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Enkidu is a decentralised collaboration platform that allows engineers, designers, creators anyone really from all over the world to come together to build and sell products online.
It will also include payment gateway so any individual can not only find collaborators on the platform, but also engage in seamless small business building, with minimal legal and accounting overhead.
The aim is to allow people to team up, split payments and run the proceedings of a monetizable project, without requiring a company entity.
Tokens:
Enkidu is esentially the currency used on the platform so people will use it as transfer of value.
Ekidu takes a fixed 0.5% transaction fee for every transaction on the platform. This 0.5% fee is split into two equal parts.:
The first half goes to the Enkidu team, for business operations.
The second half is burnt from existence, thereby appreciating the value of the token as more transactions take place on the platform. As the platform scales, so does the value of the token.
Verdict:
The idea is interesting and I see it taking off if the development is lead correctly. A lot of that is dependable on the team which does seem solid and wroking on few different projects.
In terms of the token economics for the ICO they aren't quite average but the predicted mcap is not too bad - keep in mind that we are in the bear market however.
Verdict: 6.8/10
Hype factor: low
Short term investment score: 6.5/10
While in the bull market this would be a very promising proposition due to market cap being reasonable we do need to keep in mind that the market is not doing so well so this is something to consider as well.
Long term investment score: 7.1/10
The team is solid and idea great but they will need to ensure they can increase the platform popularity by doing effective marketing. If that happens the value of tokens should go up due to the fact that tokens are burned when transactions are conducted.
ICO website: https://enkidu.io
Company website: http://www.avalonlabs.co/
Whitepaper: https://enkidu.io/enkidu_whitepaper.pdf
Medium: https://medium.com/enkidu-io
Twitter: https://twitter.com/Enkidu_io
Telegram: https://t.me/enkiduofficial
Facebook: https://www.facebook.com/Enkidu.io/
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