Iagon ICO interview

Disclaimer: for the ICO section we have developed a short Q&A with ICO representatives. All answers are presented exactly as offered. The content of the answers is not altered in any way and is the sole responsibility of the ICO representatives. At the end of the interview, you will find a rating that is given by our team, taking into consideration different factors. We consider projects rated above 8 as good projects, however we strongly advise you do your own research, as our website does not contain financial advice.

 

Name and position of the person responding: Inged Sanchez – Community Manager
ICO website: https://www.iagon.com/
Whitepaper URL: https://bit.ly/2A97FqZ
Restricted countries: USA, China
Soft cap (USD): 2.000.000
Hard cap (USD): 20.000.000
Token Sale start date: July 7, 2018
Token Sale end date: October 7, 2018

Describe your ICO project in one paragraph: IAGON’s major aim is to revolutionize the cloud and web services market by offering a decentralized grid of storage and processing. IAGON is a platform for harnessing the storage capacities and processing power of multiple smart devices over a decentralized Blockchain/Tangle grid. IAGON enables users to store big data files and repositories, as well as smaller scales of files, and to carry out complex computational processes, such as those needed for artificial intelligence and machine learning operations, within a fully secure and encrypted platform that integrates Blockchain, cryptographic and AI technologies in a user- friendly way.

How is your project different than other ICOs announced recently? IAGON is the first company addressing the real need for decentralized cloud computing and storage services at low cost (<80% of AWS Amazon cloud services) for the emerging AI centralized services and applications. IAGON creates an AI decentralized architecture that Manages and optimizes spare/idle distributed computing power and storage around the world, creating a truly decentralized Global Smart Computing Network.

Is your token an utility token? What is its utility? IAGON’s token is a Utility token used for purchasing cloud services. Tokens are also rewarded for allocating computing resources to the IAGON network. Tokens can be sold in the marketplace and exchanged for fiat currency.

Does your ICO currently have partnerships or strategic relationships with other companies or organizations? 

Yes. Below is a list of our current partnerships:
● Oracle Gold Partner
● Enterprise Ethereum Alliance
● Cloud28
● SUSE
● Dragonchain
● Winjit
● Tiesdb
● Bounty0x
● Werkstatt

● NuccoBrain
● MediaNord
● Unit9
● LDJ Capital
● Forgeblock Capital
● Pecunio
● Vinq Capital
● Cocoricos.io
● Stox
● Crypto Voucher
● Credits
● Wings.io
● Zeus Protocol

How do you plan to use the funds in developing the project? (Ex. 40% R&D, 20 marketing, 40% pizza) 

10% – Legal &amp; Tax Allocation
20% – Education and Sales
20% – Operational and Managerial Expenses
15% – Data Center and Facilities
35% – R&amp;D and Platform Development

 

As a conclusion, here are TokenCouncil’s ratings:
Project idea: 8
Token utility: 8
Partnerships/real world usage: 9
Overall media buzz: 8
Communication channels and openness: 9
FINAL SCORE 8.4