APPICS - Due diligence

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APPICS (XAP)

Team

Tony Winchester Sarpong (Founder & CEO) - Aug 2016 - Present | Linkedin | Instagram | Twitter | Steemit | Youtube

• WeCare4U | Founder & CEO - Month? 2013 - Present

Uma Hagenguth (Co-founder & COO) - Aug 2016 - Present | Linkedin

• WeCare4U | COO & Consultant - Month? 2014 - Present
• Self-employed | CEO - Month? 2014 - Present

Sandro Ieva (Founder & CBO) - Oct 2016 - Present | Linkedin

• Globio UG | Creative Director - Oct 2015 - Present
• Parrot Media GmbH | Art Director - Aug 2015 - Present
• Expanse.Tech | Creative Art-Director - Jul 2016 - Sep 2017

Esko Voss (Media & Communications Manager) - Jul 2017 - Present | Linkedin

• Capcorp | Manager Talentakquise - Nov 2016 - Present
• KK Productions | CEO - Apr 2014 - Present

Josephine Tögemann (Chief Administrative Officer) - Aug 2016 - Present | Linkedin

• WeCare4U | Digital Marketing Manager - Month? 2014 - Present

Christian Heusinger (CTO) - Oct 2017 - Present | Linkedin

• SpiritOfLogic GmbH | CEO - Aug 2008 - Present
• Gerlent UG | Co-founder - Month? 2016 - Present
• Intellimo UG | Co-founder - Month? 2016 - Present
• HAVIK UG | Co-founder - Month? 2016 - Present
• Porsche | Internship - Sep 2007 - Feb 2008

Felix Sander (Marketing Administration) - Sep 2017 - Present | Linkedin

Lisa Dang (Social Media Asistant) - Jan 2017 - Present | Linkedin

Selena Saignasith (Social Media Asistant) - Feb 1998?? - Present | Linkedin

Team members with no mention of Appics in their Linkedin profiles:

Tim Fiedler (Blockchain integration) - Oct 2016 - Present | Linkedin does profile not mention APPICS | Github

• Tim Fielder | Freelancer - Jan 2006 - Present
• CEWE Stiftung & Co. KGaA | Freelancer Software Enginer - Apr 2017 - Jan 2018
• Nachtblau.tv | Freelancer - Feb 2016 - Apr 2017
• ABOUT YOU GmbH | Freelancer - Jun 2015 - Nov 2015
• AirBerlin | Freelancer - Mar 2015 - Jun 2015

Jürgen Simon (Lead Backend Programmer) - Oct 2016 - Present | Linkedin does profile not mention APPICS

Jörg Birkhold (Lead Frontend Programmer) - Oct 2016 - Present | Linkedin does profile not mention APPICS

Advisors

Ned Scott (Advisor) - CEO of Steemit | Linkedin

Bernd Lapp (Advisor) | Linkedin

Jedidiah Taylor (Advisor) - CEO of Decent.bet | Linkedin

Company

APPICS AG

Baarerstrasse 10
6302 Zug
Switzerland
Registered on: 02 Feb 2018
UID: CHE-382.911.412
Commercial register number: CH-170.3.042.087-5

Director

• Bernd Lapp (APPICS Advisor) | Linkedin
• Tony Sarpong => (Tony Winchester)

Source

• CHE-382.911.412.pdf
• Commercial register of canton Zug

Smart contract

• Contract on github
• Deployed - See on etherscan

Github

• N/A

Product

No working product

We have a mockup version for demonstration pruposes and an alpha test version will be released for internal testing in april

Vesting

• Vesting schedule for team and advisors N/A.
• Team and advisors tokens not codified.

Additional info

Appics on web archive

• Web archive - 10 Mar 2018

Roadmap

Token distribution

Token allocation

Use of proceeds not available ❗️❗️❗️

Q&A

Flags

Real Team: ✅
GitHub: ❌
Smart Contract: ✅
Working Product: ❌
+2 yr Vesting for team: ❌ N/A. Not codified
Have a company: ✅
Transparent: -

IcoCheck

• Added to icocheck.io
• Discuss this project and others on ICO Check Telegram Group chat https://t.me/checkico

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1 no vesting coded in the smart contract

2 I add a relevant information about APPICS and the differences with steemit

3 APPICS is a SMT based APP. Smart Media Token is a steemit inc project not released yet, so APPICS schedule depends on when steemit inc will release SMT which is not sure somewhere in 2018

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I've run mythril on their contract here is the output:

% myth --truffle
Analysis result for SafeMath: No issues found.
Analysis result for AppicsICO: No issues found.
Analysis result for AppicsToken: No issues found.

Mythril is a security analysis tool for Ethereum smart contracts.

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I ran oyente on their smart contract here is the output: https://justpaste.it/1ibyj

INFO:symExec: Transaction-Ordering Dependence (TOD): True
NFO:symExec:Flow1
ICO.sol:546:9: Warning: Transaction-Ordering Dependency.
Company.transfer(this.balance)