Company Basics for Allforcrypto
1.Date company was founded:14/NOV/2018
2.Number of Employees:9
Allforcrypto is an e-commerce
platform connecting cryptocurrency users with products and services that they need. By offering both products and services, Allforcrypto offers a secure shopping experience in the largely untapped market of the global cryptocurrency user segment.
Missing whitepaper? Let us know.
Rated on Mar 7, 2019
Modified on Mar 7, 2019
1. KYC → 3 key members passed ✅
2. Soft cap 2,000,000 USD ✅
Hard cap 21,000,000 USD
3. Milestone #3 → might not be realistic to plan 5 months for fund raising and listing on crypto exchange
4. Advisors → top notch team assembled here to navigate through the challenges in this current market ✅
5. CEO → LinkedIn https://www.linkedin.com/in/william-leen-a5282116b/ profile did not show past experiences. Why?
6. " AllForCrypto brings a blockchain-based solution to the issues that arise in P2P buying and selling goods and services online."
→ Seems very much similar to Escrow.com services if not for accepting payments in cryptos. Is there a use case?
All the best!
Rated on Jan 30, 2019
Modified on Jan 30, 2019
The product is really nice and it's good to see they have a working MVP. Although they have some good team members, I feel they could do with a few more people on board. The vision looks fairly solid.
Rated on Dec 20, 2018
Modified on Dec 21, 2018
The project is trying to challenge the fairly fierce industry. Part of the idea is very unique, but for me it seems that the seller is overwhelmingly disadvantageous system.
Regarding escrow used for the platform, there is no indication of its actual condition and the expenses for escrow are not specified in the financial plan.
I sent a questionnaire to the operation team. The team representative kindly sent me a reply.
According to the representative, the team itself is responsible for escrow. In other words, rather than contracting with escrow, team confidence will do that kind of service.
And I could not find the MVP.
* I found MVP and confirmed its operation. I was able to discover MVP from the bench link. This was my perfect mistake. We expressed our apology here and revised the evaluation of the product.
Rated on Dec 15, 2018
This project plans to build a crypto based alternative to eBay. They already have an MVP in place which looks really good, I just played around with it, so a 5 rating for the product.
Their vision is not quite original, as many have already tried to implement such a platform, however, their mindset is different and they seem to be determined to bring a really good product on the market. Because of their different mindset that seems in place, I am giving them a 5 on vision as well.
As for the team...the project is still in its early stages and have 10 team members. This seems to be the only drawback of the project and I highly recommend you guys to add more team members and advisors to properly develop this project. The good part is that they passed the KYC and 5 out of 10 team members have an ICO Success score on ICO Bench so this is a really good sign. However, because of the reduce team member number, even though they managed to pull out an MVP, I will give a rating of 3.
Overall, this seems a promising project. I wish you all GOOD LUCK!
Rated on Feb 22, 2019
Modified on Feb 22, 2019
I like the concept and see the value in a platform like this. The fact that they already have a live, working MVP is certainly impressive. I also love that they have incorporated an escrow service into the platform.
This will not be an easy fete at all but from what I see so far, I have faith that they will be able to pull it off.
Would really like to see this project take shape as these kind of projects will help to increase user adoption.
Rated on Jan 28, 2019
The team is trying to offer the market an alternative to ebay or amazon. The idea is good and could work because the online shopping market is expanding more and more, but you have to be always at the top, innovative and you need a very experienced team.
The MVP is nice and works well, already offering an overview of the situation to those who wish to try it, so congratulations to the team for making it available already.
On the other hand, after a careful analysis of the team, whitepaper, website and social media, one can easily see the lack of the minimum experience that a project with such ambitions requires.
There are uncertainties starting from the roadmap, which is written in ICO Lauch March-August 2019, but then going on the website, the ICO is already live, in January 2019.
The whitepaper is written very amatorially and even the graphic part is not the best. There are no analyzes and comparisons with the various competitors, Blockchain or Traditional, the price of the token is too high for the current market conditions.
The distribution of tokens does not meet the normal parameters of a Blockchain project with these ambitions, it offers 70% of the total supply to the sale, while only 9% of reserve fund, I hope you guys know how easy it is to remain without tokens.
The most experienced team member is one of the advisors, while for the others, have found it difficult to check the background. Also the number of collaborators tends to be very short, given the work to be developed and the challenges to be faced.
That said, I hope you can improve and get to the top because the idea is good and there is room for everyone on the market, but it is not enough just enthusiasm and a good website.
Rated on Dec 28, 2018
An alternative to eBay built on the blockchain with a working MVP and a solid vision. However, this is not an original project, as I've seen other ICOs similar to it, but the difference will be made by their team.
And speaking of the team, they are planning to become a leading platform in the industry, they have passed the KYC, but their numbers are not enough.
They have 7 individuals listed on their website and 10 on ICOBench. For such a project, you need a solid working team, unless you are planning to outsource services. And in that case, you should mention it somewhere so people can understand. I am sorry, but I cannot provide a better rating for such a small team who aims to launch such an ambitious project. It makes no sense. :)
Rated on Feb 9, 2019
Team is to small at the Moment. I would also like to see some more experienced advisor.
Market is big but there is a hard fight for market shares.
I would like to see a MVP running soon.
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TeamApply as an advisor
Jan Emil Christiansen
Bounty/Social Media Manager
Russian Social Media Manager
Launch of Alpha
Hiring of team and Advisors
Target Market Assessment
Regulatory Research & Scope
White Paper V2 Completed
Back office formation
Internet site V.1 Launched
PR activities initiated
KYC documentation in place
Development Partner Search
Management Operational Plan
Marketing Tactics implementation
System Final Testing
Exchange Listing Initiative
Advertising Campaign of Marketplace
Mobile Application Development
Project Finalization & Corporate Restructuring
Continue Development and operation
Expansion activities in core markets