There are many factors to consider before investing in an ICO. In this ICO review, I am evaluating Uncloak.
Find out why Uncloak is a great ICO to invest in this ICO review!
Secure Site:
First things, first. Since Uncloak is about keeping cyber criminals out of your online business affairs, does it use the https protocol? (the “s” means secure).
Yes, it does: Uncloak’s website: https://uncloak.io
What is Uncloak:
The Uncloak business model stands head and shoulders above other ICOs that might be offering similar protection against cyber attacks, and one huge selling point is having a human element incorporated into their service.
Uncloak will use ethical hackers, AKA penetration testers, the good guys, to help businesses stay safer online. Ethical hackers find vulnerabilities in business systems, where automated scanning might not. Having the human touch adds huge value to Uncloaks’ ICO - and provide businesses, large or small, with the huge advantage of the human eye. This, in my opinion, is Uncloak’s USP and sets them apart from all other cyber security ICOs - using security experts to help resolve potential vulnerabilities and exploits in client systems. And what better way than to reward ethical hackers, than with the Uncloak UNC token. Their bug bounty community is scheduled to launch Q3 2018.
Not only are Uncloak providing ethical hackers, they will also use artificial intelligence (AI) to check public & hidden internet data for cyber security threats.
Plus - they will also incorporate a cyber security vulnerability scanning system that will make sure your business is compliant and also aware of any security problems your business might have.
Feasibility:
There is no reason why Uncloak’s idea wouldn’t work, as it combines the tested methodologies of automated scanning and penetration testing, bolstered by AI intelligence gathered from every corner of the web, both visible and dark.
Uncloak team:
Many employers not only use LinkedIn to advertise jobs but also use it to check out candidates and headhunt potential employees. Many ICO’s teams are featured on LinkedIn as well, and this is a good place to start, to carry out some simple research into team members. If you need more information, you could also perform a Google search.
The team behind Uncloak has a good balance of technical know-how, blockchain experts, and marketing.
Their founder and CEO Tayo Dada is a cyber security expert, with the following people filling the positions below:
Toby Abel: AI expert
Brendan Sturm: Blockchain developer
Jae Chung: Senior EOS Developer
Ola Dada: Community Manager
Claire Mclaughlin: Head of Marketing and Content
Advisory board members include:
Advisors include the recent addition to the Unlock team Asad Mahmood, AI and blockchain advisor
Hugh Chambers, cyber security advisor and
Tan Tran strategic investment advisor.
For more details about team members visit Uncloak.
Uncloak road map:
Uncloak road map, is detailed yet concise and clear. Here’s their road map:
- Q4 2016 - Development of CSaaS - “Cyber security as a service” application for customers to perform their own security checks
- Q1 2017 - Strategic Partnership formed with Adecco, the world's largest human resources firm to provide cyber security consultancy to public/private sector clients
- Q4 2017 - CSaaS renamed to Uncloak
- Q1 2018 - Strategic alliance formed with world leading artificial intelligence software developers
- Q1 2018 - Released white paper
- Q1 2018 - Building community and strategic relationships
- Q2 2018 - Uncloak UNC token crowd sale
Uncloak competitors:
Uncloaks’ main competitors are Qualys and Tenable, and to some extent, the open source OpenVAS vulnerability scanner. It is actually healthy and a positive to have competitors as for one, it proves that there is demand for the product and has a great business model.
The Uncloak Demo:
By now, you probably would like to see a demo of Uncloak. Great news - you can sign up here https://demo.uncloak.io/user/login for a demo.
Uncloaks news and updates:
Uncloak provide plenty of updates on social media platforms including Twitter, and Facebook. They also have some fantastic articles featured on Steemit and Medium - so be sure to take a look at those. Their admin team on Telegram is there to help you with any questions you might have. Overall you can clearly see that team Uncloak has plenty of experts in their fields, have a great marketing strategy and also a clear vision for the future.
Uncloak token distribution
Total tokens in circulation: 4,200,000,000 UNC
Blockchain: EOS
Token price: 1 UNC = $0.01 USD
Accepted currencies: ETH
Soft Cap: $6,000,000 USD
Hard Cap: $21,000,000 USD
Presale starts: 25th May, 2018
Presale ends: 25th June, 2018
ICO starts: 26th June, 2018
ICO ends: 3rd July, 2018
Unsold tokens will be burned.
Summary:
Uncloak ticks all my checkboxes for an ICO worth investing in. Of course, if you have any further questions, join their Telegram group here:https://t.me/uncloakio
Very few genuine ICO’s out there (unlike Uncloak) offer a truly unique and original project idea - I’m not saying it’s not possible, but be mindful of these ones, as there’s usually some reason it’s not been brought to market before! Also, be aware of white papers that have all the whistles and bells, but have very little substance, don’t answer the obvious questions, are vague, patchy and lack any real vision - unrealistic goals.
If you have other ways to check for a good ICO, please leave your comment below - I’d love to hear your thoughts.
Disclaimer: Don’t forget to read Uncloak white paper for yourself. My advice is to always do your own research before investing.
I do not work for Uncloak.
For more information visit Uncloak’s main website: https://uncloak.io/
Uncloak Telegram channel: https://t.me/uncloakio
You can read the Uncloak white paper here: https://whitepaper.uncloak.io
Uncloak on Steemit: https://steemit.com/@uncloak
Uncloak on Medium: https://medium.com/@Uncloak.io
Uncloak on Reddit: https://www.reddit.com/user/uncloakio/
Twitter: https://twitter.com/uncloakio
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