Quote from: rataplannetje69 on December 27, 2018, 11:26:21 AM

ICO Analysis: EndChain
Published on December 12, 2018
By Joshua Larson

Verdict
EndChain provides a complete and cost-effective logistics package that benefits all parties of the supply chain. While most utility tokens focus on high end goods, EndChain focuses on the low to middle market, an area that has been ignored for too long. EndChain is able to enter this market due to the ease and low price of our system compared to other utility tokens which focus on expensive NFC chips or manual entry.
The current blockchain solutions for the logistics industry wont work for the majority of goods. They are too expensive to mass produce, therefore, they focus on luxury goods such as handbags, diamonds, and art while the vast majority of market purchases are ignored. EndChain is working on a solution by making a cost-effective product that can be applied to all goods.

Risks
Ethereum Blockchain. -1
There is already a lot of blockchain competition, and all their token values are at all time lows right now. Demand is not currently here. -2
3% of their tokens will go to bounty/referrels. These bounty hoes usually just dump their tokens as soon as they hit an exchange. -1
50% presale bonus. Same thing as above. They will dump at the first sign of dumpage. -1
This will be really challenging to scale. -1.5
Unsold tokens may or may not be burned. When we asked them in Telegram, their response was, Once we got a concrete details, Soon we will be having an important announcement regarding that matter, stay tuned. -0.5

Growth Potential
The team has produced a very profession ICO, a patent pending scan system, and lots of work on GitHub. Heres their CEO giving a quick explanation on the work they have achieved so far. +2
Their uniqe QR code incorporates a barcode within the QR code. This allows users to scan the only code found on the packaging. Businesses that still use a legacy system can scan the embedded barcode. +3
2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. +4
They will give a percentage of ENCN tokens to tradition shipping companies for free, to recruit them to the blockchain. Once they see the benefit of EndChain, they will become valuable costumers. +2
One of the largest benefits of this system is that it can be done offline. Information isnt being downloaded, only uploaded, therefore it can remain in the system until its fully loaded, no need to wait to scan the next item. +3

Disposition
The team is strong, the whitepaper is professional, and the roadmap is realistically detailed. The goal is to launch the full version in Q3 2020. If they raise enough money in this token sale, we like their chances more than most. 7/10

Thank you for the honest review, it is always appreciated.

A few things to note:

1) Unsold tokens will be burned. We have hired a marketing team to help answer questions, we will be sure to inform them of this
2) We will be build in Ethereum in the beginning, but our long term goal is to make our own chain
3) We do not believe this will be challenging to scale, we have had multiple interested parties and we have just started

For those who are unfamiliar with this rating, it is very high for this author. You can check the review on hacked.com.