cryptokafe-ico-review
Company: Crypto N’ Kafe
Industry: Trading Platform / Coffee
Website: https://cryptokafe.io/
Whitepaper https://cryptokafe.io/white-paper/
Headquarters: Mauritius
Token: CNK
Platform: Ethereum
ICO Timeframe: 01/18/18 – 03/25/18 (PreSale & ICO)
Token Supply: Uncapped Token Supply
 Score:  44/100

 

In the wake of myriad challenges faced by the African Coffee Industry, Crypto N’ Kafe has introduced Blockchain technology in the industry to facilitate farmers, retailers, roasters, traders and end-consumers. This technology will be utilized in the form of an ecosystem to deliver a remodeled market experience with proposed end-to-end benefits.  Crypto N’ Kafe is a decentralized consumer ecosystem, based on smart contracts and powered by Ethereum Blockchain technology. This ecosystem serves the farmers and the consumers to collaborate directly and overcome the domination of retailers plaguing the African Coffee Industry.  Availability of smart contracts makes it possible to seamlessly facilitate different operations within the coffee growing, harvesting, roasting and distribution processes.  Crypto N’ Kafe’s ecosystem aims to assist in fair trade, free from hidden or unfair markup transactions on the African coffee.

 

PROS:  Plans to list on exchanges quickly after ICO (Crytopia & Coinmarketcap.com), addresses core problems faced by small coffee growers in Africa (ie. inefficient distribution, intervention by central authorities; banks, governments, etc.).

 

CONS:  Early in development (iOS and Android wallet not scheduled to be developed until mid-2018), advisors lack experience in coffee industry and trading, management team is blockchain developer centered but does not have any “real world” pertinent experience in the coffee industry, lacks partnerships / contacts in the African coffee industry, lack of hardcap could lead to misuse of funds, token supply not explicitly capped.

 

SCORE:  44/100