SynchroLife
The company develops a web-based platform for reviews of places to visit restaurants and recommendations to users based on AI. Each user on the platform can receive tokens (SYC) as a reward for giving feedback. Also on the platform it is possible to buy discounts and coupons for a visit.
The company develops a web-based platform for reviews of places to visit restaurants and recommendations to users based on AI. Each user on the platform can receive tokens (SYC) as a reward for giving feedback. Also on the platform it is possible to buy discounts and coupons for a visit.
Project details
Incorporation status
SynchroLife Limited - 2017
Stage
Only Beta version of the product is available
Token description
ICO date:
16.08.2017 - 13.09.2017
Platform:
Etherium
Role of token:
• XUC can be accepted by majority of exchanges and used as clearing intermediary. • Relatively large discounts of trading fees within exchanges. • Value increase brought by deals on credit and margin trading.
Token price:
SYC price: 1 BTC= 122 XUC, 1ETH = 380 XUC (these prices are indicative and will be fixed at crowdsale).
  • First 24 hours: 20% Premium Bonus
  • First Week: 15% Bonus
  • Second Week: 10% Bonus
  • Third Week: 5% Bonus
  • Fourth Week: 0% Bonus
Sum of tokens:
100 000 000 for the amount of 5 280 000$
Blockchain:
Etherium
Consensus
method:
-
Escrow agent:
-
Accepted currencies ICO:
ETH
Bounty camping:
Budget Bounty company: 1,000,000 SYC tokens. Link to Bounty company is not available
Token distribution date
No data
Markets
No data
Token distribution:
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Investment attractiveness
Market
The company is located at the intersection of the industry of supply chain aggregators (Delivery Hero, Foodpanda, GrubHub, and Just Eat), booking tables (OpenTable) and travel advisory aggregators (tripadvisor (in Russia), Foursquare, yelp). Such major players as Delivery Hero and Foodpanda attracted 100 million euros in 2015. Most of these companies have a function of assessments and recommendations. At the same time, direct and indirect analogues do not limit themselves in the commentaries only on restaurants and the ways of monetization, which makes Sinchrolife.
Product
CPU for the user. The utility of the company's core value proposition for the visitor user (reward for the feedback) for more honest and active commentaries is questioned: for example, SYC performs scores or other ways to encourage similar applications and is not clearer than it is better CPU for the restaurant. The usefulness of this platform for the restaurant in comparison with competitors is also highly questioned, due to the limitations of the audience • In the market with a very small LTV, Sinchrolife initially makes for itself very large restrictions: recommendations only for the public catering, only recommendations and no booking or delivery • Development dynamics can not be tracked using medium or git hub) • The claimed track of 32,000 users and 150,000 ratings is almost impossible to confirm. The very early post on fb and twitter is July 2. At the same time, there are slightly more than 100 subscribers on fb, which is not comparable with the declared indicators. Most companies report such metrics as MAU, DAU, but these indicators are not presented. • The site is not further developed: 1) links are not working on CEO, other members of the team simply do not have them 2) FAQ is not completed • Road map is as abstract as possible
Team
There are a lot of questions to the experience of the CEO SynchroLife TOMOCHIKA KAMIYA. From the experience presented on LinkedIn, most (11 years) account for AI PACIFIC, Inc. In the role of CEO. Information about this on the Internet is small, the company's website does not work (http://ai-pacific.jp/).
Model
The choice of mechanism for raising funds through the ICO is justified by the need to use the SYC tokens as a way of rewarding users in giving recommendations
Finance
Total SYC supply: 100,000,000. SYC price: 1 BTC= 122 XUC, 1ETH = 380 XUC (these prices are indicative and will be fixed at crowdsale). The ICO will start on the 16th of August 2017, and will close on the 13st of September 2017. The SynchroCoin token crowdsale will have time based bonuses throughout the crowdsale. The size of the bonus will be largest at the start of the crowdsale and decrease overtime. There will also be a premium bonus during the first 24 hours of the crowdsale. Contributions made early on in the crowdsale will receive the most amount of SynchroCoin tokens for their contributed Ether (ETH) thanks to the bonus.