ICO Project EcoStart (TER)
Tokensale Start: 01/07/2019
Tokensale Finish: 31/07/2019
EcoStart is a decentralized platform that will provide financial support for environmental and environmental projects. Users will be able to store and exchange cryptocurrency assets on the platform. The use of Blockchain technology will ensure the transparency of the process of collecting investments in projects and their spending. The platform will be able to process about 100,000 transactions per second.
Business Model Overview EcoStart (TER)
1. The validity of income
The project will profit from commission fees for users conducting transactions on the platform. Also, part of the commission fees will be sent to the environmental fund for the subsequent financing of environmental projects. Funds for user fees will be generated from commissions that users pay when committing transactions in various applications hosted on the platform.
2. Number of currencies accepted
The project accepts such liquid currencies as: BTC, ETH, LTC, USD.
3. Token emission
In the project there is a limited number of tokens. During the ICO period, 130,000,000 TER tokens will be available.
4. Discount on the purchase of tokens
Discount on the purchase of tokens is 30%. There is also an additional discount of 10% for investors purchasing TER tokens worth more than 500 ETH (p. 43 White Paper).
The project’s project plan indicates its goals by the end of 2019 (p. 44 White Paper). After the completion of the tokenail, the project authors will distribute the funds as follows: 45% - “Marketing and advertising services”, 30% - “Software development”, 5% - “Insurance fund”, 15% - “Operating expenses”, 5% - “ Legal services".
6. SOFT CAP / HARD CAP Ratio
The project has a bad SOFT CAP / HARD CAP ratio, which negatively affects its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 500,000 and $ 11,300,000, respectively.
7. MVP availability
The project has developed MVP.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token-holders.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD