CrowdForce (PreICO)

"Soft cap15,000,000 USD
Hard cap15,000,000 USD"

This is a serious flag. Please explain clearly so that we may review your rating again. Thank you.

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Oluwatomi Ayorinde
5:31 PM
Hi Clemen, Thanks for flagging the hard cap and soft cap being the same on our project on ico bench. It was a mistake. I had my team correct it. Can i get you to review the project again. I am happy to answer any questions you may have.

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Either it got updated wrongly or theres some serious red flag as pointed out by clement. Really advise people to look deeper before investing.

Soft cap: 15,000,000 USD
Hard cap: 15,000,000 USD

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Updated, improve the scores from 2,2,2 to 3,3,3 because they updated more info and also on hardcap softcap.

Good business team and advisor. They need strong devs.
Whitepaper needs to be impvoed. I can find only brief about the concept - couldn't see much about finance/business analysis or technical architecture etc!
Would like to see more Medium activity.
No activity on Github.
MVP looks very simple off-blockchain Android app.
Hard to see any ROI for investors!

The hard cap and soft cap for this project is the same which makes me wonder about the competence of its team. They can certainly use more developers I think and start posting on Github. MVP is very basic and business model is not explained in the WP. Will be a tough sell to investors.

Founder has a very strong background. I like the concept and the vision.

Its a very ambitious project and will take a lot of work to get this underway. From an investment perspective its risky, but will be socially rewarding if they succeed.

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

The team seems well qualified and definitely up to the task. They will need more developers though. The team needs to rework the whitepaper to include the business aspects of the project as this is key to bring investors on board. One thing that needs to be clarified that why the hard cap and soft cap limits are the same.

Its not visible what kind of advisor the people are. The concept isnt new and they will have a lot of competitors. The positive thing is that CrowdForce has partnerships with different investor companies, but that wont give value to the coin lonely. It needs to build a huge community which will use the coin, otherwise it will be pumped and than dumped. I like the idea that they want provide service to unbanked people, but like i said, it exists already a lot of such platforms. The homepage is not informative and when I press to Google Store it opens an App called PayForce and not CrowdForce?

CrowdForce is a solid and exceptional team with great ideas, and a strong vision to properly execute these ideas. The project looks promising for me, and it aims to provide digital and financial services to the underserved populations. I look forward to seeing it succeed!

The team seems experienced in the industry and has good backing. I am more excited about what they can do with the merchant network in terms of data analysis and digital identities for their consumers. They seem more focused on the fintech part of the business which is equally great but i see more potential in Big Data as they achieve scale.

Looks like a good team with actual experience in the target market. they do a great job of educating the community about the market dynamics in their medium activities. In my openion more projects like this are required to drive adoption , make it easy and accessible for more people to own crypto and exchange it for fiat.

The team have an existing VC-backed business and a proven business model generating revenue already, I will definately like to see more projects like this tackling emerging markets which is where Blockchain is needed the most in my opnion.