Carry Protocol ICO Review

Carry Protocol

Carry is a platform that connects merchants, advertisers and consumers

Carry Protocol Score



Carry Protocol comprises of two major parts, blockchain itself & an API- blockchain is used for the smart contracts and as a transaction database and the Wallet and Device APIs are exposed for 3rd parties consumption. In short, Carry is trying to create an ecosystem for merchants, advertisers and consumers.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Backed by Hashed. – Spoqa is a partner. So Carry is set to be used in 10,000 stores across Korea. – Good real world use case which can get adopted quickly if done properly.

red flags

– Unknown hardcap. – H2 2018 before a mvp comes out. – Looking at Q1 2019 for wallets. – Looking at Q2 2019 for devices. – Devices are out only next year, PundiX would have rolled out & captured the market by then although PundiX are not doing an ecosystem like Carry for now. – Co-founder linkedin link broken on the site at the time of writing.

Carry Protocol
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Medium – 2 Hashed advisors and the other one doesn’t look related to Blockchain.

TEAM SCORE

Unknown

Medium – All team members have linkedin. – Cannot find anyone with blockchain experience.

HYPE SCORE

Unknown

Medium – There isn’t a crazy hype at the moment but it is picking up slowly.

TOKEN SCORE

Unknown

Low to Medium – Hard to rate metrics now as the hardcap is unknown. (not given in the site or in the WP) – No reference to the lockups for partners, reserve, team and advisors tokens in the whitepaper.

CONCLUSION

In an quick summary, this is what Carry is aiming to achieve. Merchants – They can accept payments in virtual currencies & provide incentives to returning customers by creating custom branded tokens on smart contracts. Consumers – Pay using crypto and collect loyalty points for transactions. Advertisers – Free advertisements and access to use the payment data offline to more targeted marketing campaigns/adverts. Carry Protocol is surely a project to keep an eye on when they come out for Public-Sale as the user case that they are bringing out to the table sounds like a starting point for the crypto adoption for the everyday user.

8.1

ADVISOR

5.1

TEAM

1.5

HYPE

5

TOKEN

platform

CATEGORY

All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).

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