Professional ICO Analytics
Professional ICO Analytics

Sovren (SVRN)

Main information

Official site: 

https://sovren.app

Pre ICO date: 

ICO date: 

Status: 

Weighted Average Rating: 

70.79

Project area: 

Investment & Trading

Product: 

Blockchain based investment platform designed to bridge the gap between traditional online trading and tokenized securities investment, it is positioned to facilitate entry into the incumbent digital asset sector for any trader regardless of their level of technical expertise.

MVP: 

Country: 

UK

KYC Verification: 

Where can be used: 

Intuitive and hassle free trading by digital assets.

Rating agencies: 

ICOholder3.59/5

Blockchain information

Token type: 

ERC20

Platform type: 

Ethereum

People

Team: 

NamePrevious companiesLinks
Avijeet JayashekharCapco, Barclays, HCL Technologies Ltd
Wynand De Jager
Tara NolanThe Boston Consulting Group (BCG), Merkley + Partners, Mandala Research, LLC
Jan BolhuisBlink71, Smart Edge Technologies, TalentSnap
Prashant TiwariQlik, Deloitte Consulting, RSM UK
Luke LynchVodafone Global Enterprise, Barclays Investment Bank, BNP Paribas
Sachin ShettySPSS, London Borough of Hackney, moneycorp
Subhra ThotaTungsten Network , Vodafone, Hitachi Consulting UK LTD
Santhosh RBBlue Latitude Health, AIG Life Ltd, UXIndia
Kledi Nenajvoestalpine group-IT, CoinAnalyst, Blockchain Investors Group (BIG Crypto)
Natalia Boruch
Chris ParkerYellowSub, Intelix Ltd, Eames Consulting Group
Revathy MariappanCloudSymphony, Cannes Lions International Festival of Creativity, Centaur Media Plc

Advisors: 

NamePrevious companiesLinks
Cesar OrtegaOxford Business Alumni London Chapter, Sumitomo Mitsui Banking Corporation, SKARA - The Blade Remains Ltd
Petros Bozatzis Eurowheels, Blue Frontier Group, Accenture
Anuj KhannaThe Acorn Collective , Opera Software, Peak State Consulting
Jason GrantFromHereOn, Ministry of Justice UK, Integral
Sascha Gh DDSCoinweb , Blockchain Investors Group (BIG Crypto), FIVeB GmbH
Guy DouekWorldpay, Gett, Rank Group

Partners: 

Blue Frontier Group Integral – Redesigning Humanity Orrick Swiss Crypto Advisors Next Generation SafeCharge

Financial details

Total token vol: 

420000000

Token in ICO: 

37.5

PreICO value: 

N/A

ICO value: 

1 SVRN = 0.35 USD

Token Distribution: 

  • Distributed to community : 37.5%
  • Incubation Program : 17%
  • Platform and Community Rewards : 15%
  • Reserve : 10%
  • Advisors : 5%
  • Founders and Team : 5%
  • Marketing : 2%
  • Bounty Activities : 1%

Fund usage: 

  • Marketing & Partnerships : 35%
  • Product Development : 20%
  • Operations : 10%
  • Global Expansion(Licencing and M&A) : 15%
  • Legal : 13%
  • Management : 7.5%

Competitors: 

Hardcap: 

55000000 USD

Softcap: 

3000000 USD

Attracted: 

Attracted %: 

Road map

What is done: 

Q1 2018 Sovern project launched. Q2 2018 Team Ramp-up; Technical Architecture Design. Q3 2018 Alpha Trading App. Q4 2018 Beta Trading App; License Application.

What is planned: 

Q1 2019 E-Money License. Q2 2019 Sovren TGE; MTF License. Q3 2020 Globally Licenced Business. 2020 Global Expansion (USA, South East Asia, Africa). 2021 Sovren Cross Border Bank Launch.

Road map progress: 

42%