价值承诺 - 交易项目（“ValPromise”），致力于构建基于区块链的分布式承诺合约发布交易平台，解决全球范围内的多品种和跨区域风险管理（保险，期货） ，期权合约发行和交易，预测服务）问题。 ValPromise根据互联网上的公共监控数据确定承诺是否得到尊重。它允许任何满足系统规则的个人或组织有权发布自己的承诺（合同），而任何个人都可以接受交易对手发出的承诺（合同），并信任合同本身的公平性和可执行性，无论地理差异和监管差异如何，都能解决合作问题。具体而言，ValPromise项目将重点关注风险管理领域，该领域每年可扩展至1万亿美元以上，并提供涉及发布和交易的分散承诺机制。他们的目标是建立一个完全可信，更高效，更具成本效益的全球风险管理协作系统。 指数天气保险将是ValPromise的首个成熟应用程序。到目前为止，凭借在中国自动定价和风险控制领先的无人值守系统，他们成功地做了大量案件，并在过去6个月内发布了20多万份天气风险保证合同。来自旅游和农业行业的20多万客户服务，他们与墨水天气，土家族，阳光保险公司，主要旅行社等建立了合作关系。 ValPromise系统将授权普通人和组织可以轻松找到适合其个人需求的对冲合同和服务，这有助于在全球范围内建立更有效的风险管理生态系统。 ValPromise风险管理系统将在未来开发广泛的应用，如指数保险，商品期货，外汇期货，娱乐等。
Early April 2018
Late May 2018
End of June 2018
VALPROMISE is a universal protocol that resolves the decentralization of financial contracts for free trading and ultra low-cost deployment application that apply to all public chains that support intelligent contracts.
Project’s whitepaper is outdated, however all information needed for informed decision making is available.
Despite project proposes improvements that has all chances to significantly contribute weather risk hedging market, it lack some important features that will define project’s success. Also, it is not defined how easy it will be to create a contract. If no assistance is provided, users will have to hire professional Solidity developers who are scares and cost a lot. It this will be the case, total costs of using a platform will be high and may decrease the demand in the beginning, when contracts are developed. Another issue is project’s adoption rate. Financial institutions are reluctant to innovations, therefore project will have to spend a lot on marketing to bootstrap adoption. Until these issues are clarified, project’s success is questionable.
Technical side of the project looks well thought-of and clear, however further clarification of consensus mechanism. Also, Ethereum blockchain at the moment quite low tps that is not suitable for high volume networks dealing with IOT. This problem is not covered in the whitepaper. Also, technical description of how contracts are created is superficial.
By now, team managed to stick to the deadlines. Since project is actively working on development chances are high that they will deliver updates on time. However, we note that roadmap is short-term. Also, roadmap does not cover BD aspects.
Team provides contradicting information about team composition. If website information is correct, we note that initial team lacks blockchain experience. Nevertheless, team has strong advisory board that can significantly contribute to the project.
Financial market cases prove that weather derivatives instruments are really applicable in the real life. In addition, there is no other company that provides a blockchain solution for weather derivatives. This creates a prosperous environment for ValPromise. However, since project targets only China, that may be an unnecessary limitation bounding potential profits.
Since only 15% of the tokens will go public, adaption may be limited since potential users will have to buy VPP on the secondary market from either delegators and other platform members or from those who received tokens randomly. We also note that since only 15% are distributed, there can be a lack of liquidity. In addition, there is no information on use of proceeds.
Despite token economics is promising, incentives to hold token are not clear.
Since information about Chinese part of the internet is unavailable on BE1 platform, marketing efficiency can hardly be judged, since China is the primary market. However, we note that project has poor representation in social media.