Today I will bring you a short review of Unibright, an ICO which will take place in April 2018.
So, what is Unibright?
Unibright is a German company with a team of developers with 20+ years of experience in business integration, which aims to integrate blockchain into existing business, by choosing a template.
Idea
I think the idea of having the blockchain technology integrated into ERP-systems like SAP, Oracle would raise the efficiency of processes within businesses, bringing more added value to the company. If implemented correctly, it could potentially disrupt the current financial ecosystem.
Grade: 5/5
Token metrics
The hard cap is low, which leaves room for potential growth short term, the bonus is only 10%, so the risk of dump after ICO is very low. With 67% of the tokens being sold during the ICO, more control of the price after listing is provided to the investors, and not the team, which states that they are not greedy.
Grade: 5/5
Roadmap
The roadmap is very detailed and full of releases short term as well as mid to long term, which could lead to a gradual increase in token price.
Grade: 4,5/5
Team
Advisors
The team is very experienced in ERP and blockchain, which makes me confident that they will be able to achieve their goals. The advisers are also very experienced in finance, consulting and blockchain, which strengthens the teams ability to succeed. However, they don't have that many developers, but they could always hire those if needed.
Grade: 4.5/5
Prototype
They have 9 templates ready for use with many more to come. The product is currently released as an alpha, but it will be gradually updated to newer versions during 2018.
Grade: 3,5/5
Token utility
The Unibright token is the only payment option to register Unibright conformant smart contracts. Only registered contracts can be inserted, maintained and queried to guarantee standardization in using proven patterns and objects. The Unibright token is also the only way of payment for additional services, for example using the smart adapters provided by the Unibright connector to integrate existing ERP-System to the blockchain.
Grade: 4/5
Competition
There is currently no real competition for Unibright within the blockchain space, but there are some big companies like Microsoft who want to integrate blockchain as well in their businesses, so the competition could increase on mid to long term.
Grade: 4/5
Hype
Telegram has about 7.000 users, and their Twitter has around 3.000 followers, which is average. Their presence on other social media channels is also average, but the whitelist for participating in the ICO is already oversubscribed, which shows a big interest in Unibright.
Grade: 3,5/5
Overall conclusion
Unibright is a project with a great idea, a superstar team and great token metrics, which makes it a great investment opportunity mid to long term. Considering the hype around the project, short term gains could also be possible if marketed properly.
Final grade: 4,25/5 (very good)
If you liked the article, please feel free to upvote it and check my other ICO reviews as well.
Also please always do your own research before investing in any ICO!
Thank you.