Bytus

Even though KYC does not guarantee ICO success nor is a call for investment, the process verifies the key members of the founding team as a first key test.

Please contact Sum & Substance promptly since your ICO starts in 102 days!

Willing to revise this rating if the team responds.

All the best!

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Altug Tatlisu
ICO team member replied on 29 Jan 2019
I verified myself as a founder of bytus project.
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Dear Altug

Please go to the right side under Bookmark to complete your ICO KYC Report.

All the best!

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Altug Tatlisu
ICO team member replied on 24 Feb 2019
Dear Clemen

would be great if you revise our rating.

All the best !
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Dear Altug

Congrats for passing the KYC!

1. Minimum investment is US$10,000. This amount seems to be too high for your supporters to take part?

2. Advisors are missing in your team. You might need experienced advisors to help you navigate through this ICO process?

3. "The system replaces Visa and Mastercard payment systems, adding cryptocurrencies."
This value proposition is not entirely clear to me. Perhaps a rewording will help with articulation?

All the best!

This is much needed and the size of the market for this type of service is likely to explode over the next 24 months. Great product, great vision and lots of potential for growth.

Team: I would like to rate Nicolas is a great manager so as i have deeper research about about the project team is fantastic and passionate.

Vision: Vision is great just because of the team. Because if team is passionate so they are stronger toward deep vision too.

Product: Product is missing but i believe that they will create a great platform in a future.

Bytus, Payment by Cryptocurrency with Instant Conversion into Fiat

This seems to be what cryptocurrency wold need, with a clear and simple vision

Team has required skill to conduct a blockchain project.

We wait for some partnership to update product rank.

Good luck!

Vision:
It is difficult to say whether or not this idea has a potential for success.

On their website it says $1,75M has already been raised. So over half of the softcap goal has already been reached.

Team:
A sturdy looking team with good advisors.
A description on what each team member does would be helpful.
KYC passed.

Product:
The basis of this idea is a payment token which depends heavily on partners but I see no mention of any on website or wp.

No MVP or product as of yet, that I can see.
Their Github only has a forked repository

I will change my rating when team provides their promised alpha app.

After further investigation I have decided to update my rating. And if a product is provided, I will change my rating again

Vision of product is an excellent stop gap measure for the general mass adoption of crytpo through retailer acceptance and issues associated with fiat conversion. Once adoption takes hold in the longer term future, conversion to fiat may be unwanted or unnecessary and at that point this product will decrease in usage and value. But until that time comes, this product is excellent. Team is India based and seems to lack diversity and global reach in order to penetrate global markets for mass acceptance. Good development but somewhat lacking in marketing (go to market strategy). Cannot evaluate product (whitepaper download unavailable) - until then I have standardized product score to 3 - which can increase with WP download.