7% weight

Attempting to rate a project is challenging for many reasons. The primary reason being is that we can analyze the available information and data available (whitepaper, team, tokenomics, concept feasibility etc). However the information that no rater on ICO bench has is the ability see into the future to know if the team will execute on what they claim they will do. This is why ratings by their very nature are subjective.



The challenge here is adoption. Electric vehicles is a small market, and the cryptocurrency adoption rate is less than 1%. So you are looking at 1% x 1% which is a really small number. That challenge also represents a huge opportunity to increase the adoption rate of not only electric vehicles, but also would increase the adoption rate onto the blockchain.



The electric vehicle community is a very small but very passionate cult like followers. So getting them on board will be very easy. Also getting them to take action spread the word and encourage others will also be an easy task.



It is projects such as these that will be the driving force behind the evolution of the blockchain space. Is this project the one? I have no idea. However, based on what I have seen and read I think that this is a great project with potential.



This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.



+5 Agree +5

+4