Hello guys, today I will present you a project called Chozun. The token sale will take place during the periods:

Pre-ICO: July 1st 2018 — June 31th 2018

July 1st 2018 — June 31th 2018 ICO: August 1st 2018 — August 31st 2018

What is Chozun?

Chozun’s primary goal is to match travelers to their best personalized local experiences & services using Artificial Intelligence & Data Science. This is done through a platform that will be integrated with blockchain technology.

IDEA

The idea to revolutionize the travel industry is very ambitious, but we will have to see if the combination of blockchain and AI is the best approach in order to achieve that.

Grade: 5/5

TOKEN UTILITY

CZN is the token that will drive the whole Chozun Ecosystem. You will be able to get discounts on your trips if you pay with CZN, also there are several loyalty programs in work for token holders, like for example flight upgrades or access to exclusive events.

Grade: 3/5

PROTOTYPE

Chozun presents itself as an already established startup and “Chinaccelerator“ (Asia’s leading accelerator) alumni. They already have a beta product generating revenue in market, so this is very good, since most ICO’s have only a whitepaper and a website.

Links to download the mobile app:

Grade: 5/5

TOKEN METRICS

There will be 100 million tokens ever in circulation, from which 5% is sold during pre ICO ($ 0,5/token) and 45% during ICO ($ 0,6/token), giving the project a hard cap of approx. $ 29.500.000. Any tokens from the initial ICO remaining unsold at the end of the sale period will be held for resale between 6–12 months. Also 20% of the tokens are locked for minimum 1 year, in order to protect early investors from being dumped on exchanges.

Grade: 3/5

ROADMAP

Since they already have a working product, most of their focus is on blockchain implementation and marketing, which is what they really need in order to succeed. The roadmap is long term orientated, with the last update to be released in Q4/2019.

Grade: 3,5/5

TEAM

The team is quite big and has great experience in all areas required for it to succeed. Most of the team has worked together in various iterations for over 6 years, so I definitely see a lot of composure in there. Their advisors also have huge experience in the blockchain field, one of them was a venture builder for the Cardano (ADA) blockchain, which brings a lot of confidence to the team. Overall, I see the team as being one of the strongest value propositions of Chozun.

Grade: 5/5

COMPETITION

There is not much competition for Chozun in the blockchain space, so I think it will all come down to customer acquisition and marketing, since the product is already working.

Grade: 5/5

HYPE

The Telegram channel and their Twitter account both have about 6k members, which is pretty decent, considering that the pre-sale hasn’t even started yet. Their presence on other social media channels is also pretty good, and they also have a bounty program, which is great for spreading the word about the project and building a strong community.

Grade: 3/5

Overall conclusion

Chozun is a project with an ambitious idea, a working product and an awesome team, which makes me think that they have what it takes in order to achieve their goals. The token metrics are decent and I am curious to find more about the token holders incentives. Other than that, I find the project quite interesting and I will definitely do more research on it.

Final grade: 4,06/5 (good)

As usual, please make sure you do your own research before investing in any ICO / token and if you liked the article, don’t forget to smash the clap button and check my other ICO reviews as well.

Thank you.

Useful links:

•Website https://chozun.com/en

•Whitepaper https://chozun.com/dist/pdf/chozun_whitepaper_preico.pdf

•Telegram https://t.me/be_chozun

•Twitter https://twitter.com/bechozun

•My Bountyhive username: CryptoCristi