Seal Network: Project Overview
Hello, dear subscribers! In this article, I will present you an analysis of a rather interesting ICO called Seal Network , based on several criteria.
So, what is Seal?
Seal is a platform for authenticating and servicing block-based products. Basically, Seal is aimed at allowing anyone to confidently, quickly and economically verify the authenticity of the product that Seal is authorized to, and claim / transfer ownership of it through the Seal application. Seal technology is the use of NFC chips, which, after integration, connect the product with its digital analog on the block chain. This is done by simply clicking or scanning with any smart device through the Seal application. So, basically, you just scan the product and let Seal do the rest of the work for you!
ICO project
Pre-ico will start on 04/04/2018 and last 4 weeks, then ICO for 2 more weeks. Listing of tokens on stock exchanges is planned to take place shortly after the end of the ICO. Recently they also started a bonus program , so this can be a good opportunity to participate in the project if you think it's worth it. As always, please make sure that you conduct your own research before investing in any ICO / token.
IDEA
Seal Network aims to disrupt the counterfeit industry worth about 1 trillion US dollars , combining NFC chips and a block-chain. I think this is a great option for using blockchain technology, which can help significantly reduce the huge amount of counterfeit products that currently exist.
The hardcap of the project is pretty decent ($ 33,000,000) decent, given the size of the counterfeit industry, the bonus is not so high, so it's unlikely to fall off after listing on the stock exchanges, and I like the fact that the team has their tokens blocked during the first year and after that, is gradually endowed with a period of 3 years. This suggests that they are here in the long run and really want to make the project successful. In general, the road map has a long-term orientation and is full of good issues, which can lead to a gradual increase in the value of tokens over time.
Command
They have a superstar team with very good experience in such large companies as Dell, Microsoft, Nokia or Deloitte, but most importantly NXP , which is the largest supplier of NFC chips around the world! Their advisory board really stands out because the former vice president and managing director and chief information security officer of NXP join them, which can really affect this industry and prove to be a valuable competitive advantage. The team also participates in various blockchain conferences and is very active in Telegram, which shows that they care about investors and listen to their opinions.
What can we conclude?
Seal is one of the best ICO's of 2018, and I think it has a huge potential for destroying the industry of the contfitting! The only drawback is that there is a lot of competition in this space, but I believe that the team is able to fulfill its promises, and I am sure that the partnership relations that will be signed will transfer this project to another level! Seal Network is not just an idea, it already has a working product , and only need to focus on acquiring customers. They already have a deal with a famous Italian vineyard called "Gualdo del Re" with many others. With that said, I believe that the Seal network is a low-risk / high-reward project .
Website: https://seal.network/
Announcement: http://bitcointalk.org/index.php?topic=2929809.0
Whitepaper: https://seal.network/seal-whitepaper.pdf
Telegram: https://t.me/sealnetwork
Twitter: https://twitter.com/seal_network
Facebook: https://www.facebook.com/SEALnetworks
Create by: Babyshaun https://bitcointalk.org/index.php?action=profile;u=1123904;sa=summary