Mountable is a project that provides users with a monitoring and communication system in remote areas of the planet. Users will be able to travel in mountain areas, receive information online about changing weather conditions, as well as get help from experts using an emergency call. In the mobile application, users will be able to rent a travel kit, chat with other travelers and get access to geographic maps.
Business Model Overview Mountable (MNT)
1. The validity of income
The revenue of the project is based on profits from the sale of developed products and the provision of services to platform users. Users will be able to purchase the device Tracker, to support constant communication in case of emergency. To determine the weather conditions and track their own location and locations of friends, users are provided with a system - Mountable. Also, users will be provided with additional services - hosted in a mobile application.
2. Number of currencies accepted
The number of accepted currencies is represented by 3 liquid currencies: BTC, ETH, LTC.
3. Token emission
In the project there is a limited number of tokens. During the ICO period, 75% of issued tokens will be available (p. 15 White Paper).
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 100% (p. 15 White Paper).
In the flow chart provided, the project objectives are indicated until 2020 (p. 11 White Paper). Distribution of funds collected during the ICO, will be as follows: 35% - "Production", 25% - "Research and business development", 20% - "Marketing", 10% - "Relations with the public", 10% - "Software Development".
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 $ 54,600 and $ 382,200, respectively.
7. MVP availability
The project has developed MVP, which is available at https://mountable.id/produk.
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.