Dock.IO — A Fair Review

in #cryptocurrency8 years ago (edited)

Dock.IO has received a lot of attention due interest/investment from multiple Investment Funds.

What is it?

Linkedin on the blockchain. A decentralized data exchange protocol used for exchanging work experience, reviews, & professional connections.

Why is it necessary?

Users normally are confined to one site to hold their data (Linkedin, Upwork, etc.) & it is not easily transferrable. Using blockchain technology solves that.

Token Type & Purpose

Tokens are used as a currency for Partners/Platforms to pay to access user data. Users’ control who has access to the data. These partners/platforms also pays tokens to each other to utilize each other’s data. After the first time data is shared, any additional tokens paid for it are burned immediately.

Partners/Investors

Partners: Fund Request, Remote.com (2.5M Users), SmartRecruiters (12M Users)

Investors: Passport Capital, Digital Asset Fund, DCH, 1KX, Connect Capital

Team (12 Members)

Founder: Serial entrepreneur- Owner of Remote.com

Ivy School/Notable Prior Companies: No

Advisors (4)

Partner of Investment Fund, Two members of 1KX

Coin Price

$.067/Coin

Discount/Bonus

Minimum $200K. No personal cap.

50% Bonus for Private Sale. 50% of coins locked-up for 4 months.

Must communicate with management to participate. 24 hour Deadline.

Hardcap

$20M USD (Pegged to USD)

Includes Private Pre-sale & Public sale

Total Supply

1 Billion Tokens

Initial Circulating Supply (Assume sellout of Private sale)

510 Million Tokens

Deadlines

Private Sale: Now, Within 24 hours

Token Sale: 2/21; Whitelist Opens: 2/8

Hype

Telegram Members (As of 1/26): 13,726

Twitter Followers: 5,942

Positives/Negatives:

Positives: Big Team (Real/Not consultants), Team worked together for years, App currently available, Popular, Genuine use and need for blockchain Good Admins in Telegram

Negatives: Bad advisors (Just the institutional investors), Token idea is iffy, Private sale lock-up

Website: https://dock.io/
My Twitter: https://twitter.com/tgrimaldi7

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