LevelNet

A very good team and set of advisors leading a project with a clear and solid vision. An interesting white paper is in place as well, I look forward to seeing how the development goes!

Good to see the idea and prototype.

I did not see the transparent economy of the token. Perhaps it will be further developed.

In my opinion, stage "Finalized Specification for the development" - is absolutely not enough for ICO...

In my opinion this product is able to change situation with security issue that exist now. It has potential to merge cyber security market in the future.

I like the look of this project, would like to see more on the product side of things.

Team seems decent, product is absolutely great. Main issue is whether or not the product will ever be built. Great ideas and vision does not always translate to a workable product. I see a bright future for the project IF they manage to build the tech as they say they will.
I rate this medium to high risk but with high return potential.

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.

i've been reading and reading the Whitepaper, but being honest i dont see why a non crypto related product has to do with an ICO.

Essentials:
1. Team is OK, obviously has enough experience and skill.
2. Targeted market is very promising.
3. Competition and CAC are both high.
4. Tokenomics doesn't look very promising for the ICO investor. It is OK from the pure utility token perspectives, but doesn't have a strong potential for token price growth.
5. There are some concerns about the privacy and the actual system performance.

The scores will be update, when we will finalize the full review of the LevelNet for our investment club.

UPDATE 15.04.2018:

A.1 Tokenomics simply shows not enough liquidity sources (demand has no ground to be on par with the of tokens supply) and will struggle for months if not years. Even if the token will be listed with some larger exchange, it is not clear at all, how there will be enough market liquidity to support the token free float. Nothing on this part was calculated or laid out in the White Paper or a separate business plan.
A.2. We located the project financials, and we honestly praise the LevelNet team to for showing them to public. While there are some obvious concerns about the sales projections and the sustainability and stress resistance.
A.3. The one sad thing to mention, is that there was no consideration given to the ICO and the tokenization effects in the provided financials. Projected sales and the negative cash flow projections are both work as negative factors for the token price in the 3-12 months period.
A.4. The actual performance of the system, is a concern due to it's operational complexity for clients and infrastructure requirements. There appear to be some bottlenecks in design, which may mean, that the idea is either too early for the market or, on the contrary is attempting, to combine older product parts (such as dedicated end-point apps) with some hip buzzwords just to make such older tech a modern look.
DISCLAIMER:That's a very broad explanation of our concern (and that's the best we can do given the information form the public domain), and I myself by no mean is a security expert (there is a White Hat subcontractor for this), so it shall be considered more a result of the process analysis, the system analysis and bottleneck analysis, rather than a security audit outcome.

We updated rates given the new information and the LevelNet responses. The full report is available for the investment club.