Back

DISCLAIMER: This is not financial advice! None of the members of ICOPools.io are licensed financial advisors, hence you are urged to do your own due diligence and take your own decisions. (read more)

Bolt

Bolt

Active Pools Min cap Bonus Commission Raised Rating Language Access Created
Last ICO deals

Min cap

0.75 ETH

Bonus

10%

Commission

5.5%

Raised

55 / 158 ETH

Active

07.06.2018

Token Lock: 3 months

Finished successfully

09.06.2018

Tokens distributed

12.04.2019

Min cap

-

Bonus

10%

Commission

4%

Raised

No data / 100 ETH

Active

14.06.2018

Finished successfully

20.06.2018

Min cap

-

Bonus

15%

Commission

3%

Raised

No data

Active

31.05.2018

Lockup: Base 21 Days after ICO Bonus: 90 Days after ICO

Finished successfully

03.06.2018

Min cap

0.1 ETH

Bonus

10%

Commission

4%

Raised

33 / 104 ETH

Active

16.06.2018

Finished unsuccessfully

20.06.2018

Min cap

0.2 ETH

Bonus

-

Commission

0.5%

Raised

6 / 200 ETH

Active

01.06.2018

Finished unsuccessfully

04.06.2018

Min cap

1 ETH

Bonus

10%

Commission

4%

Raised

133 / 518 ETH

Active

03.06.2018

Lock-up of 3 month only for bonus tokens

Finished unsuccessfully

19.06.2018

Min cap

1 ETH

Bonus

10%

Commission

3%

Raised

103 / 103 ETH

Active

31.05.2018

lock up for ONLY bonus tokens for 3 months

Finished successfully

01.06.2018

Min cap

-

Bonus

-

Commission

-

Raised

No data

Active

23.06.2018

Finished unsuccessfully

04.08.2018

Min cap

1 ETH

Bonus

-

Commission

-

Raised

No data / 500 ETH

Active

31.05.2018

Finished successfully

02.08.2018

Min cap

-

Bonus

10%

Commission

-

Raised

No data

Active

06.06.2018

Finished unsuccessfully

07.06.2018

Min cap

-

Bonus

20%

Commission

3%

Raised

15 / 70 ETH

Active

02.06.2018

Finished unsuccessfully

05.06.2018

Analytics

Category: Media, Entertainment                                                                             Country: Singapore    Date: June 19, 2018

 

INTRO

Bolt - is an existing mobile only entertainment service (Live TV channels, Videos and Games) and currently has 3 million users across Asia and Africa. Users can either stream content in-browser or download Android and iOS app.

BOLT network increases users’ opportunities of access to digital content on developing markets, which aren’t serviced by banks and population of which has no bank cards.

 

 

TOKENOMICS

Metrics:

  • Ticker: BOLT
  • Total Supply: 1,000,000,000
  • Available in Sale: 40% of total supply
  • Hard Cap: $12 million
  • Token Type: NEP5 initially, moving to Zilliqa tokens after mainnet launch
  • Pre-Sale: TBA
  • Whitelist: TBA
  • Public Sale Live: TBA
  • Weekly Bonuses: TBA
  • Volume Bonuses: TBA
  • Token Distribution Date: 30 days after token generation event

 

Token Distribution:

  • Token Generation Event - 40% (400,000,000 BOLT Tokens)
  • BOLT Research and Development - 15% (150,000,000 BOLT Tokens)
  • Strategic & Content Partners - 20% (200,000,000 BOLT Tokens)
  • The team - 20% (200,000,000 BOLT Tokens). The vesting period is going to be 3 years with 33.33% vesting every year on a quarterly basis.
  • BOLT Community Contributors - 5% (50,000,000 BOLT Tokens)

BOLT will be officially listed on Switcheo DEX 30 days from the completion of the token generation event.

BOLT Tokens will be issued during the Token Generation Event as a NEP-5 token, with a future swap to Zilliqa tokens when the Zilliqa main-net goes live in Q3.

Tokens attributable to profits are burnt whilst general utility tokens will be put back into the network

 

 

PRODUCT

The BOLT project is the first decentralized app, which is developed on Zilliqa platform. However, Zilliqa is at the stage of testing, while the terms of mainnet launch were moved from Q2 to Q3 2018. The launch of Bolt network completely depends on the terms of Zilliqa platform launch. That’s why operating risks when implementing Bolt project are high as compared to the realization of projects on other already existing platforms (for example, Ethereum).

 

There are no MVP platforms, but one can download and try BOLT Global application in Google Play (number of installations - 10 000+).

Road map consists of 4 phases, which have no details and dates:

  • PHASE 1.0 - BOLT Network
  • PHASE 2.0 - BOLT Data
  • PHASE 3.0 - BOLT Education
  • PHASE 4.0 - BOLT Global

 

Technological features of Bolt project:

  • The patented technology of compression and streaming of high quality video at the rate of 250 Mbyte / hour versus 3 Gbyte / hour as compared to other operators (YouTube, Netflix)
  • The opportunity of micropayments through local telecommunication operators to access Bolt token.

On June 18 2018, the final version of White Paper with Road Map and goal metrics of the project was posted in the official group of Telegram, although the technology of 12-times data compression with video content quality preservation isn’t described in White Paper.

 

 

 

 

TEAM AND PARTNERS

BOLT team consists of 8 employees in the area of digital marketing, finances, law, mass media and experience in such large companies as Twitter, Havas Media Group, Total Sports Asia. However, there are no developers of software with experience of decentralized apps.

 

Team’s key members:

Jamal Hassim is CEO/Founder SyQic plc is a mobile entertainment service provider across internet enabled consumer devices (14 yrs). There are also publications in the Internet that Jamal held key leading offices in ntv7, 8tv and TV3 group, but there is no such information in Linkedin.

 

Christel QueK, cofounder and CCO – advisor in Zilliqa Blockchain, currently – an advisor in Switcheo, the first decentralized exchange on NEO platform. From 2013 to 2015 Christel  worked in Twitter in the position of Head of Content.

 

Julian Jackson, Chief Content Officer  - employed in the position of Chief Content Officer in Total Sports Asia (12 yrs, 7 mths).

 

Advisory board consists of 12 advisors from Tech, Sansa Advisors, Switcheo Network, Lightbulb Capital:

Willis Wee - CEO and founder Tech in Asia (8 yrs, 4 mths).

Ivan Poon and Jack Yeu are founders and managers of Switcheo Network (exchange daily return is insignificant and makes up $296k)

Matthew Cannon and Daniel Liebau - founders of Lightbulb Capital, a consulting company, which also invests in technological startups.

Trevor Healy and Mark Strecke - managing partners in Sansa Advisors, but information on the company success wasn’t found.

 

Partner board is strong:

Translation partners: Aljazeera, Channel NewsAsia, Citizen Television, Discovery Chanel, Viki Rakuten, NTV

 

Telecommunication partners: Maxis (20M users in Malaysia), Safaricom (32M users in Kenya)

 

Blockchain partners: Zilliqa (capitalization $679,6M), Switcheo.

 

There is no information on investments in the project, but it’s possible that Lightbulb Capital was the investor at the early stage of project financing. Information on raised funds at the stage of Private Sale wasn’t disclosed.

 

 

 

SOCIAL ACTIVITY

Bolt is represented in Telegram, Twitter and Medium. The most subscribers are in the official channel of Telegram, which was created on June 10, 2018 and 9,7K users joined the chat for 9 days. The Twitter channel counts 1,6K readers, the average number of likes and retwits per post is 1, which demonstrates the audience’s low activity. There’s no discussion of posts in Medium.

Marketing activity of the team in the Internet is low. Although the community’s interest in the project is above the average thanks to the project winning at pitch event Ian Balina in Bucharest, as well as promotion of the project by analysts Mandy and Tom H.Chase

 

 

MARKET

The competition on the market of video content distribution is very high, over 20 ICO projects were held for the last year, which acted as “killers” of Youtube, but there were no substantial shifts on the market.

 

The main competitors in decentralized environment:

  • Theta token -  in the course of ICO $20M was raised, capitalization - $139M, ROI USD - 1.81x
  • FLIXXO - $4,7M was raised, capitalization - $7,36 M, ROI USD - 1,02x
  • Viuly - capitalization - $4,1M, ROI USD - 0,04x
  • Viewly - $12M was raised, ROI USD - 0,43x
  • BitTube - capitalization - $10M, from the date of entering the exchange the price decreased 2 times

 

 

VERDICT

BOLT network has already 3M users, and the quality board of advisors, patented technology of data compression and partnership with large companies increases the chances of successful entry into the market of video content. However, YouTube is still the largest supplier of video in the world, and the population of Africa and Asia has the access to the internet and free content after all.

 

 

Risk score – low. Community’s interest – above-average.

Product - 7
Team and partners - 9
Market - 6
Average score - 7.2

DISCLAIMER: This is not financial advice! None of the members of ICOPools.io are licensed financial advisors, hence you are urged to do your own due diligence and take your own decisions. (read more)