StopTheFakes

STOP THE FAKES is a block chain decentralized service aiming to detect counterfeiting  and infringement of intellectual property rights .The users are able to trace and record  cases of  illegal use of logs, trademarks and take immediate action to address the infraction.

PROS:

• The platform enables  different people, developers and musicians to easily trace any counterfeit  affecting their work  hence providing high quality content to their users
• It enables the government and other public  organizations to reduce expenses on hiring  supervisory bodies and these allocations can be directed to other social needs
• The photos, videos taken by the doer are securely stored and transferred t right holders using block chain  based systems giving  them opportunity to take action against offenders
• The use of block chain and smart contract guarantees security to the storage of user data which cannot be accessed  by any third party  hence ensuring inalterability and authenticity
• The procedure of infringement detection is properly integrated and very easy to use
• The platform mobile application is readily available and downloadable from  the official goggle stores and play store  where users are able  a variety of services
• The platform is able to execute large number of information  within the  a short period of time  hence ensuring counterfeits are fully eliminated
• Good team: The project is led by the CEO Mikhait Krazhanovsky who has experience in information security and protecting intellectual rights

CONS:

• The STK coin is not fully compatible  with the other crypto currency
• The platform is subjected to implementations which might take time for full realization of the project
• The token does not more incentives to the users

SUGGESTIONS:

• Configure the token with other crypto currencies
• The token use should provide more incentives to the users

It's a good idea, the challenge will be if people will adopt widely. 

For a more indepth review see here https://cryptocoin.news/icos/ico-review-stopthefakes-io-fighting-counterfeiting-on-the-blockchain-3465/

Stop The Fakes really looks an amazing project to ponder. This new and novel project is innovative and facilitates intellectual property rights holders resources to detect piracy and infringements. This bright and innovatively designed platform not just protects your intellectual property, but also allows you to earn money if you find out rights infringement, as well.

While rights holders would for sure like to trace out who is illegally copying and infringing their services as well as goods, identifying these individuals is just one step – the second is putting a stop to the infringement in its tracks. Making so possible demands financial and legal resources, which it may not let rights holders spend much on rewards for infringement bounty hunters, as a result restraining Stop The Fakes as an income stream.

If you believe that this project is innovative enough and may get you monetary benefits, then get ready to join its token sale, which schedules to come about in March.

One of the most expensive aspects of running a company that does have some form of intellectual property is to ensure that their intellectual property is not being misused or copied somewhere in the world for counterfeiting for example is big business.

What StopTheFakes are planning to do is quite interesting, for if anyone can devise a way for companies, businesses or even individuals to track and monitor the misuse of their intellectual property it will be a popular service.

Looking at the funding aims of StopTheFakes, there is not much doubt in my mind they should be able to achieve their funding goals, and if they do follow their roadmap and achieve all that is set out in their whitepaper they should be a company that does make profits, and continued ones too.