ODIN Platform (ODIN) ICO Review and Rating

What is Odin platform about?‍

The Odin platform is an all-in-one market place to promote the Initial Coin Offering (ICO) token and circulation of virtual currency related services. Users interested in ICOs will be able to access information on multiple ICO projects which passed rigorous ODIN WMA checks via the Odin platform with confidence. By purchasing Odin tokens users will be able to access and execute transaction on the Odin platform.

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The buy and sell process is managed through smart contracts and protected through advanced security measures. Users can obtain ICO tokens in their Odin wallets at the exact time the ICO body issues their tokens. After listing, the ICO token can be on all the exchange where the ICO is listed. Today’s cryptocurrency adaptation evolves in various ways. it expands at fast pace and affects e-commerce as well as numerous adjacent businesses. At the same time government and financial regulators are on high alert to protect its citizens and investors alike by defining and implementing rules & regulations to prevent potential fraud.

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As a result Odin is working on whitelisting measures with leading law firms to hedge ICO related risks through a rigorous vetting process enforced through the Odin platform. Information obtained and validated are shared through the Odin platform with enlisted user through its Ethereum ERC-20 blockchain implementation.

ODIN Platform ICO Review and Analysis

Review and analysis of ODIN Platform by ICO analysts:

Strengths

Highly attractive and realistic hard cap
Few partnerships presented on the website
Roadmap seems realistic and achievable. All the milestones presented are planned to be executed in 2018 and no further information is provided

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Potential concerns

Small social media communities at the time of review. We are expecting these numbers to grow significantly as the project progresses further
Few reviews but no actual media coverage found on organic Google searches. We are expecting this to change when the marketing starts to kick in

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Team size is quite small and there could be risks with the team losing a member etc. If something like this happens it could be dramatically change the outcome of the project. We think that the team size is okay for now, but they really can’t lose a member at this point. Highly unlikely but possible.

Projects social media communities are small and quite inactive. Twitter has no tweets from Odin platform and the Facebook page is quite inactive also. Telegram channel or group wasn’t found at the time of review. We are expecting these things to change for the better after there is some progress made.

What is the value proposition?

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The Odin platform will support initially:

• Whitelisted ICO with leading law firms

• A pre-ICO market place

• Subscription model

• Odin Wallet

• News and Media portal

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The Odin token sale

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During the token sale (pre-sale and the ICO):

65% (130 million) of the 200 million tokens will be sold to general customers
15% (30 million) will be paid out as business partner compensation and expenses
20% (40 million) will be retained internally as Odin reserve.

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Through those functions investors will be able to increase its value significantly:

a. To purchase/participate Pre-ICO sales through ODIN Platform.
b. To subscribe ICO intel and whitelisting information

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Summary

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Even though this is considered to be an attractive service for general investors who do not normally have the opportunity to participate in many new ICO token pre-sales, these benefits are just a part of the premium service on the Odin platform at the current time. In addition, under existing regulations, the content of the premium service, such as those that can be evaluated as falling under the ownership rights or dividends on the Odin platform, which can be obstacles in listing Odin tokens on the virtual currency exchange are not assumed.

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