TecraCoin

Team ★★★★
Vision ★★★★
Product ★★★★

Edited after the team has passed the KYC process and has updated his achievements.

The team is large and experienced, but they also need to add some advisors to the crew, then they will get the max score.

The vision is ambitious and the idea is legit. They have three good patents confirmed, that has value and it's a very good way to start their business model.

Good luck!

More than a year long old-fashioned fundraising style ICO. Unforgivable approach for investment professionals as the people claim themselves on their landing page. Huge hardcap. Bitcoin platform? Fully agree with Federico review below.

UPDATE. After receiving profound feedback from the team I improve my rating. But despite the team’s feedback is good and shows great understanding of the blockchain products environment I still keep my opinion about strategical mistake of doing ICO instead of IEO. And I recommend the team to change the fundraising strategy.

To be honest I like This idea. It has social significance. Especially in Japan, cold weather for scientists is terrible. I felt strongly that a platform to support them is needed. I hope that such efforts and magnifying glasses will spread to the world.

Here is one question.
I felt graphene, white light, business plan, financial plan very good.
On the other hand, I could not find a detailed description of the following mechanism in the white paper.
After having a wonderful discussion with the team, I made the following discoveries. I am looking forward to the arrival of their prototype.


==================================
Blockchain gives transparency in allocation of funds, each on can check where funds dedicated for science goes.
On explorer you can check right now, that we didn’t spend any TCR on science now.
and The same is for dividend addresses.
It build more trust. In future we will develop it much more. Creating global investing platform for investors.

Solid concept and experienced expert team to execute the project vision.
Loved the shiny whitepaper with detailed business and technical information for investors. The concept is unique so far - no project attempted to address the business areas Tecra coin is targeting.
Great MVP with all functionality working. Thumbs up!
Good luck team.

The concept is amazing. Team is really good and capable enough. KYC is done. MVP is good. Whitepaper is detailed with good financial, technical and business information. They invest in patented and future technologies which has best chance to success and change the world for better. Best of luck team.

This project has a balanced team in numbers and skills. Their requested team members passed the KYC.

It has a working MVP.

They only distribute 10% during ICO.

Their vision is rather interesting, I am looking forward to seeing how they will implement it on the market. Good luck!

I applaud the technical strength of this project member.
It is a unique project that combines ideas and technologies.
This project will be more wonderful when they succeed in acquiring patents.

TecraCoin has a really unique concept that caters for a wide range of ground breaking technology.

They have a large experienced team that I believe could certainly pull this off. It would have been nice to have seen a bit more cultural diversity in the team but none the less the team is still very strong.

It's refreshing to see an ICO that has this amount of uniqueness compared to the dozens of rehased / copycat ICO's we see around these days.

All in all this looks like a promising project.

As always this is merely my personal opinion and it's up to each investor to conduct their own due diligence

They have great skills. There is also a love for scientists. They have exclusive technology. It appears to me that they are already approaching their goals. It is clear that team members are experienced and trying to do it. I hope their work will light up the right scientists.

KYC ✔
Team ✔
Advisors ✔
Whitepaper ✔
MVP ✔

Good balanced team with a great concept, kyc is passed, working mvp available, lets see how the things turned out after their ico. Good luck

It's very good idea to implement blockchain as trustworthy records ledger into science. My truly respect to the team on finding right approach to kick off intellectual property into community's rights level. Cause big corporates and governments handling this space and manipulating with it as they wish. Finally the human's creations and inventions come back into people's handling. My applause to team and their vision on how to make this world better. Science is so apparently driving!

Their requested team members passed the KYC.

It has a working MVP.

They only distribute 10% during ICO.

Their vision is rather interesting, I am looking forward to seeing how they will implement it on the market. Good luck!

Good vision of the project, they are aiming to set up an entire ecosystem, very ambitious and not at all easy to implement, but they are working well, we can see that the project is in a quite advanced stage for being still in ICO, unlike the most projects, which are still on the high seas while running an ICO.

Good team, large and well distributed, although perhaps too little international, they are all in the same place. The community is very short for now, almost non-existent but this can be remedied with good marketing. The block explorer offers a good overview while you can explore various features, but I still haven't figured out why Bitcoin? There are so many other networks today, much more powerful, faster, and everything you want, so it doesn't make much sense to develop into bitcoin.

In the distribution of the token I could not identify the "reserve fund", which is quite important for any project, while the rest of the distribution is good.

All in all, an excellent project, which seeks to make the most of the potential that the Blockchain offers together with the non-Blockchain part of the project, but at the same time offer added value to the same Blockchain and its community.

Remember that here on Icobench the experts are volunteers and we are dedicating a job exclusively to the Blockchain community, we are not here for other interests. Our ratings are our personal opinions and are not encouragement to invest or not invest, and are given through the knowledge that each of us has acquired over the past few years, touring the conferences or some of us, running an ICO or more than one.

Tested MVP its working fine and i expect many upcoming enhancement in it, Team is definitely mixture of expert skills backed up with good advisors.

Marketing efforts are good if checked web presence of project , Overall good project with cleared kyc

Very interesting idea both in the vision and in the design of the project.
The project has all the trades in its team and the WP is well done. The introductory video should be made in English. With the right marketing, I think this project has a good chance of success.

Dear ICOBench community,


Please note that before reviewing this project & ICO/IEO, I conducted my own DD : team background, competitors, project history, various analysis and KPIs, growth potential and a lot more factors.


Here are the results of this analysis :

- Team : Looks like an experienced and professional team. Also, it's a pleasure to see that the team members and advisors are linked to the project on social media.

This is definitely worth a 4/5 for the team.

- Vision : Nowadays, it is really difficult to find a secured and trustworthy investment holding. TecraCoin seems like a good place where investors can get to know new projects and technologies and invest there. Nice vision.

For these reasons, I give a 4/5 for the vision.

- Product : The GitHub is shared, so is the Business plan which is a key document when somebody looks for new projects to invest in. Most projects hide it either because they don't have one or because it is a weak one. Here I appreciate the transparency.

Therefore, I give a 4/5 for the product.


I invite investors to conduct their own DD before investing time / money on any project.

Not clear how the Tecra blockchain will be secured, PoW yes, but the new blockchain might not be secure enough due to very little hashrate. Why a new blockchain instead of utilizing one already established (say BTC or ETH)?

What are the benefits of setting up an ICO instead of going for VC round? Why going for an ICO which will probably cause many headaches in the future? You mention that distributed ledger make investment more transparent and secure, although the reality is the opposite. There are very little obligations for you to disclose any type of financial data and there is close to none scrutiny from regulatory authorities.

If Tecra is a VC fund there are not enough info on the type of investments that will be made, there is nothing about the selection process, type of SPV that will be used and annexed fees or previous succesful exits. What about fees? carry? Success fees? Will the invest only in prop research or also third parties?

From an investor point of view, I don't believe there is any ground for purchasing TCR and seeing any ROI.

Specialised investment platform into graphene sector, which is experiencing nearly 40% CAGR.

Strong team. Good White Paper and a clear description of their vision and community dynamics.

A statement is made that 95% of companies in the graphene sector are going bankrupt (WP page 12) and given this is essentially a graphene fund, it would have been reassuring if there was a clearer view on why TecraCoin will be success, compared with those other 95% of companies. Undoubtedly their academic advisory experience will help, as will the transparency afforded by the blockchain and the use of the collective, but some further specific strategies or insights would have helped.

It also wasn’t clear whether related party investments were allowed under the investment charter.

However, an interesting investment space and a well-thought through WP and proposition. Good luck.