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#Blockchain, #Lifestyle All projects

JustHive: A Micro-Forum Company

JustHive merges the simplicity of modern day so powerful tools of forums

stage Ended crowdsale

3.9 Rating

by 3 users


    KPLs

    • Employees14

    Team

    14
    man ARMEN YOUSSEFIAN

    Founder and CEO

    Armen has owned and operated several tech and online marketing startups, employed over 50 individuals, and generated 15M in annual revenue. His primary objective today is to create a social experience that is both meaningful and enlightening for the masses.

    man AUSTIN WOOD

    CTO

    Austin speaks English, Japanese, Russian, Spanish, and Robot fluently. His entrepreneurial talents have allowed him to travel across the globe, making positive strides in society using his technical expertise.

    man JOHN BALLON

    Backend and Blockchain Engineer

    John is a software engineer with extensive knowledge of both front and back-end technologies, specializing in React and Flask. He is passionate about building data-intensive, scalable applications.

    man MERIK WOODMANSEE

    Full Stack Engineer

    Merik has had extensive experience utilizing React and React-Native. He has built numerous dynamic single page javascript applications. He continues his pursuit in technology with special interests in machine learning and computational structures.

    man MADLENA ARMOUTIAN

    Chief of Staff

    Madlena has held various administrative roles in both the medical and legal field, and was accepted to La Verne Law School in 2015. Within that same period, she was introduced to JustHive and made the decision to take the road less traveled.




    Crowdsale details

    Distribution of tokens
    • Crowdsale (60%)
    • JustHive Reserve (25%)
    • JustHive Platform’s founders and employees (15%)
    Budget allocation
    • App Development (35%)
    • Marketing and Public Relations (35%)
    • Admin and Operations (10%)
    • Various Bounty Programs (2.5%)
    • Legal (15%)
    • Server Costs (2.5%)
    Details Indicators
    Token Symbol JHT
    Full Token Name JUSTHIVE Token
    Pre-crowdsale Start May 21st, 00:00 GMT+03:00
    Pre-crowdsale End Hard cap is reached or July 16th, 00:00 GMT+03:00
    Pre-crowdsale Hard Cap Fixed, 9090 ETH
    Pre-crowdsale Soft Cap Yes, 1818 ETH
    Crowdsale Start July 30th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or October 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 30000 ETH
    Crowdsale Soft Cap Yes, 6000 ETH
    Domain owner Individual

    Cost of the token

    5000 tokens for 1 eth

    Price without discounts

    Bonuses

    1. First Token Pre-sale Structure:
    a. Date: Start on May 21, 2018 12:00 PM Pacific Standard Time (PST) and end at the
    earlier of 8 weeks after the start date or when the Hard Cap is met.
    b. Hard Cap: 7142 ETH
    c. Soft Cap: 1428 ETH
    d. Rate: 1 ETH = 7000 JHT
    e. Bonuses: 40% Bonus Tokens
    f. Total Supply: 50 million initial allocation of Tokens.
    2. Second Token Pre-sale Structure:
    a. Date: Start approximately 2-4 weeks following the subsequent sale and end at
    the earlier of 8 weeks after the start date or when the Hard Cap is met.
    b. Hard Cap: 8000 ETH
    c. Soft Cap: 1600 ETH
    d. Rate: 1 ETH = 6250 JHT
    e. Bonuses: 25% Bonus Tokens
    f. Total Supply: 50 million initial allocation of Tokens.
    3. Third Token Pre-sale Structure:
    a. Date: Start approximately 2-4 weeks following the subsequent sale and end at
    the earlier of 8 weeks after the start date or when the Hard Cap is met.
    b. Hard Cap: 9090 ETH
    c. Soft Cap: 1818 ETH
    d. Rate: 1 ETH = 5500 JHT
    e. Bonuses: 10% Bonus Tokens
    f. Total Supply: 50 million initial allocation of Tokens.

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    40% May 21 — July 16, 2018


    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

    3
    Denys Serhiichuk August 13, 2018
    Rating of project
    3.7

    Advantages

    The company has a working product - application released in 2017. There is lots of information about founders and advisors. In addition, there is a system of different kind of motivation for investors in the form of a bounty campaign and bonuses.

    Risks and disadvantages

    25 % of tokens are kept for the reserve. That is too much, as founders can easily influence token rate when it enters the market. There is no information about partners.

    Comments

    Overall, the idea is good, as social networks are becoming more and more popular. However, it is not clear enough of blockchain role in the platform. Thus, token role could be better explained, so potential would have better understanding.

    James Young August 12, 2018
    Rating of project
    3.8

    Advantages

    The project seems very interesting and will expand social media opportunities. Prototype provides enough description to obtain the idea and available features. The team is also looking impressive and encouraged. Caps look reasonable as well as the integration part.

    Risks and disadvantages

    I am a bit sceptical about budget distribution, as the team is planning to spend 35% on marketing and 35% on the app development. Also, there was a beta version expected in Jun 2018, however, I see this neither on the website nor on the App store which doesn't provide a proper impression.

    Comments

    A brand new of the social media facilities and an option for interaction with like-minded persons. However, there are some doubts regarding GitHub sources relevance along with the budget distribution.

    Elish Jah May 27, 2018
    Rating of project
    4.2

    Advantages

    Professional Team. Well-thought website. Comprehensive, easy-to-read WhitePaper. Clear Roadmap. There is a balance in token allocation and fund proceeds. Github code. There is already MVP.

    Risks and disadvantages

    Community/Media lack followers. No press coverage.

    Comments

    JustHive looks like a great social media option for individuals seeking to communicate with like-minded individuals while earning. But there is the need for much work on the ICO part.


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