[ANN][RATING] Digital Rating Agency (ICOs, cryptocurrencies): launching

[choojoy]

The DigRate has assigned Quality Rate High to Serenity project.

The Serenity Financial platform is a marketplace for traders and brokers, implemented on a blockchain. Using the platform, cryptocurrency traders get the opportunity to invest in classical assets, keep a deposit and make profits in cryptocurrencies.

The project founders say the use of their platform will significantly reduce: ⎼ commission fees for transactions, ⎼ fraud risk on the Forex market, ⎼ complexity of exchanges and other transactions.

The project team has identified real problems in the modern foreign exchange market and presented a clear business model. The project developers have published the smart contract code for the ICO on GitHub, but an independent audit of the smart contract has not yet been conducted. The Verify My Trade system and the SERENITY crypto exchange are available as product prototypes, and can be tested on the project’s website.

The project has a limited issuance of SERENITY tokens. The Howey Test has not been conducted. Tokens used to pay for the company's services will be withdrawn from circulation and destroyed. There are no tools (for example, the use of escrow) that would guarantee the return of investments, if the stated usage of funds is not followed. The whitepaper lists the project’s main legal documents: SAFT, Terms & Conditions, and Privacy Policy. Information about the legal structure of the company is absent.

The team members are competent in their fields, the project founders have previously implemented a successful business in financial markets, and the project is supported by well-known consultants. Information on project support from VC investors has not been revealed in public sources. At the time of drafting this review, the level of the marketing activity (with the exception of Facebook and Bitcoin Forum) was below average.

Despite the above-mentioned shortcomings, DigRate experts assume that the intentions of the project team are serious, and their abilities are sufficient to achieve the stated goals.

Pros and cons of the project, can be found in our review.
https://digrate.com/uploads/investment_overview/Serenity_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate High to The Abyss project.

The Abyss is a decentralized digital distribution platform, where developers are to be able to cut marketing costs, exchange traffic, and gain access to additional services. Players can play their favorite games and earn by participating in referral and motivational programs, auctioning game items, creating game content, and other social activities.

The team has created a detailed model that clearly explains the platform’s internal processes. However, the success of the project largely hinges on a well-constructed marketing campaign.

The issuance of tokens is limited, as the volume directly depends on the amount of funds collected during the ICO. Information on passing the Howey Test is absent. In the opinion of DigRate, ecosystem participants have a clear motivation for owning ABYSS tokens, as discounts are provided at the expense of the platform when payments are made in tokens (in contrast to fiat payments). This makes using ABYSS tokens more profitable than using fiat currency, and creates stable demand for the tokens. As a defensive mechanism against token devaluation, the company plans to burn one third of its commissions through a smart contract, which should reduce the number of tokens in circulation.

The company’s legal structure is transparent. The project’s website also presents all of the following documents: Privacy Policy, Terms & Conditions, Token Pre-Sale Agreement, Token Sale Agreement, according to which ICO participants agree to provide information for KYC procedures under the project’s AML policy. The project developers have published a smart contract code on GitHub, but has done little to develop the project source code at of the time of this publication. The project team has also presented the results of an independent audit of the smart contract.

When this review was drafted, the team had not disclosed the members of the advisory board. There is also no detailed financial plan or information on VC investments. However, the project team has sufficient experience in the gaming industry and the ability to implement its business model.

Pros and cons of the project, can be found in our review.
https://digrate.com/uploads/investment_overview/The_Abyss__Investment_Review_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate Medium to Parsec Frontiers project.

The Parsec Frontiers team is developing a multiplayer online game centered on the colonization of planets in the Milky Way. The blockchain economy is fully controlled by players and is to allow users to mine and use rare metals, create modern ships and defense systems, as well as buy and trade resources for profit.

The project team has described the business model and the game universe in detail. The project website has information that the game is already developing, although, the prototype and the source code for the product has not been published on GitHub.

The game is to use its own currency - Parsec Credits [PRSC]. This is a classic crypto token, which is to be traded on exchanges, while all users are to be able to exchange tokens for other cryptocurrencies or fiat currency. The issuance of PRSC tokens is limited and the team has described a mechanism in accordance with which a portion of the tokens is to be withdrawn from circulation and destroyed. The project team has presented the results of a Howey Test, according to which PRSC tokens are not securities.

Escrow is not used by the project. Additionally, there are no legal documents (for example, Terms & Conditions, SAFT) and information about the legal structure of the company.

The project is supported by strong consultants and well-known experts in the blockchain field. Information on project support from VC investors has not been disclosed.

At the time of drafting this review, marketing activity was insufficient. Furthermore, the project is not widely discussed on blockchain news resources.

The described game world is not a unique idea, and the project has several successful competitors, such as EVE Online and Star Citizen. Star Citizen, which has been being developed since 2012, has sets records for fund raising through crowdfunding and has a huge fan base. Using the EVE Online example, the introduction of blockchain technology is not a prerequisite for successful monetization of an in-game economy. The business model of Parsec Frontiers contains considerable risks, as the innovative component of the project and the benefits are not obvious.

Pros and cons of the project, can be found in our review.
https://digrate.com/uploads/investment_overview/Parsec_Frontiers__IR_eng.pdf

[clickgem]

Thanks for sharing.
This is a great project, wish you success.

[dalexsys]

could you review our project?

https://bitcointalk.org/index.php?topic=2693971

http://paybycps.com/

[Reinsurer]

could you review our project?

https://bitcointalk.org/index.php?topic=2693971

http://paybycps.com/

Thanks for your message, please contact us via web site https://digrate.com/ or info@digrate.com we'll send our pricing for rating and / or audit.

Please note that, only high quality projects can get A1 or A2

[choojoy]

The DigRate has assigned Quality Rate High to Eticket4 project.

Eticket4 is an international P2P-platform, operating on the secondary market of ticket sales for sports, music and other mass events. The Eticket4 platform acts as a link and arbitrator when making a sale transaction, verifying the seller and transferring tickets to the buyer using courier service, and also blocking the amount received from the buyer until he gets to the event. The Eticket4 ecosystem provides for the interaction of all market participants: investors, event organizers, ticket brokers, as well as ticket buyers.

The project founders have a successful experience, that is confirmed by the functioning business in the field of ticket sales since 2016.The project team carried out a detailed analysis of the ticket sales market and the competitive landscape. In contrast to the blockchain projects planned for launch in the US and UK in 2018 (Blocktix, Aventus), Eticket4 is an already operating business, that has experience of entering foreign markets. Also, there are successful companies such as StubHub, Viagogo, Kyazoonga in the global market. Among the similar projects that conducted the crowdsale in 2017, Crypto.tickets can be note ( A2 score of investment attractiveness ⎼ 5.2 points). During the ICO, the project raised $1.75 mn, and the price of its TKT token rose 3.5 times ⎼ from $0.06 to $0.21 since the ICO end date.

The company describes in detail the advantages of its platform, the growth factors of the ET4 token price and the measures taken to reduce the risks of investors. The economic nature of ET4 defines a token as a digital unit of Eticket4 service, that is transferred to the buyer as points for the purchase, and it is not a basis for recognizing the token as a security. The team also provided the results of the Howey test.

In order to reduce the risk of tokens devaluation and the manipulation of its price, a number of preventive measures are envisaged: limited issuance of tokens, their buyback by the platform, and ET4 listing on exchanges (after the project enters the European market).

To maintain liquidity and ensure the buyback of ET4 tokens, a reserve will be formed. The minimum platform fee (2%) for a transaction in company tokens, lottery of the prize fund, and cashback are the main factors of high demand for ET4. An additional motivation for owning tokens for event organizers is the ability to regulate the secondary ticket market for their events, restrict re-sale, set the ticket's limit price, and receive commission from secondary transactions.

Deficit model of the token ⎼ passive growth factor of the ET4 price. The foreseeable purchase of ET4 tokens for fiat means that the buyer, when using fiat money, also demands the tokens, and then spends them, that facilitates the turnover of ET4.

The operating Eticket4 ticketing platform with an annual turnover of $2 mn and an average monthly growth of 2-3% provides ET4 tokens with real, rather than speculative, liquidity.

In general, the decentralization of current Etiquet4 business model will allow it to enter new markets, and the price of the ET4 token has a high growth potential in the long term with low sensitivity to market conditions.

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/Eticket4_ER_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate High to IZX project.

IZX is a platform implemented on a blockchain for constructing effective communication between sellers of goods (services), their consumers and game developers of augmented and virtual reality. The project's founders intend to create a new niche in the digital advertising market, encouraging developers to integrate their applications with the decentralized marketing platform of IZX.

The project team identified the problems of the modern online advertising and offline business market, and also presented a business model in which the main source of the project's income is the commission fees for the use of the network infrastructure. IZX tokens is a virtual asset for the transfer of values between developers, players, and advertisers, within which virtual prizes become real, and players become customers.

Companies on the IZX platform play the role of advertisers and conduct marketing campaigns to engage new or retain existing customers. Advertisers buy tokens for advertising campaigns, and players collect them through the application and can exchange for real values in the form of a discount, gift, special offer or other reward.

Developers have already built in the platform the first game of the same name (available at Google Play and Apple Store) with elements of augmented reality (AR). Until the end of 2018, the platform plans to launch three new AR-games.

The project team has professional experience in software development, finance, and marketing. The project is supported by strong advisors and well-known experts in the field of blockchain, although information about the experience of the IZX founders in the implementation of a successful business in the project field is missing.

There are a number of basic legal documents on official resources of the project (Terms & Conditions, Privacy Policy) and the regulation of funds dispersal that will be raised during the ICO. Information about the legal structure of the company IZX PTE. LTD (UEN 201724759N) is posted on Singapore's public websites. A code of smart contracts for the platform and the game protocol are published on GitHub. Information on project support by VC investors has not been revealed. The project’s website lists a number of companies, named partners, but there is no detailed information on this issue.

At the time of drafting this review, the level of the marketing campaign activity is not high enough. There is also a low activity of the project discussions on blockchain news resources, but despite this, the mobile IZX game, integrated with the platform of the same name, managed to attract more than 30,000 active users.

Despite the fact that the game presented by developers is a direct analog of the famous Pokemon Go, IZX contains several cardinal differences from existing solutions. First of all, this is the economic benefit that all IZX participants get, regardless of their role. Taking into account the interest of the public in the games of augmented reality (Pokemon Go, where users do not receive money, but spend it, it was possible to attract more than 100 million players worldwide), as well as economic incentives for the token holders, it can be argued that the project has all chances for the successful implementation of the in-game economy. This hypothesis is confirmed by the results of public testing of the beta version and the mobile app of the same name. There is a risk of using the idea of IZX by large companies: Google, Microsoft, Apple, that are developing an ecosystem of augmented reality.

IZX is using advanced technologies (blockchain and augmented reality) and has a high potential for development and scaling, and the business model of the project is characterized by a medium-to-high probability of investment return.

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/Izetex_ER_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate Medium to ViMarket project.

ViMarket is a platform that combines a trading platform, as well as tools for working with virtual and augmented reality, through which sellers can create virtual versions of their goods, and users - 3D copies of their rooms and see how the goods will look in their interior.

Now ViMarket specializes mainly in real estate and interior design, and also shows interest in the fashion industry and the automobile industry. By paying for virtual purchases with VIT tokens, the user will be able to acquire ownership of the goods in the virtual plane and to test its usage in real life. According to developers, the cost of virtual purchase will be low, and acquiring the real thing through the marketplace, the user will receive a discount equal or greater than the amount of spent tokens.

The company has developed beta version for creating virtual product models and a virtual version of the premises that are intuitively easy to use. The creator of the project is the company ViMarket Gamechanger, that previously used its 3D-development in the gaming industry.

The developers of the project demonstrate understanding of the competitive environment and as the main competitors of the project indicate Amazon and Facebook, that were among the first to enter the market with developments in the field of virtual reality. However, neither Amazon nor Facebook offers a concept in which e-commerce and virtual reality interact within the same economic system. Also there are a number of other large companies that offer centralized solutions for 3D visualization of goods (for example, the Augment application that is integrated into the Oracle Cloud Marketplace). In a decentralized environment, similar solutions were not found.

The volume of the e-commerce market has grown by more than 10% per year over the past 8 years and online shops spend more than $ 6 trillion annually for the return and exchange of goods, that did not appeal to their customers. The solution offered by ViMarket will provide Internet users with the opportunity to gain experience of owning the goods before acquiring it. The economic nature of VIT defines a token as a digital unit of ViMarket service, for use by buyers as a settlement for a service or product, that is not a basis for recognizing a token as a security, however, the Howey test has not been conducted. VIT will allow users to purchase virtual versions of goods that are interesting to them and try them out before buying a real product.

VIT carries a real economic value, because owning a virtual version of the product gives the right to a discount (equal or greater than the cost of a virtual product) when it is purchased in real life. In order to reduce the risk of the token's devaluation and the manipulation of its price by the project, a number of preventive measures are taken: the limited issuance of tokens, the destruction of all unsold tokens, although the project does not provide for the buyback of tokens or their "burning".

The project did not audit the safety of the smart contract, that increases the risk of vulnerability in the code and unauthorized withdrawal of funds. It should be noted that the implementation of the business model of the project is possible without the use of blockchain technology. Nevertheless, the competition in the e-commerce market is high and every year it becomes tougher, therefore ViMarket, that offers new tools for interaction between sellers and buyers, is competitive and promising. The presented prototypes of tools and the described innovative solution in the medium term will allow the company to confidently capture part of the e-commerce market in real estate, interior design, fashion industry and the automotive industry, that will contribute to the growth of the VIT price.

Pros and cons of the project, can be found in our review.
https://digrate.com/uploads/investment_overview/ViMarket_ER_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate Medium to Solve.Care project.

Solve.Care is an international platform that will operate in the market of medical services. Solve.Care platform acts as a link between consumers of medical services, private and public medical institutions, insurers and brokers. According to Deloitte research, the global volume of the medical services market will grow from $ 7 trillion in 2015 to $ 8.7 trillion by 2020. 15-30% of these funds are wasted due to inefficiency of the system, excessive workload and various types of fraud.

The project team conducted an analysis of the medical services market using the example of the United States, indicating all the factors that adversely affect the healthcare system and the benefits of using the Solve.Care platform. The project collected a softcap of $ 3 mn at the pre-sale stage.

The founders and advisers of the project have successful experience in the field of health insurance for life and health; development, design and promotion of innovative tech products; information security and cryptography. From a tech point of view, the team looks very strong.

Among the main competitors of the project are the following:

Doctorlib. With the help of this platform you can remotely make an appointment with a doctor. For patients the platform is free, and doctors pay $ 117 per month. This startup has already attracted $ 28 mn;

HealhEngine allows patients to schedule appointments with medical professionals online using a website or mobile app. The project attracted 26.7 million Australian dollars;

Robomed unites healthcare providers and patients on the basis of a smart contract, the performance criteria of which are the metrics of the effectiveness of a particular medical service and the patient's satisfaction. The project attracted $ 15 mn. As of the date of the express review, the price of the RBM token is $ 0.0913 and has fallen from $ 0.354 since the start date of trading on the exchange);

Medicalchain uses blockchain technology for the safe storage of medical records and the preservation of a single reliable information;

It is also important to note the emergence of startups in the field of telemedicine, that allow you to consult a doctor remotely. Among them we can distinguish the RoboDoc system, which is a tele-device with a screen and a video chat with a doctor.

Most competitors’ solutions are limited to improving only patient and doctor relations, while Solve.Care offers a complex system with interaction of all participants of the medical services market. That is its main advantage.

The economic nature of CAN defines a token as a utility, that will be used for further purchases, payments in the system and it is not a security. (There is no information on the results of the Howey Test on the official website of the project.)

According to whitepaper (section Important Disclosures), the CAN token will be subject to legal review and will carry all the SEC's requirements, as if it were security. In order to reduce the risk of tokens devaluation, there is limited issuance of tokens. All unsold tokens will be destroyed.

The main factors for the high demand for CAN from private insurance companies, hospitals, doctors, and other stakeholders will be a variety of options for its use, including administration, coordination, and payment transactions for US government programs such as Medicare and Medicaid.

18% of the total number of issued tokens is reserved for project organizers and a Vesting schedule is provided, which is based on the gradual receipt by project managers of 20% of tokens every 6 months from the reserved amount and 100% vesting at 30 months. This is a motivating factor for the diligent performance of all work duties.

Among the partners of the project there are such large companies and associations as: Ambisafe, FoxTailMarketing, Juscutum, and American Research&Policy Institute, that indicates a high degree of reliability of the project.

The main risks of the project include the fact that the project does not have a prototype of the product, in contrast to its main competitors and the dynamic development of projects-competitors. Also, due to low marketing activity, there is a risk that it will not collect sufficient funding.

In the long term, Solve.Care has all chances to become one of the main players in the healthcare market. The CAN price has a medium growth potential with considerable sensitivity to market environment.

Pros and cons of the project, can be found in our review.
https://digrate.com/uploads/investment_overview/Solve.Care_ER_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate High to Jury.Online project.

Jury.Online is a platform that provides services for the resolution of any kind of disputes with the participation of an independent group of expert judges. The main problems of the market, that the project plans to solve are: high fees for professional legal services, excessive duration of trials and non-enforcement of court decisions. The appeal to traditional courts is too time-consuming and expensive in case of disputed transactions with insignificant funds. The Jury.Online platform using the built-in arbitration system is trying to resolve disputes outside the framework of state procedural requirements, without violating the requirements of different countries legislation in regard to contractual arrangements between the parties. Legal recognition of such decisions on disputes by all subjects of contractual relations is also possible.

The platform has a flexible smart contract that allows to conduct multilateral transactions, randomize the pool of judges, and also includes a number of approaches that exclude the corruption component of the dispute resolution process. The Jury.Online system uses the smart contract when making transaction between counterparties, where the initiating party deposits funds in the smart contract according to the declared sum. In case of a disputable situation, independent judges ⎼ participants of the system are involved to complete the transaction. There is a variety of options for selecting a third arbitration party in the flexible system of selection of judges.

It is possible to use both the automatic system of selecting the judges, and independently choose judges specializing in a particular field and providing their services in dispute resolution within the platform. Judges do not have information about decisions taken by other judges, and the final verdict on the dispute is made based on the majority of the judges’ votes. Payment to judges is made after the conclusion of a disputed transaction from the blocked funds on a smart contract.

Online stores, platforms for freelancers, trading platforms and other Internet companies are interested in services to resolve legal disputes. Instead of having their own legal department, they could entrust this service to members of the Jury.Online system.

MarketLine’ business analysts published a report on the state of the global legal services market in 2016 (data for 2017 are not available yet). The market volume is $ 584.4 bn, and the average annual growth in sales of legal services is 2.2%. However, the whitepaper of the Jury.Online lacks a detailed market survey and a description of the competitive advantages of this platform, for example, over Confideal, Ethearnal, RxEAL. It should be noted that the projects Ethearnal and RxEAL are not direct competitors to Jury.Online, since the dispute resolution function is implemented for particular tasks based on the specifics of the remote work and disputes over collateral for leases. The Confideal’s functionality is the closest to the Jury.Online’s, but Confideal has not yet completed the pre-sale stage, nor does it have a randomized selection of arbitrators despite the implemented MVP.

The field of dispute resolution is represented by the state judiciary. The project has a number of significant advantages over the centralized judicial system: low financial costs of launching and settling disputes, impartiality of decisions made in disputes, as well as flexibility in choosing rules and conditions for resolving disputes.

The project team has developed an alpha version of the product. The source code of the smart contract and the protocol are published on GitHub. The Jury.Online team is quite balanced and includes developers of the platform, experts in marketing, strategic development and other fields. It should be noted that the team members do not have extensive experience and achievements in the field of jurisprudence. The project needs additional specialists in the field of jurisprudence.

Successful pre-sale of the Jury.Online, as well as the popularity of the project in social networks and thematic communities demonstrates investors’ interest to the project.

The potential of the JOT token directly depends on the distribution of cryptocurrency as a legal means of payment. The services of the platform may be of interest to freelance exchanges and medium-sized online stores. The price of JOT has a growth potential of 2-3 times in the medium term (from three to six months) with medium volatility (up to 30%) in the long term (from six months).

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/Jury.Online_ER_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate High to Datarius project.

Datarius cryptobank is a platform that will function on the basis of P2P-ecosystem and will combine many different financial services, such as: fast money transfer; currency exchange; crediting of P2P; transactions and investments in real funds; trading exchange instruments; demand deposits; integration with instant money transfer systems Western Union, MoneyGram, TransferWise; access to SWIFT; use of fixed cryptochecks; mortgage credit lending; creation of services for small and medium-sized businesses; creation of a VC investment fund; access to the market of government bonds. Future users of the platform will receive financial services that will meet their needs, as transactions will be automated and services will be adapted to the wishes of users through smart contracts.

According to the report by McKinsey & Company, the volume of investments in fintech startups increased from $ 2.5 bn in 2012 to $ 14.6 bn in 2016 and continues to grow rapidly. According to the forecasts of the World Bank, by 2025, 10% of world GDP will be serviced through a blockchain. The project team conducted a comparative analysis of Datarius with traditional banking institutions and competitors from the fintech field. However, concrete projects on a blockchain with a similar concept have not been considered (for example, according to Forbes, in 2017, 22 of the 50 most successful fintech startups were implemented on the blockchain).

Another decentralized fintech project is Lala World (B1 investment attractiveness score), ICO has already ended and the project raised $ 12 mn. The Lala World team presents a product with limited functionality, that is used by more than 500 thousand people. Despite the similarity of projects for a standard set of financial instruments, Datarius offers an innovative model of socialization of the fintech system, as well as many additional tools. Among the competitive advantages of Datarius: relatively low commission fees for transactions (0.02 to 0.15%), the ability to customize services for the needs of a particular user; a flexible system that will allow users to transfer personal accounts to crypto-space significantly saving on banking services and receiving bonuses for activity on the platform and, thanks to integration with international translation systems, it will be easy to invest and withdraw funds.

The economic nature of the DTRC token defines it as a digital unit of Datarius service, a unique key and the only tool for participating in the ecosystem. The entire range of financial products and ecosystem services is based on the interaction of users directly with each other using DTRC.

DigRate analysts believe that the distribution between the token holders of a part of the platform's revenue carries the risk of classifying DTRC as a security token and without obtaining licenses in a number of countries it can be considered as violation of the securities market law. However, the team is advised by professional lawyers, and the results of Howey test will be published soon. In order to reduce the risk of token devaluation, the project envisages the limited issuance of tokens and the listing of DTRC on exchanges after the product has entered the financial services market. The ability to use the ecosystem with a variety of financial instruments, a minimum platform commission fee when carrying out a transaction, the allocation of a part of the platform commission fees are the main factors of high potential demand for DTRC.

Developers published the Terms and Conditions, that disclosed AML / KYC issues. The publication of the Privacy Policy is scheduled for February 19, 2018.

At the moment, the main disadvantage of the project is incomplete implementation of the tech side, as the team does not represent the platform prototype. The code of the ICO smart contract is published on GitHub, the results of the independent safety audit of the smart contract are not presented.

In general, the success of the Datarius project will depend directly on the availability of the necessary licenses (starting with the DPL, that is in the status of application consideration), and also on the distribution of cryptocurrency as a legal means of payment.

If all legislative norms are observed and the project's functionality is fully implemented, the platform can be of interest to a wide range of users of different social levels.

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/Datarius_ER_eng.pdf

[choojoy]

The DigRate has assigned Quality Rate High to Ethearnal project.

Ethearnal is a peer-to-peer (P2P) system for the interaction of employers and freelancers. Labor relations between the employer and the attracted remote executors are built on the basis of a smart contract, through which the employer initially deposits the amount of payment for the work of the freelancer in Ethereum (ETH). The main criterion for assessing the level of qualification of freelancers within the Ethearnal platform is the ERT in-system token. The number of ERT on the participant's balance sheet directly affects the number and complexity of projects in which he can participate as an executor, employer or moderator.

The system commission is a 0 to 1% and depends on whether the transaction was disputable. If the terms of the contract are successfully executed by both parties, then there is no need for arbitration and there is no fee . To resolve disputed situations, the moderators are involved in the role of arbitrators. To participate in the dispute, the moderators transfer their ERT to the balance of the smart contract and choose the side that they think is right in this situation. The winning moderators get back the ERT they contributed and, as compensation, the ERT of the losing party, as well as the tokens of moderators who voted for this side. 1% of the ERT balance of the winners’ controversial smart contract is written off and distributed proportionally among all holders of the ERT token within the Ethearnal system.

A study by McKinsey & Company of the global market for remote work showed that in 2016 only in the US and Europe there were more than 160 million freelancers, for 50 million of them, remote work was the main source of income. More recent data for 2017 was published by Upwork, in which the number of freelancers in the US is 57.3 million people, that is 36% of the working population of the country. The chosen market niche for implementing the Ethearnal project is highly competitive, but in demand and has a great growth potential. At the moment, there is a large number of centralized services on the remote work market for the interaction of freelancers and employers. Also, with the development of blockchain technology, many decentralized projects are entering this market: Blocklancer, Coinlancer, Bitjob, Jury.online, Wordcoin, FreelancerCoin, Gems. Currently, ICO Blocklancer has already attracted 4 thousand ETH, and the completed Bitjob ICO - 8 thousand ETH. The price of the Bitjob token after the release on the exchange showed a steady growth of 120%, but then fell below the original price. It should be noted that the Ethearnal project can compete with Jury.online, which is not a direct competitor, but has functions for solving Ethearnal's tasks. A significant advantage of the Ethearnal project is the introduction of the ICO 2.0 concept, which enables investors to monitor the expenditure of borrowed funds by the project team.

The main advantages of the project over competitors are:

– low commission fee for participants of the system (0 to 1%);

– the funds raised during the crowdsale in ETH are blocked on a smart contract and transferred to the Ethernal project team 10% each after the positive voting of ERT holders (ICO 2.0);

– if investors’ expectations in evaluating the performance of the Ethernal team are not met, owners of ERT tokens are able to return the remainder of blocked ETH on a smart contract;

– the project team intends to collect profit from the project on general terms, as the holder of 20% of the total number of ERT.

There is MVP on project’s website, the source code of the project is published on GitHub. Safety audit of the smart contract was carried out by Authio and is available on the website. An indefinite bounty program to find bugs in the Ethearnal system is announced. One of the project's founders has an extensive experience in freelancing and has positive feedback. The disadvantages of the project are the absence of the test results for non-recognition of ERT as a security and the insufficient elaboration of the competition methods. The project is popular and widely covered in thematic media. The main factor for the success of the project, and, accordingly, the demand for ERT is the detailed "aggressive" marketing strategy for popularizing the project, taking into account the narrow segmentation of the market and targeting its audience.

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/Ethearnal_ER_eng_mhRXCAH.pdf

[MinerCoins_RUS]

Digital Rating Agency

digrate.com

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Digital Rating Agency - rating agency providing services on the assessment of the quality of digital assets, including ICO, infrastructure audit, information security maintenance and publishing of analytics.

Mission: to help investors to choose high quality digital assets
Values: objectivity, efficiency, responsibility

We are an independent group of experts whose mission is to evaluate and describe the pros and cons of different digital assets available for investment to funds and individuals.



How do we evaluate ICOs?

1. Team and partners
Efficiency of a team, professional skills, project launch experience

2. Project analysis, finances
Core product, technologies, budget

3. Market volume, dynamics, competition
Project environment

4. Technology's implementation
Analyzing of using technologies and current project's state

5. Legal framework
Regulatory requirements, legal obligations of the team

6. PR
Recognizability and attractiveness of the project



Rating scale of investment attractiveness

A1 - High level High probability of investments, low sensitivity to market environment.

A2 - Satisfactory level Medium high probability of investments, sensitivity to market environment.

B1 - Satisfactory level Real risk exposure, high sensitivity to market environment

B2 - Low level Low development potential, eventual speculative investments

C - Low level High default risk in the short term

D - Low level Default



How do we identify scams?

1. Information about core team and developers of the project

2. Legal obligations

3. Successful and failed projects of the team

4. Presence of guarantors

5. Elaborated idea of the project, income and expense budget

6. Prototype, MVP, existing product



What is the fraud rate

1. Low fraud rate

2. Medium fraud rate

3. High fraud rate

4. Scam



Our reports

Rootstock (A2, Low Fraud Rate): eng | rus

Jincor (B2, High Fraud Rate): eng | rus

Goldmint (B2, High Fraud Rate): eng | rus

COMSA (A2, Low Fraud Rate):  eng | rus

Privatix: (B2, Medium Fraud Rate): eng | rus

crypto.tickets: (A2, Low Fraud Rate): eng |  rus

XRONOS: (C, Scam Fraud Rate)

RoboMed: (B1, Low Fraud Rate): eng | rus

RoboMed: (B1, Low Fraud Rate): eng | rus

MicroMoney: (B1, Low Fraud Rate): eng | rus

BitClave: (A1, Low Fraud Rate): eng | rus

BioCoin: (A2, Low Fraud Rate): eng | rus


Papirus: soon

Snov: soon

Karma: soon

BitJob: soon

Privatix: soon

For any questions or suggestions please use info@digrate.com or site's feedback form or this thread.

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https://bitcointalk.org/index.php?topic=2208830.0 - russian thread

Клaccный пpoeкт, тpeбyeтcя ли пoмoщь и yчacтниe?
Moгy oкaзывaть coдeйcтвиe в нeзaвиcимoй oцeнкe - бecплaтнo (нa нaчaльный пopax)!

[choojoy]

The team of the first professional rating agency for the evaluation of digital assets DigRate has assigned a Quality Rate High and A1 investment attractiveness score to allabout.me – high probability of a significant token price increase, considerable scaling and development opportunities.

The platform allabout.me is intended for the interaction of social network users and advertisers. It includes user’s account, wallets and “Show-window” trading platform. In addition, allabout.me acts as a guarantor of users’ verification during their registration. One of the main missions of the team is the fair allocation of advertising revenue between users and allabout.me social network.

According to experts, in 2018 it is expected to be equal to $ 269.85 billion, in 2019 - $ 304.34, and in 2020 this figure will reach a record-breaking $ 335.48 billion. Also, an increase in the global advertising market in social networks is anticipated. Only in the United States $ 17.34 billion will be spent for advertising in social networks. Also, growth of the Internet audience is observed, by 2020 this figure will be already 4.1 billion.

allabout.me has developed mobile applications on the basis of iOS and Android with the option to exchange virtual currency within the network. It is possible to get tokens into the project ecosystem and withdraw them through the blockchain. The standard of tokens is ERC20.The source code for the smart contract for making ICO was published on GitHub.

As of the date of the report on the results of the two presales, 9070 ETH have been raised, which is equivalent to $ 7.5 million at the current exchange rate as of 21.02.2018. The DigRate team had verified the information and confirms the fact that the project owners have access to the wallet of the smart contract. The main investor of the project is Tzedakah Funds Fund, which has confirmed its participation in the project.

In the process of rating, three face-to-face meetings were held with the project management.

The project team disclosed information about the legal structure of the company, during the verification, the identities of members of the Advisory Board and project managers have been acknowledged, as well as the amount of money raised from the investment fund has been confirmed. As for legal and tax issues, the project team actively cooperates with Interconsulting Law Firm, as well as hold consultations with a number of international audit firms in order to involve them as project auditors.

The team has presented a detailed Road Map with indication of the targets. All of the above mentioned facts leave no room for doubt in the serious intentions of the project developers and in the possibilities of implementing the plans. The team expects to attract international stars to the project.

Like any other ICO projects, allabout.me contains high risks for investors, but the team has sufficient resources which, if used rationally, can ensure the token’s price growth.

In our opinion, Hard Cap established at the level of $ 100 million, is overestimated given the current marketing activity of the project. For example, the ICO of IndaHash project with a similar business model allowed to accumulate $ 42 million, while the project conducted a very active marketing campaign in social networks, on thematic forums, and news sites of blockchain resources.

The presence of a large investor is also a factor of material interest in maintaining the price of the token after the completion of the ICO.

The concept offered by the developers of allabout.me is important for the further development of the social networking market in general and taking into account the dynamics of the development of the online advertising market, as well as the spread of blockchain technologies. There is a high probability of token’s price growth after the ICO within 6 months.

If the team breaches the terms of allabout.me, the stages of the strategy of marketing and project development, the assessment of the investment attractiveness made by the rating committee of the DigRate agency can be reviewed.

Pros and cons of the project, as well as our recommendations, can be found in our report.
https://digrate.com/en/ico/546

[choojoy]

The team of the first professional rating agency for the evaluation of digital assets DigRate has assigned a Quality Rate Medium with average score of 5.1/7.0 to TheWorldNews project.

TheWorldNews project positions itself as the first anti-fake news platform, where a bot gathers news from around the world. The bot stores the collected content in a distributed database, that ensures transparency of information about any changes in the news content, as well as compact storage and quick access to the data for later analysis. Further, with the help of a self-learning neural network, the content in the database is analyzed, poor-quality content is detected, and the corresponding rating is automatically assigned to the publication.

The business model of the TheWorldNews assumes the monetization of the news platform by selling advertising displays on theworldnews.net. An in-depth analysis of user metrics will be available for advertisers, with broad targeting capabilities for the target audience of interest.

Whitepaper also identifies the following revenue sources for the platform:

– including the media in the list of feeds; – information marketplace services for the media (photo bank, video content, and access to unique news from around the world); – placement of commercial articles, both on the project website and on partner resources; – purchase a translation of a news item into the required language in only two clicks.

Accounting inside the TheWorldNews platform will be made by TWN tokens, and all unsold tokens will be destroyed. In addition to fundraising, the team notes the importance of issuing its own TWN token as a guarantee of project independence from governments of different countries and financial-industrial groups.

The team has already-working alpha version of the news platform with the implemented news aggregator: the news feed is processed from 200 countries and more than 2500 media. For the time being, the alpha version of the platform processes more than 60 thousand news in many languages daily. The beta version was launched on March 1, 2018. The media base to monitor the platform was expanded, and the possibility of verifying news (removal, editing) was added.

The main competitive advantage of TheWorldNews platform is the algorithmization of the determining the reliability of news process with the help of neural networks, that will handle a huge news feed and eliminate errors of the human factor. A big difference from traditional news aggregators will be the creation of an ecosystem for the interaction of editors, publishers, photographers, journalists, administrators of news resources, and advertisers.

The urgency of the problem of spreading fake news, as well as multilinguality of the platform, are likely to attract plenty of international Internet traffic. These factors will contribute to the growth of demand for platform services, and, accordingly, to its TWN token.

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/TheWorldNews_ER_eng.pdf

[choojoy]

Experts of the first professional rating agency for the evaluation of digital assets DigRate selected the most interesting projects that launch ICO this week. https://medium.com/@digitalratings/announcement-of-ico-projects-that-start-from-05-03-to-11-03-2018-8237113adaeb

[choojoy]

The first professional rating agency for the evaluation of digital assets DigRate has assigned a Quality Rate Medium with average score of 5.1/7.0 to BitGuild project.

The goal of BitGuild's founders is to create a decentralized gaming platform based on blockchain. The project team seeks to solve detrimental problems of the current video game industry for players and development companies. Market problems include: poor service conditions, expensive microtransactions, frequent phishing attacks, fraud and carding, the dominant monopoly position of large gaming companies, the inability to manage game assets outside one particular game. Developers plan to create a complex of services within the platform, with the help of which the companies-developers will be able to raise funds for their games, independent designers and programmers will be able to participate in the development of a certain part of the game or the design of the game subject, and players will be able to trade game assets and transfer them from one game to another.

The founder of the project has a successful experience confirmed by a functioning business. Reality Squared Games (R2Games) is a developer and publisher of browser and mobile games.

The project team reviewed several centralized online games within the competitive landscape analysis (World of Warcraft, League of Legends, Counter Strike), the main disadvantages of them are the overestimated value of game items, as well the fact that game users do not really own the game assets and at any time they can lose them in case of server failure or withdrawal from the game.

BitGuild plans to unite several services within a single platform, that is unique among other gaming blockchain projects, such as VRT World, the Abyss, Play2Live, Nitro, Playkey, etc.

BitGuild's founders plan to realize the opportunity for players to transfer game assets from one game to another (for example, when losing interest to the game) within the platform, that is a unique offer in the market, but it is difficult to implement such solution for games of different developers.

The team’s ambitious goal to develop a platform with the best games and create the largest community of independent game developers, designers, and players, can be achieved due to the high professionalism of the team, the development of the services complex for the various games players that is not offered by key market companies, as well as the implementation of user ownership rights to gaming assets and the possibility of their transferring to other games. Implementation of these plans will be possible if the project team will be able to establish close cooperation and integrate with the major game developers and decentralized gaming platforms, for example with Nitro, the Abyss, Playkey.

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/Bitguild_ER_eng.pdf

[choojoy]

The first professional digital rating agency DigRate has assigned 5.8 points out of 7.0 to the Thrive Labs project.

Thrive Labs is developing a data management platform (DMP) with great potential in advertising marketing. The Thrive ecosystem will allow advertisers and content creators to interact directly without intermediaries. The goal of the project is to create a decentralized platform based on activities transparency, taking into account the reputation when paying bonuses. The blockchain technology will ensure full transparency, reliability, and security of cooperation, and a smart contract guarantees fast and timely payment to the advertising market participants.

Creators of Thrive Labs are the founders of Weboom LTD, which is one of the four largest Italian companies in the digital advertising industry.

The project team has conducted a detailed analysis of the digital advertising market and the competitive landscape. Successful companies such as Google Doubleclick and AppNexus have been operating on the global market for a long time.
The most perspective competitors that have conducted or are going to conduct crowdsale are AdEx, Ad Shares, Basic Attention Token, Papyrus, and Bitclave. For example, the Bitclave project (A1 investment attractiveness score) raised $ 25.5 million during the ICO, and now the CAT token is trading on exchanges with three times higher price.


With blockchain Thrive Labs plans to eliminate the following competitors’ shortcomings: low transaction speed, high commission fees, and insufficiently high data storage capacities. In addition, as project has its own services to collect information without intermediaries, the cost of premium advertising within the Thrive Labs is 4.5 - 7 times lower than competitors. There are the highest transparency and data security and protection of the advertiser's brand from an unfavorable information environment among other advantages of the project.

Another difference of the project from competitors' projects will be a system for assessing the quality of creators' websites content, where reviewers will be rewarded for their work, and creators of ineffective content will eventually leave the ecosystem.



The project team has a demo of the Thrive DMP platform with limited functionality. The developers claim that launch and testing of the alpha version of the platform are planned for the second quarter of 2018.



In general, the project has opportunities for rapid scaling and occupying a niche in the premium digital advertising market by minimizing the cost of advertising and improving its effectiveness.

More information about the strengths and weaknesses of the project can be found in our review.
https://digrate.com/uploads/investment_overview/Thrive_ER_eng.pdf

[choojoy]

Meet our encyclopedia: simplifying complex ideas. Here we will post topical materials on the cryptocurrencies and blockchain technology trying to describe everything in plain language. Today's topic: what are cryptocurrency and blockchain. https://digrate.com/en/wiki/knowledge-base/What-are-cryptocurrency-and-blockchain/