Going to catch some waves and a few ETH.

I have seen people struggle understanding the technical jargon in ICOs and their whitepapers. In this thread I will analyze all new ICOs and report my findings here. The criteria for grading is below:
1) Technical feasibility
     Is the idea even possible to implement the way it is described
2) Business potential
     If all goes well with implementation, how will market receive it

Please note that this is not advice to buy or not to buy an ICO. Its just a guide on the technical aspects. One might provide a extremely good technical paper and still run away with our money. I leave the vetting of the founders in everyones capable hands.

Storage is already dirt cheap and very difficult to make profit on. How ever, the use cases are end less. If they get their game right, they could have lot of margin while providing high availablity storage at ridiculously less $ per gig. My only worry is that, they raised too much too early. No company ever wins by doing that. It just instills bad spending habits like the guys at juicero (who built a juicer machine that costs $800 and can be replaced by just using hands).