RightMesh is the world’s first software-based, ad hoc mobile mesh networking platform and protocol using blockchain technology and MESH tokens to power growth.
The main difference between the approach Rightmesh is taking and that of their main competitor Smartmesh, is that Rightmesh nodes only forward data directly on a routing path, whereas Smartmesh broadcasts data omnidirectionally to all devices on their network. This is a very complicated technical topic but essentially boils down to security vs. ease of access.
While I believe it has massive potential, there are significant obstacles that have to be overcome. If you can stomach this uncertainty, Rightmesh could be a fantastic speculative play.
Overall, we are neutral about both the flipping and long-term potential of the ICO. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
Neutral. The TGE process is drawn out and the project does not have much market awareness now. The hard cap of $30 million is also high in the current market.
For long-term holding
Neutral. We believe this type of project requires sophisticated knowledge in the target markets that the team aims to operate in (for example, Africa, South America, and Southeast Asia). However, with almost the entire team being in Canada, we don’t see the local expertise in the team’s profile.
We also believe it would be a long way until this project sees adoption and RMESH tokens get used.
2-May. Nothing exciting about the project.