Your Data Safe ICO interview

Name and position of the person responding: Mark Morgan CBDO at Your Data Safe
ICO website: https://www.yourdatasafe.io
Whitepaper URL:
Restricted countries:
China, Singapore, Bangladesh, Nepal, Macedonia, Bolivia, Ecuador, Pakistan, Algeria, Morocco.
Soft cap (USD): 3.700.000
Hard cap (USD): 8.000.000
Token Sale start date: October 1, 2018
Token Sale end date: November 30, 2018

Describe your ICO project in one paragraph: Your Data Safe is a Blockchain Based GDPR Complaint Data Management and Reward Platform.

How is your project different than other ICOs announced recently? Your Data Safe will give consumers bsck control of their personal data via direct rewards for allowing the use of their GDPR compliant data for marketing purposes.

Is your token a utility token? What is its utility? Yes, it is an ERC20 rewards token. Goods or services can be purchased within the platform and exchanged for affiliate rewards if prospect data is used for marketing.

Does your ICO currently have partnerships or strategic relationships with other companies or organizations? Yes. Best Rate, My Wish and Bounty0x.

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

25% Blockchain Development

20% Marketing & Advertising

16% Operational Expenses

12% Future Research & Development

6% Core Team

5% Miscellaneous Expenses

3% Token Distribution & Allocation

% Legal, Law & Compliance

2% Cyber Security

8% Bounty, Rewards & Ambassadors

 

As a conclusion, here are TokenCouncil’s ratings:
Project idea: 10
Token utility: 9
Partnerships/real world usage: 10
Overall media buzz: 9
Communication channels and openness: 10
FINAL SCORE 9.6

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.