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Ratings Lyfe

Wellness Rewards and Gamification

Lyfe is a decentralised wellness rewards and gamification platform for healthy lifestyle through blockchain technology. We strive to promote healthy lifestyle through wellness challenges and rewards as an open platform for various fitness and health apps to join us in making health and well-being more fun and rewarding for everyone. Lyfe Token is a utility token with smart contract feature that is at the core of Lyfe Wellness Rewards and Gamification Platform. Its purpose is to enable the pursuit of better well-being through rewards and redemption. Our Open API, SDK, and Smart Contract enables developers to implement Lyfe Challenge & Rewards or their own token economy in their own system.

3.6
8 7 expert ratings
Benchy 4.3
KYC
Experts
3.1
3.3
3.5
Review: coming soon PRO
~$3,000,000
value of tokens sold in ICO
Ended
Token
LYFE
Type
Price in ICO
0.0007 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China
preICO start
29th Oct 2018
preICO end
9th Nov 2018
ICO start
12th Nov 2018
ICO end
7th Dec 2018
Visit ICO website
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Changelly

Ratings

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
Igor Karavaev
ICO and STO and IEO advisor
Rated on Oct 12, 2018
2
2
2
15%

So many ideas like this already being realised (on blockchain and without blockchain). Where is competitive analysis? I also have not got any numbers about business planning in the WP. The team is too small. MVP presented is mot an MVP actulally. Where is the link to github?

+2Agree
-4
-6Disagree
Report
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Oct 14, 2018
Modified on Oct 20, 2018
1
1
1
15%

Hard cap = US$6,169,750
Soft cap = US$2,668,000

Team comprises of just the CEO, Chief Innovation Officer and Senior Partner.

3-man team?

Will be willing to review rating if team responds.

~~~~~~~~~~~~

Indra Darmawan
ICO team member replied on 15 Oct 2018
Hi Clemen,

Thanks for looking through our project.

The team that we listed are all the key players. Of course we have more than that, from developer to community manager and designer. But we don't want to list just everyone in the company.

PM me if you want to know more about our project. And appreciate if you can review your rating.

Thank you
~~~~~~~~~~~~

Why wouldn’t you want to list everyone in the company?

~~~~~~~~~~~~

Indra Darmawan
ICO team member replied on 16 Oct 2018
Hi Clemen,

Thanks for your reply.

We don't think that, in terms of ITS, they would be on par or as high profile as the top three executives who are actually the leadership face and the ones responsible for the project. But we can always list everyone in the company to bump up the number of team for ITS, it's not a problem.

How about the vision and product? Any reason why you rate it as 1? Just curious, if you have any valuable feedbacks so that we can improve our project. We are always learning and improving ourselves.

Thank you

~~~~~~~~~

Great projects are built by a great team of people.

It is a difficult decision to cross the hurdle when this project fails to list the complete team.

All the best!

+1Agree
-7
-8Disagree
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Nozomu Nakazato
Blockchain consultant
Rated on Oct 15, 2018
4
5
5
14%

One of the founder has successfully completed a $22m ICO and is the founder of the biggest crypto exchange in SEA. The CEO and team also very experienced in leading scalable healthcare company with millions of users monthly

The product concept and vision to encourage healthy lifestyle and data connectivity is more important now than ever. I really like how the team envision real use case of the blockchain system to actually impact people lives.

+17Agree
+16
-1Disagree
Report
Yogesh Trivedi
Blockchain Technology, eCommerce, Agile Software Development Consultant
Rated on Dec 14, 2018
5
4
5
8%


The Lyfe team seems experienced in the industry. Lyfe utility token with smart contract feature makes it more interesting and give upper hands than other big fishes in the healthcare industry.

I just want to see what next Lyfe will propose and hold its strength in the market.

MVP looks good and well presented that clearly shows this project came into the market with a big vision

Agree
0
Disagree
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Sayali Joshi
BLOCKCHAIN EXPERT, ICO and STO Marketing and fundraising consultant
Rated on Oct 30, 2018
4
5
5
8%

Project sounds interesting in health industry. I am aware that they are not alone in market but still the goal and objectives of project are quite good.

Team is lacking more faces but C level people are experienced that made me gave 4 in team else it would be 3.

Just want to see them build what they are proposing if lyfe team do so then they can get hold of share in market for sure.

Agree
0
Disagree
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ANKUR SIDDHA
Founder @ All Coin Posts (allcoinposts.com)
Rated on Oct 11, 2018
5
5
5
4%

Team : Lyfe has really great team. They has Experience of past ICO which has successfully raised $22M. The advisor in the team is also has good knowledge of the blockchain industry & running various business.


Vision : These days Health is one of the biggest issue of the society. Lyfe can encourage people to be healthy by incentivising them in different ways. What can be good when you getting reward to stay fit n healthy. Fitness Industry is very big n vast in traditional business but yet there is no major competition in blockchain.

Product : The basic MVP looks good. They Lyfe team has worked on basic product and presented it. which shows they are serious fo the project. They will come up with a working product soon.

+5Agree
+5
Disagree
Report
Jason Fernandes
COO and Co-Founder, AEToken
Rated on Nov 4, 2018
5
4
5
3%

While many below have criticized the team, I think a team of 2/3 core individuals is about rightl for a startup. Generally a company like this would deal with various freelancers and subcontractors none of whom would be worth mentioning as part of the core team. Its quite easy for a team to list a large number of subcontractors etc if they were trying to be deceptive. The Co-founder has a lot of experience in this space and they appear to be related, this means they likely have a good team dynamic and are bonded with something greater than a business- to me that makes a strong team. If you want to know more however, their whitepaper has more details on the team

With regard to Vision, I would say Lyfe isnt the only game in town here but the concept is certainly decent and it clearly makes sense why blockchain would benefit a model like this. Its similar I suppose to credit card rewards- but for health.

The product MVP doesent have to be functional - there is a long history of ICOBench projects linking to mockup apps, the point of this is to illustrate how the sysem would work and what the model is- Getting to a working product is what they are raising money for- and the softcap doesent seem outrageous to me to either. The numbers seem fair, Id recommend this ICO

Agree
0
Disagree
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Benchy
ICO analyzer bot
4.3
33%

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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ICO KYC Report
2 members invited
Indra Darmawan
Passed
Oscar Darmawan
Passed
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