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Cardium
Tokenize Your Everyday Activity
The epidemic of excess weight and obesity is gaining momentum every year, especially in developed countries. Unfortunately, this is not another story to drive people into the gym, but a very real threat. According to scientists, by the year 2025 a fifth of the world's population will be affected by this disease. Lack of motivation, societal shaming and its harmful impact all have a very strong impact on people following an unhealthy life plan. Cardium offers its own motivation for one to always be rewarded for any athletic activity - from the highest intensity to the even the modest exercise.
The epidemic of excess weight and obesity is gaining momentum every year, especially in developed countries. Unfortunately, this is not another story to drive people into the gym, but a very real threat. According to scientists, by the year 2025 a fifth of the world's population will be affected by this disease. Lack of motivation, societal shaming and its harmful impact all have a very strong impact on people following an unhealthy life plan. Cardium offers its own motivation for one to always be rewarded for any athletic activity - from the highest intensity to the even the modest exercise.
In addition to main goals such as social security and public health, our project solves one of the problems of crypto industry - popularization of cryptocurrencies. None of the projects presented before could equally distribute cryptocurrency to the world population. Thus, rich people are getting richer, huge mining farms are created, but common people do not get anything from this. Cryptocurrencies were intended for the masses, yet, the current distribution model prevents wide usage across all socio-economic groups. Until this problem is solved, cryptocurrencies will remain in the shadow, being a privilege of a certain class of people.
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant Rated on Apr 6, 2018
3
3
3
23%
Great concept and I wish your team the best of luck on this!
Obesity is a huge problem to glad to see someone trying something new to solve the issue
I think you need to revisit the token economics here. Why is there a need for $30 million as hard cap? Token price of 0.25USD is rich in this bear market compared to other, more highly sought after blockchain projects. The probability of this token maintaining its ICO value of 0.25 USD post ICO is going to be very difficult. If the token has little to no value, then essentially the project will die and it will become another drop in the bucket of failed blockchain projects.
I don't think you need 5 million soft cap or 30 million hard cap for this type of Dapp, for that reason my rating is low as i don't see this as a sustainable project in the current market.
Roman ChistyakovICO team member replied on 6 Apr 2018
Thank you very much for your evaluation of our idea, appreciate!
Do not agree with your assessment regarding the financial part. Developing of applications, server parts, manufacturing & logistics of fitness trackers and, finally, marketing, it all costs money and is not small.
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