IndaHash ICO rating
Business (18 out of 20 points)
The blockchain technology is applied to already existing business. Basically, token will be used as an internal payment currency and as the opportunity to create own internal coins.
Product (5 out of 5 points)
Currently, indaHash is the largest, international influencer marketing platform and operates in more than 70 countries and connecting more than 300 000 influencers for now. It grew by 295% regarding sales and by 352% in number of influencers (comparison of 1Q-3Q 2016 versus 1Q-3Q 2017).
White Paper (6 out of 6 points)
White paper is available only in English. The documentation is well-formed, logically structured and describes many matters in details.
Roadmap (9 out of 10 points)
The project road map shows the period until end of 2018. Integration indaHash coins into indaHash app is scheduled for March 2018. The plan look like realistic.
It is very good that there is a separate article in the roadmap related to user’s training. Many projects pass up training, despite the fact that this is an important stage in project implementation with a large number of users.
Legal (4 out of 5 points)
IDH Media Limited
22 Northumberland Road Ballsbridge, Dublin
Team (17 out of 20 points)
More than 130 person team. In general, the team has a good portfolio in the core business areas, and some of the founders have been working with each other for years. This, of course, is a significant advantage over many blockchain projects. Most of them are easy to find on LinkedIn.
ICO terms (3 out of 5 points)
Nov 29, 2017 – Dec 6, 2017 BONUS 20% (1 ETH = 3840 IDH)
Dec 6, 2017 – Dec 13, 2017 BONUS 10% (1 ETH = 3520 IDH)
Dec 13, 2017 – Dec 20, 2017 BONUS 0% (1 ETH = 3200 IDH)
Hard cap is 320 million (80%) indaHash Coins
The minimum participation amount is 0.5 ETH and the maximum is 300 ETH.
Token symbol: IDH
Token applying (4 out of 5 points)
Zero tokens will be distributed to the indaHash team, instead, indaHash team will be implementing a “buyback” program. This will highly reduce the probability of a day one exchange dump that happens to most new tokens that hit the market.
When the influencer receives indaHash Coin, he has the possibility to exchange it for brand’s products and receive discounts when shopping, along with early access to novelties. Influencers can also create their own tokens and use them to increase their audience engagement by use of rewards and gamification.
ICO Promotion (10 out of 20 points)
Promotion of the ICO occurs with the help of a bounty program.
Tasks for obtaining rewards are standard. In addition to the standard bounty promotion, a large number of articles and video about indaHash ICO can be found on the network.
The project team very active interact with the community.