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#Blockchain, #Technology All projects

CAREONchain: Decentralized vehicle platform

Unites all the research work from throughout the world & provides the best of it to automotive sector manufacturers

stage Ended crowdsale

2.5 Rating

by 5 users


    KPLs

    • Employees14

    Team

    8
    man Himanshu

    Co-Founder & CEO

    Has a long historyl of success in online and offline business. An expert in bringing offline business online. Skilled in management, start-ups, leadership, business development, and business strategy.

    man Tushar

    Full Stack Engineer & Product Development Manager

    Lead mechanical engineer with passion for new technology in field of automible sectors. His passion for its has led to the idea of applying the blockchain to solve problems research and development in automotive sectors. He is disrupting the automobile research and development market and making roads safer for all by trying to make whole world act as a research centre in for hybrid vehicle technology.

    Akshay R.

    Development Team Lead

    Pratik H.

    Marketing Team Lead

    Sachin B.

    Blockchain Developer

    Rupali P.

    Frontend Developer

    Yaman T.

    SEO Analyst

    Kuldeep T.

    SEO Analyst


    Advisors

    6
    man Amit Kumar

    Business development Advisor

    He has 6+ Year work experience.As an integral part of the Ericsson SRF Project Team responsible for - -- Interaction and discussion with clients and other stakeholders of projects

    man Raj Karmakar

    Advisor and IoT Solutions Engineer

    overall experience in IT fields, analysis, design and development in both Java-based and Ruby-based web and enterprise applications. Has 3 years of experience in creating and executing SEO strategy in automotive, blockchain and construction industry fields in germany.

    man Mark Brook

    R&D ADVISOR

    Researcher and Devlopment specialist . specialist IN automobile OPERATIONS FOR BUSINESS UNIT. Has key role in research and development work for many business unit and their program management.

    man Kunal S.C

    FINANCE ADVISOR

    Adequate knowledge regarding the relation with finance and other management arrays like marketing, sales support, procurement, human resources, logistics. Done extensive Researches on various measures of financial analyses. Have over years of experience and the capacity to adopt new concepts with due responsibilities. Maintenance of accurate financial records and ability to prepare clear and accurate reports for informational, auditing and operational use.

    man Sheo.K

    Advisor

    Sheo is an entrepreneur, social impact investor, humanist, philanthropist and online marketing pioneer, legendary for developing and patenting the double opt-in email methodology.successful in more than 10 other fields . experience in marketing and advertising with over 10 years in Automotive marketing




    Crowdsale details

    Distribution of tokens
    • Crowdsale (70%)
    • Management Team (8%)
    • Partnership & Early Adopters (10%)
    • Board of Advisors (4%)
    • M&A Expansion & Buyback (3%)
    • Bounty, Referrals, Community Building (5%)
    Details Indicators
    Token Symbol REO
    Full Token Name Careonchain
    Pre-crowdsale Start July 14th, 00:00 GMT+03:00
    Pre-crowdsale End August 14th, 00:00 GMT+03:00
    Crowdsale Start August 15th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or October 15th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $20000000
    Crowdsale Soft Cap Yes, $2000000
    Domain owner Individual

    Cost of the token

    1 token for 0.24 $

    Price without discounts

    Discounts and Bonuses

    Pre-crowdsale
    Discount Dates Minimum purchase amount
    63% July 14 — 20, 2018
    60% July 21 — 27, 2018
    55% July 28 — August 03, 2018
    50% August 04 — 10, 2018
    Crowdsale
    Bonus Dates Minimum purchase amount
    50% August 15 — 21, 2018
    45% August 22 — 28, 2018
    40% August 29 — September 04, 2018
    35% September 05 — 11, 2018
    30% September 12 — 18, 2018
    25% September 19 — 25, 2018
    20% September 26 — October 02, 2018
    15% October 03 — 09, 2018

    Accepted currency

    • Bitcoin
    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    5
    Jordan Semanda July 13, 2018
    Rating of project
    2.5

    Advantages

    A wider base for interaction is created for the parties involved this gives them a higher chance of getting a wider market which makes the project more profitable. Major currencies are used in the purchase of tokens which reduces on the risk of loss since the token has distributed value.

    Risks and disadvantages

    Awareness of the project and giving of positive review about the project is going to be affected by the projects luck of a press team. Budget allocation has not been catered for this brings doubt about the founder team.

    Comments

    Priority should be given to the community members and investors so that the rate of their outflow is decreased in the long run making the sustainability of the project durable.

    William Anderson July 09, 2018
    Rating of project
    2.8

    Advantages

    The percentage allocated to the crowdsales shall enable the project reach its desired hard cap because it is giving opportunity to many investors to join the project. The digital currencies accepted on this platform are prominent and of much value this will support the increase in value of the token.

    Risks and disadvantages

    Involvement of many investors can be an obstacle in future development as investor outflow and inflow might be rampart. In a case where the team hold a small share of tokens this is not a good thing on the part of investors because the team can decide to put their tokens on the exchange and then abandon the business

    Comments

    In all cases a good token economy should have a relatively large token share for the founder members this proves their loyalty to the project and and motivates more invesrtors to invest.

    Sofia Medda June 28, 2018
    Rating of project
    2.3

    Advantages

    REO token will be the only form of cryptocurrency used on the platform. Users will need REO tokens in order to be able to trade on the CareonChain network. Tokens, which belong to the team will be subjected to a vesting period of 1 year, tokens which belong to the reserve fund will be subject to a vesting period of 2 years.

    Risks and disadvantages

    Offering deep discounts during ICO and Pre-ICO is a good way to attract more investment, but at the same time it opens the door to speculations on the market.

    Comments

    I think a more elaborated roadmap is needed, because it's a good way to present the most important information about developing and executing of the project. If the team choose a successful marketing strategy, it will be a significant advantage. I would also recommend to create a proper presentation of most important advantages of the product itself.

    Denys Serhiichuk June 28, 2018
    Rating of project
    2.2

    Advantages

    The main document - Whitepaper has several versions: usual one and One Pager, where the basic peculiarities are outlined. Another advantage concerns taking part in crowdsale. People can use not just only Ethereum but Bitcoin as well.

    Risks and disadvantages

    Roadmap is described quite poor. It has only few steps of platform development and based on it, it is not clear how the team is going to develop the project. In addition, there is no alpha or demo version.

    Comments

    Just adding blockchain will not make any project more successful. The project does not have any partners, which ought to be, as the team focuses on hybrid cars. Overall, I would not recommend the following ICO in terms of investing.

    Anne Bryn June 27, 2018
    Rating of project
    2.8

    Advantages

    The project has 21000 followers on Twitter account. Bonuses will be given to ico-participants it will help to attract more attention to ico-campaign.

    Risks and disadvantages

    The project has no video presentation. The application will be launched in a year and that is a long time.

    Comments

    The founders were successful leaders in the advertising world, so we can expect that they will be able to make a successful ICO campaign. I think creating partnerships would be an important achievement for the project. And probably the team should revise their deadlines, I'm not sure they have so much time for the execution.


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