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Ratings DionCoin

Hybrid Decentralized Blockchain Reward System

DionCoin has been proposed and demonstrated as a cryptocurrency in order to increase the liquidity of real utilization of cryptocurrency. In order to achieve this purpose, DionCoin has been introduced a combination concept between real economic model and cryptocurrency ecosystems. By using this concept, DionCoin is used for the existing point systems which are mileage and online game points. Dionpay team, which developed DionCoin, has created a novel combination ecosystem between the existing mileage marketing strategies and the cryptocurrency exchange market (Patent application number 10-2019-0003350 (METHOD FOR PROVIDING MILEAGE USING CRYPTOCURRENCY). The liquidity of the real DionCoin utilization can be automatically generated by mileage distribution enterprise and customers using mileages in the developed ecosystem. Dionpay company have made an investment of about 28 million USD, from EXTIME which is Japanese mileage distribution company. In terms of traditional marketing strategy, DionCoin can prevent not only the mileages extinction of users but also debts caused by mileage accounting of enterprises, respectively. In terms of blockchain industries, DionCoin can share users of mileage as users of blockchain. Therefore, DionCoin can be considered as the first cryptocurrency mileage based on the blockchain. DionCoin is going to be connected with a hybrid crypto game portal platform playDion, which provides a variety of games. Unlike, other online games, users not only can keep safe their assets by holding DionCoin but also can create profits though playing games and, supporting players and developers. The proposed portal platform is operated by using centralized systems, but game points, which is DionCoin, is managed by decentralized systems. DionCoin wallet will be connected to playDion in order to transfer DionCoin among users on the proposed portal. Dionpay will develop and distribute games. Developers can also submit to their games on the proposed portal and they will earn DionCoin from the proposed portal like google store and app store with less fee of using portal. Meanwhile, in terms of technology, the developed DionCoin uses EOS main net, which provides the fastest TPS (TPS record: about 4800), zero transaction fee and the highest program language compatibility. Dionpay team have developed own web wallet for DionCoin with KYC process.

4.6
5 4 expert ratings
Benchy 4.1
KYC
Experts
5.0
5.0
5.0
Review: coming soon PRO

Ended
Token
DION
Type
Price in preICO
1 DION = 0.004 USD
Price in ICO
0.0045 USD
Country
Whitelist/KYC
KYC & Whitelist
preICO start
10th Aug 2019
preICO end
15th Sep 2019
ICO start
15th Oct 2019
ICO end
15th Nov 2019
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Melissa Blau
iGaming Consultant bridging interests between US and Europe
Rated on Oct 10, 2019
5
5
5
14%

*MVPs are published on play store
*Clearly written White Paper. The token economics looks solid
*MVP1: Doinpay point system application prototype publish on play store
*MVP2: DionHunter prototype using augmented reality as an advertisement tool publish on play store


DionCoin has familiar idea but good execution plan.
The most important thing to get their goals is a dedicated and active team and they have got it.
Liked the team; some of them are solid developers and chiefs have domain expertises, experienced people on different areas that complement perfectly a good core team.
It appears to have a strong team and should be able to deliver this successfully.

Summary:
Team 5
Vision 5
Product 5

Agree
-2
-2Disagree
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Cristina Dolan
Co-Founder & COO iXledger | Blockchain | MIT Media Lab
Rated on Oct 8, 2019
Modified on Oct 8, 2019
5
5
5
13%

Business Model - check
Social Media Presence - check
Collaborations & partnerships - check
Blockchain Advantage - check
White Paper - check
Team Composition - check
Token Economics - check
Fund Allocation - check
Legal Loopholes - check
MVP/ DApp/ Working Product  - check

DION advantages - The White paper is clearly written with a macroscopic overview. Worldwide presence. A good capable team to lead the project.

DION disadvantage - excepting the company go-to-market strategy [believe, such strong team will develop that perfectly] it's barely found.

Agree
-3
-3Disagree
Report
Don Tapscott
Blockchain Revolutionair
Rated on Oct 6, 2019
5
5
5
12%

One of the best projects for awhile in here. Decentralized point systems is a good use case for EOS blockchain. They are a very good team as management as well as development departments and a strong advisory base. The tokenomics strategy is respectable, and I appreciate the breakdown of how the tokens will be distributed. I would like to see a bit more detailed breakdown of what the raised funds will be used for. Otherwise this appears to have a really huge potential. Trust it's gonna rock the market, and any case it worth to spend time on project learning!

+1Agree
-1
-2Disagree
Report
William Mougayar
CIO at JM3 Capital
Rated on Oct 10, 2019
5
5
5
12%

DionCoin is looking good project with big market, and is one of interesting project during last months on the market. For that reason, I gave 5 score for vision. As about team, they are looking very strong developers and managers, and big advisors on board. They have an MVP available and it looks good, it is really working products! For that reason I gave such high ratings. In general it will be great to pay close attention to the project. Wish the best of luck!

Agree
-2
-2Disagree
Report
Benchy
ICO analyzer bot
4.1
49%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Baik Seounghan
Passed
Kim Sung Min
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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