SWOT analysis of ICO (ITO) project

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

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Project concept
6.3
Business model
5.7
The tech
4.8
Team
6.3
Tokens
6.0
Project support
5.3
Media Environment
5.0
Jurisprudence
4.6

Average score

5.4 / 7.0

Strengths

Blockchain technology is necessary for the project
The team described in detail the business model of the project
There is a clear roadmap
There is a detailed financial plan
The issuance of tokens is limited
The project is popular on social networks and in thematic communities
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 project founders have experience of implementing a successful business in the project field

Weaknesses

The working code of the project (for example: smart contract, platform protocol) is not published on GitHub

Opportunities

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

Threats

Recommendations for the project

High-priority tasks

  • Publish the project code (for example: smart contract, platform protocol) on GitHub

More information is required

  • about the competitive landscape and the project's competitive advantages
  • about the regulation of fund dispersal and usage of tools (for example, the use of an escrow) that would guarantee the return of investments if the stated usage of funds is not followed
  • about the legal structure of the company
  • about marketing activities on blockchain news resources
  • about compliance with the legislation requirements of the securities market and on the taking preventive measures
  • about the conditions of the token sale
  • about compliance with the legislative requirements for personal data protection and about the development of a Privacy Policy
  • about large VC investors in the project
  • about the safety audit of the smart contract

Medium-priority tasks

  • Finalize the financial plan
  • Increase the functional readiness of the product
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