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"Kairos is building the future of identity utility, powered by state-of-the-art face biometrics and blockchain technology. By enabling individuals to take control of their identities and secure them on our Blockchain, Kairos is pivoting the power of identity monetisation from corporations, to consumers. We are making what would have been beyond your control-- yours to control. The FACE Token gives you the power to take back the right to your identity by securing it on our Blockchain." (Whitepaper)
Main Positives
They are a well established company since 2012 and their product is fully developed. Furthermore, they have already undertaken pilot trials for different cases and are currently testing their product in different user-dominated environments (one was in Walmart). Personally I believe Kairos' move to switch their architecture from off-chain onto the Blockchain makes logic, and if they manage to do it properly scalability and larger-scale adoption could come right after. However, the utility token is not necessary for this ecosystem.
Kairos has 4 patents that protects their novel facial recognition technology. This product is differentiated through the fact that it can actually pick up human emotions very accurately according to their demo video and their documentation.
They have SEC compliant security tokens as well that they have offered to seed investors and VC companies. Hence, legalities should not be a problem when it comes to Kairos. They have been established for a while and you can be more than sure that there is nothing shady going on with their company.
Main Negatives
There is no roadmap available. Don't know which direction they will take from here on. Are they planning to expand their product reach in other countries? Are they planning on finding more partnerships and clients?
There is a lot of strong competition in this field - we are talking about Microsoft, Google, Apple etc. - however the team knows this themselves. This is a good sign that they know where the company stands and what they need to work on in order to stay ahead. For now Kairos has a superior product compared to the competition, however giant firms can make a few good moves and monopolise this space.
Team Highlights
Brian Brackeen (CEO) - He founded Kairos back in 2012 and worked 2 year for Apple + 7 years for IBM. Smart fella this one.
Cole Calistra (CTO) - Worked technical positions at Ahold for 11 years and after he has worked for other relatively large firms.
The Wrap Up
Flip: Good | Long-Term: Medium
For further information and more information about this project go to the following:
Isee0s Review Spreadsheet: http://bit.ly/2jpOUHX
Telegram Isee0s Announcement Channel: @IseeOs
Telegram Isee0s Chat Group: @https://t.me/iseeos_reviews
The information provided is not to be construed as financial advice in any shape or form. You are strongly advised to conduct your own research before investing. As an investor, you are solely responsible for your actions. I cannot be held liable for any losses you may make. This information is simply my view and opinion on the subject.