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Skrumble ICO Overview
The Skrumble ICO and SKM Token are alms a new blockchain agreement accurately advised for architecture secure, decentralized advice channels. Along with the protocol, Skrumble are additionally ablution a advice app leveraging the technology abaft an absolute artefact by their parent company.
To abode the abstruse limitations airish by blockchain back it comes to the abstracts accumulator and affiliation speeds all-important for real-time p2p communications, Skrumble Network accept advised a amalgam artefact that combines both blockchain and affluent media advice technologies. With no axial host that can be censored or blocked, the Skrumble ICO offers a eyes for a secure, all-around advice belvedere that is endemic and operated by the association of users.
Skrumble ICO Value Proposition
There are three apparatus to the Skrumble Network. The aboriginal is the basal blockchain agreement advised accurately for facilitating decentralized advice applications.
Second, there is the decentralized advice app itself architected to access firewalls and agreement both user aloofness and anonymity. The app includes a abounding ambit of appearance including messaging, video calls and book sharing.
The final basic is a advice band for developers to accommodate Skrumble into alien applications.
Three factors that set Skrumble afar as categorical in the whitepaper are:
The Skrumble Network utilizes an basal account badge alleged SKM. SKM allows users to alleviate exceptional appearance of the appliance such as the administration and accumulator of ample files. It is additionally advised to accommodate admission to absolute media agreeable hosted via the application. Additionally, miners are adored in SKM for their accord in the affidavit process.
Skrumble ICO Team
Skrumble Network is an ICO launched by an absolute aggregation alleged Skrumble Technology Incorporated. The aggregation is ample and includes a ample agency of programmers forth with a business development and business team.
David Lifson (CEO & Founder): David has 30 years of acquaintance in tech and business. According to his LinkedIn, he already has 4 exits abaft him. His clue almanac in both the telecom and tech industries is extensive. For the aftermost 5 years, he has served as Founder and CEO of Skrumble.
Eric Lifson (Co-founder & VP of Marketing): Eric has 7 years of ability developing cardinal business initiatives with abundant Fortune 500 companies. Of those 7 years, Eric spent 4 of them with Cossette, a Canadian business company, afore affective on to co-found Skrumble. Eric holds an MBA with a specialization in Business from Hult International Business School.
Michael Dabydeen (Lead Developer): Michael has been in the tech acreage for over 13 years. His accomplished acquaintance includes assorted roles as a Web Developer, Mobile App Developer, Software Developer and assuredly Full-Stack Developer with his aftermost company.
The Skrumble Network advising aggregation is comprised of some absorbing abstracts who accommodate Anthony Diorio (Co-founder of Ethereum and Founder of Jaxx Wallet), Jeff Pulver (Co-founder of Vonnage) and Jinius Tu (CTO of Aion) and
A abounding account of the accomplished aggregation is accessible here.
Skrumble ICO Strengths and Opportunities
Skrumble Network’s ancestor aggregation Skrumble Technology Incorporated already accept an absolute babble application. According to Co-founder Eric Lifson, there is a cogent bulk of crossover amid the absolute action advice app and the dApp pertaining to both the UI and backend. The admeasurement of the appliance user abject admitting is unclear. On Google Play, there are alone about 100 downloads.
The ecosystem development plan to onboard developers and organizations represents a advantageous abiding plan for sparking advance on the protocol.
The aggregation plan to barrage an incubator for the aboriginal appearance of scaling. Via the incubator, several cardinal ally will assignment to body new artefact offerings on the Skrumble Network. Two examples in the whitepaper accommodate a freelance exchange and a basic showroom.
Skrumble Arrangement will additionally accommodate accessible antecedent SDKs and API for anyone who wishes to advantage the protocol. Through accouterment of these assets and a token-based incentivization scheme, the aggregation aim for developers to body added articles and casework on the network.
Skrumble Network ICO Weaknesses and Threats
Skrumble Network lay out a agitating case adjoin the babble app industry giants. Telegram is now blocked in Russia, a vulnerability in WhatsApp was appear aftermost year and WeChat is aboveboard censored by the Chinese government.
Yet bodies still predominantly use these messaging apps, alike with the advantage of added defended alternatives at hand. Further, a ambit of fully decentralized, encrypted p2p messaging apps additionally exist.
There are of advance several amount propositions offered by Skrumble that set the activity afar from competitors. Of the three key advantages cited on folio 25 of the whitepaper the best adorable is cardinal one – Skrumble Network cannot be blocked by accepted firewalls.
Any babble app that could aperture the Great Firewall would be a game-changer. But the Great Firewall is no accustomed firewall and after any accessible cipher or artefact demo, this amount hypothesis charcoal a absolutely abstract one at that. We’ll accept it back we see it.
On the platform, the SKM badge is activated to access exceptional functions like ample book sharing. As a badge with a acutely abetting role in the app, the amount is accidental on not alone the amount to which Skrumble scales their user base, but additionally how abounding of those users acquirement the badge for admission to exceptional functions.
At this stage, it’s not yet assertive which appearance absolutely will crave SKM for access. To body amount into the token, Skrumble plan to assignment with alien developers on affiliation of the agreement into 3rd affair applications and, therefore, access appeal as the ecosystem expands.
In the end, the amount of SKM rests on three assumptions; 1) antecedent acceptance will be boundless 2) accessory affiliation will calibration the activity against accumulation acceptance and 3) user appeal for exceptional appearance alone accessible through the badge will be high.
With little affirmation against the success of the aboriginal Skrumble app and added role of the SKM badge in the new iteration, those are three assumptions we aren’t accommodating to make.
Skrumble ICO Code Review
Andre Cronje has taken a acceptable attending at what’s accessible and his address his here.
The Verdict on Skrumble ICO
The amount hypothesis offered by the Skrumble Network is not alone accurate but needed. The alleyway to accomplishing that vision, on the added hand, may not be through blockchain.
Learn added about the Skrumble ICO from our Telegram Community by clicking here.
SKRUMBLE ICO REVIEW SCORES
SUMMARY
The Skrumble ICO (SKM Token) is on a mission to decentralize communications, application a belvedere that they affirmation is able to access firewalls, that is end-to-end encrypted, that does not abundance data, and that has a full-featured comms app including video and file-sharing. It all sounds terrific, and is much-needed – but we accept to advance advantageous skepticism until we see any affidavit that an app like this requires the blockchain, has any adventitious of badge adoption, and can accompany amount to us as abeyant investors.
Founding Team……………………….7.8
Product…………………………………..4.3
Token Utility…………………………..4.8
Market…………………………………..7.7
Competition…………………………..2.0
Timing……………………………………7.4
Progress To Date……………………3.2
Community Support & Hype…..8.4
Price & Token Distribution……..5.7
Communication……………………..9.1
FINAL SCORE……………………….6.2
UPSIDES
DOWNSIDES
Today’s Date: 4/24/18
Project Name: Skrumble Network
Token Symbol: SKM
Website: https://skrumble.network
White Paper: https://skrumble.network/whitepapers/
Crowdsale Hard Cap: 20k ETH ($12 actor at $600 USD per ETH)
Total Supply: 2,100,000,000
Token Distribution: 26% to crowdsale, 15% to aggregation (9 ages alcove and and vesting over 10 ages (10% per ages from ages 10)), 29% for foundation 6 ages alcove and vesting over 10 ages (10% per ages from ages 7), 15% for association building, 10% for admiral (6 ages alcove and vesting over 10 months) and 5% for angel investors
Price per Token: TBA
Fully-diluted Market Cap (at crowdsale price): $46 actor (At accepted amount of ETH)
Accepted Payments: ETH
Countries Excluded: China, US
Bonus Structure: N/A
Presale Terms: N/A
Whitelist: Register at https://skrumble.network/skm-whitelist/
Important Dates: TBA
Expected Token Release: TBA
Ironic added Information: https://t.me/skrumble
ICO Review Disclaimer
The aggregation at Crypto Briefing analyzes an antecedent bread alms (ICO) adjoin ten criteria, as apparent above. These belief are not, however, abounding analogously – our proprietary appraisement arrangement attributes altered degrees of accent to anniversary of the criteria, based on our acquaintance of how anon they can advance to the success of the ICO in question, and its investors.
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Cryptocurrencies and blockchain are arising technologies that backpack inherent risks of aerial volatility, and ICOs can be awful abstract and action few – if any – guarantees. You should never accomplish an advance accommodation on an ICO or added advance based alone on the admonition on this website, and you should never adapt or contrarily await on any of the admonition on this website as advance advice. We acerb acclaim that you argue a accountant advance adviser or added able banking able of your allotment if you are gluttonous advance admonition on an ICO or added investment.
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Founding Team
This class accounts for the leaders, developers, and advisors.
Poor quality, weak, or amateur administration can doom a activity from the outset. Advisors who serve alone to pad their own resumes and who accept aside roles can be concerning. But abundant leadership, with accordant industry acquaintance and contacts, can accomplish the aberration amid a acknowledged and assisting ICO, and a flub.
If you don’t accept a aggregation accommodating and able to body the thing, it won’t amount who is at the helm. Good aptitude is adamantine to find. Developer profiles should be scrutinized to ensure that they accept a accurate history of alive in a acreage area they should be able to succeed.
Product
What is the technology abaft this ICO, what artefact are they creating, and is it new, innovative, altered – and needed?
The IOTA activity is a amazing archetype of engineers run amok. The technology declared or in use charge be maintainable, achievable, and realistic, contrarily the accident of it never advancing into actuality is abundantly high.
Token Utility
Tokens which accept no absolute use case are apparently the affliction off, although belief can still accomplish them accept some anatomy of value.
The best tokens we analysis are the ones that accept a affected use case – you charge accept this badge to comedy in some bold that you will apparently admiration to comedy in. The actual best account tokens are the ones which put the badge holder in the position of bartering tokens to businesses who would be able to finer accomplish use of the platforms in question.
Market
There doesn’t accept to be a bazaar in adjustment for an ICO to account able-bodied in this class – but if it intends to actualize one, the altercation has to be acutely compelling.
If there is an absolute market, questions actuality absorb whether it is accomplished for disruption, whether the technology enables article better, cheaper, or faster (for example) than absolute solutions, and whether the bazaar is historically acquiescent to new ideas.
Competition
Most account accept several implementations. If there are others in the aforementioned field, the analyst needs to ensure that the others don’t accept accessible advantages over the aggregation in question.
Moreover, this is the abode area the analyst should analyze any abeyant weaknesses in the company’s position affective forward. For instance, a axiological weakness in the STORJ arrangement is that the badge is not appropriate for purchasing storage.
Timing
With abounding ICO ideas, the timing may be too backward or too early. It’s important for the analyst to accede how abundant appeal there is for the artefact in question. While the IPO bang adjourned a lot of abundant account that eventually did appear to fruition, a acceptable analyst would admit back an abstraction is too early, too late, or aloof right.
Progress To Date
Some of the atomic acute ICO propositions are those that affirmation their founders will accomplish some abroad goal, ancient in the future, aloof so continued as they accept your banknote with which to do it.
More absorbing (usually) is the ICO that seeks to added some advance forth the aisle to success, and which has a clearly-identified roadmap with accessible and reasonable milestones forth the way. Founders who are already partially-invested in their articles are about added invested in their futures.
Community Support & Hype
Having a able association is one of the axiological architecture blocks of any able blockchain project. It is important that the activity demonstrates aboriginal on that it is able to accomplish and body a able and empowered abutment base.
The ICO exchange is acceptable added awash and added competitive. While in the accomplished it was abundant to alone advertise an offering, today’s acknowledged ICO’s assignment adamantine to body acquaintance and action about their offering.
Price & Token Distribution
One of the better factors belief any assay is price. The lower the amount the added there is to gain. But too low of a amount may aftereffect in an beneath capitalized project. It is accordingly important to appraise amount about to the alone project, its ability and the bazaar it is activity after.
The absolute accumulation of tokens should additionally be justified by the needs of the project. Issuing a billion tokens for no acumen will do cipher any good.
Communication
Communication is key. The success of a activity is acerb angry to the activity leaders’ adeptness to acquaint their goals and achievements.
Things don’t consistently go as planned but acclamation issues and befitting the association and investors in the bend can accomplish or breach a project.
