ICO review of Dav Network (DAV): valuation, analysis, token cost | Digital Rating Agency
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High level of investment attractiveness
Medium-to-high probability of long-term investment return, the level of project development potential is above average.
A2
03/22/2018
High
Quality Rate
No detailed scores
To ICO
8
days
Start: 30/04/2018
End: 14/05/2018

Dav Network

About
Team
Sale details
Tokens

DAV Network plans to create a blockchain-based transport platform. DAV Network is an innovative start-up of the transport sector, that plans to exclude intermediaries from the sender-receiver chain. Decentralization of the platform and autonomy of transport are the main principles of DAV Network.

Noam Copel
CEO
Tal Ater
CTO
John Frazer
CCO

Token sale is restricted for persons from certain jurisdictions including the US, South Korea, Japan or China.

Token Distribution:

40% – Token Sale;

25% – Bounties & Partnerships;

20% – Long-Term Budget;

15% – Team (Vested) & Advisors.

Rate history

The first professional digital rating agency DigRate has assigned A2 investment attractiveness score to DAV Network – medium-to-high probability of long-term investment return, the level of project development potential is above average. The DAV Network project aims to create a platform that will allow anyone to buy or sell services in the decentralized market of unmanned vehicles. The DAV platform will integrate into any autonomous vehicles, allowing them to exchange information and carry out transactions with each other using the DAV digital currency. Modules created by Dav Network already have working prototypes and will allow to estimate the pace of the project development in real time, as well as testing some of the functionality. The project team presented a detailed road map, an analysis of the competitive landscape and current market trends, as well as a well thought out business model. The project developers themselves and the advisory board members are representatives of large, universally recognized world companies (NASA, UPS, Bancor, Google) of various fields and leave no doubt about their serious intentions and possibilities to implement such goals. Despite the undoubted competence of developers, some aspects raise questions. For example, the mechanism for protecting the token price from possible devaluation is not thought out sufficiently. The legal side of the ICO is not thought out, including the regulation of investments made during the ICO and the risks of conducting ICO. There are no main legal documents. Gaps in the legal part of the project may jeopardize its implementation. However, the project team claims that the legal side of the project is being worked out by well-known law firms and will be published closer to the ICO start date. Despite the above mentioned disadvantages, the project is one of the most popular and expected among the global crypto community. DigRate analysts believe that the success of the project and the speed of its development will directly depend on the pace of technology development in the autonomous vehicles sector, as well as the regulatory rules of this sector of some states and the ability of project developers to adapt to these rules. It is important for investors to understand that it takes several years to implement a project of this scale and the business model of the project is designed for long-term investments. DAV Network is a very relevant and in-demand solution in the field of transport, supported by the platform prototype. Most likely that the platform’s services will be highly in demand, and the project will be scaled rapidly. Pros and cons of the project, as well as our recommendations, can be found in our report.
Token
Dav Network
Price
1 DAV = 1ETH = 10,000 DAV Tokens
Soft cap
5,000,000 USD
Hard cap
38,000,000 USD
Bonuses at Pre-Sale
-
Bounty campaign
yes
Platform
Ethereum
Token type
ERC20
Accepted
ETH
Country
Switzerland

Downloads and links

Website
Report
Whitepaper
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Rating scores express an opinion of Digital Rating Agency and do not have any fact-finding mission or recommendations to buy, own, sell any assets and take any investment decisions. Digital Rating Agency does not undertake any responsibility for any consequences, interpretations, judgements, recommendations and other actions directly or indirectly related to the rating score, the rating operations conducted by Digital Rating Agency, any summary and conclusions contained in the rating report and rating releases, or the absence of abovementioned. The only source, depicting the real state of the rating score, is official site www.digrate.com