TANZO ICO (TZO)
Blockchain based marketplace for handmade items
TANZO Score Analysis
The Tanzo ICO is aiming to create a decentralized marketplace for handmade goods. There are a few other decentralized competitors however, similar to Tanzo, they have an immature product. Tanzo has a very strong team. The CEO has numerous years of experience in both the managerial and marketing field. The project is lacking an industry expert. The CTO for the project also has many years of experience. The CTO is supported by an expereinced development team as well. A concern we have with the development team however is that no member of the development team lists their place of work as the Tanzo product on social media channels. The project has a designated CMO however he is very inexperienced in the marketing field. This reflects upon their social media presence. The project has a below average amount of posts on social media platforms however they do have an average following on social media platforms. There are a number of concerns with this project. The whitepaper is missing information, such as a competition analysis, information about the token price on sale, as well as a long term plan, and a lack of readiness by the team for possible future regulation.
TANZO Use of Token
TZO is Tanzo's native token. TZO is an Ethereum based ERC20 token. 500 million TZO tokens are offered for sale via the ICO, which correspond to 68% of the total token supply. TZO tokens are used to pay for the platform's fees (1.5%), crafter's rewards and incentives, and buyer's rewards and incentives.
Organization
Tanzo LTD
Platform
Ethereum
Coin type
App Token
Category
E-Commerce
Soft cap
3,500,000
Max cap
15,000,000
Max supply
500,000,000 TZO
TANZO Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
TANZO Distribution
TANZO Use of Proceeds
TANZO Team Members
TANZO Past Events
- 30 September, 2019
Ideation & market research
- 31 December, 2019
Defenition & analysis of market opportunity
- 31 March, 2019
ICO campaign preparation, whitepaper, website, marketing materials
- 30 June, 2019
Private token sale, Pre-sale even, Main sale event, token distribution
- 31 December, 2019
POC release,
- 30 June, 2019
TANZO alpha version release
- 31 December, 2019
TANZO v1 platform launch