Bradymck
commented
7 years ago This is very similar to two other proposals:
https://github.com/district0x/district-proposals/issues/82 https://github.com/district0x/district-proposals/issues/35
Open ITYANEHYRE opened 7 years ago
Bradymck
commented
7 years ago This is very similar to two other proposals:
https://github.com/district0x/district-proposals/issues/82 https://github.com/district0x/district-proposals/issues/35
Name:
Decentralized and Independent due diligence for ICO Investors
Short description:
This District will help us decide where to invest our next ETH.
Purpose:
to bring transparency and confidence to investors that are seeking to invest in blockchain projects. Community driven research specializing in Initial Coin Offerings and emerging tokens for all crypto markets.
So often we stand before the question “to invest or not to invest?”. I really ask myself the same question every time when I confirm my TX in my MEW: Should I? will I loose my ETH? Websites like icorating.com picoloresearch.com, crushcrypto.com have done an excellent job in helping to decide, I even learned to think a bit for myself and do some due diligence of my own. But still: they can cover only so much, and the intelligence they gather is of so great value that picoloresearch is doing an ICO of its own to become the intelligence gatherer for Astronaut, a new ICO investor. Picoloresearch will be available only for internal usage of that new company.
Did you try to sift through all of the listed ICOs in icorating.com or icocountdown.com? Impossible job, right? I made myself an excel sheet with some weighted criteria to rate and score, but that sheet does not hold more than 10 Companies and it mostly overlaps with picolo and crushcrypto.
ICO Analysis and Method
The District would apply a hybrid mesh of “wisdom of the crowd” knowledge merged with standard valuation methods and tools from venture capital and private equity valuation. This approach would allow the district to evaluate such ICOs in a unique way, analysing not just product and go-to-market strategy, but a focus on team track record, funding requirements, capital allocation and much more.
Synergies:
This district would provide valuable information that could be reused in other districts
Economic Value
This District would produce actual VALUE! Think of it: There are people and companies that actually do pay for it because this intelligence has intrinsic Economic value! I’m not saying we should monetize it, I wouldn’t even know how, but maybe we could think of a bounty system?
ITYANEHYRE 0x901b68e2099f83DCD6e443C86146969Ef837eD37