Cyclean: satisfactory level of investment attractiveness | Digital Rating Agency

Cyclean: satisfactory level of investment attractiveness

09.07.2018

Cyclean: satisfactory level of investment attractiveness

We haven't put any reports out for a long time as we have been carefully studying CyClean - the Korean project for renting electric cars and other eco-friendly things. The company offers a completely new kind of mining based on the use of their products, rather than on electricity burning. Let's get to FAQ. Where is the blockchain? It's a rather obvious one - if you do not make timely payments for an electric car or a bicycle, transport will be blocked by a smart contract. Who will do all that and are there any agreements? The team cooperates with one of the creators of the JPay payment system (has been functioning since 2002, more than 1 million downloads), and the project will be integrated into it. DOGU and Eautobahn, developing systems for unmanned vehicles, are also among the project's partners. Who needs a project? If anyone knows about the pollution problem, it's Asia. And in general, it is is super trendy to care of the nature now. If everything is so cool, then why they have B1 score? There are many similar projects, and CyClean decided to keep their investors in secret and did not conduct a competitive landscape analysis. More details in our report.