WatermelonBlock

Idea & Token

When you make an investment, you generally preliminarily look through opinions and thoughts of analysts and other investors on different Internet platforms. WatermelonBlock is going to simplify this process for you. It will use an AI-based engine running on the IBM Watson supercomputer to collect and analyze big data from social media platforms like Reddit, Steemit, Facebook, Google, Instagram, Twitter, and others to generate a sentiment analysis about this or that ICO project. Placing the importance of information sharing and usability first, WatermelonBlock is also an iOS and Android free mobile app (release is in Q4 2018) giving you an indication of the cryptomarket opinions 24/7.
Their ERC-20 token called WMB will be issued in the amount of 400 million tokens. The token distribution is as follows: 60% – sale, 20% – team, 10% – seed investors, 10% – reserve.

Team

The team consists of 18 specialists from different spheres including business development, blockchain developmet, finance, NEM blockchain (the one the project is based on), cryptocurrency, PR, marketing, data science, and two IBM Watson experts. The team is led by Elliot Rothfield, designer, web developer and startuper, the “leading force” behind the project.

Summary

An excellent idea of a platform useful for both new and experienced crypto investors that generates the sentiment analysis around the most popular ICO projects across different social media platforms on the Internet. The AI-based engine and access to IBM supercomputer show the approach is really serious. The team also deserves your trust. What we see a bit weird in the project is the token based on Ethereum and the product based on the NEM blockchain. We have doubts the two-blockchain system will work perfectly. Plus the mobile app release is planned only to the end of the year. Anyway we do like the project.

A good idea of an assistant for ICO investors seeking for a balanced opinion and feelings about an ICO across popular platforms.