XTRIBE

XTRIBE is an M-commerce platform that takes advantage of the geolocation technology steered by blockchain to match the demand and the supply of its users.

PROS:

1. The platform enables the users to keep control of their information and transactions securely through the Xtribe store ensuring that the user’s details are inaccessible by unauthorized personnel
2. The platform use is less costly as  it eliminates third-party intermediaries  as well as shipping  and delivery costs enabling the users to  makes exchanges at a reduced fee
3. The platform  has  a well developed mobile application supported by Android and IOS systems which best fits the retailers, users and professionals in the industry as it can adapt to different  languages
4. The platform through its credit system enables the users  to easily acquire goods for regular sales
5. The platform team members have adequate  skills and experience in business management  and sales and marketing enabling easy project implementation
6. The platform whitepaper  is simple  and understandable  enabling the extensive use of the XRBT tokens in different states across the globe

CONS:

1. The platform doesn’t grant the users compensation in case of losses associated with the use of the XRBT tokens
2. The amount raised during the token crowdsale are not secured and hence can be easily lost
3. The platform advisors involved in the platform are few

SUGGESTIONS:

1. The platform should involve more advisors in the project with adequate experience to help in steering the project
2. The platform should set up a private insurance company to help secure the funds raised by the XRBT tokens during its pre-sale

NOTE:

The platform through blockchain technology enables the users to sell, buy, rent and exchange a wide range of products and services within the local business without incurring huge expenses of traveling overseas to find these products. I would invest in this project.