Why was Deedcoin invented?
Deedcoin can save people 80% or more on real estate commission. That’s 5% of the total price of any property. Users don’t need many Deedcoin per home, because Deedcoin is not for paying for homes. Deedcoin is used to reduce the commission on the purchase or sale of a property down to 1% using licensed agents. For example, consider the sale of a million dollar home. Standard commission would be 6%, or $60,000 taken from the seller’s pocket using the old real estate system. Now, consider the same transaction using Deedcoin: The seller connects with their local Deedcoin agent using their portal. Then using Deedcoin, the seller eliminates 83% of the commission and only pays $10,000.
Deedcoin ICO Review and Analysis
Review and analysis of Deedcoin by ICO analysts:
Strengths
- Sizeable team with diverse backgrounds and work experience in the real estate investments, financial analytics, software and business development
- A professional and well supplementing advisor board
- Team is well aware of the technical limitations of the Ethereum network and are actively evaluating suitable alternatives for a potential future transition onto another more product suitable platform
- Blockchain utilization can solve multiple safety and transparency issues in the real estate and property rights management
- The project is managing well the legal compliance and the risk management aspects in the US markets
- Provided solution can really benefit end users and the whole value chain in terms of easier access to information and lowered data management and transaction costs
- Majority (70%) of tokens sold on the markets
- The project can reach high annual turnover in relatively short time, giving justification for the high $210M initial valuation
- The project has clear use cases with identifiable customer segments that possess purchasing power
- Realistic project timeline and track record of on-time deliveries of the previous milestone goals
- Solid and stable looking growth potential compared to many other more volatile blockchain market instruments
- Almost all of the materials are well prepared in terms of content and visual aspects
- Some visibility and pretty pretty good reviews on the sector promotion sites
Potential concerns:
- Multiple competing projects in the public and private sector to move the zoning and property ownership rights into a blockchain platform
- Social media groups could be bigger and more discussion could be facilitated to inform and activate the community to support the development process and rollout
Deedcoin ICO Rating:
Deedcoin rating breakdown by ICO analysts - Learn more about the rating and grading here
| Rating category | Rating | Comments |
|---|
| Team legitimity | 4.25 | |
| LinkedIn Profiles | 4 | Part of the team members are not very broadly networked or endorsed by their former colleagues |
| Background of Lead Team Members | 4 | Sizeable team with diverse backgrounds and work experience in the real estate investments, financial analytics, software and business development |
| Team Assembly and Commitment | 5 | |
| Team Skill Set Relevance | 4 | A professional and well supplementing advisor board |
| Team Skill Set Balance (biz / tech / blockchain) | 4.25 | |
| First Impression | 4 | |
| Potential of tokenization model | 4.2 | |
| Blockchain Development | 4 | |
| Disruptive Blockchain Advantage | 3 | Blockchain utilization can solve multiple safety and transparency issues in the real estate and property rights management
|
| Need for a Custom Token (vs. BTC or ETH) | 5 | |
| System Decentralization (besides token) | 4 | |
| Contribution to Blockchain Ecosystem | 5 | |
| Hard Cap | 5 | |
| Token allocation + Fund allocation | 4 | |
| Professionalism of the available material | 4 | |
| Comprehensiveness | 3.5 | |
| Readability | 4.25 | |
| Transparency | 4 | |
| Business Plan Presentation | 5 | The project can reach high annual turnover in relatively short time, giving justification for the high $210M initial valuation |
| Technology Presentation | 3 | |
| Realism of the roadmap compared to the team size and budget | 4.05 | Realistic project timeline and on-time deliveries of the milestone goals |
| Concreteness | 4 | |
| Feasiblity | 4 | |
| Vision | 4 | |
| Dependencies (other services or capabilities required) | 4.25 | |
| Current Position | 4 | Multiple projects in the public and private sector to move the zoning and property ownership rights into blockchain |
| Partnership network | 4 | |
| Background of the managing organization | 4 | |
| Size of social media communities | 1.25 | Social media groups could be bigger and more discussion could be facilitated to inform and activate the community to support the development process and rollout |
| Reviews on other ICO sites and media | 2 | Having more third party reviews about the process makes the research efforts easier for investors |
| Is it easy to find the relevant information from the provided materials? | 4 | |
