ICO Analysis: ServAdvisor
By Joshua Larson
Proof:
https://hacked.com/ico-analysis-servadvisor/Team
Dr. Dimitri Sidorovitch – Co-Founder and CEO. He was CEO at Nokia, Belarus for 7 years. He also founded Huma Zone, which is a separate ICO in development.
Maxim Kavzunovich – Co-Founder and CTO. He also worked for Nokia, Belarus as Deputy Director for 10 years, and is also co-founder of the above mentioned ICO Huma Zone.
Elena Verbier (CMO), Sergey Grechko (Chief Buss Dev), George McGregor (Bussiness DEv), and five other team members are listed, but their LinkedIn pages are not available.
Advisors
Eli Fathi – A player. He’s CEO at MindBridge, an AI tool augmenting human capacity to uncover errors in financial data with artificial intelligence, with 58 employees. Also founded several other successful projects.
Yunzhu Lin (Frank) – Blockchain investor since 2013.
Kirill Krasnogir – Co-founded GKeyLab, a VR company that has been around for a couple years.
Verdict
“The ServAdvisor Platform will provide retailers and service providers with a new and highly targeted channel to send marketing messages to consumers while they are literally standing at the door. It will also provide retailers/service providers with access to valuable aggregate data about these consumers’ buying habits.”(website)
Using crypto to incentivize service providers and reviewers to do extra work is a big idea that will be difficult to execute. Just getting people to participate enough to get the app off the ground will be a challenge. That being said, this app will have a lot of cool features and is very needed.
Risks
84.5% of the total supply will be available for sale. That’s really high. -1
Most of the team and advisors have no LinkedIn. When I asked their Telegram channel for a different source, I was blocked from their channel. No idea why. I wasn’t rude or anything; I just asked for resumes and got the ban hammer. -2
Github is not active. -1
Plenty of competition. going to be really hard getting people to leave their current app -1
Growth Potential
The token incentivizes customers to leave honest/detailed reviews. That’s something Yelp does not do. +3
ServAdvisor will initially allocate 15,5% of the total pool of ServCoins (the ServAdvisor App Incentive Reserve) to incentivize users and to fuel the growth and performance of the ServAdvisor Platform. ServCoins that are unsold during the Token Sale will also be added to the ServAdvisor App Incentive Reserve. +2
Token price is 65,000 SRV per ETH. That’s less than 1/2 a penny, which is so cheap. +3
Unlike most every Ethereum ICO, these guys have a detailed plan to deal with ETH costs and delays. +2
Their roadmap is extremely ambitious. +1
Disposition
This is the definition of “potential”. And the ICO price is extremely attractive. 6/10
Investment Details
Symbol: SRV
Platform: Ethereum
Total Supply: 2 billion
Available for sale: 1.69 billion (84.5%)
Presale: Sept 10, 2018 (30% bonus)
Crowdsale: Nov 12, 2018 – Dec 12
Price: 1 ETH = 50,000 (before bonus)
Hardcap: 30,000 ETH ($9 mill-ish)
