Amon

Amon is an every-day Crypto debit card for everyone. It has a powerful multi-currency crypto wallet and state-of-the art artificial intelligence to provide the best value to the crypto holder.

About Amon

Amon aims to be a multi-cryptocurrency debit card for everyday use backed by Artificial Intelligence. Amon aims to provide ‘The Amon Pay’ system that allows real time conversion for everyday spending, starting with ETH, BTC and LTC. The Amon AI System is intended to be a tool to help users make decisions against market volatility; the tool is able to calculate the returns of cryptocurrencies within the users portfolio and suggests the most convenient cryptocurrency to convert in real time.
Competitors: TenX, Monaco, TokenCard, Xapo, WireX
Uniqueness/Advantages to competition: Aims to rely on an AI system for the user’s benefit and will use a masternode consensus mechanism for passive market partitipation rewards.

Token Sale Use of Blockchain

Product

3.4
Product
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

4.0
N/A
4 - Captivating.
Target User Base

Is it mass market or niche?

4.0
N/A
4 - Large audience / wide market.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

3.0
N/A
3 - Some normal competition.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

3.0
N/A
3 - Partial, a novel approach or aspect.

Product

There is currently a publicly accessible github repo and an Alpha wallet available on the website. Complete beta/final blockchain development/testing for the platform are planned to occur after the ICO, and the public release is planned to occur in 2018 (see Roadmap).
There is appeal to the Amon product, given the increasing demand for crypto-debit card services. The potential / target user-base will grow with natural population development (given the increasing need for financial services) and cryptocurrency adoption in the general population. There is currently some large, centralized competition in the sector (debit transactions), and blockchain competition will stiffen over time as cryptocurrency adoption continues.
Competitors: TenX, Monaco, TokenCard, Xapo, WireX

Product Whitepaper

Use of Blockchain

3.2
Use of Blockchain
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

4.0
N/A
4 - Innovative use of blockchain technology.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

4.0
N/A
4 - Generally disruptive.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

3.0
N/A
3 - Issuing a custom token is justifiable.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

2.0
N/A
2 - Centralized with some plans to decentralize.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

3.0
N/A
3 - Interesting.

Use of Blockchain

The project’s contribution to blockchain development is in creating a blockchain-connected, crypto-debit card allowing for everyday debit transactions. There is a disruptive advantage as the platform is aimed at decentralizing traditional financial markets by allowing a direct crypto to debit channel. There is need for a custom token, which allows for pricing and settlements as well as interaction on the platform. The contribution to the blockchain ecosystem is in developing a new crypto to debit financial service platform.

Use of Blockchain Roadmap

Whitepaper

4.2
Whitepaper
Comprehensiveness

Does it cover the full scope of the problem and solution?

4.0
N/A
4 - Satisfactory coverage, well written.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

4.0
N/A
4 - Informative disclosure.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

5.0
N/A
5 - Thorough, viable, convincing, promising.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

4.0
N/A
4 - Clear, well thought out, realistic.

Whitepaper

The whitepaper is well put together, professional and aesthetic, and contains a good balance of media and textual explanation. The whitepaper is 36 pages in length, and can be easily read and understood due to the media presented and the organization of the text. The whitepaper provides high level information and includes main sections which are each described in detail: Amon Card, Amon Aritificial Intelligence System (AAIS), AMN Token Benefits, Cards, Why Amon is better than competition, Roadmap, Technology Roadmap, Business Plan, and Team. The business and technology plans behind Amon are detailed and concisely explained including textual and graphical explanations.

Whitepaper Compliance

Roadmap

3.2
Roadmap
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

4.0
N/A
4 - Down to earth.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

3.0
N/A
3 - Optimistic.
Vision

Is there a larger, long-term vision?

3.0
N/A
3 - A trend with potential.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

2.0
N/A
2 - Critical obstacles ahead.

Roadmap

A milestone roadmap is given on a monthly to quarterly basis. Obstacles lie ahead as final platform/blockchain development and public platform launch will occur after the ICO. The roadmap is detailed and provides brief descriptions of the intermediate steps required to complete each milestone.

Roadmap:
July 2017 – Amon Project Starts
November 2017 – Card Company Agreement / Amon Wallet MVP
December 2017 – First round of Investment & new partnerships / White Paper
Q1 2018 – Implementation of LTC, ERC20 and Fiat currencies / AI System Real time payments / Private Token Sale Launch / Public Token Sale Launch
Q2 2018 – Roll out / Release of Amon Wallet to the public
Q3 2018 – E-money license / E-money licencing Application / Decentralization

Roadmap Company and Team

Compliance

3.2
Compliance
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

3.0
N/A
3 - Limited or uncertain use cases.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

4.0
N/A
4 - Specific, detailed.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

4.0
N/A
4 - Professional.

Compliance

The AMN-tokens have intrinsic value through their planned usage on the Amon platform, allowing users to directly interact, provide and use AI and crypto-to-debit services. The token’s main utility is as a tradable financial instrument, as it is used specifically as a means for pricing and payment settlments, but also allows interaction on the platform itself.
The token smart-contract infrastructure will be completed after the ICO, however there is an active github repo available for public review, as well as an alpha on the website.
Compliance is addressed with direct statements of AML & KYC Due Diligence, and this is enforced with a manual screening process via whitelisting. The legal disclaimer states that the tokens are intended for use as functional utility tokens and are not viewed as securities. The terms and conditions of the sale aim to absolve the company of any liability regarding the ICO and any problems that may occur, and provide a general statment that the tokens are not to be deemed a security.

Compliance Token Sale

Company and Team

3.8
Company and Team
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

4.0
N/A
4 - Established with some fundraising history.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

4.0
N/A
4 - Verifiable relevant experience.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

3.0
N/A
3 - Mostly assembled and committed.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

4.0
N/A
4 - Well suited to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

4.0
N/A
4 - Good, sufficient for each aspect.

Company and Team

Amon has an established team with 10 employees, 6 advisors, and 3 partnerships.
The core team has experience in product management, insurance consulting, AI and machine learning, software and back-end development, UX/UI, marketing, and blockchain/cryptocurrency/smartcontract platform development.
The advisors to the project have experience in cybersecurity, law, software architecture, IT, investments, and cryptocurrency/blockchain/smartcontract projects.
All team members have verifiable work experience credentials via LinkedIn profiles, however some profiles provide little information. Some members of the team appear to be dedicated to other projects outside of Amon. Some of the core team members and advisors have previous experience with blockchain, cryptocurrency, or smart-contract projects, investing, and ICO consultation/launch.
Positives: The core team is well rounded and has previous experience in the field of blockchain, cryptocurrency, or smart contracts.
Negatives: Not all members are fully dedicated to the project.

Company and Team Product

Token Sale

2.8
Token Sale
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

4.0
N/A
4 - Well suited to needs and plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

4.0
N/A
4 - Reasonable, sensible.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

3.0
N/A
3 - Rough estimates, but sensible.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

1.0
N/A
1 - Obfuscated, or giving company control of market value.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

2.0
N/A
2 - Minor exposure and interest, or ambivalent reception.

Token Sale

Amon Token (AMN)
Total Supply: 1.67 bil AMN
Max. Supply For Sale: 500 mil AMN
Hard Cap: $25 mil
Soft Cap: $3 mil
Purchase: 1 AMN = 0.05 USD

TOKEN DISTRIBUTION
Token sale – 30%
Reserve Capital – 27%
Founders – 25% (Vested 3 years with 6 month release program starting from the 2nd year.)
Team – 10% Vested 1 year
Advisors – 5% Vested 6 months
Bounty – 3%

TOKEN SALE PROCEEDS ALLOCATION
Marketing – 34%
Human Resources – 27%
IT & Security – 15%
Intelligence System and Finance – 15%
Legal and Facilities – 11%

Social Media Presence & Following
There is little community engagment and reception.

Product

There is currently a publicly accessible github repo and an Alpha wallet available on the website. Complete beta/final blockchain development/testing for the platform are planned to occur after the ICO, and the public release is planned to occur in 2018 (see Roadmap).
There is appeal to the Amon product, given the increasing demand for crypto-debit card services. The potential / target user-base will grow with natural population development (given the increasing need for financial services) and cryptocurrency adoption in the general population. There is currently some large, centralized competition in the sector (debit transactions), and blockchain competition will stiffen over time as cryptocurrency adoption continues.
Competitors: TenX, Monaco, TokenCard, Xapo, WireX

Category Breakdown
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

4.0
N/A
4 - Captivating.
Target User Base

Is it mass market or niche?

4.0
N/A
4 - Large audience / wide market.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

3.0
N/A
3 - Some normal competition.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

3.0
N/A
3 - Partial, a novel approach or aspect.
Product Score:
3.4

Use of Blockchain

The project’s contribution to blockchain development is in creating a blockchain-connected, crypto-debit card allowing for everyday debit transactions. There is a disruptive advantage as the platform is aimed at decentralizing traditional financial markets by allowing a direct crypto to debit channel. There is need for a custom token, which allows for pricing and settlements as well as interaction on the platform. The contribution to the blockchain ecosystem is in developing a new crypto to debit financial service platform.

Category Breakdown
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

4.0
N/A
4 - Innovative use of blockchain technology.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

4.0
N/A
4 - Generally disruptive.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

3.0
N/A
3 - Issuing a custom token is justifiable.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

2.0
N/A
2 - Centralized with some plans to decentralize.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

3.0
N/A
3 - Interesting.
Use of Blockchain Score:
3.2

Whitepaper

The whitepaper is well put together, professional and aesthetic, and contains a good balance of media and textual explanation. The whitepaper is 36 pages in length, and can be easily read and understood due to the media presented and the organization of the text. The whitepaper provides high level information and includes main sections which are each described in detail: Amon Card, Amon Aritificial Intelligence System (AAIS), AMN Token Benefits, Cards, Why Amon is better than competition, Roadmap, Technology Roadmap, Business Plan, and Team. The business and technology plans behind Amon are detailed and concisely explained including textual and graphical explanations.

Category Breakdown
Comprehensiveness

Does it cover the full scope of the problem and solution?

4.0
N/A
4 - Satisfactory coverage, well written.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

4.0
N/A
4 - Informative disclosure.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

5.0
N/A
5 - Thorough, viable, convincing, promising.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

4.0
N/A
4 - Clear, well thought out, realistic.
Whitepaper Score:
4.2

Roadmap

A milestone roadmap is given on a monthly to quarterly basis. Obstacles lie ahead as final platform/blockchain development and public platform launch will occur after the ICO. The roadmap is detailed and provides brief descriptions of the intermediate steps required to complete each milestone.

Roadmap:
July 2017 – Amon Project Starts
November 2017 – Card Company Agreement / Amon Wallet MVP
December 2017 – First round of Investment & new partnerships / White Paper
Q1 2018 – Implementation of LTC, ERC20 and Fiat currencies / AI System Real time payments / Private Token Sale Launch / Public Token Sale Launch
Q2 2018 – Roll out / Release of Amon Wallet to the public
Q3 2018 – E-money license / E-money licencing Application / Decentralization

Category Breakdown
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

4.0
N/A
4 - Down to earth.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

3.0
N/A
3 - Optimistic.
Vision

Is there a larger, long-term vision?

3.0
N/A
3 - A trend with potential.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

2.0
N/A
2 - Critical obstacles ahead.
Roadmap Score:
3.2

Compliance

The AMN-tokens have intrinsic value through their planned usage on the Amon platform, allowing users to directly interact, provide and use AI and crypto-to-debit services. The token’s main utility is as a tradable financial instrument, as it is used specifically as a means for pricing and payment settlments, but also allows interaction on the platform itself.
The token smart-contract infrastructure will be completed after the ICO, however there is an active github repo available for public review, as well as an alpha on the website.
Compliance is addressed with direct statements of AML & KYC Due Diligence, and this is enforced with a manual screening process via whitelisting. The legal disclaimer states that the tokens are intended for use as functional utility tokens and are not viewed as securities. The terms and conditions of the sale aim to absolve the company of any liability regarding the ICO and any problems that may occur, and provide a general statment that the tokens are not to be deemed a security.

Category Breakdown
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

3.0
N/A
3 - Limited or uncertain use cases.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

4.0
N/A
4 - Specific, detailed.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

4.0
N/A
4 - Professional.
Compliance Score:
3.2

Company and Team

Amon has an established team with 10 employees, 6 advisors, and 3 partnerships.
The core team has experience in product management, insurance consulting, AI and machine learning, software and back-end development, UX/UI, marketing, and blockchain/cryptocurrency/smartcontract platform development.
The advisors to the project have experience in cybersecurity, law, software architecture, IT, investments, and cryptocurrency/blockchain/smartcontract projects.
All team members have verifiable work experience credentials via LinkedIn profiles, however some profiles provide little information. Some members of the team appear to be dedicated to other projects outside of Amon. Some of the core team members and advisors have previous experience with blockchain, cryptocurrency, or smart-contract projects, investing, and ICO consultation/launch.
Positives: The core team is well rounded and has previous experience in the field of blockchain, cryptocurrency, or smart contracts.
Negatives: Not all members are fully dedicated to the project.

Category Breakdown
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

4.0
N/A
4 - Established with some fundraising history.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

4.0
N/A
4 - Verifiable relevant experience.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

3.0
N/A
3 - Mostly assembled and committed.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

4.0
N/A
4 - Well suited to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

4.0
N/A
4 - Good, sufficient for each aspect.
Company and Team Score:
3.8

Token Sale

Amon Token (AMN)
Total Supply: 1.67 bil AMN
Max. Supply For Sale: 500 mil AMN
Hard Cap: $25 mil
Soft Cap: $3 mil
Purchase: 1 AMN = 0.05 USD

TOKEN DISTRIBUTION
Token sale – 30%
Reserve Capital – 27%
Founders – 25% (Vested 3 years with 6 month release program starting from the 2nd year.)
Team – 10% Vested 1 year
Advisors – 5% Vested 6 months
Bounty – 3%

TOKEN SALE PROCEEDS ALLOCATION
Marketing – 34%
Human Resources – 27%
IT & Security – 15%
Intelligence System and Finance – 15%
Legal and Facilities – 11%

Social Media Presence & Following
There is little community engagment and reception.

Category Breakdown
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

4.0
N/A
4 - Well suited to needs and plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

4.0
N/A
4 - Reasonable, sensible.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

3.0
N/A
3 - Rough estimates, but sensible.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

1.0
N/A
1 - Obfuscated, or giving company control of market value.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

2.0
N/A
2 - Minor exposure and interest, or ambivalent reception.
Token Sale Score:
2.8

Use this code to share the ratings on your website