Invacio Basic Review
|Start ICO||12 Mar 2018|
|End ICO||14 May 2018|
Ticker symbol: INV
Project type: Platform, IT
Extended company description: Invacio is a complex of solutions for the development of various industries, built on a multi-agent artificial intelligence system using communication, financial technology and Big Data.
Company: Invacio Ltd.
Public ICO start date: 01.03.2018
Public ICO end: 02.04.2018
Token sale duration (weeks): 4.3
Token type: ERC20
Token emission: 450,000,000
Tokens available (Pre-Sale + Public ICO): 150,000,000
Price of 1 INV:
- 1st stage: 1 INV = $0.30.
- 2nd stage: 1 INV = $0.65.
- 3rd stage: 1 INV = $1.05.
- 4th stage: 1 INV = $1.40.
Accepted payment: ETH, BTC, LTC, BLK, BCH, DASH, XRP, XEM, DOGE, VTC, plus other altcoins via Shapeshift
Bounty: The program is active from February 1, 2018.
Token role: Functional
Team (number of people): 13.
Advisors and partners (number of people): 13.
Invacio is a complex of solutions for the development of various industries, built on a multi-agent artificial intelligence system using communication, financial technology and Big Data.
The Invasio ecosystem includes:
- Project solutions:
- Data – A huge resource of streamed historical and proprietary data, constantly updated by AI, and and specialized research analytical work.
- Invacio API – the API offers users access to some of analytical and functional components of Invacio AI.
- Archimedes Experiment – a live test of some fintech features of the project. After a successful testing period, the technology will be included in Aquila (see below).
- Agnes – a fintech solution based on AI, providing market intelligence and input signals.
- Project platforms:
- Tamius – a complex of integrated crypto banking solutions based on AI.
- Invacio Network – a social network, web-based desktop and relevance technology based on AI that provides all functions of a social network, in addition to encrypted zero-knowledge messages and a set of AI tools and data, indicators and services.
- Aquila – a manually-managed hedge fund using the full power of the multi-agent system Invacio AI, Invacio Data and fintech departments.
- Invmail – an end-to-end encrypted zero-knowledge email service.
- Project subdivisions:
- Labs – the Invacio analytical center (along with the research and development department, Invacio Labs) is an independent research institute whose work will have important consequences for applied AI, applied technologies, politics and business.
Services offered by Invacio:
- transactions in crypto and traditional currencies. An exchange facility is available.
- direct debiting.
- current/sorting and savings accounts, IBAN, etc.
- INV account blocking.
- loans, savings, bonds, investments and trade services.
- an option for long-term financing - investment in crypto assets.
- safe storage of long-term funds offline.
- provision of data collected online.
- access to some functional components of the system.
- analysis and forecasts for each significant currency pair and capital.
- TOMAHAWK – a service provided by Invacio «Aquila» hedge fund, which trades options to maximize profits and limit risks.
- a confidential correspondence facility.
- "burning" messages after reading.
- provision of relevant information.
- Alise – allowing tracking of the reputation of brands, products, services, etc.
- CONSUMER enables customers to collect and analyze all data about targeted products and services.
- Increased security.
Arnaud Verstraete (LinkedIn) - Advisor on charitable operations. Previously managing director at AC2 Phuket.
Oded Ilan (LinkedIn) - Marketing advisor. Head of Marketing at Iridize. Previously: Director of Sales at CyberGym, Director of Development and Sales at NeoVSP, VideoCells.
Richard Cohen (LinkedIn) - Hedge fund management advisor. Chairman at Rayport Energy Solutions, previously managing director for ASEAN for ECO Capacity Exchange Ltd., Manager at Look @ MyBaby.
Peter Nguyen (LinkedIn) - System consultant. Technical director at Likipe Digital AB.
Asif Majid (LinkedIn) - Advisor for relations with HNW. CEO and founder of YU Spaces & Partners, previously engaged in architecture, interior design, construction at Miquel Lacomba Arquitectos, Federico Delrosso Architects.
Nathan Smith (LinkedIn) - Advisor. CEO and founder of Startup (Global), previously: Wealth Manager at Change Accountants & Advisors, Senior Financial Representative at Private.
David Lesperance (LinkedIn) - Legal Advisor. Managing Partner at Lesperance & Associates Consultants, previously: Attorney at David S. Lesperance Professional Corp., Smith Lyons.
Lisa Chau (LinkedIn) - Press consultant. Business Speaker at Alpha Vert Enterprises, Digital Strategy Consultant at Alpha Vert Enterprises, Executive Director at Ivy Oasis.
Patricia de la Mota (LinkedIn) - Consultant for working with clients. Chief strategist at Cre8factory, previously vice president of sales and operations for digital social media at Holosfind Corp Inc, operations manager at Marchay, TuneSat, LLC.
Owais Iqbal (LinkedIn) - Counselor for communications. Chief Operating Officer in corporate estate & asset management, previously VIP member of Social Traffic inc, CEO at BinKhadija.
Timothy Claus (LinkedIn) - Website security advisor. Regional director of security at Private Security Company, former partner of Titan Marine, owner of Small & Medium Business.
Jen (Crypto Jen) Buakaew (LinkedIn) - Advisor. Consultant of Lifeboat Foundation, Oryx Prive Investment LLC, CEO CloutNetwork, Director at Crypto Jen Pty Ltd.
Omair Iqbal (N/A).
The project team claims that the number of partners exceeds 2000 companies, including USDA, LAEDC, ICE, NASA, Astro and HDI.
According to Crunchbase, $7.1 million of investment has been attracted so far.
At the heart of the Invacio project is a platform built on artificial intelligence technologies. There are a large number of products under the Invacio banner which are staging their ICOs without being fully implemented.
We believe that the team should promote the Tamius product (a set of integrated crypto banking solutions based on AI) at the ICO; it functions not only with AI but also with blockchain.
Strengths of the project:
The market chosen by the team demonstrates high growth rates.
- existence of the MVP.
- initial capital of $7.1 million.
- the presence of future customers, partners and customers.
Weaknesses of the project:
- strong competition.
- low popularity for the project among the blockchain community
- a large number of products and subdomains lead to confusion in the documentation.
According to Statista, revenue from the use of AI was $2.4 billion in 2017; this is expected to grow to $59.7 billion by 2025, so the CAGR will be 57.2%.
PWC in their report also argue that AI will have a significant impact on the market; it will certainly become an integral part of research.
According to the white paper, the team plans to solve problems for businesses and consumers with the help of AI technologies.
Comments: Based on market analysis, the AI market is developing very quickly, penetrating into all spheres of business, hence it is possible there is an opportunity to occupy a market niche.
In the course of our research we have identified the following competitors:
Microsoft Azure - provided by Miscrosoft and offering AI-based services.
IBM Watson - AI for business.
AWS - machine learning technologies developed by Amazon.
Summary: The vast ecosystem and range of functions provided is a key difference from the project’s competitors.
AI is the main technology used by the project. The integrated encryption system Invacio Zero-Knowledge was developed to protect communications and transactions.
In addition, the project uses the WeNet function which does not require an internet infrastructure or a cellular network. WeNet offers secure, stable, independent end-to-end encrypted communication systems for voice, video, finance and data transfer in areas where this would otherwise not be possible.
Components of the Invacio platform:
Jean – the total operating power of multi-agent system artificial intelligence - a convenient way to express the possibilities that arise from a complex of joint autonomous training nodes, machine learning systems and artificial neural networks.
Tamius – Invacio’s decentralized banking system. It has the traditional functions of a bank and includes:
- a desktop UI application for easy tracking of transactions.
- a bank card and a digital wallet.
- current/sorting and savings accounts, IBAN.
- INV-account for freezing the cost of Invacio Coins.
- Tamius wallet.
DATA - collection of data from the internet about currency market flow or other industry-specific information; tracks and records the motion of oceans, weather, shipping and air traffic control data, fishing routes, satellite orbits, floods and crops, electricity consumption, etc.;
Invacio AI - provides access to some parts of the system, enabling the use of the already-developed Invacio utilities, etc.
Archimedes Experiment – an experiment designed to test and to improve the interaction of certain functions of Invacio financial technology.
Agnes - offers analysis and forecasts for each major currency pair and capital. Agnes collects and tracks companies from all major world exchanges, including NYSE, Euronext, Nikkei and NASDAQ, and presents the results of its analyzes and forecasts via easy-to-use online console, SMS or CSV file.
Aquila – a hedge fund led by experienced hedge fund managers, senior executives from Wall Street, Canary Wharf and others.
TOMAHAWK - relies on 5 components to select deals with the highest probability of profit, which are processed by AI: market choice, market direction, timing, volatility, prices. Managing these 5 components in all markets selling options enables Tomahawk to choose the best deals for any week or month.
Invmail - provides confidential communication due to encryption technology.
INVACIO NETWORK – an autonomous social hub and web-based desktop that uses all Invacio resources to adapt to your online behavior, to anticipate and provide answers and services that you need even before you know what exactly you need.
Alise - extracts and analyzes all data related to a target organization or product and displays results using dynamic charts and reports.
CONSUMER – enables comparison of market reports, prices, reviews and even to compare, evaluate and rank alternatives.
Invacio APIs - enable identifying location, biometrics (weight, height), gender, certain key facial attributes, emotional states, etc.
LABS - Research and Development Center.
Comments: The project system is extensive, but all components use proven and popular technologies for machine learning.
With the development of the technology and amount of data it is planned to implement the following:
- launch of Tamius. Application and user interface.
- launch of Agnes application for trading.
- opening of Aquila Fund.
- introduction of Tomahawk.
- launch of Invmail.
- development of LABS.
- ALISE data collection and analysis tool creation.
Q4 2018-Q1 2019:
- NETWORK: launches of integrated social and paid versions.
- launch of CONSUMER, ALISE.
- launching the API.
- DATA goes online.
- launch of Tamius Personal Fiat and Crypto Accounts.
- financing of LABS.
In 2019, Invacio will launch a full set of current products which will be constantly improved while the team will focus on a new set of goals, including maximizing revenues, distributing products and planning the future IPO.
Comments: The roadmap presents a step-by-step strategy for the development of the technical component of the project. According to the white paper, all components are ready.
The Archimedes Experiment can be tested. As the team states, a beta version of the Network will soon be available. [https://archimedes.invacio.com/]
There are 368 open modules in the project repository.
Comments: Currently, the project is actively developing applications for the Trezor hardware wallet.
Invacio is the owner of the repository, and work within the modules is implemented by William J D West (CEO) and Roger Baker (an employee of the company, albeit not presented on the official website). Activity can be observed in 20 modules.
Summary: We think that the main tool for working with INV is its Tamius service. This service is the only aspect of the project which supports the use of blockchain.
We have analyzed the Invacio website and documentation for sufficiency and consistency for making an investment decision.
The website also provides information about the project, the ICO, products and divisions of the company, consultants and the team. The website is presented in English. A feature of the website is a detailed description of the project’s services. It is notable that the website has a FAQ section but there are no answers to the questions.
Summary: The documentation enables a comprehensive view of the project. Company products are described in sufficient detail; however, their considerable number and a large amount of unstructured information is confusing for the reader.
Tokens issued for sale, %: 33
Public ICO start: March 1, 2018
Token type: ERC20
Accepted payment: ETH, BTC, LTC, BLK, BCH, DASH, XRP, XEM, DOGE, VTC, other altcoins via Shapeshift.
Price of 1 INV:
- 1st stage: 1 INV = $0.30.
- 2nd stage: 1 INV = $0.65.
- 3rd stage: 1 INV = $1.05.
- 4th stage: 1 INV = $1.40.
Crowdsale duration: 4 weeks and 3 days until April 2, 2018
INV owners will be granted exclusive access to Invacio’s AI solutions, whether in data, finance, banking, encrypted zero-knowledge messages, AI analysis or social media.
Token limitation: 450,000,000
Advantages for token holders: The tokens are functional; they enable users to access the platform’s services or can be sold.
Additional Token Emission: No
The sale will be implemented in several stages:
- Pre-ICO: 01.02.2018 - 28/02/2018.
- ICO: 01/03/2018 - 02/04/2018.
Max goal: $100,000,000
Current amount: $4.7 million.
ICO stages will be launched only after the token sale to the amount of $37.5 million in each stage.
- Stage 1: 20% of the purchase amount.
- Stage 2: 15% of the purchase amount.
- Stage 3: 10% of the purchase amount.
- Stage 4: 5% of the purchase amount.
C-Class Stock (44,900,000 INV) will be offered:
Stage 1: 7.483,333 shares at 6 INV per share.
Stage 2: 9,000,000 shares at 5 INV per share.
Stage 3: 11,000,000 shares at 4 INV per share.
Stage 4: 17,416,667 shares at 3 INV per share.
Comments: all unsold tokens will be burned according to the results of the ICO.
The minimum purchase amount is 34 INV. 20% of bonus coins are returned when buying upwards of $100.
Scheme of distribution of remuneration:
- 50 INV for a post, article, etc. on Facebook, Steemit, Reddit and others.
Summary: In addition to the bounty there is a referral program. All INV sales rounds have 5% referral bonus.
Tokens and capital are distributed according to the following scheme:
- 10,000,000 INV Coins – for the team.
- 1,500,000 INV Coins – donations.
- 20,000,000 INV Coin - Invacio operations.
- 3,500,000 INV Coins - investors from Seed-to-ICO.
- 150,000,000 INV Coins - sale.
Summary: Tokens do not affect the distribution of shares in the company. The incentive system is built such way that it is more profitable to buy tokens earlier.
The project team intends to spend $3 million on marketing [source: White paper]. The main tools will be manpower and SaaS.
Summary: The project has too many products in development. Products will appear in parallel. Unfortunately, we did not see a strict product development strategy. There is the impression that the project is trying to launch its products without a specific common task.
The team consists of 13 people and 13 advisors. Information about the main team members based on LinkedIn is given below:
William James Dalrymple West (LinkedIn) - CEO and Creator. Member of the British Blockchain Association, partner in DALRYMPLE & DUCRÉ HOLDINGS.
John Marshall (LinkedIn) - Main strategy specialist. Director and Head of Strategy at nvacio Holdings.
Daniel Brace (LinkedIn) - Chief Operating Officer. Business Development Manager and Director at East Kent Trading Company Ltd, previously customer service manager (BT), Saga plc.
The team has 10 more people.
Summary: Only the technical development manager has not indicated his affiliation with the Invacio project. The team is mostly from the UK, and includes a lead developer, technical development manager, chief specialist in blockchain and statistics, a fund manager, digital security specialist, system development manager, a public relations press officer, a blockchain specialist, an ASEAN communications manager, and an executor of special projects.
Information about the project is available via various popular services such as Twitter, Telegram, Medium, Slack, LinkedIn, Facebook, GitHub, Crunchbase, BitcoinTalk and YouTube. The project has a bounty program.
The team is active on social media. News about the project is updated regularly on Twitter and Facebook; there is a blog on Medium and videos on YouTube.
The format of articles about the project shows that they were written mainly to the project's order.
Comments: Interest in the project is gradually growing. The marketing campaign is being developed mainly on Facebook and Twitter.
Traffic analysis of the INVACIO website based on Similarweb.com data showed the following:
Traffic source: Similarweb
Comments: direct link: 7.46%, referrals: 4.85%, search: 87.13%, social media: 0.56%, mail: 0%
Traffic arriving via search: 87.13%, 100% of which is “organic”.
Referral links: 4.85%
Analysis of activity on the INVACIO website based on BE1.ru data showed the following:
Comments: Top 4 visitor countries: USA - 41.55%, Greece - 27.75%, Germany - 18.4%, Bangladesh - 12.31%.
Referral links: fiverr.com 100%
Social activity: Facebook: 100%
A traffic analysis of the INVACIO website based on analysis data showed the following:
Website rate: 0.69
Activity: visitors: 6597, views: 26,400
Social activity: score: 91, source: Facebook reposts: 91, Google+: 0
Summary: Based on available data, it can be concluded that users are not sufficiently interested in the project. However, the team is conducting an advertising campaign on Twitter and Facebook, conducts a blog on Medium and communicates with users via Telegram.
Over the last month, website traffic has decreased by 100 users; last count was 649. However, visits to the main website have increased by 2000 hits. [https://www.similarweb.com/website/invacio.com#overview]
The developers may be contacted using the links below:
The information contained in the document is for informational purposes only. The views expressed in this document are solely personal stance of the ICOrating Team, based on data from open access and information that developers provided to the team through Skype, email or other means of communication.
Our goal is to increase the transparency and reliability of the young ICO market and to minimize the risk of fraud.
We appreciate feedback with constructive comments, suggestions and ideas on how to make the analysis more comprehensive and informative.