Dorado

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Ico logo dorado.jpg Robots. Drones. Artificial Intelligence.
Rating 3.5
Team Vision Product
3.9 3.7 3.3


Summary[edit]

Dorado is based on the MVP - commercially available food delivery platform - Foodout, which is already operating in 6 countries.

Token DOR
Price 1 ETH = 6,667 DOR
Bonus Available
Platform Ethereum
Type ERC20
Accepting ETH
Distributed in ICO 51%
Soft cap 3000000 USD
Hard cap 76,500 ETH
Tokens for sale 0
Country Switzerland
preICO start preICO end ICO start ICO end
n/a n/a 2018-02-07 00:00:00 2018-05-16 00:00:00


About[edit]

Dorado's plan is to go beyond the food delivery, to innovate, to go global, to deliver anything customer wants, thus rebranding from “Foodout” to “Dorado” happened.

Dorado will transform the way goods move around cities by enabling anyone to have anything delivered on-demand. Our revolutionary HyperLocal Logistics platform on blockchain connects customers with local couriers who can deliver anything from any store or restaurant in a minute.

Since we started Foodout, an MVP of Dorado, we have been continuously transforming the way people order stuff. Combining its latest innovations in Artificial Intelligence driven chat-bot technology, deliveries by drone and robots with current Foodout’s infrastructure, operations, and big data from tens of millions of orders, Dorado ventures to re-invent the ordering experience on blockchain, while improving upon business inefficiencies caused by human.

“Using our own research, big data, and proprietary expertise, Dorado is developing tools that will change the way we choose, order and deliver goods. Modern lifestyles demand a much more tightly integrated service - nowadays almost anything can be ordered through apps and messengers lightning-fast, but the delivery industry has been too slow in adapting to these changes. This is where Dorado steps in with vision to be the catalyst of a major change”, explains Jonas Karosas, the co-founder of Dorado. Fortunately, we are not the only ones who believe in our vision to transform the industry. The business is backed by first-tier institutional investors. To date $4M has been raised in our mission to provide people with the easiest way to get stuff delivered.


Team[edit]

Team photo 1774-17891.jpg
Xiaochen Zhang
President of Blockchain Frontier Group
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Pedram Assadi
Head of Operations @ Uber Eats (Middle East)
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Tomas Martunas
Chairman of Foodout Group. Managing Partner of Goldfishfund


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Vladimir Kholyaznikov
Co-Founder and CEO of KupiVIP
Team photo 1774-17895.jpg
Ignas Mangevicius
Blockchain expert & Co-Founder of Edgeless
Team photo 1774-17896.jpg
Volodymyr Kryvko
Managing Partner at CIG & Board Member


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Mykhailo Daniuk
Chief Technology Officer
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Julia Altenried
Smart Contract Expert
Team photo 1774-17899.jpg
Stefan Höeller
Blockchain Architecture Design Specialist


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Jonas Karosas
Co-Founder / CEO
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Tadas Cekavicius
Chief of Business Development
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Evgeny Tikhomirov
Co-Founder / Chief Operating Officer


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Valdas Vėgėlė
Chief Financial Officer
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Rasa Andriuškevičienė
Head of Commerce
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Vaiva Budinaite
Head of Logistics


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Eglė Gružauskienė
Head of Product
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Eugenijus Toleikis
Head of Growth and Marketing
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Ievgen Kazantsev
CEO at CIS/CEE Region


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Ali Reza Sadeghian
Iran GM
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Tanel Ader
Estonia GM
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Eugenia Obrazova
Belarus GM


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Lauris Kokins
Latvia GM
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Justin Kundrot
Head of Search Engine Optimization (SEO)



Milestones[edit]

Ratings[edit]

Expert photo douglas-lyons-1520773550.jpg

Douglas Lyons - Board Advisor- Early Adoption and Strategic Partnerships
Rated on 2018-03-25

this will be a challenge to succeed.

Rating
Team Vision Product
4 3 3

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Ricardo Ruiz - Ricardo
Rated on 2018-02-02

Rating
Team Vision Product
4 4 3

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Joan Vallès - Wealth Manager and Advisor, Angel Investor
Rated on 2018-02-01

Rating
Team Vision Product
4 3 3

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Mofassair Hossain - CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on 2018-01-26

Rating
Team Vision Product
4 4 4

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Nerijus Tilvikas - ICOs marketing consultant - Known for successfully raising millions for blockchain projects.
Rated on 2018-01-25

Rating
Team Vision Product
5 5 5

Expert photo ricardas-bernotavicius-1511257592.jpg

Ricardas Bernotavicius - ICO expert. Investor. Founder at IUNGO.Network and few other companies in MedTech and IoT sector.
Rated on 2018-01-25

Rating
Team Vision Product
5 5 5

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Murat Ornek - Engineer, Visioner , Investor , Advisor
Rated on 2018-01-26

A good business model backed by a decent team.

Drones and robots might sound good to investors but not to me. Because as we all know Drones are not permitted almost nowhere and except special circumstances wont be used.

More realistic approach like Deliveroo would be more attractive.

Rating
Team Vision Product
3 4 3

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Artem Kim -
Rated on 2018-01-29

Rating
Team Vision Product
3 2 4

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Anuj Khanna - CEO, Peak State, Venture Capital, Private Equity, Fundraising, Mergers and Aquisitions
Rated on 2018-01-29

Rating
Team Vision Product
5 4 4

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Jan Schets - ICO advisor | CIO | Blockchain Consultant | Early Crypto Investor
Rated on 2018-01-29

Rating
Team Vision Product
4 5 4

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Bobby (Borislav) Iliev - ICO Expert & Advisor | Business Development Consultant | Marketing Strategist
Rated on 2018-01-30

Rating
Team Vision Product
3 4 4

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Gökhan Koçak - Blockchain enthusiast. Innovator. Leader. International investor. Options and Futures trader.
Rated on 2018-01-30

This is a very profitable business especially in crowded cities where people cannot find time to cook because of traffic jam. A very good example is yemeksepeti.com . Porting this business to blockchain and issuing tokens is an add-on. The management's commitment not to sell tokens for 3 years is also good. You should focus on large cities with transportation problems where working class cannot find time to cook.

Rating
Team Vision Product
4 4 5

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Toomas Allmere - Co-Founder at the Crypto BrainTrust Syndicate (CBTS) - cbtrust.co
Rated on 2018-01-31

The latest market research report by Technavio on the global online on-demand food delivery services market predicts a compound annual growth rate of close to 32% during the period 2017-2021. The demand for online on-demand food delivery services is increasing because of the preference for convenience and easy accessibility to food delivery. These services are quite popular with the urban population, the largest consumer segment to use Internet services. Additionally, consumers are accustomed to shopping through websites or apps that provide utmost convenience and transparency, resort to online food delivery options and expect the same experience when it comes to ordering food. Popular on-demand food delivery services include a range of restaurants that allow users to compare menus, prices. The global online on-demand food delivery services market is highly competitive. It has the presence of a few major players and many small- and mid-size vendors. Of the $1.4 trillion dollars generated from the sales of food and groceries in 2017, less than 1.5% came from online sales. In other words, there is a huge untapped potential for growth and sales in the online market. The rise of digital technology is reshaping the market. Consumers are accustomed to shopping online through apps or websites, with maximum convenience and transparency. The next-generation on-demand delivery decentralized company Dorado uses blockchain technologies and allows customers to order items from any store or restaurant and have them delivered in 15 minutes or less. The delivery company isn’t moving onward, but rather upward – with the help of unmanned aircraft vehicles or drones as they are more commonly known. Dorado is going to build a future that is a perfect combination of human and automated economic activity. Delivery drones offer three distinct advantages: speed, the ability to fly over difficult terrain and water and the possibility to deliver to remote locations. They also eliminate the high cost of human labor. Using drones as couriers is not intended to be a replacement for people, but instead, a complementary approach. In crowded neighborhoods, for example, the distance between delivery zones is often less than two miles, making traditional couriers the most effective means of delivery. Dorado will connect people who intend to receive goods with local couriers. The company will create a user-friendly app and its users will be able to order anything that they want via this app. By using the HyperLocal app the user can connect with couriers, drones and robots that can deliver anything to the customer. Actually Dorado is a fork of Foodout Group (food delivery platform) which is based in Europe, was founded in 2014 and is already a leader in 6 countries, delivering 4 million orders to 1 million active users with 50M+ in sales. Dorado has revealed that it plans to attract $55M via its ICO. Dorado has already raised $4M from institutional investors including the ICO-focused Goldfish Fund and the Chernovetskyi Investment Group. During the ICO a fixed number of DOR tokens will be made available, which can then be used for all transactions on its HyperLocal Logistics platform. The DOR token allows clients, businesses and courier services to interact with each other on the platform. There is a maximum supply of 510 million DOR tokens. 51% of the total supply is reserved for ICO contributors, 23% is reserved for the team and Foodout Group (under 3 years lock), 8% is reserved for Goldfish Fund, the Chernovetskyi Investment Group and other early investors, the remaining 18% is reserved for advisors, legal counsels, partnerships and bounties rewards. Tokens that are not sold during the crowdsale will be burned automatically by the smart contract. The ICO will begin on February 7 and it will last until May 16. That’s quite a lot of time for an ICO, surely. Depending on when you start to invest in this ICO, you will receive a different bonus. If you invest during the first two weeks, your bonus will be 33%. Further on every two weeks the bonus will drop until it reaches 7% from May 02 to May 16. There is a clearly defined and understood business model. WP is readable and well laid out but not a comprehensive document. One cannot find technical information regarding HyperLocal Logistics platform, what kind of blockchain ecosystems will be used, who are those delivery companies that will employ drones and robots for delivery services. By the way, it seems to me that DOR token can easily be classified as a security token. There is also a shorter version - “Light Paper” (two-pager actually). The website is neat and well presented. The site presents a board of 6 experienced members, a blockchain team of 3 persons, plus a leadership team of 15 experts. A strong presence on Social Media is usually a good indicator of company’s popularity. The number of participants in the Telegram chat -about 2,400 members, Linkedin - 43 followers, Twitter - 186 followers, Facebook - 1,741 followers, YouTube - 102 subscribers. These numbers are not particularly remarkable, it highlights the need for more work on the ICO’s part. Moreover Bitcointalk forum is almost dead and participants are guessing whether the Dorado ICO is a scam or not. Nowadays any blockchain project goes alive and successful only when it is supported by a sufficient number of people. All in all despite a few questions and remarks the idea behind the Dorado proposition is certainly worthwhile, remains to be seen what will come out of it.

Rating
Team Vision Product
4 3 3

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Artem Kharchenko - Advisor, IT entrepreneur, information security expert.
Rated on 2018-01-31

Rating
Team Vision Product
4 4 3

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Lluis Saltó -
Rated on 2018-02-06

Rating
Team Vision Product
4 4 3

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Vytautas Kaseta - Distributed crypto systems generalist, Social hacker, Next Reality visionary
Rated on 2018-02-12

Good team, average project, Utopian vision.
Not a blockchain use case at all, no clear utility for token.
7% net service payout has clear security indication that means sure legal issues in Swiss jurisdiction.
Not so credible and fishy partners (TokenDesk).

Rating
Team Vision Product
3 2 3

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Anurag Rathore - Ico Advisor
Rated on 2018-02-13

Rating
Team Vision Product
4 3 3

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Adnan Javed - Blockchain Startup Advisor, Technologist, Inventor
Rated on 2018-02-28

Pros:

Established business with tried and tested business model.
Team is experienced and has requisite startup and business expansion experience.
Whitepaper is thoroughly written.

Cons:

The use of blockchain for this project is mainly to create an ecosystem for payments. This is a big challenge when competing tokens and coins with a substantially large customer base exist.

Hardcap is high in my opinion.


Summary:

On boarding businesses & couriers to accept DOR tokens will be a challenge and may take time.

Rating
Team Vision Product
4 3 3

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Vasily Sumanov - ICO advisor, Economy researcher
Rated on 2018-02-18

Strong team. Good project background.
But token model is not clearly detalized - only general words, it is not easy to estimate real demand on token. I totally agree with network effect and that your project has solid background and good opportunities; question is related to - do you made any calcultations or estimations, how your token will exactly work is such system?

Question - you will operating in Russian regions? As far as I know it is not easy to receive permission for flight from goverment, for example in Moscow.

Rating
Team Vision Product
5 4 3

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Viktor Tabori - Co-founder, CTO
Rated on 2018-02-20

Rating
Team Vision Product
4 4 4

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Yaroslav Belkin - Ex Cointelegraph and NewsBTC Media Group | Founder and CEO at Belkin Marketing
Rated on 2018-02-21

Concept is there. But the team able to pull it off is not.

Rating
Team Vision Product
3 3 3

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Francesco Redaelli - Co-Founder & President at Koinsquare | Marketing Manager at AidCoin | Campaign Success Manager at 200 Crowd | Advisory Board Member
Rated on 2018-05-03

What to say about AI market? It will be the future, I'm interesting in Dorado because I want to see how blockchain can improve it

Rating
Team Vision Product
4 4 3

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Rick Tapia - Blockchain Advisor and Consultant
Rated on 2018-02-24

Rating
Team Vision Product
4 4 4

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Nikolay Shkilev - PhD | Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on 2018-04-11

Rating
Team Vision Product
4 4 3

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Amarpreet Singh - Blockchain & ICO Advisor | Fintech | Innovation | Machine Learning | AI | Speaker & mentor
Rated on 2018-03-08

Rating
Team Vision Product
4 5 4

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Guillermo Abellán Berenguer - I wish your dreams come true . talent and capital together . finance and marketing economy
Rated on 2018-03-10

Rating
Team Vision Product
3 2 3

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Richard Kastelein - ICO Advisor, 50+ ICOs since 2016, Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group
Rated on 2018-03-05

Great team. Solid whitepaper. Love to see Blockchain move into drone/robot arena. Might think about using Blockchain technology more for supply chain as well.

Rating
Team Vision Product
5 4 4

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Maksym Vysochanskiy - Founder of ICOExpert | Appsmoment | Blockchain Advisor
Rated on 2018-03-09

Rating
Team Vision Product
4 4 4

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Yogesh Kondaskar - CEO and Chief Innovator Bizteon, AI/Blockchain Expert
Rated on 2018-03-09

Good team and some good ideas, but there is a lack of clarity on many of the ideas how the project will solve for. Considering all of that, the hard cap is also very high.

Rating
Team Vision Product
5 3 3

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George Han - ICO Advisor
Rated on 2018-03-10

I like technology that makes daily life easier for the masses - tech adaptability, scalability of business and traction.

Rating
Team Vision Product
4 4 4

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Shaf Madina Zaman - Founder - Crypto Society, ICO Advisor, Marketing Consultant, DayTrader, BlockChain Enthusiast,
Rated on 2018-03-16

I'm not sure why this project has such a low rating... mixed opinions when I checked the ratings below but honestly I feel this could do very well over the next 2-3 years.

Innovative technology is the way forward

Rating
Team Vision Product
5 4 4

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Sanket Agrawal - ICO Advisor, ICO Management & Strategies, Blockchain Technology, DLT, Digital Transformation
Rated on 2018-03-17

Don't see KYC. However the team looks good.

Rating
Team Vision Product
3 4 3

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Arturas Svirskis - ICO Advisor | Helping Fintech companies with marketing and business development
Rated on 2018-03-18

Team: Strong and international team; however, lacking of Top Notch industry experts

Vision: Very strong vision which might change the delivery industry

Product: It has the MVP which works only in Food delivery industry. There might be many challenges to scale the system and make it universal for all indsutries

Rating
Team Vision Product
4 5 4

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Hanna Zhyhar - Business Development Manager
Rated on 2018-03-19

Very ambitious projects with milestones not defined clearly.

The team's ability to execute and make this project a success is a question mark regardless this impressive statistics https://www.dorado.tech/sales/

Rating
Team Vision Product
4 4 4

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P.B. Stanton Esq. - Securities and Banking law | Former US Marine JAG Officer | Complete legal advisory
Rated on 2018-03-20

Rating
Team Vision Product
4 4 3

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Giovanni Lesna Maranetto - Founder of MENTAL BLOCK, CCO at Blocktrade.com , Advisor Blockchain Strategist , Speaker
Rated on 2018-03-20

Rating
Team Vision Product
3 4 2

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Stephan De Haes - ICO Advisor, Community leader and COO/Co-founder Krypt.ly
Rated on 2018-03-25

Rating
Team Vision Product
3 4 3

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Aly Madhavji - Co-Founder of Global DCX | Top ICO Advisor | Angel Investor | Blockchain Entrepreneur
Rated on 2018-03-26

KYC not complete, decent team, could be construed as a security in various jurisdictions leading to long-term issues for the success.

Rating
Team Vision Product
3 3 2

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Vlad Skakun - Cryptocurrency Enthusiast | Senior Analyst at Venture Fund
Rated on 2018-03-26

Rating
Team Vision Product
3 3 2

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Cem Goksel Ozargun, MA, PMP, CSM, PSPO - Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Trader, Lecturer, Jack of All Trades
Rated on 2018-06-22

OK, I accept that the idea is fantastic. It includes robots, drones, AI. And I would appreciate getting my pizza with a drone. I would... And not to mention your great video sending pizza to space :)) But still, it doesn't seem like a good project to invest. I think there is a bit FOMO here. Sorry for truth...

Rating
Team Vision Product
3 3 3

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Benchy - ICO Analyzer Bot
Rated on 2018-10-17

Rating
Team Vision Product
0 0 0