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Ratings Please

Transforming Travel

Please Protocol brings decentralization to the masses using xApp approach. The protocol allows service providers to publish their services on the Blockchain using smart contracts. The hybrid nature of the protocol makes the architecture very flexible, scalable and be used by other projects whether they are centralized, decentralized or hybrid. Please.com marketplace offers a fresh approach to book travels. Instead of spending hours browsing the internet to find a personalized trip, travelers can easily book, create and customize their trips across traditional, decentralized and sharing economies. Voice is gradually taking over our screens. Consumers are increasingly using their voice assistants at home and are looking for new ways to save time. Please.com’s bot is cross-platform and will guide travelers throughout their journey.

4.0
8 7 expert ratings
Benchy 4.0
KYC
Experts
3.8
4.0
4.2
Review: coming soon PRO
Unknown
Token
PLS
Type
PreICO Price
1 PLS = 0.03 USD
Price
1 PLS = 0.036 USD
Bonus
Available
Bounty
MVP/Prototype
Platform
Accepting
ETH, BTC, BCH, LTC
Minimum investment
1,000 PLS
Hard cap
19,500,000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
China
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
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Nov 11, 2018
Modified on Nov 12, 2018
3
3
3
14%

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!

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Romain BarissatICO team member replied on 12 Nov 2018
We have executed our plan so far without external money and will execute it even if we don't raise any additional funds.
The more we raise the faster we can scale and reach our critical mass without external investment.
Please, I invite you to have a good look at what we accomplished so far.
Thank you
Irwin Chee
ICO Advisor | Blockchain Enthusiast | Venture Capitalist
Rated on Nov 9, 2018
4
4
4
12%

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.

+2Agree
+2
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Romain BarissatICO team member replied on 12 Nov 2018
Hi Irwin,

Thanks for your review.

We have just updated our partners page (https://protocol.please.com/#partners) and there are many more to come.

Half our management team has experience in Web/IT and the other half have experience in the tourism industry:
Our Product Manager has worked for HotelsPro and our CMO has launched LivingSocial.
I believe we have a good balance: Sarper and Kristi bring some good knowledge about how this industry works while Vladimir and myself are challenging the way things are done in the industry and provide a fresh look.

We've also just "on-boarded" another advisor (Executive roles in Singapore Airlines, Accor, and Avis/Budget car rentals)
Krishnendu Chatterjee Ph.D.
Blockchain | Tokenization Strategist| Whitepaper|Tokenomics | BD| Fundraising
Rated on Nov 9, 2018
Modified on Nov 9, 2018
4
5
5
11%

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.

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Romain BarissatICO team member replied on 11 Nov 2018
Hi Krishnendu,

Thank you for your feedback.
Half our management team has experience in Web/IT and the other half have experience in the tourism industry:
Our Product Manager has worked for HotelsPro and our CMO has launched LivingSocial.
I believe we have a good balance: Sarper and Kristi bring some good knowledge about how this industry works while Vladimir and myself are challenging the way things are done in the industry and provide a fresh look.

We've also just "on-boarded" another advisor (Executive roles in Singapore Airlines, Accor, and Avis/Budget car rentals)

I am not sure I understand your comment about "unbankable" customers. We are not solving the "unbankable" issue, other startups are hard at work on this matter. However we make sure that anybody with a debit/credit card or a crypto wallet can use our services, I would assume this will represent 99% of travelers. Also, our Global Reward Pool will award PLS for contributors to our platform, so anybody could earn PLS. For example, you could develop a couple new features in our open source repo and then use those tokens to go on a week-end trip!

Regarding holding the coin, we have two kinds of staking:
- Stake for exclusive offers and deals with Please Prime: $49 due in tokens that are given back 1 year later.
- Stake to increase your voting power and influence the way the Global Reward Pool is spent.
- We are also currently finalizing another incentive for PreICO & ICO buyers to hold the coin. Stay tuned!
George Han
ICO Advisor
Rated on Nov 12, 2018
4
5
4
11%

A huge market with enormous potential for scalability.


Good adoption of blockchain and token economy is well planned.

Requires strong team to delivery vision

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0
-1Disagree
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Romain BarissatICO team member replied on 12 Nov 2018
Hi George,

Thank you for your rating and analysis.
Dan Litwak
Founder at Hawk Cyber Security | Top ICO Security Advisor
Rated on Nov 14, 2018
5
3
5
8%

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.

+2Agree
+2
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Steven Costa Martins
Blockchain Evangelist | Advisor | Investor
Rated on Nov 22, 2018
4
5
5
7%

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.

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0
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Anthony Manfre
Founder TOTS
Rated on Nov 12, 2018
Modified on Feb 19, 2019
3
3
4
5%

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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Benchy
ICO analyzer bot
4.0
32%

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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Romain Barissat
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