Interview with Rootblockchain ico team

@Rootblockchain is a flexible hybrid blockchain prividing BaaS (Blockchain as a service) for enterprise and retail clients with API driven environment.

Link: https://rootblockchain.io/

Here is the answers for my general questions from team on Date: 19th April 2018

Explain projects in 5 words / one line. :- Blockchain as a Service
Where the company is registered?:-Belize
Value proposition of the project :- Low cost and high speed for Blockchain as a Service (BaaS)
Who are the Closest competitors? : Considers IBM, Microsoft Azure and other crowd service providers.
What is the Unique feature?

Storing digital fingerprints of transactions in the blockchain.
Low transaction costs.
High speed blockchain operations.
Flexible options of Private and Consortium Blockchain for enterprises.(BAAS)
Secure digital vault (For storing data securely).

  1. Explain about Monetization. :- Transaction fee in RBC and initial setup cost for Private and Consortium Blockchain

  2. What is the Total number of team member including Advisor?:- We are 16 including Advisors

  3. Lead developer / Risk of losing Lead developer and backup plan.:- We have in-house development team and there is no risk of loosing developers as they are working as partners

  4. Vesting of token / Token economics / tokonomics :- Vesting of tokens are not part of smart contract, we have locking period of 1 year for the team, so no risk in componciating the development.

  5. Intended risk in future / Plans to address the risk.:- The only risk for ICO is of not reaching the softcap and in that case we will return the investment to the investors.

  6. Proof Of Concept & Minimum Viable Product. (POC & MVP) — MVP is ready (

)

  • What is the Marketing strategy.:- Bounty, PR and events, with strategic partnership.

  • Plans to Listing in Exchanges. — Already entered in to an agreement with Bancor(https://medium.com/@rootblockchain/root-blockchain-will-be-integrating-bancor-protocol-to-provide-token-liquidity-for-its-users-c9fce735dfec), talking to more exchanges as well

  • Business Development Plan. — We have partnered with yotravelbook(https://www.newswire.com/news/root-blockchain-partnership-with-yotravelbook-20438047), Connecting with singapore and south korea with strategic partnership

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