The first professional digital rating agency DigRate has assigned 4.2 points out of 7.0 to the .
RoomDAO is a decentralized tourist aggregator that unites the participants in the field of tourist services: travel agencies, landlords and hotels, advertising agencies, transport companies and entertainment centers into a single ecosystem.
The project team consists of 10 people specializing in electronic payments, software development and marketing. There are Alexander Matushevich, ex-director of E-PORT, and Alexander Samardak, founder and CEO of Page Media Solutions. Team members do not have extensive international experience in the tourism field to achieve the project's goal.
Although the project indicates its competitive advantages, such as lower costs due to lack of commissions, decentralization and transparency of the system, as well as the possibility of earning tokens within the system, these advantages are indeed competitive in a centralized environment, but they are inherent in most projects from a decentralized environment, so they will not significantly distinguish the project from a number of competitors in this field.
Negligence of the legal side may entail negative legal incidents in the future on the part of market regulators and RDC purchasers.
RoomDAO is a decentralized tourist aggregator, whose goal is to create a single international platform that will unite all participants of the tourism services market. The goal looks difficult to achieve at the moment due to the lack of team’s experience in the tourist field at international level. If the company significantly expands the partner network and cooperates with large world tourist networks, operators and platforms, it can occupy a worthy place in the tourist business market. Launching a beta version of the platform, providing detailed information on the business model and financial plan, competitive advantages, and eliminating legal flaws will significantly increase investors’ confidence in the project. The project is at an early stage of ICO preparation and requires significant improvements to date. DigRate analysts will monitor the implementation of the RoomDAO project closely.
More information about the strengths and weaknesses of the project can be found in our review.