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#Blockchain, #Mobile & Gaming All projects

Snapparazzi: Everyone is a reporter

Become part of our Snap circle and join a media revolution

stage Ended crowdsale

3.3 Rating

by 2 users


    KPLs

    • Employees8

    Team

    8

    Ruben Valle

    https://www.linkedin.com/in/ruben-valle-062095123/

    Pradeep Chandra

    CFO

    Damien Larquey

    CTO & Co founder

    Anton Adamansky

    Blockchain Developer

    Vyacheslav Tyutyunkov

    Blockchain Developer

    Bella Legard

    Business Development

    Lisa Taylor

    Creative Director

    Xavier Regnier

    Community Manager


    Advisors

    6

    Alex Linenko

    ICO Strategist

    Giovanni Casagrande

    Growth Hacking Expert

    Roman Karimov

    ICO and Business Strategist

    Alexandre Orfevre

    Community Grow Advisor

    Andrey Denisov

    Blockchain Specialist

    Nancy Boisvert

    ICO Strategic Marketing and Consulting




    Crowdsale details

    Distribution of tokens
    • Crowdsale (70%)
    • Reserve (10%)
    • Team (9%)
    • Advisor (6%)
    • Bounty/Airdrop (5%)
    Budget allocation
    • HR & Development (50%)
    • Marketing (30%)
    • Reserve (10%)
    • Administration (5%)
    • Legal (5%)
    Details Indicators
    Token Symbol SNPC
    Full Token Name SnapCoin
    Pre-crowdsale Start September 14th, 00:00 GMT+03:00
    Pre-crowdsale End September 24th, 00:00 GMT+03:00
    Crowdsale Start October 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or October 29th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $59000000
    Crowdsale Soft Cap Yes, $10000000
    Domain owner Individual

    Cost of the token

    1 token for 0.18 $

    Price without discounts

    Bonuses

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    25% September 14 — 24, 2018

    Accepted currency

    • Bitcoin
    • Ethereum
    • Fiat


    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

    2
    James Young August 28, 2018
    Rating of project
    3.8

    Advantages

    I like the concept and I convinced that this will be a comprehensive replacement of the current solutions. At least the white paper says a lot and the Team is ambitious. The idea is quite straightforward and properly explained both via the one-pager and white paper. Advisors surrounded this project are also capable and famous, so as I mentioned previously, this will be a very interesting solution.

    Risks and disadvantages

    It's still unclear a complete me how the budget will be allocated, as I was expecting more precise breakdown rather than common explanations. Considering that the team didn't introduce a demo version of the product, I would at least ask about the HR&Development structure.

    Comments

    Overall, I like the project and how everything is organised, it's very nice and ambitious, which should bring unique values in the social media. However, some details such as tokens allocation and the budget breakdown could be reconsidered, and as was mentioned, the team needs to work hard and rapidly on the demo.

    Denys Serhiichuk August 27, 2018
    Rating of project
    2.7

    Advantages

    Besides regular Whitepaper, there is also One Pager, where the basic platform features are outlined. Roadmap has precise information. It is described up to months. Founders use a system of bonuses to motivate investors to take part in the tokensale as soon as possible. So, people will get more tokens. Only 10 % of all tokens are in reserve fund. It is good that the share is little, so token rate on the market will not be easily manipulated.

    Risks and disadvantages

    When entering the website, one can see that connection is not secured. Thus, there is no information about partners. In addition, nothing mentioned about MVP.

    Comments

    Getting benefits for sharing videos is a good idea, however it is not fully clear how it will be practice. For now, I have not seen any practical implementations my the team.


    FAQ

    FAQ

    Is there a legal entity for the company and where is it registered?

    Snapparazzi Ltd is legally registered in Malta.

    What payment methods do Snapparazzi accept?

    Snapparazzi will accept ETH, BTC, and wire transfer in euro/USD.

    Which wallets support Snapparazzi’s tokens?

    SnapCoin is an ERC20 token running on the Ethereum Blockchain, therefore all the Ethereum wallets will support SnapCoin.

    Monetary strategy: How are the finances that are raised going to be used?

    - 50 % of the funds raised will be used to recruit qualified professionals into our team. This will allow for the development of the application and the blockchain platform. We will also expand our existing sales and marketing team to cater for global presence.
    - 30 % will be used for marketing campaigns to promote Snapparazzi.
    - 5 % will be used for administration, including the operating expenditure for our global office network.
    - 5 % will be utilised in legal expenses to ensure compliance and adherence to regulations.
    - 10 % will be kept as a reserve by Snapparazzi.

    What are the specific company objectives to be achieved within 12 months?

    During the first 12 months, Snapparazzi will be able to release the Snapparazzi App on smartphone, the web platform and attract users. Alongside this, Snapparazzi will continue to grow by employing the appropriate team with the skills to expand the product through targeted marketing campaigns and sponsorships.

    Can Snapparazzi investments come from any country?

    Citizens from USA, North Korea, and China are not able to participate in the Snapparazzi ICO.

    Can you say more about the company’s regulated markers (GDPR)?

    We take our responsibility very seriously with regards to the private lives and information of our community, we will ensure that we comply with the new GDPR regulations.

    What are the procedures used by Snapparazzi to take care of the know-your-customer (KYC) process?

    All participants in the Snapparazzi ICO must upload proof of their identity.

    When will the tokens be released? Are they going to be utility tokens?

    The SnapCoin token will be released after the end of the ICO and sent directly to the wallet provided by the customer.

    Can you elaborate on the hard and soft cap?

    The Hard cap is 59million USD, and the soft cap is 5 million USD.

    Will any more tokens be issued after the crowdsale?

    No, all unsold SnapCoin will be burnt.


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