Last Update
Mar 28, 2018
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RightMesh is a distributed network that incentivizes people to share mobile device resources, such as Internet, data, and storage, with those who lack access, thereby increasing global connectivity and facilitating international communication and commerce. RightMesh provides a decentralized Internet infrastructure, which is less vulnerable to disruption by natural disasters and deliberate interference from oppressive regimes. There are a lot of software applications that claim to be decentralized but rely on centralized infrastructure at the hardware level; RightMesh is the first truly decentralized network and platform that is actually p2p (peer-to-peer). Parent company, Left, is an 80-person multinational company and has invested more than $5 million in RightMesh.
RightMesh networks are self-forming, self-monitoring and self-healing without user intervention, utilizing WiFi, Bluetooth and WiFi Direct connections between devices.
High bandwidth connections between nodes allow for media rich content to be transferred over high speeds across a RightMesh network.
Data can be sent reliably over multiple hops and multiple paths to the destination, ensuring no loss in critical data.
RightMesh is a networking platform that developers can easily deploy and integrate into their Apps.
Verified 33%
Attention. There is a risk that unverified members are not actually members of the team
Overall, we are neutral about both the flipping and long-term potential of the ICO. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping
Neutral. The TGE process is drawn out and the project does not have much market awareness now. The hard cap of $30 million is also high in the current market.
For long-term holding
Neutral. We believe this type of project requires sophisticated knowledge in the target markets that the team aims to operate in (for example, Africa, South America, and Southeast Asia). However, with almost the entire team being in Canada, we don’t see the local expertise in the team’s profile.
We also believe it would be a long way until this project sees adoption and RMESH tokens get used.
Technologies that dramatically reduce the cost of providing connectivity while maintaining high levels of reliability and low operational costs will surely introduce improved opportunity for people to work with businesses in places where infrastructure is on the back burner. A combined ability to easily communicate and facilitate transactions will enable effective functional use of their token while increasing value for its ICO investors. As RightMesh aims to improve peer to peer technology, their decentralized vision to bring communication to impoverished areas is a goal that is worthy of a nominal investment.
Important hurdles will still need to be overcome, because RightMesh will use Ethereum tokens to power its operations, performance will likely be subdued as they will require a full internet connected node within a mesh network to process transactions. State channel technologies can theoretically work to improve user experience on the mesh network, though this consideration has not directly been made by their team. User incentives to improve platform adoption are not well defined, as a result this ICO may only see profit in a long term scenario. It is critical that RightMesh develops beneficial partnerships with companies that tailor their solution to specific use cases, if they can be successful in this area, then the world may become a better place for many of us. Although the project looks promising, it is difficult for us to make an investment judgement with the information provided.
Larger market players are able to overcome the problem stated by Rightmesh more effectively with their vast experience Not detailed market entry strategy.
The success of the project depends on the technology and unfortunately token here as a concept is not an integral part. Blockchain technology utility is not proven so the project has a little chance to become breakthrough. No prototype available for testing The project is considered to be complicated enough and tries to overcome a global problem, such aims are too optimistic on the current stage of development The obstacles may rise when buying cryptocurrency in developing countries that may be a barrier for Rightmesh.
Rightmesh uses too categorical speech concerning their competitors, government and blockchain projects highlighting an unfair situation with the Internet in the world and the uniqueness of Rightmesh’s concept without any constructive analysis. It seems that Rightmesh hopes to attract investors mostly on emotional level Token utility for project functionality is not proven, so the token price rise stimulus is not clear.
Low share of tokens for crowdsale – 30%, breaking market mechanism of setting the fair price for token No financial estimation provided Funds raised usage is not described in details so required funds may be unreasonable.
Generally the team combines the work under the project with work at another companies including CEO The project includes serious technology implementation but the project suffers the lack of experienced technical specialists.
The project purposefully does not focus on the commercial component.
The main idea of the project is to provide the Earth population with a communication services using a fairly new technology - a mesh network. Considering the fact that almost 4 billion people do not have access to communication services we can say that the project has a great future.
It is not worth to invest in this project solely for the sake of high incomes. Your investment in this project is your good will and desire to improve the world.
