GIF by SOCIFI

GIF BY SOCIFI is a block chain based marketplace for sponsored data and other sponsored products and services.

PROS:

• Easy accessibility: The platform enables the users to acquire Wi-Fi  services easily  and pay for data at their attention time
• Transparency: The unique communication system adopted by the platform connects the sponsors, publishers and users through the block chain public ledger and distribution which transparently. Further all the transactions are  transparent and the sponsors can see clearly the amount of revenues that reached the publishers and any other transaction fees for the platform and media agencies
• The users can easily purchase data and equally acquire  media market place from advertisers and sponsors  using the platform
• Affordability: The  platform promotes direct sale  without the involvement of  middlemen  and chain cutting price making it affordable to all the users
• Easy application penetration : The brand new application  with integrated SOCIFI engagement solution  SES and SDK  enables the users to easily install the application and achieve rewards from its use through referrals
• Increased revenue: The developed self-care tool enables the advertisers to start  their own campaign within a short period of time  and media  agencies to  get a stake from the share of their add spending
• The team involved in the platform  has adequate skills led by Sidney Zdonek Honrych who is an expert in software development and established a software DPG investment  for developing tickets in  for enterprises customers  and government agencies making the involved personnel enough for full formulation of the project

CONS:

• The platform doesn’t take adequate application of KYC at the initial stage of the token release
• The  GIF token holders are not involved in the platform development

SUGGESTIONS:

• The platform should  engage Know Your Client(KYC) on ensuring security of the token holders
• The GIF token holders should be given more incentives  for being part of the platform 

NOTE:

There is increased use and demand of internet amongst the youths and the adults. This project ensures that this is achieved during their required time via an affordable and secure manner to fit each users intentions and requirements through the use of block chain making me to highly invest in with higher projected returns when applied in all areas.

Summary

Socifi has an amazing business model that’s been tried and proven with WiFi, and now they want to do the same with cellular data. It’s not often that you find an ICO to invest in that already has a plan that’s set in motion. This ICO can go nowhere but up.

Positives
Proven Concept: Socifi has already been around for years and has a large company with a proven track record.
Big Backers: Socifi has existing partnerships with some of the biggest companies in the world such as Coca-Cola, Microsoft, and Uber.

Negatives
Long Process: It could potentially take several years for the appropriate cellular towers to be put in place and the data network to begin being used.

Strengths: Established company, operating since 2014 in 67+ countries. Lots of signed partnerships, including the one with Cisco. Very detailed roadmap. Solid team with very strong board of advisors. Selected brands already on the marketplace: Microsoft, Uber, Coca Cola, Pepsi, KFC.

Weaknesses: no FAQs section on the website. There are no financial plan/projections, no marketing plan, no competitor analysis.