The project is focused on Ethereum blockchain only that we consider to be risky. There is a lack of strong business logic in describing the value proposition.
The development process is open and available for tracking on Github. Demo is available on the website – a user has to enter the data needed to extract, and the result is a code representing the data. Roadmap is unclear and only indicates the main streams of work. The detailed whitepaper is projected to be released soon before the tokensale. We guess that such an infrastructure may be useless as blockchains’ teams are able to develop their own protocols overcoming this obstacle if it is crucial.
Token functions are not available yet, but currently we do not see how it may be applied good here. Regarding monetization, the team is looking at supporting paying per query as well as subscription models (similar to SLAs) but the precise token mechanics will be released as part of the coming white paper. Financial will be announced soon. As the idea is not likely to have a significant impact on the industry, we expect to see a valuation not exceeding 5M USD.
The team includes 8 core members and 4 advisors. Project Lead has 8-years’ experience in software engineering having been a CEO in a few software startups. Co-founders Jannis Pohlmann (14 years in software engineering), Brandon Ramirez (10 years in software engineering, worked in Cisco and Microsoft), previously worked together on several startups with the Project Lead. Also, the team includes 3 other software engineers with significant relevant experience. The team has a lack of marketing, business and blockchain specialist.