GabroTech 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: Brian Tse, Chief Digital Officer
ICO website: https://gabrotech.io/
Whitepaper URL: https://bit.ly/2A9mQAL
Restricted countries:
Hong Kong, Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, USA, Bangladesh, Bolivia, Ecuador, and Kyrgyzstan
Soft cap (USD): 0
Hard cap (USD): 50.000.000
Token Sale start date: July 31, 2018
Token Sale end date: August 31, 2018

Describe your ICO project in one paragraph: In Gabro, we have a vision to disrupt the loyalty rewards market and hand back the control of rewards rules to the public. Our open-loop decentralized ecosystem Gabro aims to provide consumers with the ability for instant redemption and manage multiple loyalty point and exchange them freely on a single blockchain enabled platform.
Our blockchain solution provides proof of ownership for rewards, contracts (terms) and conversion capability at low operating costs. New partners and coalition could be added to program almost instantly, with low security risk even if a partner is unknown and not-yet trusted.

How is your project different than other ICOs announced recently? Gabrotech is an open-loop decentralized ecosystem, which aims to provide consumers with the ability to instantly redeem and manage multiple loyalty points, and exchange them freely on a single blockchain enabled platform.

Is your token an utility token? What is its utility? Allows a user to manage multiple loyalty programs along with reward points.
And allows users to convert idle points from one program to top up another for redemption.

Does your ICO currently have partnerships or strategic relationships with other companies or organizations? Trade.io, Deloitte Center for Financial Services, Tencent WeStart Program, Adpost, China Unicom, Espeo Blockchain…

How do you plan to use the funds in developing the project? (Ex. 40% R&D, 20 marketing, 40% pizza) 35% R&D, 25% Marketing, 20% Working Capital, 15% Legal & Compliance, 5% Partnership & BD

 

As a conclusion, here are TokenCouncil’s ratings:
Project idea: 9
Token utility: 8
Partnerships/real world usage: 9
Overall media buzz: 8
Communication channels and openness: 10
FINAL SCORE 8.8