DAV Protocol ICO Review

in #blockchain6 years ago

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I am glad you guys like my last article on DAV where I introduced the DAV project, you can check out the article here. For today's article I will be doing ICO review for DAV protocol and at the end I will give my final conclusion if the project is worth investing or not.

Like I have always done in my previous article on ICO projects, I have four things I normally considered in any blockchain / ICO project before making my investment on the ICO, I will be highlighting and discussing them one after the one. I will start with the product the ICO is looking to build.

DAV Product

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DAV as we already know is building a platform that will enable all the players in the transportation industry to buy or sell transportation service and DAV have already started building the platform and it is no longer an idea on the white paper, anyone can have a test feel of what they have built so far at https://dav.network/protocols.html. DAV already have a working product this is why they have client in Shipping & Logistics ready to use the DAV protocol, the firm is based in Australian.

DAV Team

A quick glance at DAV Advisors really had me shout WOW! You know why? I will tell you, DAV have advisors are made of people who are from top giant firm like SAP, GM, IBM, Ford, Google, NASA, Ethereum, UPS, Cisco etc.

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You will agree with me that the success of any project depends on the team because your team experience determines how far your project can go having an experienced team who have gained experiences from different areas of expertise is a big plus for any project and DAV have got just that and I believe with the caliber of team DAV have working on this project, it will surely be a huge success in the future. You can find out more about the team members https://dav.network/#team.

DAV Road Map

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One of the things the investors will use to track the team progress is by checking the road map, road map shows clearly what the team have achieved and what they are currently working on and what is next to come, Judging by the DAV road map it shows the team is meeting up with their set target since the inception of the project which is on Jan 2017.

Looking at the road map they have launched Drone and first vehicle charging services and the next on the road map is their token sale which is currently ongoing and you can be part of it by visiting https://dav.network/token-sale

The Token Metrics (Token Allocation)

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From the investors perspective, no matter how good a project might seems to be, if they do not have a good token metrics then it is not good for an investment, because anyone looking to invest in any project, will want to make a profit either in a short term and long term.

Token metrics plays a huge role in determining my choice of project. And looking at DAV project they have a good token metrics because the majority of the tokens are been allocated to the public from the total supply of 1,940,199,335 DAV. Below is DAV token allocation:

  • Total Token For Public Sale: 46%
  • Total Tokens For The Team: 15% (vested)
  • Total Tokens For Long Term Budget: 20%
  • Total Tokens For Bounties And Partnerships: 25%

The above token allocation is good on the investors part because all the tokens will not be in circulation because the team tokens are vested this will make the value of the tokens to go high when it hit exchanges.

Conclusion

After going through DAV's product, the team, the road map and the token metrics, I am going to rate the project high and i am going to participate in their ongoing tokens sales and I will have their tokens for a long term hold because the transportation industry will keep growing as the world population grows every day and I see many people utilize DAV protocol for their transportation services in the future.

DAV Token Sale Is currently Ongoing and you can find more detail about the token sale at https://dav.network/token-sale-details.html

Visit DAV Official Contacts To Learn



Website: https://dav.network/

Bitcointalk [ANN Thread]: https://bitcointalk.org/index.php?topic=2614017.0

Whitepaper: https://dav.network/whitepaper.pdf

Telegram: https://t.me/DAVNetwork

Reddit: https://www.reddit.com/r/DAVNetwork/

Twitter: https://twitter.com/DavNetwork

Medium: https://medium.com/davnetwork

YouTube: https://www.youtube.com/c/DAVNetwork

GitHub: https://github.com/DAVFoundation

Disclaimer

This is not a buy / hold or financial advice I am just sharing my personal opinion on ICO's. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money

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I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!

Please also take a moment to read this post regarding bad behavior on Steemit.

Thanks for your upvote and comment. I will do as you said.

Could'nt wait for my first anonymous ride

haha... Sure you will, keep the hope alive and let the platform launch.

Mehn!
This is beautiful...

Yeah.. It's beautiful

Nice project review, I have invested in this project and hope it will moon, thanks for bring it here...

haha... Hope you had a little time to do your own research?

I give you thumbs up for this review, you did great, i am glad how you have improved over time now. keep it up.

Thank you so much, I really appreciate your humble guidance for these past months.

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