{"id":877,"date":"2018-11-08T18:12:30","date_gmt":"2018-11-08T17:12:30","guid":{"rendered":"http:\/\/blog.satt-token.com\/?p=877"},"modified":"2022-02-25T16:33:54","modified_gmt":"2022-02-25T15:33:54","slug":"our-first-review-on-icobench","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/877","title":{"rendered":"Our first review on Icobench"},"content":{"rendered":"<h6><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-879\" src=\"http:\/\/blog.satt-token.com\/wp-content\/uploads\/2018\/11\/Capture-d\u2019e\u0301cran-2018-11-08-a\u0300-17.51.49-300x46.png\" alt=\"\" width=\"700\" height=\"108\" title=\"\"><\/h6>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_32 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table des mati\u00e8res<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table des mati\u00e8res\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><ul class='ez-toc-list-level-6'><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6'><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6'><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/satt-token.com\/blog\/archives\/877\/#White_paper\" title=\"White paper\">White paper<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/877\/#Team\" title=\"Team\">Team<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/877\/#Tokenomics\" title=\"Tokenomics\">Tokenomics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/877\/#Business_Model\" title=\"Business Model \">Business Model <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/877\/#MVP_DApp_Working_Product\" title=\"MVP\/ DApp\/ Working Product\">MVP\/ DApp\/ Working Product<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/877\/#https_icobenchcomicosattratingsratings\" title=\"https:\/\/icobench.com\/ico\/satt\/ratings#ratings\">https:\/\/icobench.com\/ico\/satt\/ratings#ratings<\/a><\/li><\/ul><\/nav><\/div>\n<h6><span class=\"ez-toc-section\" id=\"White_paper\"><\/span><strong class=\"markup--strong markup--p-strong\">White paper<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p id=\"c869\" class=\"graf graf--p graf-after--figure\">The white paper has outlined the problem plaguing the advertising industry and outlined possible solutions as use cases. The benefits of using blockchain have been well established and also a necessity with their solution. The white paper has a clear goal of tackling the problems in a structured manner but lacks specifics about future business development (core-focus). The white paper almost has all the details for investors to make an informed decision.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Team\"><\/span><strong class=\"markup--strong markup--p-strong\">Team<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>The core team is competent, experienced and diverse along with a small advisory board covering for the ICO and post ICO events.<\/p>\n<h6 id=\"86ee\" class=\"graf graf--p graf-after--p\"><span class=\"ez-toc-section\" id=\"Tokenomics\"><\/span><strong class=\"markup--strong markup--p-strong\">Tokenomics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p class=\"graf graf--p graf-after--p\">The tokenomics is easy to understand including the reasonable use of funds which has been broken down for more clarity. The tokens have vesting periods and also the remaining unsold tokens would be burnt, post-ICO. The only potential red flags are a very high discount to early investors (100% bonus &amp; 50% bonus) with no vesting period. So, as soon as the tokens hit the exchanges early investors can make a killing off the retail investors by selling it cheaper than the price of retail investors purchase price.<\/p>\n<h6 id=\"b1de\" class=\"graf graf--p graf-after--p\"><span class=\"ez-toc-section\" id=\"Business_Model\"><\/span><strong class=\"markup--strong markup--p-strong\">Business Model <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p class=\"graf graf--p graf-after--p\">The business model requires partnerships and collaborations which has been clearly highlighted. They already have a running business with a million users. A big positive for any project. The commissions charged on using the tokens in the environment will the system self-sustainable. But they have failed to highlight any other modes of benefit for investors besides the strong network effect and demand rising the token price high.<\/p>\n<h6 id=\"04af\" class=\"graf graf--p graf-after--p\"><span class=\"ez-toc-section\" id=\"MVP_DApp_Working_Product\"><\/span><strong class=\"markup--strong markup--p-strong\">MVP\/ DApp\/ Working Product<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p class=\"graf graf--p graf-after--p\">They already have a MVP.<\/p>\n<p id=\"6f19\" class=\"graf graf--p graf-after--p\">This project can be considered as a \u201creverse ICO\u201d. They have business and revenue worth 500,000 US$ and plan to expand further using the token sale proceedings. The idea is a great with a capable team and good business but high bonuses in early stage and a lack of advantage for investors (besides waiting for the ecosystem to grow) makes it a project with long-term benefits rather than one with a short-term gain.<\/p>\n<p id=\"013d\" class=\"graf graf--p graf-after--p\">Thank you, Krishnendu Chatterjee, for our first expert review.<\/p>\n<h3 id=\"9ec6\" class=\"graf graf--p graf-after--p graf--trailing\"><span class=\"ez-toc-section\" id=\"https_icobenchcomicosattratingsratings\"><\/span><a class=\"markup--anchor markup--p-anchor\" href=\"https:\/\/icobench.com\/ico\/satt\/ratings#ratings\" target=\"_blank\" rel=\"nofollow noopener\" data-href=\"https:\/\/icobench.com\/ico\/satt\/ratings#ratings\" data->https:\/\/icobench.com\/ico\/satt\/ratings#ratings<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>White paper The white paper has outlined the problem plaguing the advertising industry and outlined possible solutions as use cases. The benefits of using blockchain have been well established and also a necessity with their solution. The white paper has [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-stories"],"_links":{"self":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/comments?post=877"}],"version-history":[{"count":1,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/877\/revisions"}],"predecessor-version":[{"id":11089,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/877\/revisions\/11089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/1094"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}