Business Idea

ORBS platform is a blockchain infrastructure as a Service(IaaS) for large scale consumer applications. It provides the infrastructure for decentralized applications with two primary infrastructure offerings: 1.Smart Contracts; 2. Consensus-based decentralized storage services; ORBS platform aims to build its blockchain from the ground up for the consumer applications market and tailored to its very specific set of requirements witch is their basic difference between other blockchains; Also ORBS platform will have their own infrastructure marketplace where independent software providers will be able to offer decentralized flavors(like decentralized analytics) of their software with an API compatible on the smart contract SDK layer which will allow providers to rely on the ORBS consensus layer.

Fundraising Goal: 133-150 million(rumors)

Token type: OWN WALLET

Token supply – 10 billion(rumors)

Ticker: ORBS

ICO release: TBA

Sold on pre-sale: TBA

Pros

• Strong team witch large connections.
• Great business idea with huge potential aimed to resolve basic consensus problems.

Cons

• No clear roadmap, whitepaper, dates for tokens sale.
• There is no work aimed to promote project and business idea.
• No partnerships and advisors.
• Private sale was done using ETC20 tokens which means that there is still no MVP.

Social Media

Twitter – 2333 followers, couple of posts per M. On average, 1 retwit and 15 likes per post. No so much activity there.

Telegram – 7,152 members

Reddit - 273 readers.

Github – 797 commits

News

Q4 2014 – Pre Sale.

Q1 2018 – ICO and TestNet Live with first consumer app.

Q2 2018 – Production scale with first consumer app.

Q3 2018 – Compliance and smart contracts.

Q4 2018 – First migration feature: Gradual versions upgrades.

Team

The ORBS Team is basically Israel based, with some team members based in ASIA like Disheng Zheng(which have good background). ORBS President – Daniel Peled it’s not so skilled as needed but this lack is backed by other team members like Uriel Peled – ORBS Co-Founder that have experience from working  in such companies as Intel and Mellanox

Technologies (from where most of other team members come).

Key members:

Tal Kol: Co-Founder at Orbs, Head of Kin Engineering;

Oded Wertheim: CTO;

Kfir Damari: Chief Strategy & Innovation Officer, have worked in such companies as SpaceIL, Vaulto Technologies, Netline Communications Technologies, MetaPacket;

Amit Barkan: Chief Investment Officer; Former VP R&D at eToro.

Shai Yallin: VP Engineering; Former Head of Backend Infra, Software Engineering Lean, Core Services Team leader at WIX.