Beercoin

The Beer-Based Cryptocurrency
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We are the Bavarian start-up that created the first and only beer-based cryptocurrency based on Ethereum. To mine a Beercoin you will have to download our app, drink a nice cold beer and scan the bottle cap. Beercoins can be sent to friends, donated to charity, or simply used to buy more beer. The most charming part about the Beercoin is that you have beer-based money. While this being an interesting idea in it self, the beer market in the western part of the world is currently decreasing in volume, while new breweries are popping up every day. We want to offer breweries a modern solution to fight for the dwindling market share. Our token has been checked by the German Federal Financial Supervisory Authority and the token itself and the ICO has been found compliant with German law.

  • Project Rating:
    3.09
    Rating Сoefficient Original Score
    icobench 0.866 3.2 3.2
    icomarks 0.134 4.8 2.4
    icorating 0 NA 0
    Ranks
    2.5
    team
    3.1
    vision
    2.8
    product
    4.3
    profile
    VAKEESAN MAHALINGAM
    ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant
    May 17, 2018
    Core team does not have much blockchain experience. Product and vision are viable but seem country or community specific and really only apply to beer oriented countries with large amounts of microbreweries. WP is missing the marketing strategy which will be KEY to the success of this project. The revenue model needs improvement as getting stores and bars (outside of your local German market) will prove to be very difficult. You should target all German bars and breweries across the globe initially to try to gain traction with beer lovers, this may help you gain exposure in a lot of different countries by just targeting German beer focused bars at the start. Token metrics make sense. This is a niche that could be successful with beer lovers but building a community, attracting partners, and marketing will be key. good luck! If you are looking for advisor to help you with the project, let me know. ;)
    2
    team
    3
    vision
    3
    product
    7%
    WEIGHT
    Mofassair Hossain
    CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
    May 17, 2018
    Core team have lack of experience in blockchain technology. I don't think there is a unique use of Blockchain technology...... I am sorry to say I don't think it can bring ROI to investors......
    3
    team
    3
    vision
    3
    product
    9%
    WEIGHT
    Clayton "CJ" Jacobs 柯西杰
    Technical PM | Asia Tech | Ex-ReadWrite Editor in Chief
    May 18, 2018
    I have several concerns regarding this project. The core team is either about to be or just have graduated from university. Age is not the issue, especially in the blockchain industry, but according to their public LinkedIn pages, only 1 of the 3 core team members have actual work experience of any kind. For a blockchain product that is based entirely on utility, to have no core members with business experience seems like a risky place to start. Then in terms of the blockchain design, there is no need for blockchain to be used for this project at all. Rewards systems like this have been around for decades and digitized more recently. Even Coca-Cola operated a product nearly identical to this several years ago requiring unique codes per bottle and everything. But, on the positive side, the ICO sale as well as the Founder's stakes in the coins overall are much more generous than greedy in comparison with many other current projects. If this team approached me with this product idea and with breweries already signed up for a test run I would be interested because this is a proven loyalty model. But for the project as it is leaves me with many concerns regarding the team, use of blockchain (likely just for the ability to ICO), and lack of industry partnerships able to realize this project. I cannot recommend this project for investment.
    2
    team
    3
    vision
    2
    product
    5%
    WEIGHT
    Tobias Schulz
    Investment Manager, Pre-ICO Venture Capital Investor, ICO Advisor
    May 18, 2018
    Looks like nonesense at first sight, but I really believe that this can become a trend and will bring many people closer to using crypto coins. There might be some shortcomings regarding the technological conception of the business case. I am not sure if transaction costs are well enough reflected in the business case. Nice Vision, though far from being a revolutionary idea.
    2
    team
    5
    vision
    3
    product
    7%
    WEIGHT
    Paul Mears
    ICO investor, cryto trader
    May 20, 2018
    I actually quite like this as a concept and can see engagement. NOt sure if the production codes of tops will blow it up though , but its a neat way of getting traction and maybe might be a great partner for another ICO
    3
    team
    4
    vision
    4
    product
    10%
    WEIGHT
    Mohit Tater
    Blockchain & ICO Advisor, Investor, Serial Entrepreneur
    Jun 7, 2018
    I would say there is no need to use blockchain technology for this product as it can be easily accomplished using normal web technology. So I think there might be not much use of it.
    3
    team
    3
    vision
    3
    product
    10%
    WEIGHT
    Jan Schets
    ICO advisor | CIO | Blockchain Consultant | Early Crypto Investor
    Aug 9, 2018
    This seems like a quirky and fun project. It puts crypto in the hands of people who might otherwise not come into contact with it directly. I think it could really catch on in certain regions. Aiming for a stable coin is one of the hardest things to achieve, so that might become an issue in the long run. Team could use a bit strengthening as well. Especially in the marketing department. It will take some effort to get breweries and bars onboard with this idea.
    3
    team
    4
    vision
    4
    product
    7%
    WEIGHT
    Karnika Yashwant
    ICO Marketing Expert | Launch Strategist | Global Branding and Fundraising Master
    Aug 10, 2018
    Team does not have blockchain experience. Adding a +1 for KYC. The vision and product just does not make sense. Why does this need blockchain? What data are you saving in blockchain here? People earn tokens to give away to others and charity? The motivation factor is low. Its ad-revenue based model. I find this as an ICO that will having big time trouble in justifying ROI unless the business model is improved.
    2
    team
    1
    vision
    1
    product
    10%
    WEIGHT
    Danny Montaner
    ICO Advisor | World Champion Gamer | Esports Award Winner + NA Player of Decade | Management and Consultant
    Aug 19, 2018
    Lack of team experience mixed with little to no use product on blockchain doesn't seem like a good idea. Unique ideas don't get extra points unless they make sense and this doesn't.
    2
    team
    2
    vision
    2
    product
    4%
    WEIGHT
    Krishnendu Chatterjee Ph.D.
    Blockchain Enthusiast| ICO Framework Strategist| Whitepaper| Tokenization| BD| Technical- Market Analyst
    Sep 1, 2018
    White paper - The white paper is simple and resembles an essay on the introduction of token economy in the beer industry. It neither describes the needs for blockchain implementation nor the future business model. This makes it a big risk for investors Team - The team composition doesn’t contain experienced blockchain engineers or experts and mostly they are happy explaining their interests in the kinds of beer they like. Seriously, investors don’t wanna hear what you like but how could you solve an issue and make the product successful (which is lacking!). Tokenomics - The tokenomics is easy to understand including the mining part but then why implement blockchain??? A normal token would be enough! Clarification? Business Model - The business model is easy to understand initially but since these coins are minable. What happens when all of the coins run out as the code once printed wouldn’t be utilized again? They have taken a 10 year period into account for this calculation which means they are not very serious about long term goals. The investors have no idea what they are investing in and why? MVP/ DApp/ Working Product  - The company has a working application. But, no partnerships mentioned with any micro-breweries or established breweries, which is a big cause of concern.
    2
    team
    3
    vision
    3
    product
    6%
    WEIGHT
    Benchy
    ICO Analyzer Bot
    Oct 18, 2018
    0
    team
    0
    vision
    0
    product
    25%
    WEIGHT
    Ranks
    6.2
    ICO PROFILE
    7
    SOCIAL ACTIVITY
    1
    TEAM PROOF
    2
    WEBSITE
    Ranks
    NA
    Investment rating
    Medium
    Hype score
    NA
    Risk score
  • About Beercoin

    Our goal is quite straight forward: We want to create the beer-based cryptocurrency. The beer market is a billion-dollar industry which has not seen many innovations in recent years and is currently decreasing in volume in many parts of the world. While the consumer base is shrinking a lot of new competition, in form of craft beer breweries, is trying to find a solid foothold in the market. With our project we want to offer breweries a way to fight for their market share with the pinnacle of modern technology. Participating breweries can offer their consumers a beer which not only tastes great, but enables the consumer to mine a cryptocurrency with it. To help our Beercoin cryptocurrency taking off, we provide an interface to not only donate to charity, but also use Beercoins to buy more beer. Besides breweries, bars and stores can participate in our project as well and consumers can therefore mine and spend Beercoins at their local favorite places.

  • Token info

    Token
    BCBC
    Platform
    Ethereum
    Type
    ERC20
    Price in ICO
    1 BCBC = 0.000012 ETH
    Bonus
    Presale: 50%, 40%, 30%, 20% according to the Whitelist position
    Token Sale: 20%, 0%
    Token for sale
    3 874 000 000

    Investment info

    Accepting
    ETH
    Distributed in ICO
    5%
    Soft cap
    8 000 000 BCBC
    Hard cap
    3 874 000 000 BCBC
  • November 2017
    Formation of the company Beerchain Technology UG (haftungsbeschränkt).
    December 2017
    Contract development
    .
    January 2018
    Airdrop.
    February 2018
    App design and development.
    March 2018
    Concept video shooting and publishing.
    April 2018
    Legal preparations for ICO according to German law.
    May 2018
    Initial coin offering with preceding Airdrop.
    June 2018
    Investment planning and staff acquisition.
    July 2018
    Infrastructure development
    .
    August 2018
    Testing.
    September 2018
    Entry coin offering and market entry.
    October 2018
    Expansion planning.
  • 3.2
  • 2.4
  • 0
More
  • Token:
    BCBC
  • Price:
    1 BCBC = 0.000012 ETH
  • Buy with:
    ETH
  • Platform:
    Ethereum
  • KYC:
    No
  • Location:
    Germany
  • Can't join:
    USA, China
  • ICO Start:
    May 18, 2018
  • ICO End:
    June 30, 2018
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