Interview with Rootblockchain
Rootblockchain is a flexible hybrid blockchain prividing BaaS (Blockchain as a service) for enterprise and retail clients with API driven environment.
Link: https://rootblockchain.io/
Here is the answers for my general questions from team on Date: 19th April 2018
- Explain projects in 5 words / one line. :- Blockchain as a Service
- Where the company is registered?:-Belize
- Value proposition of the project :- Low cost and high speed for Blockchain as a Service (BaaS)
- Who are the Closest competitors? : Considers IBM, Microsoft Azure and other crowd service providers.
- What is the Unique feature?
>> Storing digital fingerprints of transactions in the blockchain.
>>Low transaction costs.
>>High speed blockchain operations.
>>Flexible options of Private and Consortium Blockchain for enterprises.(BAAS)
>> Secure digital vault (For storing data securely).
7. Explain about Monetization. :- Transaction fee in RBC and initial setup cost for Private and Consortium Blockchain
8. What is the Total number of team member including Advisor?:- We are 16 including Advisors
9. Lead developer / Risk of losing Lead developer and backup plan.:- We have in-house development team and there is no risk of loosing developers as they are working as partners
10. Vesting of token / Token economics / tokonomics :- Vesting of tokens are not part of smart contract, we have locking period of 1 year for the team, so no risk in componciating the development.
11. Intended risk in future / Plans to address the risk.:- The only risk for ICO is of not reaching the softcap and in that case we will return the investment to the investors.
12. Proof Of Concept & Minimum Viable Product. (POC & MVP) — MVP is ready (https://www.youtube.com/watch?v=_nsLCCH31xk)
13. What is the Marketing strategy.:- Bounty, PR and events, with strategic partnership.
14. Plans to Listing in Exchanges. — Already entered in to an agreement with Bancor(https://medium.com/@rootblockchain/root-blockchain-will-be-integrating-bancor-protocol-to-provide-token-liquidity-for-its-users-c9fce735dfec), talking to more exchanges as well
15. Business Development Plan. — We have partnered with yotravelbook(https://www.newswire.com/news/root-blockchain-partnership-with-yotravelbook-20438047), Connecting with singapore and south korea with strategic partnership.
I will prepare additional questions and keep posting new ICO interview, Thank you for following.
