ICO Analysis: ArweavePublished on May 26, 2018
By VlaSemVerdictA project with a wide use case idea, forthcoming main net launch, solid advisers and partnerships, increased project market awareness and a small hard cap make Arweave an attractive investment target.
Risks Teams are build from recent graduates that lack experience in corporate governance, but nevertheless, have a good education and you can see that their Github is active and project main net will be launched in June. -1
Competition in this segment is rather fierce. -1
The token sale of the project went nine months and thus has a wide spread of pricing during various stages, which in turn makes it risky to enter into ICO. -1.5
Growth Factors Data storing is a big market and the product has a competitive edge on its competitors. +1
Active Github and Mainnet launch June 8. +3
Confirmed partnerships and strong advisers. +1
Low cap ($8.7 million), which is both assuring and reasonable. It also sets the project up for significcant growth potential. +2
Brand awareness is solid; the Telegram group has 24,000 members. +2
There is a high demand for this project from the community and it seems that the private round is oversubscribed. The project employs PoC (proof of care) for investors who want to participate in the crowdsale, which implies that there will be an unmet demand during the ICO. This could offset negative risks of a wide price spread between token sale stages. +1.5
DispositionThe project generates a two-fold opinion. On one hand, the team is rather young and inexperienced. On the other hand, they have good advisers and partners and plan to launch a working product in June. Although the space is full of competitors, the product has a competitive edge and market is still huge with significant growth potential. However, due to long token sale cycles, Arweave has a wide range of prices during different token sale stages. However, early indicators suggest the project is oversubscribed, which means high demand. This, in conjunction with a hard cap of $8.7 million, give Arweave a rating of
7 out of 10.
Proof: https://hacked.com/ico-analysis-arweave/