snb-ico-review
Company: SNB Network for the Blind
Industry: Social Network / Mobile Devices
Website: https://snbtoken.com/
Whitepaper https://snbtoken.com/files/whitepaper.pdf
Headquarters: Unknown
Token: SNB
Platform: Ethereum
ICO Timeframe: 12/01/17 – 12/30/17 (ICO)
Token Supply: 200,000,000 SNB (65% Crowdsale)
 Score:  19/100

 

SNB is a blockchain network for the data processing and quick messaging (my page, messages, news, people search, friends, music, audio books, e-mail, etc.). The social network is based on the WGStick device, which allows the blind and partially sighted people to communicating with each other through well-known social networks all over the world.

 

PROS:   45% profit share in the company for weighted token holders, easier means of access to social media for the blind is certainly a noble endeavor.

 

CONS:  Atrocious whitepaper, highly targeted niche market dispersed throughout the globe, device prototype has yet to be developed, little to no development disclosed behind the idea for their social network, interesting idea but little faith in the ability to execute and deliver, does not leverage blockchain technology, essentially a “go-fund-me” for a half-baked idea, no information about management team.

 

SCORE:  19/100