Hanbitco Coin Evaluation Guide

In order to be listed on PlutusDS Co., Ltd.(“Hanbitco”),
any given project running an ICO has to pass a rigorous,
in-depth, and independent ICO evaluation.

• Listing Evaluation Factors

1. Market Competitiveness
   ‣ What is the project for?
   ‣ Is there a market for the project’s product or service?
   ‣ What are project’s competitors? If, so what are the strengths?
   ‣ Is the purpose of the project is legal and has potential to appreciate in value?

2. Quality of the Product
   ‣ Is there an open-source code on Github or other that can be inspected?
   ‣ Does it conduct any internal tests such as peer-review or unit test?
   ‣ Does it conduct any external tests such as a bug bounty or external code audit?
   ‣ Does it receive smart contract audits by reliable auditing companies?
   ‣ Does it have any measures to safely store ICO funding?

3. Execution of the Project
   ‣ The specification of the roadmap.
   ‣ The progress on the roadmap deadlines.

4. Security
   ‣ What precautionary measures did it employ for future hacking or any frauds
      that could expose users?
   ‣ Is replay attack protection implemented for a hard fork?

5. Team Composition
   ‣ Professional crypto experience of shareholders, founders, advisory board
      and development team.

6. Community
   ‣ Does it constantly update the project and provide transparent information
      about the upcoming project?
   ‣ Does it have a wide-open supporting community and gives in-depth answers
      to technology questions?

7. Funds
   ‣ Is the project’s budget reasonably set?
   ‣ Is there a financing plan for future development?

8. Market/Distribution
   ‣ Market capitalization.
   ‣ The existence of a publicly listed company.
   ‣ Asset distribution to various countries(i.e. geographical distribution) and among users?

9. Network Operation
   ‣ Does it provide any reward system that draws voluntary participation?


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