ICO review of Roomdao (RDC): valuation, analysis, token cost | Digital Rating Agency
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This project doesn't have a level of investment attractiveness
No
Rating
Medium
Quality Rate
4.6 / 7.0
project concept
5.0
tokens
4.3
business model
3.9
project support
4.7
the tech
6.5
communication
4.5
team
4.8
jurisprudence
3.0
Pre ICO
finished
Start: 20/04/2018
End: 20/05/2018
To ICO
3
3
days
Start: 01/07/2018
End: 30/07/2018

Roomdao

About
Team
Sale details
Tokens

ROOMDAO Online Travel System is a blockchain-based decentralized platform that allows travelers to rent accommodation, transport, check out lists of local restaurants and bars, learn about sights quickly and conveniently, reduce their travel expenses, due to the lack of commissions. ROOMDAO is a decentralized market place for travelers and service providers where every market participant communicates directly and fee-free.

Andrei Dutov
CEO
Alexander Matushevich
Co-Founder
Mikhail Sulaberidze
Co-Founder

Quantity: 60 000 000 with limitation to issue more tokens

Exchange rate: 1 ETHEREUM = 3000 ROOMDAO coin

Token sale: 39 600 000 ROOMDAO COIN

Token distribution:

66% – Public;

20% – Foundation;

10% – Team;

4% – Bounty, Advisor, Partnership.

Rate history

The first professional digital rating agency DigRate has assigned 4.2 points out of 7.0 to the RoomDAO project.


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. 
____________________________

Investment attractiveness score has been increased from 4.2 to 4.6, the Quality Rate has been upgraded due to MVP launch.







Token
Roomdao
Price
1 RDC = 0.1 USD
Soft cap
5,000 ETH
Hard cap
10,000 ETH
Bonuses at Pre-Sale
up to 30%
Bounty campaign
yes
Platform
Ethereum
Token type
ERC20
Accepted
ETH
Country
Georgia

Downloads and links

Website
Review
Whitepaper
Rating scores express an opinion of Digital Rating Agency and do not have any fact-finding mission or recommendations to buy, own, sell any of the assets or 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 assessments from 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 the official site www.digrate.com
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Disclaimer
Лицензия Creative Commons
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