Vibeo Ratings by CryptoStandard

A CryptoStandard Score of 5.9 and a Negative+ outlook are assigned to Vibeo (ICO starts on 19 March 2018).

Despite its strong composition of team members and advisors, the idea presented by VIbeo lacks originality. Our team sees Vibeo as nothing more than an ordinary app combining major features of several mainstream social networking apps. As a result, the competitiveness of Vibeo is very low. Therefore, a Negative+ outlook is assigned to Vibeo.

Vibeo is a social networking application which offers a payment system and communication channel using blockchain technology and cryptocurrency. It has a highlight feature of an interactive map, allowing different add-ons and services provided by merchants.

 It has a highlight feature of an interactive map, allowing different add-ons and services provided by merchants.

The analysis is based on our rigorous CryptoStandard Score model which is supported by over 80 parameters. The distribution of the score and the explanation are shown below:

Vibeo CryptoStandard score distribution

Idea
The idea of Vibeo is to create an extremely convenient app, serving as social media as well as payment gateways, making itself comprehensive. However, our team believes that incorporating cryptocurrency payment into a social media app does not help differentiate Vibeo from other social networking giants. The size of users is crucial to a social network’s success, but as the number of current active users in cryptocurrency is still limited, providing a payment gateway on a social media platform for cryptocurrency purposes may not gain significant traction in a short period of time.

Competitiveness
Vibeo fails to convince our team on how they will compete with other competitors. The current social media industry is extremely saturated with companies such as Facebook and SnapChat. On top of that, companies such as WeChat have already developed reputable social media platforms with their own payment gateways. Taking WeChat as an example, they have already gained a huge proportion of the market share in Asia. So with that in our minds, we are unable to determine the comparative advantage of Vibeo, which adversely affects its competitiveness.

ICO
The details of the ICO are clear and transparent. Our team also believes that the token distribution and the lock-up period of the team are reasonable.

Team
The team is diverse and strong. It consists of members from business, technology and marketing backgrounds. Despite the lack of technology advisors, other advisors have strong business and ICO related experiences.

Community
The community momentum is weak with a limited number of people following their Telegram group or Twitter page. For Telegram, they only have slightly more than 2,000 members. And there is only 800 followers for their Twitter.

Marketing
Vibeo uses a wide range of marketing channels to promote its ICO, including social media and rating sites in particular.

Documentation
Our team has checked all the documents of Vibeo, including the white paper, founders’ information and webpage. They are sufficient and consistent. However, only one language is provided for most materials.

Financials
Some financial information is given. However, Vibeo should provide more explanation and justification to make their projections and assumptions reasonable.

Reliability
The MVP has been produced at this stage. The MVP is not built on blockchain, making it hard to be further assessed. The blockchain-empowered platform is set to be ready by September, which is 6 months after the crowdsale.

Feasibility
The idea itself has no legal or ethical issues. However, our team believes that the existing competitors such as WeChat and the lack of comparative advantages will be a major hurdle for the team to overcome. The features proposed by Vibeo are not unique, making it very hard to attract users. This is particularly true in the social networking industry where the switching cost is significant due to network effects.

ANGELINA BORISOVA — CFO
Angelina is the Founder of Anagami Accounting & Consulting, Business Consultant and Corporate Trainer. The company provides accounting, payroll, legal and business consulting services to clients based in Bulgaria. Angelina has experience in various fields in the accounting industry and specializes in tax advisory, company creation process, value creation process, managerial accounting and strategic business decisions, accounting software development.

KALIN TSEKOV — COO
Kalin is a high skilled business owner. He is a blockchain enthusiast and actually Chief Executive Officer at Navigato, which is a platform that offers unique addresses and navigation based on W3W service. He is also an ICO Technology Advisor at The Open Source University. He serves on the board of several mobile application development companies.

Token Matrix:

Token — VBEO
Total Supply — 950 Million VBEO
Price — 0.0001 ETH
Soft Cap — 2000ETH
Hard Cap — 40,000ETH
Pre-Sale — 18th September to 2nd October 2018
Crowd Sale — 2nd to 31st October 2018

Verdict:

Pros:
• This project has good reach on it Telegram group. It has around 12,000+ members on telegram.
• The team behind this project has experience in fields such as finance, accounting, software development, blockchain, marketing, social media, etc.
• There are seven advisors for this project having different backgrounds such as ICO, blockchain, banking, marketing, etc. The advisors have previously worked in companies like Microsoft, PayPal, Bloomberg, INSEAD, Airbus etc.
• The third version of Vibeo iOS and Android app is available on the Google play store and Apple store.
• The project has partnered with gotaki, Blockchain founder fund, Navigato, Latoken and COINEXIS.

Cons:
• The project has low hype on other social media channels like Facebook and Twitter.
• The Vibeo app has only 100+ installs which shows that it has low reach.

Website: https://vibeo.io/
Whitepaper: https://vibeo.io/files/vibeowhitepaper.pdf
Telegram: https://t.me/vbeocoin
Twitter: https://twitter.com/Vibeocoin
ANN Thread: https://bitcointalk.org/index.php?topic=3005800.msg30912128#msg30912128

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Мое имя пользователя Bitcointalk: Folensplet
Мой профиль Bitcointalk: https://bitcointalk.org/ index.php? action = profile; u = 2132338
Мой ERC-20 ETH: 0x1Cbc85B722Af992615913f9a7bA7a5EB6A3d6745
Моя телеграмма: @ Alexandrovich19
Моя почта: granenkoigor9@gmail.com

Имя пользователя Bounty0x : stark

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Игорь Граненко

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