SWOT analysis of ICO (ITO) project

Assessment of strengths and weaknesses, opportunities and threats to the external environment

<< See other reports
Project concept
5.0
Business model
4.7
The tech
5.5
Team
5.0
Tokens
5.7
Project support
5.7
Media Environment
5.5
Jurisprudence
5.0

Average score

5.2 / 7.0
DAV Network plans to create a blockchain-based transport platform. DAV Network is an innovative start-up of the transport sector, that plans to exclude intermediaries from the sender-receiver chain. Decentralization of the platform and autonomy of transport are the main principles of DAV Network.
Price
1ETH = 10,000 DAV Tokens
Soft cap
5,000,000 USD
Hard cap
38,000,000 USD
Bonuses at Pre-Sale
-
Bounty campaign
true
Platform
Ethereum
Token type
ERC20
Accepted
ETH
Country
Switzerland
The DAV Network project aims to create a platform that will allow anyone to buy or sell
services in the decentralized market of unmanned vehicles. The DAV platform will integrate
into any autonomous vehicles, allowing them to exchange information and carry out
transactions with each other using the DAV digital currency.
The concept and tools that developers offer are potentially in demand and relevant for
scaling of autonomous vehicles and development of such technologies in the world of mass
consumption. Modules created by Dav Network already have working prototypes and will
allow to estimate the pace of the project development in real time, as well as testing some
of the functionality. The project team presented a detailed road map, an analysis of the
competitive landscape and current market trends, as well as a well thought out business
model. The project developers themselves and the advisory board members are
representatives of large, universally recognized world companies (NASA, UPS, Bancor,
Google) of various fields and leave no doubt about their serious intentions and possibilities
to implement such goals.

Strengths

The team has studied the competitive landscape and described the project's competitive advantages
Blockchain technology is necessary for the project
The team described in detail the business model of the project
There is a clear roadmap
Dispersal of funds is regulated
The issuance of tokens is limited
The project is popular on social networks and in thematic communities
The project is widely discussed on blockchain news resources
The founders and leaders of the project are recognized professionals in their fields and in the blockchain industry
The project team has extensive experience and a strong track record
The project has a strong advisory board
The project’s partners are large and well-known
The team has a working product
The source code of the project is published on GitHub.

Weaknesses

There is no detailed financial plan

Opportunities

Expansion of the market / Creating a new market niche
The growth of the token exchange rate in the medium and long term
Increased demand for tokens from ecosystem participants
Activity in the legal field of securities market regulators
Activities in the legal field of contractual relations
AML Activities
High level of the company's influence on the market
Activities in the legal field of entrepreneurship and tax payments

Threats

Violation of legislation on processing and protection of personal data

Recommendations for the project

High-priority tasks

  • Develop a detailed financial plan
  • Meet the legislative requirements for personal data protection. Develop a detailed Privacy Policy

More information is required

  • about the legal structure of the company
  • about the experience of the founders in the implementation of a successful business
  • about the potential demand for the product
  • about large VC investors in the project
  • about the safety audit of the smart contract

Medium-priority tasks

  • Finalize the roadmap
  • Finalize the regulation of fund dispersal in a smart contract
  • Increase activity on blockchain news resources
  • Carry out additional activities to increase the visibility of the founders and project managers in their fields and / or in the blockchain industry
  • Increase the functional readiness of the product
  • Identify additional problems and market needs
  • Improve the mechanism for protecting tokens against devaluation
  • Eliminate minor violations of securities market legislation
  • Finalize the package of documents on the terms of token sale
  • Improve the competitive advantages of the product and project
The results of SWOT analysis express the views of DigRate and does not constitute a statement of fact or recommendation to buy, hold, or sell these or any other assets, or make investment decisions. This information may be distributed without the prior consent of DigRate, but must contain links to www.digrate.com