Hi guys! RightMesh seems interesting and promising!
I saw someone has it done with the SWOT analysis of your project using Digrate.com SWOT instrument.
Can you have a look please. What do you think about the result? Do you find it realistic? Here is RightMesh SWOT results
https://swot.digrate.com/report/56b79eaa-2953-415e-a1cc-44137250143cA few things we agree with and a few things we do not:
1. They are correct in that as we have not broadly marketed the project, the activity on some social networks is not at the level of some of other campaigns. We have been trying to walk a fine line of telling our story about the project and complying with regulations in multiple jurisdictions about marketing the TGE/ICO, the actions to which, could expose the project to certain risks. As such, all growth is organic and in-bound.
2. We do have a financial plan. The use of proceeds was shared; however, we also recognize that we need to be agile in our deployment of capital. The financial model and the speed at which we can do things varies greatly based on the amount contributed (as well as volatility of ETH). Case in point: the public pre-allocation was done at ~US$935 ETH price. Today, it is ~$800 ... 6 weeks ago it was <$400. We have treasury management plans in place, a great CFO, and a lot of experience in managing a business towards profitability. This should be viewed at a strength of the team and not a weakness.
Regarding the section about "More Work Required", most of this has been covered in our very active blog or discussed a lot within the community on Telegram:
Q. about the competitive landscape and the project's competitive advantages
A.
https://medium.com/rightmesh/demystifying-mesh-networks-6c7aaac07e1aQ. about the regulation of fund dispersal and usage of tools (for example, the use of an escrow) that would guarantee the return of investments if the stated usage of funds is not followed.
A. Making such a statement by any project is a death knell and should be viewed with skepticism by the community as this screams of ponzie scheme IMHO. As we repeatedly have said, "Contributor understands that with regard to RightMesh tokens, no market liquidity may be guaranteed, that the Company will not actively try to list RightMesh tokens on exchanges and that the value (if any) of RightMesh tokens over time may experience extreme volatility or depreciate resulting in loss that will be borne exclusively by Contributor."
Q. about large and well-known project partners
A. We have several project conversations that are underway and we have LOI's with several announced (see our blog). More are coming, but we choose not to disclose until there is something material.
Q. about the product readiness
A. We've been at this for 4 years, have a large team, more are being hired, we deployed onto Kovan TestNet in Feb, have pilot projects underway... However, this is fair as building a platform and protocol is hard. It takes a lot of time. We are a lot more ready than some projects, but less ready than others.
Q. about the mechanism for protecting tokens against devaluation
A. See above. Any project that promises this should be viewed with skepticism.
Q. about the conditions of the token sale
A. Detailed thoroughly on our website and on Telegram. The TGE is being conducted via BitcoinSuisse, who is one of the most respected advisors in this space and have advised on some very significant projects.
Q. about large VC investors in the project
A. While this may or may not have much relevance on the project, we do in fact have a great network of contributors. Read more about a few of our institutional contributors and why they chose to back the project:
https://medium.com/rightmesh/supporters-of-the-rightmesh-revolution-7a91df49ec30Q. about the safety audit of the smart contract
A. Multiple audits were conducted by New Alchemy, CoinFabrik, and an internal audit by FCC (First Coin Capital). These have been disclosed publicly:
https://medium.com/new-alchemy/right-mesh-smart-contract-audit-55bc7b78c58c https://blog.coinfabrik.com/rightmesh-token-sale-smart-contract-audit-master/Please let us know if you have additional questions.
