ICO Review: shelterdao’s Shel Mosaic Token
The ShelterDAO project seeks to create a decentralized global community of cryptocurrency fans and enthusiasts through the Landstead platform & NEM blockchain. Its goal is to build 3D printed crypto communities and crypto friendly vacation destinations around the world. There is an element of nomadism in the crypto community and a lot of pioneers are traveling the world to attend conferences, attend meet-ups and attend team meetings due to the global collaborations. Therefore there has cropped up a unique need for cryptocurrency pioneers to get appropriate travel destinations, hotel rooms or Airbnb and several similar services. ShelterDAO wants to create a global community where such individuals can collaborate with other community members to secure such services from like-minded people in the city destination where the individual would like to visit. The ShelterDAO is proposing to create a platform that will encourage the formation of crypto hubs that will improve transactions within the crypt community everywhere in the world.
ShelterDAO is a decentralized autonomous organization run on the NEM blockchain. The project is aimed at allowing its users to access properties and other amenities such as dwellings, food, entertainment, and lodging. Registered members will be able to book dwellings and make payments through ShelterDAO’s native token the Shel Mosaic Token (SMT). However, NEM’s native token XEM is also allowed as an alternative currency on the platform. The tokens will be tradable on major exchanges but will only have utility within the ShelterDAO ecosystem.
On top of this platform, the project will have also designed a wallet to be used exclusively for the ShelterDAO ecosystem. Users of the platform will be able to access and purchase merchant products and services while payments are made automatically through the application with the help of smart contracts. The application is available through the AppStore and the Play Store.
Benefits of ShelterDAO Project
The main benefit of embracing the project is that the platform will be able to connect like-minded individuals across the globe. Token holders will have a common uniting factor and they will be able to network and hopefully create great products together.
Another benefit is the discounts and deals made by merchants utilizing the platform. The products and services offered in the dwellings listed will be subject to discounts for SMT token holders.
Conservation of the environment – another eco-friendly feature that ShelterDAO wishes to implement is the use of 3D printing technology to create some of the products available on the ecosystem such as dwellings and other community elements.
Faster and secure transactions – using the ShelterDAO mobile application, transactions will be securely sent and confirmed. Also, the NEM blockchain has been tested and found to be more scalable than the leading blockchains which means that transactions will be confirmed faster.
TOKEN SYMBOL: SHEL
Token protocol: Mosaic
Hard cap: 133,333,333 XEM
Soft cap: 20,000,000 XEM
75% Distributed to Community
13% Reserved Funding
9% Founders & Team
1% Bounty Campaign
Alberto Molina Delgadillo (Developer & Co-Founder) - https://www.linkedin.com/in/alberto-molina-thinklifestyle/
Jessica Measom (Head of social impact affairs & Co-Founder) - https://www.linkedin.com/in/jessica-measom-71a88644/
Carlos Tarango Sandoval (Head of technical operations) - https://www.linkedin.com/in/carlos-tarango-7b4a2688
Holly Adams (Marketing & community manager) - https://www.linkedin.com/in/holly-adams-9829a316/
Anthony Joseph (Head of partnership & strategic alliance) - https://www.linkedin.com/in/tony-joseph-4a0a5778/
Allan Vernon (Software integration advisor) - https://www.linkedin.com/in/allan-measom-b9ba11104/
Not a whole lot of projects based on NEM blockchain and not that many like ShelterDAO. It is a solid project with a capable team. Social media activity is less than desirable but the ICO goal is achievable with a little marketing push.