|Industry:||Logistics / Delivery|
|ICO Timeframe:||02/07/18 – 05/16/18 (PreSale & ICO)|
|Token Supply:||1,000,000,000 DOR (51% Crowdsale)|
Dorado intends to transform the way goods move around cities by enabling anyone to have anything delivered on-demand. Their HyperLocal Logistics platform on the blockchain connects customers with local couriers who can deliver anything from any store or restaurant in minutes. Since the inception of Dorado’s previous incarnation, Foodout, the company has been continuously transforming the way people order things. Combining innovations in Artificial Intelligence driven chat-bot technology, deliveries by drone and robots with current Foodout’s infrastructure, operations, and big data from tens of millions of orders, Dorado ventures aims to re-invent the ordering experience on blockchain, while improving upon business inefficiencies caused by human. Modern lifestyles demand a much more tightly integrated service – nowadays almost anything can be ordered through apps and messengers lightning-fast, but the delivery industry has been slow to adapt to these changes. This is where Dorado steps in with vision to be the catalyst of a major change”, explains Jonas Karosas, the co-founder of Dorado.
PROS: Company has been in existence for over 3 years, backed by two venture capital firms with a strong performance record for delivering results on their investments, all relevant management positions have been filled with an impressive cast, positioned well to take advantage of the next evolution in delivery services (drone delivery already being pursued by a number of companies in both the U.S. and globally, Amazon, Domino’s).
CONS: Token value is structured to increase in value over the longterm (for true believers, not a typical short term crypto play) which could dissuade some investors, will most likely face stiff competition from large providers who have dominated the space for quite sometime (FedEx, DHL, and ultimately Amazon), project launch seems to be more like a traditional capital raise and does not necessarily leverage benefits of blockchain technology to the fullest extent.