A Closer Look at Howdoo Token and ICO

Summary
Name: Howdoo
Symbol: uDoo
Website: www.howdoo.io/
Whitepaper: https://howdoo.io/wp-content/uploads/2018/04/howdoowhitepaper.pdf
Hard cap: 25,000,000 USD
Bonus:
Price: 1 ETH = 6,425 uDoo
Token type: ERC20
KYC/Whitelist: KYC & Whitelist
Start and end date of ico: 2018-05-02 - 2018-06-02
Token supply: 888,888,888.
Available token for sale: 311,111,110

Project overview:
• At the highest level, the Howdoo ECO Company will maintain responsibility for supporting the Howdoo ecosystem, and for ensuring the platform’s is aligned to the objectives as laid out in this whitepaper.
• In addition, the ECO Company will also be the custodian of all remaining tokens, manage the Howdoo Revenue Distribution Engine, and drive the project roadmap forward. These are tasks that will be completed in collaboration with the Howdoo user community to facilitate a democratic process for network governance – with the Howdoo ECO
• Company actively involved in incentivizing the positive contributions of users and network operators through the Howdoo Revenue Distribution Engine.
• Members will also help ensure the core beliefs and underlying values behind the Howdoo project are maintained, and that user feedback is received, collated, and acted upon whenever necessary.

Token Role:
• As a further catalyst to the adoption and growth of the network, the Howdoo ECO will implement an incentive scheme for a limited period of time. To be more specific, the Howdoo ECO will release 21.5% of the available µDoo supply over a 3-year period as incentives to users, tellers, and node operators who form the early adopter backbone of the network.
• The µDoo token will be used to power purchases, payments, advertising campaign costs, and community maintenance. As the network’s popularity and user-base grows over time, there will be an increased volume of transactions in µDoo.

Concerns:
The strategy that’s going to help us get there Imagine taking all that’s right about it – the ability to stay in touch with friends and family, colleagues and like-minded individuals, to share news and updates, celebrate winning and overcome losing – and putting that power in the hands of the people actually using it.

Imagine a decentralized platform that doesn’t monetize personal data and content for the benefits of a few owners and shareholders. Rather it enables all involved to become part of a financially rewarding community of users who collectively benefit from the commercial viability of the network.

Imagine too a platform that properly rewards content creators for their efforts, provides a mechanism for followers to tip their efforts and offers advertisers the ability to connect directly with their target audiences, and to engage with people who have proactively agreed to consume this content in return for a share of the overall campaign cost.

A platform based on the values of equality, integrity, and meritocracy. Where a person’s contribution is translated into measurable value. Where advertising becomes a revenue stream for the person reading it, or simply switched off all together. And where the rewards for participation equate to real wealth that’s allowed to break free from the traditional limitations surrounding money transfer.
Token metrics:
60%
To be redistributed back to network operators, with he amount received by each operator dictated by their specific Proof of Trust score.
40%
Will be kept by the Howdoo ECO Company to fund operational costs such as the provision of liquidity for financial operators and ongoing development work.