"The Insights Network is a secure infrastructure for decentralised data exchange, which has a number of different applications. In the beginning we will focus on surveys, but it will also be the foundation for other applications, such as royalty schemes, advertisements, and loyalty schemes. The Insights Network is a platform that facilitates transactions between two distinct groups: requesters and providers. Requesters need information from providers and are willing to pay to get it. This dynamic is known as a two-sided marketplace." (Whitepaper)
Main Positives
Besides integrating their architecture onto the Blockchain, Insights Network will also utilise protocols that perform Secure Multiparty Computation. This adds extra security for their database exchange platform. This is a unique feature.
EOS team is working together with this project. Since there aren't many ICOs running on EOS (unlike Ethereum) there is a high chance that the interpersonal relation between EOS and this ICO will be strong.
The roadmap has releases every quarter, hence the token price should rise if the team meets their promises.
Main Negatives
They don't have an MVP available. Only projected to be released in Q2.
The allocation of funds raised is loosely explained. It would be much better and promising to see what they plan to use the funds for within each allocated sector - marketing (what type of marketing), development, operations (which operations?).
Building on a Blockchain that’s not even fully developed yet (EOS). Personally I the EOS team coming through with their promises, however there is also that extra added risk that they won't be able to develop or competition will come in an do things better. In a nutshell if EOS won't be reliable then
Insights Network will have difficulties keeping their platform running properly.
Team Highlights
Darwin Lo (CTO) - Extensive technical background. He has worked for more than 3 years at Hawlett Packard.
David Gobaud (Advisor) - Co-founder of Mobius Network. He has experience in blockchain and how ICOs are commenced. Studied at Stanford & Harvard.
The Wrap Up
Flip: Good | Long-Term: Bad
For further information and more information about this project go to the following:
Isee0s Review Spreadsheet: http://bit.ly/2jpOUHX
Telegram Isee0s Announcement Channel: @IseeOs
Telegram Isee0s Chat Group: @https://t.me/iseeos_reviews
The information provided is not to be construed as financial advice in any shape or form. You are strongly advised to conduct your own research before investing. As an investor, you are solely responsible for your actions. I cannot be held liable for any losses you may make. This information is simply my view and opinion on the subject.