STRYKZ ICO Review & Rating

With the STRYKZ token, the parent company Stryking Entertainment is looking to tokenize fantasy sports starting with their existing platform Football-Stars.com.

Review & Analysis ❯ Website⇱ Whitepaper ❯

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What is STRYKZ ICO about

Football-Stars will expand into being a community driven platform, with the STRYKZ token serving as an incentive for users to generate large parts of the content. Not only will users be able to create and customize their own challenges, but also submit football news pieces, provide injury updates or even information on lower leagues. The number of STRYKZ rewarded for such content submissions will be based on how many views and engagement their content generates.

STRYKZ ICO Review and Analysis

Review and analysis of STRYKZ by ICO analysts:

Strenghts

Great amount of media articles found on organic Google searches. Great visibility overall
Large, well connected and highly endorsed team
Large and active social media channels at the time of review

Potential concerns

Considering the amount of downloads on the app it seems that this project is quite behind of its competitors
Hard cap quite high considering the token allocation and scope of the product
Tokenization model seems kind of odd to be seperate from the other in-game currency

STRYKZ ICO Rating: A

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

Rating category	Rating	Comments
Team legitimity	4.75	Verifiable LinkedIn profiles
LinkedIn Profiles	4	Large, well connected and highly endorsed team
Background of Lead Team Members	4.25	Relevant backgrounds
Team Assembly and Commitment	3.75
Team Skill Set Relevance	4
Team Skill Set Balance (biz / tech / blockchain)	3.75	It seems there aren't enough blockchain developers on the core team
First Impression	4.5
Potential of tokenization model	2	Tokenization model seems kind of odd to be seperate from the other in-game currency
Blockchain Development	2
Disruptive Blockchain Advantage	3.5	Blockchain definitely brings some advantages like verifiable unique virtual items with fast and secure transactions between players
Need for a Custom Token (vs. BTC or ETH)	3.75
System Decentralization (besides token)	3
Contribution to Blockchain Ecosystem	4	Attracting users from outside the existig cryptocurrency scene is allways good for the ecosystem and adaption
Hard Cap	2.75
Token allocation + Fund allocation	2.75	Hard cap quite high considering the token allocation and scope of the product
Professionalism of the available material	4.5
Comprehensiveness	4.25
Readability	5
Transparency	3.75
Business Plan Presentation	3.5
Technology Presentation	3
Realism of the roadmap compared to the team size and budget	4	Quite vague but simple and realistic roadmap
Concreteness	2
Feasiblity	3
Vision	3.75
Dependencies (other services or capabilities required)	3.5
Current Position	2	Considering the amount of downloads on the app it seems that this project is quite behind of its competitors
Partnership network	3
Background of the managing organization	4
Size of social media communities	4.5	Large and active social media channels at the time of review
Reviews on other ICO sites and media	4.5	Great amount of media articles found on organic Google searches. Great visibility overall
Is it easy to find the relevant information from the provided materials?	3.75

Though Football-Stars platform is not just an engaging online fantasy gaming experience; it can also be offered as a “Platform as a Service” that is adaptable to almost any language, market and sport. Stryking will license their platform to partners, preferably with large existing online user bases, allowing them to market a revenue generating Fantasy League to their existing customers. When licensing the platform the STRYKZ token will function as it does on Football-Stars and many of the core features will stay intact. Through this model Stryking aims to bring fantasy sports to all corners of the world.

STRYKZ value proposition

The value of the token will increase as the platform gains users. Stryking has strong established partnerships, an existing product, as well as an active user base in the free to play version of Football-Stars. By creating the first community driven fantasy football platform will lead to a higher variety of challenges. Current Fantasy Sports providers create almost all user challenges themselves, leading to a focus on the bigger clubs and matches, resulting in less significant games being neglected. This is want Stryking wants to change, giving more power to users and ultimately letting them decide the exact content of the platform.