What is ioeX?
The solution built on the framework of a distributed network, ioeX integrates the internet, IoT, and blockchain. ioeX provides companies in the smart device supply chain with better data transmission, file transfer, and information communication capabilities.
With smart device software updates as its point of entry, ioeX helps enterprises significantly reduce operating costs. Device users can get IOEX coin rewards for sharing bandwidth and data storage on the ioeX network. The IoT network drives the value network, and bootstrap node business partners share the benefits.
What are the value drivers behind the token price of ioeX?
The main value driver behind ioeX token price is the demand for the use cases of tokens on the ioeX ecosystem.
ioeX ICO Review and Analysis
Review and analysis of ioeX by ICO analysts:
Strengths
- The project has attracted great partnerships already and has strong technical team to reach the milestones of the project
- The value proposition of 70% cost savings in data transmission and software updates is great
- Community support is very good with 11.9k Telegram members and 2.5k Twitter followers
Potential concerns
- Some of the team members profiles on LinkedIn are not that well connected
- Only 20% of tokens are allocated for token sale
ioeX ICO Rating: A
ioeX rating breakdown by ICO analysts - Learn more about the rating and grading here
| Rating category | How to evaluate | Rating |
|---|
| Team legitimity | How experienced is the team in terms of blockchain and project industry track records? | 3.8 |
| First Impression | What kind of first impression the ICO website and whitepaper gives? | 4 |
| Potential of tokenization model | How appealing is the token from both project business and ICO investor's point of view? | 3.5 |
| Hard Cap | Is the hard cap of the ICO appealing from investor's point of view? | 3 |
| Token allocation + Fund allocation | How are the tokens allocated after token generation? How are the funds raised from the ICO going to be distributed in moving forward with the project? | 2.25 |
| Professionalism of the available material | How good are the marketing materials of the ICO? | 4.1 |
| Realism of the roadmap compared to the team size and budget | The roadmap is divided into 4 tiers according to different amounts of money raised | 3.5 |
| Partnership network | Has the ICO announced partnerships, if so how big and credible companies are they? | 4.75 |
| Background of the managing organization | Has the managing organization a successful track record in business? | NA |
| Size of social media communities | How big are social media communities, especially Telegram and Twitter following? | 4.25 |
| Reviews on other ICO sites and media | Are there other reviews of the ICO available? | 3.5 |
| Is it easy to find the relevant information from the provided materials? | Is it easy to find the relevant information from the provided materials? | 4 |
