Although the idea and features of DUO Network are fully disclosed in the whitepaper and the project is presented on the main community channels, there is a lack of information regarding the ICO. Additionally, there is no information on the budget plan, which makes the project’s economy look unclear. The project has already attracted interest from several investors. But there is a lack of information available on these companies and no information on seed funding, which makes it hard to evaluate the level of interest from these companies. Currently the DUO community is quite small, but according to the team, a bounty program to expand the Telegram and WeChat groups is planned. The development of the project has been carried out in accordance with the roadmap. As of mid-July 2018, an MVP in the form of two demo dApps is available. All components work well and the smart contracts are available on GitHub, but unfortunately the smart contract code is hidden and can’t be verified. However, an independent audit for each of the smart contracts is due to be carried out and the information from them will be available to the community. The roadmap provides a short overview of the on planned activities for the current calendar year. At the time of the review (mid-July 2018), all announced activities. All announced activities as of mid of July 2018 are have been fulfilled, including the implementation of the demo dApps. However,But there is a lack of information regarding upcoming the activities after the ICO, including business operations and further development. Stable coin solutions are an attractive instrument to involve more conservative investors into blockchain, by strengthening the use case for cryptocurrencies by serving as a non-volatile tool. Based on the history of already existing solutions, such as Tether, MakerDAO and DigixDAO, it is possible to assume that DUO Network could have a short or medium-term success. As it relies on Ethereum, like MakerDAO and DigixDAO, the further success of the solution will depend on the volatility of this underlying token. There are 9 team members, including 2 Co-Founders. The majority of them are currently a part of the FinBook company. FinBook is a startup company focusing on cloud-based portfolio analysis solutions, DUO Network is one of its projects. Although there are back-office specialists, there seems to be a lack of developers and engineers. It is worth to noting that one team member does not list their affiliation with the project on their LinkedIn profile. he whitepaper discloses the main features of the DUO token, including the functions of tranche tokens in smart contracts. It is assumed that fees can be paid in ETH as well, so the need for DUO tokens is not obvious. Details on the use of proceeds are also unclear. The token price analysis highlighted the potential risks for token price stability due to token price volatility. It should be noted that this factor also affects similar solutions and could be eliminated in the near future. The main risks for the project are related to the disclosure of information about the ICO, token economy and project development. The project will probably publish more details before the crowdsale.