Keplertek [KEP] ICO Review And Complete Analysis

keplertek ICO Review and Rating

Keplertek [KEP] ICO Review And Complete Analysis

Keplertek ICO Review

Overview

Robotics and Artificial Intelligence (AI) is what future is all about. Currently, the Robotics has over billion dollar marketplace that combined with AI is revolutionizing the world of innovation. With the advent of blockchain technology, this sector has opened up new opportunities to change the future of humanity. Kepler ICO is aiming to achieve exactly this. Sounds Interesting, Right! Powerful enough to even make your investments. But what exactly Kepler Platform is offering you? Our thorough Keplertek ICO Review which involves detailed is to find the answers to your investment questions.

Important dates:

  • Token sale begins: June 26, 2018 – July 17, 2018
  • Token presale: May 22, 2018 – June 5, 2018
  • Max supply: 100,000,000
  • Token for sale: 50,000,000
  • Soft cap: 10,000,000 USD
  • Hard cap: 62,500,000 USD
  • Price: 1 KEP = 1.25 USD
  • Accepts: ETH, BTC

Keplertek: Blockchain powered AI & robotics ecosystem

Kepler Technology aims to build an innovative and international ecosystem for the development of AI & Robotics. By utilizing blockchain technology, the platform will bridge the gap between the people with ideas and technical know-how and those that have the financial resources in order to bring the idea to life.  

According to the Keplertek team, it is “a hub where like-minded individuals can connect and form legally binding teams to pursue an idea from the development stage to mass production using Keplertek’s resources and apply for funding in Keplertek’s network of angel investors and venture funds.”

Kepler Technology brings the developers, investors, and customers together from all over the globe by registering the users under particular groups based on goals, backgrounds, and purpose.

Now, the evaluation time!!!

  • A detailed whitepaper

The whitepaper of the Kepler Technology is professional, detailed and a very well put together. Comprising of 59 pages, it talks about the platform, business model of an ecosystem, token structure, benefits to different participants, and risk assessment and management.

The project doesn’t provide any information on the prototype. There is no code available on the GitHub so we reached out to the Keplertek team which said:

“Currently, we are working on the beta version of the platform that will debut before the ICO.”

Well, that’s progressive if they do release the beta version before the ICO but we can only wait and watch for now.

ICO Funds Budgeting

The funds so raised in the ICO will be allocated in such a fashion that 12 percent of this would go to product development of the Kepler platform. 8 percent of the funds will be allocated for business development and strategic partnerships that will involve onboarding new organizations, secure partnerships, and collaborations.

For the construction of premises, purchase of equipment for testing and production of Robotics, and infrastructure construction will be allocated 20 percent funds each.

Communication and Marketing department will receive 9 percent of these funds involving community build up, marketing campaigns, PR and hiring while 10 percent goes to reserve funds that will “provide liquidity for future monetary policies and platform functionalities.”

  • Team profile

A team of 21 people with expertise in software engineering, web development, marketing, budgeting, research & development and blockchain. It was easy to approach the team as well as we reached out to the team to get a thorough understanding of the project.

Keplertek ICO - Team
Keplertek ICO – Team

Giorgi Topuria– CEO, With a double masters degree in international business law and corporate and commercial law, Topuria got into the crypto industry in 2014 by investing in bitcoin.

Givi Dolidze– Co-Founder and Vice-CEO, With a degree in audit and accounting, Dolidze has previously worked with PwC.  

Irakli Eliashvili– CTO, Eliashvili has worked in the information technology and services industry with a professional degree in Bachelor of Arts, with specialization in Mathematics and Physics.

  • Business model

Kepler Technology is introducing their own token KEP token which is its default currency for all the settlements on its ecosystem. An ERC20 compatible token, KEP can be used to purchase products, robots, AI subscription services and licenses along with funding the ideas.

An imperative feature of this token is high liquidity that will be strengthened by the value of the company’s assets which will be further secured by the land.

The token will be listed on the exchange as well which means as the Kepler platform grows, its native token will also rise in value. We were a bit skeptical on the “exchange” it would be listed on, regarding which a Kepler executive stated confidently “We are going to be listed on one of the top five exchanges”, well that is definitely something to look forward to.

keplertex ICO Details
Keplertek ICO – Details
  • Backing technology

The project is based on the popular Ethereum blockchain though once it releases its ICO, the team will start working on its own blockchain. Having appointed a blockchain expert and setting aside 8 percent of the ICO funds for blockchain purpose, the team is dedicated right from the get-go.

The minimum investment is also outlined which is 50 USD or 0.1ETH.

Defining clear terms and conditions for the ICO, the whitepaper details the need for KYC requirement. Moreover, for due diligence, platform registrants will have to go through manual screening.

  • Crypto-sale resiliency

Kepler Technology is a Georgia incorporated company that has restricted its token sales to the US citizens.

Token Distribution: Out of the total 100,00,000 KEP tokens, 61 percent tokens will be up for the sales. The team will be allotted 10 percent of the tokens that will be locked for the 12 months. Another 10 percent will go to the top management and advisors that have contributed to the project’s success. 20 percent of this share will be transferred to them right after the end of ICO while the remaining 80 percent will be locked for 6 months.

Keplertek company will get 10 percent of the tokens that will be used for partnerships, business development, marketing, future expenses, and strategic acquisitions. The remaining 4 percent tokens would go to the reserve funds that are managed by the Kepler team and would be locked for 12 months period.

Security: Kepler platform is implementing smart contracts in the investment sector that will provide a layer of security to the investments. Moreover, by creating its own blockchain, it aims to secure information, reduce fraud and increase trust.

With 6 people acting as the advisors, Kepler Technologies has blockchain and ICO experts with wide industry experience.

  • Community acceptance

The company has an official “start community building stage” allotted for the February month before the presale of ICO in May. Facebook, Twitter, Youtube, and Bitcointalk are the social media choices made by the team. Kepler Technologies official Telegram group has close to 15,000 members which is a good number.

  • Roadmap

Stage of Project:

Starting from 2016 to gather a team for Kepler Technologies, the roadmap follows a basic approach. Currently, the project is in ICO stage which is on time but has several milestones coming up with the alpha launch of the product, blockchain testing and construction of the campus. However, each of these major steps is a complex process that requires a detailed description that is lacking.

Major Hurdles:

The plan is to build their own blockchain which is not an easy feat combined with the campus construction. From Keplertek’s point of view gaining “enough exposure within the high-tech community to acquire necessary partnership agreements with top venture funds and technology parks around the world” pose an obstacle.

Keplertek ICO – Ratings

Average Rating: 7.7/10

A note to investors

The team is the most integral part of a project’s success and Keplertek team has dynamic industry experience with blockchain experts as well. With an advanced idea to combine Robotics and AI and Blockchain, the project has a solid concept that could be revolutionary. Having said that, the project lacks a prototype though its beta version is expected to release soon, which we need to keep an eye on. And developing own blockchain is easy said than done. The liquidity factor of the KEP token whose market value will be boosted by the value of the company that will be further listed on the exchanges is surely exciting.

Methodology

To rate an ICO, we follow a list of parameters that are basically the KPIs (Key Performance Indicators) of a project viz:

  • Whitepaper – Availability of code or prototype, the breakdown of funds, wallet for crowdsale
  • Team Profile – Team’s strength and reputation
  • Business Model – Problem solved, purpose & utility of the token and the economic model
  • Backing Technology – Blockchain infrastructure, clarity of terms & conditions and token software
  • Crypto-sale Resilience – Incorporation, token distribution, legal risks and security aspect
  • Community Acceptance – Clarity & frequency of communication and social media presence

By asking the right questions, we maintain the integrity and viability of our ICO review while following a rating method that is based on the criticality of a particular factor. For instance, elements like token utility and funds breakdown have been given the highest importance while the team members’ reputation and plan to attract a user base are of medium criticality.

We have a team of robust professionals who rate the ICO projects in completely unbiased manner.

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Caution: Coingape publishes the ICO project reviews only for the information purpose. It is not an invitation for investment. When making investment decisions, conduct your individual assessment and consult with an advisor.

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Stan Peterson 103 Articles

Being an active participant in the Blockchain world, I always look forward to engage with opportunities where I could share my love towards digital transformation.

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