Kudo ICO (KUDO)
Blockchain based social platform
Kudo Score Analysis
KUDO has created a social media platform primarily focused on "stories" and the ability to monetise and tokenise them. Social media is a very competitive market and KUDO don't seem to really have the potential to stand out as plenty of platforms already have the "stories" feature and some blockchain-based social media platforms offer token rewards for their users. Beyond that, KUDO hasn't done any market or competitor analysis. The team has relatively experienced management and plenty of experienced developers but none of the team members has the project on their Linkedin and the project doesn't seem to have a Linkedin page at all. KUDO has released a fully functional apk which can be downloaded from their website. KUDO has an experienced marketing manager but its marketing is only barely decent with very little variety and it has received no attention from the crypto community with most followers and likes being in the single digits. On top of all the other problems, a large amount of tokens seem to be going to the founders. there's no plan to deal with regulation and the whitepaper in general is very basic and has almost no background information.
Kudo Use of Token
KUDO is the platform's native token. 50% of the total token supply will be offered for sale via the ICO. KUDO tokens will be used to reward contributors for their content on the platform. KUDO tokens will be used to pay for advertising on the platform.
Organization
Kudo
Platform
Coin type
Utility Token
Category
Social
Max cap
20,000,000 ETH
Max supply
1,000,000,000 KUDO
Kudo Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
Kudo Distribution
Kudo Use of Proceeds
Kudo Past Events
- 30 September, 2019
Crowd Sale
- 31 December, 2019
Launch KUDO - Life stories 1.0
- 31 March, 2019
Launch KUDO on exchange
- 30 September, 2019
Update KUDO - Life stories
- 30 June, 2019
Set-up ICO and start developement