NOVAM ico review & rating

NOVAM ICO Review & Rating

Distributed Cybersecurity for IoT
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Review & Analysis ❯ Website⇱ Whitepaper ❯
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What is NOVAM about?

NOVAM uses distributed ledger technology and AI to automatically monitor and mitigate IoT threats from the secure boot chain, operating system, mobile application and network. NOVAM also provides auditing & regulatory compliance integration to threat monitoring and detection services to ensure system events are included on an immutable distributed ledger.

 

What are the value drivers behind MNVM token price?

The main value driver behind MNVM token price is demand for benefits NOVAM offers. NOVAM will approach the market in a collaborative and agnostic way
to integrate in each category by:

  • White Label / OEM
    • Companies pay NOVAM to license and rebrand NOVAM’s IP.
    • This includes paying for custom functionality within a system.
  •  Channel Partner
    •  NOVAM receives % of transaction fee for being a channel partner.

NOVAM ICO Review and Analysis

Review and analysis of NOVAM by ICO analysts:


Strengths

  • The project has established a small but effective and experienced core team and advisory board
  • The co-founders have previous successful business in this area and are now ready to implement blockchain to it with this ICO
  • Marketing materials are visually pleasant and overall professionally crafted

Potential concerns

  • The hardcap of the project is very attractive, but there is is risk that 2m usd will not cover all the expenses before reaching profitability
  • At the time of the review the social media following was low
  • There is a total of 39% of tokens reserved for long-term budget and marketing, which is a concern from ICO investor’s point of view

NOVAM ICO Rating: BB

NOVAM rating breakdown by ICO analysts - Learn more about the rating and grading here


Rating categoryHow to evaluateRating
Team legitimityHow experienced is the team in terms of blockchain and project industry track records?3.65
First ImpressionWhat kind of first impression the ICO website and whitepaper gives?4
Potential of tokenization modelHow appealing is the token from both project business and ICO investor's point of view?3.15
Hard CapIs the hard cap of the ICO appealing from investor's point of view?4.75
Token allocation + Fund allocationHow 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?2.5
Professionalism of the available materialHow good are the marketing materials of the ICO?3.8
Realism of the roadmap compared to the team size and budgetThe roadmap is divided into 4 tiers according to different amounts of money raised3.3
Partnership networkHas the ICO announced partnerships, if so how big and credible companies are they?1
Background of the managing organizationHas the managing organization a successful track record in business?NA
Size of social media communitiesHow big are social media communities, especially Telegram and Twitter following?1.75
Reviews on other ICO sites and mediaAre 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?3

What is the value proposition of NOVAM?

NOVAM uses distributed ledger technology and AI to automatically monitor and mitigate IoT threats from the secure boot chain, operating system, mobile application and network. NOVAM also provides auditing & regulatory compliance integration to threat monitoring and detection services to ensure system events are included on an immutable distributed ledger. NOVAM is the first Artificial Intelligence driven cybersecurity program utilizing DLT to increase the accuracy of its health check. NOVAM not only finds anomalies but also fixes them to boost your tech-immunity system, and even removes threats without prior knowledge of existing danger. Using machine learning and probabilistic mathematics, they plan to offer a security system that is ever-alert, always present and device agnostic.

 

The MNVM token

  • Token symbol: MNVM
  • Total supply: 2 000 000 000 (2 billion) REMCO
  • 30% of tokens, 600 000 000 (600 million), reserved for token sale
  • Whitelisting needed for early investors

NOVAM ICO Roadmap

Q3 2017

Ideation & Research

Q4 2017

Market research with IoT manufacturers

Q1 2018

Market research, Whitepaper creation

Q2 2018

R&D, Marketing prep, Advisor consultations, Legal

Q3 2018

Pre-Sale & Public Token Sale prep, Legal, Marketing campaign

Q4 2018

Build team, system health check development, bootloader development

Q1 2019

AI R&D, system health check private testing, additional partnerships, job openings

Q2 2019

NOVAM TestNet, AI network development, system health check TestNet private partner testing, job openings

Q3 2019

API build out, Analytics platform build starts

Q4 2019

Analytics platform and API testing with NOVAM TestNet

Q1 2020

AI network NOVAM TestNet, beta health check TestNet

Q2 2020

Rapid expansion to new markets

Q3 2020

AI Productization, Health Check Productization

Q4 2020

Marketing increase for new partnerships and clients

NOVAM team members and advisors

NOVAM ICO Adam Perschke
Adam Perschke
CEO
NOVAM ICO Ian Perschke
Ian Perschke
Head of Enterprise Architecture
NOVAM ICO Brooks McMillin
Brooks McMillin
Head of Security Operations
NOVAM ICO Ty Bartholomew
Ty Bartholomew
Head of Marketing
NOVAM ICO Christian Schnedler
Christian Schnedler
Advisor
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