Building Trust with Blockchain in International Trade
TraDove will use Ethereum based tokens, blockchain technologies, and advanced user authentication to solve the fundamental trust problem in B2B and international trade. Authenticated, vetted, and reviewed buyers & sellers will utilize smart contracts to execute trade across a global business-to-business platform, ensuring that payments are successful.
LinkedIn is not suitable for business. It does not authenticate its users. Most use public emails. Faking a LinkedIn profile is easy. It is too general and crowded. Most use LinkedIn for personal and professional relations oriented communication. It does not have product/service component.
TraDove has developed a proprietary process to authenticate its users in its general network. It is much harder to fake a profile. It is a social network tailored for corporate buying and selling people. It seamlessly connects business people, products/services and companies together to share knowledge, experience and opportunity in a much more relevant way.
How BBCoin Will Be Used
We will let corporate buyers use our services for free. We will let corporate sellers use our basic services for free and use BBCoin to pay for prioritized or value-added utilities, such as notifying sellers as to buyers' searched or expressed needs.
Q4 2017
Q1-2 2018
2018-2019
Q2-3 2019
Q3-4 2020
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
TRADOVE is a business social network platform that connects corporate buyers and the sellers through Business to Business (B2B) network and interconnected products of various companies hence ensuring credibility outside and within the network.
PROS:
CONS:
SUGGESTIONS:
Opportunities:
TraDove is an established business with over 250,000 users from over 200 Fortune 1000 companies. Very few ICO projects have this kind of user base.
TraDove’s advisors include Mike Honda, former US congressman, and Richard Rosenberg, former Chairman and CEO of Bank of America. Both made a video for the project, which we believe puts an end to the FUD that alleges the project is a scam.
Concerns:
For some reason there are chatter that the project is a scam. The FUD, while not true, has dampened the sentiment for this project. In the Telegram channel, people are discussing refunds for their contribution, which almost never happens.
The target users of BBCoin are corporate buyers/seller, and they are mostly not cryptocurrency users. Therefore, the use of cryptocurrency would become a barrier of adoption for those target users which would hinder the adoption of the project.
As the project’s value depend heavily on the network effect from having a large amount of buyers and sellers, we are not sure if using a token is going to help the business.
Conclusion:
Overall, we are neutral about both the short- and long-term potential for this ICO. Our thoughts of the tokens for short term and long term are as follows:
For short-term holding:
Neutral. Presale has been ongoing since November 2017, during a very strong market for altcoins, but has only raised a small portion so far. With the recent volatility we are experiencing, we believe it would be difficult for the project to successfully raise $52 million and have unmet demand after the ICO.
For long-term holding:
Neutral. We believe that the introduction of BBCoin into the business model would hinder the growth of the project. Therefore, we are uncertain how likely the project will succeed.
This offer is based solely on information provided by the offeror and other publicly available sources.
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