Vantage ICO (XVT)

The Vantage Network ICO is a project aiming to make donations to nonprofits groups on the blockchain more transparent. There are a number of decentralized competitors in the nonprofit world on the market with a more mature product. There are a number of concerns with this project. The project does not have a stated CEO and none of the founders have any managerial or extensive leadership experiences. The project does have someone designated as an industry expert however according to his linkedin he has no experience in the nonprofit world. The project does not have a designated CTO. Members of the stated development team, although experienced, state that they are advisors on the project and not development team members on their social media sites. The product is currently in its early stage of development. The project has a designated CMO with experience. However this does not reflect on their social media. They have earned a below average in both the marketing and community sections, due to having a poor presence and following on several social media channels. Other concerns for this project include a poor white paper that is missing information such as a market analysis, competitor analysis, use of proceeds and distribution and information about the token price on sale. Another concern for this project is that we are unable to verify all of the stated partnerships that the project claims to be partnered with. Our last concerns include no plan for future regulation and an above average amount of tokens being distributed to the team after the ICO.