DEVELOPEO REVIEW

DEVELOPEO REVIEW

  • Developeo is a multi-business blockchain backed company focused primarily on EdTech, FinTech, and BankTech. It aims to be a pioneer in education and career transformation/training creating most specialized professionals while helping governments, companies and future technologies’ in growth & innovation.
  • The  Developeo  platform  seeks  to  solve  all  the  problems  of  the 4th Industrial evolution,  OpenSource & Commercial Software Development and problems that await Humanity, with a never-before-seen reward pool and a highly beneficial revenue model along with ambitious targets; such as DEVX BootCamps, DEVX Certification, DEVX Marketplace, DEVX Advisory Services and finally the Developeo University.

 

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IDEA:

  • Developeo’s platform allows the open –source community a simple login using their Github account. The decentralized platform will be driven by both software developers and project managers who will oversee the software development and have a heavier influence on evaluating the quality of code committed.
  • Along with the 4th Industrial Revolution, many needs will arise for the humanity. The world will be divided into two: those who adapt themselves to new technological breakthroughs such as AI, Blockchain, Data Science and those who cannot. As a result of this revolution, the need for people who have comprehensive knowledge in software and new technologies will multiply. All of the current professions will also have to learn about coding and AI. In case they fail to do so, they will lose their jobs.
  • Their aim is to create a large developer/potential developer userbase with Developeo’s reward system and then feed both Developeo and this userbase with the models we establish.

PROTOTYPE PRODUCT: No MVP available.

WHITEPAPER HIGHLIGHTS:

  • The Developeo platform seeks to solve all the problems of the 4th Industrial Revolution, Open Source & Commercial Software Development and problems that await Humanity, with a never-before-seen reward pool and a highly beneficial revenue model along with ambitious targets.
  • Developeo will have 5 main revenue streams; Bootcamps, Marketplace, Certification, Advisory Services and DEVELOPEO UNIVERSITY
  • Developeo’s platform, allows the open –source community a simple login using their Github account. The decentralized platform will be driven by both software developers and project managers who will oversee the software development and have a heavier influence on evaluating the quality of code committed.

Decentralized Voting System 

  • The Developeo Voting Guidelines outline 3 main factors to be considered for voting:
    • Quality of the Code
  • Importance of the contribution to the project
  • Community Value (Has the developer contributed to a project before and what is his/her track record) The decentralized voting system allows for an objective, community-driven approach to distribute rewards. Voting is done over a defined period (1 month) after which the rewards in the form of DEVX tokens are distributed to the deserved members.
  • Rewards:
  • Rewards are distributed at the end of each month by a voting system we call “decentralized voting system” that is similar to reddit.
  • The initial number of reward tokens, which is starting with 60,000,000 DEVX Tokens, will grow with every takeback and reach to 100,000,000 USD level thanks to Developeo’s policy on revenue share by the revenue models and its great economic planning that results in continuous take back 
  • How it works:
  • Developeo’s platform, allows the open –source community a simple login using their Github account. The decentralized platform will be driven by both software developersprojectmanagers who will oversee the software development and have a heavier influence on evaluating the quality of code committed.  
  • Developeo Revenue Models 
  • DEVX Bootcamps
  • DEVELOPEO Marketplace
  • DEVELOPEO Certified
  • DEVELOPEO UNIVERSITY
  • Target Customer Segments 

The business model of Developeo will revolve around targeting the following niches in the tech industry:

  • Software Development
  • Digital Expertise
  • NEXT-GEN Bootcamps
  • NEXT-GEN Education (AI, BLOCKCHAIN, DATA SCIENCE, CODING, IOT, DATA ARTS)
  • Certification
  • Advisory Services

The DEVX token

  • Developeo will operate its native ERC20 token, which will go by the symbol DEVX. The token will be a utility token, which means its purpose goes much deeper than speculation on exchanges.

 

HYPE:

  • 24K + telegram users, 64K followers on Facebook and 30K Twitter followers.
  • 3.8 ratings on ICO bench.

 

LONG TERM:

  • Developeo plans to create their own blockchain with a new smart contract system for managing the learning/admissions process.
  • This blockchain will be integrated with future banking systems. PSD2 Banking and API Banking will be the future of banking systems expected to be implemented during 2018 and Developeo plans to create a One-Click-Student-Loans for its platforms; (either in Fiat or DEVX Tokens) all handled within DEVX platform.

 

Experts Review:

“Team is great .Vision is also good. Advisory board have lots of experience .Waiting for MVP” Mofassair Hossain  CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert.

“I am less bullish on this one than most. This is all over the place. You are trying to do way too much here. Rather than save the world from it’s collapse from the fourth industrial revolution you need to focus. You will end up doing a shitty job on a lot of things rather than a really good job on one thing. Pick one apple from the tree instead of filling up a basket which will end up with rotten apples. I don’t believe the team has the right background or skills to make this happen. The CEO has no experience with or in the Open Source community according to his Linkedin profile. There’s some good names on advisory – but that’s window dressing. I have read the whitepaper end to end and googled – doing my due diligence.”  Richard Kastelein ICO Advisor, 40+ ICOs, Editor-at-Large Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group

 

Other insights:

  • Developeo is both on-campus and online. They are currently focused more onto their on-campus models like Verified so that they can get big name partnership like AXA. So they have a MVP sending to them, but it is for physical programs. They are now developing their online platform too with the integration to OpenEdx.
  • Just from 1 bootcamp and 100 students they are sending 1,300,000 USD of demand to market. They are issuing a discount of 20% if it is paid with DEVX. It means, they have real utility case and they have a demand for the token.

 

TOKEN METRICS:

Token DEVX
Pre – Sale Price 1 DEVX = 0.20 USD
Price in ICO 1 DEVX = 0.4 USD
Country UK
Platform Ethereum

Website https://www.developeo.com/
Whitelist/KYC KYC
Restricted Areas USA
Pre – Sale 11th Apr 2018 to 26th May 2018
Public-Sale 06th Aug 2018 to 06th Aug 2018
Tokens for Sale: 120,000,000 DEVX(Subject to change as new whitepaper to be released)
Soft Cap 50,000,000 USD
Hard Cap 480,000,000 DEVX
Token Supply Breakdown 120M Token Breakdown:
20 million tokens Founders
60 million tokens Rewards + Reserve
20 million tokens = Extra layer of protection against market speculation
15 million tokens = Bounty
5 million tokens = Team
Bonus PREICO: 0.15$ to 0.25$ (25 JUNE 2018)
ICO: 0.30$ to 0.40$ (06 AUGUST2018)

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