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#Blockchain All projects

Filotech: A Ecosystem Connecting Service Providers

A decentralized peer to peer platform facilitates relationships between Service Providers and Consumers.

stage Ended crowdsale

2.5 Rating

by 6 users


    KPLs

    • Employees7

    Team

    4
    man Mr. Jason Tan

    Founder and Director

    Mr. Jason Tan makes crucial decisions and leads the FILO project and team. He has more than 20 years’ experience in the Shipping & Logistics Management, Consumer & Industrial Hardware, F&B and E-commerce Trading. He witnesses the transition of the traditional mass operating business environment and sees the need for urgent technology interaction for mass and specialized services.

    man Mr. Lim Haowei

    Development and Operations Manager

    Mr. Lim leads the development and the Operations Teams. He is responsible for managing all aspects of technology operations and develops user’s data grow with analytics solutions. He formerly served in SAF as a Major involved in strategic planning and Human
    Resource Management that include talent management, succession planning and deployment.

    man Ms. Teng Lai Fong

    Development Officer

    Ms. Teng is responsible for screening all drivers and service providers to ensure full compliance with authorities.

    man Ms. Loh Meiqi

    Business Development Officer

    Ms. Loh is responsible for FILO’s brand awareness locally and in the region. She will also be monitoring the regional data traffic and develop service solutions.


    Advisors

    3
    man Mr. Isaac Yeap

    Advisor

    Mr. Isaac has over 8 years of experience in finance and business. As an independent financial practitioner, he has served many clients who are impressed with his level of service and quality of advice. With his help, FILO will be able to achieve clarity in the financial goals.

    man Mr Ong Kai Min

    Advisor

    Mr. Ong graduated with a bachelor’s degree in computer engineering (2nd Upper Hon) from the Nanyang Technological University with exchanges in Georgia Institute of Technology (USA) and Peking University (China). With more than 15 years of business and banking experience, he also helms the position of CEO, OKM Holdings Pte. Ltd. which is involved in 8 different businesses.

    Linda Law

    Advisor


    Press




    Crowdsale details

    Distribution of tokens
    • Crowdsale (30%)
    • Company (25%)
    • Team (5%)
    • Private Investors (20%)
    • Consultant (15%)
    • Airdrop (5%)
    Details Indicators
    Token Symbol FILO
    Full Token Name FILO Token
    Pre-crowdsale Start September 1st, 00:00 GMT+03:00
    Pre-crowdsale End September 30th, 00:00 GMT+03:00
    Crowdsale Start October 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or October 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $200000000
    Crowdsale Soft Cap Yes, $100000000
    Domain owner Individual

    Cost of the token

    1 token for 0.05 $

    Price without discounts

    Bonuses

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    30% September 01 — 30, 2018

    Accepted currency

    • Bitcoin
    • Bitcoin Cash
    • Ethereum
    • Litecoin


    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

    6
    William Anderson August 30, 2018
    Rating of project
    2.8

    Advantages

    Different countries are involved in the country's expansion and market plan which will enable it recognise an international market. To boost the awareness sector involvement of the press is an outstanding move to ensure this is dealt with.

    Risks and disadvantages

    I think it will be more compelling if more advisors are involved in the projects decision making. It's also quite evident that the core team members involved in the project are not well versed with internet marketing which will give a hard time to administer to this entirely based online from of business.

    Comments

    This is a startup worth of investment and ill have a bright future if the specifics and necessities are taken into consideration.

    Jordan Semanda August 26, 2018
    Rating of project
    2.5

    Advantages

    This project will be spreading its wings across borders this is going to give it autonomous capabilities to get a vast market and also make it realise more profits that will enable it sustain itself in the market. It is a good thing the the token will have distributed vale this is backed by the possibility for it to be matched with over four cryptocurrencies that can be used in its exchange.

    Risks and disadvantages

    Incentives are important as it is the very first way of being compitive in the market but in the case of filotech this hasn't been considered which is goin to create a limit to the number of people to participate in the crowd funding processes.

    Comments

    Not many ICO projects have the press associated with them, so this puts this project a t advantage of creating a good and reliable image in the face of the public with the help of the press and media channels involved.

    Anne Bryn August 26, 2018
    Rating of project
    2.5

    Advantages

    The company has a startup capital of $50,000, which comes from the founder's own pocket and investors. Filo token is supposed to be listed on several exchanges, such as Cryptobarterhub.com, Cryptozodiac.org and DS.exchange, so investors will have a variety of possibilities after the end of token sale.

    Risks and disadvantages

    I would like to see more information about centralized ride-sharing apps, that were already launched. For how long it operates, what is the revenue and how many people already used it. There are so many plans... I can't imagine how the team will manage to execute all of them.

    Comments

    The startup has several publications in press and it is rated by several companies. At least that means that it is developing and promoting itself, it spends its own money, so I think this is definitely not a scam.

    James Young August 24, 2018
    Rating of project
    2.5

    Advantages

    The strong point is that the Team propose a comprehensive solution which supposes to solve very relevant issues. From the availability of payment methods, it's good that there are many types of currencies available for payments which make investors more flexible.

    Risks and disadvantages

    Considering the relevance of the issue, it's quite a challenging area, as there is no live solution at the moment, just a concept. At the same time, I know a few providers which are represented on the market for a considerable amount of time. So I am a bit sceptical regarding Team plans on the project development and competing with other providers.

    Comments

    The concept is obviously actual but the Team need to consider some other options to provide to customers in order to attract investors, as currently, the project looks very high-level without specific/unique facilities.

    Sofia Medda August 24, 2018
    Rating of project
    2.3

    Advantages

    The main idea of the project (to connect drivers and passengers) is good. I think it's worthy to develop. Target audience is big. Goals for further development are relevant as well. If realization is successful, many users can join.

    Risks and disadvantages

    The roadmap informs us about the project's goals, but there is no information about how these goals will be achieved. And the same with the Whitepaper.

    Comments

    I'd say that this project consists of many projects, none of which is presented properly. There is no reliable strategy of development, no marketing strategy. Token economy is not explained in detail.

    Denys Serhiichuk August 11, 2018
    Rating of project
    2.3

    Advantages

    There is a system of bonuses, when people can get more tokens, if they invest at the early stage of the tokensale. In addition, investors can use different assets (Ethereum Bitcoin, Bitcoin Cash and Litecoin).

    Risks and disadvantages

    There is no MVP, so it is difficult to get the overall idea of the project. Thus, there are no partners. Marketing could be better performed. For example, nothing mentioned about Bitcointalk thread.

    Comments

    Overall, I would not suggest the following ICO for investing. It looks that the team just want to raise money without the clear willing to develop the project.

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