With our core company Sicada we have built DYNOSTICS®, one of the most advanced sports and metabolism analytic devices for sportspeople and athletes. By doing this, we realized the responsibility of handling the sensible data our device produces. To solve this responsibly, we created DYNO and re-define the sports industry by building the first blockchain based open source marketplace for user driven sports and metabolic data. Therewith we are giving back the power of the data to the users that produce it while creating a unique marketplace giving access to this data to interested parties. All in favor of the user.
DYNOSTICS® has developed the first mobile, smart and afordable system for performance and metabolism analysis, which determines a user's current state of fitness in just a few minutes based on his breathing gases. The measurements data is then sent to the DYNOSTICS® App and interpreted by the DYNOSTICS® algorithm in real time. The result shows the user his individual information in which pulse ranges he burns fat, increases performance or from which point the body over acidified. In addition the App tells the user how his body is able to process food and in combination with the performance level the App tells the user what to eat and how to train best in order to reach the individual goals like losing weight, building up physical fitness or doing health-conscious training. All this can be done without medically trained staf.
This is a worldwide unique system with a pending patent on the sensor. DYNOSTICS® is constantly working on additional body analyzing devices to become the world leader in smart body analytics.
The team lacks fundraising and blockchain experience. Apart from the budget (page 38) there should revenue/profit planning, so it is not clear if there is any real business approach applied here. No competitive analysis available
ICO Advisor | ICO Consulting | Project Review |MBA Finance and Strategy |9+ Years of Corporate Experience | Crypto Trading and Investing Rated on Jun 14, 2018
4
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12%
As rightly said that "Health is Wealth", I am sure the future is bright for companies venturing into space. An ICO from existing company with existing product line is always beneficial but integrating blockchain data into the line can be challenging. Based on backing from strong team having an entrepreneurial experience and debt free books, i will give this company thumb up but KYC part is missing, which has to be addressed by the team. Token economics has been worked out carefully. Token burn mechanism can reduce the circulating supply post mass adoption and can thus boost token value for investors.
M.D. and Venture capitalist Rated on Jun 14, 2018 Modified on Jun 14, 2018
5
4
5
10%
Dynostics caught my attention for having an existing business and product. After having an interaction with the team I would give them a very good rating based on the following reasons:
1- Dynostics is an existing company with a very useful product and growing sales
2- They have a very interesting B2B revenue model that provides them with a continuous cash flow
3- Their devices collect a unique set of biological markers that can be of interest not only to individuals but also to research institutes and insurance companies
4- By integrating the blockchain, they are giving users the data ownership and a possibility to monetize it
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