More review on Omnitude!!

Electronic commerce has a very simple definition: the supply of goods and services online, electronically. 

People like to go shopping. This is one of the most common leisure activities. Millions of people do it every day, and until a few decades ago, customers had to physically visit their nearest store to meet their spending needs. 

The advent of the Internet has heralded the arrival of a new era of shopping. You can go shopping from anywhere these days. All you need is a device with Internet access, and a credit card or an electronic purse.

And e-commerce is also a big deal. The industry was worth $ 1.86 billion. And it shows no sign of stopping. The value of eCommerce is expected to exceed $ 4.48 billion by 2021. 

But while the definition and concept for the e-commerce industry may be simple, if we look under the hood however, eCommerce is everything except simple. 

The industry includes a wide range of technologies and professional disciplines such as supply chain, marketing, warehousing, etc., all for one purpose: to deliver the article or customer service the most quickly possible. 

This complexity in the e-commerce landscape means that



Omnitude is a brand new ICO that specifically aims to achieve this goal. Its value proposition is based on the use of blockchain technology as an intermediary for connecting e-commerce platforms and enterprise systems. 




This piece is an analysis of the data available on the OIC Omnitude. It should not be interpreted as advice or recommendation. While country offices have quickly become a popular tool for financing projects and start-ups, they can also be very risky for token buyers.

In addition, IFAs currently have an unclear legal and financial status. Token buyers may find that their purchase does not offer them any security or fairness because the ICO is closer to a crowdfunding initiative than a traditional IPO. As such, any investor who plans to purchase tokens at any OIC must obtain all relevant independent advice and perform its own due diligence.

Omnitude: Middleware services based on blockchain technology

The underlying complexity of the e-commerce ecosystem calls for simplification of the industry. 

There is currently a myriad of independent e-commerce platforms built on different technologies, which means that these platforms pose integration problems. 

Omnitude provides a middleware solution to the challenges of e-commerce, including the seamless integration of various enterprise platforms and systems, as well as fraud prevention services, all based on the blockchain.

Omnitude's Supply Chain solution will track individual items or tagged shipments with IDs as they move along the #supplychain. Check out more features here: http://omnitude.tech/ #blockchain #omnitude #commerce #startup 


According to its website, "Omnitude is a smart blockchain platform that connects blockchain technologies, trading platforms electronics and enterprise systems involved in building end-to-end supply chains.

Omnitude in numbers and highlights

Name of the ECOM token

Total chips produced - 100,000,000

Value of the token (pre-sale) - 1 ECOM = $ 0.40

Token value (ICO) - 1 ECOM = $ 0.46

Rigid cap - $ 23M (50m ECOM)

ICO start date - 1st quarter 2018

ICO end date - to be determined

The Omnitude token

As with any other ICO, the company will issue its own currency, the Omnitude Token (ECOM). 

Merchants will use the ECOM token to make payments to other platform users, while customers can use it as an alternative to the fiduciary currency.

Once created, the ECOM token will be distributed as follows:

Team and Consultants - 12%

Investors before the sale - 5%

Sale of Investor Tokens - 50%

Omnitude Foundation - 33%

The team

See picture on Twitter

See picture on Twitter

The Omnitude website features a core team of 8 people, plus 4 advisers, including a blockchain mob. 

The team itself includes many management and leadership roles, with one person listed as a "blockchain expert". This raises the question of who actually does the work in this ICO. 

There is no link to a LinkedIn profile, so it is not possible to independently verify the team's claims regarding past expertise.

Presence in social media and fingerprint

A strong presence on social media is usually a good indicator of a company's popularity, although it is not the only factor that determines success. 

Here are the numbers for Omnitude at the time of writing (January 2018).

Twitter - 218 followers

Facebook - 141 followers

LinkedIn - 21 followers

Telegram - 207 subscribers

These numbers are not particularly remarkable, but this does not in itself indicate success or failure, but simply emphasizes the need to work more on the part of ICO. 

The global reach through social media requires a lot of work, so Omnitude's team of directors has a lot of work if they intend to achieve success.

Competition

E-commerce is a rather popular choice for IFAs, it seems, and Omnitude will not be alone in the field by any means. 


KEYRPTO, EiraCube, JWC Ventures and a few others will be in direct competition with Omnitude, so the fight for dominance will be fierce. 

Omnitude's lack of substantial presence on social media can undermine its chances for long-term success.

Quality and layout of the site

The ICO website is the first point of contact for all potential investors, and if the site is not attractive enough they will go ahead and forget about your proposal, no matter how good or viable it may be. It is therefore imperative to design a good website, to make a strong and lasting first impression. 

The Omnitude website is simple but elegant. It displays all the necessary information in a clear and concise way, with a nice color scheme. 

The site has only four pages (Home, About, How it works, and Team), but all the information is there. The page is secure and easy to navigate. 

Overall, the Omnitude site is rated "Good".

White paper

A well-designed, informative and comprehensive white paper is a must for any ICO, if they are to be taken seriously. Documentation is sometimes considered as an afterthought, leaving many companies open to criticism. 

The Omnitude white paper comes in two flavors: technical and non-technical. They are actually two separate documents, which is a good idea. Many other ICOs simply filled out their white paper with a lot of technical jargon just to fill it, turning the document into a boring and unreadable mess. 

In this case, there is an intelligent and welcome separation of the two types, and congratulations to Omnitude for that.

The non-technical document itself is brief but complete, providing all the required information in a clear and easy-to-read way. 

The technical white paper follows the same format. This is a good technical document that clearly explains the technology behind the Omnitude proposal. 

The separation of the two documents allows Omnitude to gain a lot of positive points. Overall, the white papers of this ICO are considered "good".

Conclusion

The shopping will never be out of date. People like to spend money to get things, whether online or offline. 

It goes without saying that all ICOs working on the e-commerce ecosystem have a good chance of succeeding if their value proposition is unique and solid. 

As mentioned above, there are currently many ICOs offering e-commerce and supply chain services, so it will be a difficult struggle for dominance. 

We will return to Omnitude's progress in due course.

WEBSITE   |  ANN THREAD   |  WHITEPAPER   |  TWITTER  |  TELEGRAM  |  REDDIT  | LINKEDIN