I rated this project 5 out of 5 points, and here's why:
Excellent idea Clear presentation of information Remarkably well-executed homework before obtaining investments Understandable roadmap Let's go through each point. The idea of encrypting files using NFTs and subsequently selling them on a Web3 decentralized marketplace has been long-discussed in the industry, and I'm glad to see that the team is implementing it. At the moment, the NFT market consists of 90% PFP collections and 10% gaming items, so introducing a new, genuinely useful use case for this asset class, which also enhances the user experience, will be a breath of fresh air for the entire industry.
The well-constructed website and pitch deck comprehensively address the main questions about the product: the main idea, technical implementation, technology stack, market size, competitors, differences from competitors, business model, etc.
The team has done everything possible without additional investment rounds, which inspires trust in the development team. Specifically, they have created an MVP (though the marketplace could use some improvement) and built an initial community.
Looking at their future development plans, I have confidence that the team knows precisely how to develop this project. All their subsequent steps mentioned in the roadmap make intuitive sense to me.
At first glance, a solid 5 out of 5. Show Less
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