Token Sale and ICO Review
Haven reviewed the SyncFab project; I also gave an example of a use case as applied to real life scenario. Next up is the ICO phase.
The best blockchain projects with huge success in terms of ROI, implementation and meeting set goals all have some things in common: A good project that is needed, an experienced team, a Roadmap and clear vision for the future and finally good token economics
The Project:
Analyzing the project in the earlier parts of this series has shown that SyncFab is actually a project that relates directly with real life situations and offers innovative solutions to hardware manufacturing problems that almost all the parties involved face at one point or another.
So this project is a go for me with the beta version already available I think this is a great project in all sense.
The Team:
The Syncfab team oozes of experience as it consists of members with a Successful track record in their respective fields. The team consists of 7 members whom are comprised of blockchain developers and business gurus.
The CEO is Jeremy Goodwin. Jeremy is an experience professional served as the Executive President and CFO of China Advanced Construction Materials Company and he lead it to peak performance of 2,000 employees and NASDAQ IPO.
This comes with a lot of experience in how manufacturing process works and how it can be improved upon. His professional history along with that of the rest of the team is available on the Databroker DAO website https://blockchain.syncfab.com/ with their LinkedIn profiles.
The team is a solid one and I have no doubt they are more than capable of achieving the set goals for the project and in due time considering they already have a working prototype
The Roadmap:
As I have stated above that there is a prototype ready, while inspecting the roadmap I discovered the company was created in 2017 and work started on developing the manufacturing Blockchain.
The token sale is on and with the token acceptance and integration of both the off-chain and on-chain data is will be in Q4 2019.
A working prototype shows that this is not just a project giving empty promises but a genuine project ready to deliver the product and this team has worked hard to build a working platform and i am confident they will deliver the set milestones in due time.
The Token Sale/ICO Structure:
The token sale ends march 15th 2018 and all unsold MFG tokens allocated to the public market supply will be destroyed after the distribution event tokens are going to be purchased using ethereum
Token Name: Smart Manufacturing Token
Token Symbol: MFG
Total Supply: 1,000,000,000 MFG
Allocated market (public) supply: 300,000,000 MFG (30%)
Pre-Sale Start Date: November 15, 2017
Pre-Sale will conclude when allocation is deemed exhausted or on February 15, 2018.
Main Public Sale Date: February 15, 2018
1 ETH = 5,000 MFG
Join the conversation on the Telegram community https://t.me/syncfab And the ANN thread https://bitcointalk.org/index.php?topic=2286102.0 then for more information visit the Syncfab official website https://blockchain.syncfab.com/
Disclaimer:
I am not a business advisor and this piece is not meant to be an investment advice. This is my personal opinion about a project I have researched and analyzed. I recommend that you “DYOR” do your own research, join their Telegram community, read the Official Whitepaper and consult your legal adviser before investing in any ICO as they all carry a level of risk. I shall not be deemed liable for any profit or loss on funds invested in this project. Thank you.
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1556229