Blockchain-based voting platform VOTES is currently inwards its pre-ICO phase. Launched on August 1, 2017, the token presale volition proceed through August 31, 2017.
[Note: This is a press release.]
The Business Idea Behind VOTES
The principal sentiment lying behind VOTES is the voting platform. It uses blockchain in addition to smart contracts equally a footing for ensuring transparency in addition to foolproof-ness which are fundamental components inwards many populace polls, peculiarly the those hosted yesteryear governmental agencies, live on it unproblematic voting on some local matter, or prime number government minister elections.
Private companies mightiness request maintain a work for blockchain voting too, alongside vote manipulation existence i of the most oftentimes voiced complaints inwards diverse marketing polls in addition to surveys. The VOTES squad lists other work cases equally well: conducting examination at universities, shareholders voting, testing in addition to questionnaire for employees in addition to sociological surveys.
More significantly, the VOTES squad has already built a corporation product, benefitting from the codebase in addition to concern relationships of Simpoll.pro solution, a web-based voting platform alongside an active user base of operations of thousands of clients, including prominent businesses such as Samsung, Adidas, in addition to Bosch. Simpoll is also considered to live on i of the overstep online survey platforms inwards Russia, alongside over 5 meg survey respondents in addition to xl M local businesses, including Russian mesh giant Mail.Ru.
The Online Voting Market
IBIS World Analytics reports that the online voting marketplace has grown yesteryear 4.9% annually over the yesteryear 5 years in addition to accounts for roughly $2 billion inwards revenue for 2016 alone. The principal competitors of VOTES include Survey Monkey, Survey Gizmo, FluidSurveys, in addition to Qualtrics.
Market leader Survey Monkey emerged equally a unicorn startup inwards 2015, alongside its latest valuation estimated to live on simply about $2 billion. The CEO of Survey Monkey has reported $200 meg revenue inwards 2016, in addition to then it makes only almost 10% of the full market, which agency that either this marketplace is rattling competitive, or has plenty infinite for novel businesses.
VOTES Team
The VOTES squad publicly lists only four members on its website, however, it is believed that role of Simpoll evolution in addition to concern squad is on board the VOTES develop too. Due to the nature of the originating startup, everyone on the squad is Russian alongside instruction from i of the overstep Russian universities, MSU. Dino Pastos is listed equally projection advisor, who has been positioned equally a CTO or concern developer inwards diverse information technology / Gaming startups.
VOTES Token Model
VOTES tokens could live on used for the services that voting platform provides − that is, hosting surveys. The platform presents iii possible work illustration scenarios for the tokens: equally a fee for hosting populace poll, equally a bounty for respondents of the survey or examine takers, or equally a ticket for fellowship employees for taking role inwards corporate questionnaires. It is unclear whether the token is going to live on listed on i of the exchanges, but it seems that it is inevitable alongside the suggested work cases of the token.
About the Pre-ICO
VOTES is offering 10 meg tokens (12.5% of full token offering according to projection roadmap) during its pre-ICO stage, which volition destination on August, 31st 2017. The platform's squad is planning to pass gathered funds for marketing in addition to ICO launch. The Pre-ICO cost is only 5 cents per token, alongside ICO stage 1 cost laid at 10 cents in addition to ICO stage ii of xv cents. VOTES plans to assemble $100 000 during its pre-ICO stage.
Images courtesy of VOTES
The postal service Democratic Voting Platform launches Pre-ICO appeared stimulate down on Bitcoinist.com.
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