ETHERISC ICO REVIEW & RATING

SYNOPSIS

Etherisc is developing a series of insurance platforms and protocols that will work with a combination of decentralized insurance applications. The goal of the project is to use blockchain technology to ensure greater transparency around the entire insurance process, as well as to make insurance contract and related transactions more efficient and cost effective. Etherisc will work with existing insurance providers to achieve its ambitions rather than providing services to customers directly.

Rating : Average

TEAM & ADVISOR

• Etherisc has a large global team of 20+ people who combines significant experience in areas relevant to insurance, risk management, rules and finance. In particular, the team also has significant IT and Blockchain experiences that will prove necessary to help them achieve their ambitious roadmap.
• Etherisc has a team of 6 consultants that combines different but relevant experiences in the field of insurance, risk management, regulation and blockchain. The most notable among the advisors is William Mogayer, former board consultant at the Ethereum Foundation.

Grade: Above Average

COMPETITOR

Etherisc will face competing in the decentralized insurance space with several projects already organizing its ICO in 2018: Insurepall and PolicyPal. Although not directly comparable in the case of future business models (The policy aims primarily to insure the unaffiliated, for example, these projects mean that at least some potentially fighting for market share There are several other insurance projects that will be launched in 2018, which include Aggong and Vernam, which make the playing field more complicated.

Rating: Good

MVP

In October 2016, Etherisc released its first working prototype, which went around the flight delay insurance. It was displayed in Devakon 2 in Shanghai and in Deccan 3 in Cancun with insurance partner. Effectively, the team says that at least 20 additional products are being made on their platforms and protocols. Many of these are available for review and testing: i) Crop Insurance; And ii) storm guard. And relevant to cryptronranean enthusiasts: The team is working on cold storage insurance for crypto properties. It would be necessary for traditional property managers who are still reluctant to include cryptocurrency properties in their portfolio.

Rating: Good

ROADMAP

2018 Q3 and Q4: The first set of final products has been released, including storm insurance, cryptocurrency wallet insurance, and payment channel insurance.
201 9 Q1 and Q2: Integration with data marketplace providers
201 9 Q3 and Q4: Reward Mechanism, and Integration with Identity Providers

Rating: Average

TOKEN MATRIX

Ticker: DIP
Total supply: 1 billion
% Token Sold: 30%
Soft Cap: na
Hard Hat: $ 30m
25% is the maximum bonus that comes with the warning that the token should be locked for 1 year.
I do not imagine these metrics.

• $ 30m is particularly high for the cap for an insurance protocol (other 18-20 meters, such as insurers and policyholders are asked).
  Only 30% of tokens are being sold.
  -25% Bonus is too small to lock for a full year

Rating: Poor

PUBLICITY

As this post,
Telegram: 2428
Twitter: 3376
The project has not been promoted and possibly due to this project, there are no big ticket team members or big name advisors (actually, not a bad thing, and there is no impact on the project's longevity or its ability to meet roadmap Should be, but slipping the effect most likely it).

Rating: Poor

CONCLUSION

Overall Rating: Average
Flipping: Neutral
Long term holding: Neutral

Join me:
TELEGRAM https://t.me/joinchat/GBKBMRKgQslw9zJiP5SrPA
YOUTUBE https://www.youtube.com/channel/UCpKBv7oQf1debJOMSccDheA