EON – Blockchain Game Platform. Review ICO EON

EON - Blockchain Game Platform. Review ICO EON
Token
EON token is the core of the EON ecosystem. It is designed with the economic incentive mechanism that rewards the behaviors helping to grow the EON platform. It will be used for payments on all digital assets sold with the EON platform. It will also offer friendly ways of buying EON tokens and a range of services to spend them on.
The distribution is as follows:
10% Team (4 year vesting)
10% Advisors (Up to 6 month lock up)
30% Private/Public Sale
30% Community Members(Gamers and Developers)
20% EON Foundation

Team
The EON Foundation has offices in Palo Alto, Beijing and Singapore. Six team members are listed, including three co-founders highlighted below.
Co-founder Aron Lyu is a Stanford grad who served one year as project lead for China company Bytedance (Topbuzz App). He also spent one year working for a big Chinese VC company, Morning.
Co-founder Tao HU has his Master’s from USC. He spent two years as Software Engineer for Oculus VR/Facebook. He co-founded InnoVision, a legit Chinese VR/AR company that’s been around two years now.
Co-founder Sunny Sun obtained his Master’s from USC in 2014. He also spent two years as a Software Engineer for Facebook and c-founded Innovision.
Three impressive advisors are highlighted below:

Verdict
The goal of the EON Ppatform is to revolutionize the traditional way of distributing games with blockchain technology.
The gaming market spans the entire globe. Gaming and blockchain go together like peas and carrots. Eon’s goal is to revolutionize the traditional way of distributing games.
With EON, all that revenue you see above goes to the developers and community, not “The Man.” Also, the platform changes the advertising game, providing a Game Discovery System that will save developers double-digit percentages in revenue.

Risks
The EON Foundation is made up of three members so far. Two of them are Founders of EON. This seems pretty centralized. -1
30% of the total supply will be used to incentivize gamers and developers. Although this is good for growing EON’s platform it’s still 650 million tokens being inflated into the market. -1
Thre is and will be a lot of competition. -1
This roadmap is vague and doesn’t provide many big news moments to bring attention and price gains to the project. -1

Growth Potential
The team has already delivered a popular crypto game called CryptoAlpaca, which supposedly has over 200,000 signups to date. +2
EON Foundation will buy back, and burn tokens when the platform reaches certain user milestones (i.e., 100,000 users).+2
According to a market research company, Newzoo, The gaming market is growing by 6% every year. +1
They will initially focus on blockchain games and indie games. But in the future, they will support PC and mobile games. +2
Partnerships with Merculet and WAX. Connections to EOS and Ethereum. +3

Disposition
This is a project with the potential for greatness. They are raising million and will have no problem getting that. Whether or not this team has the chops to succeed in this soon to be very competitive space remains to be seen. However, the use case alone is enough to make at least a small contribution if you are lucky enough to make the whitelist. 6/10

Investment Details
Platform: Ethereum. “And in the future, we’re also considering other advanced blockchain technologies, e.g EOS “
Total Supply: 2.1 billion
Hard Cap: million
Price: 1 EON = 0.0280USD (0.00004760ETH).
Website: http://eontoken.io/
Whitelist:
https://docs.google.com/forms/d/1LArlDPiufwcQVJCioWIAWUsIYWfUjZOzmESG3TBkCZQ/viewform?edit_requested=true#responses

Web: http://eontoken.io
Twitter: https://twitter.com/EonToken
Telegram: https://t.me/eontoken
Whitepaper http://eontoken.io/EON-Whitepaper.pdf

author:
usename: boahancock
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1597214

EON – Blockchain Game Platform. Review ICO EON