Noxbox ICO

Summary

To conclude, Nox Box is a project that helps users get global services within minutes. Not only does it use blockchain to ensure that each action is recorded, but it also allows you to obtain profit via trading the coins. Conclusively, this is an ICO to watch if you want to decentralize the current service industry.

Positives
Service Incentive: For providing services to other Nox Box users, you obtain Nox Coin which can be used to buy additional services or traded for other cryptocurrencies.
MVP Provided: Nox Box has a beta version of their final product which can be used to test out local services.
Experienced Team: With over 20 years of development experience and 5+ members, Nox Box has a dedicated team that continuously refines their product until project completion.
Negatives
Safety: How will the service providers stay protected when they meet other users via Nox Box?
Competition: There’s already a few service ICO projects out there, making it a challenge for Nox Box to dominate the market.

The idea behind the project is valid and has a certain potential, according to analysts from expert-coin rating.

Weaknesses: failed to reach $1,000,000 during 1st round of ICO, according to company’s twitter (money were returned, work continues). There is no financial plan/projections, market research, marketing strategy and competitor analysis. The WP is very short and has little relevant information, the website doesn’t add anything either. Team needs more expertise and experienced advisors, according to analysts from expert-coin rating. There are 3 advisors, more are needed (with varied backgrounds and knowledge of services industry).

Noxbox has ambitious plans to revolutionize the world of service providers. The goal is to create a platform that provides global service provider rankings, digital currency payments, and an advanced reputation system.

Noxbox is holding an ICO throughout March 2018. It’s an unusual ICO. The second stage of the ICO will take place in August 2018, at which point the price will have gone up 600% (from $0.10 to $0.60). Then, in January 2019, Noxbox will hold another ICO stage at a price of $1 per NBX.

Right now, Noxbox just has a single app posted on the Google Play Store. That app is called Noxbox Massage. It’s an unreleased app that includes a bitcoin wallet.