EcoVerse is the first ever self-sustainable platform using AI-DPOC (Artificial Intelligence supported Delegated Proof of Contribution). EcoVerse solves daily usability and universal adoption by improving transaction times, security, and interconnectivity. The platform boasts up to a million Transactions Per Second in a lab setting; the goal of hundreds of thousands in real-use. TFT at 2 seconds. To create complex decentralized applications with an advanced array of templates on EcoVerse; As usable as fiat and credit cards, EcoVerse supports a two coin system that answers both the need for privacy and KYC/AML regulation and allows for a stable currency, optimal for for the needs of e-commerce, and a utility coin growing in value.
EcoVerse is the first ever self-sustaining ecosystem based on a blockchain network developed for daily usability and universal applicability. It is capable of handling millions of transactions per seconds (TPS) with a less than two second transaction finality time (TFT).
Our objective is to create a cryptocurrency environment in which individuals are offered: Equitable opportunities; Contributions justly valued; Rewards properly distributed; All decisions made democratically; Accumulation of wealth with integrity.
EcoVerse is self-sustainable because it is incentive compatible. The EcoVerse team designed the ecosystem to attract dApps equipped with a variety of services. By taking a sociopsychological approach indebted to Spiral Dynamics and Integral Theory, the EcoVerse allows individuals to pursue fulfillment and the desires of human nature--for example, selfesteem and self-actualization. The EcoVerse team envisions an economic ecosystem such that the individual’s pursuit in fulfilling their desires will also prompt “goodwill”. We define “goodwill” as the capacity for human empathy and compassion towards others. Goodwill will also promote and proliferate various forms of “good” economies--including a gift economy and value-sharing economy.
Ultimately, the EcoVerse team seeks to build a new self-sustainable economic ecosystem that will contribute to the prosperity of human society and posterity of future ecosystems.
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
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Nov 1, 2018 Modified on Feb 13, 2019
3
3
3
20%
Key founders did not complete the KYC process. Serious flag and warrants remedial action.
If the team responds, I will be willing to revise rating after KYC passed.
All the best!
~~~~~~~~~
Youngwhan "Nick" Lee
ICO team member replied on 9 Feb 2019
Hello Clemen,
FYI, the founders at EcoVerse has done the KYC and all passed. Could you please update your rating? Thanks in advance.
Nick.
~~~~~~~~~
Dear Nick
Great that the core two members have passed the KYC.
1. Financial → The hard cap you're raising is US$175 million??? Is this number stated correctly under Financial?
2. Milestones → There is NOT a single mention on your product development other than sales?
3. Team → Who are your advisors guiding you through the ICO process?
I hope that the team takes a committed approach to updating key and relevant information for the community to understand your project.
No KYC passed and no links to social media or LinkedIn profiles. Hudge sign of a poor or even worse scam project /No way to assess team's experience, expertise or education. Cannot definitively say anyone listed is connected to the project. Red flag.
ICO advisor|Crypto-asset and ICO investor| Libertarian|CEO of Block Venture Project Rated on Aug 4, 2018
1
2
1
16%
Team - no KYC passed and no links to social media or LinkedIn profiles. No way to assess team's experience, expertise or education. Cannot definitively say anyone listed is connected to the project. Red flag.
Vision - confusing and under informative. 2 currencies - one asset backed tether and the other a 'trading' currency. Why? Sentences such as 'various techniques are used to secure the network' hardly inspire confidence. This seems more like an article on how AI backed PoC could work as opposed to PoW or PoS. But there is little here to give the sense it is a worthwhile token to hold. No tokenomics, no business plan, no competitive analysis, no target market.
Product - no product, no MVP, no anything here to show proof of concept even.
I'm David with the EcoVerse team. Thank you for taking the time to fill out a review. Just to answer a few of your questions, I think it could be a little confusing as we have more than one whitepaper. We have a 1) philosophical 2) Technical 3) dApp whitepaper. A bit unconventional, but we've covered much of the information you suggested was missing. As much as I'd love to include the information here, I'd ask you read the dApp whitepaper to see a more comprehensive look at our platform before posting a review.
But it's true, we do have two tokens. One is prepaid or tethered private, which seems pretty inviting for e-commerce as well as a public utility token for interledger exchange. An additional reason we've taken this approach for our tokens is in regards to privacy and KYC/AML regulation. We've included this in our whitepaper as well.
Our team is working on KYC/AML compliance as we plan on adhering to every legal requirement for a crowdsale. But you can look up our team including myself on Linkedin.
Again, thank you for taking the time to review our platform but ask you reconsider your rating as we've answered the questions you've asked.
Strategist @ Inlock.io Rated on Nov 14, 2018 Modified on Nov 14, 2018
2
2
1
4%
Poor prepration for ICO.
Confused vision.
Weak website.
Most of the advisory team does not have Linkedin profile.
No product. No MVP.
Red flags everywhere.
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.
