Odyssey (OCN) Review & Analysis – Odyssey ICO Review

Odyssey

The Futures Of Decentralized Sharing Economies

ERC20 Token

Odyssey’s mission is to build the next-generation decentralized sharing economy & peer-to-peer ecosystem. Odyssey aims to reduce overall operating cost, increase marketplace efficiency and boost roi of product & service providers in the global sharing economy & peer-to-peer ecosystem. Using blockchain smart contract as well as ai and big data, odyssey will empower the ecosystem revolution

When the native blockchain is online, OCOIN is designed to be used as virtual crypto “fuel” for using certain designed functions on ODYSSEY (such as executing transactions and running the distributed applications on ODYSSEY), providing the economic incentives which will be consumed to encourage participants to contribute and maintain the ecosystem on ODYSSEY.

“The odyssey protocol foundation limited is set up with the approval of the accounting and corporate regulatory authority (acra) and under supervision and regulation of the company law of singapore. It is run by the board of trustees or the board of governors formed by eligible trustees for independent management and operation, which is also independent from the government’s administration.”

Exchanges

Positives

Strong Board of Advisors Including Tron‘s Justin Sun. We Have Seen How Justin Sun Can Communicate a Product and Market to a Large Target Audience. We Expect to See Odyssey Follow a Similar Path in Regards to Social Media Popularity.
OCN Is Available on the Obike Platform Currently in Use in 17+ Major Countries at Time of Writing (April 2018). A Partnership like This Offers Investors a Bit of Reassurance That Odyssey Is on the Right Track. With Such a New Project, Partnerships like This Are Great to See so Quickly out of Their ICO
OCN Token Supply Is Great Considering Application. Inflation Shouldn’t Be an Issue for the Foreseeable Future.
Plenty of Press Releases & Blog Updates Covering Development & Implementations. We’re Constantly Seeing Odyssey Update Their “News” Page Every Few Days. Communication on Development News Is Extremely Important for a Project in It’s Very Early Stages. Great to See.
Roadmap Extends out to 2021 Although It’s Quite Vague with the Goal/Milestone Descriptions. Great to See the Team Are Addressing Long Term Goals as Well as Short Term Goals like the Recent Integration with Applications Such as Obike.

Concerns

At Time of Writing (April 2018) Odysseys Website Is Very Bland and Not Great for Research Purposes. The Majority of the Research Content Available, Including the Whitepaper, Will Go over the Heads of Most Investors. The Platform Is Extremely Ambitious and as a Result There Is a Huge Amount of Technical Jargon Used. Not a Huge Concern for Odyssey, Just a Potential Barrier Investors May Run Into.
No Technical Team Featured on the Website, Only Advisory Board. Very Hard to Trust/Invest in a Project This Early into Development Without a Team Page. The Team Is Featured in the Whitepaper on Page 48 but It’d Be Great to See This Information Easily Accessible on the Website, Too.
Divided Opinions Across Social Media Networks. Odyssey Hasn’t Communicated Well with Investors to Solidify Trust as of Yet. A Lot of Investors Are Currently Trading with a Huge Amount of Volume on the Available Exchanges. Right Now OCN Is a Speculative Investment Only Due to the Early Stage of Development That the Project Is Currently In.