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nOS Rating Review

Stable

Investment Rating

Expiry date : Expired 01 Feb 2019

Rating report

We have reviewed the project's progress as of January 2019 and would like to note that the team is behind on certain milestones as compared to it's initial roadmap from 2018. Therefore, the project's rating has been decreased to Stable.

The project has the following strengths:

  • A released MVP in the form of a codebase and working client

  • Partnership with NEO – the project is part of the NEO smart economy

  • A successful private sale round

  • Confirmed interest from both developers and the community

  • The token is compliant with current Maltese law

 

However, there are also a number of risks associated with the project:

Funding allocation

Despite the project setting quite a realistic hard cap, ~8.5 million USD already attracted and the release of an MVP, the absence of funding allocation details adds uncertainty to the project’s economy and ongoing business development.

Private sale details

There is no confirmation of funds raised during the private sale. The nOS project doesn't disclose its list of private investors.

dApps

Although over 65 dApps are already running on a public testnet, it is worth noting that they appear quite raw due to their limited functionality and simple ideas, and their acceptance by the community is questionable due to an absence of partnerships.

Competition

Similar solutions are already present in the market. Since this market is not mature, each existing or new project can significantly affect market share. It may be assumed that further success for any project depends on acceptance by the community and on ongoing development.

Project & ICO information

nOS is a virtual operating system for NEO intended to run on mobile and desktop devices, functioning analogously to a browser and app store.

Website

 

Whitepaper

 

Medium

 

Telegram – nOSPlatform

 

Telegram - nOSAnnouncements

 

LinkedIn

 

GitHub

 

Twitter

 

Reddit  

 

Discord

 

Smart Economy Wiki

 

MVP – available (operating system and codebase)

 

 

The project has established a legal entity – nOS Limited, incorporated under Maltese law.

In order to raise funds and attract the community the project plans a token sale, details of which are shown below.

 

Private Sale

Public sale, Round 1

Public Sale, Round 2

Start date

n/d

October 29th, 2018

November 1st, 2018

End date

April 15th, 2018

November 1st, 2018

November 8th, 2018

Ticker

NOS

Platform

NEO

Token price

0.10 USD

Token supply (for sale / total)

67,500,000 / 375,000,000

100,000,000 / 375,000,000

Soft Cap

No

Hard Cap

10,000,000 USD

Estimated capitalization

37,500,000 USD

Bonus

No

Lock-up

Yes, described below

Minimum investment

n/d

1 NEO or 0.1 ETH

Maximum investment

n/d

Tier 1: 92,064 NOS (9,000 USD);
Tier 2: 46,704 NOS (4,500 USD;
Tier 3: 27,552 NOS (~2,500 USD);
Tier 4:  16,968 NOS (~1,500 USD)

First-come-first-serve basis, enabling the acquisition of a maximum of approximately 92,064 nOS (minus any tokens acquired in Round 1), assuming tokens available

Currencies accepted

n/d

NEO and ETH

Exchange rates

 

1 NEO = 16.80 USD = 168 NOS
1 ETH = 206.60 USD = 2,066 NOS

Restricted list

China, Ethiopia, Iran, North Korea (DPRK), Sri Lanka, Sudan, Syria, United States Minor Outlying Islands, United States of America, Virgin Islands (U.S.), Yemen, as well as any other jurisdiction that forbids or restricts the participation in token generating event

KYC procedures

Yes, until October 22nd, 2018

Country of legislation

Malta

 

To participate in the token sale requires downloading the nOS Client, creating an account at nOS.app and completion of a KYC procedure.

In total, 16,409 participants within the token sale were selected and assigned an allocation tier based on their contribution type.

  • Tier 1: dApp developers, valuable contributors e.g. to codebase, design competition winners.

  • Tier 2: Design competition participants who scored above average, dApp developers.

  • Tier 3: Early subscribers to the VDT.Network, design competition participants.

  • Tier 4: lottery participants from which 15,000 public sale applicants are randomly selected.

 

According to an announcement, during the private round the project raised 6,750,000 USD, and 1,800,000 USD was funded by NEO Global Capital. NEO Global Capital is the only party receiving a 20% discount on their purchase, and a 20% bonus vested for 2 years, and the only disclosed investor.

No bonuses are given to participants in the private sale, pre- or public sales.

 

Cumulatively, 375,000,000 (375 million) tokens will be distributed as follows:

  • Public sale: 100,000,000 tokens (26.7%) with no lock-up

  • Instant company token reserve: 10,000,000 tokens (2.6%) with no lock-up

  • NEO Council & NGC: 22,500,000 tokens (6.0%) with a 25% distribution every 3 months after the token sale

  • Private sale: 67,500,000 tokens (18.0%) with a 25% distribution every 3 months after the token sale

  • Ecosystem adoption reserve: 50,000,000 tokens (13.3%) with a 25% distribution every 3 months in 3 months after the token sale

  • Vested company reserve: 25,000,000 tokens (6.7%) with a 25% distribution every 3 months in 3 months after the token sale

  • Locked token insensitive & reserve: 100,000,000 tokens (26.7%) with a 25% distribution every 120 days within 1 year of the token sale.

Any unsold tokens from the nOS sale will be added to the vested company fund.

Besides this, tokens for the ecosystem adoption fund and the project’s reserve (Instant company token reserve and Vested company reserve) will be allocated to nOS Ltd.

 

The nOS project aims for a hard cap of 10,000,000 USD during its token sale, but no details of funding allocation are disclosed.

 

As of the end of October 2018 the project has established the following partnerships:

  • Neo Global Capital: A strategic investment vehicle for the NEO foundation and one of the largest institutional owners of cryptocurrencies.

  • Moonlight: A decentralized workforce and project management platform anchored on the NEO blockchain.

  • NEX: A platform for decentralized cryptocurrency trading and a payment service on the NEO blockchain, part of the NEO Smart Economy.

  • Travala (AVA): A travel booking platform based on the NEO blockchain, that hosts bookable accommodation in 158,000+ properties in 30 countries.

  • Data Access Worldwide: A global provider of application development software and professional services claiming to be active in 106 countries, with over 1,000,000 application users.

 

Besides established partnerships, the nOS project is actively cooperating with the community. There are about 13k Twitter and 50k (both groups) Telegram followers. During an nOS Design Competition preliminary 200 designers took part in an event that rewarded 10 winners a Tier 1 and Tier 2 within the token sale and distributed 350 GAS between the top 3 participants. Through the released development tool and  nOSNet, a NEO testnet with special features powered by nOS, developers can build a working proof-of-concept nOS dApp and obtain access to the pre-sale. All verified dApps are publicly available on the nos://protocol.  Over 65 dApps are already running on the public testnet. Although implemented dApps may look quite raw due to currently limited functionality and simple ideas, and their acceptance by the community is not guaranteed due to an absence of partnerships, the project could attract developers in less than half a year.

 

Summary

Based on the NEO blockchain, the nOS project intends to build a fundamental platform for mainstream adoption and the development of dApps and a smart economy. Since its inception in April 2018, the project has already implemented an MVP in the form of a codebase and operating system, and gained community recognition. Over less than six months, the Telegram and Twitter community has reached 70k followers. The project has already successfully conducted a design competition, application development and lottery events. It is worth noting that there is no data on investors attracted or funding allocation, this prompts doubts regarding the project’s economy.

Description of services & their applicability

As a virtual operating system for NEO that functions like a browser and app store, nOS aims to encourage consumer level adoption of NEO dApps by integrating smart contracts, client-side code, and public-key cryptography.

The solution includes the following implementations:

nOS Client

A software desktop and mobile solution, enabling access to deployed nOS dApps. The nOS Client is available for all popular desktop operating systems, including Windows, OSX, and Linux-based operating systems.

The nOS client interface includes:

  • An open internet browser and dApp gateway. The browser supports both HTTP and the nOS protocol (nos://), granting complete control over and insight into interactions, as files are obtained from the nOS Filesystem, then stored in a local sandboxed environment on an end user’s hard drive, finally to be served to the end user from the client side.
  • dApp Gateway serves as a dApp discovery platform that ranks applications in a decentralized manner.
  • Automatic token conversion, changing primary blockchain currencies into those required for transactions with application tokens. The exchange option appears only if the trading pair has enough liquidity across the integrated exchanges.
  • Client settings serve for the management of blockchain network settings, client theme management, developer tools and user preferences.
  • A cryptocurrency and token wallet.

As of the end of October 2018, version 0.4 has been released on GitHub. Within the current version the following features are already implemented: Account tab, client settings, and a cryptocurrency and token wallet. The open internet browser and dApp gateway features are under active development, but it is already possible to use the search function and upload dApps to the nOS Client. Although the code for automatic token conversion has not been updated for 4 months, since the beginning of development the project has already closed 130 preliminary issues.

 

nOS Name Service

A blockchain-powered decentralized implementation of a domain name service, where the top level domain indicates the blockchain platform. Example: nos://my-dapp.neo uses the NEO blockchain.

The nOS name service employs a Vickrey Auction System for domain name acquisition. Upon conclusion of a nOS domain auction, the winner stakes the 2nd highest bid made during the domain auction for a pre-defined period. When the period of ownership is ended, the domain may be retained, released or partially released. Under partial token release, the domain owner could release ownership accepting a contesting bid. This contesting bid serves as the opening bid in the new auction.

As of the end of October 2018, the development stage can be monitored on GitHub, via the Name Service and Register Middleware repositories.

 

nOS Filesystem

A decentralized file sharing protocol that offers the secure and transparent distribution of static files. To serve fronted files, such as data, web pages, media, JavaScript and other, dApp owners have to stake NOS tokens. The number of available static files depends on the quantity of nOS tokens staked by a dApp owner compared with the collective amount of all nOS tokens staked and the amount of nOS Filesystem resources utilized collectively.

 

nOS Protocol

A blockchain-powered web protocol that facilitates secure and open accessibility for nOS dApps, that enables registering domain names available on nOS (my-dapp.neo).

 

Universal Smart Contracts (USCs)

Smart contract templates built for various blockchain platforms and utilized by any nOS application, to manage identity, tokens and storage. To eliminate the requirements to build and deploy their own smart contract, dApps may deploy a Master USC that allows the hosting and manipulation of dApp storage items by calling the smart contract’s exposed functions.

 

Besides the above, the nOS project offers the following services:

  • nOSNet - a live and public NEO testnet, that enables publishing dApps to a public testing environment.
  • ICO & STO solution – enabling the launch of an ICO or STO on nOS, and which accepts multiple cryptocurrencies.
  • nos-local - a NEO-based  development tool for installing the latest development version of the nOS developer client, setting up a NEO private network and establishing a bridge for easy interaction between the nOS client and the NEO private network.
  • create-nos-dapp - a client-line interface tool that serves the easy bootstrapping of nOS dApps using the JavaScript framework.

Summary

The whitepaper provides a good description of nOS functionalities, which serve as a full-stack solution for blockchain-powered dApp development, deployment, discovery and interaction. As of the end of October 2018 the project has already released the nOS Client, nOS Name Service and nOSApp. Upon installing the nOS client, the user may log in with an encrypted wallet, use a dApp browser, NEP-5 token wallet and profile / KYC settings.

The current state of development may be tracked on the project’s GitHub account. From the development point of view, nOS uses a Javascript library, enabling developers to build applications with familiar frameworks. The smart contract code can be programmed in any of the general purpose languages supported by NEO. To simplify development, the nOS project has implemented a Universal Smart Contract (USC). The USC will be hosted on the NEO blockchain and features behaviors such as authentication, storage management and NEP-5 token features. It is worth noting the implementation of an automatic conversion function, using GAS to interact with all dApps.

Roadmap

The nOS project has provided the following roadmap:

Summary

The roadmap covers both technical and business milestones. As of the end of October the nOS project has already released nOS Client v0.4, announced the deployment of 65+ dApps to the nOSNet and has established partnerships with 5 projects. The only delayed milestone is the token sale. According to the team the sale event has been moved to Q4 2018 due to regulatory compliance issues.

Market outlook

Market analysis

Beyond cryptocurrency, blockchain is a globally distributed ledger which records transactions and is secured cryptographically via a robust consensus mechanism. Capturing all commands and transactions from a user’s device, blockchain can act as an operating system.

A main indicator for success for a standard operating system such as Microsoft Windows, Apple Mac OS, or mobile systems like Android or iOS is the number and quality of developers who support it.

Below there is a graph showing a snapshot of the current number of publishers on the App Store, Google Play and Amazon AppStore.

One more significant indicator is the number of applications released. Below is a graph showing the number of new applications released on iOS and Android per year.

 

This trend may be applied to the blockchain as well. In terms of blockchain, a decentralized application (dApp) is an open-source software platform implemented on decentralized blockchains, fueled using tokens which are generated using a protocol/algorithm.

Although as of the end of October 2018 there are cumulatively over 1,000 dApps with a daily volume of about 15,000 ETH (3,000,000 USD), it can be assumed that new dApps will continue to appear with support from various blockchain operating system solutions.

 

Competitive landscape

To evaluate the competitive landscape, the Porter’s Five Forces framework will be used.

  • Threat of new entrantsHigh. The overall threat of new entrants is high, as new blockchain projects are released often and the market is not yet saturated. The level of competition is gradually rising and there is no absolute market leader.
  • Threat of substitutes - High. The threat of substitutes is high, as both blockchain and dApp technologies are actively developing. Each new project may offer unique features based on the experience of solutions already released.
  • Bargaining power of customersHigh. The bargaining power of customers can be assessed as high, since project expansion directly depends on acceptance by the community.
  • Bargaining power of suppliersHigh. The supply side of the nOS project includes partners and dApp developers. Acceptance of the operating system by those parties will determine the project’s development and affect community involvement.
  • Industry rivalryHigh. As of October 2018, the nOS project has several competitors with similar solutions. Below is a comparison of nOS with some rival projects.

Industry rivalry

Project

nOS

EOS

BrahmaOS

Friend

Fee structure

open-source

- uses a block-producer model to determine how fees will be paid, depending on services offered and charged for by dApp developers

n/d

- 15% transaction fee on the marketplace;
- fee for dApp testing and evaluation in areas of security and performance;
- zero cost for deployment

Features

- The nOS Client includes a browser, dApp gateway, automatic token conversion, and wallet;
- nOS Name Service enables the creation of domain names within the system;
- nOS Filesystem enables the distribution of static files;
- nOS Protocol allows accessibility of dApps;
- smart contract templates;
- ICO & STO platform

- Parallel Processing enables operations to be run in parallel, faster transaction speeds and more scalability;
- A constitution sets rules which everyone agrees upon, which are linked to every block mined;
- Self-sufficiency and evolution allow for 5% inflation; this will be used to develop the network further;
- A decentralized operating system enables developers to build applications on EOS

- Brahma Images provide developers and users with image download for different Brahma versions for different phone models, as well as a Brahma OS root tutorial and use tutorial;
- The Brahma File Manager allows users to not only view and manage Brahma OS local files, but also to view, encrypt, decrypt and manage files backup in a decentralized storage network;
- Brahma Wallet is a completely open source, decentralized mobile terminal light wallet designed to provide users with a secure, easy-to-use digital asset wallet application

- Friend Core manages the server side of the Friend Network and  and encrypted connections between servers and clients;
- The app distribution framework enables data sharing and collaboration functionality;
- Libraries provide advantages when sandboxing and handling decentralized data flows;
- Modules provide securely exchanged data between server and client;
- File system drivers enable a user to connect to any storage facility;
- Application APIs and command serving;
- Friend Network for connecting systems and apps;
- Workspace enables multitasking in one tab and runs in any modern standards-compliant web browser;
- Core applications

Token

NOS

EOS

BRM

FRND

Platform

NEO

Ethereum

Ethereum

Ethereum

Total supply

375,000,000 (will be periodically increased)

1,000,000,000

3,000,000,000

2,000,000,000

ICO price / Market price

0.10 USD /
-

0.9900 USD /
5.3600 USD

n/d /
0.0050 USD

~ 0.01 USD /
-

ICO date

n/d

June 26th, 2017

n/d

June 15th - December 21st, 2018

Hard cap / Market cap

10,000,000 USD /
-

/
4,857,604,632 USD

n/d /
3,129,098 USD

60,000,000 USD /
-

Benefits for token holders

- distribution of increased token supply among important participants

- staking EOS gives developers access to RAM and possibly storage;
- voting rights;
- airdrops over 341 days starting on June 26th, 2017

n/d

- rewards for making their computer hardware available to the network (mining)

Upsides

-part of smart economy concept, partnership with NEO;
- compliant with Maltese law;
- released MVP;
- involved developers have released more than 65 dApps on the platform

- top-rated ICO results: 4,197,956,135 USD;
- EOSIO Version 1.4.0 released

- significant partners such as CitiBank, HSBC, J.P.Morgan;
- incorporated in Singapore as non-profit foundation approved by ACRA

- Friend Nodes can be run on any device capable of supporting an HTML5 browser, including smart TVs, phones, laptops and high-end gaming rigs;
- a released beta version of the Friend Platform;
- compliant with Norwegian law;

Downsides

- absence of funding allocation;
- a vague roadmap

- relies on only 21 block producers to confirm all transactions; this could lead to centralization
- no data on funding allocation

- MVP not to be released until end of 2018;
- released wallet and library for working with smart contracts don't work properly;
- no details on ICO;
- unclear project economy

- project economy was calculated based on  an exchange rate of 1 ETH = 800 USD;
- the distribution mechanism assumes an 82% share for public sale participants; this could significantly affect token price after the ICO

 

Summary

Blockchain operating systems are an emerging trend in technical development within distributed ledger technology. The implementation of such solutions is linked with the development of decentralized dApps. With quite a number of dApp projects already up and running, there is the possibility that blockchain operating system solutions could force acceptance by the community.

As of the end of October 2018, several blockchain operating system solutions have already entered the market. The majority of them offer tools for releasing dApps and marketplaces for the community. It is worth noting that the EOS, Friend and nOS projects have already released MVPs, whilst BrahmaOS has not been able meet its development milestones since its ICO. Each project has competitive advantages; with nOS, the project is partnered with NEO and has been welcomed by the developer community. Taking into account current market trends, it may be assumed that further success for all these projects depends on acceptance by the community and ongoing development.

Team

The nOS project has the following team members:

 

Dean van Dugteren

Matt Huggins

Position

Founder & CEO

Lead developer

Total experience

5 years

17 years

Relevant experience

Yes: Developer at City of Zion and founder of several software solutions

Yes, experienced developer and founder of a dating service

Relevant education

n/d

Yes

LinkedIn / Connections

Yes / 300+

Yes / 200+

Endorsements/ Recommendations

No

Yes

Affiliation with the project

Yes

No

 

 

Jeroen Peeters

Maurice Dalderup

Position

Developer & project management

Full-stack developer

Total experience

4 years

5 years

Relevant experience

Yes - contributor to City of Zion and current frontend consultant at IT company

Yes - contributor to City of Zion and current full-stack blockchain consultant at consulting company

Relevant education

Yes

Yes

LinkedIn / Connections

Yes / 400+

Yes / 500+

Endorsements/ Recommendations

Yes

No

Affiliation with the project

Yes

Yes

 

 

Fabricio Rosa Marques

R. el Hachmioui

Position

Contributor (Design)

Freelance contributor

Total experience

15 years

19 years

Relevant experience

Yes, current head of design at IT company

Yes, system engineer and technical consultant

Relevant education

Yes

Yes

LinkedIn / Connections

Yes / 400+

Yes / 300+

Endorsements/ Recommendations

No

Yes

Affiliation with the project

Yes

Yes

 

 

Trix van Dugteren

Position

Event Manager

Total experience

42 years

Relevant experience

Yes

Relevant education

n/d

LinkedIn / Connections

Yes / 200+

Endorsements/ Recommendations

n/d

Affiliation with the project

Yes

The nOS project features the following advisor:

 

Roger Lim

Position

Advisor

Total experience

22 years

Relevant experience

Yes, currently founding partner of NEO Global Capital and advisor to several blockchain projects

Relevant education

Yes

LinkedIn / Connections

Yes / 500+

Endorsements/ Recommendations

Yes

Affiliation with the project

Yes

 

Summary

According to the nOS project’s LinkedIn profile, the team is represented by 14 specialists, mostly developers, and one advisor. The technical specialists have experience in software development and blockchain, 4 team members are affiliated with NEO through their contributions to City of Zion. While core team specialists are mentioned on the website, there is a discrepancy in the number of specialists between the team section of the website and the LinkedIn profile of the project. One core specialist doesn’t have an affiliation with the project, and the accounts of 6 of the members are too vaguely worded for their experience to be evaluated.

The sole advisor is a founding partner at NEO Global Capital, partner company for the project. Although the nOS project is part of the NEO smart economy, the project could obtain more comprehensive consultancy and support if they recruited third-party advisors. 

Token analytics

At the core of the nOS project is the nOS utility token (nOS token, nOS, NOS), a fully regulated virtual token compliant with Maltese law.

NOS is a utility token based on the NEO NEP-5 Standard and issued on the NEO blockchain. The initial supply of 375,000,000 tokens will be periodically increased with a limit of 5% per year. It is assumed that nOS may undertake a “token swap” procedure in the future.

The token’s utility may be described as follows:

  • A means of integration with the nOS Filesystem, nOS Name Service, dApp Gateway and Decentralized Authority
  • A means of staking for applications, voters, and network/hosting nodes to be treated as ecosystem contributors
  • A means of reward for ecosystem contributors for high-quality participation

The nOS project implements a Selective Supply Increase (SSI) model. Based on the decentralized, open-sourced, MIT licensed and non-profit nature of dApps, this business model assumes a periodic increase in the circulating supply of NOS tokens distributed among quality participants.

The amount of reward depends on participating and maintaining a good reputation, the amount of NOS tokens staked and the staking duration.

Users of the nOS system can also stake NOS tokens to be granted Decentralized Authority. Decentralized Authority is a system that allows nOS token holders to participate in governance, gain reputation and performance-based revenue distribution. By participating in voting on the distribution of NOS tokens among dApps, users earn rewards. Besides NOS tokens, users may gain voting power, a factor that defines the user’s voting weight.

The nOS project employs a cyclical voting system to rate and rank dApps within the system. The first step in the application-ranking cycle is a tiered voting system, where a dApp’s reputation is decided by reaching a specific majority outcome of votes rated by end-users with Decentralized Authority votes, and by randomly selected council voters with high voting power. The rank awarded is applied to the dApp Gateway, and reward tokens are distributed via SSI. In addition to token rewards, dApps benefit from increased discoverability in the event of a positive reputation.

 

Summary

The core of the nOS project is a utility token fully compliant with Maltese law. Based on the NEO blockchain, the NOS token is utilized as a means of access to the project’s functionality, as a stake and a means of reward. dApps stake nOS tokens to reserve a .neo domain name and access the nOS Decentralized File System, while users stake tokens for voting rights.

The nOS project employs a non-transactional business model, where value is transferred between dApps and users. Taking into account the open-source nature of dApps, by means of a periodic increase of circulating supply, the system rewards both dApps for useful/high-quality participation, and users for truthful vote distribution.

Token price factor analysis

FACTOR

DESCRIPTION

PRICE EFFECT

MVP

Before its token sale the project has already released the nOS Client, nOS Name Service and nOSApp. Over 65 dApps are already running on the public testnet, confirming the acceptance of the project by developers.

Token distribution

The distribution proposal assumes that a preliminary 30% of the token supply would be available immediately after the token sale. The remaining 70% is locked up to 1 year after the token sale with a limited distribution percentage. This could prevent mass selling-off of tokens.

Demand for the platform

There are several competitive solutions within the blockchain operating systems sector. All of them could be described as having good prospects in the short and mid-term, but demand for the platform will depend on ongoing development and acceptance by the community.

⬆⬇

Project economy

The nOS project employs a periodic increase in token supply that would be distributed as a means of reward among participants. Although the increase is limited to a maximum of 5% per year, newly generated tokens will the token price, unless participants just stake these tokens within the system to obtain more benefits.

⬆⬇

Volatility of the crypto market

Tokens would be used as an internal payment mechanism, therefore due to the high volatility of crypto markets, the token price could fluctuate or even be subject to speculative activities (pump and dump etc.)

⬆⬇

Investment risk analysis

RISK

DESCRIPTION

LEVEL

Funding allocation

Despite the project setting quite a realistic hard cap, having already attracted ~8.5 million USD and releasing its MVP, the absence of funding allocation adds uncertainty to the project’s economy and ongoing business development.

High / Medium

Private sale details

There is no confirmation of funds raised during the private sale. The nOS project doesn’t disclose a list of private investors.

Medium

dApps

Although over 65 dApps are already running on the public testnet, they look quite raw due to limited functionality and simple ideas, and their acceptance by the community is in question due to an absence of partnerships.

High / Medium

Competitors

Similar solutions exist on the market. Since this market is not mature, each  existing or new project could significantly affect market share. It may be assumed that further success for all projects  depends on acceptance by the community and on ongoing development.

Medium

Roadmap

Despite the roadmap covering both technical and development milestones, it includes milestones only until Q1 2019. Also it is worth noting that the stated Q3 2018 token sale event has been moved to Q4 2018.

Low

Advisors

The sole advisor is a founding partner at NEO Global Capital, partner company to the project. Although nOS is part of the NEO smart economy, the project could obtain more comprehensive consultancy and support through third-party advisors.

Low

 

The information contained in the document is for informational purposes only. The views expressed in this document are solely those of the ICORating Team, based on data obtained 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.