The ICO project in one paragraph: Opporty is a service marketplace on Ethereum blockchain, featuring smart contracts, decentralized Escrow, innovative lead-generation and knowledge-sharing systems. Opporty takes the best of blockchain and binds it to the on-demand business model. This allows owners of small businesses and service providers to benefit from the safety, security, and resilience of blockchain, and to promote their businesses using just their knowledge and expertise.
What makes Opporty different: Opporty is different in the sense that they are not raising funds to kick off the project, but Opporty is
an up-and-running marketplace, with at least 4,000 daily visitors and dozens of registered companies and service providers. In short, Opporty is already a working business.
The Opporty team decided to launch the ICO to take Opporty to an entirely new level, by introducing blockchain technology to their community.
Token utility: The OPP is an ERC-20 standard token based on Ethereum. Basically, OPP is not a standalone cryptocurrency, it has all the benefits of ether.
OPP will be used at Opporty to pay for services provided in B2B and B2C interactions, and to buy promotional actions. For instance, users can pay in OPP tokens to list their company higher in Opporty’s search. Tokens are essential for paying smart contract fees as well. Eventually, OPP tokens will be listed on cryptocurrency exchanges, which will add more value to them. OPP is protected against devaluation and volatility, as its value is tied to the amount and cost of services listed at Opporty. The platform will definitely grow, and the value of OPP will increase as well.
Actual partnerships or strategic relationships with other companies or organizations: Opporty is in a strategic partnership with Wings.ai.
Raised funds usage after pre-sale finishes: 40% marketing / 20% platform development / 20% community engagement and rewards / 20% business development needs.
Token sale schedule: The presale ICO starts December 27th 2017 and ends January 25th 2018. The total amount of OPP tokens to be released during the ICO is one billion. During the first phase 25% of the tokens will be distributed. 40% of the tokens will be locked in a one-year contract, to be released during the second phase. The ICO is hard-capped at 50.000 ETH, while the soft cap is 1000 ETH.
As a conclusion, here are TokenCouncil's ratings:
Project idea: 7/10
Token utility: 8/10
Partnerships/real world usage: 7/10
Overall media buzz: 7/10
Communication channels and openness:9/10