Deconet ICO Review

Deconet

Deco.Network is a marketplace built on top of a decentralized smart-contract

Deconet Score



Deco.Network marketplace built on a decentralized registry and repository and requisite dashboard to enable developers to list their modules, packages, APIs, and projects and for companies and other developers to access and pay for code. Deconet Token (DCO) will be used as a utility (curation) token inside the network there by creating a value on the network. Deco.Network will also use smart contracts to funnel funds to contributors.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Defined max supply tokens. – Testnet available. – The default & recommended license would be the GNU General Public License. However, module creators are free to apply any license they like. – Referral system- DCO holder can invite other module creators and earn referrral tokens. – Good team and partners.

red flags

– Do they really need a new DCO token? Deco has justified the reason stating- (i) control over the distribution of tokens (ii) raise funds for the ecosystem (iii) token value for the early adopters and evangelists. – The marketplaces for code attempted in the past have had limited success. – Full token metrics unknown. (on the day of writing this)

Deconet
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Very High – Dispatch Labs CEO & Co-founder of Ethereum Alliance.

TEAM SCORE

Unknown

Medium to High – CEO doesn’t have blockchain experience but the core team members have good background.

HYPE SCORE

Unknown

Low – There is still low hype on this project as it is not in the influencers limelight yet – we have to wait and watch.

TOKEN SCORE

Unknown

Unknown – The actual divide is not yet known, however they will mint 1,000,000,000 tokens- 100% of the tokens. – No further tokens can be created- max supply remains at 1,000,000,000.

CONCLUSION

Deco.network is coming to the party with a new concept in relation to blockchains & is nicely structured with concepts planned clearly, but the adaptability of the ecosystem is a big question mark as it solely depends on the number of developers on the network and how they will be onboarded (in the whitepaper it is is said- bootstrap the network by creating extra incentives for module creators), quality of the code available in the ecosystem and how unique it is when compared to the open source code. Perhaps, would be great if Deco can release a full marketing strategy on their plans to onboard devs. We will most likely sit on the backseat in the Deco.network system, may be until next year?

8.5

ADVISOR

4.5

TEAM

1.4

HYPE

4.2

TOKEN

marketplace

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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