ICO Analysis: PointiumPublished on April 30, 2018
By noahsayres
TokenTo recap, the point of Pointium is:
For consumers:
Manage Your Points Easily
Pointium Wallet allows you to manage and integrate numerous partners’ points at once.
Get Promotions Quickly
Promotion Feed is the quickest way to check out.
The special promotion of interested companies.
Use Points in Various Ways
Users can exchange their points for Pointium tokens (PNT), or use their points in the Pointium Shop
For Businesses:
Reaching More Customers
Pointium’s partners can easily sell and market products to Pointium users.
Enhance Rewards Program’s Performance
Reduction of business costs and increased access to liquid capital
Pointium Wallet also provides businesses with an easy marketing opportunity through both the Promotion Feed and the Pointium Shop.
If utilized intelligently, the businesses could deliver their promotions and sell their products/services to all of the users with a Pointium Wallet.
The token distribution is as follows:
ICO: 50%
Team and Experts: 15%
Reserve: 15%
Foundation: 10%
Seeding Businesses: 10%
Use of proceeds is as follows:
Core Development: 60%
Operation & Admin: 20 %
Marketing & Sales: 15%
Legal & Accounting : 5%
TeamSimply put, the Pointium team is great. Pointium’s CEO has been a project manager at Dell & IBM for the past 13 years. Their COO was a decorated business operations manager at Bank of America who then worked for Amex as a business development head. Their CTO is a veteran software developer who over 10 years of work experience at both IBM and HP.
They also have some phenomenal advisers, including the director of marketing and sales at American Airlines and the executive director of the strategic planning team at Huawei.
VerdictI want to love this project. I still like it. But it’s just shy of a slam dunk in my view.
Risks The decentralized approach of the Pointium team towards onboarding partner businesses seems like a pointless shot in the foot of their own growth.
The blessing and curse of their business model are that it is entirely dependent on a network effect. Therefore, the intelligent thing to do would be to attempt to maximize the number of network participants by any means necessary. -4.5
There are many blockchain solutions to rewards points management attempting similar solutions, which limits the degree to which any of them can truly solve the issue of there being no universal rewards points exchange sans a monopoly. -2.5
Growth Potential The token economics of the Pointium model is beautiful in its simplicity. The entire concept is to simply make existing rewards points an additional medium of exchange.
If they have a lot of partner businesses sign up, this could be game-changing. The existing connections of the team gives me hope that this could be a realistic future for Pointium. +6
The high token supply makes a pump and dump scheme unlikely. +2.5
A truly great team. +4
DispositionWe arrive a final score of 5.5 out of 10 for Pointium.
Although everything about the economics of their solution makes perfect sense to me, and the team looks great on paper, Pointium as a whole has not convinced me why their platform will become the overall winner in this space.
If you can stomach the uncertainty, this could be an interesting ICO token to hold, although the high token supply means that this would make astronomical gains unlikely regardless
Proof:
https://hacked.com/pointium-ico-review/
