Reflexion Lounge (XRLO)

This is no doubt a rather unique offering. I like the concept and I do believe there is a good market for this sort of service globally.

It's good to see they have already started operating with their first lounge. I do think however that they should have added dates to their roadmap on their website.

Superb and Unique concept of using Blockchain for Shisha and Lounging Industry.
Solid team of domain experts able to execute Lounging-as-lifestyle concept and Reflexion Card payment.
Detailed comprehensive whitepaper explaining clear concept and XRLO usage MVP looks very promising explaining Reflexion Card payment flow nicely.
The company is multi-millions UK based business with many popular sports and music ambassadors associated with them.
Definitely a solid project. Good luck team and looking forward to see working product!

→ Blockchain Advantage - ⛔️
→ White Paper - ✅❤️
→ Team Composition - ✅
→ Token Economics - ⛔️
→ Business Model - ✅
→ Social Media Presence - ✅
→ Collaborations & partnerships - ✅❤️
→ Fund Allocation - ⛔️
→ Legal Loopholes - ✅
→ MVP/ DApp/ Working Product  - ✅(Link is missing).

Advantage - A functioning business wants to expand its reach via token emission. Experienced team and good business model.

Disadvantage - Only concern is the token model where a fixed number of tokens to be help by a franchise instead of a fixed value worth of tokens + fund allocation is only based on hard cap. These minor modifications/ explanations would make it complete.

You can find my ratings methodology here- https://medium.com/@krishnenduchatterjee/ico-evaluation-investing-a-vc-perspective-for-investment-over-greedy-short-term-returns-433f6f9e13d8

A solid team and good advisors.
A project with great potential, the market is still untapped and would benefit from being so.
Lack of Marketing and exposure on social networks at the moment.
Clear whitepaper, realistic tokenomics , the project is very understandable and we quickly observe the added value of blockchain technology in such a project. No dates in the roadmap.

A very unique concept with a Whitepaper which explains the project in detail and a solid team of experts that make it a project with very high potential. Very clear vision and the contribution of blockchain technology on such a project. Eliminating border between nations by catering over 30 nationalities and already launched their first lounge which makes their concept even more reliable.