/ico-check

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

APPICS - Due diligence #90

Closed
fccbb opened this Issue Mar 6, 2018 · 3 comments

Comments

Assignees
No one assigned
Labels
Added to icocheck.io Background check Due diligence Multiple red flags No vesting schedule No working product Use of proceeds N/A Vesting schedule not codified Warning!
Projects
None yet
Milestone
No milestone
2 participants
@fccbb @icochecker
@fccbb

fccbb commented Mar 6, 2018 •
edited by icochecker

APPICS (XAP)

Team

appics-team-1
appics-team-2
appics-team-3
appics-team-4

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

Smart contract

appics-smart-contract

Github

  • N/A

appics-github

Product

No working product

appics-product-1
appics-product-2

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

Roadmap

appics-roadmap

Token distribution

appics-distribution

Token allocation

Use of proceeds not available ❗️❗️❗️

Q&A

screenshot 5

screenshot 6

screenshot 7

Flags

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

IcoCheck

@icochecker icochecker added Background check To add to icocheck.io To complete labels Mar 6, 2018

@icochecker icochecker changed the title from APPICS to APPICS - Background check Mar 6, 2018

@fccbb

This comment has been minimized.

Sign in to view

fccbb commented Mar 8, 2018

1 no vesting coded in the smart contract

2 I add a relevant information about APPICS and the differences with steemit
screenshot 11

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

@icochecker icochecker added Vesting schedule not codified No working product Investigation Due diligence No vesting schedule Use of proceeds N/A Multiple red flags and removed Investigation To complete labels Mar 8, 2018

@icochecker icochecker changed the title from APPICS - Background check to APPICS - Due diligence Mar 10, 2018

@icochecker icochecker added Added to icocheck.io and removed To add to icocheck.io labels Mar 10, 2018

@fccbb

This comment has been minimized.

Sign in to view

fccbb commented Mar 11, 2018 •
edited

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.
@fccbb

This comment has been minimized.

Sign in to view

fccbb commented Mar 15, 2018 •
edited

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)

@icochecker icochecker added the Warning! label Apr 3, 2018

@icochecker icochecker closed this Apr 28, 2018

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment