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ICO review: TokenStub - decentralized, secure and low cost event ticketing marketplace




Today we will review another ICO. It is an ICO of decentralized ticket marketplace with low commission and additional costs. The name of it TokenStub. Let`s move on directly to the team. Oh, before that let us review the key dates. So the ICO was announced on August 6th, the presale started on August 18th, today the ICO starts and then the revolution begins. Let's see who will do this revolution. This team got a very interesting combination cause the second person mentioned is a lawyer. They do not have any links to their linkedin profiles. When I searched for Sean McHale I got around 40 results and none of them looked like him. Too bad.
Let`s jump to the white paper and review the Crowdsale details. They are planning to create 200 million stubs which is their coin. They are planning to raise 15 million. So they have a hard cap which is nice to know how much money you are planning to spend.
And this is where the money will go: half of it will go towards development, 23% for marketing, 2% fro accounting, 15% for consulting and 10% for legal issues.
The road map. This year they are planning to launch their wallet. Then in the beginning of next year their platform. After this in the second quarter of 2018 iOS and Android wallet. Then iOS and Android ticket application. So looks like they have a year of development and then they are planning to do the marketing.
Good luck guys.
Lets review their facebook. They got 78 people following. Not much. And they started the facebook page in the beginning of August. Their twitter is a bit better. They got 804 followers.
The other thing I notice they got an unanswered question on bitcointalk forum from one of the bounty team members.
So far the project looks nice. Does not look like the project has an MVP.
Another thing I want to show you is how you can understand if the team did a good job on visualization of their project on the website. I call it Chinese test. You just switch to Chinese or whatever language you do not understand and see what can you understand about the project. This team passes the test only with their faces. The chinese test does not help me understand what the project is about. A bit more visualizations, illustrations might help. Something that will help to visualize how the tokens will be used or how the tickets will be sold.
Anyways we wish this team good luck. Leave in the comments if you will invest into this project or not and why? See you in the next videos.

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