Five Balance (FBN) ICO Details and Project Review

in ico •  6 years ago 

🔜 Five Balance (FBN)

Five Balance is a human-based project, which aims to motivate people to recover their lives, fix their life problems and keep them away from depression.

Depression is a worldwide problem which 300 million people are suffering from. Most of them isolate themselves and enter a cycle which is tough to escape. With the Five Balance app people, who suffer that kind of problems or want to prevent themselves from getting depressed, will protect themselves by holding a solid life balance experience support and rewards from other people using the platform. It aims to be a tokenised community where people can organise their own events, be a mentor for others or receive mentoring. The ecosystem will reward the participants for improving their lives and solving their current problem. The application uses the Key Performance Indicator (KPI) method to check out the individuals’ live performance and their current state of mind. KPI will be measured by the indicators fit, financial, family, flair and faith (5F).
Five Balance Application represents the chance of people to decide where to begin for a new start, shows them opportunities and small tasks to get out of their current struggle.

Five Balance Platform uses FBN, an ERC-20 token. The token will be used mainly to support and reward the users of the Five Balance Application.

Five Balance's Token Sale is currently running, you can visit their website: https://fivebalance.com/ and press "Buy Tokens" to participate. They are offering a Bonus up to 20%.

🔶 Documents:

📑 Whitepaper — Five Balance Whitepaper: https://fivebalance.com/FBNWP.pdf)

🔶 Additional links:

🌐Website — https://fivebalance.com

✈️ Telegram — https://t.me/fivebalance

🕊Twitter — https://twitter.com/fivebalanceID

📘Facebook — https://facebook.com/Fivebalance

📺Youtube — Five Balance YouTube Channel: https://www.youtube.com/channel/UCWjlUPRBIqhY-iZ8I_EngxA

🐱Github — https://github.com/fivebalanceID

🗣Bitcointalk ANN — https://bitcointalk.org/index.php?topic=5033585

🔗LinkedIn — https://linkedin.com/company/fivebalance/

📝Medium — https://medium.com/@fivebalance

🔶 ICO- Information/Dates:

Symbol: FBN
Token type: ETH (ERC20)
ICO Price: 1 ETH = 12,000,000 FBN
Min purchase: none
Total supply: 20,000,000,000 FBN
Available for sale: 15,250,000,000 FBN
Soft cap: 208 ETH [reached]
Hard cap: 1042 ETH
ICO Start Day: 24th September 2018

Five Balance´s Token Sale is currently running, you can visit their website: https://fivebalance.com/) and press "Buy Tokens" to participate. They are offering a Bonus up to 20%.

🔶 Our Score:

🌕🌕🌕🌗🌑 3.5/5

It is always good to see human-based projects on the market. The idea behind, fighting one of the major-illness in huge cities sounds interesting and the point that they can already provide an MVP is a plus as well. However, the whitepaper itself is rather short and does not enlighten us how they will use the blockchain for an application which could exist without blockchain as well. Other than this, to build a universal accepted app to prevent and cure depression will need a larger team with a lot of experience in the field. Of course, it would be great to see a project like this succeed, but to achieve this, it still needs a lot of work.

🔶 Promotional video:

Five Balance MVP video:

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