Translate the page
Feel free to ask any questions, leave your comments, wishes and suggestions regarding the Google Translation at our Telegram Chat.
Like this video

Ratings Swytch

Swytch is a Renewable Energy Incentive

Swytch is a blockchain based application that seeks to verify and reward the production of renewable energy through the issuance of an ERC20-compliant utility token. Swytch has a 1.5 gw pilot program operating in Germany, and has signed MOUs with four cities in Korea. Swytch attaches an IOT device to renewable energy sources that verifies the energy produced and reports it to an oracle that determines how many tokens that energy is worth based on a number of factors, which includes: geography, time of day, source of energy produced. We call this Proof of Production, and for this industry it solves the problems inherent with PoW and PoS.

3.4
15 expert ratings
4.3
3.8
3.2
2.6
View rating distribution
Ended
Token
SET
Type
Price in preICO
1 SET = 0.5 USD
Price in ICO
0.5000 USD
Country
USA
Whitelist/KYC
KYC
Restricted areas
USA
ICO start
12th Jun 2018
ICO end
11th Jul 2018
More on ICO
Report

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 advisor
Rated on Apr 27, 2018
4
2
3
4%
This rating's weight is reduced by 50% as there is no review added.
Tinh Tran
ICO Advisor | ICO Communications Expert
Rated on Jul 5, 2018
4
4
2
7%

While the idea is good but I don't see any potentials for ROI for investors at all. Investors must see their profits for investment.

Further, no MVP is the disadvantage of the project and not setting a softcap is also a big concern while a hardcap for this is too high.

Good luck

Agree
-3
-3Disagree
Report
Richard Kastelein
ICO Advisor, 50+ ICOs since 2016, Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group
Rated on Jul 13, 2018
5
5
5
7%

I can't believe how clueless most of the so-called experts here are. The fact is, Swytch has an incredible team and is backed by one of the largest hedge funds on Wall St. And has deals in multiple cities and in Germany.

And Toronto boy, can you stop copy pasting negative reviews with the same BS story? I see your comments verbatim on other ICOs as you demolish them without thought. Did you even bother to read the whitepaper here?

Let me put it this way, you would not have invested in Ethereum at 30 cents in the presale under your so called conditions for success.

Non-profit foundation, protocol level play, open source software, non proprietary...

You newcomers to the ICO world appear to have been stained with the residue of old world economics and failure to even grasp what tokenonics is and what the potential is. It's not about profit margins, and shareholder ecstasy, it's not about VC with their boot on the back of the necks of innovators watering them down to one figure equity.

It's about building community and finding utility value for the coin. It's about people using it.

For the so called expert who thinks that ICOs are no good for humanitarian or environmental projects... well what can I say? Delusional? Stupid? Pick one.

Now I know why half my clients could care less about ICObench. Because of drivel like this, posing as analysis.

All I can say is the quality of so called experts here is falling.

Agree
-2
-2Disagree
Report
Karnika Yashwant
ICO Marketing Expert | Launch Strategist | Global Branding and Fundraising Master
Rated on Jun 16, 2018
3
2
2
7%

This is a good concept but not a product that can benefit being placed on a blockchain for implementation. However, it can be part of a bigger project for greater ROI. While its creators have a good concept, they need to further develop this concept to bring in greater, far-reaching benefits to the world at large, through the blockchain.

+1Agree
-1
-2Disagree
Report
Mohit Tater
Blockchain & ICO Advisor, Investor, Serial Entrepreneur
Rated on Jun 21, 2018
Modified on Jun 21, 2018
3
3
3
7%

Though the concept looks good, I doubt how the product will look like once it's developed. Also, I don't see much benefit of using blockchain technology here.

+2Agree
0
-2Disagree
Report
Brian Condenanza
Tech Entrepreneur | Editor @ RevistaBitcoin | ICO Advisor | TEDx Speaker
Rated on Jun 27, 2018
5
4
3
7%

This is a very interesting project. I wonder if it needs blockchain implementation though, and whether it will be able to deliver positive ROI to investors.

Although, it has a great team and advisory board, and I think it has a great vision behind it too.

+1Agree
0
-1Disagree
Report
Nozomu Nakazato
ICO consultant
Rated on Jun 28, 2018
Modified on Jun 28, 2018
3
3
2
7%

The concept is very wonderful.
This project deals with one of the problems that we have to solve.
However, there is little explanation about the product itself.
Are there prototypes already?
As an investor, the road map seems not to be enough.
What is the basis of the hard caps?
I can not access Linkedin of Evan Caron (Cofounder and Managing Director).

+4Agree
+1
-3Disagree
Report
Christopher Zenios
COO | CMO | Speaker | Blockchain | ICO Specialist | Consultant | Advisor | Writer | Project Developer| Investor
Rated on Jul 3, 2018
5
3
3
6%

The idea is good, can’t say the same about the product and I can’t see how it will be a good investment. It would be interesting though how the product itself will look once implemented. The team is good with good experience.

+1Agree
0
-1Disagree
Report
John Papadopoulos
Crypto-currency enthusiast, Miner, ICO analyst, Angel investor, ICO investor,Strategist
Rated on Jul 12, 2018
3
2
2
6%

Although I find this project meaningful, I know that it will most likely fail to deliver any returns to investors. And the reason is simple. Investors don’t care so much about saving the manatees. So not much money will be invested in this project. That will lead to decreased funding which means a low price or even a useless token. Nobody wants a useless token so there are no actual incentives to produce renewable energy using Swytch.
End of story.

Agree
-2
-2Disagree
Report
Antoun Toubia
Chief Excutive Officer at United Capital Investments s.a.
Rated on Jul 6, 2018
3
2
2
5%

This project has not impressed me at all, tens of renewable energy projects, and 90% of them fail. Also the way that they implemented the token usage is also very fragile and will not create any demand and excitement for investors, if this project is going to be successful, it will take tens of years, no investor would wait such a long time, this is something that is not related to blockchain in anyway, this should be a normal project that should be funded by usual ways not ICOs.

The team is okay, but having a good team does not mean that the project they are offering is suitable for investors and the blockchain system.

I have worked with several eco green energy projects even before the blockchain started, and there is a very rare chance for these projects to succeed, they collect money from investors and in few years it becomes a dead project.

I would never consider investing in this project.

Agree
-4
-4Disagree
Report
Timothy Mayeur
Ecom Activator | ICO Advisor
Rated on Jul 5, 2018
4
3
3
5%

Team with related experience that already has a pilot project lined up. Not sure why they are using blockchain for this or require a $30m token raise for this however. Milestones doesn't even go past a couple of Quarters. Would like to see longer term vision and roll-out plans, how the money will be spent. Their Whitepaper has TGE Hard Cap $60M. Website token allocation doesn't appear to match that listed on ICObench. So it could be that many key areas on this profile are simply not accurate because they do appear to have a little more substance in terms of milestones on their website.

Agree
-1
-1Disagree
Report
Robert Laguna
Operations | Blockchain | Fintech | Startups | Crypto Enthusiast
Rated on Jul 8, 2018
4
3
3
4%

Renewable energy projects are on the rise and is a need in improving our environments. But at the same time not necessarily sure if blockchain would be a necessity for such a project.

The overall idea of the project is a positive one, the execution of it and hitting milestones and long term goals will be a deciding factor on how the market reacts.

The team seems knowledgeable in the industry and having advisors familiar in the energy and capital sector is a plus as well.
Some high profile backing (investors and partnerships) may help Swytch gain traction for this Eco Project.

Agree
-1
-1Disagree
Report
Ismail Malik
ICOCROWD Editor-in-Chief - Blockchain + Strategic ICO Advisory
Rated on Jun 24, 2018
4
3
1
4%

The concept of Swytch if really pretty good concept but the product is not, just because there is no any good kind of Blockchain technology implementation. Pretty good team, but here is not enough people (including advisors) from crypto industry. Make your investment desicion very carefully with these inputs.

Agree
-2
-2Disagree
Report
Viktor Tabori
Co-founder, CTO
Rated on Mar 6, 2018
3
4
3
2%
This rating's weight is reduced by 50% as there is no review added.
Davide Luigi Borella
Blockchain ICO Consultant and Adivisor.
Rated on Jul 13, 2018
4
4
2
4%

Interesting project as a whole. The fact is that in this case an ERC20 could be substituted with the existing Green Certificate that is a tradable asset which proves that electricity has been produced by a renewable energy source. For example one green certificate is issued by 1 MWh of renawable power.
So very good team, very good vision of the project but the product could run off-blockchain as well.

Agree
-1
-1Disagree
Report
Benchy
ICO analyzer bot
4.3
18%

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.

Bookmark
ICO KYC Report
2 members invited
Andrew Pearsons
Passed
Evan Caron
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

ICOs that might interest you

SOMESING

SOMESING is a social music service that incorporates blockchain technology so that prod...

Starts in 5 days 14 hours
4.7

TerraGreen

TerraGreen consists of a blockchain powered attempt for micromanaging biomass wastes fr...

68 days 13 hours left
4.5

DeepCloud

DeepCloud AI is building an AI-driven decentralized cloud computing platform for runnin...

5 days 13 hours left
4.2

MEDICOHEALTH

Medicohealth Platform will allow for fully anonymous, safe, and efficient communication...

Starts in 52 days 7 hours

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it