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#Lifestyle, #Advertising & Marketing All projects

Futourist: create, share and monetize your experience

Futourist is the first block-chain based review platform that rewards you for your content. You create reviews, share and get paid

stage Ended crowdsale

4.3 Rating

by 5 users


    KPLs

    • Employees14

    Traction

    August, 2017

    First round of Angel investments
    In August 2017, we received our first round of funding from Angel investors.


    Team

    8
    man Žiga Lukša

    CEO & Co-founder

    Inspired by unusual details and how things intersect, he has an ability to transform those intersections into something new. He is amazed by people who create all kind of content. His favourite quote is “The Only Thing That Is Constant Is Change” and this is why he believes blockchain will change the word.

    man Nino Kutnjak

    CTO & Co-founder

    Interest in variety of topics lead him to build deep interdisciplinary understanding of development, graphic design, marketing and everything that makes great brands tick. Believes best knowledge comes from books and working with great teams.

    man Arne Žabkar

    COO & Co-founder

    Excited by all the possibilities of blockchain. Loves reading about technology in general. A fan of podcasts and interested in discussion of numerous topics. Thrilled by the thought of humanity becoming a multiplanetary species. Believes people should focus on their own life and not compare it much to others – Everyone has their own path.

    Simon Bohlin

    Full Stack Developer

    Gorazd Rajar

    Product & Gamification

    Sean Timmins

    Full Stack Developer

    Maja Fister

    Head of Communications

    Anja Kohek

    Graphic/Web Designer


    Advisors

    6
    man Primož Kordež

    Blockchain Token Model Advisor

    man Michael Amy

    Former AI Consultant for the UN World food programme

    man Ram Dušić Hren

    Applied Mathematics

    man Tim M. Zagar

    Co-founder & CEO – ICONOMI

    man Alexander Vasylchenko, PhD

    Co-founder & CEO - Sofitto
    Former CTO - Mycelium




    Crowdsale details

    Distribution of tokens
    • Crowdsale (25%)
    • Community (45%)
    • Team (18%)
    • OpenHours (5%)
    • Future Partners (7%)
    Details Indicators
    Token Symbol FTR
    Full Token Name Futourist Token
    Pre-sale Start February 20th, 00:00 GMT+03:00
    Pre-sale End February 22nd, 00:00 GMT+03:00
    Pre-crowdsale Start February 22nd, 00:00 GMT+03:00
    Pre-crowdsale End February 27th, 00:00 GMT+03:00
    Crowdsale Start February 27th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or March 20th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 1000000000 tokens
    Domain registration date 2017-10-02
    Domain owner Registration Private, Domains By Proxy, LLC

    Cost of the token

    47000 tokens for 1 eth

    Price without discounts

    Bonuses

    Pre-sale
    Bonus Dates Minimum purchase amount
    8% February 20 — 22, 2018
    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    8% February 22 — 27, 2018
    Crowdsale
    Bonus Dates Minimum purchase amount
    5% February 27 — 28, 2018

    Accepted currency

    • 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
    Kate Konovalova April 01, 2018
    Rating of project
    3.8

    Advantages

    At this time, people make decisions based on feedback from other people, so this solution is interesting to attract more content. The technical document is professionally compiled, which shows the good work of the team.

    Risks and disadvantages

    After studying the road map, I recommend that you review and shorten the time, it is not known whether this solution will be competitive after a year.

    Comments

    From traffic, it can be seen that the interest of users in this project is growing. Companies will be able to see and improve their work.

    Jordan Semanda March 28, 2018
    Rating of project
    4.3

    Advantages

    The project provides a platform for many people to share their content on a large scale. The content creators will be encouraged to create more information on the internet since they will be earning from it. The direct statistics from the traffic show the positive out reach to many users. The project has an efficient and dynamic team. Many people on the platform will be able to get information about various reviews about items and places. The project keeps the users more engages through the rewards and badges which aslo helps get retention. The platform will provide more information to the tourists so that they enjoy their travel to a place they have information about. a variety of people will be able to share their honest views about certain products.

    Risks and disadvantages

    The ratio of FTR tokens to eth might affect the token value. Some content reviewers might end up being dubious and biased in the nature of reviews inoder to get more views and earn which will mislead people.

    Comments

    Many people share a lot of content on social media platforms which is valuable but have audience because of limited exposure this project will enhance the effective sharing of valuable information. the ad stats are relatively low which makes the awareness limited. Today the market of advertising relies more on influencers and by implementing this project its foreseeing the future which will see it to its success. And because most commercial ads are biased and persuasive this will be welcome to many societies.

    Denys Serhiichuk March 28, 2018
    Rating of project
    4.3

    Advantages

    Tourists can get paid for their comments of the places they have been to. The team has already working platform OpenHours. On its based, The team is planning to run the project.

    Risks and disadvantages

    There can be disputes about those people who will estimate the work done by writers.

    Comments

    Once the platform starts working, travelers won't just spend money during their trips, but can also make some, suggesting other people the best places to visit.

    James Young March 17, 2018
    Rating of project
    4.0

    Advantages

    A fabulous solution for end users within the transparent reward system, I would also like to outline a detailed technical side describe in the whitepaper. That demonstrates all the efforts and commitment of the team to this project.

    Risks and disadvantages

    I can say that timings are quite optimistic considering the size of the team, reassessment of the milestones could be a good idea to keep investors happy.

    Comments

    Next generation feedback solution which engages end users.

    Veronika Arbisman March 16, 2018
    Rating of project
    5.0

    Advantages

    Based on statistics 55 % of people watch videos online everyday. That is why video focused app is a good decision. Second thing is revolving around travel - one of the most interesting and popular topics in the net. People are getting more and more lazy and greedy for their time. Providing them with the short informative videos is a brilliant way to keep the audience.

    Risks and disadvantages

    Frankly speaking, I do not see any significant risks or disadvantages of the project.

    Comments

    People use reviews a lot. Idea of rewarding users for their work will bring quality of content to a high level. Analyzing data of the content, reviews, likes and comments will help a lot in tracking new flows all over the world. That data will be a treasure to many business companies, starting from touristic sphere up to developing apps for people who are not able to leave their houses.


    FAQ

    Frequently asked questions

    What is KYC?

    KYC (know your customer) is a process to verify customers.
    https://futourist.io/kyc
    It is a necessary step before you can buy FTR tokens.

    What is Futourist?

    Futourist is the first travel review platform that rewards their users through building a fair blockchain-based economy where all - reviewers, businesses and casual consumers - get the most benefit for participating. It’s a place where future tourists will make decisions about where they are spending their precious time.

    Why have we decided to launch Futourist?

    Because there are only a handful of people who have managed to turn their content into profit, while the majority of content creators are left out without anything. Platforms associated with content do not pay their users for creating, sharing and curating content. And a large part of that content are reviews.

    What is our solution?

    Our solution is aimed to build the first platform in the world that rewards users for creating, sharing and curating reviews. That way somebody who has a regular job and creates content as a hobby now has a chance to earn money on the side. That comes instantly without struggling years and years to come to a certain point of creating some stream of revenue for themselves.

    How big is the potential market?

    Revenue of content industry was worth more than $ 190 billion in the year 2016 and is expected to be worth more than $ 313 billion by the year 2019
    From early researchers it is estimated that almost $ 31 billion a year of UK consumer spending is potentially influenced by online reviews
    The market cap of travel review industry in 2015 was worth more than $ 1 billion in North America alone
    UN World Tourism Organization is projecting 1.8 billion tourists by 2030

    What do we have available until now?

    Unlike many other blockchain startups, we already have an existing and working platform – OpenHours – available to us with more than 1 million monthly users.

    Wait what? How is OpenHours connected to Futourist?

    OpenHours is an existing website with over 1 milion monthly users. We are going to connect OpenHours to our blockchain protocol, delivering contest and token distribution services, turning OpenHours to new product - Futourists

    So Futourist is a…

    … merge of OpenHours platform, blockchain technology and many exciting new features.

    When will the Futourist platform officially launch?

    Futourist platform will officially launch after the second half of 2018.

    What is the grand vision of our team?

    We want to build a platform that will change the perception of content creator’s value, bring balance between them and the world of business and by awarding them with tokens for their reviews. We want Futourist to become one of the most practical applications of blockchain technology, with the intention of bringing benefits of blockchain to everyday users.


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