DAV SWOT Analysis

For this article I will discuss about DAV once again but this time I will be doing a SWOT analysis on DAV project this will enable us to determine the internal and external factors which can mitigate DAV project from achieving its set objective and goals. For the SWOT analysis I will be discussing on the project Strengths and Weaknesses which are the internal factors that might mitigate the project and the external factors are Opportunities and Threats. Let's get started...

Strength

A team built from well Known top brands: One of the greatest strength of this project is the make-up of their team members, the team are people from well know top brands like UPS, NASA, Ethereum, Google ,Ford, IBM, SAP, GM etc. you can check out the team members at https://dav.network/#team
Contributors: DAV's project been an open Source project have over 100 developers and still counting contributing to the development of the project. Check out DAV's GitHub page at https://github.com/DAVFoundation
The DAV Alliance: DAV's alliance is bringing together members of transportation industry under one roof to build an alliance which will enable them to knowledge for better use of blockchain and DAV's protocol. Check out members of DAV's Alliance at https://alliance.dav.network/
Utility Token: As regulation is hitting the crypto currency space and regulators are gunning for security tokens, DAV Tokens serves as a utility tokens and as such it is classified as a utility tokens by the Swiss regulator. Check out the team official announcement
https://twitter.com/DavNetwork/status/1009518862138736641
- DavNetwork

Weaknesses

Less Partnership: DAV's looking to be the leading transportation service provider has only announced one partnership for client seeking to use the platform for their business. Though I believe in the future more partnership will be announced as the platform develops and gain more adoption.

Opportunities

Untapped Decentralized Transport Market: DAV been the first ever decentralized transport service provider has a very huge market to tap as many people will seek to use the platform to join the multibillion industry to offers services at a reduced cost.
Exchange Listing Announced with HitBTC: DAV will be listed on HitBTC one of the top exchanges in the crypto space ten days after the ICO ends and this serves as a big opportunity for more people to adopt the platform because of the liquidity

Threats

Mass Adoption: One of the major threat of the project is the mass adoption, many people still shy away from adopting crypto currency because of the risky involved in the use of crypto currency and this might be a big challenge for the project in the meantime.
Regulation: Regulation is also one of the challenges the project might face because most countries are still playing hide and seek game on crypto currency while some have come out to ban the use of crypto currency, other have adopted it and if more countries should ban the use of crypto currency then it will affect the project adaption and use.

Conclusion

With the above SWOT analysis it is clear that the project Strengths outweighed the Weaknesses and the Opportunities the project presents is far more than the Threats it faces. Therefore I will be concluding on this note that DAV project is a good business venture and in the future I see the project becoming among the top popular brands.

You still have chance to participate in the ongoing token sale visit https://dav.network/token-sale