Opiria & PDATA — If it’s free, you become the product (VI)
Alright guys, lets conclude this project review and jump into the last and most important part of the project: The initial coin offering.
I’ve said it over and over again, that no matter how good the team, no matter how good the idea and the circumstances, if the token sale terms just don’t play out to be profitable for potential investors like us, it’s not worth it to rely solely on hope that you’ll achieve a worthy return of investment.
That being said, lets check out what Opiria offers potential investors in return for their money. As always, we’ll look out for the hard cap amount and the token that are available for purchase in order to validate how much tokens will actually be distributed amongst investors. As a rule of thumb I prefer that at least 50% of the total token supply is up for sale. Let’s check if this plays out with Opiria.
Token sale benchmark data
- Token name: PDATA
- Total token supply: 750,000,000
- Tokens for sale: 450,000,000 (67%)
- PDATA price: USD 0.10 (Current ETH price begged at 800$ per ETH)
- Hard cap: USD 30m
Opiria offers bonuses depending on the time of contribution. Right now you can secure a 20% bonus, which will decrease over time once different phases of the ICO conclude.
The hard cap, for those of you that already wondered how 450,000,000 tokens á 0.10$ can be worth 30M instead of 45M, is based on the average token price which will be lower due to the bonus amounts that are available in the different phases of the ICO.
Conclusion
Overall I really like the offer Opiria brings to the table. Nearly 67% of all tokens are up for purchase, which is quite above the average in todays ICO market. This not only allows a further distribution among various investors, it also prevents a centralized powerhouse that holds the majority of tokens as in ICOs which keep over 50% for themselves.
Besides the token sale terms, I do like to empathize the available customer base Opiria has already built. Big names as Mercedes, Audi, Volkswagen & BMW are existing customers of the company, which shows the already available real world use case Opiria has accomplished with its product.
Even though I try to keep my reviews as objective as possible, I’ll end this series by stating that I’ve made my investment decision and I’m quite thrilled to see how Opiria growths over the period of the coming years. The already existing customer base paired with a functional product puts the project miles ahead of 95% of the existing ICOs out there, which is enough reason for me to get my hands on some PDATA tokens right away.
I do hope that you guys got some valuable information out of this series. Thank you guys for reading and I’ld be happy to see you around in the next project review!
