sentinel

CONCLUSION

CONCLUSION

Sentinel appears to be super promising both as as short and long term (1Y+) investment. Short term the demand should be huge, long term the potential is significant due to scope.

The project is at a very early stage of development however - this is something that has to be considered however.

Idea: 9/10

Documentation, Website and Social media: 7/10

Existing Product: 7/10

Token Usage and Roadmap: 9/10

Team, Advisors and Partnerships: 10/10

Token Economics: 9/10

Idea

IDEA

• The Sentinel Chain is a business to business marketplace designed to provide affordable and secure financial services to the unbanked.

• The project will be divided into 6 main sections:
• for insurance companies to publish livestock insurance on blockchain
• loan agreements on blockchain, hedged on livestock collateral
• collateral to borrow from overseas financing companies
• crowdfunding platforms, community projects and electronic payments with local merchants

• Verdict: Big in scope project with several promising segments. The main feature is actually quite unique so the potential is there with the possibility of the project dominating the market.

PRESENTATION

PRESENTATION

• The website is simple but it manages to present the information really well. Not very flashy but clear and to the point.

• Whitepaper is 50 pages - very detailed but the information could be presented better with some graphs or pictures. There is no other paperwork like one pagers or presentations.

• The roadmap is very detailed, official blog available but no FAQ. All of the social media is there.

• The team is listed on the website with links to LinkedIn. No team descriptions

• Verdict: The quality is okay - there are some potential improvements like FAQ or one pagers but good overall with the information presented well.

PRODUCT

PRODUCT

• There is a product demo of the Livestock RFID Tag With CrossPay - video available on Youtube showing the functionality. Trial in Bangladesh recently annouced.

• The beta testing will take place in Q2 2018 with the CrossPay going live in the first unbanked market in Q4 2018.

• The full version (Sentinel Chain v1.0) will go live at the beginning of 2019 but the documentation surrounding the project appears to be very technical.

• Verdict: The basic demo is available, the technical documentation is good and the product trials were done already.

Usage

TOKENS AND ROADMAP

• Sentinel Chain Token (SENC), will be primarily used as a medium of exchange for the Local Community Token (LCT) which is then used to make payments for services or participate in projects on the CrossPay Blockchain. Activity on the Sentinel Chain will be performed solely using the Sentinel Token.

• LCT can only be purchased using SENC and it will be pegged to the value of the country’s native currency so this way it will be stable. People will be able to purchase services with LCT.

• Verdict: Interesting system of two tokens: one stable and one volatile working together to create an ecosystem. The roadmap is okay but it will be a long time before the main system is live.

TEAM

TEAM

• Based in Singapore. Company called InfoCorp
• Founded in 2015 with 13 team members.
• Management include business developent direcot of BCS Information Systems, president of Singapore Fintech Association, founder of CoinPip, CEO of Bitcoin Exchange (ATMs in Asia).
• 9 advisors listed with impressive portfolio
• Partnership with Vechain, MediShares, Maybank (Malaysia largest bank), Fenbushi Capital (first China-based venture capital firm) and iGlobePartners (Singapore based Venture Capital)

• Verdict: Very impressive. Team could be considered small but carried by experience, amazing partnerships and decent advisors.

TOKEN ECONOMICS

• Pre-sale competed (raised $6.4M)
• Main sale: first week of March
• KYC Registration Date: 5th February
• accepted: ETH
• USA and China can't take part.

• MAXIMUM CROWDSALE CAP: $14.4M ($8M main sale + 6.4M pre-sale)
• PREDICTED MARKET CAP (if all tokens sold): around $25M (320th place)
• TOTAL MARKET CAP WITH UNUSED TOKENS (if all tokens sold): around $36M

• Verdict: Very good ICO conditions. Low hard cap and mcap, bonuses small and bonus token locked. Proof of support is better than proof of care since it doesn't encourage token dump. I expect the tokens to sell out quickly.

TOKEN ECONOMICS