Please (PreICO)

Hard cap19500000 USD

→ What is the soft cap?

Beautiful domain name please.com.

MVP is not found at App Store or Google Play.

All the best!

~~~~~~~~~~

Romain Barissat
ICO team member replied on 11 Nov 2018

Hi Clemen,

Thank you for taking the time to rate our ICO.

We don't have a soft cap because we are already live on https://please.com - You can go ahead and book your next vacation and pay with crypto ;-)

Our MVP is still there on https://demo.please.com - You can add a service to see how we made the blockchain deployment process easy.

We have not published the smart contract features on our live website yet because we will refactor our smart contracts and get them audited after we raise money from our ICO. Hence why we have a MVP alongside our main product.

App Store / Google Play versions will be released next year, as per our roadmap.

~~~~~~~~~~

Dear Romain

Thank you for your reply.

It is important to have a soft cap target. This is to inform your community how much minimum you need to raise in this ICO in order for the project to execute according to its plan.

All the best!

I like the idea of pre-designed but still customisable trips. Would need to see the partners they are able to on board to gauge the success of this project. Team does not seem to have much expertise in the travel industry.

A huge market with enormous potential for scalability.


Good adoption of blockchain and token economy is well planned.

Requires strong team to delivery vision

MVP is available. The vision isnt anything new, there are many competitors.

I understand there is no soft cap as the project will continue regardless from internal funding, this is a positive thing. The negative is that the ICO serves no relevance for project validity. After all this is what ICOs are, the ability for projects to fundraise without forgoing any equity / other rights. Investors please note.

They are launching the ICO with a working MVP/demo. That's already an advantage.
The team looks professional enough as to take a project like this forward with a good chance of success, at least in the technical side.

Tokenomics are reasonable, taking into consideration they are allocating 19% for the global reward pool.
As for the Vision, I think we'll see a lot of projects like this in the near future but, in their favor, the product looks very professional and the UX is quite good. Also they are one of the first ones, so they will have some leverage there.

----------------------------------
This is an honest and unpaid review. I do not request nor accept payments in exchange for reviews. Nor projects should pay ransom to "fix" bad reviews. If an expert demands payment, report him and help clean ICO Bench from corruption.

White paper - The white paper has outlined the problems related to the tourism industry and outlined possible solutions of pre-designed yet customized travel trips. The benefits of using blockchain have been established clearly. The white paper almost has all the details for investors to make an informed decision.

Team - The core team is competent and diverse along with a small advisory board. The team lacks “visible” experience in the travel industry.

Tokenomics - The token allotment and funds distribution is well within reasonable limits.

Business Model - The business model requires partnerships and collaborations which has been clearly highlighted. They already have a running business with a usable platform. A big positive for any project.
How “unbankable” customers can be on-boarded esp in a country like India (S.E Asia in general) since crypto is kind of illegal in these areas? How do you plan to incentivize providers and investors to hold the coin? Not clear.

MVP/ DApp/ Working Product  - They already have a fully working product.

Please aims to decentralize the travel industry by connecting providers and travelers in a platform that is easy to use and rewards service providers and content creators while making it easy for the traveler to pick the perfect trip to it's needs.

I really like how far along the project as come before they even though on raising money via an ICO. This shows their commitment to the project and that they are in it for the long haul.

Instead of forcing users to directly use blockchain technology, they make it transparent via what they call an xApp, which basically is a software-less and friendly way to use the application while supporting both regular and blockchain payments = huge!

The incentives offered to the provider and the token metrics look good, with a 19% global reward pool.

While a number of partnerships have been formed, I believe that for the project to grow significantly (and as such it's token economy), a stronger team (and/or advisors) of travel industry experts need to be on-boarded to offer the necessary experience and connections on a very competitive industry. Fortunately from the reviews/comments seen here it seems that they are doing just that so it's another positive sign.