RightMesh

RightMesh is the world’s first software-based, ad hoc mobile mesh networking platform and protocol using blockchain technology and MESH tokens to power growth.

About RightMesh

RightMesh aims to connect the unconnected by giving users in less developed areas access to the Internet by deploying a decentralized ad-hoc mobile mesh network. The network will combine Bluetooth, WiFi and WiFi direct, in order to allow for all devices in the RightMesh ecosystem to contribute to the mesh.

Token Sale Use of Blockchain

Product

2.8
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?

3.0
N/A
3 - Interesting.
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?

2.0
N/A
2 - Quite a few / somewhat better competitors.
Innovation

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

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

Product

RightMesh aims to target users who don’t have readily available Internet access, primarily in third-world countries. It is stated that RightMesh will provide such users with access to data/information, decentralized storage solutions, processing power, and the Internet in general, using a distributed mesh system. RightMesh provides discussion and a figure outlining how its platform compares with its competitors. RightMesh correctly points out that the market for communication networking is quite competitive. Even with RightMesh’s specialization of software-based mesh networking, there are still a few notable competitors in this sector. The GitHub page is included in the whitepaper as well as on the website and upon investigation, shows that their development team is fairly active.

Product Whitepaper

Use of Blockchain

3.4
Use of Blockchain
Blockchain Development

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

3.0
N/A
3 - Automation; making something easier to do.
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?

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.)?

3.0
N/A
3 - Hybrid; decentralized as far as circumstances allow.
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

MESH follows the ERC20 protocol. As the infrastructure of RightMesh is maintained by its users, node operators are rewarded in MESH tokens, making the need for a custom token clear. MESH tokens are be used as a means of exchange on the RightMesh platform.

Use of Blockchain Roadmap

Whitepaper

2.2
Whitepaper
Comprehensiveness

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

3.0
N/A
3 - Covers most key issues; a few holes.
Readability

Is it easy enough to understand?

1.0
N/A
1 - I still don't get it.
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?

1.0
N/A
1 - Severely lacking.
Technology Presentation

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

3.0
N/A
3 - More information required.

Whitepaper

The whitepaper contains quite a significant amount of content and takes considerable time to read. Discussions regarding the technical foundation of the platform are sufficiently detailed. There is extensive use of buzzwords and technical jargon, which have to be waded through in order to try and understand the operations of the platform. More information is required regarding the project’s business plan, especially details of the token sale.

Whitepaper Compliance

Roadmap

2.2
Roadmap
Concreteness

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

2.0
N/A
2 - Vague, noncommittal.
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?

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?

2.0
N/A
2 - Not fully available or trustworthy.
Current Position

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

2.0
N/A
2 - Critical obstacles ahead.

Roadmap

The development roadmap is not included in the RightMesh whitepaper. On the website, there is a vaguely outlined roadmap, lacking details for individual milestones, that spans from Q4 2014 to Q4 2019. Milestones are primarily technological as opposed to business oriented. The SDK public release on Mainnet is planned to launch at the end of 2018.

Roadmap Company and Team

Compliance

3.0
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?

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?

3.0
N/A
3 - Limited to blanket standard.
Legal Review/Risk Assessment

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

3.0
N/A
3 - Semi-professional (e.g. Howey Test)

Compliance

On the website, there is a notice stating that the web page is “not a solicitation for investment and does not in any way pertain to an offering of securities in either Canada or the United States, and Canadian and United States residents are expressly excluded from allocation of RightMesh Tokens”. There is also a section in the whitepaper focused on legal and regulatory content, where the language is fairly professional. Disclaimers are also present in the beginning of the document, with statements indicating that MESH tokens are not to be considered securities.

Compliance Token Sale

Company and Team

2.8
Company and Team
Company Stage and Foundation

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

3.0
N/A
3 - Company structure in place.
Background of Lead Team Members

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

3.0
N/A
3 - Minimally sufficient.
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?

3.0
N/A
3 - Somewhat uncertain, probably okay.

Company and Team

The team of 13 individuals is not listed in the whitepaper but can be found on the website, along with profile pictures, brief descriptions of skills and professional experience, job titles, and links to LinkedIn profiles. The team’s skill set is fairly balanced between business and technology related skills and experience. There are a few team members that possess a PhD. However, it does not seem as though any of the developers have extensive experience developing smart contracts.

Company and Team Product

Token Sale

1.8
Token Sale
Raise Amount Max

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

3.0
N/A
3 - Justifiable.
Raise Amount Min

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

1.0
N/A
1 - None or nonsensical.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

2.0
N/A
2 - Use of funds only loosely defined.
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

Details of the token sale can be found on the RightMesh website. The total number of MESH tokens is approximately 129.5 million (30% is sale, 30% is for the RightMesh team, 20% is for Left (parent company), 10% for advisors and “TGE costs”, and 10% is for airdrops). It is not explained what costs are associated with the TGE (Token Generating Event), yet these make up a significant portion of the token allocation. Fund allocation is not provided, neither in the whitepaper nor on the website. The soft cap is unspecified and the hard cap is $30MM USD, where 1 MESH = $1.00 USD. The token sale takes place on February 15th.

Product

RightMesh aims to target users who don’t have readily available Internet access, primarily in third-world countries. It is stated that RightMesh will provide such users with access to data/information, decentralized storage solutions, processing power, and the Internet in general, using a distributed mesh system. RightMesh provides discussion and a figure outlining how its platform compares with its competitors. RightMesh correctly points out that the market for communication networking is quite competitive. Even with RightMesh’s specialization of software-based mesh networking, there are still a few notable competitors in this sector. The GitHub page is included in the whitepaper as well as on the website and upon investigation, shows that their development team is fairly active.

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?

3.0
N/A
3 - Interesting.
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?

2.0
N/A
2 - Quite a few / somewhat better competitors.
Innovation

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

2.0
N/A
2 - Some, but nothing outstanding.
Product Score:
2.8

Use of Blockchain

MESH follows the ERC20 protocol. As the infrastructure of RightMesh is maintained by its users, node operators are rewarded in MESH tokens, making the need for a custom token clear. MESH tokens are be used as a means of exchange on the RightMesh platform.

Category Breakdown
Blockchain Development

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

3.0
N/A
3 - Automation; making something easier to do.
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?

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.)?

3.0
N/A
3 - Hybrid; decentralized as far as circumstances allow.
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:
3.4

Whitepaper

The whitepaper contains quite a significant amount of content and takes considerable time to read. Discussions regarding the technical foundation of the platform are sufficiently detailed. There is extensive use of buzzwords and technical jargon, which have to be waded through in order to try and understand the operations of the platform. More information is required regarding the project’s business plan, especially details of the token sale.

Category Breakdown
Comprehensiveness

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

3.0
N/A
3 - Covers most key issues; a few holes.
Readability

Is it easy enough to understand?

1.0
N/A
1 - I still don't get it.
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?

1.0
N/A
1 - Severely lacking.
Technology Presentation

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

3.0
N/A
3 - More information required.
Whitepaper Score:
2.2

Roadmap

The development roadmap is not included in the RightMesh whitepaper. On the website, there is a vaguely outlined roadmap, lacking details for individual milestones, that spans from Q4 2014 to Q4 2019. Milestones are primarily technological as opposed to business oriented. The SDK public release on Mainnet is planned to launch at the end of 2018.

Category Breakdown
Concreteness

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

2.0
N/A
2 - Vague, noncommittal.
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?

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?

2.0
N/A
2 - Not fully available or trustworthy.
Current Position

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

2.0
N/A
2 - Critical obstacles ahead.
Roadmap Score:
2.2

Compliance

On the website, there is a notice stating that the web page is “not a solicitation for investment and does not in any way pertain to an offering of securities in either Canada or the United States, and Canadian and United States residents are expressly excluded from allocation of RightMesh Tokens”. There is also a section in the whitepaper focused on legal and regulatory content, where the language is fairly professional. Disclaimers are also present in the beginning of the document, with statements indicating that MESH tokens are not to be considered securities.

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?

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?

3.0
N/A
3 - Limited to blanket standard.
Legal Review/Risk Assessment

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

3.0
N/A
3 - Semi-professional (e.g. Howey Test)
Compliance Score:
3.0

Company and Team

The team of 13 individuals is not listed in the whitepaper but can be found on the website, along with profile pictures, brief descriptions of skills and professional experience, job titles, and links to LinkedIn profiles. The team’s skill set is fairly balanced between business and technology related skills and experience. There are a few team members that possess a PhD. However, it does not seem as though any of the developers have extensive experience developing smart contracts.

Category Breakdown
Company Stage and Foundation

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

3.0
N/A
3 - Company structure in place.
Background of Lead Team Members

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

3.0
N/A
3 - Minimally sufficient.
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?

3.0
N/A
3 - Somewhat uncertain, probably okay.
Company and Team Score:
2.8

Token Sale

Details of the token sale can be found on the RightMesh website. The total number of MESH tokens is approximately 129.5 million (30% is sale, 30% is for the RightMesh team, 20% is for Left (parent company), 10% for advisors and “TGE costs”, and 10% is for airdrops). It is not explained what costs are associated with the TGE (Token Generating Event), yet these make up a significant portion of the token allocation. Fund allocation is not provided, neither in the whitepaper nor on the website. The soft cap is unspecified and the hard cap is $30MM USD, where 1 MESH = $1.00 USD. The token sale takes place on February 15th.

Category Breakdown
Raise Amount Max

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

3.0
N/A
3 - Justifiable.
Raise Amount Min

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

1.0
N/A
1 - None or nonsensical.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

2.0
N/A
2 - Use of funds only loosely defined.
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:
1.8

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