Is there a clear problem solved by this project? Can you clearly picture the customer? Is the market large and growing?
Does the team have a moat that will keep competitors from overtaking them?
Does the team have a track record of success? Deep knowledge of this industry? A large network of contacts?
Does the problem truly require a blockchain? Do you understand how the token works? Do they have a demo?
How likely is it that users will understand this project, and actually use it?
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Over 2 million inmates housed in this country's prisons make purchases with a financial system that has not always worked as designed. In 2014, ConCoin (acquired by CellBlocks in 2017) was developed as an effective alternative to a quickly failing financial network. State and federal inmates need a payment system that is secure, fast, and efficient. The CellBlocks system will provide inmates with the means to receive and spend their tokens. These tokens have a limited right of use on the CellBlocks network.
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