avatara ico review
Company: Avatara
Industry: VR Travel
Website: https://avatara.world/ico
Whitepaper https://avatara.world/ico#documents
Headquarters: Belarus
Token: VTR
Platform: Ethereum
ICO Timeframe: 03/06/18 – 04/21/18 (PreSale)
Token Supply: 7,320,000,000 VTR (60% Crowdsale)
 Score:  38/100

 

In simple terms an Avatara is a person working for you for $5-50 per hour. Avatara has a phone with a camera or video glasses with a camera and the Internet and Skype connection. Avatara connects with you via Skype and broadcasts video and audio in mono or stereo format. In addition to Skype, customers can use other video broadcasting technology with video recording features. Customers can connect an interpreter to the communication channel by finding him/her on the Avatara’s site (if an Avatara does not know the customer’s language). In addition to glasses, Avatara can use a tablet PC or phone for your interaction with a collocutor via Skype.  On www.Avatara.world, a person marks himself/herself incognito on the world’s map so that customers can find him/her and connect to him/her. Any person in the world can receive earnings if connected to the Avatara system via the VTR token.

 

PROS:  Growth in travel industry, particularly millennials, looks to tap underserved travel market for lower income individuals, members of the team have been together since 2011, plans to list on Poloniex exchange post ICO.

 

CONS:  The project does not particularly leverage the benefits of blockchain technology, using ICO primarily as a capital raise, project is highly dependent on Avatara adoption and is centered around a human element which requires others to perform tasks on demand, highly likely that this could lead to problems and difficulties between customers and Avatara, team has yet to be fully formed (iOS and blockchain developers needed).

 

SCORE:  38/100