ICO Analysis: TalaoPublished on April 13, 2018
By
Fredrik VoldVerdictThe idea behind Talao is undoubtedly a sound one, and freelance marketplaces is in our view an area that is ripe for disruption by the power of Decentralized Autonomous Organizations (DAOs) and Blockchain technology.
The team members have successfully launched and operated traditional centralized freelancing platforms in the past, which indicates that they understand the industry with its inherent risks and opportunities.
As mentioned above, the main question mark is the team’s lack of experience in Blockchain technology specifically. It is therefore hoped that the team can manage to attract qualified people with relevant experience who can drive the project forward from a technical perspective.
Risks One question is whether the project will be able to attract the critical mass of users necessary to break-even with their running operating costs, given the low-revenue “freemium” business model that has been chosen for the platform. With that said, it is known that Talao’s predecessor, eMindHub, already has demonstrated an ability to attract users. However, whether this will be enough to cover the operating costs of the new platform remains to be seen -0.5
The team appears very strong from a traditional business development and management point of view, but may be somewhat lacking from a technical point of view, in particular when it comes to experience with Blockchain technology. -2
Growth Potential With both freelancers and employers dissatisfied with the service offered by current platforms, the freelancing marketplace industry appears ripe for disruption by blockchain technology. +2
The management team already has a strong background in the industry which is definitely an advantage. +2
Highly transparent company and team with all important details made publicly available, including the Articles of Association of the France-registered company behind the project. +3
The project appears thoroughly thought-out and well-explained both on the website and in the white paper. +3
DispositionThe Talao project appears very well researched and though-out, with a strong team that has demonstrated their ability to carry out projects in the same industry in the past. A high degree of transparency from the team’s side adds to the legitimacy of this projects, and makes it stand out positively among the many low-quality ICOs that have been launched recently. We also like that the team has made the company’s Articles of Association public along with an explanation that rules out any potential conflict of interest between company shareholders and token holders.
Overall, the case for Talao appears to be strong and we believe it deserves a score of
7.5 out of 10.Proof: https://hacked.com/ico-analysis-talao/This is very good result!