Cryptyk

Market Competitive environment:
There are both large centralized players (DropBox, Google Drive, iCloud, Intel, Cisco, Amazon) and projects with blockchain:
Filecoin - $257 M is raised, capitalization is n/d, ROI USD - 1.45x
Holo - during ICO $20.4 M is raised, capitalization is $62.3 M, ROI USD - 3.08x
Dadi - $29 M is raised, capitalization is $9.5 M, ROI USD - 0.25x
Storj - $30 M is raised, capitalization is $72.1 M, ROI USD - 1.06x

SOCIAL ACTIVITY
The project popularity in the social networks and discussion forums
The project is not detected on the radar of influencers.
Facebook: 11,4k followers (the number is decreasing), the average number of likes per post is 1, without any discussion in the comment section, user activity is low.
Twitter: 10,3k followers, the average number of likes per post is 2, average number of retweets per post is 1, without any discussion in the comment section, user activity is low.
Bitcointalk: thread has 3 pages of the discussion, user activity is low.
Youtube: 30 subscribers, average number of views per video is 150, without any discussion in the comment section, user activity is low.
Vimeo: 3 subscribers, there is only 1 video with 43 views and without any discussion in the comment section, user activity is low.
Discord: 8,6k followers, user activity is low.
Telegram: 19,7k members (it looks like there is userbase cheating), the channel is used to share news (~3 in the week), for chat is used discord. Chat has 21,6k members, admins are responding slowly, most posts are not valuable and was made by bots to create an image of high activity, while it’s low

The success of any ICO depends on a number of critical factors which no-one can judge with any certainty. Two of these are project execution and future product adoption. However, if the strength of a team can serve as some kind of indicator for eventual possible success, then the Cryptyk team certainly appear to tick that box.

At the same time, the security of the blockchain would appear to make a natural fit for cloud-based services: the cloud is a particularly vulnerable place to store anything, judging from what appears to be the almost daily accounts of hacking episodes. However, the blockchain’s introduction of latency does mean that it may not be seen as the perfect solution by everyone – something which the team behind Cryptyk itself acknowledges.

The question therefore arises: can they achieve the “market optimum” discussed in the white-paper that will offer enough of both to make the final product a mass adoption success? Time will tell. One to watch.