Blockcloud (OKEx IEO)
OKEx IEO

A Blockchain-based advanced TCP/IP Architecture providing constant connectivity for Dynamic Networks.

Blockcloud proposes an incentive-driven protocol for IoT services, architected for scalability and security, that will form the foundation of a viable ecosystem of interconnected smart devices. The protocol will include an application-layer overlay on top of the underlying network of connected devices, utilizing Service-Centric Networking (SCN). Truthful Continuous Double Auction (TCDA) is a mechanism employed to fairly distribute services, matching providers and subscribers automatically on the network.

Token is used for payments across the platform.

Blockcloud Review and Rating

8.4

Team and Advisory Board

8.8/10

Stage of The Project

8.0/10

Project Potential

8.9/10

Token-Use

7.8/10

Token Sale Terms

7.9/10

White Paper

8.0/10

Technology

8.3/10

Community

9.1/10

Pros

Advisory board and partners: Blockcloud enjoys the advisory of some world class figures in many relevant fields such as Oliver Hart, a Nobel Prize-winning economist. Roger Lim, one of the founders of NGC (NEO Global Capital), Hoan Soo Lee, an ex-Staff Economist at the Council of Economic Advisers in the White House. Also, they got the support of some prominent organizations such as Genesis Group (almost all the management board members were considered as advisors), NGC, Consensus Lab and many more.
Considering this project is being the first project to be launched on OKEx Jumpstart can result in excellent short-term potential.
Community: 29K on telegram and 8.2K on twitter. Also, this project enjoys a lot of attention since it is being launched at OKEx Jumpstart, and the OKEx user base is in a sense the community

Cons

30% Token allocation to the foundation seems pretty high. In addition, there is no information regarding the private sale terms which can be problematic.

Public Sale Ended

10 Apr 2019

Hard cap is unknown

Token: BLOC

Token type: Own Wallet

ICO price: 1 BLOC = 0.01 USD

Token Allocation: Not clear

Availability: CHINA, USA Can't Participate

Status: Whitepaper is ready.

IEO Rules:: To Participate, users must hold a minimum of 500 OKB for 7 consecutive days before the token sale subscription (Apr 4-10, 2019). For the Blockcloud token sale, we will take a snapshot of all users account at 11:00 (CET, UTC+1).

Accepted Currencies: OKB