Background checks and due diligence for crypto projects

* Smart contract must be deployed before ICO start ** As of 22/04/18 Working product must be on mainnet before ICO start *** +2 years vesting with a 6 month cliff
* Smart contract must be deployed before ICO start
** As of 22/04/18 Working product must be on mainnet before ICO start
*** +2 years vesting with a 6 month cliff
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Update 17 May 2018 - The latest statement made by Stephen Kade saying that he is transitioning from CTO of Bankorus to CTO Advisory contradicts what he previously wrote, stating that Bankorus should not have listed him as the CTO, and misrepresented his relationship with them.
  • Bankorus confirmed that Stephen Kade is their CTO. Update 10 May 2018 - Stephen Kade has confirmed that he is not the CTO of Bankorus.
  • Trust Token asks for personal data when potential investors fill out the pre-sale application but does not have a privacy policy.
  • Potential investors must complete the pre-sale application and accreditation process to have access to the white paper.
  • Private and public pre-sales done with SAFTs through the Sec. 506(c) exemption of Reg D, every single purchaser needs to go through the KYC/AML + Accreditation check on CoinList.
  • Team tokens vest over 4 years. Check if codified.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Update 17 May 2018 - The latest statement made by Stephen Kade saying that he is transitioning from CTO of Bankorus to CTO Advisory contradicts what he previously wrote, stating that Bankorus should not have listed him as the CTO, and misrepresented his relationship with them.
  • Stephen Kade (Co-founder of TrustToken) has confirmed that he is not the CTO of Bankorus and is focused full-time on building TrustToken.
  • Cannot verify that all team members work for Bankorus.
  • Public repo will be available after the conclusion of the token sale.
  • Team tokens vest over 4 years. To check in the deployed smart contract.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • TBD
  • Token economy and terms not yet published.
  • New Blockchain written in Rust with PoS for consensus.
  • Public beta in September 2018. Mainnet Q4 2018.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • TBD.
  • Token economy and terms not yet published.
  • Github is private.
  • Carbon-12 Labs, Inc. has so far raised $1.42 M out of $2.03 M in a seed round. 24 investors participated. The amount is being raised through equity.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • TBD
  • AKASHA International GmbH and AKASHA Stiftung (Foundation) registered in Switzerland.
  • Beta available.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Team tokens vest over 2 years. No vesting schedule for advisors. Vesting schedule not coded in the wanchain smart contract.
  • 15 public repositories - MyCryptoCurve repo 49 Commits as of 18 Nov 2018
  • CurveWallet BETA available.
  • There are no search results for "Stichting CryptoCurve (Dutch foundation)" in the Netherlands company registry. "Stichting CryptoCurve" is the company mentionned in the Curv sale terms & conditions and White paper.
  • On 18 Nov 2018 the CEO said that the company is "registered althought it is no finalized yet."
  • ICO check Questions sent to Joshua Halferty by DM on 18 June 2018 remain unanswered. The CEO was contacted on 18 Nov 2018 and admited to not being transparent "on some things."
  • Team not giving answers to investors when asked how much was raised during the private sale.
Full review
Date 30 Oct 2018 - 30 Nov 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Token economy and terms not yet published.
  • Crowdsale after mainnet (Product will be functional on the Main network)
  • Smart contract not yet deployed.
  • Team and advisors tokens vest over 2 years. To verify once smart contract is deployed.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date
Company name
Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
Date
Full review
  • Update 17 May 2018 - The latest statement made by Stephen Kade saying that he is transitioning from CTO of Bankorus to CTO Advisory contradicts what he previously wrote, stating that Bankorus should not have listed him as the CTO, and misrepresented his relationship with them.
  • Bankorus confirmed that Stephen Kade is their CTO. Update 10 May 2018 - Stephen Kade has confirmed that he is not the CTO of Bankorus.
  • Trust Token asks for personal data when potential investors fill out the pre-sale application but does not have a privacy policy.
  • Potential investors must complete the pre-sale application and accreditation process to have access to the white paper.
  • Private and public pre-sales done with SAFTs through the Sec. 506(c) exemption of Reg D, every single purchaser needs to go through the KYC/AML + Accreditation check on CoinList.
  • Team tokens vest over 4 years. Check if codified.
Full review
  • Update 17 May 2018 - The latest statement made by Stephen Kade saying that he is transitioning from CTO of Bankorus to CTO Advisory contradicts what he previously wrote, stating that Bankorus should not have listed him as the CTO, and misrepresented his relationship with them.
  • Stephen Kade (Co-founder of TrustToken) has confirmed that he is not the CTO of Bankorus and is focused full-time on building TrustToken.
  • Cannot verify that all team members work for Bankorus.
  • Public repo will be available after the conclusion of the token sale.
  • Team tokens vest over 4 years. To check in the deployed smart contract.
Full review
Full review
  • TBD
  • Token economy and terms not yet published.
  • New Blockchain written in Rust with PoS for consensus.
  • Public beta in September 2018. Mainnet Q4 2018.
Full review
  • TBD.
  • Token economy and terms not yet published.
  • Github is private.
  • Carbon-12 Labs, Inc. has so far raised $1.42 M out of $2.03 M in a seed round. 24 investors participated. The amount is being raised through equity.
Full review
  • TBD
  • AKASHA International GmbH and AKASHA Stiftung (Foundation) registered in Switzerland.
  • Beta available.
Full review
  • Team tokens vest over 2 years. No vesting schedule for advisors. Vesting schedule not coded in the wanchain smart contract.
  • 15 public repositories - MyCryptoCurve repo 49 Commits as of 18 Nov 2018
  • CurveWallet BETA available.
  • There are no search results for "Stichting CryptoCurve (Dutch foundation)" in the Netherlands company registry. "Stichting CryptoCurve" is the company mentionned in the Curv sale terms & conditions and White paper.
  • On 18 Nov 2018 the CEO said that the company is "registered althought it is no finalized yet."
  • ICO check Questions sent to Joshua Halferty by DM on 18 June 2018 remain unanswered. The CEO was contacted on 18 Nov 2018 and admited to not being transparent "on some things."
  • Team not giving answers to investors when asked how much was raised during the private sale.
Full review
30 Oct 2018 - 30 Nov 2018
  • Token economy and terms not yet published.
  • Crowdsale after mainnet (Product will be functional on the Main network)
  • Smart contract not yet deployed.
  • Team and advisors tokens vest over 2 years. To verify once smart contract is deployed.
Full review
Full review