DatEat

"SEP 2018
Target first 500k users;
Tokens distribution to merchants;
Localization services in 5 countries in Southeast Asia."

Team members are all from Vietnam. However, it is based in Singapore?

Please respond and will review this rating.

Worst explainer video
Team seems to be a from one family! Red Alert!
Whitepaper link not working!
No blockchain concept required!
Don't see any ROI for investors!
Keep money safe!

Hmm...
Well, for example, why is Block Chain and AI necessary?
There are too many opaque elements.
This project seems to be dangerous from all sides.

The concept is very interesting though and very effective. A good team member with a quite innovative product and a great vision.

Suggest to take some good advisors on the team.

Has MVP. All is looking good here for me.

After making false claim in my name over linkedin i am decided to change my rating.

I am sorry to say but this is one of the most worse projects I have seen, and believe me, I have seen enough. Their product, first of all is not unique and secondly, does not justify the need of blockchain. The team in inexperienced and localized.

Their roadmap looks like a joke. Instead of talking about product development, it talks about ICO Rounds and exchange listings.

I would advise to stay away from it.

The website looks good, the whitepaper is very long and documented, however I cannot see any real reason why this project needs to be on blockchain. In the whitepaper they say competition apps, such as Tinder, have hidden fees?!? I's sorry to say it, but this doesn't make much sense to me.

First reviewed on 5 July 2018.

C1. Please elaborate on how your AI engine works.

C2. Your use of blockchain for verification sounds very similar with Viola.AI, please elaborate on the differences and why yours is better than theirs

C3. Your target segment is between 14 to 40, meaning your app allows 40 year old men to date 14 year old girls/teens. There is also a mentioned of Ashley Madison in your whitepaper. Grave concern to parents with 14-15 year old daughters. Please explain your target segment, esp. 14-15 years old teens.

C4. What is the token lockup/vesting period for the team members?

C5: What is your smart contact address?

C6: (a) Is your funding wallet multi-sig? (b) Who own the keys to unlock the funding wallet?

C7: What's your github address?

C8: You did not mention about your competitors. Would like you to do a feature matrix comparing both the similarities and differences of your competitors.

C9: DatEat is operating under which company - would appreciate if you could share with us (a) name of the company, (b) company website, (c) company registration number, (d) date of registration, and (e) country of incorporation.

C10. Who are the directors of C9(a)?

C11. Official Telegram group is: https://t.me/dteglobal with about 1000 members as at 5 July 2018

C12. I may revise my ratings after receiving further responses to the above comments & questions.

One of the worst projects ever seen. I hope it is a scam, because if it is true it is disgusting.
In the whitepaper and on the website is indicated the minimum age of only 14 years... absurd!

Furthermore, Blockchain would not be required to build this platform.

Do not invest, red flag!

Team is big but don't find any international advisors.... Team is very localized....
About vision idea is not new .... there are other dating projects in the market also ....
About mvp yes they have mvp.

after making false claim to my name that I charge 100 ETH without showing proof infront of everyone in linkedin. my advice will be stay away from this project.

Just glanced through the white paper makes me uneasy. The website is a bit broken "Error 404 - Page Not Found" and 14 year old dating... umm nope. I just don't see the purpose of a dating website doing an ICO or need of it. Just never sold me on the idea.