ICO Analysis: Emotiq
Published on August 9, 2018
By Daniel Won
Proof:
https://hacked.com/ico-analysis-emotiq/ Team Emotiq is led by CEO Joel Reymont, who has 25 years of experience in technology and management. For example, he was Director of Prime Brokerage Technology at Deutsche Bank and CTO of Aeternity, another popular blockchain project.
Ann Soederblom, VP of Marketing – Soederblom has worked as a project manager for multinational companies like Citigroup and Holcim (8th largest Swiss company by revenue) and also runs her own marketing agency.
Vladimir Lebedev, VP of Engineering – Lebedev has an impressive background, having served as CTO of the Russian stock exchange, executive at VEON (telecoms company with more than 200m subscribers), executive at Mail.Ru group (biggest Russian Internet media company), and executive at Sberbank (biggest Eastern European bank).
Verdict
Below is a breakdown of the risks and growth potential of Emotiq.
Risks Bold claims (1m transactions per second and so on) but no mainnet (launch “expected” end of Q4 2018) or even testnet yet (-0.5)
Some tokens released after mainnet launch – what if there are problems with launch? Has happened before (-0.5)
Lacking in hype thus far (-0.5)
Growth Potential Decently experienced team (+4)
Based in “Crypto Valley” (Zug, Switzerland) – favorable regulatory environment and good ecosystem to be a part of (similar to how being a tech company in Silicon Valley means proximity to leading members of the tech community) (+3)
Disposition Though Emotiq’s ambitions are bold and they have a strong team and favorable working environment (Crypto Valley), their ambitions are as of yet unsubstantiated and hype regarding the project is – to date – lackluster.
Emotiq receives a
6.5/10. Investment Details
Type: Native – Utility
Symbol: EMTQ
Platform: Native
Crowdsale: Private sale ongoing
Minimum Investment: $100k
Price: Contact
sales@emotiq.ch for more info
Hard Cap: $39m
Payments Accepted: ETH
Restricted from Participating: Iran, Sudan, Libya, Syria, North Korea and the rest of the countries on the US sanction list are restricted from participating. Accredited investors from the US are allowed to participate.
