Project Name: Carry Protocol Kelly Protocol
Token Name: CRE
Token type: ERC20
Total tokens: 10,000,000,000
Total sales: 40%
Project Profile: A platform based on blockchain technology that connects different offline stores and consumers
Official website address: https://carryprotocol.io/
What's Carry Protocol
Despite the rapid development of online and mobile commerce, most of the consumption and transactions are still offline. Although the global offline consumer market is as high as US$250 billion, the introduction of new technologies is difficult and requires a great deal of effort and time. Leading to the existing offline business area still lagging behind in technology, there are still many areas to be improved.
The Carry team is a startup team of the Spoqa Points platform. Spoqa, which has been operating for seven years, has successfully expanded Dodo Points to become the largest tablet score system in Korea and Japan. At present, there are more than 10,000 cooperative shops, 15 million consumers and up to two trillion US dollars of annual offline payment data tracking scale.
In addition, Spoqa is the main partner of Carry Protocol, and all stores and consumer networks owned by Spoqa will serve as a starting point for the operation of Kelly's agreement, helping the Kelly deal to stabilize the market. At the same time, compared with competitors, various obvious advantages are also highlights of the differentiation strategy. The Carry Protocol is expected to be rapidly grounded and practically applied based on Spoqa's assets.
Although the Carry Protocol has not officially started crowdfunding, but the market is still relatively hot, as of now, Facebook is concerned about the number of 10723 people, 10317 like points, Twitter is concerned about the number of 13700, 22 tweets, 13 likes, telegram group 25000 people, The number of YouTube views is about 700, and the average Google index is around 50. There may be murmurs.
There are currently three major problems with offline businesses. First, each store has very little knowledge of consumers, because many of the consumer data management is poor and not complete. Second, consumers have no control over their payment data, and data are used by large enterprises to achieve profitability. Third, offline commercial advertising is out of date, lacks transparency, and advertising has no practical effect.
Carry Protocol's solution is:
Helping the store understand consumer needs and provide a communication platform;
Let consumers take control of their payment data and use it to achieve profitability;
Provide transparent and efficient advertising channels.
In China, the change in mobile payment allows a fruit stand to have its own user data. The introduction of blockchain technology enables merchants to better understand their users, save a lot of advertising costs, and obtain more accurate traffic.
Team
Grant Sohn | co-CEO
Stanford University Department of Economics, McKinsey & Company 2 years of experience, Rocket Internet, Spoqa co-founder, more than 10 years of relevant experience.
Richard Choi | co-CEO
He graduated from the Johns Hopkins School of Engineering, Cornell University, and was a researcher at SK Chemicals (3 years and 2 months). Founder of Spoqa, he has more than 7 years of relevant experience.
Swen Mun | Lead Developer
Spoqa Chief Technology Officer, full-stack engineer with database encryption protection work experience, graduated from Hanyang University.
Product Analysis
Technological innovation: Mainly the existing traditional retail and merchants combined with Internet and blockchain technologies to provide businesses and users with more convenient services.
Token related: The application scenario of Carry Protocol tokens is very detailed, mainly for payment, brand tokens, ie, loyalty points, profitability of payment data, advertisements, etc., which are described in detail in the white paper.
Development progress: It is still in the development of smart contracts and protocol APIs.
Code related: Official Reply The current GitHub code is only a smart contract for token sales.
Roadmap: The agreement API for smart contracts starting in the second half of 2018;
In the first half of 2019, the test wallet and preliminary POS (point-of-sale) R&D;
In the second half of 2019, the official wallet and POS will be on line;
In the first half of 2020, the advertising management system will be launched.
Financing Analysis
VC background: Hashed Capital, South Korea's top blockchain industry VC, South Korea's largest digital currency fund and incubator, and an early supporter of global projects such as KyberNetwork, OmiseGO, EOS and ICON.
Proportion of funds used: Funds raised through the token generation event will be fully used to develop the Kelly agreement and build an ecosystem.
30% of the funds will be spent on core R&D activities, 25% used to provide terminal hardware (Payment Hardware), 20% for Operation & Business Development, 15% It is used to promote Carry Protocol's penetration into the people's daily life (Sales & Marketing), and 10% is used as other funds.
Summary
The project has already had a very large number of users, and has formed a certain scale. The change in mobile payment allows a fruit stand to have its own data. The introduction of blockchain technology enables merchants to better understand their own Users can also save a lot of advertising costs and get more accurate traffic.
The top VC investment in the industry, with relatively complete team equipment, is a good project overall.