ICO Analysis: Unboxed Network
Published on October 21, 2018
By Joshua Larson
Proof: https://hacked.com/ico-analysis-unboxed-network/

Team
Tadas Deksnys Founder/CEO. Sold first venture at 18 . Build and sold a pet owner marketplace in 2014 before founding Unboxed.
Donatas Smailys CBDO. Was CEO of a startup incubator backed by the biggest tech university in Lithuania. Member of Digital Leaders group at World Economic Forum. Organizer of TEDxKaunas, public speaker. Executive manager of Lithuanian Startups Association
Dovydas Reinikevicius CMO. Founder of BeeMarketing, a digital marketing agency that did campaigns for big companies like Mcdonalds.
Vytenis Narusis CTO. Devbridge Group. Developed software for multinational multi-million revenue, organizations like Chicago Mercantile Exchange, Louis Dreyfus and Morningstar.

Verdict

The Unboxed Network is the only freemium platform that allows businesses to launch high quality and low-cost word-of-mouth campaigns within seconds. Here are some of their current and past clients.
Risks
Standard Ethereum risks. They do acknowledge this in their whitepaper, though: Due to the increasing supply and adoption of new Blockchains like EOS, Stellar etc. that could potentially offer the necessary functionalities in a more efficient and/or less expensive way, we may consider using alternative solutions to the Ethereum blockchain in the future. -1
Its very common for online companies, such as this one, that have been around a few years, to do an ICO for their new decentralized blockchain business. 99% of them have failed or are currently struggling. -1
The token use case is pretty weak and doesnt seem to stable. -1
The coolest part of their project, the oracles, arent even complete or operating at all yet. -3
Their roadmap is a joke. They already failed to deliver the oracles in early 2018. -2

Growth Potential
Brands pay 50% less per engagement: no middlemen, no fees, no management required. Increase your return on investment (ROI) on your social media spend.+2
According to their whitepaper, they are successfully operating in 10 markets, and already have a strategy in place for global expansion. They have researched and ranked countries based on a wide range of criteria and will be using their information to facilitate growth over the next 3-4 years.+2
There are no limits to the number of accounts a company can have or the number of campaigns they want to run. With Unboxed, scope is limitless.+3
Influencer marketing is booming because its so effective. According to Tomoson, businesses are making $6.50 for every $1 spent.+4
They have been around since 2014. And have a leg up on the competition. +3

Disposition
There is no doubting the effectiveness of influencer marketing. Can Unboxed actually create and implement their unique AI-powered oracle solution? Well, thats the million dollar question. 6/10
Investment Details
Symbol: NBOX
Platform: Ethereum
Total Supply: 750,000,000 (750m)
Price: $0.057
Hard cap: 382,500,000 Unboxed Tokens sold
Soft cap: 38,250,000 Unboxed Tokens sold
Presale: TBA, sometime Q4
Public Sale: TBA, sometime Q4

buiprognai

Posts

Merits