Bitcoin 6448.02$ (-1.39%)
Ethereum 203.51$ (-1.11%)
Ripple 0.45$ (-2.31%)
Connecting excellent projects with the right investors
We move ICO analysis to the next level
Investors get answers fast, discover promising opportunities and underline the key risks of upcoming ICOs. Companies attract new investors, get recommendations for further development, and provide the current investors with reliable analysis.

Review and rating of ICOs

9Ongoing ICOs 51Upcoming ICOs 121Past ICOs
Description
Period
Raising funds
Risks
Score
Links
Newton Protocol
The Newton project is a protocol-based economy infrastructure, focusing on a decentralized business agreement, which will serve many industrial applications in the future.
Start
01.10.2018
End
31.10.2018
N/A
Market
Product
Team
Model
Finance
Market

Fierce competition on blockchain market. Legal issues with card payment with crypto assets.

Product

No focus of the product – all in one. No clear roadmap of product development.

Team

Founder and co-founder of Newton Protocol already took part in ICO of Elastos just half year ago. Founders team does not have deep expertise in blockchain development.

Model

The model implies extremely strong network effect, as a result, first mover grab the most of market. The model is typical for infrastructure projects.

Finance

No information has been announced. Project has at least 13 angel investors what is strange.

2.6
Low
Caspian Tech
Caspian is a complete asset management solution for crypto that covers the full lifecycle of the trade.
Start
30.09.2018
End
31.10.2018
N/A
Market
Product
Team
Model
Finance
Market
N/A
Product

- The websites of Tora and Caspian look very similar.

- There is no link to GitHub to track the product development.

- It is unclear when the product development has been started.

- The motivation of blockchain integration into the system is unclear.

- The team claims that they already connected 10 exchanges to its system. The list of exchanges is unknown.

Team

- The team is scattered between Hong Kong, Tokyo, San Francisco, and London.

- Most of the team members still work at Tora and have to work at two companies simultaneously.

- None of the core team members has blockchain related experience.

Model

- The rationale behind issuing native token is unclear.

- The list of CSP token holders benefits is unclear.

Finance
N/A
3.0
Medium
Helium
Helium is a decentralized machine network that enables machines anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular plans.
Start
01.10.2018
End
30.12.2018
N/A
Market
Product
Team
Model
Finance
Market

A high competition on IoT market.

Integration with an exsisting IoT is the most important.

Product
N/A
Team

The most part of the current team has joined in Dec 2017 - Jan 2018.

There are 94 employees in Helium Inc. and Helium System Inc. The connection between companies is unclear.

Model

Gateways will slow down the network deployment.

Finance

No financial information has been announced.

3.8
Medium
Kadena
Kadena is developing the next generation of public and private blockchain platforms for enterprise with own smart contract language - Pact.
Start
15.10.2018
End
15.12.2018
N/A
Market
Product
Team
Model
Finance
Market

• No clear focus of the project.
• High competition on the public blockchain market.

Product
N/A
Team
N/A
Model

• The rise of the platform will not lead to rising of the token price.

Finance

• Next level of funding could be too expensive.

• Equity investment would be highly preferable, but it is not available.

3.6
Medium
Emotiq
Emotiq is a next-generation blockchain with powerful scalability and privacy with a natural-language approach to smart contracts.
Start
01.02.2018
End
31.10.2018
$ 60 000 000
Market
Product
Team
Model
Finance
Market

- High competition in the sphere of smart-contracts development tools.

- The most successful ICOs in this field were launched back in 2016 i.e. have early mover advantages.

Product

- Testnet is not available yet.

- The motivation for the customers to issue tokens on Emotiq platform and not somewhere else is unclear.

- The development of a proprietary programming language - Ring - may not be adopted by communities.

Team

- The team members are located in Moscow, Zug, Tucson, Mexico, Los Angeles, and Toronto.

- David McClain does not have any experience except Emotiq mentioned on his Linkedin page.

Model

- Now there is not enough information available on the business model of the platform.

- Token economics is not given in a detailed manner.

Finance

- The unsold tokens will be kept in reserve by Emotiq, to be used for future funding needs.

- Post-ICO valuation will be equal to $120M which seems extremely expensive.

- There is no information on the use of proceeds.

3.4
Medium
MoonX
MoonX – decentralized exchange with higher transaction speed
Start
10.10.2018
End
09.11.2018
$ 39 000 000
Market
Product
Team
Model
Finance
Market

• Tough competition among exchanges

• Not significant and vague edge on competitors

• Strategic goal is to outperform crypto exchanges in volumes thanks to the token model designed but this parament does not indicate a fundamental leadership

Product

• Technical specifications are not available

• Prototype is not available yet

• Roadmap is not detailed and includes not relevant information

Team

• Lack of experienced blockchain developers

Model

• The model is likely to attract doubtful and questionable tokens for listing

• Token functions are poor and do not add significant and fundamental value to the project

Finance

• Maximum cap and Hardcap are overvalued

3.0
Medium
Fysical
Fysical is the infrastructure for the transparent and compliant exchange of location data.
Start
15.10.2018
End
30.10.2018
$ 18 000 000
Market
Product
Team
Model
Finance
Market

A lot of location data is freely available for most usecases. The biggest part of location data is owned and used within huge corporations.

Product

Last information about numbers of transaction is dated Oct 2017. There is no opportunity to freely use the final product of Fysical or Fysical Labs. Only landing pages is available. No information of app, which provides an location data or about any buyers.

Team

Not clear the role of founders of Fysical Labs in new project Fysical. Almost no technical team.

Model

According to information on site, currently marketplace model is not balanced. (only 20 buyers and 1000+ suppliers)

Finance

There is no clear mechanism for token value growth.

2.6
Low
Akash
Akash - marketplace of idle compute capacity
Start
16.10.2018
End
31.10.2018
$ 20 000 000
Market
Product
Team
Model
Finance
Market

Tough competition among successful blockchain projects

Product

The product is not far different from competitors and does not have any significant edge Only developers are able to test the prototype

Team

The team members are also engaged in Ovelock projects Lack of marketing and legal specialists Only 5 team members

Model

Not sold tokens will not be burnt and will be held by the company for future sales Own token applied has poor rational grounds

Finance

It is not clear how raised funds will be distributed

3.4
Medium
Origin Protocol
Origin provides a simple and powerful javascript library for developers to build decentralized marketplaces, allowing buyers and sellers to meet and transact without requiring any trusted intermediaries.
Start
29.06.2018
End
31.12.2018
N/A
Market
Product
Team
Model
Finance
Market

There are several Blockchain projects that do not have the same features as Origin Protocol but aim to create similar products and already gained public attention and raised money, such as District0x and Openbazar. District0x, which creates a network of decentralized markets and communities, has already raised 10M USD during ICO last August. The market of protocols seems to be heavily dependent on the "first-mover advantage", as the protocols will grow faster if they are unified and comply with the current solutions on the market.

Product

The team aims to create a complex product which requires vast amount of resources. That is why the feasibility of all the proposed features is unclear. Origin Protocol will have to compete with large, established marketplaces across different industries. It is unclear if the team will be able to scale the project so that it will be possible to compete with companies like Airbnb, Fiverr or Uber. Origin aims to expand its services globally but does not focus on any particular markets. As the prices will be shown in fiat currencies but will be paid in crypto, which is way more volatile than the former one, it may lead to price differences. This can harm the customer experience. The given roadmap is not enough detailed and only highlights some of the product development stages.

Team

The team is spread between Colorado and California.

Model

As the platform will require participants to deposit small amounts of token before creating a new listing or user profile, it might lower the attractiveness of the platform for the early users. As the users might be penalized if they falsely challenge legitimate listings or accounts, it may also decrease the attractiveness of the platform. There is no information on how Origin Protocol will earn its money, so the commercial viability of the platform is not clear.

Finance
N/A
3.4
Medium
2.6
Newton Protocol
The Newton project is a protocol-based economy infrastructure, focusing on a decentralized business agreement, which will serve many industrial applications in the future.
Raising funds
N/A
Market
Product
Team
Model
Finance
3.0
Caspian Tech
Caspian is a complete asset management solution for crypto that covers the full lifecycle of the trade.
Raising funds
N/A
Market
Product
Team
Model
Finance
3.8
Helium
Helium is a decentralized machine network that enables machines anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular plans.
Raising funds
N/A
Market
Product
Team
Model
Finance
3.6
Kadena
Kadena is developing the next generation of public and private blockchain platforms for enterprise with own smart contract language - Pact.
Raising funds
N/A
Market
Product
Team
Model
Finance
3.4
Emotiq
Emotiq is a next-generation blockchain with powerful scalability and privacy with a natural-language approach to smart contracts.
Raising funds
$ 60 000 000
Market
Product
Team
Model
Finance
3.0
MoonX
MoonX – decentralized exchange with higher transaction speed
Raising funds
$ 39 000 000
Market
Product
Team
Model
Finance
2.6
Fysical
Fysical is the infrastructure for the transparent and compliant exchange of location data.
Raising funds
$ 18 000 000
Market
Product
Team
Model
Finance
3.4
Akash
Akash - marketplace of idle compute capacity
Raising funds
$ 20 000 000
Market
Product
Team
Model
Finance
3.4
Origin Protocol
Origin provides a simple and powerful javascript library for developers to build decentralized marketplaces, allowing buyers and sellers to meet and transact without requiring any trusted intermediaries.
Raising funds
N/A
Market
Product
Team
Model
Finance
Social networks
© ICO Scoring - ICO Analytical platform backed by investors and financial experts. All rights reserved 2018