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ELIGMA

AI-driven and Blockchain-based Cognitive Commerce

Eligma, a cognitive commerce platform, will be connecting existing e-commerces and second-hand marketplaces into a one-point-stop for users. By harnessing AI and blockchain technology, Eligma is changing the way users discover, purchase, track and resell items online.

4.5
49 expert ratings
4.8
4.6
4.6
4.2
View rating distribution
~$11,377,277
value of tokens sold in ICO
Trading
0.04 USD
From Livecoin on 2018-05-25 07:11:36 UTC
Token
Price in ICO
1 ELI = 0.1 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
China, Singapore, South Korea, United States of America, Canada
preICO start
20th Mar 2018
preICO end
10th Apr 2018
ICO start
17th Apr 2018
ICO end
10th May 2018
More on ICO
Report

Ratings

Vladimir Nikitin
ICO ADVISOR | CONSULTING | EXCHANGES Listing
Rated on 21 Apr 2018
4
4
4
2%
This rating's weight is reduced by 50% as there is no review added.
Jason Hung
Serial Entrepreneur | Inventor | ICO advisor | China Market | Exchange
Rated on 6 Mar 2018
5
5
5
3%

This is an interesting idea, as from the description, just like an "ebay" at Blockchain ecosystem. I'm also interested in what AI can help on this domain.

Agree
Ian Scarffe
Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on 30 Mar 2018
5
5
4
3%

Great use of blockchain and e-commerce, built by a strong team with anexcellent vision. All in all an exciting project

Agree
41 people agree
Nikolay Shkilev
Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on 14 Mar 2018
5
5
5
3%

Big team! Good vision and product!
Good luck, guys!

Agree
3 people agree
Igor Karavaev
ico advisor and investor
Rated on 28 Apr 2018
5
5
5
1%
This rating's weight is reduced by 50% as there is no review added.
Ilya Anikin
Business strategy, investment deals, investor relations
Rated on 14 Mar 2018
5
4
3
3%

Excellent team and advisers, but an absolutely standard product, which does not differ from the standard online store, which combines a wide range of SKUs and stocks of a large number of merchants. There are many such good projects without a blockchain.

Combine the stocks of all stores and the description of goods is not such a big problem. What is really difficult is to make a user-friendly and efficient search of these goods.

Agree
2 people agree
Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on 13 Mar 2018
5
5
5
1%
This rating's weight is reduced by 50% as there is no review added.
Douglas Lyons
Success Advisor to Blockchain Startup Project Teams.
Rated on 11 Mar 2018
4
3
2
3%

Huge team, however; there is a lack of known ico advisory or regional representation.
Expansion to other markets not until 2019. Technology is great, but there seems to be a lack of attention given to the "regular investor". It will be 18-24 months before an investor sees any type of return on investment.

Agree
1 person agree
Wannipha (Jen) Buakaew
ICO & Investment Analyst
Rated on 12 Mar 2018
5
4
5
3%

Very smart way to combine AI with the e-commerce platform. Team and Advisors look solid. This will change the way we shop online!

Agree
Daniil Morozov
Co-Founder Node, ICO&Business Advisor, Investor
Rated on 19 Apr 2018
5
5
5
1%
This rating's weight is reduced by 50% as there is no review added.
Amarpreet Singh
Blockchain & ICO Advisor | Fintech | Innovation | Machine Learning | AI | Speaker & mentor
Rated on 22 Mar 2018
4
5
4
1%
This rating's weight is reduced by 50% as there is no review added.
David Drake
Managing Partner
Rated on 16 Apr 2018
4
5
4
3%

Integrating AI with e-commerce platform is good. Good luck!

Agree
Eugene Podkovyroff
Investor, Crypto Visionary, FinTech Pro, ICO Advisor and Consultant
Rated on 14 Apr 2018
5
4
4
3%

Brief thoughts:

1. A strong and an adequate to the task team, interesting advisors. You can use more regional diversity thought.
2. Idea is interesting and doesn;t find a lot of competition from other ICOs. Yet there is a clear presence of established players in the market, who's clients and volumes Eligma are going to take. What is worrying, is the lack of go-to-market strategy and clear vision on tackling the existing competitors. From the perspective of hodling that doesn't add certainty or assurance.
3. The product quality and the mid-term token price are very dependent on the size of the created business inside the platform. Size will matter to almost everything. This business can go big or can go home. Niche scenario doesn't look plausible. And that is both good for the potential gains and risky from the investment perspective.
4. The hard cap, been it raised, looks to be partially in disconnect with the tokenomics. The ICO proceeds utilization in this scenario looks disadvantageous towards the ICO stage investors.
5. Project already pre-sold 14k+ worth of tokens (give it at least 115% multiplier).

Conlusion: it is an interesting target for investments, yet it is crucial to get tokens with the maximum discount possible to have a margin in a short and mid terms. I would very cautiously take this token for hodling during the ICO, there seem to be several potential price dips where you would be able to buy in with a lesser risk.

We are currently finalizing the full review for the investment club to publish it after the ICO begins.

Agree
James Sowers
Ico adviser
Rated on 7 Mar 2018
5
5
5
3%

Strong team , great project!

Agree
Reinhard Berger
CEO Pecunio Blockchain Technologies
Rated on 16 Mar 2018
3
3
1
1%
This rating's weight is reduced by 50% as there is no review added.
Nikolay Zvezdin
CIO at Envinary
Rated on 5 Mar 2018
5
5
4
3%

Interesting vision, strong founders, but would like to see more technical details in the WP about the product that is yet to be developed.

Agree
1 person agree
Joseph Lowe
ICO Advisor | Integration Strategy l Certified Cryptocurrency Expert | realicons.io
Rated on 8 Mar 2018
5
5
4
3%

Innovative and genius

Agree
Purushotham Maralappa
ICO Adviser |Blockchain Community Manager | Business Analyst
Rated on 15 Mar 2018
5
5
5
3%

E-commerce with AI in blockchain is a interesting project, I look forward to the product. Good luck.

Agree
1 person agree
Francesco Redaelli
Co-Founder & VP Business Development at Koinsquare | Marketing Manager at AidCoin | Campaign Success Manager at 200 Crowd | Advisory Board Member
Rated on 10 May 2018
4
5
4
3%

Personally I believe that the project could improve its industry market with the power of blockchain, let's see in the next future how it will be implemented.

Agree
Vlad Skakun
Cryptocurrency Enthusiast | Senior Analyst at Midgard Ventures
Rated on 23 Mar 2018
5
5
4
2%

I have explored this project and consider it to be quite promising for next reasons:

First of all, niche is very profitable, but they have some competitors like Syscoin, Particl, Elementh, GLUON. Advantage of ELIGMA is combining AI and blockchain technology.

Secondly, team is solid. They have good programmers as well as great influencers. I like Alexander Danilov (CTO) with more than 10 years in IT.

Finally, they has raised 30% of the fundraising goal which shows a high interest to the project.

But I do not see any MVP or prototype that I can try.

I will keep watching it. Good luck!

Agree
8 people agree
Conston Taylor
ICO Advisor | ICO Analyst | Blockchain Researcher
Rated on 15 Mar 2018
5
5
5
2%

Excellent use of AI and blockchain technology. Strong team. Also universal rewards is also a novel concept. One issue that needs to be corrected is KYC. This needs to be completed for the second co-founder and I will udpate theTeam rating after successfully passing KYC. (Updated, KYC Passed, team rating updated)

Agree
3 people agree
Aly Madhavji
Co-Founder of Global DCX | Top ICO Advisor | Angel Investor | Blockchain Entrepreneur
Rated on 28 Mar 2018
4
4
4
2%

Good team and vision - excited to see how this progresses

Agree
Graham Doggart
Blockchain Advisor and ICO Growth Consultant. Founder at Dynamic Abundance Advisory
Rated on 29 Apr 2018
5
5
4
2%

Looks solid, looking forward to seeing prototype!

Agree
Irina Nikitina
ICO Advisor
Rated on 4 Apr 2018
4
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Vladimir Manzyuk
Blockchain/System Analyst
Rated on 25 Mar 2018
5
5
4
2%

- Huge market, if they can occupy at least 0.5 percent of this market, then they will be super successful. (Vision).
- They already have a partners in this area
- They have experienced team in this area


I didn't have enough technical information

Agree
Paul Mears
ICO investor, cryto trader and ex angel investor
Rated on 16 Apr 2018
3
4
4
2%

Alignment of token lock in for team not aligned with roadmap with a significant amount of roadmap due after all lock ins expired. Idea good and some good partners who are also advisors. Will these be receiving advisor and partner tokens ? Quite localised , but that still looks a decent business. Hard cap not excessive

Agree
VAKEESAN MAHALINGAM
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant
Rated on 1 Apr 2018
4
4
3
2%

Great opportunity here, good luck on the project! Like the concept. Milestone Roadmap is too a bit too long as the marketplace isnt ready until may 2019. That gives others a lot of time to create competition in this space.

Agree
Phillip Nunn
Entrepreneur | CEO | ICO Advisor | Cryptocurrency Evangelist | Global Speaker | Blockchain Influencer
Rated on 24 Apr 2018
4
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Pankaj Gupta
ICO Adviser, Marketing Expert, Entrepreneur in mHealth, Renewable Energy, Blockchain, Retail Space
Rated on 14 Apr 2018
5
4
4
2%

++ Solid team and advisory board.
++ Already got investment from VCs
+- Good vision but existing competitors are already making headway
+- Hoping combining AI will give some competitive advantage but hoping that it's not only bait for the investors.
+- WP could be more comprehensive

Agree
Stephanos Constantinou
Chief Executive Officer | Blockchain | ICO Expert
Rated on 11 Mar 2018
5
5
5
2%

Great team and product.

Agree
2 people agree
Andrey Zolin
Blockchain Developer
Rated on 15 Mar 2018
5
5
5
2%

Such big team but failed KYC, I think you will fix it. In my opinion, AI and Blockchain are very close to each other technologies, and we need to connect them for produce benefit for people

UPD: KYC passed

Agree
Paul Scott
ICO Advisory & Decentralization
Rated on 16 Mar 2018
4
5
4
2%

This kind of idea really excites me conceptually and I'm glad to see it coming to the Blockchain.

The team is quite regional in nature however balanced by some strong advisory talent. The vision is great and I'm an admirer - bring us an awesome product please!

Agree
Shaf Madina Zaman
Founder - Crypto Society, ICO Advisor, Marketing Consultant, DayTrader, BlockChain Enthusiast,
Rated on 16 Mar 2018
5
4
4
2%

If they can pull this off which I believe they can with the team and advisory board they have, I will be one of those users who will be actively involed in the marketplaces. Excellent idea and I wish them luck

Agree
2 people agree
Christopher Zenios
COO | CMO | Speaker | Blockchain | ICO Specialist | Consultant | Advisor | Writer | Project Developer| Investor
Rated on 13 Mar 2018
5
5
5
2%

We are expecting more and more AI intergrading Blockchain.

Agree
2 people agree
Oliver Isaacs
Blockchain Investor, Advisor, Influencer & Speaker
Rated on 18 Mar 2018
4
5
5
1%
This rating's weight is reduced by 50% as there is no review added.
Farabi Shayor
Marketing Professional | VR Research Lead | Cryptocurrency Specialist
Rated on 27 Apr 2018
5
5
4
1%
This rating's weight is reduced by 50% as there is no review added.
Igor Salikov
"Love Is Forever When It's Written in the Blockchain"
Rated on 16 Mar 2018
5
5
5
2%

Great vision, massive team. You'll need advisers from previous success ICOs. Hope you'll fix this after the successful presale. Looking forward to seeing your MVP, please inform. Good luck!

Agree
Simon Waddington
Software engineer and advisor
Rated on 20 Apr 2018
3
4
3
2%

Something like this needs to exist but it is probably not going to be anyone platform - more like a decentralized network of platforms. Otherwise you'll end up with a Facebook of shopping and imagine how that is going to end up - with the founder testifying to the US Government :-)

Hopefully not..

I'd be particularly interested if someone could crack the nut of secondhand items with P2P sales. The are many people trying to build successful eBay competitors and better Craigslists but really none are succeeding because they are all their own closed worlds that live or die on getting a user base which means basically stealing from the incumbents. A tough nut to crack indeed.

Any platform for commerce needs to have a strong story around identity, trust, reputation. I'm not seeing that here although they get credit for mentioning GDPR in the area of privacy. But I don't see "verification" and "reputation" and "identity" featuring in any significant way in the whitepaper. I would hope that would be key to building a successful platform - just think how successful Craigslist could be if they added those things?

But they do at least talk extensively about escrow. That's a good thing.

I found all the talk about BTC confusing. Turns out it is not about using Bitcoin, but a commerce district called BTC City .

Agree
1 person agree
Dipankar Bose
BlockChain Enthusiast|ICO Rating Expert|ICO Advisor
Rated on 17 Mar 2018
5
5
5
2%

The innovative approach to tackling e-commerce platforms through blockchain is relly impressive, got good potential.

Agree
1 person agree
Jonathan Lane
CEO Blockvisory.com
Rated on 30 Apr 2018
5
5
5
2%

The team is very strong and includes a lot of experts in the field of Blockchain. By having Charlie Shrem on the advisory board really gives the project a better than average chance to success. Good luck and I will be following this project intensely.

Agree
Alexander Sverdlov
Cyber Security Advisor for ICO startups
Rated on 10 Apr 2018
5
5
5
2%

amazing idea and most importantly, team

Agree
Tosan Arueyingho
Software Developer, Business Development & Blockchain Evangelist.
Rated on 17 Mar 2018
5
4
4
2%

An amazing team. I like the vision even if I feel it's a heavy road ahead.

Agree
1 person agree
Pavel Stukolov
CEO at TokenStars, the first celebrity management platform on the blockchain
Rated on 20 Apr 2018
4
5
3
1%
This rating's weight is reduced by 50% as there is no review added.
Fanjiang Zeng
Cryptocurrency Speciallist, ICO Advisor & Angel Investor
Rated on 17 Mar 2018
4
5
4
1%
This rating's weight is reduced by 50% as there is no review added.
Rafael Deramas
Marketing Expert
Rated on 22 Mar 2018
5
5
5
1%

Interesting project. AI and e-commerce combined is a great idea. I am looking forward to see this ICO succeed

Agree
Dmitry Pshenin
Investor in Crypto currency | Mining | ICO Marketing |Social Media Strategist |
Rated on 28 Apr 2018
4
3
3
1%

As soon as I see the AI, once there are questions. Do you really need a blockchain here?

Agree
Jiří Fiala
Entrepreneur & Crypto enthusiast
Rated on 23 Apr 2018
3
4
3
1%


Agree
Daria Shamrai
Marketing & ICO Expert, Crypto Enthusiast
Rated on 10 Apr 2018
4
4
3
1%
This rating's weight is reduced by 50% as there is no review added.
Peter Bergstrom
CEO BitBlock Ventures
Rated on 6 Apr 2018
5
4
5
0%
This rating's weight is reduced by 50% as there is no review added.
Benchy
ICO analyzer bot
4.8
7%

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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