|Industry:||Smart Home Solution|
|ICO Timeframe:||12/01/17 – 02/28/18 (PreSale & ICO)|
|Token Supply:||100,000,000 VIOX (70% Crowdsale)|
Vionex (VIOX) is a Smart-Home-App with a home system based on blockchain technology for automated, smart living. It aims to build a home for the future with fully automated control encompassing every aspect of living. Both individual users and management companies will have access to information concerning security, lighting, heating and cooling as they are all recorded on the blockchain. Users therefore are able to customize and automate the home management system as they wish for it to function. The VIOX token is integrated with all Vionex products. It will help to improve product use, contribute to the ecosystem as well as allow for product access and ownership. While the token provides access to valuable features within the Vionex platform, the Vionex mobile applications will not require its use for basic functionality.
PROS: Softcap of $2,000,000 already reached, well-rounded experienced management team, integration and connectivity of technology in the home is an expanding industry (popularity of Alexa, ihome, etc.), smartphone integration app and use of blockchain technology ensures ease of use, reliability and security of the system.
CONS: Relatively sparse whitepaper which does not go into much detail, no means of verifying legitimacy of management team bios (no Linked-in, etc), lack of advisory board, not a wholly new concept (not a first mover in the industry), existence of large global competitors (Amazon, Google, Apple), early in development.