The Current Problem
The food delivery industry is a 215 Billion dollar industry that’s known for giving out food, medications, and other goods. But, it has the problem of being unable to adapt to the currently growing on-demand economy.
For instance, shipping delays canceled orders (on the manufacturer’s end), and slower delivery times are common with the traditional delivery methods that we use. Because of this, society needs a decentralized way to ship goods to further help the economy grow and aid customers in getting the goods they need.
What is Dorado and How Does it Solve this Problem?
Using their technology, research, proprietary expertise, and large data, Dorado is creating tools to revolutionize the way we search and order goods. Our modern lifestyles are in need of an integrated service. For instance, we can order anything through messengers and apps lightning-fast.
However, the food delivery industry is slow in adapting to these rapid changes. Dorado is backed by high tier institutional investors who have raised over 4 million dollars to help people obtain their food with the least amount of resistance.
- Web & Mobile App Platform: Dorado has over a thousand stores on its platform, which allows users to search and order the best food in your location quickly. You can order groceries, restaurant food, and pharmacy medication with just a few taps.
- Artificial Intelligence Chatbots: Advanced recommendation and preference analysis AI chatbot that analyzes the history of your previous orders based on the context, time, and location of the order and will suggest that the client will likely choose from.
- Logistics Platform, Robots, and Drones: Dorado’s Hyperlocal Logistics platform connects local couriers (robots and drones) with consumers who can deliver food from a restaurant to your front door within minutes.
Token Sale Information
- Payment Accepted: ETH
- Soft Cap: $3,000,000 USD
- Hard Cap: $55,000,000 USD
- 1 ETH = 10,000 DOR
- Token Sale: February 7th, 2018 – May 16th, 2018
- Maximum Token Supply: 510,000,000
- Website: https://www.dorado.tech
- Whitepaper: https://www.dorado.tech/docs/Dorado-White-Paper.pdf
Disclaimer: We don’t give investment advice. Our content is made for informational and educational purposes only. Invest at your own risk and research any ICO before partaking in it.
- Previous Experience: Dorado is made from the previous company Foodout which had already gained $60 Million in venture capitalist funds and made over 4 million deliveries world wide.
- Large Team: With over 200+ members, Dorado has one of the largest teams starting out as an ICO. Each member is passionate and ready to bring the project forward.
- Innovative Product: Dorado has already created drones that are able to deliver pizza in space. Their drones are an innovative addition to the delivery industry and can complete deliveries at a faster rate.
- AI Uncertainty: We are uncertain how Dorado’s bots will perform once they are deployed.
- Legal Issues: Due to the use of drones, Dorado might be restricted in some countries. We will have to see how this company expands and how countries react to its new product.
We think that Dorado is a great ICO because it uses not only blockchain, but AI technology, drones, and fast deliveries as apart of its vision. Thus, if the team follows its roadmap, Dorado could be an interesting ICO as it continues to develop.