PikcioChain review ($PKC) - 5min read
PikcioChain ICO review for you, fact checking and clarification for another very interesting project. Pikcio is building several products, and although very ambitious and complex goals, it seems like Pikcio is already well on its way to succeed. Pikcio/Matchbox is already a profitable company. NEO and OnChain are on board, participating in the development of the Pikcio products and have invested 3 million USD in the ICO. The main products are about to be go live in a few months. There are many green flags, please find all the facts below and make your own judgement.
This is not financial advice, do your due diligence before investing. Again, DYOR (Do Your Own Research).
Basics
- Official Website
- White paper
- Short paper
- Technical paper
- Fields
- Big data, KYC/AML, Crypto Wallet, Crypto Social Network, ICO Participation Management & Discovery
- Goal
- Build a decentralized, secure, transparent and legally compliant means of exchanging personal data between individuals and businesses
- Validate, secure, store and allow the safe monetization of your personal information
- Put the power of your personal data back into your hands
- Products status
- PickioChain been in development for 3 years.
- PikcioMe: beta version in the Google PlayStore - https://play.google.com/store/apps/details?id=com.matchupbox.pikcio&hl=en
- "The Wallet”, formerly called “PikcioTokenSaleWallet (TSW)": being finalised, the plan is alpha for May & go live in July-August.
https://news.pikciochain.com/pikciochain-introducing-the-wallet-b2b1b91848ef
- PikcioPro: developed at about 50%
- PikcioLab: being developed alongside PikcioPro
- Market size
- Huge - big data is already massive now, it will become even bigger in the future - “data is the oil of the 21st century”.
- Securing data: 93 billion USD spent on information security in 2018
- Description
- Reputation system called the Trust Capital Index (TCI).
- Enables the collection, certification and exchange of personal data.
- Protects the individual's data while making data acquisition and management easy for businesses.
- Providing the world’s first monetized personal data marketplace.
- Users choose how to share their data, who to share it with, while also providing them with the opportunity to be compensated for its use.
- Complies with GDPR: Data stored and transferred in a peer to peer way, not on the open blockchain. Only hashes and validation of the data are stored on the proprietary, private, permission-based blockchain.
- Users store their data only on their own devices
- PikcioTokenSaleWallet (TSW): allows for easy participation in token sales - developed with OnChain
- a one-time KYC process
- NEO wallet
- ETH wallet
- Fiat wallet - traditional bank account in EUR/USD/else
- Auto-oneclick-participate in token sales
- Extra token sales features when paying PKCs or holding PKCs on account
- PikcioMe: for the individual users (suppliers of data), to exchange and certify personal data
- Data exchange will be end-to-end encrypted whilst the encryption key is generated on the user’s device by the PikcioMe application, making the data exchange secure
- PikcioPro: for the businesses (consumers of data), paid service to access he Pikcio data exchange
- PikcioLab: for the developers (designers of smart contracts)
- PikcioChain will eventually have its own Blockchain
- Existing clients: BNP Paribas and P2Link.
- Won quite a few awards
- Took part in 4 accelerator programs
ICO Details
- Hard cap
- 30 million USD
- For private pre-sale, public pre-sale and ICO
- Dates
- Pre-sale: until March 16th 2018
- Main sale: March 17th - 31st 2018
- Bonuses (max bonus?)
- Early pre-sale: 35%
- Pre-sale: 5%
- Strategic supporters: 35%
- Token amounts
- 83,088,000 = total token supply
- 36,009,716 = tokens for sale (43.4%)
- Dates
- Token allocation
- Summary: 43.4% tokens are being sold (Pre-sale + Main Sale + Neo allocation + Strategic supporters).
- Token allocation in percents
- 33% - Presale & Token Sale
- 25% - B2B Premium Inventory
- 15.8% - B2C Growth Pool
- 8% - Team
- 7.7% - Advisors
- 5.4% - Neo Allocation
- 5% - Strategic Supporters
- 0.1% - Bounties
- Team tokens vested for 2 years.
- Bonus and advisors tokens not vested
- Banned countries
- US citizens and residents are only to participate if they are accredited investors.
- Citizens or residents of mainland China, Countries or regions comprehensively sanctioned by the US Office of Foreign Assets Control (OFAC) (including countries currently sanctioned by the OFAC such as Ukraine, Cuba, Iran, North Korea, Sudan and Syria).
Token trading & usage
- Token trading
- date tokens get distributed: March 31st, just after the token sale ends.
- date tokens hit exchanges
- exchanges planned to list the token
- date tokens get distributed: March 31st, just after the token sale ends.
- Token usage
- NEO Nep5 token
- Used to execute/run smart contracts on the platform
- PikcioChain is a platform/protocol so there will be many apps created on top of it, by the community, by clients and/or by Pikcio as a company. The first two apps which are about to be released are the KYC and TokenSaleWallet, but as clients connect & create their systems they can add their own use cases/utility.
- If paying a certain amount of PKC, or holding certain levels of PKC, users gain access to advanced features on the platform. For TokenSaleWallet:
- Access to exclusive token sales
- Access to higher bonus tiers
- Guaranteed allocations for chosen token sales
- Higher allocations for chosen token sales
- “Automated participation” feature enabled for chosen token sales
- Participate in voting rounds on future token sales
Team
- Summary: a solid team made of strong tech profiles, strong finance profiles and a couple
- Didier Collin De Casaubon - CEO & Co-Founder
- Summary: a well rounded and very experienced entrepreneur, "ability to build and drive teams, craft winning strategies, structure budgets, and implement flawless execution to significantly optimize business profitability and mind share”
- CEO & Founder @ MatchUpBox Inc
- VP, Commercial Relationship Manager @ Metro Credit Union
- Business Banking Relationship Manager @ Citizens Bank
- CEO & Founder @ Labeda, SA
- CEO & Founder @ NextValue Consulting
- Executive Vice-President, Publishing, Marketing and Development @ Index+
- SVP, Multimedia and Subsidiary Products @ Havas-Teleimages
- Founder, Managing Director of Larousse Multimedia @ Havas-Larousse
- CEO & Founder @ SIDIS
- Research Intern @ §CNRS
- Post-grad in Philosophy, a masters in Mathematics and an MBA
- https://www.linkedin.com/in/didiercc
- https://angel.co/didier-collin
- Fabien Bucamp - Co-Founder & CTO
- Summary: leading many IT projects at a very high level
- Co-Founder & CTO @ MatchUpBox Inc
- Manager of the R&D department @ Defense Ministry of France
- Manager of the Software and Electronic department @ Defense Ministry of France
- Project Manager @ Defense Ministry of France
- Engineer Telecommunication @ Defense Ministry of France
- Engineering diploma in Telecommunication, Network & Computer Science @ ESIEE Amiens (University)
- https://www.linkedin.com/in/fabien-bucamp-80a76825
- Dr. Jorick Lartigau, PhD - Co-Founder, Research
- Summary: a strong tech profile with education & work experience in China
- Researcher @ MatchUpBox Inc
- iOS application developer @ Heilongjiang branch of China Unicom system integration
- Web developer @ CNC, China Netcom Group System Integration Corp.
- PhD in Computer Science focused on data security and big data algorithms @ Harbin Institute of Technology
- https://www.linkedin.com/in/jorick-lartigau-43337198
- Cherie Arruda - Co-Founder, Plan & Audits
- Summary: 26 year career in financial services working at Bank of America Merrill Lynch
- Executive Vice President, Planning, Risk and Control Management @ MatchUpBox Inc
- Director, Business Controls Executive @ Bank of America
- Director, Strategy & Business Support Exec, Global Wealth Management (GWIM) Residential Real Estate @ Bank of America Merrill Lynch
- Director, Service Delivery and Client Experience Executive, GWIM Residential Real Estate @ Bank of America Merrill Lynch
- More roles... @ Bank of America Merrill Lynch & @ Fleet Boston Financial
- https://www.linkedin.com/in/cherie-arruda
- Alizon König - Software Developer
- Summary: a software developer
- Developer @ MatchUpBox Inc
- Masters in Computer Science @ Montpellier University (France)
- https://www.linkedin.com/in/alizon-k%C3%B6nig-319aab101
- Gonzague Grandval - Strategy
- Summary: expert in crypto, advisor in various ICOs
- Advisor @ MatchUpBox Inc
- Senior Advisor @ Eiffel Investment Group
- Co-Founder @ Paymium - Bitcoin & Blockchain Solutions
- Strategic Marketing Manager @ Orange - Telecommunications
- Business Manager - Payment Solutions @ Orange Business Services
- Post-graduate diploma in Economics @ Sorbonne (France)
- https://www.linkedin.com/in/gonzague-grandval-6948b93
- Jean-François Lienart - Chief Sales Officer
- Managing Director @ New Skill SA
- Note: not much to be found on his Linkedin nor anywhere else online
- https://www.linkedin.com/in/jean-francois-lienart-987634
- Delphine Benat-Rassat - Operations
- Summary: helps optimizing its administrative, HR and financial processes
- Operations @ MatchUpBox Inc
- Operations @ SNInvest_Groupe Biolux Medical
- Back Office Export Manager @ LYSA
- https://www.linkedin.com/in/dbenat
- Kelly Stafford - Community Manager
- Summary: 4 years in digital marketing
- Digital Marketer & Web Designer
- Digital Account Manager @ what.digital
- Founder and Co-Owner @ The Rose & Bean
- https://www.linkedin.com/in/kelly-stafford-a097a772
- Kirsten Morel - Content Manager
- Summary: a lot of experience in writing about tech and finance
- Director @ Edge Media
- Editor @ DQ Magazine
- PR Consultant & Copywriter @ Kirsten Morel
- Freelance writer @ BusinessLife.co
- Editor @ Technology Banker
- more positions…
- https://www.linkedin.com/in/kirstenmorel
Advisors
- Summary: an serious advisory team, most are based in Switzerland
- Joe Zhou
- CEO & Co-Founder @ FirstBlood
- CEO & Founder at Alt-Options LLC
- Alumni & ex-Resident at DCU FinTech Innovation Center
- https://www.linkedin.com/in/joeczhou
- https://www.crunchbase.com/person/chuhao-zhou
- Lidia Bolla
- Summary: co-founded of several startups in the field of crypto investments and machine learning applications
- CEO & Co-Founder @ Vision& - asset management for blockchain investments
- Co-Founder @ Jamie & I - virtual shopping assistant (AI)
- Managing Partner @ Algofin AG
- Associate Asset Management @ Swiss Re
- PhD in Finance
- https://www.linkedin.com/in/lidiabolla
- https://twitter.com/lidiabolla
- Thomas Galovic
- Founder of Crypto Investment Bank Technocracy Associates
- Associate at Deep Knowledge Ventures
- Assistant to Chief Investment Officer at IFC - International Finance Corporation
- https://www.linkedin.com/in/tomislav-thomas-galovic-48483751
- Luke Szkudlarek
- Digital Strategy Lead, Founding Partner at what.digital
- Digital Projects Lead, Director Business Development at Webrepublic AG
- Director of Digital Marketing at E-scape Interactive Limited
- https://www.linkedin.com/in/szkudlarek
- Mario Colombo
- Technical Lead at what.digital
- Senior Product Specialist at Webrepublic AG
- https://www.linkedin.com/in/mario-colombo
- Victor Chow
- Serial entrepreneur and senior corporate leader in venture capital, start-ups, telecommunications, ICT, financial and education technologies
- CEO & Managing Partner (ICO & Cryptocurrency) at Aristagora International
- Co-Founder & Global Chief Operating Officer (COO) at TiENPAY Limited | 天汇电子钱包
- https://www.linkedin.com/in/victorchowsingapore
Partners & Investors
- Partners
- Summary: strong partners from within and outside the crypto space
- NEO - "The Chinese Ethereum"
- Ernst & Young
- PwC
- CapGemini
- OnChain
- Blockchain consulting since 2014, the company behind NEO
- Ontology
- blockchain network which combines distributed identity verification, data exchange, data collaboration, procedure protocols, communities, attestation, and various industry-specific modules
- University of Montpellier, Praxiling and Epsylon lab (both parts of CNRS, the largest fundamental science agency in Europe) https://news.pikciochain.com/pikciochain-signs-key-partnership-with-french-government-3617a4640580
- Investors
- Jun 2014: Self funded, 750k USD by Didier Collin De Casaubon (CEO) and close friends
- 3 million USD from NEO as a strategic partner - contribution for tokens
- 6 million USD pre-ICO funding from private individuals, family offices and financial institutions - contribution for tokens
Online Presence
- Media coverage - niche & mainstream
- Summary: very limited media coverage in the mainstream medias but decent coverage in the crypto medias.
- The Merkle: https://themerkle.com/chinas-largest-cryptocurrency-neo-invests-almost-3m-in-the-pkcs-of-pikciochain
- The Blockchain: http://www.the-blockchain.com/2018/01/23/cryptocurrency-giant-neo-invests-3m-pikciochain
- The Tech Insider: https://thetechinsider.org/cryptocurrencies/pikciochain-ico-review-how-to-receive-more-for-your-data
- 2100News: https://www.2100news.com/2018/01/31/neo-chinas-largest-cryptocurrency-invests-almost-3m-pikciochain
- CrunchBase: https://www.crunchbase.com/organization/pickciochain
- Social media attention
- Telegram
- 4.2K members - https://t.me/joinchat/FnQXtxIUPkLYFKcSnD5JsA
- Twitter
- 4.2K followers - https://twitter.com/pikciochainpkc
- Reddit
- 150 readers - https://www.reddit.com/r/PikcioChain
- 14 readers - https://www.reddit.com/r/PikcioTokenSaleWallet
- Medium
- 542 followers - https://news.pikciochain.com
- Bitcointalk
- Telegram
Transparency
- Organization registration & jurisdiction
- MatchUpBox established with offices in France and the US.
- DePikcio AG is incorporated in Switzerland (Lausanne) since Nov 2017
* https://www.uid.admin.ch/Detail.aspx?uid_id=CHE-250.049.570&lang=en
- Open source or not
- No.
- No.
- Code audited or not
- Code audited by OnChain.
- Not sure if can be considered an audit since OnChain is developing the products with Pikcio
- Overall communication
- The team is extremely transparent when asked questions. The marketing is not very aggressive, the result is a low hype.
3rd party ICO reviews
- 4.1/5 https://icobench.com/ico/pikciochain
- 4.0/5 https://wiserico.com/ico/pikciochain
- 8/10 [https://icomarks.com/ico/pikciochain
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- Article written by Adrien Berthou - founder of ICO Points Analysis
Great post. Upvoted and resteemed.
Really in-depth overview of Pikciochain. ICOd well before this article was published. Keen to see it do well. All the best to you.