markspace-ico-review
Company: MarkSpace
Industry: 3D/VR Marketplace / Entertainment
Website: https://mark.space/
Whitepaper https://mark.space/files/wp/WP_en.pdf
Headquarters: Singapore
Token: MRK
Platform: Ethereum
ICO Timeframe: 01/23/18 – 02/28/18
Token Supply: 3,000,000,000 MRK (100%)

 

MarkSpace is an eco-system allowing users from all over the world to communicate with each other in a social and economic way, create new content, consume goods and services from the platform’s other users. This project combines ideas with the most progressive technologies, such as VR/AR (virtual reality/augmented reality), blockchain and smart contracts.  The proposed ecosystem creates new opportunities for retailers, developers, freelancers and investors, using state-of-the-art VR and 3D technologies.  MRK tokens will be used to support the economy within MarkSpace’s ecosystem, acting as a form of payment in its commerce and community districts.

 

PROS: Programming partially complete and high-quality demo available, experienced management team with a very deep bench (all key personnel in place), strong advisory board, founders have invested significant equity, all proceeds will be used towards project, impressive list of partners

 

CONS:  Competition from other VR/Blockchain projects, VR is not yet widely adopted, project is extremely bold and may fail to thrive without the appropriate amount of funds dedicated to marketing and forming additional partnerships

 

SCORE: 76/100