ICO Analysis: PlatioPublished on October 22, 2018
By
Daniel WonProof: https://hacked.com/ico-analysis-platio/TeamCTO Dzmitry Lapo: Lapo has worked as a development advisor at Sberbank-Technology and as a solution architect at EPAM Systems.
CFO Irina Berkon: Berkon was the director of finance at MogulTube and an audit manager at Grant Thornton.
Anna Makovnikova: Makovnikova has worked for Samsung Electronics Kiev and SMART Technologies Calgary.
AdvisorsMaxim Nogotkov: Nogotkov is the founder and the chairman of Svyaznoybank, a Russian retail company. Previously he founded PandoraTs Russian franchise in Moscow.
PartnersRipple: PlatioTs partnership with Ripple enables the project to use RippleTs xVia for overseas transactions.
VerdictBelow is a breakdown of the risks and growth potential of Platio.
Risks No public working product as of the time of writing. (-2)
Growth Potential The team already has obtained UK and EU fiat and crypto licenses. (+4)
The proposed, all-in-one platform should satisfy most investorsT needs. (+2.5)
DispositionFor people who are not tech-savvy, it is hard to get into the cryptocurrency market, buying their first crypto-assets and storing them safely. Even if one is experienced enough, as there are not many platforms which provide all services sufficient for a smooth crypto-experience, it is a hassle to use several different exchanges to buy currencies and store them in different wallets. Platio provides an extensive range of services, aiming to become an all-in-one point of service for crypto-verse inhabitants. The Asset Guard product helps users to protect their wealth by pre-set conditions to process orders when they are met and allows them to send their tokens to a pre-determined person if their wallet is not activated for a predetermined period. The Smart Escrow product enables businesses and individuals to set success conditions, established between a buyer and a seller so that unless these conditions are met, their assets and products are kept in an escrow account safely. It is praiseworthy that the team has already obtained fiat and crypto licenses to work in UK and EU, meaning that once the platform is ready, they will not have any legal problem to launch it. The platform is designed to satisfy all of any investorTs needs, which is another important pro. Still, it is a source of worry that no working product is made public as of the time of writing. Platio receives a
4.5/10.Investment Details Type: ERC20 – Utility
Symbol: PGAS
Platform: Ethereum
Crowdsale: November 26th
Minimum Investment: Unspecified
Price: €0.20
Hard Cap: €34,500,000
Payments Accepted: BTC, ETH, DASH and EUR
Restricted from Participating: Singapore, the United States.