AI-driven and blockchain-based cognitive commerce platform.
Elementh provides all participants of e-commerce market with real-time and historical data on stock inventory and price.It also allows to create decentralized and centralized applications based on the Elementh blockchain.
I believe the team is very capable of executing the idea and Carry Protocol can be successful in making crypto payments and loyalty points in cryptocurrency go mainstream in Korea but the lack of advisors and long roadmap turns me off. Looking at the business model the hardcap cap for the project is justified: as the hardware needed to execute the project and distribution is expensive. However high hardcap for blockchain protocol reduces the rating for this project
Overall, we are neutral about the flipping potential of the ICO but like its long-term potential. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
Neutral. The hard cap is a bit on the high side for a dApp platform. Even though the idea, team, and business development progress are all above average, we have a neutral view on the short-term performance.
For long-term holding
Good. The project is run by successful entrepreneurs and the use of CRE tokens makes sense for the business. We believe the project has a good chance to succeed, especially considering that it is based in South Korea, the country that is very savvy with the use of cryptocurrencies.
1. Carry protocol is a project based on successful startup in Korea called spoqa.
2. It is supported by strong investors. Hashed, Signum, kenetic and others.
3. Obtaining offline purchasing data is potential because it is a field of data that other data companies cannot obtain. Card companies also have limited access to data.
A complementary point
1. The somewhat hard cap is big. And the roadmap is not fast.
2. In the end, it is the structure in which data must be bought by various companies, but there is a question about whether there will be a dramatic price increase.