STRYKZ

STRYKZ

This is a cross-platform gaming experience based on a free-to-play model which enables the users to play daily or season-long challenges based on the top European football leagues and an official Bundesliga license.

PROS:

• The platform has  a strong partnership with German’s biggest football Bundesliga  and Kickers leading to an increase in the fans base in support of different football stars
• The  platform is highly adaptive to any market and language making Football-Stars to be highly scalable
• The platform enables the users to easily play via the internet as it has a well developed mobile application supported by Android and IOS hence improving accessibility
• The platform has a well established  STRYKZ  Tokens which is used to reward users for promoting Football-Stars in their peer group channels making the platform to serve a variety of fans
• The platform involves adequate team members with the required expertise leading to an increased users base through the brand ambassador Luis Figo
• The platform whitepaper is properly established, elaborate and attractive as it vividly provides all the important information to the users with the help of outstanding players across the globe hence attracting  many users

CONS:

• The platform doesn’t secure the user’s private keys and loss of the keys can deny them access to their wallets
• The STRYKZ tokens faces challenges due to stiff competition in the existing markets
• The platform requires the users involved in the play to fully match the respective levels of different players in across the globe

SUGGESTIONS:

• The STRYKZ tokens should be made easily exchangeable with other cryptocurrencies and fiat to promote the project use in all areas
• The platform should conform to all the legal  and tax requirements to eliminate any legal  restrictions in the existing markets by different states
• The platform involved game should be made simpler and users with different level to enable the users to upgrade   gradually

NOTE:

The platform increases the sports fan through interaction with different outstanding players and different clubs through a well formulate Football-Star application making it viable .I would therefore highly invest in this lucrative project.

The project has the following strengths:

• A significant and fast-growing market (fantasy sport)
• Has its own fantasy sports platform, Football-Stars
• Strong partnerships with Germany's biggest football website “Kicker” and DFL Deutsche Fußball-Liga

However, there are still some risks linked with this ICO:

Absence of an MVP. At the time of analysis (June 2018), the team has not yet released an MVP/alpha. The absence of an MVP seriously compromises the ability to assess the team’s competencies, the capabilities of the suggested product, the level/degree of product development, and other crucial factors that investors in an ICO must consider before making any decision to invest. Once the MVP/alpha is released, and the team’s progress is made clearer, the level of risk may go down. However, according to the representative from the team, blockchain features will be added to the existing Football-Stars platform as part of the normal update process. Also, STRYKZ tokens will be integrated into the Football-Stars platform after a public sale as described in the roadmap (in testing at the moment).

Team composition and competence. There are no developers and blockchain experts, except for technical advisors, on the team roster. The team is presented with the management team members (CEO, CMO and CFO). The absence of developers on the team, and inability to assess their competence, can significantly increase the risk for potential investors. The team has informed us that the development of the currently active Football-Stars platform is conducted by the external Starloop Studios team (it is stated in the whitepaper that the company has a third party agreement), which includes about 10 developers of dedicated team members.

However, only 4 (out of 15) advisors have mentioned on their official LinkedIn profiles their affiliation with the STRYKZ project.

Incomprehensive technical description of the project. In the whitepaper, or on the website, there is no technical description of the blockchain integration details to the Football-stars platform, and the platform fees are not specified. The above issues and the absence of the MVP, as of June 2018, make the assessment of the product’s services, or the platform, almost impossible, and significantly increase the level of risk for potential investors.