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Ratings Navibration

Discover the World Like Never Before

Navibration, a technology startup, is creating the navigation of the future: offline navigation through vibration and a whole ecosystem of audio tours from cities all over the world, built on blockchain technology. The initial development of the project was backed by the Government of Spain and the company has patented the navigation system by vibration. Navibration has a working MVP, available in both App Store and Google Play, with thousands of registered users. In future versions of the app, the token of the company, Navicoin, will play a fundamental role within the platform, becoming the center of the audio tours ecosystem and the Navibration sharing economy.

3.5
12 11 expert ratings
Benchy 4.0
KYC
Experts
3.7
3.3
3.0
Review: download now PRO
Ended
Token
NAVI
Type
IEO launchpad
Price in ICO
0.0100 USD
Country
Whitelist/KYC
KYC
Restricted areas
USA, China
ICO start
25th Sep 2019
ICO end
25th Oct 2019
Visit ICO website
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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
Jeremy Khoo
Group CEO | Blockchain Entrepreneur |Fund Partner | Exchange Founder | Singapore
Rated on Oct 2, 2018
3
3
3
11%

This idea of selling experiences and tours is trending, and the idea of bringing blockchain into it can work with democratisation of parts. This isn't clearly written in the paper. Nonetheless, it is a refreshing commercial project.

+2Agree
+1
-1Disagree
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Nathan Christian
Blockchain Technology Consultant
Rated on Nov 13, 2018
Modified on Nov 13, 2018
4
3
3
11%

Good team! I also see great advisors. I get it! Lets see if team can raise enough money to bring the to reality.


Ratings are that of opinion and not to be financial advice of any kind and in no way should be considered endorsement of any project. Please, do your own due diligence on anything you invest in!

+1Agree
+1
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Ian Scarffe
Blockchain Consultant, Advisor, Consultant. European Commission - Horizon 2020
Rated on Apr 4, 2019
4
4
3
10%

This is an interesting idea, and one which will rely heavily on the number of users. The potential is there, but obviously it's a huge market. They do have a good team leading them

+1Agree
+1
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Daryl Naidoo
Founder-Promethean Dynamics |Certified Blockchain Solutions Architect|Blockchain Advisory Council |Alliance of Blockchain Professionals |
Rated on Feb 1, 2019
Modified on Feb 1, 2019
4
4
4
9%

This is a really unique and interesting concept. I think a platform like this would have decent potential. The travel and tourism industry is massive and practically evergreen, Navibration could be exactly what the industry needs.

The team seem to have a good diverse range of experience and they are backed by a solid group of advisors.

+1Agree
+1
Disagree
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Suzat Fernandes
CFO & Co-Founder
Rated on Sep 7, 2018
Modified on Sep 7, 2018
3
3
3
9%

Navibration’s concept is interesting, but I believe the world does not need another social network. As for the audio tours, it can be useful for people who cannot physically visit the place. Is there an actual need for implementing blockchain technology in this project? KYC is complete, Waiting eagerly for an MVP to see this project in action. Good luck to the team.

+3Agree
+2
-1Disagree
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Yuichiro Okazoe
Yuichiro Okazoe
Rated on Nov 14, 2018
3
4
2
7%

I met ICO interesting idea after a long absence.
However, I doubt if the number of users actually increases.
I feel that the characteristics of block chain technology can not be fully utilized.
There are many improvements, but I hope for a good ICO with such an idea.

+9Agree
+9
Disagree
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Jun Ahn
Advisor | Consultant | PR and Communications | Data Analyst
Rated on Sep 27, 2018
4
2
4
5%

The technicality required for Navibration is not a problem for this team or the project.

However, the whole tokenomics is heavily dependent on the number of participating users as well as the travelers.

Will this be able to replace the actual travel guides? Most likely not.

But it will surely be cheaper.

At the early stage this seems to be more of a local project than a global one.

And it is arguable if it needs its own tokens (which is more like a royalty points or rewards), which seems to serve better if it is rather pegged to certain values.

Anyhow, the success of the project heavily depends on its marketing and app usage, which doesn't seem too positive at the moment.

Agree
0
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Altug Isler
Influencer | Advisor | Marketing Expert
Rated on Sep 11, 2019
5
3
2
5%

Interesting project but main problem of project is depending of too much real life people usage.
Competing with famous blockchain social medis are difficult, also non-blockchain services are very tough in tourism. If they can catch a viral growing and can reach out of the spain they may success. Also i can advise if they adopt AR technology on tourism and app it could be very effective.

Agree
0
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Anthony Manfre
Founder TOTS
Rated on Nov 8, 2018
Modified on Feb 19, 2019
3
3
2
3%

Disclaimer: Rating and or commentary provided represents my own personal view and is not to be relied upon as advice. I am not a financial advisor nor am I registered in any jurisdiction with any financial services regulator. I provide no recommendations that any offering should be bought, sold or held. Before making financial decisions please undertake your own due diligence and consult a financial advisor.

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0
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Tamas Peter Turcsán ⚙️
Strategist @ Inlock.io
Rated on Nov 12, 2018
4
2
2
2%

A tourism-themed social network based on blockchain? Strange.
Although the experts are excellent, the team is fine. The product is based on a weakly validated assumption.
The main question is whether there will be enough users in the system. I do not believe it.
The content production process is not clear. Vision is confusing.

Agree
0
Disagree
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Thomas M. Pikolin
ICO Advisor, Business Owner, Crypto Analyst
Rated on Apr 18, 2019
4
4
3
2%

I like the idea to connect blockchain, gps, social media together. But to cover the world it will be hard to get enough people together. MVP needed to see it in action.

Nonetheless, great team, good WP, solid advisors

Agree
0
Disagree
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Benchy
ICO analyzer bot
4.0
25%

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
Francisco Merino
Passed
David Ortega
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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