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#Blockchain, #Internet All projects

SID Token: Decentralized autonomous global Internet sharing eco-system

Our technology aims to enable a global Internet access and help to lift certain segments of the 500M poor people out of poverty

stage Ended crowdsale

3.7 Rating

by 6 users


    KPLs

    • Employees23

    Traction

    July, 2017

    AutoWiFi SDK running on Dunkin Coffee App One of two SDKs under development was completed, namely the AutoWiFi SDK and was consequently implemented in the APP of a real 3rd party client, namely “Dunkin Coffee” which is Dunkin Donut´s franchise for Spain, as proof of concept.

    November, 2017

    SID SDK alpha version


    Team

    15

    José Merino

    Chairman

    Lajos Kiss

    Chief Operating Officer

    Jesús Ruiz

    Lead Developer - CEO Spain

    Daniel Urbano

    CTO

    Michael Camilleri

    Regional expansion Canada & US

    Alberto Avilés

    Android Lead Engineer

    Jesús León

    iOS Lead Engineer

    Mihaela Dimitrova

    Designer & Marketing Ninja

    Marcin Zduniak

    Blockchain Developer

    Susan Howard

    Expenses Controller

    Ibrahim Halkano

    Strategist Blockchain Micropayments

    Corey Wilton

    Community Manager

    Erick Pardio

    Mexico Growth Manager

    Gaurav Areng

    Marketing Associate

    Paul Mears

    New business Manager


    Advisors

    8

    Simon Cocking

    Board Advisor

    David Drake

    Board Advisor

    Vladimir Nikitin

    Board Advisor

    Wannipha Jen

    Board Advisor

    Amarpreet Singh

    Board Advisor

    Nikolay Shkilev

    Board Advisor

    Christian Solli Nyborg

    Strategic Advisor

    Kerry Ritz

    Strategic Advisor




    Crowdsale details

    Distribution of tokens
    • Crowdsale (41%)
    • Bounty & Referrals & Brokers (8%)
    • Airdrop & Whitelisting (4%)
    • Founders & other contributors (20%)
    • Board Advisors (5%)
    • Company Reserve Pool (22%)
    Details Indicators
    Token Symbol SIDT
    Full Token Name SID Token
    Pre-crowdsale Start June 15th, 00:00 GMT+03:00
    Pre-crowdsale End September 14th, 00:00 GMT+03:00
    Crowdsale Start September 15th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or December 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 80000000 €
    Token type utility token
    Domain owner Individual

    Cost of the token

    1 token for 0.01 Euro

    Price without discounts

    Bonuses

    Bonus pre-ICO will start at 40% bonus discount going down in number of SIDT blocks.
    Minimum investment 500 EUR


    Accepted currency

    • Bitcoin
    • Bitcoin Cash
    • Ethereum
    • Litecoin
    • Fiat
    • Other


    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
    Alexandr Gonchar August 27, 2018
    Rating of project
    3.5

    Advantages

    The project represents a decentralized instant messaging system with peer-to-peer nodes, which allows automating the exchange of Internet services from one smartphone to another. SID (Share Internet Data) is a decentralized instant messaging system between several users, which allows you to share the Internet with a person's Android-smartphone in an automated way. One of the key missions of the SID project: "Lift from the poverty as many people as possible by providing the best way to Internet access". It's possible to receive tokens in exchange for consumer advertising - so that's how some users will be able to get free access to the Internet. Then, these received tokens can be exchanged to get Internet traffic from other surrounding users.

    Risks and disadvantages

    It's an interesting project, with a good and noble goal, but it's not unclear why the system doesn't require permission to receive Internet from users; how to ensure the confidentiality and security of user data with free and open access to the client's smartphone.

    Comments

    I think that this project will find its audience and some users will join this platform, but I'm not sure that the project will gain great success and rapid adoption in various corners of the world, although by itself the idea deserves attention.

    William Anderson June 18, 2018
    Rating of project
    3.2

    Advantages

    The reserve pool has a sizable portion of the budget allocation which will cater for any possible financial emergencies. Adoption of the project by the interested clients will be easy because the devices required are widely used and available to most people.

    Risks and disadvantages

    However much the platform is decentralized the sharing of the data is possible with only nearby users it is likely to face competition from the alternate projects providing ore compitive services in this similar criteria.

    Comments

    There are areas with limited access to the internet, the ability for those that have access to it to share it will enhance growth in communication and global development through reduction on the levels of illiteracy. The prospects of prosperity are high.

    Denys Serhiichuk June 16, 2018
    Rating of project
    3.3

    Advantages

    A vivid advantage is already the working product. Users can download application for Android Google Play or AppStore for IOS. Team members have vast experience in managing other startups and have active accounts on social networks, like Linkedin. Moreover, there are also advisors. Another advantage is the chance to invest with different assets during ICO and pre-ICO stages ( Bitcoin, Bitcoin Cash, Litecoin, ''fiat'' currency and others )

    Risks and disadvantages

    20 % of all tokens from the pool are kept for the founders. That share is high, as team members can manipulate price of the token on the market. Another concern is the Roadmap. I wish it would have more periods of platform development.

    Comments

    Overall, the team is seriously aimed at developing the platform. Thus, it has been widely outlined on the media resources.

    Jordan Semanda June 12, 2018
    Rating of project
    3.7

    Advantages

    There is whitelisting for those investors who would be interested in the private sales. Internet is a widely used medium all over the universe and with the ability to share it, room for extensive usage by many users will be created in the long run creating stability of the token.

    Risks and disadvantages

    Traffic statistics are critically low, this directl obstructs the awareness strategies. Prio information about the team has not been provided to the investors this will negatively affect investor attraction.

    Comments

    Organising and attending workshops is critical in increasing the number of investors on the project and this should be done by the team.

    Anne Bryn June 08, 2018
    Rating of project
    3.7

    Advantages

    Several layers of protection were used to guarantee the high level of security to users of the platform. The SID technology is patent pending. Market size is big, I think there is a demand for a product like this.

    Risks and disadvantages

    As for now the activity on social networks is quite low. Realization of the project takes a long time.

    Comments

    This experienced and enthusiastic team looks reliable. I hope they will be able to make their plan reality.

    Sofia Medda June 07, 2018
    Rating of project
    4.7

    Advantages

    The project has been under development for about 2 years and certain milestones were achieved. AutoWiFi SDK technology was tested successfully, the team received feedbacks from users. SID APP commercial version was released.

    Risks and disadvantages

    It would be useful to know what the Soft Cap is.

    Comments

    The Whitepaper contains a detailed information about developing of the product as well as test's results. So I think there is a certain demand for the product even now, and given a proper promoting plan it has a good chance to become a popular application.

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