Bonafi ICO interview

Name and position of the person responding: Steve Kuh, CEO
ICO website: http://www.bonafi.io
Whitepaper URL:
Restricted countries:
China, N. Korea, Syria, Iran, Sudan, all countries banned by the USA
Soft cap (USD): 1.000.000
Hard cap (USD): 15.000.000
Token Sale start date: September 24, 2018
Token Sale end date: December 23, 2018

Describe your ICO project in one paragraph: Provides anti-Counterfeit Solution on Blockchain.

How is your project different than other ICOs announced recently? Tokenomics based on Rewards on the Bonafi platform.

Is your token an utility token? What is its utility?  Security. The token is used as Rewards to engage the manufacturers and the consumers to authenticate products on blockchain.

Does your ICO currently have partnerships or strategic relationships with other companies or organizations? NO

How do you plan to use the funds in developing the project? (Ex. 40% R&D, 20 marketing, 40% pizza) Research and Development: 25% Advertisement and Marketing: 25% Human Resources: 25% Operations:5% Legal:5% Miscellaneous: 5% Overhead:10%

 

As a conclusion, here are TokenCouncil’s ratings:
Project idea: 10
Token utility: 9
Partnerships/real world usage: 6
Overall media buzz: 9
Communication channels and openness: 8
FINAL SCORE 8.4

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.