in different leadership roles at telecommunications giant, Vodafone Enterprise. He spent 4.5 years manager at Ericsson Canada. Founded and successfully exited Amalana in 2012. Registered UN and UNICEF volunteer, and has received 16 global enterprise achievement awards.

Amal Azzeh – Co-Founder and CFO. 40+ years of experience in finance. She co-founded My Recruiting Team in 2016, a platform better known for its first-to-market Recruitment Helpdesk Support Services. No other work history is available on LinkedIn.

Jean Speville – Chief Mind Technologist. Four years as Senior Service Engineer at ASUS. Founded Vessla Development in 2015. Vessla recently created a completely cordless IoT screen with built-in WiFi. It consumes 99% less energy than LCD & LED screens. He’s a member of The Verizon Innovation Program in San Francisco, an Alumni of the Microsoft Accelerator Bootcamp Program, and a member of Sting Accelerate (Swedish #1 incubator for tech startups

They also list three consultants, including Pankaj Jain, who has worked for Nokia, AerNow, and Tivo inc

There are ten advisors. Instead of listing them all, we’ve highlighted some of the companies they have previously held high positions at: MEDNAX, HHS, SAMHSA, Microsoft, Kaiser Permanente, AIG, J.P. Morgan-Chase, MixERP, Ammeris

Verdict

“Virtual Rehab’s evidence-based solution leverages the advancements in virtual reality, artificial intelligence, and blockchain technologies for pain management, prevention of substance use disorders, and rehabilitation of repeat offenders.” And that’s just the tip of the iceberg. They will be getting into formal education as well as vocational training videos. Auto Mechanic, plumbing, how to properly putt a golfball… the possibilities are endless. On a recent Building The Future podcast, CEO Dr Raji talked about how he has had conversations with the Canadian Space Agency, who have been thinking of using VR for astronauts.

Risks

  • The ability to fully provide privacy, security and scaling is not there yet on the Ethereum blockchain. -2
  • The $20 million hardcap is rather high. This could cause a selloff early when this hits exchanges if demand isn’t there yet. -1
  • They are giving out $150,000 worth of VTR tokens during their ico bounty marketing campaign.  Their telegram has 18,500 members, 15,000 of them are either human or bot, there only for the bounty, not for the love. -1
  • The roadmap makes bold, unrealistic, claims, such as VTH will be listed on a top 10 exchange in Q1, and another top 10 exchange in Q2, and yet another top 10 exchange Q3. -2

Growth Potential

  • The team has connections to the UN, UNICEF, and 3 big accelerator/incubator programs. +2
  • First mover advantage (Addiction and Corrections). +1
  • Existing partnerships with Causalius, Chains International, Command Sourcing, Innovative Prison Systems, NETE, and Netswitch Technology Management. +2
  • Virtual Rehab will charge users for hardware, software licenses, programming required, and any support required. According to CEO, the total bill is still about 15% of the cost institutions pay now. +2
  • Unlimited expansion opportunities. PTSD, anxiety, autism, formal education, vocational training…+2
  • Dr Wahidy (Founder/CEO) just got awarded “Expert” status by the United Nations Global SCP program. This will open a ton of doors around the world. +4

  • Not much competition yet.+1

Disposition

Definitely keep this one on your radar, huge potential. 7/10

Investment Details

All unsold tokens will be burned. Tokens allocated to Virtual Rehab Team vest for 12 months.

The minimum contribution is $1,000 during presale and $100 during the main sale.

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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4.1 stars on average, based on 23 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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