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#Blockchain All projects

MapCoin: Driving the future of mapping technologies

Drives the creation of maps & location data using the power of our community

stage Ended crowdsale

2.9 Rating

by 5 users


    KPLs

    • Employees12

    Team

    8
    man MATT THORNHILL

    Co-Founder & CEO

    Ex - Creative Director and Co founder of Navmii. 10+ yea
    the mapping industry. Helped scale Navmii to 25m+ user
    CEO Karputer with a patent in In vehicle computers.
    Part of the team on Refereum and Alluma token sales.

    man BEN KEOGH

    Co-Founder & Business Development

    Ben has over 20 years experience of delivering software and digital products. He begin his career working with Disney, WPP, and FT.com before working agency-side with Audi, Prudential, Virgin, JLR, Bauer and other global brands.
    He has a first class degree in Business from NTU.

    man DMITRY LYKOV

    CTO

    10+ years in the mapping industry. Huge experience in delivering mapping and navigation products worldwide.

    man ZOE LAYCOCK

    CMO

    Zoe is a passionate customer experience evangelist and growth marketer. She has a rare combination of fluency in technology, design and marketing coupled with a deep understanding of how to deliver great connected experiences and value. Previously, Zoe was Global Head of Product Marketing at Viber, CMO of Navmii and a Digital Director at Edelman, where she
    was Head of Social Media for Blackberry RIM EMEA.
    Zoe’s passion for building digital brands has led her to work as a lead digital engagement strategist for brands such as Chrysler, EE, JamieOliver.com, Krispy Kreme UK, Activision, Bose, Dove, ActionAid, Metro UK, Shakespeare’s Globe Theatre, Bibendum Wine, Emirates and DMGT.

    man BREANDAN MAC FERRAN

    CSO

    Breandan has been involved with high-tech companies for forty years and brings a successful track record of sales, marketing and executive management experience including 10 years with Digital Equipment Corporation (DEC), 14 years with Logitech, 2 years with Navman and after founding Bright Marketing Future Consulting in 2006 he consulted and carried out executive roles for Belkin, Archos, Parrot, Navmii and others. Breandan graduated with a BA (Honours) in International Marketing from Thames Polytechnic in London and Executive Management programs at the Insead Business School in France.


    Advisors

    4
    man PETER ATALLA

    CEO Voxelmaps

    Peter is a technology entrepreneur with 2 successful exits. He was CEO and founder of Navmii. He has grown his previous companies to over 500 people and
    served as an investment director for a TMT investment fund managing $140m of tech investments. He has been working in the mapping industry for the past 14
    years. He has a degree in Applied Physics from NTU.

    man ANDREY TRIFONOV

    CTO Navmii

    Andrey is an experienced mapping and navigation expert. He was CTO of Navmii for 10 years and prior to this he lead the navigation and mapping team at DataArt. Andrey has a Masters degree in Computer Science ITMO University Russia and a degree in Linguistics from from the St Petersburg University in Russia.

    man JOHN BOARDMAN

    CEO Navmii

    John has 20+ years experience running national and
    multinational companies. He has 7+ years experience in
    navigation and mapping with Navmii. He was a Co-founder a student social network called Studentnet, which sold for $10million in 1999. He has a degree in Information Technology from NTU.

    man EDWARD CUI

    Tech Lead - Uber

    Yunkai is a 3+ year self-driving car veteran. He is one of the early member of the Uber self-driving car effort, an expert in machine learning and mapping technologies for self-driving cars. He serves as the tech lead for the self-driving car mapping team, to help scale map creation with the latest technologies. He has a degree in Robotics from University of Pennsylvania.




    Crowdsale details

    Distribution of tokens
    • Crowdsale (24%)
    • Team (16%)
    • Advisors (5%)
    • Marketing (5%)
    • Community reward fund (50%)
    Budget allocation
    • Data builder (8%)
    • Reward platform (20%)
    • Operations (16%)
    • Business development (12%)
    • Technology Dev (44%)
    Details Indicators
    Token Symbol MAP
    Full Token Name MAP token
    Pre-sale Start August 1st, 00:00 GMT+03:00
    Pre-sale End August 31st, 00:00 GMT+03:00
    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, $25600000
    Crowdsale Soft Cap Yes, $1000000
    Incorporation Details Vantage Point, Brighton, BN1 6TG
    Domain owner Individual

    Cost of the token

    1 token for 0.2 $

    Price without discounts

    Discounts and Bonuses

    Pre-crowdsale
    Discount Dates Minimum purchase amount
    40% September 01 — 30, 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
    William Anderson August 30, 2018
    Rating of project
    2.7

    Advantages

    The project has been developed for a significantly long period of time and this gives it a solid stand and possible dynamics to offer the best of services according to its speciality. The market prospects are wide and this brings about distributivity which basically widens the the market base.

    Risks and disadvantages

    No video content has been associated with the projets outlay this is not a good sign in various perspectives for example it can be assumed that this project is a scum and it also make the project stay behind market competition. At the look of things mapcoin doesn't seem ready for the competitive market.

    Comments

    Before moving any further the irregularity associated with platform have to be ironed out so as its motives are accomplished fully.

    Jordan Semanda August 26, 2018
    Rating of project
    3.0

    Advantages

    This platform will encourage people to be mindful of their personal data and aso to exchange it on the platform for the purpose of earning money . Navigation by new people to new places will be made easy since there is an open source for sourcing for information regarding locations on a wide scale.

    Risks and disadvantages

    This will increase on the data theft on the internet for those great individuals that are willing to do anything to earn from doing so. Standing service providers for example google maps and others basing on different locations might be more relevant because they have a comfortable sport in the lead of the market which means that allot will be required to compete against them especially creation of awareness.

    Comments

    Success will entirely depend on probability and the probability that this project will make it through the tunnel to the other side so inconclusive but nevertheless possible.

    Anne Bryn August 25, 2018
    Rating of project
    3.2

    Advantages

    The core team has been developed navigation products since 2006, they collaborated with mapping providers. Now they have partnerships with several companies in the mapping industry.

    Risks and disadvantages

    The startup has no marketing plan. There is some information about a reward pool, so I can suggest there is some plan of promotion. But I think investors would wish to see it.

    Comments

    Earning MAP tokens for driving whilst using MapCoin sounds interesting, but not realistic enough. Probably it will be the reality in the future, when our cars become autonomous and there will be a real need to create a new kind of maps containing all the information which an autonomous vehicle would need.

    Sofia Medda August 23, 2018
    Rating of project
    2.8

    Advantages

    MAP token emission is impossible after the end of ICO, which is good for the ecosystem, no inflation will be there. The team is experienced, they work for several years in the industry.

    Risks and disadvantages

    50 % of the total number of tokens is allocated to the Community Reward Pool, so there should be a detailed information about using this fund and a lock-up period for this fund. I also think the team should present their plan of the community growth within a certain timeframe, for example how many users they plan to have in a year.

    Comments

    A good idea is offered. As far as I can see the development was started and we'll see a working product till the end of the year. Token economy isn't described in detail, there should be more information about token's utility and about what will drive the token's value to grow.

    Denys Serhiichuk August 11, 2018
    Rating of project
    2.7

    Advantages

    The main document - Whitepaper is detailed enough with tables and graphs. Moreover, there are bonuses for early investors.

    Risks and disadvantages

    21 % of all tokens are reserved for the team members and advisors. That share is high, as they can influence token rate on the market. Thus, there is no information about partners. Moreover, nothing mentioned about the prototype, which is a drawback. Roadmap has precise data about platform development. However, it would be better, if some dates were also mentioned.

    Comments

    Overall, the idea looks vague. I am not sure whether the project becomes a successful one. It would be difficult to compete with such apps, as Google Maps or Yandex.


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