This is the final part of the series and if you have missed the first and second part of the SyncFab project evaluation. Check the links below
In this part I will be talking about this project ICO and token structure.
Reasons Why Syncfab Will Be a Success
Before investing in projects I always do my personal research in order not to fall for scams and to know fully well what I am investing my capital. My research has both qualitative (team, Project and roadmap) and quantitative (token metrics; token price, total supply and allocation) elements to it.
The Project
The first thing I consider in a project is whether or not there is a working prototype for the project. This will assure me that the project will do well than make empty promises just to raise money from the public.
The SyncFab project has a good and working prototype which you can actually test run through their website: https://blockchain.syncfab.com
Aside from the prototype, the purpose of creation is also an indispensable factor. Syncfab is also created to solve an existing problem in the manufacturing process.
The Roadmap
In Q4 2013 the idea and concept of SyncFab was birthed. Syncfab then went ahead to launch Local Product Development Design and Manufacturing Ecosystem. In Q3 2017 SyncFab 2.0 launches Regional Advanced Manufacturing Parts Procurement Platform and went further to start their MFG Token Presale in Q4 2017. The token sale is going on presently in Q1 2018. I strongly believe that SyncFab can meet the remaining milestones on their roadmap. You can check the website to view the roadmap. https://blockchain.syncfab.com
The Team and Advisor:
The team of a project is an important factor to consider, because it goes a long way in determining how well a project will succeed.
Syncfab has a team of 11 members ranging from the CEO who is Mr. Jeremy Goodwin to other members of the team that are experts in different fields like technology, designing, marketing and blockchain developing. I believe this team is capable of delivering this project.
Token Structure:
The token sale started on 15th February 2018 and will end on 15th March 2018. Interested participants are required to get whitelisted and pass the KYC (know your customer) to as to be able to participate.
Ticker: MFG Token
ICO Token Price: 1 MFG = 0.12 USD (0.00020 ETH)
Fundraising Goal: 20,400,000 USD (33,000 ETH)
Total Tokens: 1,000,000,000
Available for Token Sale: 30%.
Official
Official website https://blockchain.syncfab.com/
Telegram community https://t.me/syncfab
ANN Thread https://bitcointalk.org/index.php?topic=2286102.0
Disclaimer:
This is my personal estimation about this project. I would propose you do your own research about this project before you invest in it as I am not a business advisor or analyst. I shall not be deemed responsible for any profit or loss incurred for investing in the project. Thank you
My Bitcointalk Account: https://bitcointalk.org/index.php?action=profile;u=1633818