A Blockchain Based Identity Verification/Security System & Payment-Processing Platform Initially Focused On The $26 Billion Dollar Wholesale Alcoholic Beverages Market.
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Rated on Sep 13, 2018
Minor drinking is a social problem that transcends national borders, and it is an issue that we must address.
At the same time Fair Trade is not only a problem remaining only in developing countries but also exists in the composition of consumers - dealers - wholesaler - maker shipper - producer - raw material producer.
It is these problems that this project aims to solve. It is a healthy way to use block chains to encourage young people healthy development, especially to conduct fair dealings to independent producers.
The teams are complete, and the MVP is also in operation.
Rated on Sep 15, 2018
Modified on Oct 5, 2018
White paper - The whitepaper is quite cluttered but with a clear definition of token usage. The white paper has information about all the aspects but lacks specifics, especially about partnerships that has been done or in pipeline.
Team - The core team has only 4 members, with only the CEO having affiliation to the project as mentioned in LI (I hope it's not the case). The advisory members are illustrious but not sure how they can guide such a small team to success. Basically 4 core team members with advisors raising money with a business plan and an MVP, which should be enough but without partnerships the business is doomed. The information on team members is lacking and so doesn’t invoke any confidence as well.
Tokenomics - The tokenomics is pretty straight forward based on usage of tokens for various systems in the alcohol manufacturing and supply chain.
Business Model - The business model is not very clear as specifics are not mentioned. Without a suitable development team and partners in the alcohol industry, the business model is doomed.
MVP/ DApp/ Working Product - They have a MVP in place.
The project is one which has potential but is more likely to fail than succeed due to non-existent partners The have raised soft-cap which would give them the required funds but it's actually difficult to see any progress in the context of business development.
In View of the mentioned comments, I am re-rating this ICO -
"The team is not listed completely, we have a decentralized team with members everywhere, we have an interesting model which is we as advisors, several of us have facilitated our tech, legal and marketing workforce to the project, but they are not listed there. The other point I would argue is when you said the project is likely to fail, well we have sold 35MM tokens and we have several pools coming our way, while the concept is based on a working business through a company called Fuego Fino, founded by the same CEO :) "
Rated on Sep 14, 2018
I can see how this solution can help address the problems they have addressed. Am not sure what the incentive of people to use the token for payments is, besides getting the money quicker. As there will be volatility in the coin value when eventually left to the market. I am unable to test out the MVP from the Aclyd website so I cannot comment on the product.
I am sorry to hear that you had challenges trying to test our MVP which was indeed unresponsive for some hours this week, if you have a few minutes, I would like to invite you to take a look now since it is back to normal http://drip86.com/
Regarding token utility, you have mentioned exactly the greatest value being added, current wait times are unmanageable for many producers and retailers, being able to cash in minutes versus months, makes a huge difference and solves a real market pain!
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ACLYD hardware wallet manufacturing and beta testing
ACLYD marketplace beta release
Android and IOS app release
Third party security audit
Additional stress testing
Smart contract platform beta release
ACLYD platform full release
Third party wallet integration
ACLYD hardware Joint venture release
Annual financial audit