Omnitude ICO - Blockchain Revolution in eCommerce

catalogico.com (27)in #blockchain • 6 years ago

ECOM – Initial Coin Offering Date Range: Mar 28, 2018 – May 31, 2018:
HYPE VALUE:

Omnitude (http://omnitude.tech) is revolutionary projected targeting e-Commerce in efforts to take advantage of the Hyperchain technology for not only greatly reduce chances of fraudulent sales, but also decrease overhead costs of vendors through blockchain transactions. Through such Hyperchain utilization in e-Commerce, vendors will be able to increase their profit margins while still enabling customers a savings on purchased products. The ECOM ERC20 token will have functionalities as:

Means for Omnitude to raise long-term funds
Incentive for participants to be secure and operate
Serve as native settlement method amongst participants
Ecosystem: Commerce & Retail

Infrastructure: Blockchain, with Hyperchain – integrating multiple coins/tokens within e-commerce
A major objective with the Omnitude (ECOM) project is to integrate with manufacturers, vendors, & distributors existing infrastructure without the need to replace any existing Material Resource Planning (MRP) & Enterprise Resource Planning (ERP) infrastructure(s). This poses to be a major cost savings for the manufacturers, and ease of transition in enhancing participant e-commerce experience.

A second major objective is to enable e-commerce customers to seamlessly maneuver from one integrated vendor to another, utilizing the same logon credentials. Such an objective is very challenging, yet, the Team shows to have developed this with great success.

A third major objective is to create a Transparent Chain from manufacturer  supply  transport  vendor  shipping  customer. This transparency is a key benefit in being able to ensure the integrity and authenticity of products.
The fourth major objective, reduction of e-Commerce Fraud, is achieved through the success of the Transparent Chain.
The overall hype behind the Omnitude project has been under-performed for such a well thought out project. A stronger advertising approach would have helped ECOM achieve more of its potential in the early stages.
Overall HYPE SCORE – 4/5

RISK VALUE:
As of 1 days before the end of their Token sale, there is an availability of 55% of the 100M tokens. At the end of the ICO, unsold tokens will be burned; which should help increase the value of the acquired tokens. To further the Omnitude’s project security, and reduction of risk; they steadfastly acquired not only the approval, but agreement of use by the Maltese government and Transportation authority.
The overall risk for this platform proves to be low, as the quantity of tokens are being limited as needed, which will help in ensuring a higher market value. That combined with the functionalities of the tokens within the platform’s ecosystem.
Overall RISK SCORE – 4/5
(* Risks closest to 5, show the least amount of risk *)
TEAM VALUE

Omnitude has an ingenious team that needed advisors that are very experienced in launching ICO's. The team members are very astute, but may lack the ability to adjust in marketing.

Overall TEAM SCORE – 3/5

ROI VALUE
The token (ECOM) price should reach elevated earnings for quite some time, progressively. Such an ingenuous platform once launch and integrated well with manufacturers & vendors, will achieve what Amazon & Walmart could only hope to achieve. The only drawback is the lack of initial marketing.