Bottr

Bottr is a smart messaging platform that helps you connect with anyone and manage things from one place and earn for your contributions.

About Bottr

Bottr aims to be a blockchain and AI based social network and economy, powered by personal chat bots and smart messaging, that streamlines processes and rewards users for participation. With Bottr, users will have their own personal chat bots (which can learn from their conversations and responses), accessible from anywhere via a personalized link, and will be able to earn botcoin for activities and social contributions. Bottrs platform is essentially built on four fundamental pillars: (1) a personal AI powered identity for connection and communication (chat bot), (2) a cryptocurrency to put value on output and act as a medium of exchange (Botcoin), (3) a social reputation measure for trust and governance (Botscore), and (4) a transparent and secure blockchain based infrastructure layer (Botchain).
Competitors: Fortknoxster, blockcom, Mercury Protocol, Ironclad, Broadcast, NXT Messaging
Uniqueness/Advantages to competition: Some; Mainly the combination of the four pillar system to provide value to the users of the platform.

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?

4.0
N/A
4 - Beta or initial rollout.
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?

2.0
N/A
2 - Some, but nothing outstanding.

Product

There is a full platform currently available, with a claim of 15,000+ bots, 5,000,000+ messages, and 30,000,000+ coins already in circulation. Intial blockchain development is available on gihub and further development is expected to occur after the ICO (see Roadmap).
There is appeal to the Bottr product, given the widespread use of digital messaging in both personal and professional contexts, and the potential / target user-base will grow along with the adoption of cryptocurrency in the general population. There is currently a very large amount of legacy competition in this space and blockchain competition will greatly stiffen over time as adoption continues, given the size of the target market and the assumed increased future demand for encrypted messaging.
Competitors: Fortknoxster, blockcom, Mercury Protocol, Ironclad, Broadcast, NXT Messaging

Product Whitepaper

Use of Blockchain

3.8
Use of Blockchain
Blockchain Development

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

5.0
N/A
5 - Novel blockchain and service.
Disruptive Blockchain Advantage

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

3.0
N/A
3 - Potentially 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?

4.0
N/A
4 - Token is essential to platform.
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.)?

4.0
N/A
4 - Mostly decentralized.
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 mainly the creation of an independent blockchain, separate from Ethereum. There is a disruptive advantage as, in theory, it would enable further decentralization of the legacy messaging platforms that currently dominate the digital communications market, and would provide users with more monetization opportunities. There is some need for a custom token as the platform is an independent marketplace and is creating an independent blockchain.

Use of Blockchain Roadmap

Whitepaper

3.8
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.?

3.0
N/A
3 - Basic honesty with some hype.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
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 very well put together, professional and aesthetic, and provides a good mixture of media and textual explanation. The document is fairly long at 48-pages, and covers the platform specifics in detail, but can be easily read and understood due to the amount of presented media. The whitepaper sections include: Introduction, the problem, the Bottr solution, the botcoin, the ICO, the Technology, the Roadmap, the Team, and Disclaimers. The business plan and technology behind Bottr are thoroughly and concisely explained.

Whitepaper Compliance

Roadmap

2.8
Roadmap
Concreteness

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

3.0
N/A
3 - An overall plan, major milestones stated.
Feasibility

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

2.0
N/A
2 - Very ambitious.
Vision

Is there a larger, long-term vision?

2.0
N/A
2 - Riding the current wave.
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?

3.0
N/A
3 - Getting there.

Roadmap

A basic roadmap is given on a half-year basis, starting with ‘MVP Development’.The platform has made substantial progress, however, a release for mobile devices and full infrastucture development and scaling will all occur after the ICO. The roadmap is vague and no descriptions are provided for the intermediate steps required to complete each milestone.
Important Milestones:
2016/2017 – MVP development and feedback
2017 – Further Design and implementation
2018 – Botcoin launch and coin sale
2018 – Mobile device apps
2019 – infrastructure scaling and coin based payments/exchange system

Roadmap Company and Team

Compliance

3.6
Compliance
Token Utility (value through usage)

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

4.0
N/A
4 - Distinctive 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?

4.0
N/A
4 - Beta or initial rollout.
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 Botcoin has intrinsic value through its planned usage on the Bottr platform, by way of native blockchain transactions, which allow for the botscoring of contributions as well as payments on the decentralized marketplace. The token’s main utility is as a tradable financial instrument, as it is used specifically for earning contribution rewards and for settlement of payments.
The token smart-contract infrastructure has had a lot of progress but will be fully completed after the ICO, followed by further developments and scaling.
Compliance is addressed with direct statements of AML & KYC Due Diligence and enforced with a registration whitelisting process and manual screening of all platform registrants.
The legal review, disclaimer, and terms and conditions of the sale are detailed, professional, and thorough, aiming to absolve the company of any liability regarding the ICO and any problems that may occur, and providing a general statment that the tokens are not to be deemed a security.

Compliance Token Sale

Company and Team

3.2
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?

5.0
N/A
5 - Accomplished, recognized.
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?

2.0
N/A
2 - Lacking in key areas.
Team Skill Set Relevance

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

3.0
N/A
3 - Correlated 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?

2.0
N/A
2 - Somewhat skewed.

Company and Team

Bottr has an established team with 3 employees, 3 advisors/investors, and 2 seed/startup funding backers.
The core team has experience in messaging platforms, business development, startups, mobile development, frontend engineering, and tech development.
The advisors have backgrounds in investments and capital management.
All team members have verifiable work experience credentials via LinkedIn profiles. The team members are fully dedicated to the project. The core members have no verifiable previous experience with blockchain, cryptocurrency, or smart-contract development, but have previous work experience with top-ranked global companies such as KPMG and Deloitte.
Positives: The core team is well rounded, fully dedicated to the project, and comes from substantial business pedigree.
Negatives: Only one blockchain developer is currently part of the team.

Company and Team Product

Token Sale

3.2
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?

3.0
N/A
3 - Sufficient company/community interest balance.
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

Botcoin
Botcoin will be $.025 to $.10 with cost increasing as more tokens are sold
Soft Cap: $2 million
Hard Cap: $6 million

Token Distribution
60% Network growth and users contribution
10% Public Sale
10% Future expansion, research, and grants
10% Fund & accelerate developer ecosystem
10% Founding, team, advisors *A maximum of 50,000 or 1/36th of the owned Botcoins (whichever is higher) will unlock/vest every month.

Token Profits
Spend about $200k per month for 12 to 24 months to fund team building and platform development:
3 engineers, 11 Researchers, 2 UI/Ux Developers, 2 App developers, 2 Data Scientists, 2 DevOps
1 Growth leader, 1 growth engineer, 3 channel managers, 1 copywriter
1 HR Admin, 1 Operations Manager, Marketing Fund, Operations fund

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

Product

There is a full platform currently available, with a claim of 15,000+ bots, 5,000,000+ messages, and 30,000,000+ coins already in circulation. Intial blockchain development is available on gihub and further development is expected to occur after the ICO (see Roadmap).
There is appeal to the Bottr product, given the widespread use of digital messaging in both personal and professional contexts, and the potential / target user-base will grow along with the adoption of cryptocurrency in the general population. There is currently a very large amount of legacy competition in this space and blockchain competition will greatly stiffen over time as adoption continues, given the size of the target market and the assumed increased future demand for encrypted messaging.
Competitors: Fortknoxster, blockcom, Mercury Protocol, Ironclad, Broadcast, NXT Messaging

Category Breakdown
Readiness

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

4.0
N/A
4 - Beta or initial rollout.
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?

2.0
N/A
2 - Some, but nothing outstanding.
Product Score:
3.4

Use of Blockchain

The project’s contribution to blockchain development is mainly the creation of an independent blockchain, separate from Ethereum. There is a disruptive advantage as, in theory, it would enable further decentralization of the legacy messaging platforms that currently dominate the digital communications market, and would provide users with more monetization opportunities. There is some need for a custom token as the platform is an independent marketplace and is creating an independent blockchain.

Category Breakdown
Blockchain Development

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

5.0
N/A
5 - Novel blockchain and service.
Disruptive Blockchain Advantage

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

3.0
N/A
3 - Potentially 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?

4.0
N/A
4 - Token is essential to platform.
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.)?

4.0
N/A
4 - Mostly decentralized.
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:
3.8

Whitepaper

The whitepaper is very well put together, professional and aesthetic, and provides a good mixture of media and textual explanation. The document is fairly long at 48-pages, and covers the platform specifics in detail, but can be easily read and understood due to the amount of presented media. The whitepaper sections include: Introduction, the problem, the Bottr solution, the botcoin, the ICO, the Technology, the Roadmap, the Team, and Disclaimers. The business plan and technology behind Bottr are thoroughly and concisely explained.

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.?

3.0
N/A
3 - Basic honesty with some hype.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
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:
3.8

Roadmap

A basic roadmap is given on a half-year basis, starting with ‘MVP Development’.The platform has made substantial progress, however, a release for mobile devices and full infrastucture development and scaling will all occur after the ICO. The roadmap is vague and no descriptions are provided for the intermediate steps required to complete each milestone.
Important Milestones:
2016/2017 – MVP development and feedback
2017 – Further Design and implementation
2018 – Botcoin launch and coin sale
2018 – Mobile device apps
2019 – infrastructure scaling and coin based payments/exchange system

Category Breakdown
Concreteness

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

3.0
N/A
3 - An overall plan, major milestones stated.
Feasibility

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

2.0
N/A
2 - Very ambitious.
Vision

Is there a larger, long-term vision?

2.0
N/A
2 - Riding the current wave.
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?

3.0
N/A
3 - Getting there.
Roadmap Score:
2.8

Compliance

The Botcoin has intrinsic value through its planned usage on the Bottr platform, by way of native blockchain transactions, which allow for the botscoring of contributions as well as payments on the decentralized marketplace. The token’s main utility is as a tradable financial instrument, as it is used specifically for earning contribution rewards and for settlement of payments.
The token smart-contract infrastructure has had a lot of progress but will be fully completed after the ICO, followed by further developments and scaling.
Compliance is addressed with direct statements of AML & KYC Due Diligence and enforced with a registration whitelisting process and manual screening of all platform registrants.
The legal review, disclaimer, and terms and conditions of the sale are detailed, professional, and thorough, aiming to absolve the company of any liability regarding the ICO and any problems that may occur, and providing 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)?

4.0
N/A
4 - Distinctive 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?

4.0
N/A
4 - Beta or initial rollout.
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:
3.6

Company and Team

Bottr has an established team with 3 employees, 3 advisors/investors, and 2 seed/startup funding backers.
The core team has experience in messaging platforms, business development, startups, mobile development, frontend engineering, and tech development.
The advisors have backgrounds in investments and capital management.
All team members have verifiable work experience credentials via LinkedIn profiles. The team members are fully dedicated to the project. The core members have no verifiable previous experience with blockchain, cryptocurrency, or smart-contract development, but have previous work experience with top-ranked global companies such as KPMG and Deloitte.
Positives: The core team is well rounded, fully dedicated to the project, and comes from substantial business pedigree.
Negatives: Only one blockchain developer is currently part of the team.

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?

5.0
N/A
5 - Accomplished, recognized.
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?

2.0
N/A
2 - Lacking in key areas.
Team Skill Set Relevance

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

3.0
N/A
3 - Correlated 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?

2.0
N/A
2 - Somewhat skewed.
Company and Team Score:
3.2

Token Sale

Botcoin
Botcoin will be $.025 to $.10 with cost increasing as more tokens are sold
Soft Cap: $2 million
Hard Cap: $6 million

Token Distribution
60% Network growth and users contribution
10% Public Sale
10% Future expansion, research, and grants
10% Fund & accelerate developer ecosystem
10% Founding, team, advisors *A maximum of 50,000 or 1/36th of the owned Botcoins (whichever is higher) will unlock/vest every month.

Token Profits
Spend about $200k per month for 12 to 24 months to fund team building and platform development:
3 engineers, 11 Researchers, 2 UI/Ux Developers, 2 App developers, 2 Data Scientists, 2 DevOps
1 Growth leader, 1 growth engineer, 3 channel managers, 1 copywriter
1 HR Admin, 1 Operations Manager, Marketing Fund, Operations fund

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?

3.0
N/A
3 - Sufficient company/community interest balance.
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:
3.2

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