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Ratings Donocle

Global Lottery by Blockchain

DONOCLE is a global LOTTO project with more than 50 types of coins and tokens as goods. Users can monitor the transfer and flow of goods through the ODF(Open Data Flow) system. There will be JackPot every day/week in DONOCLE. Also DONOCLE has an unique AIRDROP system that is called DONOCLE POS SYSTEM. DONOCLE tokens are deposited in this POS system. The first 15 days from the deposit passes and the tokens are automatically progressed into AIRDROP system. DONOCLE is a token, but we implemented POS Solution to run AIRDROP on DONOCLE. Just holding DONOCLE token in DONOCLE POS System provides regular AIRDROP to the holders and this is how the system works. DONOCLE team believes that our real life and economy will be strongly linked to blockchain industry, and our long experience in online&mobile game industry will make the project trustworthy.

7 6 expert ratings
Benchy 3.9
Review: coming soon PRO
value of tokens sold in ICO
Price in ICO
0.2000 USD
KYC & Whitelist
preICO start
10th Oct 2018
preICO end
30th Jan 2019
ICO start
1st Feb 2019
ICO end
31st Mar 2019
Visit ICO website


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
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Nov 1, 2018
Modified on Nov 5, 2018

Round 1 - 100% Round 2 - 50% Round 3 - 20%

Bonus 100%? Please explain the rationale for this generous bonus?

I will be willing to revise this rating if the team responds.

All the best!

Hwan Baek
ICO team member replied on 5 Nov 2018
Hi Clemen,
Thank You for digging deep into our project and we are very happy to clear your doubt. Since lottery industry is widely accepted in many areas yet blockchain will be something that people will not suddenly accept in the lottery system. Yet we know that blockchain is necessary for a trustless ecosystem in the lottery market and reduce the fraudulent activities as well as data forgery. To get this idea easy to digest amongst our community we have increased the incentive to a bonus of 100% which should clear a little bit doubt left in the community. As the understanding of blockchain and its benefits spread in the community we start lowering the bonuses and finally reducing it low enough to only attract new people in the ecosystem.
We really appreciate these type of questions because one person asking a question clears doubts for everyone that reads it. We thank you very much for your review and hope you will be rating us according to our answer.

Thank you for the reply.

This project looks set to take off.

All the best!

Ong Jun Hao
Founder Of (Top Blockchain Advisory Firm In Asia) | Consulted 20+ ICOs | Marketing Expert
Rated on Nov 2, 2018

Interesting project. Similar to I have questions on how POS work or whether the idea of POS is correct in this project. Because it is highly on the ethereum network and I doubt it can be completely be POS. What they might meant is that there is proof that someone has stake in the system but not the blockchain "POS".

Hwan BaekICO team member replied on 6 Nov 2018
Hello Ong Jun Hao, thank you for reviewing our project.
Yes, You are correct. The POS mentioned here is the stake in the system. Those who are supporting the system via putting some stake in the system for airdrops and trusting it for a complete 15 days will start getting rewards from the system in the 10% of the lottery ticket profit. This is basically us trying to build a strong community as well as reward the community for their hard work. Stronger the stake, stronger the community and leading to a huge acceptance of the ecosystem.
Again thank you for reviewing our project in depth.
Krutesh Shah
Enterprenuer | CEO | ICO Advisor |Investor | Blockchain Enthusiastic | Public Speaker
Rated on Nov 5, 2018

Very interesting concept. Lottery and blockchain goes well. Blockchain provides visibility and clarity to lottery winners. Team looks really good and domain experts. Whitepaper is detailed and token economics is good. Best of luck team.

Nozomu Nakazato
Blockchain consultant
Rated on Oct 29, 2018

Lottery and block chains are very compatible and can be expected to develop business.
As a result, the market is fierce. In the case of such a project, it is difficult to make the system USP, so team members and business partners should observe.
The team is stable and familiar with the industry and block chains well.
For business partners, there is a major accounting firm to support the transparency of this project.
Cheers to their challenge to transparency!

Paresh Masani
Rated on Nov 1, 2018

Solid team of technical and domain expert chiefs.
Comprehensive white paper covers business, finance, and technical info.
I have been a big fan of lottery on blockchain and I was in belief it’s not possible to do it totally decentralised way. I am looking forward trying out Donocle MVP and will be happy to raise product ratings.

Hwan BaekICO team member replied on 10 Nov 2018
Hello Mr Pareshi. Thank you for the deep review in our project.
Our MVP is on development right at the moment and we will be uploading it by next month.
We hope more people can meet our project through this innovative blockchain technology.
Thank you for your review again.
Mohit Tater
Blockchain & ICO Advisor, Investor, Serial Entrepreneur
Rated on Nov 26, 2018

Interesting use case for blockchain technology here. Looks similar to Like Ong said, I am not sure how POS would work or if they should even be using POS in the first place.

Disclaimer: This is my independent review on this ICO and does not constitute any investment advice. ICOs are risky, kindly do your own research before investing.

Hwan BaekICO team member replied on 27 Nov 2018
Hello Mohit Tater.
Thank you for having interest in our Donocle Project.

I would like to introduce more about our POS system.
Our Token Holders will receive parts of our business profit by holding their donocle tokens in our Donocle deposit system.
This concept was brought for our token holders create profits apart from the conventional Crypto Exchange trading business.
The lottery profit airdrop that our token holders will receive are proportional to their stakes.

Thank you for reviewing in our project.
ICO analyzer bot

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.

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ICO KYC Report
2 members invited
Park, Jun Ho (Jaden Park)
Jin, do yoon (Jake Jin)
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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